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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Consolidated Statements of Operations        
Net sales $ 528,396 $ 514,965 $ 1,539,768 $ 1,484,474
Cost of goods sold 422,635 409,300 1,256,222 1,149,425
Gross profit 105,761 105,665 283,546 335,049
Operating (income) and expenses:        
Selling, general and administrative expenses 47,519 46,409 138,556 143,864
Amortization expense 5,427 5,396 16,009 16,231
Gain on sales of assets     (7,099)  
Impairment of assets held for sale 103,625   103,625  
Operating income (loss) (50,810) 53,860 32,455 174,954
Other (income) and expenses:        
Interest expense, net 31,874 26,630 88,617 80,312
Other income (1,846) (1,130) (5,533) (3,338)
Income (loss) before income tax expense (benefit) (80,838) 28,360 (50,629) 97,980
Income tax expense (benefit) (21,255) 7,613 (14,958) 25,804
Net income (loss) $ (59,583) $ 20,747 $ (35,671) $ 72,176
Weighted average shares outstanding:        
Basic 71,670,121 64,844,696 70,068,018 64,734,739
Diluted 72,018,091 65,492,965 70,440,433 65,370,841
Earnings (loss) per share:        
Basic $ (0.83) $ 0.32 $ (0.51) $ 1.11
Diluted (0.83) 0.32 (0.51) 1.10
Cash dividends declared per share $ 0.475 $ 0.475 $ 1.425 $ 1.425