Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (unaudited)

v3.21.1
Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 03, 2021
Mar. 28, 2020
Income Statement [Abstract]    
Net sales $ 204,844 $ 129,483
Cost of sales 129,477 77,633
Gross profit 75,367 51,850
Selling, engineering and administrative expenses 30,561 25,664
Amortization of intangible assets 10,198 4,348
Goodwill impairment   31,871
Operating income (loss) 34,608 (10,033)
Interest expense, net 4,751 2,951
Foreign currency transaction loss, net 464 125
Other non-operating income, net (1) (94)
Income (loss) before income taxes 29,394 (13,015)
Income tax provision 6,807 4,208
Net income (loss) $ 22,587 $ (17,223)
Basic and diluted net income (loss) per common share $ 0.70 $ (0.54)
Basic and diluted weighted average shares outstanding 32,193 32,062
Dividends declared per share $ 0.09 $ 0.09