XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 1,431,356 $ 1,424,758 $ 3,941,345 $ 4,132,064
Cost of sales 1,154,794 1,091,691 3,114,096 3,219,299
Gross profit 276,562 333,067 827,249 912,765
Selling, general and administrative expenses 671,281 228,621 1,159,155 703,428
Loss on divestiture 0 10,080 0 10,080
Income (loss) from operations (394,719) 94,366 (331,906) 199,257
Interest expense (124,120) (91,013) (325,687) (277,438)
Foreign exchange gain (loss) 782 (3,753) (6,004) 2,694
Loss on extinguishment of debt 0 0 0 (184)
Other income, net 994 4,027 4,550 8,832
Income (loss) before income taxes (517,063) 3,627 (659,047) (66,839)
Income tax expense (benefit) (40,029) 890 (56,219) (18,435)
Net income (loss) $ (477,034) $ 2,737 $ (602,828) $ (48,404)