v3.22.2.2
Consolidated Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 03, 2022
Sep. 27, 2021
Oct. 03, 2022
Sep. 27, 2021
Income Statement [Abstract]        
Net sales $ 671,080 $ 556,784 $ 1,877,890 $ 1,650,599
Cost of goods sold 542,513 463,605 1,541,327 1,375,910
Gross profit 128,567 93,179 336,563 274,689
Operating expenses:        
Selling and marketing 19,824 15,858 55,653 46,745
General and administrative 41,370 32,389 123,130 95,109
Research and development 7,322 4,423 18,110 13,075
Amortization of definite-lived intangibles 10,273 8,274 26,822 26,837
Total operating expenses 78,789 60,944 223,715 181,766
Operating income 49,778 32,235 112,848 92,923
Other (expense) income:        
Interest expense (10,939) (11,147) (33,011) (33,615)
Loss on extinguishment of debt       (15,217)
Other, net 10,324 2,525 19,932 5,338
Total other expense, net (615) (8,622) (13,079) (43,494)
Income before income taxes 49,163 23,613 99,769 49,429
Income tax provision (5,635) (2,655) (11,203) (3,402)
Net income $ 43,528 $ 20,958 $ 88,566 $ 46,027
Earnings per share:        
Basic earnings per share $ 0.43 $ 0.20 $ 0.87 $ 0.43
Diluted earnings per share $ 0.42 $ 0.19 $ 0.85 $ 0.42

Source