v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Jun. 27, 2026
Jun. 28, 2025
Income Statement [Abstract]        
Net revenues $ 817,835 $ 823,729 $ 1,539,960 $ 1,599,735
Cost of sales 680,543 680,331 1,309,954 1,344,254
Gross margin 137,292 143,398 230,006 255,481
Selling, general and administrative 138,310 148,480 284,267 293,247
Goodwill impairment (Note 6) 0 0 0 137,721
Restructuring and asset-related charges, net (Note 16) 4,077 8,842 6,056 23,388
Operating loss (5,095) (13,924) (60,317) (198,875)
Interest expense, net 18,366 16,487 35,569 31,405
Loss on extinguishment and refinancing of debt (Note 10) 0 0 0 237
Other expense (income), net (Note 17) 3,446 (4,599) 4,489 (15,185)
Loss from continuing operations before taxes (26,907) (25,812) (100,375) (215,332)
Income tax expense (benefit) (Note 11) 4,633 (3,511) 8,009 (2,893)
Loss from continuing operations, net of tax (31,540) (22,301) (108,384) (212,439)
Gain on sale of discontinued operations, net of tax 0 776 0 776
Net loss $ (31,540) $ (21,525) $ (108,384) $ (211,663)
Weighted average common shares outstanding (Note 14)        
Basic (in shares) 86,384,988 85,298,517 86,100,779 85,111,100
Diluted (in shares) 86,384,988 85,298,517 86,100,779 85,111,100
Net loss per share from continuing operations        
Basic (usd per share) $ (0.37) $ (0.26) $ (1.26) $ (2.50)
Diluted (usd per share) (0.37) (0.26) (1.26) (2.50)
Net income per share from discontinued operations        
Basic (usd per share) 0 0.01 0 0.01
Diluted (usd per share) 0 0.01 0 0.01
Net loss per share        
Basic (usd per share) (0.37) (0.25) (1.26) (2.49)
Diluted (usd per share) $ (0.37) $ (0.25) $ (1.26) $ (2.49)