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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Consolidated Statements of Operations        
Net sales $ 478,965 $ 464,375 $ 1,011,372 $ 969,509
Cost of goods sold 402,468 352,785 833,587 740,125
Gross profit 76,497 111,590 177,785 229,384
Operating (income) and expenses:        
Selling, general and administrative expenses 44,197 47,076 91,037 97,455
Amortization expense 5,359 5,399 10,582 10,835
Gain on sale of assets     7,099  
Operating income 26,941 59,115 83,265 121,094
Other income and expenses:        
Interest expense, net 29,941 26,713 56,743 53,682
Other income (1,848) (1,117) (3,687) (2,208)
Income (loss) before income tax expense (benefit) (1,152) 33,519 30,209 69,620
Income tax expense (benefit) (1,408) 8,968 6,297 18,191
Net income $ 256 $ 24,551 $ 23,912 $ 51,429
Weighted average shares outstanding:        
Basic 69,903,828 64,776,532 69,266,967 64,679,761
Diluted 70,286,333 65,409,844 69,651,605 65,309,780
Earnings per Share        
Basic   $ 0.38 $ 0.35 $ 0.80
Diluted   0.38 0.34 0.79
Cash dividends declared per share $ 0.475 $ 0.475 $ 0.950 $ 0.950