BlueLinx (BXC) 10-Q 12 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Oct. 03, 2015	Nov. 12, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	BlueLinx Holdings Inc.
Entity Central Index Key	1,301,787
Trading Symbol	bxc
Current Fiscal Year Date	--01-02
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		89,439,556
Document Type	10-Q
Document Period End Date	Oct. 3, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Oct. 04, 2014	Oct. 03, 2015	Oct. 04, 2014
Income Statement [Abstract]
Net sales	$ 517,831	$ 549,845	$ 1,488,435	$ 1,525,283
Cost of sales	457,007	485,265	1,317,433	1,345,994
Gross profit	60,824	64,580	171,002	179,289
Operating expenses:
Selling, general, and administrative	49,907	56,136	150,617	163,257
Gains from sales of property	0	0	0	(5,251)
Depreciation and amortization	2,439	2,403	7,155	7,176
Total operating expenses	52,346	58,539	157,772	165,182
Net operating income	8,478	6,041	13,230	14,107
Non-operating expenses:
Interest expense	7,115	6,777	20,358	20,090
Other expense, net	263	193	650	313
Income (loss) before provision for (benefit from) income taxes	1,100	(929)	(7,778)	(6,296)
Provision for (benefit from) income taxes	539	(69)	(2,264)	(65)
Net income (loss)	$ 561	$ (860)	$ (5,514)	$ (6,231)
Weighted average common shares:
Basic (in shares)	87,690	86,399	87,418	85,820
Diluted (in shares)	88,073	86,399	87,418	85,820
Basic and diluted net income (loss) per share applicable to common stock (in dollars per share)	$ 0.01	$ (0.01)	$ (0.06)	$ (0.07)
Comprehensive income (loss):
Net income (loss)	$ 561	$ (860)	$ (5,514)	$ (6,231)
Other comprehensive income (loss):
Foreign currency translation, net of tax	(214)	(284)	(530)	(248)
Amortization of unrecognized pension loss, net of tax	84	117	342	349
Pension curtailment, net of tax	(1,852)	0	4,414	0
Total other comprehensive income	(1,982)	(167)	4,226	101
Comprehensive income (loss)	$ (1,421)	$ (1,027)	$ (1,288)	$ (6,130)

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 03, 2015	Jan. 03, 2015
Current assets:
Cash	$ 6,904	$ 4,522
Receivables, net of allowances of $3.0 million and $3.1 million, respectively	187,344	144,537
Inventories, net	255,035	242,546
Other current assets	33,348	23,289
Total current assets	482,631	414,894
Property, plant, and equipment:
Land and land improvements	41,221	41,095
Buildings	90,775	90,161
Machinery and equipment	81,150	77,279
Construction in progress	296	1,188
Property, plant, and equipment, at cost	213,442	209,723
Accumulated depreciation	(108,259)	(104,456)
Property, plant, and equipment, net	105,183	105,267
Non-current deferred income tax assets, net	501	501
Other non-current assets	10,514	18,320
Total assets	598,829	538,982
Current liabilities:
Accounts payable	101,540	67,291
Bank overdrafts	18,121	27,280
Accrued compensation	4,466	5,643
Current maturities of long-term debt	203,022	2,679
Deferred income taxes, net	518	518
Other current liabilities	14,956	13,831
Total current liabilities	342,623	117,242
Non-current liabilities:
Long-term debt	247,855	403,274
Pension benefit obligation	29,839	41,734
Other non-current liabilities	14,308	12,758
Total liabilities	634,625	575,008
Stockholders’ deficit:
Common Stock, $0.01 par value, Authorized - 200,000,000 shares; Issued - 89,450,056 and 88,748,638 shares, respectively	895	888
Additional paid-in capital	254,562	253,051
Accumulated other comprehensive loss	(30,199)	(34,425)
Accumulated stockholders’ deficit	(261,054)	(255,540)
Total stockholders’ deficit	(35,796)	(36,026)
Total liabilities and stockholders’ deficit	$ 598,829	$ 538,982

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Millions	Oct. 03, 2015	Jan. 03, 2015
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable, current	$ 3	$ 3.1
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	89,450,056	88,748,638

