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ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
 9 Months Ended
Sep. 28, 2019
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES  
Schedule of Unaudited Condensed Consolidated Financial Statements
The following tables compare unaudited condensed consolidated financial statements reported in accordance with the requirements of ASC 606 to the amounts that would have been reported had the new standard not been applied (in thousands):

Three Months Ended September 28, 2019Nine Months Ended September 28, 2019
As ReportedImpact of AdoptionBalances without
Adoption of ASC 606		As ReportedImpact of AdoptionBalances without
Adoption of ASC 606
Net sales$229,125??$(754)?$228,371??$616,132??$(7,033)?$609,099??
Cost of goods sold109,049??45??109,094??303,152??(2,433)?300,719??
Gross profit120,076??(799)?119,277??312,980??(4,600)?308,380??
Selling, general, and administrative expenses86,071??84??86,155??235,191??319??235,510??
Operating income34,005??(883)?33,122??77,789??(4,919)?72,870??
Interest expense(5,319)????(5,319)?(17,081)????(17,081)?
Other expense(304)????(304)?(192)????(192)?
Income before income taxes28,382??(883)?27,499??60,516??(4,919)?55,597??
Income tax expense(7,080)?216??(6,864)?(14,824)?1,206??(13,618)?
Net income$21,302??$(667)?$20,635??$45,692??$(3,713)?$41,979??

September 28, 2019
As ReportedImpact of AdoptionBalances without
Adoption of ASC 606
ASSETS
Accounts receivable, net$74,758??$(8,360)?$66,398??
Inventory209,154??2,780??211,934??
Prepaid expenses and other current assets13,303??(584)?12,719??
Deferred charges and other assets1,663??27??1,690??
LIABILITIES AND STOCKHOLDERS? EQUITY
Accrued expenses and other current liabilities38,220??(584)?37,636??
Taxes payable2,863??(1,340)?1,523??
Accumulated deficit(194,287)?(4,213)?(198,500)?