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Condensed Consolidated Statements of Net Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jan. 01, 2022
Dec. 26, 2020
Jan. 01, 2022
Dec. 26, 2020
Net sales $ 445,593 $ 484,392 $ 1,052,891 $ 1,162,851
Costs and expenses:        
Cost of product sold 400,608 406,688 931,555 987,642
Selling, general and administrative 21,032 22,613 57,442 60,211
Plant restructuring (credit)/charge (110) (118) 3 169
Other operating loss/(income) 399 (35,351) 681 (33,716)
Total costs and expenses 421,929 393,832 989,681 1,014,306
Operating income 23,664 90,560 63,210 148,545
Loss from equity investment 0 (728) 7,775 752
Other (income)/loss (2,218) (234) (6,969) 2,457
Interest expense, net 1,505 1,531 4,183 4,586
Earnings before income taxes 24,377 89,991 58,221 140,750
Income taxes 5,713 17,531 13,767 29,479
Net earnings $ 18,664 $ 72,460 $ 44,454 $ 111,271
Basic earnings per common share (in dollars per share) $ 2.16 $ 7.96 $ 5.02 $ 12.18
Diluted earnings per common share: (in dollars per share) $ 2.14 $ 7.90 $ 4.98 $ 12.09