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Oct. 03, 2015	Oct. 04, 2014
Cash flows from operating activities:
Net income (loss)	$ (5,514)	$ (6,231)
Adjustments to reconcile net loss to net cash used in operations:
Depreciation and amortization	7,155	7,176
Amortization of debt discount and issuance costs	2,249	2,483
Gains from sales of property	0	(5,251)
Intraperiod income tax allocation related to pension plan	(3,041)	(224)
Pension expense	602	675
Share-based compensation expense	1,533	3,316
Other	(53)	2,727
Changes in operating assets and liabilities:
Receivables, net	(42,807)	(55,548)
Inventories, net	(12,489)	(41,340)
Accounts payable	34,249	45,042
Restructuring liability	(603)	(2,323)
Restricted cash related to insurance and other	(320)	(667)
Prepaid assets	506	(3,183)
Quarterly pension contributions	(4,229)	(3,080)
Accrued compensation and other assets and liabilities	(5,491)	3,000
Net cash used in operating activities	(28,253)	(53,428)
Cash flows from investing activities:
Property, plant, and equipment investments	(1,482)	(1,816)
Proceeds from sale of assets	621	7,240
Net cash provided by (used in) investing activities	(861)	5,424
Cash flows from financing activities:
Repayments on revolving credit facilities	(293,169)	(337,547)
Borrowings from revolving credit facilities	346,028	403,819
Principal payments on mortgage	(8,903)	(8,827)
Payments on capital lease obligations	(2,926)	(1,732)
Increase (decrease) in bank overdrafts	(9,159)	195
Decrease (increase) in restricted cash related to the mortgage	117	(4,044)
Other	(492)	(1,055)
Net cash provided by financing activities	31,496	50,809
Increase in cash	2,382	2,805
Cash balance, beginning of period	4,522	5,034
Cash balance, end of period	$ 6,904	$ 7,839

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Oct. 03, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements include the accounts of BlueLinx Holdings Inc. and its wholly owned subsidiaries (the “Company”). All intercompany accounts have been eliminated in consolidation. These financial statements have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and footnotes required by accounting principles generally accepted in the United States (“GAAP”) for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These statements should be read in conjunction with the Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K together with Amendment No. 1 to the Annual Report on Form 10-K/A (the “Annual Report on Form 10-K”) for the year ended January 3, 2015 , as filed with the Securities and Exchange Commission. Reclassifications Certain amounts in the prior years’ consolidated financial statements and notes have been revised to conform to the current year presentation. During fiscal 2015 , we have separately detailed the “Pension benefit obligation”, which historically had been presented as “Other non-current liabilities” in the Condensed Consolidated Balance Sheets. To conform the historical presentation to the current presentation, we have separately detailed the “Pension benefit obligation” in prior periods from “Other non-current liabilities” in the Condensed Consolidated Balance Sheets. Additionally, during fiscal 2015 , we reclassified certain amounts, which historically had been presented as “Debt financing costs”, to “Borrowings from revolving credit facilities” in cash flows from financing activities. To conform the historical presentation to the current presentation, we reclassified similar items in prior periods from “Debt financing costs” to “Borrowings from revolving credit facilities” in cash flows from financing activities. We also reclassified certain amounts, which historically had been presented as “Other”, to “Quarterly pension contributions” in cash flows from operating activities. To conform the historical presentation to the current presentation, we reclassified similar items in prior periods from “Other” to “Quarterly pension contributions” in cash flows from operating activities. Also, during fiscal 2015 , we reclassified certain prior period amounts, which historically had been presented as “Selling, general, and administrative”, to “Gains from sales of property” in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).

Restructuring Charges

Restructuring Charges	9 Months Ended
	Oct. 03, 2015
Restructuring and Related Activities [Abstract]
Restructuring Charges	Restructuring Charges The beginning balance of the restructuring reserve included in “Other current liabilities” in the accompanying Condensed Consolidated Balance Sheet totaled approximately $0.9 million as of January 3, 2015 . The only remaining activity in the reserve relates to the vacant Stockton, California property, which was subleased in the third quarter of 2015 , and on which our lease expires on January 1, 2016 . The remaining balance of the reserve and reserve activity for the third quarter and nine months ended October 3, 2015 is not considered material.

