JELD-WEN Holding (JELD) 10-Q 8 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 30, 2019	May 06, 2019
Document And Entity Information [Abstract]
Entity Registrant Name	JELD-WEN Holding, Inc.
Entity Central Index Key	0001674335
Document Type	10-Q
Document Period End Date	Mar. 30, 2019
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding		100,731,319

Consolidated Statement of Opera

Consolidated Statement of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Income Statement [Abstract]
Net revenues	$ 1,010,906	$ 946,179
Cost of sales	802,458	740,326
Gross margin	208,448	205,853
Selling, general and administrative	163,378	164,714
Impairment and restructuring charges	3,719	2,974
Operating income	41,351	38,165
Interest expense, net	17,656	15,661
Gain on previously held shares of an equity investment	0	(20,767)
Other (income) expense	(3,195)	7,763
Income before taxes, equity earnings	26,890	35,508
Income tax expense (benefit)	10,337	(4,025)
Income from continuing operations, net of tax	16,553	39,533
Equity earnings of non-consolidated entities	0	738
Net income	16,553	40,271
Less net (loss) income attributable to non-controlling interest	(16)	6
Net income attributable to common shareholders	$ 16,569	$ 40,265
Weighted average common shares outstanding
Basic (shares)	100,643,509	106,146,655
Diluted (shares)	101,461,293	108,867,800
Net income per share
Basic (usd per share)	$ 0.16	$ 0.38
Diluted (usd per share)	$ 0.16	$ 0.37

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income attributable to common shareholders	$ 16,553	$ 40,271
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments, net of tax of $0	(11,862)	19,514
Interest rate hedge adjustments, net of tax (benefit) expense of ($112) and $0, respectively	550	519
Defined benefit pension plans, net of tax expense of $771, and $996, respectively	1,454	2,004
Total other comprehensive (loss) income, net of tax	(9,858)	22,037
Comprehensive income	$ 6,695	$ 62,308

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Loss) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, tax	$ 0	$ 0
Interest rate hedge adjustments, tax (benefit)	(112)	0
Defined benefit pension plans, tax	$ 771	$ 996

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 94,003	$ 116,991
Restricted cash	260	632
Accounts receivable, net	571,632	471,655
Inventories	547,975	513,238
Other current assets	54,005	48,961
Total current assets	1,267,875	1,151,477
Property and equipment, net	826,613	843,403
Deferred tax assets	207,847	207,065
Goodwill	608,448	585,942
Intangible assets, net	249,309	225,553
Operating lease assets, net	192,704
Other assets	38,744	37,615
Total assets	3,391,540	3,051,055
Current liabilities
Accounts payable	285,871	250,281
Accrued payroll and benefits	125,997	114,784
Accrued expenses and other current liabilities	306,743	250,274
Current maturities of long-term debt	55,603	54,930
Total current liabilities	774,214	670,269
Long-term debt	1,517,128	1,422,962
Unfunded pension liability	106,245	107,522
Operating lease liability	155,601
Deferred credits and other liabilities	64,465	72,038
Deferred tax liabilities	10,029	10,457
Total liabilities	2,627,682	2,283,248
Commitments and contingencies (Note 23)
Shareholders’ equity
Preferred Stock, par value $0.01 per share, 90,000,000 shares authorized; no shares issued and outstanding	0	0
Common Stock: 900,000,000 shares authorized, par value $0.01 per share, 100,664,822 shares outstanding as of March 30, 2019; 900,000,000 shares authorized, par value $0.01 per share, 101,310,862 shares outstanding as of December 31, 2018	1,007	1,013
Additional paid-in capital	662,183	658,593
Retained earnings	255,381	253,041
Accumulated other comprehensive loss	(154,681)	(144,823)
Total shareholders’ equity attributable to common shareholders	763,890	767,824
Non-controlling interest	(32)	(17)
Total shareholders’ equity	763,858	767,807
Total liabilities and shareholders’ equity	$ 3,391,540	$ 3,051,055

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Mar. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Preferred stock, par value (usd per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (shares)	90,000,000	90,000,000
Preferred stock, shares issued (shares)	0	0
Preferred stock, shares outstanding (shares)	0	0
Common stock, shares authorized (shares)	900,000,000	900,000,000
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, shares outstanding (shares)	100,664,822	101,310,862

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Preferred stock	Common stock	Common stockCommon Class A	Additional paid-in capital	Additional paid-in capitalEmployee stock notes	Other Additional Capital	Retained earnings (accumulated deficit)	Accumulated other comprehensive (loss) income	Foreign currency adjustments	Unrealized (loss) gain on interest rate hedges	Net actuarial pension (loss) gain	Non-controlling interest
Balance at beginning of period at Dec. 31, 2017		$ 0		$ 1,060		$ (661)	$ 653,327	$ 233,658		$ 21,985	$ (8,810)	$ (108,522)	$ 0
Balance at beginning of period, shares at Dec. 31, 2017		0		105,990,483
Increase (Decrease) in Stockholders' Equity
Shares issued for exercise/vesting of share-based compensation awards				$ 3			189
Shares issued for exercise/vesting of share-based compensation awards, shares				338,692
Shares repurchased				$ 0				0
Shares repurchased, shares				0
Shares surrendered for tax obligations for employee share-based transactions				$ (1)			(4,119)
Shares surrendered for tax obligations for employee share-based transactions, shares				(108,617)
Amortization of share-based compensation							1,822
Net issuances, payments and accrued interest on notes						(7)
Net income attributable to common shareholders	$ 40,271							40,265					6
Unrealized (loss) gain on interest rate hedges, change during period	519										519
Foreign currency change during period	19,514									19,514			0
Net actuarial pension (loss) gain change during period	2,004											2,004
Acquisition of non-controlling interest													(184)
Balance at period end at Mar. 31, 2018	852,048			$ 1,062	$ 650,551	(668)	651,219	273,923	$ (73,310)	41,499	(8,291)	(106,518)	(178)
Balance at period end, shares at Mar. 31, 2018				106,220,558
Balance at beginning of period at Dec. 31, 2018	767,807	$ 0		$ 1,013		(648)	659,241	253,041		(42,364)	(6,174)	(96,285)	(17)
Balance at beginning of period, shares at Dec. 31, 2018		0		101,310,862
Increase (Decrease) in Stockholders' Equity
Shares issued for exercise/vesting of share-based compensation awards				$ 3			1,287
Shares issued for exercise/vesting of share-based compensation awards, shares				303,093
Shares repurchased				$ (9)				(14,990)
Shares repurchased, shares			(939,798)
Shares surrendered for tax obligations for employee share-based transactions				$ 0			(164)
Shares surrendered for tax obligations for employee share-based transactions, shares				(9,335)
Amortization of share-based compensation							2,473
Net issuances, payments and accrued interest on notes						(6)
Net income attributable to common shareholders	16,553							16,569					(16)
Unrealized (loss) gain on interest rate hedges, change during period	550										550
Foreign currency change during period	(11,862)									(11,862)			1
Net actuarial pension (loss) gain change during period	1,454											1,454
Acquisition of non-controlling interest													0
Balance at period end at Mar. 30, 2019	$ 763,858			$ 1,007	$ 662,183	$ (654)	$ 662,837	$ 255,381	$ (154,681)	$ (54,226)	$ (5,624)	$ (94,831)	$ (32)
Balance at period end, shares at Mar. 30, 2019				100,664,822

