Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Dec. 28, 2019
Income Statement [Abstract]      
Net sales $ 582,440 $ 443,884 $ 280,657
Cost of sales (1) [1] 385,157 288,518 196,434
Gross profit 197,283 155,366 84,223
Operating expenses      
Operating expense 206,394 155,071 92,473
(Loss) income from operations (9,111) 295 (8,250)
Other income (expense):      
Other, net 238 213 36
Interest expense (1,115) (1,714) (1,897)
Total other expense, net (877) (1,501) (1,861)
Loss before income taxes (9,988) (1,206) (10,111)
Income tax provision 351 307 21,437
Net loss (10,339) (1,513) (31,548)
Other comprehensive gain (loss):      
Foreign currency translation adjustments 93 (86) (52)
Actuarial gain (loss) on defined benefit plan 307 (400) (313)
Unrealized gain on deferred compensation trust assets 89 57  
Total other comprehensive gain (loss) 489 (429) (365)
Comprehensive loss $ (9,850) $ (1,942) $ (31,913)
Net loss per share:      
Basic net loss per share $ (0.20) $ (0.04) $ (0.89)
Diluted net loss per share $ (0.20) $ (0.04) $ (0.89)
Weighted-average common shares outstanding:      
Shares used in computation of basic net (loss) income per share 51,381 42,333 35,720
Shares used in computation of diluted net (loss) income per share 51,381 42,333 35,720
[1] Excludes depreciation and amortization expense which is included in operating expense as described in “Note 1 – Summary of Significant Accounting Policies and Nature of Operations”.