CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 28, 2025 |
Jun. 29, 2024 |
Jun. 28, 2025 |
Jun. 29, 2024 |
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| Income Statement [Abstract] | ||||
| Net revenues | $ 823,729 | $ 986,016 | $ 1,599,735 | $ 1,945,142 |
| Cost of sales | 680,331 | 795,971 | 1,344,254 | 1,582,517 |
| Gross margin | 143,398 | 190,045 | 255,481 | 362,625 |
| Selling, general and administrative | 148,480 | 168,450 | 293,247 | 351,254 |
| Goodwill impairment (Note 6) | 0 | 0 | 137,721 | 0 |
| Restructuring and asset-related charges (Note 16) | 8,842 | 16,447 | 23,388 | 34,506 |
| Operating (loss) income | (13,924) | 5,148 | (198,875) | (23,135) |
| Interest expense, net | 16,487 | 16,564 | 31,405 | 32,256 |
| Loss on extinguishment and refinancing of debt (Note 10) | 0 | 0 | 237 | 1,449 |
| Other income, net (Note 18) | (4,599) | (2,488) | (15,185) | (16,751) |
| Loss from continuing operations before taxes | (25,812) | (8,928) | (215,332) | (40,089) |
| Income tax (benefit) expense (Note 11) | (3,511) | 9,563 | (2,893) | 6,132 |
| Loss from continuing operations, net of tax | (22,301) | (18,491) | (212,439) | (46,221) |
| Gain on sale of discontinued operations, net of tax | 776 | 0 | 776 | 0 |
| Net loss | $ (21,525) | $ (18,491) | $ (211,663) | $ (46,221) |
| Weighted average common shares outstanding (Note 14): | ||||
| Basic (in shares) | 85,298,517 | 85,271,699 | 85,111,100 | 85,397,067 |
| Diluted (in shares) | 85,298,517 | 85,271,699 | 85,111,100 | 85,397,067 |
| Net loss per share from continuing operations | ||||
| Basic (usd per share) | $ (0.26) | $ (0.22) | $ (2.50) | $ (0.54) |
| Diluted (usd per share) | (0.26) | (0.22) | (2.50) | (0.54) |
| Net income per share from discontinued operations | ||||
| Basic (usd per share) | 0.01 | 0 | 0.01 | 0 |
| Diluted (usd per share) | 0.01 | 0 | 0.01 | 0 |
| Net loss per share | ||||
| Basic (usd per share) | (0.25) | (0.22) | (2.49) | (0.54) |
| Diluted (usd per share) | $ (0.25) | $ (0.22) | $ (2.49) | $ (0.54) |
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- Definition Gain (Loss) On Disposal of Discontinued Operation, Net Of Tax No definition available.
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation. No definition available.
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- Definition Per diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation. No definition available.
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of impairment loss from asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax of income (loss) from continuing operations attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan and expenses resulting from the write-down of assets. Excludes expenses related to a business combination, a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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