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
OPERATING ACTIVITIES
Net income attributable to common shareholders	$ 16,553	$ 40,271
Adjustments to reconcile net income to cash used in operating activities:
Depreciation and amortization	30,898	28,459
Deferred income taxes	(2,189)	(8,880)
Loss on sale of business units, property and equipment	614	243
Adjustment to carrying value of assets	1,634	636
Equity earnings in non-consolidated entities	0	(738)
Amortization of deferred financing costs	490	506
Non-cash gain on previously held shares of an equity investment	0	(20,767)
Stock-based compensation	2,596	1,951
Contributions to U.S. pension plan	(1,375)	0
Amortization of U.S. pension expense	2,225	3,000
Other items, net	(7,450)	18,641
Net change in operating assets and liabilities, net of effect of acquisitions:
Accounts receivable	(90,021)	(63,602)
Inventories	(33,104)	(41,701)
Other assets	(7,929)	(11,677)
Accounts payable and accrued expenses	52,460	(5,341)
Change in short term and long-term tax liabilities	6,640	(6,313)
Net cash used in operating activities	(27,958)	(65,312)
INVESTING ACTIVITIES
Purchases of property and equipment	(19,836)	(26,565)
Proceeds from sale of business units, property and equipment	382	1,130
Purchase of intangible assets	(12,023)	(871)
Purchases of businesses, net of cash acquired	(57,486)	(165,687)
Cash received for notes receivable	27	163
Net cash used in investing activities	(88,936)	(191,830)
FINANCING ACTIVITIES
Change in long-term debt	107,321	111,710
Common stock issued for exercise of options	1,290	192
Common stock repurchased	(14,999)	0
Payments to tax authority for employee share-based compensation	(141)	(4,488)
Net cash provided by financing activities	93,471	107,414
Effect of foreign currency exchange rates on cash	63	(3,206)
Net decrease in cash and cash equivalents	(23,360)	(152,934)
Cash, cash equivalents and restricted cash, beginning	117,623	256,234
Cash, cash equivalents and restricted cash, ending	$ 94,263	$ 103,300

