XML 55 R3.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2015
Sep. 27, 2014
Sep. 26, 2015
Sep. 27, 2014
Income Statement [Abstract]        
Net sales $ 419,783 $ 435,595 $ 1,262,819 $ 1,307,793
Cost of sales 347,409 369,959 1,050,004 1,102,630
Selling, general and administrative expenses 45,394 48,094 136,559 148,183
Amortization of intangible assets 1,981 1,913 5,756 7,299
Restructuring and other charges 5,483 5,396 11,529 18,138
Operating income 19,516 10,233 58,971 31,543
Interest expense, net 25,095 26,001 76,001 80,540
Loss on early extinguishment of debt, net 0 1,280 559 27,778
Other income, net (1,332) (771) (773) (712)
Loss from continuing operations before income taxes (4,247) (16,277) (16,816) (76,063)
Income tax benefit (685) (2,247) (1,720) (4,408)
Loss from continuing operations (3,562) (14,030) (15,096) (71,655)
Income from discontinued operations, net of taxes 319 3,137 1,769 6,291
Net loss (3,243) (10,893) (13,327) (65,364)
Other comprehensive income (loss):        
Changes in pension and other employee benefit accounts, net of taxes 1,433 480 4,117 1,440
Currency translation adjustment (1,893) (1,067) (3,132) (334)
Comprehensive loss $ (3,703) $ (11,480) $ (12,342) $ (64,258)
(Loss) income per share – basic:        
Continuing operations per share - basic $ (0.05) $ (0.21) $ (0.22) $ (1.07)
Discontinued operations per share - basic 0.00 0.05 0.02 0.09
Net loss per share - basic (0.05) (0.16) (0.20) (0.98)
(Loss) income per share – diluted:        
Continuing operations per share - diluted (0.05) (0.21) (0.22) (1.07)
Discontinued operations per share - diluted 0.00 0.05 0.02 0.09
Net loss per share - diluted $ (0.05) $ (0.16) $ (0.20) $ (0.98)
Weighted average shares outstanding:        
Basic shares 67,874 67,296 67,817 66,709
Diluted shares 67,874 67,296 67,817 66,709