Employee Benefits

Employee Benefits	9 Months Ended
	Oct. 03, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Benefits	Employee Benefits The following table shows the components of net periodic pension cost (in thousands): Three Months Ended Three Months Ended Service cost $ 251 $ 264 Interest cost on projected benefit obligation 1,300 1,280 Expected return on plan assets (1,563 ) (1,510 ) Amortization of unrecognized loss 138 191 Net periodic pension cost $ 126 $ 225 Nine Months Ended Nine Months Ended Service cost $ 851 $ 792 Interest cost on projected benefit obligation 3,800 3,840 Expected return on plan assets (4,609 ) (4,530 ) Amortization of unrecognized loss 560 573 Net periodic pension cost $ 602 $ 675 Subsequent to the Annual Annual Report on Form 10-K for the year ended January 3, 2015 , our actuarial estimates regarding quarterly pension contributions were revised. Therefore, during the nine months ended October 3, 2015 , we made quarterly contributions of approximately $4.2 million to our defined benefit pension plan, and we contributed an additional $0.4 million to our defined benefit pension plan on October 15, 2015, for the final quarterly pension contribution during the 2015 fiscal year.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Oct. 03, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Carrying amounts for our financial instruments are not significantly different from their fair values, with the exception of our mortgage. To determine the fair value of our mortgage, we use a discounted cash flow model. We believe the mortgage fair value valuation to be Level 2 in the fair value hierarchy, as the valuation model has inputs that are observable for substantially the full term of the liability. As of October 3, 2015 , the discounted carrying amount and fair value of our mortgage was $168.8 million and $170.6 million , respectively. The difference between the book value and the fair value is derived from the difference between the period-end market interest rate and the stated rate of our fixed-rate mortgage. The fair value of our debt is not indicative of the amounts at which we could settle our debt.

Earnings per Share

Earnings per Share	9 Months Ended
	Oct. 03, 2015
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share We calculate basic earnings per share by dividing net income by the weighted average number of common shares outstanding, excluding unvested restricted shares. We calculate diluted earnings per share using the treasury stock method, by dividing net income by the weighted average number of common shares outstanding plus the dilutive effect of outstanding share-based awards, including stock options and restricted stock awards. Antidilutive common stock equivalents excluded from the diluted earnings per share calculation are not material. Basic and diluted earnings per share are equivalent for the nine months ended October 3, 2015 , and the three and nine months ended October 4, 2014 , due to net losses for those periods. The reconciliation of basic and diluted income per common share for the three months ended October 3, 2015 was as follows (in thousands, except per share data): Three Months Ended Net income $ 561 Basic weighted shares outstanding 87,690 Dilutive effect of share-based awards 383 Diluted weighted average shares outstanding 88,073 Basic earnings per share $ 0.01 Diluted earnings per share $ 0.01

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Oct. 03, 2015
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The following tables show the components of accumulated other comprehensive loss, a component of stockholder’s deficit (in thousands): Foreign currency translation, net of tax Defined benefit pension plan, net of tax Other, net of tax Total Accumulated Other Comprehensive Loss January 3, 2015, beginning balance $ 1,155 $ (35,792 ) $ 212 $ (34,425 ) Other comprehensive income (loss), net of tax (530 ) — — (530 ) Amounts reclassified from accumulated other comprehensive income (loss), net of tax (1) — 4,756 — 4,756 October 3, 2015, ending balance, net of tax $ 625 $ (31,036 ) $ 212 $ (30,199 ) Foreign currency translation, net of tax Defined benefit pension plan, net of tax Other, net of tax Total Accumulated Other Comprehensive Loss January 4, 2014, beginning balance $ 1,636 $ (18,141 ) $ 212 $ (16,293 ) Other comprehensive income (loss), net of tax (248 ) — — (248 ) Amounts reclassified from accumulated other comprehensive income (loss), net of tax (2) — 349 — 349 October 4, 2014, ending balance, net of tax $ 1,388 $ (17,792 ) $ 212 $ (16,192 ) (1) For the nine months ended October 3, 2015 , there was $0.3 million (net of tax expense of $0.2 million ) of actuarial loss recognized in the statements of operations as a component of net periodic pension cost as a result of normal amortization of the actuarial loss recorded in accumulated other comprehensive loss. The prior quarter pension curtailment activity resulted in a year-to-date $4.4 million (net of tax expense of $2.8 million ) reclassification from accumulated other comprehensive loss. We allocated income tax expense to accumulated other comprehensive loss to the extent the income was recorded in accumulated other comprehensive loss and we have a loss in continuing operations. (2) For the nine months ended October 4, 2014 , there was $0.3 million (net of tax expense of $0.2 million ) of actuarial loss recognized in the statements of operations as a component of net periodic pension cost. We allocated income tax expense to accumulated other comprehensive loss to the extent the income was recorded in accumulated other comprehensive income loss and we have a loss in continuing operations.

