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Consolidated Statements of Operations (unaudited) (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 26, 2011
Jun. 27, 2010
Jun. 26, 2011
Jun. 27, 2010
Net sales $ 435,876 $ 419,179 $ 807,021 $ 764,052
Cost of goods sold 398,786 386,584 739,510 693,173
Gross profit 37,090 32,595 67,511 70,879
Selling, general and administrative expenses 35,958 40,766 71,546 75,589
(Gain) loss on asset disposals (823) 1,034 (279) 1,997
Asset impairment 12,343 13,218 12,343 13,218
Operating loss (10,388) (22,423) (16,099) (19,925)
Interest expense, net of interest income of $26, $79, $59 and $113 17,656 17,335 34,936 34,435
Foreign currency exchange loss (gain), net 215 (26) 2,373 1,350
Gain from bargain purchase 0 (1,703) 0 (1,703)
Loss before income taxes (28,259) (38,029) (53,408) (54,007)
Income tax provision 879 1,692 1,026 2,242
Net loss $ (29,138) $ (39,721) $ (54,434) $ (56,249)