Thirteen Weeks Ended | Year Ended | |||||||||||||||
December 28, | December 29, | December 28, | December 29, | |||||||||||||
2019 | 2018 | 2019 | 2018 | |||||||||||||
Net loss | $ | (34,097 | ) | $ | (35,085 | ) | $ | (103,386 | ) | $ | (69,641 | ) | ||||
Income tax provision (benefit) | (3,524 | ) | (112 | ) | (5,370 | ) | 2,070 | |||||||||
Interest expense, net | 24,104 | 26,491 | 101,613 | 70,545 | ||||||||||||
Interest expense on junior subordinated debentures | 3,152 | 3,152 | 12,608 | 12,608 | ||||||||||||
Investment income on trust common securities | (94 | ) | (94 | ) | (378 | ) | (378 | ) | ||||||||
Depreciation | 16,918 | 15,580 | 65,658 | 46,060 | ||||||||||||
Amortization | 14,796 | 14,700 | 58,910 | 44,572 | ||||||||||||
EBITDA | 21,255 | 24,632 | 129,655 | 105,836 | ||||||||||||
Stock compensation expense | 1,075 | 371 | 2,981 | 1,590 | ||||||||||||
Management fees | 166 | 150 | 562 | 546 | ||||||||||||
Acquisition and integration expense | 707 | 3,775 | 5,932 | 10,953 | ||||||||||||
Canada Restructuring (1) | 6,556 | 5,587 | 9,667 | 8,261 | ||||||||||||
US Restructuring costs (2) | 8,198 | — | 9,527 | — | ||||||||||||
Restructuring and other costs (3) | 2,115 | 1,528 | 13,000 | 9,016 | ||||||||||||
Refinancing costs | — | 3,090 | — | 11,632 | ||||||||||||
Retention and long term incentive bonuses | 742 | 1,405 | 6,831 | 1,405 | ||||||||||||
Asset impairment costs(4) | 991 | — | 7,887 | — | ||||||||||||
Legal fees and settlements | 651 | — | 1,463 | — | ||||||||||||
Anti-dumping duties | — | 300 | — | (3,829 | ) | |||||||||||
Mark-to-market adjustment on interest rate swaps | (609 | ) | 2,284 | 2,608 | 607 | |||||||||||
Adjusted EBITDA | $ | 41,847 | $ | 43,122 | $ | 190,113 | $ | 146,017 |
1. | Includes charges related to a restructuring plan announced in our Canada segment in 2018, including facility consolidation, stock keeping unit rationalization, severance, sale of property and equipment, and charges relating to exiting certain lines of business. See Note 14 - Restructuring of the Notes to the Consolidated Financial statements for additional information. |
2. | Includes charges related to a restructuring plan announced in our United States business in 2019, including severance related to management realignment and the integration of sales and operating functions, and inventory adjustments |
3. | Includes restructuring and other costs associated with the implementation of a new pricing program, cost associated with implementing our ERP system in Canada, costs to relocate our distribution center in Edmonton, Canada, costs associated with relocating our distribution center in Dallas, Texas, and one time charges associated with new business wins. |
4. | Impairment losses for the disposal of FastKey self-service key duplicating kiosks and related assets. |