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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2021
Jul. 03, 2020
Jul. 02, 2021
Jul. 03, 2020
Income Statement [Abstract]        
Net sales $ 182,394 $ 177,890 $ 354,010 $ 385,212
Cost of sales 120,448 121,222 239,159 260,842
Gross profit 61,946 56,668 114,851 124,370
Selling, general and administrative expenses 38,719 38,396 76,847 91,724
Research and Development Expense 3,238 2,847 7,464 7,702
Amortization of Intangible Assets 2,637 3,637 5,274 6,443
Costs of Transaction Services Agreement 999 4,373 1,704 8,513
Cost of Acquired Retention Plans 0 5,704 0 11,407
Restructuring and severance costs 1,516 4,484 2,868 6,279
Gain (Loss) on Disposition of Business 0 0 234 (493)
Net loss (gain) on sale of assets 5 (3) 15 (13)
Operating income (loss) 14,832 (2,770) 20,445 (7,192)
Interest expense, net 4,335 5,808 8,586 9,055
Non-service pension and post retirement benefit income (6,577) (4,062) (13,220) (8,125)
Income from Transaction Services Agreement (442) (3,050) (917) (6,024)
Other expense (income), net 158 (108) 447 110
Earnings (loss) from continuing operations before income taxes 17,358 (1,358) 25,549 (2,208)
Income tax expense (benefit) 5,502 (1,258) 5,709 (1,701)
Earnings from continuing operations 11,856 (100) 19,840 (507)
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax 0 0 0 0
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax 0 0 0 692
Earnings from discontinued operations, net of tax 0 0 0 692
Net earnings (loss) $ 11,856 $ (100) $ 19,840 $ 185
Earnings per share:        
Basic earnings per share from continuing operations $ 0.43 $ (0.00) $ 0.71 $ (0.02)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0.00 0.00 0.00 0.03
Basic earnings per share (in usd per share) 0.43 0.00 0.71 0.01
Diluted earnings per share from continuing operations 0.42 (0.00) 0.71 (0.02)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0.00 0.00 0.00 0.03
Diluted earnings per share (in usd per share) $ 0.42 $ 0.00 $ 0.71 $ 0.01
Average shares outstanding:        
Basic (in shares) 27,867 27,659 27,841 27,734
Diluted (in shares) 27,913 27,659 27,890 27,734