Description of Company and Summ

Description of Company and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 30, 2019
Accounting Policies [Abstract]
Description of Company and Summary of Significant Accounting Policies	Description of Company and Summary of Significant Accounting Policies Nature of Business – JELD-WEN Holding, Inc., along with its subsidiaries, is a vertically integrated global manufacturer and distributor of windows and doors that derives substantially all of its revenues from the sale of its door and window products. Unless otherwise specified or the context otherwise requires, all references in these notes to “JELD-WEN,” “we,” “us,” “our,” or the “Company” are to JELD-WEN Holding, Inc. and its subsidiaries. We have facilities located in the U.S., Canada, Europe, Australia, Asia, Mexico, and South America, and our products are marketed primarily under the JELD-WEN brand name in the U.S. and Canada and under JELD-WEN and a variety of acquired brand names in Europe, Australia and Asia. Our revenues are affected by the level of new housing starts and remodeling activity in each of our markets. Our sales typically follow seasonal new construction and repair and remodeling industry patterns. The peak season for home construction and remodeling in many of our markets generally corresponds with the second and third calendar quarters, and therefore, sales volume is typically higher during those quarters. Our first and fourth quarter sales volumes are generally lower due to reduced repair and remodeling activity and reduced activity in the building and construction industry as a result of colder and more inclement weather in certain of our geographic end markets. Basis of Presentation – The accompanying unaudited consolidated financial statements as of March 30, 2019 and for the three months ended March 30, 2019 and March 31, 2018 , respectively, have been prepared in accordance with GAAP for interim financial information and pursuant to the rules and regulations of the SEC. In the opinion of management, the unaudited consolidated financial statements have been prepared on the same basis as the audited financial statements, and include all adjustments, consisting only of normal recurring adjustments, necessary for the fair statement of the Company’s financial position for the periods presented. The results for the three months ended March 30, 2019 are not necessarily indicative of the results to be expected for the year ending December 31, 2019 , or any other period. The accompanying consolidated balance sheet as of December 31, 2018 was derived from audited financial statements included in the Company’s Form 10-K. The accompanying consolidated financial statements do not include all of the information and footnotes required by GAAP for annual financial statements. Accordingly, they should be read in conjunction with the audited financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2018 . Certain prior year amounts have been reclassified to conform to current year presentation. All U.S. dollar and other currency amounts, except per share amounts, are presented in thousands unless otherwise noted. Fiscal Year – We operate on a fiscal calendar year, and each interim quarter is comprised of two 4 -week periods and one 5 -week period, with each week ending on a Saturday. Our fiscal year always begins on January 1 and ends on December 31. As a result, our first and fourth quarters may have more or fewer days included than a traditional 91 -day fiscal quarter. Use of Estimates – The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect amounts reported in the unaudited consolidated financial statements and related notes. Significant items that are subject to such estimates and assumptions include, but are not limited to, long-lived assets including goodwill and other intangible assets, employee benefit obligations, income tax uncertainties, contingent assets and liabilities, provisions for bad debt, inventory, warranty liabilities, legal claims, valuation of derivatives, environmental remediation and claims relating to self-insurance. Actual results could differ due to the uncertainty inherent in the nature of these estimates. Recently Adopted Accounting Standards – In August 2018, the FASB issued ASU No. 2018-15, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract, which clarifies the accounting treatment for implementation costs for cloud computing arrangements (hosting arrangements) that are service contracts with the requirement for capitalizing implementation costs incurred to develop or acquire internal-use-software. We early adopted this standard in the first quarter of 2019 on a prospective basis. The adoption did not have a material impact to the unaudited consolidated financial statements or related disclosures. In June 2018, the FASB issued ASU No. 2018-07 - Compensation - Stock Compensation (Topic 718) Improvements to Non-employee Share-Based Payment Accounting, which simplifies the accounting for share-based payments granted to nonemployees for goods and services. Under ASU No. 2018-07, most of the guidance on such payments to non-employees would be aligned with the requirements for share-based payments granted to employees. We adopted this standard in the first quarter of 2019 and the adoption did not have an impact on our unaudited consolidated financial statements or related disclosures. In February 2018, the FASB issued ASU No. 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, which allows a reclassification from accumulated other comprehensive income (loss) to retained earnings for stranded tax effects resulting from the Tax Act. We have chosen not to make any reclassifications under this standard. In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities . The targeted amendments help simplify certain aspects of hedge accounting and result in a more accurate portrayal of the economics of an entity’s risk management activities in its financial statements. For cash flow and net investment hedges as of the adoption date, the guidance requires a modified retrospective approach. In October 2018, the FASB issued ASU No. 2018-16, ASU 2018-16, Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes, which adds the overnight index swap rate (OIS) rate based on the secured overnight financing rate as a fifth U.S. benchmark interest rate. We adopted this standard in the first quarter of 2019 and it did not have an impact on our unaudited consolidated financial statements or related disclosures. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Section A - Leases: Amendments to the FASB Accounting Standards Codification . The standard requires lessees to recognize the assets and liabilities arising from leases on the balance sheet and retains a distinction between finance leases and operating leases. The classification criteria for distinguishing between finance leases and operating leases are substantially similar to the classification criteria for distinguishing between capital leases and operating leases in the previous lease guidance. We adopted this standard in the first quarter of 2019 including the practical expedients outlined in ASU 2018-01, Leases (Topic 842) Land Easement Practical Expedient for transition to ASC 842 , the additional transition method outlined in ASU 2018-11, Leases (Topic 842) Targeted Improvements, and the accounting policy election outlined in ASU 2018-20, Leases (Topic 842) Narrow-scope Improvements for Lessors . The adoption of the standard has had a significant impact on our unaudited consolidated balance sheet due to the recognition of approximately $195 million of lease liabilities with corresponding right-of-use assets for operating leases. Additionally, we recognized a $0.8 million cumulative effect adjustment credit, net of tax, to retained earnings. The adjustment to retained earnings was driven by a build-to-suit capital lease that transitioned to an operating lease under the new standard. The deferred tax impact on adoption was immaterial. Recent Accounting Standards Not Yet Adopted –In August 2018, the FASB issued ASU No. 2018-14, Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20): Disclosure Framework - Changes to the Disclosure Requirements for Defined Benefit Plans, which adds, modifies and clarifies several disclosure requirements for employers that sponsor defined benefit pension or other post retirement plans. This guidance is effective for fiscal years ending after December 15, 2020. Early adoption is permitted. We are currently assessing the effect that this ASU will have on our disclosures. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement, which adds, modifies and removes several disclosure requirements relative to the three levels of inputs used to measure fair value in accordance with Topic 820, Fair Value Measurement . This guidance is effective for fiscal years beginning after December 15, 2019, including interim periods within that fiscal year. Early adoption is permitted. We are currently assessing the effect that this ASU will have on our disclosures. In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment . To simplify the measurement of goodwill impairments, this ASU eliminates Step 2 from the goodwill impairment test, which required the calculation of the implied fair value of goodwill. Instead, under the amendments in this ASU, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. The guidance will be effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The adoption of this guidance is not expected to have a material impact on our unaudited consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The standard requires the measurement and recognition of expected credit losses for financial assets held at amortized cost and adds an impairment model that is based on expected losses rather than incurred losses. This guidance is effective for fiscal years beginning after December 15, 2019. Early adoption is permitted. We are currently assessing the effect that this ASU will have on internal processes and our disclosures.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 30, 2019
Business Combinations [Abstract]
Acquisitions	Acquisitions For the three months ended March 30, 2019 , we completed the following acquisition: • In March 2019, we acquired VPI Quality Windows, Inc. VPI is a leading manufacturer of vinyl windows, specializing in customized solutions for mid-rise multi-family, industrial, hospitality and commercial projects, primarily in the western U.S. VPI is located in Spokane, Washington. VPI is now part of our North America segment. The preliminary fair values of the assets and liabilities acquired of this acquisition are summarized below: (amounts in thousands) Preliminary Allocation Fair value of identifiable assets and liabilities: Accounts receivable $ 11,417 Inventories 2,555 Other current assets 261 Property and equipment 3,166 Identifiable intangible assets 17,702 Operating lease assets, net 3,739 Goodwill 26,553 Other assets 10 Total assets $ 65,403 Accounts payable 2,629 Other current liabilities 1,875 Operating lease liability 3,413 Total liabilities $ 7,917 Purchase price: Cash consideration, net of cash acquired $ 57,486 Preliminary goodwill of $26.6 million , calculated as the excess of the purchase price over the fair value of net assets, represents operational efficiencies and sales synergies, and the full amount is expected to be tax-deductible. The intangible assets include customer relationships and tradenames and will be amortized over a preliminary estimated weighted average amortization period of 13 years. Acquisition-related costs of $0.2 million were expensed as incurred and are included in SG&A expense in our accompanying unaudited consolidated statements of operations for the three months ended March 30, 2019 . As part of the acquisition, we assumed operating leases on two building. The leases are with a former shareholder of VPI, are at market rates and resulted in an operating lease asset of $3.6 million . During 2018 we completed four acquisitions. The fair values of the assets and liabilities acquired of the completed acquisitions are summarized below: (amounts in thousands) Preliminary Allocation Measurement Period Adjustment Revised Preliminary Allocation Fair value of identifiable assets and liabilities: Accounts receivable $ 58,714 $ (2,079 ) $ 56,635 Inventories 97,305 (8,069 ) 89,236 Other current assets 14,910 (6,137 ) 8,773 Property and equipment 53,128 26,170 79,298 Identifiable intangible assets 70,057 (1,363 ) 68,694 Goodwill 64,950 (4,330 ) 60,620 Other assets 7,283 (3,528 ) 3,755 Total assets $ 366,347 $ 664 $ 367,011 Accounts payable 29,512 $ (6,097 ) $ 23,415 Current maturities of long-term debt 17,278 803 18,081 Other current liabilities 27,595 4,496 32,091 Long-term debt 47,369 5,129 52,498 Other liabilities 17,735 (2,588 ) 15,147 Non-controlling interest (184 ) 235 51 Total liabilities $ 139,305 $ 1,978 $ 141,283 Purchase price: — Cash consideration, net of cash acquired $ 169,002 $ (1,314 ) $ 167,688 Contingent consideration 3,898 — 3,898 Gain on previously held shares 20,767 — 20,767 Existing investment in acquired entity 33,483 — 33,483 Non-cash consideration related to acquired intercompany balances (108 ) — (108 ) Total consideration, net of cash acquired $ 227,042 $ (1,314 ) $ 225,728 Goodwill of $60.6 million , calculated as the excess of the purchase price over the fair value of net assets, represents operational efficiencies and sales synergies, and no amount is expected to be tax-deductible. The intangible assets include customer relationships, tradenames, patents and software and will be amortized over a weighted average amortization period of 16 years. Acquisition-related costs of $2.3 million were expensed as incurred and are included in SG&A expense in our accompanying unaudited consolidated statements of operations for the three months ended March 31, 2018 . The purchase price allocation was considered completed for the Domoferm, A&L and ABS acquisitions as of March 30, 2019 . We evaluated these acquisitions quantitatively and qualitatively and determined them to be insignificant both individually and in the aggregate. Therefore, certain pro forma disclosures under ASC 805-10-50 have been omitted. The results of the acquisitions are included in our unaudited consolidated financial statements from the date of their acquisition.

