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Acquisitions (Tables)
9 Months Ended
Sep. 27, 2014
Business Combinations [Abstract]  
Purchase price allocation
Purchase Price Allocation

The following table summarizes the allocation of the purchase price of National to the assets acquired and liabilities assumed in the acquisition (in thousands):

Property, plant and equipment
 
$
53,108

Other intangible assets
 
4,430

   Total assets acquired
 
57,538

Accounts payable
 
1,015

Accrued compensation and related liabilities
 
1,210

Other current liabilities
 
1,453

Note payable
 
2,536

    Total liabilities assumed
 
6,214

Net assets acquired
 
51,324

Cost of the acquisition of certain assets of National
 
34,062

Gain on bargain purchase
 
$
17,262

Pro forma financial information
Unaudited Pro Forma Financial Information

The following supplemental pro forma consolidated summary financial information of the Company for the three and nine months ended September 28, 2013 herein has been prepared by adjusting the historical data as set forth in its statements of operations to give effect to the acquisition of certain assets of National as if it had been made as of January 1, 2012 (in thousands, except per share amounts).
 
 
For the Three Months Ended
 
For the Nine Months Ended
 
 
September 28,
2013
 
September 28,
2013
Net sales
 
 
 
 
  As reported
 
$
442,781

 
$
1,267,935

  Pro forma
 
$
517,166

 
$
1,517,926

Income (loss) from continuing operations
 
 
 
 
  As reported
 
$
13,427

 
$
(26,059
)
  Pro forma
 
$
(7,981
)
 
$
(71,239
)
Income (loss) per share from continuing operations - basic
 
 
 
 
  As reported
 
$
0.21

 
$
(0.40
)
  Pro forma
 
$
(0.12
)
 
$
(1.08
)
Income (loss) per share from continuing operations - diluted
 
 
 
 
   As reported
 
$
0.16

 
$
(0.40
)
   Pro forma
 
$
(0.12
)
 
$
(1.08
)