GUARANTOR UNAUDITED CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Income Statement) (Details) - USD ($) $ in Thousands |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 29, 2018 |
Sep. 30, 2017 |
Sep. 29, 2018 |
Sep. 30, 2017 |
|
Condensed Income Statements, Captions [Line Items] | ||||
Net sales | $ 923,907 | $ 948,046 | $ 2,375,890 | $ 2,372,624 |
Cost of goods sold | 536,457 | 544,468 | 1,346,005 | 1,350,107 |
Gross profit | 387,450 | 403,578 | 1,029,885 | 1,022,517 |
Selling, general, and administrative expenses | 294,117 | 283,480 | 837,621 | 781,420 |
Royalty income, net | 10,224 | 10,350 | 28,573 | 32,118 |
Operating income | 103,557 | 130,448 | 220,837 | 273,215 |
Interest expense | 9,868 | 8,061 | 25,790 | 22,359 |
Interest income | (84) | (41) | (474) | (259) |
(Income) loss in subsidiaries | 0 | 0 | 0 | 0 |
Other expense (income), net | (66) | (815) | 528 | (1,580) |
Income before income taxes | 93,839 | 123,243 | 194,993 | 252,695 |
Provision for income taxes | 22,069 | 40,927 | 43,487 | 85,992 |
Net income | 71,770 | 82,316 | 151,506 | 166,703 |
Consolidation, Eliminations [Member] | ||||
Condensed Income Statements, Captions [Line Items] | ||||
Net sales | (272,276) | (251,353) | (678,357) | (596,827) |
Cost of goods sold | (258,262) | (236,323) | (650,965) | (582,782) |
Gross profit | (14,014) | (15,030) | (27,392) | (14,045) |
Selling, general, and administrative expenses | (7,815) | (8,767) | (24,250) | (25,986) |
Royalty income, net | (3,611) | (3,396) | (9,209) | (7,970) |
Operating income | (9,810) | (9,659) | (12,351) | 3,971 |
Interest expense | (1,327) | (1,327) | (3,981) | (3,981) |
Interest income | 1,327 | 1,327 | 3,981 | 3,981 |
(Income) loss in subsidiaries | 99,824 | 97,908 | 181,945 | 158,399 |
Other expense (income), net | 0 | 0 | 0 | 0 |
Income before income taxes | (109,634) | (107,567) | (194,296) | (154,428) |
Provision for income taxes | 0 | 0 | 0 | 0 |
Net income | (109,634) | (107,567) | (194,296) | (154,428) |
Parent [Member] | ||||
Condensed Income Statements, Captions [Line Items] | ||||
Net sales | 0 | 0 | 0 | 0 |
Cost of goods sold | 0 | 0 | 0 | 0 |
Gross profit | 0 | 0 | 0 | 0 |
Selling, general, and administrative expenses | 0 | 0 | 0 | 0 |
Royalty income, net | 0 | 0 | 0 | 0 |
Operating income | 0 | 0 | 0 | 0 |
Interest expense | 0 | 0 | 0 | 0 |
Interest income | 0 | 0 | 0 | 0 |
(Income) loss in subsidiaries | (71,770) | (82,316) | (151,506) | (166,703) |
Other expense (income), net | 0 | 0 | 0 | 0 |
Income before income taxes | 71,770 | 82,316 | 151,506 | 166,703 |
Provision for income taxes | 0 | 0 | 0 | 0 |
Net income | 71,770 | 82,316 | 151,506 | 166,703 |
Subsidiary Issuer [Member] | ||||
Condensed Income Statements, Captions [Line Items] | ||||
Net sales | 570,007 | 587,022 | 1,376,806 | 1,393,351 |
Cost of goods sold | 424,895 | 423,433 | 1,028,751 | 1,014,968 |
Gross profit | 145,112 | 163,589 | 348,055 | 378,383 |
Selling, general, and administrative expenses | 53,008 | 49,368 | 137,246 | 128,595 |
Royalty income, net | 8,515 | 8,245 | 24,043 | 25,580 |
Operating income | 100,619 | 122,466 | 234,852 | 275,368 |
Interest expense | 9,866 | 8,013 | 25,778 | 22,124 |
Interest income | (1,329) | (1,330) | (3,999) | (4,169) |
(Income) loss in subsidiaries | (6,446) | (4,555) | 14,593 | 23,699 |
Other expense (income), net | 0 | (120) | 19 | (745) |
Income before income taxes | 98,528 | 120,458 | 198,461 | 234,459 |
Provision for income taxes | 16,948 | 28,483 | 34,604 | 71,727 |
Net income | 81,580 | 91,975 | 163,857 | 162,732 |
Guarantor Subsidiaries [Member] | ||||
Condensed Income Statements, Captions [Line Items] | ||||
Net sales | 506,994 | 506,272 | 1,379,293 | 1,337,078 |
Cost of goods sold | 309,123 | 297,858 | 820,721 | 783,973 |
Gross profit | 197,871 | 208,414 | 558,572 | 553,105 |
Selling, general, and administrative expenses | 214,036 | 210,175 | 626,125 | 593,544 |
Royalty income, net | 5,320 | 5,501 | 13,739 | 14,508 |
Operating income | (10,845) | 3,740 | (53,814) | (25,931) |
Interest expense | 1,329 | 1,375 | 3,983 | 4,121 |
Interest income | (2) | 0 | (2) | 0 |
(Income) loss in subsidiaries | (21,608) | (11,037) | (45,032) | (15,395) |
Other expense (income), net | 235 | 123 | 360 | 771 |
Income before income taxes | 9,201 | 13,279 | (13,123) | (15,428) |
Provision for income taxes | 2,755 | 8,724 | 1,470 | 8,271 |
Net income | 6,446 | 4,555 | (14,593) | (23,699) |
Non-Guarantors Subsidiaries [Member] | ||||
Condensed Income Statements, Captions [Line Items] | ||||
Net sales | 119,182 | 106,105 | 298,148 | 239,022 |
Cost of goods sold | 60,701 | 59,500 | 147,498 | 133,948 |
Gross profit | 58,481 | 46,605 | 150,650 | 105,074 |
Selling, general, and administrative expenses | 34,888 | 32,704 | 98,500 | 85,267 |
Royalty income, net | 0 | 0 | 0 | 0 |
Operating income | 23,593 | 13,901 | 52,150 | 19,807 |
Interest expense | 0 | 0 | 10 | 95 |
Interest income | (80) | (38) | (454) | (71) |
(Income) loss in subsidiaries | 0 | 0 | 0 | 0 |
Other expense (income), net | (301) | (818) | 149 | (1,606) |
Income before income taxes | 23,974 | 14,757 | 52,445 | 21,389 |
Provision for income taxes | 2,366 | 3,720 | 7,413 | 5,994 |
Net income | $ 21,608 | $ 11,037 | $ 45,032 | $ 15,395 |