v3.24.1.u1
Consolidated Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2024
Apr. 03, 2023
Income Statement [Abstract]    
Net sales $ 570,113 $ 544,437
Cost of goods sold 466,394 458,314
Gross profit 103,719 86,123
Operating expenses:    
Selling and marketing 20,294 21,302
General and administrative 43,670 35,073
Research and development 7,321 7,085
Amortization of definite-lived intangibles 11,429 21,964
Restructuring charges 3,938 4,167
Total operating expenses 86,652 89,591
Operating income (loss) 17,067 (3,468)
Other (expense) income:    
Interest expense (12,324) (12,807)
Gain on sale of subsidiary 0 1,339
Other, net 9,326 1,198
Total other expense, net (2,998) (10,270)
Income (loss) before income taxes 14,069 (13,738)
Income tax (provision) benefit (3,603) 7,924
Net income (loss) $ 10,466 $ (5,814)
Earnings (loss) per share:    
Basic earnings (loss) per share $ 0.1 $ (0.06)
Diluted earnings (loss) per share $ 0.1 $ (0.06)

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