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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2021
Sep. 27, 2020
Sep. 26, 2021
Sep. 27, 2020
Net sales $ 159,673 $ 133,307 $ 513,046 $ 365,760
Cost of goods sold 94,475 77,778 300,969 212,070
Gross profit 65,198 55,529 212,077 153,690
Selling, general, and administrative 28,891 17,303 79,093 48,790
Research and development costs 7,133 5,982 20,167 17,198
Amortization of intangible assets 3,553 2,699 10,391 8,099
Acquisition and restructuring costs 368 1,092 21,877 5,624
Related party acquisition and management fee costs 23,250 894 25,789 2,665
Other operating expense (income) 89 (821) 3 (1,089)
Total operating expense 63,284 27,149 157,320 81,287
Operating income 1,914 28,380 54,757 72,403
Change in fair value of warrant liability 17,273   17,273  
Change in fair value of earn-out liability 6,866   6,866  
Loss on early extinguishment of debt 1,425   1,425  
Interest expense 9,851 9,325 31,096 31,843
Total non-operating expense 35,415 9,325 56,660 31,843
Income (loss) before income taxes (33,501) 19,055 (1,903) 40,560
Income tax expense (3,301) 5,512 7,255 9,656
Net income (loss) (30,200) 13,543 (9,158) 30,904
Comprehensive income (loss)        
Foreign currency translation adjustment (31) (12)
Total comprehensive income (loss) $ (30,231) $ 13,543 $ (9,170) $ 30,904
Weighted average common shares assuming dilution 106,285,072 67,673,884 80,735,661 67,673,884
Basic net income (loss) per share $ (0.28) $ 0.20 $ (0.11) $ 0.46
Diluted net income (loss) per share $ (0.28) $ 0.20 $ (0.11) $ 0.46