Accounts Receivable

Accounts Receivable	3 Months Ended
	Mar. 30, 2019
Receivables [Abstract]
Accounts Receivable	Accounts Receivable We sell our manufactured products to a large number of customers, primarily in the residential housing construction and remodel sectors, broadly dispersed across many domestic and foreign geographic regions. We perform ongoing credit evaluations of our customers to minimize credit risk. We do not usually require collateral for accounts receivable but will require advance payment, guarantees, a security interest in the products sold to a customer, and/or letters of credit in certain situations. Customer accounts receivable converted to notes receivable are primarily collateralized by inventory or other collateral. At March 30, 2019 and December 31, 2018 , we had an allowance for doubtful accounts of $6.0 million .

Inventories

Inventories	3 Months Ended
	Mar. 30, 2019
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories are stated at the lower of cost or net realizable value. Finished goods and work-in-process inventories include material, labor and manufacturing overhead costs. (amounts in thousands) March 30, December 31, Raw materials $ 378,770 $ 371,168 Work in process 42,317 42,822 Finished goods 126,888 99,248 Total inventories $ 547,975 $ 513,238

Property and Equipment, Net

Property and Equipment, Net	3 Months Ended
	Mar. 30, 2019
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and Equipment, Net (amounts in thousands) March 30, December 31, Property and equipment $ 1,979,534 $ 1,982,301 Accumulated depreciation (1,152,921 ) (1,138,898 ) Total property and equipment, net $ 826,613 $ 843,403 We monitor all property and equipment for any indicators of potential impairment, and we recorded impairment charges of $0.9 million and $0.6 million during the three months ended March 30, 2019 and March 31, 2018 respectively. Depreciation expense was recorded as follows: Three Months Ended (amounts in thousands) March 30, March 31, Cost of sales $ 20,669 $ 19,983 Selling, general and administrative 2,407 1,998 Total depreciation expense $ 23,076 $ 21,981

Goodwill

Goodwill	3 Months Ended
	Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill The following table summarizes the changes in goodwill by reportable segment: (amounts in thousands) North America Europe Australasia Total Reportable Segments Balance as of January 1 $ 223,562 $ 279,688 $ 82,692 $ 585,942 Acquisitions - preliminary allocation 26,553 — — 26,553 Acquisition remeasurements 1,518 — (1,248 ) 270 Currency translation 126 (5,098 ) 655 (4,317 ) Balance at end of period $ 251,759 $ 274,590 $ 82,099 $ 608,448

Intangible Assets, Net

Intangible Assets, Net	3 Months Ended
	Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets, Net	Intangible Assets, Net The cost and accumulated amortization values of our intangible assets were as follows: (amounts in thousands) March 30, 2019 Cost Accumulated Amortization Net Book Value Customer relationships and agreements $ 142,678 $ (47,230 ) $ 95,448 Software 72,592 (13,714 ) 58,878 Trademarks and trade names 65,926 $ (5,799 ) $ 60,127 Patents, licenses and rights 48,437 (13,581 ) 34,856 Total amortizable intangibles $ 329,633 $ (80,324 ) $ 249,309 (amounts in thousands) December 31, 2018 Cost Accumulated Amortization Net Book Value Customer relationships and agreements $ 134,999 $ (45,418 ) $ 89,581 Software 62,147 (14,053 ) 48,094 Trademarks and trade names 57,513 (5,050 ) 52,463 Patents, licenses and rights 47,804 (12,389 ) 35,415 Total amortizable intangibles $ 302,463 $ (76,910 ) $ 225,553 We have capitalized a total of $39.8 million related to the application development stage of our global ERP system implementation, including $11.4 million in the three months ended March 30, 2019 . Intangible assets are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of such assets may not be recoverable. Intangible assets that become fully amortized are removed from the accounts in the period that they become fully amortized. Amortization expense was recorded as follows: Three Months Ended (amounts in thousands) March 30, March 31, Amortization expense $ 5,663 $ 4,702

