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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2021
Oct. 02, 2020
Oct. 01, 2021
Oct. 02, 2020
Income Statement [Abstract]        
Net sales $ 179,836 $ 213,959 $ 533,846 $ 599,171
Cost of sales 116,771 147,084 355,930 407,926
Gross profit 63,065 66,875 177,916 191,245
Selling, general and administrative expenses 39,335 36,764 116,182 128,488
Goodwill, Impairment Loss 0 50,307 0 50,307
Research and Development Expense 2,540 3,634 10,004 11,336
Amortization of Intangible Assets 2,624 4,826 7,898 11,269
Costs of Transaction Services Agreement 24 3,019 1,728 11,532
Cost of Acquired Retention Plans 0 5,703 0 17,110
Restructuring and severance costs 2,611 1,541 5,479 7,820
Gain (Loss) on Disposition of Business 0 0 234 (493)
Net (gain) loss on sale of assets (31) 8 (16) (5)
Operating income (loss) 15,962 (38,927) 36,407 (46,119)
Interest expense, net 3,646 5,327 12,232 14,382
Non-service pension and post retirement benefit income (6,612) (4,063) (19,832) (12,188)
Income from Transaction Services Agreement (14) (1,829) (931) (7,853)
Other (income) expense, net (172) (534) 275 (424)
Earnings (loss) from continuing operations before income taxes 19,114 (37,828) 44,663 (40,036)
Income tax expense (benefit) 4,447 679 10,156 (1,022)
Earnings from continuing operations 14,667 (38,507) 34,507 (39,014)
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax 0 0 0 0
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax 0 0 0 692
Earnings from discontinued operations, net of tax 0 0 0 692
Net earnings (loss) $ 14,667 $ (38,507) $ 34,507 $ (38,322)
Earnings per share:        
Basic earnings per share from continuing operations $ 0.53 $ (1.39) $ 1.24 $ (1.41)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share 0.00 0.00 0.00 0.03
Basic earnings per share (in usd per share) 0.53 (1.39) 1.24 (1.38)
Diluted earnings per share from continuing operations 0.53 (1.39) 1.24 (1.41)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0.00 0.00 0.00 0.03
Diluted earnings per share (in usd per share) $ 0.53 $ (1.39) $ 1.24 $ (1.38)
Average shares outstanding:        
Basic (in shares) 27,882 27,687 27,855 27,718
Diluted (in shares) 27,888 27,687 27,889 27,718