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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]        
Revenues $ 207,809 $ 243,531 $ 431,689 $ 483,704
Cost of goods sold 191,430 208,633 387,107 420,450
Gross profit 16,379 34,898 44,582 63,254
Selling, general and administrative expenses 19,573 24,304 45,003 46,514
Intangible asset amortization 2,446 2,612 4,892 5,224
Other expense (income), net (227) 1,540 (192) 1,827
Foreign exchange gain (2,377) (127) (4,588) (599)
Earnings (loss) from continuing operations before the following (3,036) 6,569 (533) 10,288
Interest expense, net 6,969 3,132 12,781 5,662
Earnings (loss) from continuing operations before income taxes (10,005) 3,437 (13,314) 4,626
Income tax expense 8,833 1,152 4,147 1,339
Earnings (loss) from continuing operations (18,838) 2,285 (17,461) 3,287
Earnings (loss) from discontinued operations 0 (814) 0 2,752
Net earnings (loss) (18,838) 1,471 (17,461) 6,039
Dividends and accretion on preferred stock (422) (760) (1,126) (1,515)
Earnings (loss) attributable to common shareholders $ (19,260) $ 711 $ (18,587) $ 4,524
Basic and diluted earnings (loss) per share        
Earnings (loss) from continuing operations - Basic $ (0.17) $ 0.01 $ (0.16) $ 0.02
Earnings (loss) from continuing operations - Diluted (0.17) 0.01 (0.16) 0.02
Earnings (loss) from discontinued operations - Basic 0 (0.01) 0 0.03
Earnings (loss) from discontinued operations - Diluted 0 (0.01) 0 0.03
Earnings (loss) attributable to common shareholders - Basic (0.17) 0.01 (0.16) 0.04
Earnings (loss) attributable to common shareholders - Diluted $ (0.17) $ 0.01 $ (0.16) $ 0.04
Weighted-average common shares outstanding (000s)        
Basic 115,471 107,622 112,743 107,510
Diluted 115,471 108,667 112,743 108,495