Income Tax Expense (Benefit)

Income Tax Expense (Benefit)	9 Months Ended
	Oct. 03, 2015
Income Tax Disclosure [Abstract]
Income Tax Expense (Benefit)	Income Tax Expense (Benefit) The effective tax rate is calculated by dividing our income tax expense (benefit) by income (loss) before provision for (benefit from) income taxes. Our effective income tax rates for the fiscal third quarters ended October 3, 2015 and October 4, 2014 were 49.0% and 7.4% , respectively. The effective income tax rates for the nine months ended October 3, 2015 and October 4, 2014 were 29.1% and 1.0% , respectively. The effective tax rate for the third quarter of fiscal 2015 was due to income tax expense recorded in continuing operations arising from the application of certain provisions of ASC 740 regarding the effect of intra-period tax allocations resulting from other comprehensive income generated by the curtailment of our pension plan. The effective tax rate for the first nine months of fiscal 2015 was due to the actuarial gain associated with the aforementioned curtailment of our pension plan, and a full valuation allowance recorded against our tax benefit. The tax benefit to continuing operations for the first nine months of fiscal 2015 was partially offset by tax expense related to gross receipts, Canadian, and certain state taxes recorded on a separate company basis. The effective tax rates for the third quarter and first nine months of fiscal 2014 were largely due to a full valuation allowance recorded against our tax benefit related to our fiscal 2014 loss. Also, during the third quarter and first nine months of fiscal 2014 , we allocated income tax expense to other comprehensive income (loss) to the extent income was recorded in accumulated other comprehensive loss, resulting in a benefit to continuing operations.

Liquidity

Liquidity	9 Months Ended
	Oct. 03, 2015
Debt Disclosure [Abstract]
Liquidity	Liquidity A portion of our debt is classified as “Current maturities of long-term debt” on our Condensed Consolidated Balance Sheet as of October 3, 2015 , since it is due within the next twelve months. These amounts consist of the May 1, 2016, $35.0 million payment due under the U.S. revolving credit facility, which is inclusive of the $20.0 million Tranche A Loan, which is otherwise due on June 30, 2016; the balance of our mortgage of approximately $168.8 million as of October 3, 2015 , of which $166.7 million is due in full on July 1, 2016. Under the terms of our mortgage, as amended, we remit certain funds to the mortgage servicer to be held as cash collateral. This cash collateral may be used to prepay the mortgage. As of October 3, 2015 , there was approximately $5.9 million in cash collateral, recorded in “Other current assets” on the Condensed Consolidated Balance Sheet. We are currently exploring various refinancing and other means to address these upcoming maturities.

Subsequent Event

Subsequent Event	9 Months Ended
	Oct. 03, 2015
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On November 6, 2015, approval was granted by the Canadian Imperial Bank of Commerce to extend our Canadian revolving credit facility. As of October 3, 2015, the balance of the Canadian revolving credit facility was $4.5 million , and it is presented in “Long-term debt” on our Condensed Consolidated Balance Sheets. The Canadian revolving credit facility is now due upon the earlier of August 12, 2018 or the maturity of the U.S. revolving credit facility.

