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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 26, 2020
Sep. 28, 2019
Revenue:        
Total net revenue $ 485,353 $ 431,902 $ 1,215,064 $ 1,322,568
Costs applicable to revenue (exclusive of depreciation and amortization):        
Total costs applicable to revenue 210,809 204,502 570,143 618,978
Operating expenses:        
Selling, general and administrative expenses 190,518 190,290 520,841 566,444
Depreciation and amortization 22,236 22,336 68,970 63,570
Asset impairment 7,150 3,516 20,916 7,387
Litigation settlement 0 0 4,395 0
Other expense (income), net (154) 146 (312) 975
Total operating expenses 219,750 216,288 614,810 638,376
Income from operations 54,794 11,112 30,111 65,214
Interest expense, net 12,475 7,873 35,432 25,902
Debt issuance costs 0 0 136 0
Loss on extinguishment of debt 0 9,786 0 9,786
Earnings (loss) before income taxes 42,319 (6,547) (5,457) 29,526
Income tax provision (benefit) 7,030 (7,739) (6,655) 647
Net income $ 35,289 $ 1,192 $ 1,198 $ 28,879
Earnings per share:        
Basic (in usd per share) $ 0.44 $ 0.02 $ 0.01 $ 0.37
Diluted (in usd per share) $ 0.42 $ 0.01 $ 0.01 $ 0.35
Weighted average shares outstanding:        
Basic (shares) 80,676 78,474 80,376 78,387
Diluted (shares) 83,795 81,561 82,718 81,510
Comprehensive income:        
Net income $ 35,289 $ 1,192 $ 1,198 $ 28,879
Unrealized gain (loss) on hedge instruments 1,894 681 (2,853) (2,837)
Tax provision (benefit) of unrealized gain (loss) on hedge instruments 483 175 (723) (727)
Comprehensive income (loss) 36,700 1,698 (932) 26,769
Products        
Revenue:        
Total net revenue 403,336 355,789 1,005,884 1,096,482
Costs applicable to revenue (exclusive of depreciation and amortization):        
Total costs applicable to revenue 148,274 144,518 402,279 444,177
Services and plans        
Revenue:        
Total net revenue 82,017 76,113 209,180 226,086
Costs applicable to revenue (exclusive of depreciation and amortization):        
Total costs applicable to revenue $ 62,535 $ 59,984 $ 167,864 $ 174,801