v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Jul. 04, 2026
Jun. 28, 2025
Revenue:        
Total net revenue $ 498,805 $ 486,423 $ 1,042,685 $ 996,747
Costs applicable to revenue (exclusive of depreciation and amortization):        
Total costs applicable to revenue 208,372 200,371 427,508 405,561
Operating expenses:        
Selling, general and administrative expenses 243,432 247,167 499,524 502,699
Depreciation and amortization 23,221 22,536 46,663 45,499
Asset impairment 2,506 0 2,506 502
Other income, net (28) (100) (57) (100)
Total operating expenses 269,131 269,603 548,636 548,600
Income from operations 21,302 16,449 66,541 42,586
Interest expense, net 3,337 4,210 6,185 8,782
Earnings before income taxes 17,965 12,239 60,356 33,804
Income tax provision 5,549 3,514 16,759 10,893
Net income $ 12,416 $ 8,725 $ 43,597 $ 22,911
Earnings per share:        
Basic (in usd per share) $ 0.16 $ 0.11 $ 0.55 $ 0.29
Diluted (in usd per share) $ 0.15 $ 0.11 $ 0.54 $ 0.29
Weighted average shares outstanding:        
Basic (in shares) 79,547 79,079 79,601 78,968
Diluted (in shares) 80,597 80,057 81,045 79,658
Comprehensive income:        
Net income $ 12,416 $ 8,725 $ 43,597 $ 22,911
Unrealized gain on hedge instruments 173 0 593 0
Tax provision of unrealized gain on hedge instruments 44 0 149 0
Comprehensive income 12,545 8,725 44,041 22,911
Products        
Revenue:        
Total net revenue 403,135 394,589 842,635 807,354
Costs applicable to revenue (exclusive of depreciation and amortization):        
Total costs applicable to revenue 118,574 114,686 245,391 231,600
Services and plans        
Revenue:        
Total net revenue 95,670 91,834 200,050 189,393
Costs applicable to revenue (exclusive of depreciation and amortization):        
Total costs applicable to revenue $ 89,798 $ 85,685 $ 182,117 $ 173,961