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Selected Unaudited Quarterly Financial Data
12 Months Ended
Jan. 01, 2023
Quarterly Financial Information Disclosure [Abstract]  
Selected Unaudited Quarterly Financial Data SELECTED UNAUDITED QUARTERLY FINANCIAL DATA
Consolidated Statements of Operations:1
Three Months Ended
January 1, 2023October 2, 2022July 3, 2022April 3, 2022
(In thousands, except per share data)As Previously ReportedRestatement AdjustmentsAs RestatedAs Previously ReportedRestatement AdjustmentsAs RestatedAs Previously ReportedRestatement AdjustmentsAs RestatedAs Previously ReportedRestatement AdjustmentsAs Restated
Total revenues$497,312 $656 $497,968 $475,711 $682 $476,393 $417,772 $(308)$417,464 $350,277 $(159)$350,118 
Gross profit$104,648 $9,116 $113,764 $105,447 $11,218 $116,665 $81,499 $9,228 $90,727 $72,309 $9,536 $81,845 
Net income (loss) from continuing operations$8,618 $(2,554)$6,064 $142,632 $(1,756)$140,876 $(41,711)$657 $(41,054)$(2,505)$(5,017)$(7,522)
Net (loss) income from discontinued operations$— $(1,634)$(1,634)$— $(2,037)$(2,037)$(20,616)$(837)$(21,453)$(25,955)$(10)$(25,965)
Net income (loss)$8,618 $(4,188)$4,430 $142,632 $(3,793)$138,839 $(62,327)$(180)$(62,507)$(28,460)$(5,027)$(33,487)
Net income (loss) from continuing operations attributable to stockholders$7,613 $(2,554)$5,059 $139,407 $(1,756)$137,651 $(42,496)$657 $(41,839)$(2,166)$(5,017)$(7,183)
Net (loss) income from discontinued operations attributable to stockholders$— $(1,634)$(1,634)$— $(2,037)$(2,037)$(20,616)$(837)$(21,453)$(25,705)$(10)$(25,715)
Net income (loss) attributable to stockholders$7,613 $(4,188)$3,425 $139,407 $(3,793)$135,614 $(63,112)$(180)$(63,292)$(27,871)$(5,027)$(32,898)
Net income (loss) per share attributable to stockholders - basic:2
Continuing operations$0.04 $(0.01)$0.03 $0.80 $(0.01)$0.79 $(0.24)$— $(0.24)$(0.01)$(0.03)$(0.04)
Discontinued operations— (0.01)(0.01)— (0.01)(0.01)(0.12)— (0.12)(0.15)— (0.15)
Net income (loss) per share - basic0.04 (0.02)0.02 0.80 (0.02)0.78 (0.36)— (0.36)(0.16)(0.03)(0.19)
Net income (loss) per share attributable to stockholders - diluted:2
Continuing operations$0.04 $(0.01)$0.03 $0.74 $(0.01)$0.73 $(0.24)$— $(0.24)$(0.01)$(0.03)$(0.04)
Discontinued operations— (0.01)(0.01)— (0.01)(0.01)(0.12)— (0.12)(0.15)— (0.15)
Net income (loss) per share - diluted0.04 (0.02)0.02 0.74 (0.02)0.72 (0.36)— (0.36)(0.16)(0.03)(0.19)
Three Months Ended
January 2, 2022October 3, 2021July 4, 2021April 4, 2021
(In thousands, except per share data)As Previously ReportedRestatement AdjustmentsAs RestatedAs Previously ReportedRestatement AdjustmentsAs RestatedAs Previously ReportedRestatement AdjustmentsAs RestatedAs Previously ReportedRestatement AdjustmentsAs Restated
Total revenues$347,830 $(115)$347,715 $283,312 $(852)$282,460 $260,751 $(858)$259,893 $240,136 $(1,846)$238,290 
Gross profit$60,245 $6,158 $66,403 $62,389 $5,537 $67,926 $60,711 $5,384 $66,095 $45,966 $5,662 $51,628 
Net income (loss) from continuing operations$39,037 $(1,917)$37,120 $(72,444)$(934)$(73,378)$87,105 $(1,289)$85,816 $(47,742)$(5,205)$(52,947)
Net (loss) income from discontinued operations$(18,043)$— $(18,043)$(11,863)$808 $(11,055)$(12,336)$(808)$(13,144)$(1,756)$— $(1,756)
Net income (loss)$20,994 $(1,917)$19,077 $(84,307)$(126)$(84,433)$74,769 $(2,097)$72,672 $(49,498)$(5,205)$(54,703)
Net income (loss) from continuing operations attributable to stockholders$38,861 $(1,917)$36,944 $(72,707)$(934)$(73,641)$87,094 $(1,289)$85,805 $(47,147)$(5,205)$(52,352)
Net (loss) income from discontinued operations attributable to stockholders$(18,665)$— $(18,665)$(11,669)$808 $(10,861)$(11,887)$(808)$(12,695)$(1,238)$— $(1,238)
Net income (loss) attributable to stockholders$20,196 $(1,917)$18,279 $(84,376)$(126)$(84,502)$75,207 $(2,097)$73,110 $(48,385)$(5,205)$(53,590)
Net income (loss) per share attributable to stockholders - basic:2
Continuing operations$0.22 $(0.01)$0.21 $(0.42)$(0.01)$(0.43)$0.50 $— $0.50 $(0.28)$(0.03)$(0.31)
Discontinued operations(0.11)— (0.11)(0.07)0.01 (0.06)(0.07)— (0.07)(0.01)— (0.01)
Net income (loss) per share - basic0.11 (0.01)0.10 (0.49)— (0.49)0.43 — 0.43 (0.29)(0.03)(0.32)
Net income (loss) per share attributable to stockholders - diluted:2
Continuing operations$0.22 $(0.01)$0.21 $(0.42)$(0.01)$(0.43)$0.46 $0.04 $0.50 $(0.28)$(0.03)$(0.31)
Discontinued operations(0.11)— (0.11)(0.07)0.01 (0.06)(0.07)— (0.07)(0.01)— (0.01)
Net income (loss) per share - diluted0.11 (0.01)0.10 (0.49)— (0.49)0.39 0.04 0.43 (0.29)(0.03)(0.32)

1 During fiscal 2022, we completed the sale of our C&I Solutions business which resulted in material retrospective changes to our consolidated statements of operations. Refer to Note 3. Discontinued Operations for further details.

2 Quarterly basic and diluted earnings per share amounts may not add up to the full fiscal year total presented due to rounding. Basic and diluted earnings per share are calculated by dividing net earnings by basic and diluted shares outstanding, respectively.