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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Income Statement [Abstract]        
Net sales $ 399,931 $ 385,837 $ 1,161,694 $ 1,151,020
Cost of sales 238,159 236,035 696,740 701,495
Gross profit 161,772 149,802 464,954 449,525
Selling, general and administrative expenses 101,872 102,399 297,790 307,786
Restructuring costs and charges, net [1] (794)   1,722  
Income from operations 60,694 47,403 165,442 141,739
Interest expense, net 7,772 6,889 23,642 21,124
Income before income taxes 52,922 40,514 141,800 120,615
Income tax expense 13,715 10,100 36,412 29,910
Net income 39,207 30,414 105,388 90,705
Less: Net income attributable to redeemable non-controlling interest ("RNCI")   (373) (1,101) (1,334)
Net income attributable to the Company 39,207 30,041 104,287 89,371
Calculation of net income per common share attributable to common shareholders:        
Net Income (Loss) 39,207 30,041 104,287 89,371
Decrease (increase) in redemption value of RNCI   271 (1,637) (1,514)
Net income attributable to common shareholders $ 39,207 $ 30,312 $ 102,650 $ 87,857
Net income per common share attributable to common shareholders:        
Basic $ 0.68 $ 0.51 $ 1.75 $ 1.47
Diluted $ 0.67 $ 0.5 $ 1.74 $ 1.46
Weighted average number of common shares outstanding:        
Basic 58,012 59,964 58,796 59,908
Diluted 58,291 60,402 59,092 60,201
[1] For the nine months ended September 30, 2023, restructuring costs and charges, net, totaling $1.7 million relates to the Southeast segment income from operations, which includes a gain of $0.8 million in the three months ended September 30, 2023 relating to the forgiveness of a portion of the operating lease liability by the landlord of the Charlotte, NC location, which we satisfied in the third quarter of 2023. See Note 18 for additional information.