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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Dec. 28, 2019
Revenue:      
Total net revenue $ 2,079,525 $ 1,711,760 $ 1,724,331
Costs applicable to revenue (exclusive of depreciation and amortization):      
Total costs applicable to revenue 904,779 786,624 806,519
Operating expenses:      
Selling, general and administrative expenses 900,798 724,985 744,488
Depreciation and amortization 97,089 91,585 87,244
Asset impairment 4,427 22,004 8,894
Other expense (income), net (2,505) (445) 3,611
Total operating expenses 999,809 838,129 844,237
Income from operations 174,937 87,007 73,575
Interest expense, net 25,612 48,327 33,300
Loss on extinguishment of debt 0 0 9,786
Earnings before income taxes 149,325 38,680 30,489
Income tax provision (benefit) 21,081 2,403 (2,309)
Net income $ 128,244 $ 36,277 $ 32,798
Earnings per share:      
Basic (in usd per share) $ 1.57 $ 0.45 $ 0.42
Diluted (in usd per share) $ 1.43 $ 0.44 $ 0.40
Weighted average shares outstanding:      
Basic (shares) 81,820 80,565 78,608
Diluted (shares) 96,134 82,793 81,683
Comprehensive income:      
Net income $ 128,244 $ 36,277 $ 32,798
Unrealized gain (loss) on hedge instruments 6,158 (780) (1,350)
Tax provision (benefit) of unrealized gain (loss) on hedge instruments 3,698 (194) (346)
Comprehensive income 130,704 35,691 31,794
Products      
Revenue:      
Total net revenue 1,718,344 1,418,283 1,426,136
Costs applicable to revenue (exclusive of depreciation and amortization):      
Total costs applicable to revenue 633,116 551,783 574,351
Services and plans      
Revenue:      
Total net revenue 361,181 293,477 298,195
Costs applicable to revenue (exclusive of depreciation and amortization):      
Total costs applicable to revenue $ 271,663 $ 234,841 $ 232,168