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Selected Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 27, 2014
Selected Quarterly Financial Information [Abstract]  
Selected Quarterly Financial Information (Unaudited)
Selected Quarterly Financial Information (Unaudited)
The following table sets forth certain quarterly financial data for the periods indicated (in thousands, except per share amounts):
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Fiscal Year 2014
 
 
 
 
 
 
 
Net sales
$
490,119

 
$
479,410

 
$
480,576

 
$
498,935

Operating income
10,072

 
13,347

 
9,330

 
11,009

Loss from continuing operations(2)
(16,787
)
 
(39,301
)
 
(10,794
)
 
(19,437
)
Income (loss) from discontinued operations, net of taxes
953

 
664

 
(99
)
 
938

Net loss                                                             
$
(15,834
)
 
$
(38,637
)
 
$
(10,893
)
 
$
(18,499
)
Net (loss) income per share—basic
 
 
 
 
 
 
 
Continuing operations (1)                                                                    
$
(0.25
)
 
$
(0.59
)
 
$
(0.16
)
 
$
(0.29
)
Discontinued operations (1)                                                                    
0.01

 
0.01

 
—

 
0.02

Net loss (1)
$
(0.24
)
 
$
(0.58
)
 
$
(0.16
)
 
$
(0.27
)
Net (loss) income per share—diluted
 
 
 
 
 
 
 
Continuing operations (1)                                                                    
$
(0.25
)
 
$
(0.59
)
 
$
(0.16
)
 
$
(0.29
)
Discontinued operations (1)                                                                    
0.01

 
0.01

 
—

 
0.02

Net loss (1)
$
(0.24
)
 
$
(0.58
)
 
$
(0.16
)
 
$
(0.27
)
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Fiscal Year 2013
 
 
 
 
 
 
 
Net sales
$
418,614

 
$
406,540

 
$
442,781

 
$
509,873

Operating income (loss)
11,678

 
16,842

 
16,524

 
(15,681
)
(Loss) income from continuing operations (4)(5)(6)
(20,490
)
 
(18,996
)
 
13,427

 
(59,468
)
Income from discontinued operations, net of taxes (3)
1,345

 
113

 
13,492

 
1,791

Net (loss) income  (4)(5)(6)                           
$
(19,145
)
 
$
(18,883
)
 
$
26,919

 
$
(57,677
)
Net (loss) income per share—basic
 
 
 
 
 
 
 
Continuing operations (1)                                                                    
$
(0.32
)
 
$
(0.30
)
 
$
0.21

 
$
(0.90
)
Discontinued operations (1)                                                                    
0.02

 
—

 
0.21

 
0.03

Net (loss) income (1)
$
(0.30
)
 
$
(0.30
)
 
$
0.42

 
$
(0.87
)
Net (loss) income per share—diluted
 
 
 
 
 
 
 
Continuing operations (1)                                                                    
$
(0.32
)
 
$
(0.30
)
 
$
0.16

 
$
(0.90
)
Discontinued operations (1)                                                                    
0.02

 
—

 
0.16

 
0.03

Net (loss) income (1)
$
(0.30
)
 
$
(0.30
)
 
$
0.32

 
$
(0.87
)
 __________________________

(1)
The quarterly earnings per share information is computed separately for each period. Therefore, the sum of such quarterly per share amounts may differ from the total year.
(2)
Includes a total loss on extinguishment of debt of $27.4 million, most of which was recognized in the second quarter of 2014 in connection with the issuance of the 6.000% Notes and 8.500% Notes, and extinguishment of the Term Loan Facility and the 8.875% Notes.
(3)
Includes $25.6 million gain on sale of discontinued operations, net of tax expense of $10.7 million, most of which was recognized in the third quarter of 2013.
(4)
Includes a bargain purchase gain of $17.3 million, exclusive of $6.8 million of tax expense, recognized in the third quarter of 2013.
(5)
Includes valuation allowance charge related to deferred tax assets of $40.6 million recognized in the fourth quarter of 2013.
(6) Includes $33.4 million impairment charge on intangible assets recognized in the fourth quarter of 2013.