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CONDENSED CONSOLIDATED STATEMENTS OF LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Income Statement [Abstract]        
Net sales $ 1,364,302 $ 1,428,218 $ 2,509,989 $ 2,707,306
Cost of sales 1,047,171 1,130,381 1,959,302 2,127,608
Gross profit 317,131 297,837 550,687 579,698
Selling, general and administrative expenses 247,029 247,006 487,874 474,807
Income from operations 70,102 50,831 62,813 104,891
Interest expense (106,747) (92,314) (201,567) (186,425)
Foreign exchange (loss) gain (2,773) 4,430 (6,786) 6,447
Gain (loss) on extinguishment of debt 0 379 0 (184)
Other income, net 673 3,632 3,556 4,805
Loss before income taxes (38,745) (33,042) (141,984) (70,466)
Income tax benefit (31,524) (10,716) (16,190) (19,325)
Net loss $ (7,221) $ (22,326) $ (125,794) $ (51,141)