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
Dec. 31, 2022
Jan. 01, 2022
Jan. 02, 2021
Income Statement [Abstract]      
Net sales $ 661,604 $ 582,440 $ 443,884
Cost of sales (1) [1] 430,714 385,157 288,518
Gross profit 230,890 197,283 155,366
Operating expenses      
Operating expense 230,239 206,394 155,071
Income (loss) from operations 651 (9,111) 295
Other income (expense):      
Other, net 467 238 213
Interest expense (1,437) (1,115) (1,714)
Total other expense, net (970) (877) (1,501)
Loss before income taxes (319) (9,988) (1,206)
Income tax provision 632 351 307
Net loss (951) (10,339) (1,513)
Other comprehensive gain (loss):      
Foreign currency translation adjustments 127 93 (86)
Actuarial gain (loss) on defined benefit plan 872 307 (400)
Unrealized (loss) gain on deferred compensation trust assets (147) 89 57
Total other comprehensive gain (loss) 852 489 (429)
Comprehensive loss $ (99) $ (9,850) $ (1,942)
Net loss per share:      
Basic net loss per share $ (0.02) $ (0.20) $ (0.04)
Diluted net loss per share $ (0.02) $ (0.20) $ (0.04)
Weighted-average common shares outstanding:      
Shares used in computation of basic net loss per share 54,137 51,381 42,333
Shares used in computation of diluted net loss per share 54,137 51,381 42,333
[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”.