Leases

Leases	3 Months Ended
	Mar. 30, 2019
Leases [Abstract]
Leases, Operating	Leases We lease certain warehouses, distribution centers, office space, land, vehicles and equipment. We determine if an arrangement is a lease at inception. Amounts associated with operating leases are included in operating lease assets (“ROU assets”), net, accrued expense and other current liabilities and noncurrent operating lease liability in our consolidated balance sheet. Amounts associated with finance leases are included in property and equipment, net, current maturities of long-term debt and long-term debt in our consolidated balance sheet. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and liabilities are recognized at the lease commencement date based on the estimated present value of lease payments over the lease term. If the leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the lease commencement date in determining the present value of lease payments. We use the incremental borrowing rate for operating leases that commenced in the period using the prior quarter end’s incremental borrowing rates. Leases with an initial term of 12 months or less are not recorded on the balance sheet, and we recognize lease expense for these leases on a straight-line basis over the lease term. For lease agreements entered into or reassessed after the adoption of Topic 842, we combine lease and nonlease components. Certain leases include one or more options to renew, with renewal terms that can extend the lease term from one to 20 years or more, and the exercise of lease renewal options under these leases is at our sole discretion. The depreciable life of assets and leasehold improvements are limited by the expected lease term. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. (amounts in thousands) Balance Sheet Location March 30, Assets Operating Operating lease assets, net $ 192,704 Finance Property and equipment, net (1) 572 Total lease assets $ 193,276 Liabilities Current Operating Accrued expense and other current liabilities $ 41,998 Finance Current maturities of long-term debt 265 Noncurrent Operating Operating lease liability 155,601 Finance Long-term debt 352 Total lease liability $ 198,216 (1) Finance lease assets are recorded net of accumulated depreciation of $0.6 million as of March 30, 2019 . During the three months ended March 30, 2019 we obtained $4.9 million in right-of-use assets in exchange for operating lease liabilities. Lease Cost (amounts in thousands) March 30, Operating $ 14,259 Short term 2,723 Variable 1,659 Low value 787 Finance 12 Total lease costs $ 19,440 March 30, Weighted average remaining lease terms (years): Operating 6.8 Finance 2.7 Weighted average discount rate: Operating 4.0% Finance 8.4% Maturities of Lease Liabilities March 30, 2019 (amounts in thousands) Operating Leases (1) Finance Leases Total 2019 (remaining nine months) $ 39,285 $ 216 $ 39,501 2020 47,249 249 47,498 2021 34,666 172 34,838 2022 27,403 51 27,454 2023 22,330 6 22,336 Thereafter 65,782 2 65,784 Total lease payments 236,715 696 237,411 Less: Interest 39,116 79 39,195 Present value of lease liability $ 197,599 $ 617 $ 198,216 (1) Operating lease payments include $0.6 million related to options to extend lease terms that are reasonably certain of being exercised. Disclosures related to period prior to adoption of the Standard Operating lease rent expense was $13.6 million in the three months ended March 31, 2018 . As of December 31, 2018 future minimum lease payment obligations under operating and capital leases were as follows: Maturities of Lease Liabilities December 31, 2018 (amounts in thousands) Operating Leases Capital Leases (1) Total 2019 $ 49,128 $ 287 $ 49,415 2020 43,794 310 44,104 2021 30,885 268 31,153 2022 24,020 192 24,212 2023 19,352 225 19,577 Thereafter 33,943 23,967 57,910 $ 201,122 $ 25,249 $ 226,371 (1) As of December 31, 2018 capital leases included maturities of approximately $24.5 million related to a build-to-suit lease that transitioned to operating lease under the new standard.
Leases, Finance	Leases We lease certain warehouses, distribution centers, office space, land, vehicles and equipment. We determine if an arrangement is a lease at inception. Amounts associated with operating leases are included in operating lease assets (“ROU assets”), net, accrued expense and other current liabilities and noncurrent operating lease liability in our consolidated balance sheet. Amounts associated with finance leases are included in property and equipment, net, current maturities of long-term debt and long-term debt in our consolidated balance sheet. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and liabilities are recognized at the lease commencement date based on the estimated present value of lease payments over the lease term. If the leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the lease commencement date in determining the present value of lease payments. We use the incremental borrowing rate for operating leases that commenced in the period using the prior quarter end’s incremental borrowing rates. Leases with an initial term of 12 months or less are not recorded on the balance sheet, and we recognize lease expense for these leases on a straight-line basis over the lease term. For lease agreements entered into or reassessed after the adoption of Topic 842, we combine lease and nonlease components. Certain leases include one or more options to renew, with renewal terms that can extend the lease term from one to 20 years or more, and the exercise of lease renewal options under these leases is at our sole discretion. The depreciable life of assets and leasehold improvements are limited by the expected lease term. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. (amounts in thousands) Balance Sheet Location March 30, Assets Operating Operating lease assets, net $ 192,704 Finance Property and equipment, net (1) 572 Total lease assets $ 193,276 Liabilities Current Operating Accrued expense and other current liabilities $ 41,998 Finance Current maturities of long-term debt 265 Noncurrent Operating Operating lease liability 155,601 Finance Long-term debt 352 Total lease liability $ 198,216 (1) Finance lease assets are recorded net of accumulated depreciation of $0.6 million as of March 30, 2019 . During the three months ended March 30, 2019 we obtained $4.9 million in right-of-use assets in exchange for operating lease liabilities. Lease Cost (amounts in thousands) March 30, Operating $ 14,259 Short term 2,723 Variable 1,659 Low value 787 Finance 12 Total lease costs $ 19,440 March 30, Weighted average remaining lease terms (years): Operating 6.8 Finance 2.7 Weighted average discount rate: Operating 4.0% Finance 8.4% Maturities of Lease Liabilities March 30, 2019 (amounts in thousands) Operating Leases (1) Finance Leases Total 2019 (remaining nine months) $ 39,285 $ 216 $ 39,501 2020 47,249 249 47,498 2021 34,666 172 34,838 2022 27,403 51 27,454 2023 22,330 6 22,336 Thereafter 65,782 2 65,784 Total lease payments 236,715 696 237,411 Less: Interest 39,116 79 39,195 Present value of lease liability $ 197,599 $ 617 $ 198,216 (1) Operating lease payments include $0.6 million related to options to extend lease terms that are reasonably certain of being exercised. Disclosures related to period prior to adoption of the Standard Operating lease rent expense was $13.6 million in the three months ended March 31, 2018 . As of December 31, 2018 future minimum lease payment obligations under operating and capital leases were as follows: Maturities of Lease Liabilities December 31, 2018 (amounts in thousands) Operating Leases Capital Leases (1) Total 2019 $ 49,128 $ 287 $ 49,415 2020 43,794 310 44,104 2021 30,885 268 31,153 2022 24,020 192 24,212 2023 19,352 225 19,577 Thereafter 33,943 23,967 57,910 $ 201,122 $ 25,249 $ 226,371 (1) As of December 31, 2018 capital leases included maturities of approximately $24.5 million related to a build-to-suit lease that transitioned to operating lease under the new standard.

Other Assets

Other Assets	3 Months Ended
	Mar. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	Other Assets (amounts in thousands) March 30, 2019 December 31, 2018 Customer displays $ 14,745 $ 15,069 Other prepaid expenses 7,303 5,331 Deposits 6,521 6,627 Long-term notes receivable 4,891 4,902 Overfunded pension benefit obligation 1,577 1,517 Other long-term accounts receivable 1,489 1,451 Debt issuance costs on unused portion of revolver facility 928 1,552 Long-term taxes receivable 800 800 Other long-term assets 490 366 Total other assets $ 38,744 $ 37,615 Prior period balances in the table above have been reclassified to conform to current period presentation.

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	3 Months Ended
	Mar. 30, 2019
Payables and Accruals [Abstract]
Accrued Expenses and Other Current Liabilities	Accrued Expenses and Other Current Liabilities (amounts in thousands) March 30, 2019 December 31, 2018 Current portion of legal claims provision $ 79,350 $ 79,356 Accrued sales and advertising rebates 55,060 69,199 Current portion of operating lease liability (Note 8) 41,998 — Accrued expenses 30,876 25,434 Non-income related taxes 30,671 21,643 Current portion of warranty liability (Note 11) 20,272 20,529 Accrued interest payable 11,715 2,016 Current portion of accrued claim costs relating to self-insurance programs 11,235 12,319 Current portion of deferred revenue (Note 16) 10,928 9,854 Current portion of accrued income taxes payable 7,409 2,128 Current portion of restructuring accrual (Note 19) 5,440 6,635 Current portion of derivative liability (Note 21) 1,789 1,161 Total accrued expenses and other current liabilities $ 306,743 $ 250,274 In the table above, the legal claims provision balances relate primarily to the $76.5 million litigation contingency associated with the ongoing antitrust and trade secrets litigation with Steves & Sons, Inc. For further information regarding this litigation, see Note 23 - Commitments and Contingencies . The accrued sales and advertising rebates, accrued interest payable, and non-income related taxes can fluctuate significantly period over period due to timing of payments.

