v3.20.1
Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Income Statement [Abstract]    
Net sales $ 129,483 $ 146,851
Cost of sales 77,633 90,342
Gross profit 51,850 56,509
Selling, engineering and administrative expenses 25,664 26,156
Amortization of intangible assets 4,348 4,521
Goodwill impairment 31,871  
Operating (loss) income (10,033) 25,832
Interest expense, net 2,951 4,385
Foreign currency transaction loss (gain), net 125 (439)
Miscellaneous (income) expense, net (94) 108
Change in fair value of contingent consideration   719
(Loss) income before income taxes (13,015) 21,059
Income tax provision 4,208 4,655
Net (loss) income $ (17,223) $ 16,404
Basic and diluted net (loss) income per common share $ (0.54) $ 0.51
Basic and diluted weighted average shares outstanding 32,062 31,978
Dividends declared per share $ 0.09 $ 0.09

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