v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Jul. 04, 2026
Jun. 28, 2025
Statement of Comprehensive Income [Abstract]        
Net sales $ 1,192,764,000 $ 1,179,772,000 $ 2,359,116,000 $ 2,305,339,000
Cost of sales 832,046,000 819,079,000 1,653,199,000 1,602,201,000
Gross profit 360,718,000 360,693,000 705,917,000 703,138,000
Selling, general and administrative expenses 339,524,000 336,764,000 686,546,000 667,842,000
Restructuring charges, net 5,428,000 11,157,000 23,619,000 45,032,000
Goodwill impairment 0 0 158,000,000 0
Operating income (loss) 15,766,000 12,772,000 (162,248,000) (9,736,000)
Interest expense, net 6,572,000 6,544,000 12,941,000 13,064,000
Income (loss) before income taxes 9,194,000 6,228,000 (175,189,000) (22,800,000)
Income tax expense (benefit) 3,568,000 1,267,000 (493,000) (4,444,000)
Net income (loss) and comprehensive income (loss) 5,626,000 4,961,000 (174,696,000) (18,356,000)
Net income (loss) and comprehensive income (loss) $ 5,626,000 $ 4,961,000 $ (174,696,000) $ (18,356,000)
Basic earnings (net loss) per share (in usd per share) $ 0.06 $ 0.05 $ (1.77) $ (0.19)
Diluted earnings (net loss) per share (in usd per share) $ 0.06 $ 0.05 $ (1.77) $ (0.19)
Weighted-average shares outstanding:        
Basic (in shares) 99,014 98,081 98,720 97,801
Diluted (in shares) 99,773 98,460 98,720 97,801