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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 02, 2020
Sep. 27, 2019
Oct. 02, 2020
Sep. 27, 2019
Income Statement [Abstract]        
Net sales $ 213,959 $ 182,670 $ 599,171 $ 523,816
Cost of sales 147,084 121,537 407,926 355,573
Gross profit 66,875 61,133 191,245 168,243
Selling, general and administrative expenses 45,224 43,855 151,093 127,614
Goodwill, Impairment Loss 50,307 0 50,307 0
Costs of Transaction Services Agreement 3,019 1,154 11,532 1,154
Cost of Acquired Retention Plans 5,703 0 17,110 0
Restructuring costs 1,541 81 7,820 553
Gain (Loss) on Disposition of Business 0 0 (493) 0
Net loss (gain) on sale of assets 8 416 (5) 351
Operating (loss) income (38,927) 15,627 (46,119) 38,571
Interest expense, net 5,327 4,058 14,382 14,595
Non-service pension and post retirement benefit income (4,063) (99) (12,188) (298)
Income from Transaction Services Agreement (1,829) (944) (7,853) (944)
Other (income) expense, net (534) 185 (424) (367)
(Loss) earnings from continuing operations before income taxes (37,828) 12,427 (40,036) 25,585
Income tax expense (benefit) 679 2,297 (1,022) 3,244
Earnings from continuing operations (38,507) 10,130 (39,014) 22,341
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax 0 9,860 0 25,240
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax 0 122,786 692 122,786
Earnings from discontinued operations, net of tax 0 132,646 692 148,026
Net (loss) earnings $ (38,507) $ 142,776 $ (38,322) $ 170,367
Earnings per share:        
Basic earnings per share from continuing operations $ (1.39) $ 0.36 $ (1.41) $ 0.80
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0.00 4.75 0.03 5.30
Basic earnings per share (in usd per share) (1.39) 5.11 (1.38) 6.10
Diluted earnings per share from continuing operations (1.39) 0.36 (1.41) 0.79
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0.00 4.72 0.03 5.27
Diluted earnings per share (in usd per share) $ (1.39) $ 5.08 $ (1.38) $ 6.06
Average shares outstanding:        
Basic (in shares) 27,687 27,952 27,718 27,941
Diluted (in shares) 27,687 28,117 27,718 28,104