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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 27, 2024
Sep. 29, 2023
Sep. 27, 2024
Sep. 29, 2023
Income Statement [Abstract]        
Revenue $ 166,035 $ 175,448 $ 376,684 $ 494,744
Cost of revenue 153,846 158,436 411,485 471,967
Gross margin 12,189 17,012 (34,801) 22,777
Selling, general and administrative expenses 12,985 14,022 47,878 47,841
ERP pre-implementation asset impairment and associated costs 15,708 0 15,708 0
Total operating expenses 28,693 14,022 63,586 47,841
Equity in earnings (loss) of unconsolidated joint ventures 812 2,577 (779) 9,570
Gain on sale of assets 16,896 30,069 20,585 31,749
Income (loss) from operations 1,204 35,636 (78,581) 16,255
Interest expense 1,977 412 4,370 1,020
Other expense, net 791 393 3,335 48
Net (loss) income before income tax (1,564) 34,831 (86,286) 15,187
Income tax expense 0 0 0 0
Net (loss) income (1,564) 34,831 (86,286) 15,187
Net income attributable to non-controlling interests 0 264 0 257
Net (loss) income attributable to Shimmick Corporation $ (1,564) $ 34,567 $ (86,286) $ 14,930
Net (loss) income attributable to Shimmick Corporation per common share        
Basic $ (0.05) $ 1.58 $ (2.96) $ 0.68
Diluted $ (0.05) $ 1.58 $ (2.96) $ 0.68