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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 29, 2018
Dec. 30, 2017
Dec. 31, 2016
NET SALES $ 405,033 $ 412,462 $ 397,453
Cost of sales 318,042 311,249 302,028
GROSS PROFIT 86,991 101,213 95,425
Selling and administrative expenses 92,473 96,189 97,004
Other operating expense, net 458 441 401
Facility consolidation and severance expenses, net 3,167 636 1,456
Impairment of assets 6,709 0 0
OPERATING INCOME (LOSS) (15,816) 3,947 (3,436)
Interest expense 6,491 5,739 5,392
Other expense, net 3 21 1
LOSS FROM CONTINUING OPERATIONS BEFORE TAXES (22,310) (1,813) (8,829)
Income tax provision (benefit) (831) 7,509 (3,622)
LOSS FROM CONTINUING OPERATIONS (21,479) (9,322) (5,207)
Income (loss) from discontinued operations, net of tax 95 (233) (131)
Income on disposal of discontinued operations, net of tax 0 0 60
NET LOSS $ (21,384) $ (9,555) $ (5,278)
BASIC EARNINGS (LOSS) PER SHARE:      
Continuing operations $ (1.36) $ (0.59) $ (0.33)
Discontinued operations 0.01 (0.01) (0.01)
Disposal of discontinued operations 0.00 0.00 0.00
Net loss $ (1.35) $ (0.60) $ (0.34)
BASIC SHARES OUTSTANDING [1] 15,764 15,699 15,638
DILUTED EARNINGS (LOSS) PER SHARE:      
Continuing operations $ (1.36) $ (0.59) $ (0.33)
Discontinued operations 0.01 (0.01) (0.01)
Disposal of discontinued operations 0.00 0.00 0.00
Net loss $ (1.35) $ (0.60) $ (0.34)
DILUTED SHARES OUTSTANDING [1],[2] 15,764 15,699 15,638
DIVIDENDS PER SHARE:      
Common Stock $ 0.00 $ 0.00 $ 0.00
Class B Common Stock $ 0.00 $ 0.00 $ 0.00
[1] Includes Common and Class B Common shares, excluding 570 unvested participating securities, in thousands.
[2] Shares issuable under stock option plans where the exercise price is greater than the average market price of the Company's Common Stock during the relevant period and directors' stock performance units have been excluded to the extent they are anti-dilutive. Aggregate shares excluded were 422 in 2018, 448 in 2017 and 220 in 2016.