Segment Information (Tables)

6 Months Ended

Jul. 04, 2021

Segment Reporting [Abstract]

Schedule of Operating Segment Information

Segment information below for fiscal year 2020 has been restated to reflect our new reportable segment structure.

	Three Months Ended				Six Months Ended
	July 4, 2021		July 5, 2020		July 4, 2021		July 5, 2020
	(in thousands)
Net Sales
AMS	$	156,665	$	151,222	$	283,632	$	309,313
EAAA	138,120		108,282		264,413		238,360
Total net sales	$	294,785	$	259,504	$	548,045	$	547,673
Segment AOI
AMS	$	21,098	$	23,942	$	33,011	$	47,492
EAAA	9,960		3,530		17,971		9,330
Depreciation and Amortization
AMS	$	4,504	$	3,966	$	9,227	$	7,873
EAAA	7,232		6,842		14,443		13,875
Total depreciation and amortization	$	11,736	$	10,808	$	23,670	$	21,748

Reconciliation of Assets from Segment to Consolidated

A reconciliation of the Company’s total operating segment assets to the corresponding consolidated amounts follows:

	July 4, 2021		January 3, 2021
	(in thousands)
Assets
AMS	$	834,446	$	800,068
EAAA	692,208		682,295
Total segment assets	1,526,654		1,482,363
Corporate assets	128,701		111,073
Eliminations	(333,141)		(287,425)
Total reported assets	$	1,322,214	$	1,306,011

Reconciliation of Operating Income (Loss) from Segments to Consolidated

Reconciliations of operating income to income (loss) before income tax expense and segment AOI are presented as follows:

	Three Months Ended				Six Months Ended
	July 4, 2021		July 5, 2020		July 4, 2021		July 5, 2020
	(in thousands)
AMS operating income	$	21,101	$	17,189	$	32,748	$	37,287
EAAA operating income (loss)	8,123		204		13,342		(113,406)
Consolidated operating income (loss)	29,224		17,393		46,090		(76,119)
Interest expense	7,289		4,965		14,545		10,595
Other expense	617		5,139		1,332		6,630
Income (loss) before income tax expense	$	21,318	$	7,289	$	30,213	$	(93,344)

	Three Months Ended July 4, 2021				Three Months Ended July 5, 2020
	AMS		EAAA		AMS		EAAA
	(in thousands)
Operating income	$	21,101	$	8,123	$	17,189	$	204
Purchase accounting amortization	—		1,441		—		1,316
Restructuring, asset impairment, severance and other charges	(3)		396		6,753		2,010
AOI	$	21,098	$	9,960	$	23,942	$	3,530

	Six Months Ended July 4, 2021				Six Months Ended July 5, 2020
	AMS		EAAA		AMS		EAAA
	(in thousands)
Operating income (loss)	$	32,748	$	13,342	$	37,287	$	(113,406)
Purchase accounting amortization	—		2,862		—		2,631
Goodwill and intangible asset impairment	—		—		2,695		118,563
Impact of change in equity award forfeiture accounting	—		—		757		650
Restructuring, asset impairment, severance and other charges	263		1,767		6,753		892
AOI	$	33,011	$	17,971	$	47,492	$	9,330