XML 22 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Jan. 02, 2016
Sep. 26, 2015
Jun. 27, 2015
Mar. 28, 2015
Dec. 27, 2014
Sep. 27, 2014
Jun. 28, 2014
Mar. 29, 2014
Jan. 02, 2016
Dec. 27, 2014
Dec. 28, 2013
Income Statement [Abstract]                      
Net sales $ 478,960 $ 419,783 $ 413,359 $ 429,677 $ 453,522 $ 435,595 $ 429,738 $ 442,460 $ 1,741,779 $ 1,761,315 $ 1,588,702
Cost of sales                 1,450,876 1,491,488 1,325,365
Selling, general and administrative expenses                 186,749 196,343 186,435
Amortization of intangible assets                 7,785 9,184 7,782
Restructuring and other charges                 12,576 21,526 12,586
Impairment of intangible assets                 0 0 24,493
Operating income 24,822 19,516 21,655 17,800 11,231 10,233 12,438 8,872 83,793 42,774 32,041
Gain on bargain purchase                 0 0 (17,262)
Interest expense, net                 100,805 106,661 112,579
Loss on early extinguishment of debt, net                 1,252 27,449 11,324
Other income, net                 (3,196) (442) (2,485)
Loss from continuing operations before income taxes                 (15,068) (90,894) (72,115)
Income tax expense                 4,393 4,159 14,161
Loss from continuing operations (4,365) (3,562) (3,355) (8,179) (23,398) (14,030) (39,942) (17,683) (19,461) (95,053) (86,276)
(Loss) income from discontinued operations, net of taxes (13,159) 319 950 500 4,899 3,137 1,305 1,849 (11,390) 11,190 17,490
Net loss $ (17,524) $ (3,243) $ (2,405) $ (7,679) $ (18,499) $ (10,893) $ (38,637) $ (15,834) (30,851) (83,863) (68,786)
Other comprehensive (loss) income:                      
Changes in pension and other employee benefit accounts, net of taxes                 (3,438) (56,576) 31,430
Currency translation adjustment, net                 (4,295) (1,321) (4,529)
Total other comprehensive (loss) income                 (7,733) (57,897) 26,901
Comprehensive loss                 $ (38,584) $ (141,760) $ (41,885)
(Loss) income per share – basic:                      
Continuing operations per share - basic $ (0.06) $ (0.05) $ (0.05) $ (0.12) $ (0.34) $ (0.21) $ (0.60) $ (0.27) $ (0.29) $ (1.42) $ (1.34)
Discontinued operations per share - basic (0.20) 0.00 0.01 0.01 0.07 0.05 0.02 0.03 (0.16) 0.17 0.27
Net loss per share - basic (0.26) (0.05) (0.04) (0.11) (0.27) (0.16) (0.58) (0.24) (0.45) (1.25) (1.07)
(Loss) income per share – diluted:                      
Continuing operations per share - diluted (0.06) (0.05) (0.05) (0.12) (0.34) (0.21) (0.60) (0.27) (0.29) (1.42) (1.34)
Discontinued operations per share - diluted (0.20) 0.00 0.01 0.01 0.07 0.05 0.02 0.03 (0.16) 0.17 0.27
Net loss per share - diluted $ (0.26) $ (0.05) $ (0.04) $ (0.11) $ (0.27) $ (0.16) $ (0.58) $ (0.24) $ (0.45) $ (1.25) $ (1.07)
Weighted average shares outstanding:                      
Basic shares                 67,832 66,952 64,576
Diluted shares                 67,832 66,952 64,576