Warranty Liability

Warranty Liability	3 Months Ended
	Mar. 30, 2019
Product Warranties Disclosures [Abstract]
Warranty Liability	Warranty Liability Warranty terms vary from one year to lifetime on certain window and door components. Warranties are normally limited to servicing or replacing defective components for the original customer. Some warranties are transferable to subsequent owners and are either limited to 10 years from the date of manufacture or require pro-rata payments from the customer. A provision for estimated warranty costs is recorded at the time of sale based on historical experience, and we periodically adjust these provisions to reflect actual experience. An analysis of our warranty liability is as follows: (amounts in thousands) March 30, 2019 March 31, 2018 Balance as of January 1 $ 46,468 $ 46,256 Current period expense 4,344 6,049 Liabilities assumed due to acquisition 79 1,541 Experience adjustments 904 336 Payments (5,602 ) (6,830 ) Currency translation 106 (124 ) Balance at period end 46,299 47,228 Current portion (20,272 ) (20,843 ) Long-term portion $ 26,027 $ 26,385 The most significant component of our warranty liability is in the North America segment, which totaled $41.0 million at March 30, 2019 after discounting future estimated cash flows at rates between 0.76% and 4.75% . Without discounting, the liability would have been higher by approximately $2.7 million .

Long-Term Debt

Long-Term Debt	3 Months Ended
	Mar. 30, 2019
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Our long-term debt, net of original issue discount and unamortized debt issuance costs, consisted of the following: (amounts in thousands) March 30, 2019 Interest Rate March 30, December 31, Senior notes 4.63% - 4.88% $ 800,000 $ 800,000 Term loans 1.30% - 4.80% 470,871 474,058 Revolving credit facilities 3.98% - 6.00% 199,247 85,000 Finance leases and other financing arrangements 1.90% - 6.38% 84,528 98,914 Mortgage notes 1.65% 29,430 30,375 Installment notes for stock 5.50% 205 962 Unamortized debt issuance costs (11,550 ) (11,417 ) 1,572,731 1,477,892 Current maturities of long-term debt (55,603 ) (54,930 ) Long-term debt $ 1,517,128 $ 1,422,962 Summaries of our significant changes to outstanding debt agreements as of March 30, 2019 are as follows: Term Loans U.S. Facility - The facility matures in December 2024. At March 30, 2019 , the outstanding principal balance under the facility was $434.5 million . Australia Facility - In February 2018, we amended the Australia Senior Secured Credit Facility to include an additional AUD $55.0 million floating rate term loan facility with a base rate of BBSY plus a margin ranging from 1.00% to 1.10% which matures in February 2023. We pay a commitment fee of 1.25% on the unused portion of the facility. This facility is secured by guarantees of JWA and had an outstanding principal balance of $35.5 million as of March 30, 2019 . Revolving Credit Facilities ABL Facility - In December 2018, we amended the $300 million ABL Facility, providing for a $100 million increase in the U.S. revolving credit commitments. The facility matures in December 2022. Extensions of credit under the ABL Facility are limited by a borrowing base calculated periodically based on specified percentages of the value of eligible accounts receivable and eligible inventory, subject to certain reserves and other adjustments. We pay a fee of 0.25% on the unused portion of the commitments under the facility. As of March 30, 2019 , we had $199.2 million in borrowings, $35.8 million in letters of credit and $80.1 million available under the ABL Facility. Australia Senior Secured Credit Facility - In the first quarter of 2019, we amended the Australia Senior Secured Credit Facility to provide for an AUD $12.0 million floating rate revolving loan facility, an AUD $13.0 million interchangeable facility for guarantees and letters of credit, and an AUD $4.5 million asset finance facility. Apart from the AUD $55.0 million floating rate term loan facility mentioned above, the Australia Senior Secured Credit Facility matures in June 2019 . There have been no material changes to borrowings since December 31, 2018. Euro Revolving Facility - In January 2019, we allowed our €39 million Euro Revolving Facility to expire due to operating cash generation in Europe and expenses and restrictions associated with the facility. At March 30, 2019 , we had combined borrowing availability of $88.6 million under our revolving facilities. Mortgage Notes – In December 2007, we entered into thirty -year mortgage notes secured by land and buildings with principal payments beginning in 2018. As of March 30, 2019 , we had DKK 195.6 million (or $29.4 million ) outstanding under these notes. Finance leases and other financing arrangements – In addition to finance leases, we include insurance premium financing arrangements, and loans secured by equipment in this category. At March 30, 2019 , we had $84.5 million outstanding in this category, with maturities ranging from 2019 to 2026. At December 31, 2018, this category included capital lease maturities of approximately $24.5 million related to a build-to-suit lease that transitioned to an operating lease under the new leasing standard and is not reflected in long-term debt as of March 30, 2019 (Note 8 - Leases ). Increases in this category during 2019 were primarily due to additional equipment financing. As of March 30, 2019 , we were in compliance with the terms of all of our credit facilities.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes On December 22, 2017, the Tax Act was enacted in the United States, and the Company completed its accounting for the income tax effects of the Tax Act as of December 31, 2018 . Although the measurement period has effectively ended, additional guidance and regulations continue to be released and/or finalized as of March 30, 2019 . We have considered these ongoing developments and determined that they have no impact on our tax accounts for the current interim period. Final guidance, once issued, may materially affect our conclusions regarding the net related effects of the Tax Act on our unaudited consolidated financial statements. Until then, management will continue to monitor and work with its tax advisors to interpret any guidance issued. The effective income tax rate for continuing operations was 38.4% for the three months ended March 30, 2019 , compared to (11.3)% for the three months ended March 31, 2018 , respectively. In accordance with ASC 740-270, we recorded tax expense of $10.3 million from continuing operations in the three months ended March 30, 2019 compared to a tax benefit of $4.0 million for the corresponding period ended March 31, 2018 , by applying an estimated annual effective tax rate to our year-to-date income for includable entities during the respective periods. Our estimated annual effective tax rate for both years include the impact of the new tax on GILTI. The application of the estimated annual effective tax rate in interim periods may result in a significant variation in the customary relationship between income tax expense and pretax accounting income due to the seasonality of our global business. Entities that are currently generating losses and for which there is a full valuation allowance are excluded from the worldwide effective tax rate calculation and are calculated separately. The impact of significant discrete items is separately recognized in the quarter in which they occur. The tax expense related to discrete items included in the tax provision for continuing operations for the three months ended March 30, 2019 was $1.3 million compared to a tax benefit of $8.7 million for the three months ended March 31, 2018 . The discrete tax expense for the three months ended March 30, 2019 was comprised primarily of $1.1 million of tax expense related to a shortfall recognized from exercises and forfeitures from share-based compensation awards and $0.4 million attributable to current period interest expense on uncertain tax positions, offset by tax benefit of $0.2 million for other matters. The discrete benefit amounts for the three months ended March 31, 2018 were comprised primarily of a $7.1 million of tax benefit attributable to the write-off of the outside basis difference of a former equity method investment upon the acquisition of the remaining shares of the entity, and $1.8 million of tax benefit attributable to the exercises and expirations of share-based compensation awards, offset by tax expense of $0.2 million attributable to current period interest expense on uncertain tax positions. Under ASC 740-10, we provide for uncertain tax positions and the related interest expense by adjusting unrecognized tax benefits and accrued interest accordingly. We recognize potential interest and penalties related to unrecognized tax benefits in income tax expense. We had unrecognized tax benefits of $16.2 million and $16.6 million as of March 30, 2019 and December 31, 2018 , respectively.

