Quarterly Information |
| | | | | | | | | | | | | Quarters Ended | | January 1, 2022 | | January 2, 2021 | Net sales | $ | 1,752,349 | | | $ | 1,689,145 | | Cost of sales | 1,084,621 | | | 1,589,946 | | Gross profit | 667,728 | | | 99,199 | | Selling, general and administrative expenses | 512,162 | | | 495,706 | | Operating profit (loss) | 155,566 | | | (396,507) | | Other expenses | 47,359 | | | 5,003 | | Interest expense, net | 35,307 | | | 43,636 | | Income (loss) from continuing operations before income tax expense | 72,900 | | | (445,146) | | Income tax expense (benefit) | 4,946 | | | (152,948) | | Income (loss) from continuing operations | 67,954 | | | (292,198) | | Loss from discontinued operations, net of tax | (7,921) | | | (39,966) | | Net income (loss) | $ | 60,033 | | | $ | (332,164) | | | | | | Earnings (loss) per share - basic: | | | | Continuing operations | $ | 0.19 | | | $ | (0.83) | | Discontinued operations | (0.02) | | | (0.11) | | Net income (loss) | $ | 0.17 | | | $ | (0.95) | | | | | | Earnings (loss) per share - diluted: | | | | Continuing operations | $ | 0.19 | | | $ | (0.83) | | Discontinued operations | (0.02) | | | (0.11) | | Net income (loss) | $ | 0.17 | | | $ | (0.95) | |
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