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Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Shareholder Note Receivable
Foreign Currency Translation Adjustment
Unrealized (Loss)/Income on Cash Flow Hedges
Unrealized Loss on Employee Benefit Plans
Retained (Deficit)/Earnings
Noncontrolling Interest
Beginning balance (in shares) at Jan. 01, 2023   168,137              
Beginning balance at Jan. 01, 2023 $ 1,298,875 $ 1,681 $ 1,426,105 $ (4,813) $ (23,028) $ 14,251 $ (374) $ (217,490) $ 102,543
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income 1,644             (301) 1,945
Other comprehensive income/(loss), before reclassifications 10,311       11,200 (781)     (108)
Reclassification from AOCI (2,186)         (2,186)      
Share-based compensation 5,545   5,545            
Dividends declared on common stock and equivalents (5,884)             (5,884)  
Distribution to noncontrolling interest (1,139)     0         (1,139)
Issuance of common stock upon settlement of RSUs, net of shares withheld (in shares)   39              
Issuance of common stock upon settlement of RSUs, net of shares withheld 0 $ 1 (1)            
Other (16)   0 (17)       1  
Ending balance (in shares) at Apr. 02, 2023   168,176              
Ending balance at Apr. 02, 2023 $ 1,307,150 $ 1,682 1,431,649 (4,830) (11,828) 11,284 (374) (223,674) 103,241
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared on common stock and equivalents (in dollars per share) $ 0.035                
Beginning balance (in shares) at Jan. 01, 2023   168,137              
Beginning balance at Jan. 01, 2023 $ 1,298,875 $ 1,681 1,426,105 (4,813) (23,028) 14,251 (374) (217,490) 102,543
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income 1,728                
Ending balance (in shares) at Jul. 02, 2023   168,184              
Ending balance at Jul. 02, 2023 1,306,275 $ 1,682 1,432,150 (3,809) (3,598) 11,756 (374) (229,340) 97,808
Beginning balance (in shares) at Apr. 02, 2023   168,176              
Beginning balance at Apr. 02, 2023 1,307,150 $ 1,682 1,431,649 (4,830) (11,828) 11,284 (374) (223,674) 103,241
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income 84             223 (139)
Other comprehensive income/(loss), before reclassifications 10,212       8,231 918     1,063
Reclassification from AOCI (446)         (446)      
Capital contribution from shareholders, net of loans issued 631   0 631          
Share-based compensation 4,824   4,824            
Dividends declared on common stock and equivalents (5,889)             (5,889)  
Distribution to noncontrolling interest (10,107)   (4,176) 426         (6,357)
Issuance of common stock upon settlement of RSUs, net of shares withheld (in shares)   8              
Issuance of common stock upon settlement of RSUs, net of shares withheld (147) $ 0 (147)            
Other (37)     (36) (1) 0      
Ending balance (in shares) at Jul. 02, 2023   168,184              
Ending balance at Jul. 02, 2023 $ 1,306,275 $ 1,682 1,432,150 (3,809) (3,598) 11,756 (374) (229,340) 97,808
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared on common stock and equivalents (in dollars per share) $ 0.035                
Beginning balance (in shares) at Dec. 31, 2023 168,628 168,628              
Beginning balance at Dec. 31, 2023 $ 1,263,783 $ 1,686 1,443,591 (3,850) 1,985 5,629 (368) (278,990) 94,100
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income (6,663)             (8,534) 1,871
Other comprehensive income/(loss), before reclassifications (5,702)       (5,770) 367     (299)
Reclassification from AOCI (3,051)         (3,051)      
Capital contribution from shareholders, net of loans issued 232   0 232          
Share-based compensation 6,986   6,986            
Dividends declared on common stock and equivalents [1] (5,905)             (5,905)  
Distribution to noncontrolling interest (977)               (977)
Issuance of common stock upon settlement of RSUs, net of shares withheld (in shares)   103              
Issuance of common stock upon settlement of RSUs, net of shares withheld (804) $ 1 (805)            
Other (12)   1 (11)       (1) (1)
Ending balance (in shares) at Mar. 31, 2024   168,731              
Ending balance at Mar. 31, 2024 $ 1,247,887 $ 1,687 1,449,773 (3,629) (3,785) 2,945 (368) (293,430) 94,694
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared on common stock and equivalents (in dollars per share) $ 0.035                
Beginning balance (in shares) at Dec. 31, 2023 168,628 168,628              
Beginning balance at Dec. 31, 2023 $ 1,263,783 $ 1,686 1,443,591 (3,850) 1,985 5,629 (368) (278,990) 94,100
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income $ (11,594)                
Ending balance (in shares) at Jun. 30, 2024 169,357 169,357              
Ending balance at Jun. 30, 2024 $ 1,229,257 $ 1,694 1,453,944 (2,865) (11,667) (559) (368) (304,840) 93,918
Beginning balance (in shares) at Mar. 31, 2024   168,731              
Beginning balance at Mar. 31, 2024 1,247,887 $ 1,687 1,449,773 (3,629) (3,785) 2,945 (368) (293,430) 94,694
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income (4,931)             (5,491) 560
Other comprehensive income/(loss), before reclassifications (8,432)       (7,882) (488)     (62)
Reclassification from AOCI (3,016)         (3,016)      
Capital contribution from shareholders, net of loans issued 687   0 687          
Share-based compensation 7,648   7,648            
Dividends declared on common stock and equivalents (5,919)             (5,919)  
Distribution to noncontrolling interest (1,169)   0 105         (1,274)
Issuance of common stock upon settlement of RSUs, net of shares withheld (in shares)   626              
Issuance of common stock upon settlement of RSUs, net of shares withheld (3,471) $ 6 (3,477)            
Other $ (27) $ 1   (28)          
Ending balance (in shares) at Jun. 30, 2024 169,357 169,357              
Ending balance at Jun. 30, 2024 $ 1,229,257 $ 1,694 $ 1,453,944 $ (2,865) $ (11,667) $ (559) $ (368) $ (304,840) $ 93,918
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared on common stock and equivalents (in dollars per share) $ 0.035                
[1] Includes a $0.035 cash dividend per common share declared in the second quarter of fiscal 2024 and expected to be paid in the third quarter of fiscal 2024.