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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2016
Jul. 04, 2015
Jul. 02, 2016
Jul. 04, 2015
Condensed Consolidated Statements of Operations and Comprehensive Income (loss)        
Net sales $ 370,687 $ 391,878 $ 765,182 $ 818,387
Cost of goods sold 248,562 284,363 519,048 598,421
Distribution expenses 21,190 23,137 45,008 48,140
Restructuring expenses   564   858
Gross profit 100,935 83,814 201,126 170,968
Selling, general and administrative expenses 54,982 50,225 109,366 96,447
Restructuring expenses 108 522 120 1,155
Other expense, net 1,490 4,044 3,475 4,805
Operating income 44,355 29,023 88,165 68,561
Interest expense:        
Third party interest 19,977 22,911 42,443 46,163
Related party interest, net 708 775 1,462 1,530
Prepayment premium on term loans 1,217   1,217  
Loss on extinguishment of debt 2,161   2,161  
Other debt issuance costs 11,896   11,896  
Amortization of loan origination fees and original issue discount 2,024 2,524 4,611 5,027
Income before income tax provision 6,372 2,813 24,375 15,841
Income tax (benefit) provision (57,762) 555 (56,323) 3,054
Net income 64,134 2,258 80,698 12,787
Other comprehensive income, net of tax:        
Change in fair value of derivatives   786   990
Other comprehensive income   786   990
Comprehensive income $ 64,134 $ 3,044 $ 80,698 $ 13,777
Net income per common share        
Weighted average common shares outstanding-basic 65,836,860 65,269,159 65,931,070 65,207,105
Net income per common share-basic $ 0.97 $ 0.03 $ 1.22 $ 0.20
Weighted average common shares outstanding-diluted 66,837,810 66,617,909 66,920,820 66,527,039
Net income per common share-diluted $ 0.96 $ 0.03 $ 1.21 $ 0.19