v3.25.4
Segment (Tables)
12 Months Ended
Jan. 03, 2026
Segment Reporting [Abstract]  
Schedule of Operating Profit (Loss) from Segments to Consolidated The following is a summary of the significant expense categories and consolidated net loss details provided to the CODM
(in thousands):
2025
2024
2023
Net Sales
$1,411,450
$1,682,296
$1,887,482
Less:
Cost of sales
(578,499)
(679,523)
(798,952)
Marketing expenses
(315,189)
(393,693)
(432,982)
Selling expenses
(349,046)
(372,931)
(414,460)
General and administrative
(130,669)
(148,736)
(145,949)
Research and development
(33,942)
(45,255)
(55,797)
Restructuring costs
(50,697)
(18,066)
(15,728)
Asset impairment charges
(1,220)
(673)
Interest expense
(49,382)
(48,368)
(42,694)
Income tax (expense) benefit
(35,984)
5,162
4,466
Net loss
$(131,958)
$(20,334)
$(15,287)