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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Revenue:        
Total net revenue $ 260,007 $ 429,451 $ 729,711 $ 890,666
Costs applicable to revenue (exclusive of depreciation and amortization):        
Total costs applicable to revenue 140,780 202,506 359,334 414,475
Operating expenses:        
Selling, general and administrative expenses 136,582 182,278 330,323 376,154
Depreciation and amortization 21,924 20,819 46,734 41,234
Asset impairment 2,411 1,790 13,766 3,872
Litigation settlement 0 0 4,395 0
Other expense (income), net (92) 356 (158) 829
Total operating expenses 160,825 205,243 395,060 422,089
Income (loss) from operations (41,598) 21,702 (24,683) 54,102
Interest expense, net 15,502 8,968 22,957 18,029
Debt issuance costs 136 0 136 0
Earnings (loss) before income taxes (57,236) 12,734 (47,776) 36,073
Income tax provision (benefit) (13,403) 2,477 (13,685) 8,387
Net income (loss) $ (43,833) $ 10,257 $ (34,091) $ 27,686
Earnings (loss) per share:        
Basic (in usd per share) $ (0.55) $ 0.13 $ (0.42) $ 0.35
Diluted (in usd per share) $ (0.55) $ 0.13 $ (0.42) $ 0.34
Weighted average shares outstanding:        
Basic (shares) 80,325 78,318 80,226 78,262
Diluted (shares) 80,325 81,424 80,226 81,437
Comprehensive income (loss):        
Net income (loss) $ (43,833) $ 10,257 $ (34,091) $ 27,686
Unrealized gain (loss) on hedge instruments 4,111 (2,246) (4,747) (3,519)
Tax provision (benefit) of unrealized gain (loss) on hedge instruments 1,050 (576) (1,206) (902)
Comprehensive income (loss) (40,772) 8,587 (37,632) 25,069
Products        
Revenue:        
Total net revenue 209,707 357,533 602,548 740,693
Costs applicable to revenue (exclusive of depreciation and amortization):        
Total costs applicable to revenue 97,635 145,654 254,005 299,658
Services and plans        
Revenue:        
Total net revenue 50,300 71,918 127,163 149,973
Costs applicable to revenue (exclusive of depreciation and amortization):        
Total costs applicable to revenue $ 43,145 $ 56,852 $ 105,329 $ 114,817