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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jan. 02, 2021
Dec. 28, 2019
Dec. 29, 2018
Consolidated Statements of Operations      
Net sales $ 1,967,909 $ 1,660,414 $ 1,700,764
Cost of goods sold 1,486,169 1,277,290 1,351,264
Gross profit 481,740 383,124 349,500
Operating expenses:      
Selling, general and administrative expenses 186,191 160,745 167,389
Amortization expense 19,111 18,543 18,343
Gain on sale of assets     (176,386)
Operating income 276,438 203,836 340,154
Other income and expenses:      
Interest expense, net 101,634 98,126 108,334
Loss on extinguishment of debt   (1,177) (13,135)
Other income (2,558) (1,159) (3,592)
Income before income tax expense 177,362 105,692 222,277
Income tax expense 45,374 29,303 49,842
Net income $ 131,988 $ 76,389 $ 172,435
Weighted average shares outstanding:      
Basic 64,162,682 65,013,406 66,144,703
Diluted 64,556,511 65,038,779 66,254,554
Earnings per share:      
Basic $ 2.06 $ 1.17 $ 2.61
Diluted 2.04 1.17 2.60
Cash dividends declared per share $ 1.90 $ 1.90 $ 1.89