Segment Information

Segment Information	3 Months Ended
	Mar. 30, 2019
Segment Reporting [Abstract]
Segment Information	Segment Information We report our segment information in the same way management internally organizes the business in assessing performance and making decisions regarding allocation of resources in accordance with ASC 280-10- Segment Reporting . We determined that we have three reportable segments, organized and managed principally by geographic region. Our reportable segments are North America, Europe and Australasia. We report all other business activities in Corporate and unallocated costs. Factors considered in determining the three reportable segments include the nature of business activities, the management structure accountable directly to the CODM, the discrete financial information available and the information regularly reviewed by the CODM. Management reviews net revenues and Adjusted EBITDA to evaluate segment performance and allocate resources. We define Adjusted EBITDA as net income (loss), adjusted for the following items: loss from discontinued operations, net of tax; equity earnings of non-consolidated entities; income tax (benefit) expense; depreciation and amortization; interest expense, net; impairment and restructuring charges; gain on previously held shares of equity investment; (gain) loss on sale of property and equipment; share-based compensation expense; non-cash foreign exchange transaction/translation (income) loss; other non-cash items; other items; and costs related to debt restructuring and debt refinancing. The following tables set forth certain information relating to our segments’ operations. (amounts in thousands) North America Europe Australasia Total Operating Segments Corporate and Unallocated Costs Total Consolidated Three Months Ended March 30, 2019 Total net revenues $ 566,347 $ 299,993 $ 146,520 $ 1,012,860 $ — $ 1,012,860 Intersegment net revenues (596 ) (27 ) (1,331 ) (1,954 ) — (1,954 ) Net revenues from external customers $ 565,751 $ 299,966 $ 145,189 $ 1,010,906 $ — $ 1,010,906 Impairment and restructuring charges 1,958 1,309 465 3,732 (13 ) 3,719 Adjusted EBITDA 53,540 28,169 16,426 98,135 (7,536 ) 90,599 Three Months Ended March 31, 2018 Total net revenues $ 498,333 $ 302,469 $ 148,700 $ 949,502 $ — $ 949,502 Intersegment net revenues (392 ) (782 ) (2,149 ) (3,323 ) — (3,323 ) Net revenues from external customers $ 497,941 $ 301,687 $ 146,551 $ 946,179 $ — $ 946,179 Impairment and restructuring charges 2,756 248 1,340 4,344 (1,370 ) 2,974 Adjusted EBITDA 47,035 33,807 16,742 97,584 (9,752 ) 87,832 Reconciliations of net income to Adjusted EBITDA are as follows: Three Months Ended (amounts in thousands) March 30, 2019 March 31, 2018 Net income $ 16,553 $ 40,271 Equity earnings of non-consolidated entities — (738 ) Income tax expense (benefit) 10,337 (4,025 ) Depreciation and amortization 30,898 28,459 Interest expense, net 17,656 15,661 Impairment and restructuring charges 3,719 2,974 Gain on previously held shares of equity investment — (20,767 ) Loss (gain) on sale of property and equipment 582 (86 ) Share-based compensation expense 2,596 1,951 Non-cash foreign exchange transaction/translation loss (income) (3,425 ) 3,881 Other items (1) 11,683 20,251 Adjusted EBITDA $ 90,599 $ 87,832 (1) Other non-recurring items not core to on-going business activity include: (i) in the three months ended March 30, 2019 (1) $5,211 in facility closure and consolidation costs related to our facility footprint rationalization program, (2) $2,677 in acquisition related costs, (3) $733 in legal costs and (4) $1,914 of other non-cash items; and (ii) in the three months ended March 31, 2018 (1) $13,560 in legal costs, (2) $2,550 in acquisition costs, (3) $2,401 in costs related to the departure of the former CEO.

Capital Stock

Capital Stock	3 Months Ended
	Mar. 30, 2019
Equity [Abstract]
Capital Stock	Capital Stock Preferred Stock – Our Board of Directors is authorized to issue Preferred Stock from time to time in one or more series and with such rights, privileges and preferences as the Board may from time to time determine. We have not issued any shares of preferred stock. Common Stock – Includes the basis of shares outstanding plus amounts recorded as additional paid-in capital. Shares outstanding exclude the shares issued to the Employee Benefit Trust that are considered similar to treasury shares and total 193,941 shares at both March 30, 2019 and December 31, 2018 with a total original issuance value of $12.4 million . In April 2018, our Board of Directors authorized the repurchase of up to $250 million of our Common Stock. Purchases are made in accordance with all applicable securities laws and regulations and may be funded from available liquidity including available cash or borrowings under existing or future credit facilities. The timing and amount of any repurchases of Common Stock will be based on JELD-WEN’s liquidity, general business and market conditions and other factors, including alternative investment opportunities. The term of the repurchase program extends through December 31, 2019. During the three months ended March 30, 2019 , we repurchased 939,798 shares of our Common Stock at an average purchase price per share of $15.96 . As of March 30, 2019 , $110.0 million was remaining under the repurchase authorization.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 30, 2019
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition We disaggregate revenues based on geographical location. See Note 14 - Segment Information for further information on disaggregated revenue. Deferred Revenue – We record deferred revenue when we collect pre-payments from customers for performance obligations we expect to fulfill through future performance of a service or delivery of a product. We classify our deferred revenue based on our estimate as to when we expect to satisfy the related performance obligations. Current deferred revenues are included in accrued expenses and other current liabilities in the accompanying unaudited consolidated balance sheets. Significant changes in the deferred revenue balances during the period are as follows: (amounts in thousands) March 30, March 31, Balance as of January 1 $ 9,854 $ 9,970 Increases due to cash received 23,413 27,470 Currency translation 35 (158 ) Liabilities assumed due to acquisition — 1,235 Revenue recognized during the period (22,374 ) (25,471 ) Balance at period end $ 10,928 $ 13,046

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share is calculated by dividing net earnings attributable to common shareholders by the weighted average shares outstanding during the period, without consideration for common stock equivalents. Diluted net earnings per share is calculated by adjusting weighted average shares outstanding for the dilutive effect of common share equivalents outstanding for the period, determined using the treasury-stock method. Common stock options, unvested Common Restricted Stock Units and unvested Common Performance Share Units are considered to be common stock equivalents included in the calculation of diluted net income per share. The basic and diluted income per share calculations are presented below : Three Months Ended (amounts in thousands, except share and per share amounts) March 30, March 31, Earnings per share basic: Income from continuing operations $ 16,553 $ 39,533 Equity earnings of non-consolidated entities — 738 Income from continuing operations and equity earnings of non-consolidated entities 16,553 40,271 Net (income) loss attributable to non-controlling interest (16 ) 6 Net income attributable to common shareholders $ 16,569 $ 40,265 Weighted average outstanding shares of common stock basic 100,643,509 106,146,655 Net income per share - basic $ 0.16 $ 0.38 Three Months Ended (amounts in thousands, except share and per share amounts) March 30, March 31, Earnings per share diluted: Net income attributable to common shareholders - basic and diluted $ 16,569 $ 40,265 Weighted average outstanding shares of common stock basic 100,643,509 106,146,655 Restricted stock units, performance share units and options to purchase common stock 817,784 2,721,145 Weighted average outstanding shares of common stock diluted 101,461,293 108,867,800 Net income per share - diluted $ 0.16 $ 0.37 The following table provides the securities that could potentially dilute basic earnings per share in the future, but were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive: Three Months Ended March 30, March 31, Common stock options 1,685,101 250,612 Restricted stock units 449,547 20,337 Performance share units 147,552 —

