XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 394,797 $ 392,698 $ 1,135,632 $ 1,117,484
Operating expenses:        
Cost of merchandise sold, exclusive of depreciation and amortization 170,776 158,252 491,566 458,950
Salaries, wages and benefits 74,189 116,114 248,841 276,088
Selling, general and administrative 83,897 82,076 245,126 232,380
Depreciation and amortization 17,297 15,911 52,978 45,088
Total operating expenses 346,159 372,353 1,038,511 1,012,506
Operating income 48,638 20,345 97,121 104,978
Other (expense) income:        
Interest expense, net (15,466) (18,708) (47,309) (70,912)
Gain (loss) on foreign currency, net 2,443 (195) 547 5,587
Other (expense) income, net (168) (45) 222 173
Loss on extinguishment of debt 0 (10,615) (4,088) (16,626)
Other expense, net (13,191) (29,563) (50,628) (81,778)
Income (loss) before income taxes 35,447 (9,218) 46,493 23,200
Income tax expense 13,766 6,394 15,567 13,957
Net income (loss) 21,681 (15,612) 30,926 9,243
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments 1,390 (1,508) (1,184) (3,456)
Cash flow hedges (2,637) (1,307) (5,977) (2,915)
Other comprehensive loss (1,247) (2,815) (7,161) (6,371)
Comprehensive income (loss) $ 20,434 $ (18,427) $ 23,765 $ 2,872
Net income (loss) per share, basic (in usd per share) $ 0.13 $ (0.10) $ 0.19 $ 0.06
Net income (loss) per share, diluted (in usd per share) $ 0.13 $ (0.10) $ 0.18 $ 0.06
Basic weighted average shares outstanding (in shares) 160,856 160,247 161,301 147,885
Diluted weighted average shares outstanding (in shares) 165,671 160,247 167,241 153,134