Summary of Significant Accoun15

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Oct. 03, 2015
Accounting Policies [Abstract]
Reclassifications	Reclassifications Certain amounts in the prior years’ consolidated financial statements and notes have been revised to conform to the current year presentation. During fiscal 2015 , we have separately detailed the “Pension benefit obligation”, which historically had been presented as “Other non-current liabilities” in the Condensed Consolidated Balance Sheets. To conform the historical presentation to the current presentation, we have separately detailed the “Pension benefit obligation” in prior periods from “Other non-current liabilities” in the Condensed Consolidated Balance Sheets. Additionally, during fiscal 2015 , we reclassified certain amounts, which historically had been presented as “Debt financing costs”, to “Borrowings from revolving credit facilities” in cash flows from financing activities. To conform the historical presentation to the current presentation, we reclassified similar items in prior periods from “Debt financing costs” to “Borrowings from revolving credit facilities” in cash flows from financing activities. We also reclassified certain amounts, which historically had been presented as “Other”, to “Quarterly pension contributions” in cash flows from operating activities. To conform the historical presentation to the current presentation, we reclassified similar items in prior periods from “Other” to “Quarterly pension contributions” in cash flows from operating activities. Also, during fiscal 2015 , we reclassified certain prior period amounts, which historically had been presented as “Selling, general, and administrative”, to “Gains from sales of property” in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).

Employee Benefits (Tables)

Employee Benefits (Tables)	9 Months Ended
	Oct. 03, 2015
Compensation and Retirement Disclosure [Abstract]
Schedule of the components of net periodic pension cost	The following table shows the components of net periodic pension cost (in thousands): Three Months Ended Three Months Ended Service cost $ 251 $ 264 Interest cost on projected benefit obligation 1,300 1,280 Expected return on plan assets (1,563 ) (1,510 ) Amortization of unrecognized loss 138 191 Net periodic pension cost $ 126 $ 225 Nine Months Ended Nine Months Ended Service cost $ 851 $ 792 Interest cost on projected benefit obligation 3,800 3,840 Expected return on plan assets (4,609 ) (4,530 ) Amortization of unrecognized loss 560 573 Net periodic pension cost $ 602 $ 675

Earnings per Share (Tables)

Earnings per Share (Tables)	9 Months Ended
	Oct. 03, 2015
Earnings Per Share [Abstract]
Schedule of basic and diluted income per common share	The reconciliation of basic and diluted income per common share for the three months ended October 3, 2015 was as follows (in thousands, except per share data): Three Months Ended Net income $ 561 Basic weighted shares outstanding 87,690 Dilutive effect of share-based awards 383 Diluted weighted average shares outstanding 88,073 Basic earnings per share $ 0.01 Diluted earnings per share $ 0.01

Accumulated Other Comprehensi18

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Oct. 03, 2015
Equity [Abstract]
Schedule of components of accumulated other comprehensive income (loss)	The following tables show the components of accumulated other comprehensive loss, a component of stockholder’s deficit (in thousands): Foreign currency translation, net of tax Defined benefit pension plan, net of tax Other, net of tax Total Accumulated Other Comprehensive Loss January 3, 2015, beginning balance $ 1,155 $ (35,792 ) $ 212 $ (34,425 ) Other comprehensive income (loss), net of tax (530 ) — — (530 ) Amounts reclassified from accumulated other comprehensive income (loss), net of tax (1) — 4,756 — 4,756 October 3, 2015, ending balance, net of tax $ 625 $ (31,036 ) $ 212 $ (30,199 ) Foreign currency translation, net of tax Defined benefit pension plan, net of tax Other, net of tax Total Accumulated Other Comprehensive Loss January 4, 2014, beginning balance $ 1,636 $ (18,141 ) $ 212 $ (16,293 ) Other comprehensive income (loss), net of tax (248 ) — — (248 ) Amounts reclassified from accumulated other comprehensive income (loss), net of tax (2) — 349 — 349 October 4, 2014, ending balance, net of tax $ 1,388 $ (17,792 ) $ 212 $ (16,192 ) (1) For the nine months ended October 3, 2015 , there was $0.3 million (net of tax expense of $0.2 million ) of actuarial loss recognized in the statements of operations as a component of net periodic pension cost as a result of normal amortization of the actuarial loss recorded in accumulated other comprehensive loss. The prior quarter pension curtailment activity resulted in a year-to-date $4.4 million (net of tax expense of $2.8 million ) reclassification from accumulated other comprehensive loss. We allocated income tax expense to accumulated other comprehensive loss to the extent the income was recorded in accumulated other comprehensive loss and we have a loss in continuing operations. (2) For the nine months ended October 4, 2014 , there was $0.3 million (net of tax expense of $0.2 million ) of actuarial loss recognized in the statements of operations as a component of net periodic pension cost. We allocated income tax expense to accumulated other comprehensive loss to the extent the income was recorded in accumulated other comprehensive income loss and we have a loss in continuing operations.

