v3.22.2.2
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 24, 2022
Sep. 25, 2021
Sep. 24, 2022
Sep. 25, 2021
Income Statement [Abstract]        
Net sales $ 378,538 $ 364,480 $ 1,135,665 $ 1,081,476
Cost of sales (exclusive of depreciation and amortization shown separately below) 214,802 236,999 648,221 654,264
Selling, general and administrative expenses 133,246 110,447 366,013 325,288
Depreciation 14,312 14,454 41,738 46,065
Amortization 15,557 15,504 46,644 45,827
Management fees to related party 0 56 0 270
Other expense (income), net 1,070 315 (3,124) (2,232)
Income (loss) from operations (449) (13,295) 36,173 11,994
Loss on change in fair value of warrant liability 0 3,990 0 3,990
Interest expense, net 14,696 11,801 38,857 49,979
Interest expense on junior subordinated debentures 0 1,471 0 7,775
(Gain) loss on mark-to-market adjustments 0 (261) 0 (1,685)
Refinancing charges 0 8,070 0 8,070
Investment income on trust common securities 0 (44) 0 (233)
Income (loss) before income taxes (15,145) (38,322) (2,684) (55,902)
Income tax provision (benefit) (5,679) (5,798) (147) (11,023)
Net income (loss) $ (9,466) $ (32,524) $ (2,537) $ (44,879)
Basic income (loss) per share (in usd per share) $ (0.05) $ (0.01) $ (0.19) $ (0.38)
Weighted average basic shares outstanding 194,370 194,171 168,440 116,945
Diluted income (loss) per share (in usd per share) $ (0.05) $ (0.01) $ (0.19) $ (0.38)
Weighted Average Number of Shares Outstanding, Diluted 194,370 194,171 168,440 116,945
Net income (loss) from above $ (9,466) $ (32,524) $ (2,537) $ (44,879)
Other comprehensive income (loss):        
Foreign currency translation adjustments (7,834) (4,740) (8,745) 1,575
Hedging activity 3,811 246 15,333 246
Total other comprehensive income (loss) (4,023) (4,494) 6,588 1,821
Comprehensive income (loss) $ (13,489) $ (37,018) $ 4,051 $ (43,058)

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