Restructuring Charges (Details)

Restructuring Charges (Details) $ in Millions	Jan. 03, 2015USD ($)
Other current liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	$ 0.9

Employee Benefits (Details)

Employee Benefits (Details) - USD ($) $ in Thousands	Oct. 15, 2015	Oct. 03, 2015	Oct. 04, 2014	Oct. 03, 2015	Oct. 04, 2014
Defined Benefit Plan Disclosure [Line Items]
Service cost		$ 251	$ 264	$ 851	$ 792
Interest cost on projected benefit obligation		1,300	1,280	3,800	3,840
Expected return on plan assets		(1,563)	(1,510)	(4,609)	(4,530)
Amortization of unrecognized loss		138	191	560	573
Net periodic pension cost		$ 126	$ 225	602	$ 675
Contributions to pension plan				$ 4,200
Subsequent Event
Defined Benefit Plan Disclosure [Line Items]
Contributions to pension plan	$ 400

Fair Value Measurements (Detail

Fair Value Measurements (Details) $ in Millions	Oct. 03, 2015USD ($)
Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, fair value disclosure	$ 168.8
Fair Value, Inputs, Level 2 | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instrument, fair value disclosure	$ 170.6

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Oct. 04, 2014	Oct. 03, 2015	Oct. 04, 2014
Earnings Per Share [Abstract]
Net income	$ 561	$ (860)	$ (5,514)	$ (6,231)
Basic weighted shares outstanding (in shares)	87,690	86,399	87,418	85,820
Dilutive effect of share-based awards (in shares)	383
Diluted weighted average shares outstanding (in shares)	88,073	86,399	87,418	85,820
Basic earnings per share (in dollars per share)	$ 0.01
Diluted earnings per share (in dollars per share)	$ 0.01

Accumulated Other Comprehensi23

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Oct. 04, 2014	Oct. 03, 2015	Oct. 04, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance			$ (34,425)	$ (16,293)
Other comprehensive income (loss), net of tax			(530)	(248)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax			4,756	349
Ending balance, net of tax	$ (30,199)	$ (16,192)	(30,199)	(16,192)
Reclassification adjustment from AOCI, actuarial loss, net of tax	84	117	342	349
Reclassification adjustment from AOCI, actuarial loss, tax			(200)	(200)
Reclassification adjustment from AOCI, curtailment, net of tax			4,400
Reclassification adjustment from AOCI, curtailment, tax			2,800
Foreign currency translation, net of tax
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance			1,155	1,636
Other comprehensive income (loss), net of tax			(530)	(248)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax			0	0
Ending balance, net of tax	625	1,388	625	1,388
Defined benefit pension plan, net of tax
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance			(35,792)	(18,141)
Other comprehensive income (loss), net of tax			0	0
Amounts reclassified from accumulated other comprehensive income (loss), net of tax			4,756	349
Ending balance, net of tax	(31,036)	(17,792)	(31,036)	(17,792)
Other, net of tax
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance			212	212
Other comprehensive income (loss), net of tax			0	0
Amounts reclassified from accumulated other comprehensive income (loss), net of tax			0	0
Ending balance, net of tax	$ 212	$ 212	$ 212	$ 212

Income Tax Expense (Benefit) (D

Income Tax Expense (Benefit) (Details)	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Oct. 04, 2014	Oct. 03, 2015	Oct. 04, 2014
Income Tax Disclosure [Abstract]
Effective income tax rate percent	49.00%	7.40%	29.10%	1.00%

Liquidity (Details)

Liquidity (Details)	Oct. 03, 2015USD ($)
Debt Instrument [Line Items]
Mortgage balance	$ 168,800,000
Mortgage due by July 1, 2016	166,700,000
Other current sssets
Debt Instrument [Line Items]
Prepaid rent	5,900,000
Revolving credit facility
Debt Instrument [Line Items]
Current maturities of credit facility	35,000,000
Tranche A Loan
Debt Instrument [Line Items]
Current debt from converted credit facility	$ 20,000,000

Subsequent Event (Details)

Subsequent Event (Details) $ in Millions	Oct. 03, 2015USD ($)
Revolving credit facility | Canada
Subsequent Event [Line Items]
Balance of revolving credit facility	$ 4.5