Stock Compensation

Stock Compensation	3 Months Ended
	Mar. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Compensation	Stock Compensation The activity under our incentive plans for the periods presented are reflected in the following tables: Three Months Ended March 30, 2019 March 31, 2018 Shares Weighted Average Exercise Price Per Share Shares Weighted Average Exercise Price Per Share Options granted 424,944 $ 20.94 612,789 $ 33.25 Options canceled 108,337 $ 23.81 332,180 $ 18.56 Options exercised 203,545 $ 7.80 406,280 $ 12.70 Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value RSUs granted 573,815 $ 20.94 438,591 $ 32.55 PSUs granted 387,568 $ 20.94 109,537 $ 33.34 Stock-based compensation expense was $2.6 million for the three months ended March 30, 2019 and $2.0 million in the corresponding period ended March 31, 2018 . As of March 30, 2019 , there was $36.9 million of total unrecognized compensation expense related to non-vested share-based compensation arrangements. This cost is expected to be recognized over the remaining weighted-average vesting period of 2.42 years .

Impairment and Restructuring Ch

Impairment and Restructuring Charges	3 Months Ended
	Mar. 30, 2019
Restructuring and Related Activities [Abstract]
Impairment and Restructuring Charges	Impairment and Restructuring Charges Closure costs and impairment charges for operations not qualifying as discontinued operations are classified as impairment and restructuring charges in our unaudited consolidated statements of operations. In the first quarter of 2019 , we recorded impairment and restructuring costs of $3.7 million , including $2.0 million in the North America segment for two plant consolidations, $1.3 million in the Europe segment mostly due to severance costs for personnel restructuring and $0.4 million in the Australasia segment for a plant consolidation and severance costs. In the first quarter of 2018 , we incurred impairment and restructuring costs of $3.0 million , including $2.9 million for plant consolidations in the North America and Australasia segments, $1.5 million for lease termination costs and reduction in workforce in the North America segment and $0.7 million of other costs offset by $2.1 million of reduction in expense due to a favorable tax ruling in the North America segment related to a prior divestiture. The table below summarizes the amounts included in impairment and restructuring charges in the accompanying unaudited consolidated statements of operations: Three Months Ended (amounts in thousands) March 30, March 31, Closed operations $ 1,613 $ — Continuing operations 21 636 Impairments $ 1,634 $ 636 Restructuring charges, net of fair value adjustment gains 2,085 2,338 Total impairment and restructuring charges $ 3,719 $ 2,974 Short-term restructuring accruals are recorded in accrued expenses and totaled $5.4 million and $6.6 million as of March 30, 2019 and December 31, 2018 , respectively. Long-term restructuring accruals are recorded in deferred credits and other liabilities and totaled $0.9 million and $2.0 million as of March 30, 2019 and December 31, 2018 , respectively. The following is a summary of the restructuring accruals recorded and charges incurred: (amounts in thousands) Beginning Accrual Balance Additions Charged to Expense Payments or Utilization Ending Accrual Balance March 30, 2019 Severance costs $ 5,353 $ 1,878 $ (4,003 ) $ 3,228 Other exit costs 3,287 207 (411 ) 3,083 Total $ 8,640 $ 2,085 $ (4,414 ) $ 6,311 March 31, 2018 Severance costs $ 7,232 $ 2,408 $ (4,568 ) $ 5,072 Lease obligations and other exit costs 3,807 (70 ) (1,165 ) 2,572 Total $ 11,039 $ 2,338 $ (5,733 ) $ 7,644

Other (Income) Expense

Other (Income) Expense	3 Months Ended
	Mar. 30, 2019
Other Income and Expenses [Abstract]
Other (Income) Expense	Other (Income) Expense The table below summarizes the amounts included in other (income) expense in the accompanying unaudited consolidated statements of operations: Three Months Ended (amounts in thousands) March 30, 2019 March 31, 2018 Foreign currency (gains) losses $ (5,034 ) $ 4,986 Legal settlement income (1,247 ) (9 ) Pension benefit expense 2,748 3,134 Other items 338 (348 ) Total other (income) expense $ (3,195 ) $ 7,763 Prior period balances in the table above have been reclassified to conform to current period presentation.

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Mar. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments All derivatives are recorded as assets or liabilities in the consolidated balance sheets at their respective fair values. For derivatives that qualify for hedge accounting, changes in the fair value related to the effective portion of the hedge are recognized in earnings at the same time as either the change in fair value of the underlying hedged item or the effect of the hedged item’s exposure to the variability of cash flows. Changes in fair value related to the ineffective portion of the hedge are recognized immediately in earnings. Changes in the fair value of derivatives that do not qualify for hedge accounting, or fail to meet the criteria thereafter, are also recognized in the consolidated statements of operations. See Note 22 - Fair Value Measurements for additional information on the fair value of our derivative assets and liabilities. Foreign currency derivatives – We are exposed to the impact of foreign currency fluctuations in certain countries in which we operate. In most of these countries, the exposure to foreign currency movements is limited because the operating revenues and expenses of our business units are substantially denominated in the local currency. To the extent borrowings, sales, purchases or other transactions are not executed in the local currency of the operating unit, we are exposed to foreign currency risk. To mitigate the exposure, we enter into a variety of foreign currency derivative contracts, such as forward contracts, option collars, and cross-currency hedges. We use foreign currency derivative contracts, with a total notional amount of $135.9 million , to manage the effect of exchange fluctuations on forecasted sales, purchases, acquisitions, inventory and capital expenditures and certain intercompany transactions that are denominated in foreign currencies. We use foreign currency derivative contracts, with a total notional amount of $75.3 million , to hedge the effects of translation gains and losses on intercompany loans and interest. We also use foreign currency derivative contracts, with a total notional amount of $150.6 million , to mitigate the impact to the consolidated earnings of the Company from the effect of the translation of certain subsidiaries’ local currency results into U.S. dollars. We do not use derivative financial instruments for trading or speculative purposes. Hedge accounting has not been elected for any foreign currency derivative contracts. We record mark-to-market changes in the values of these derivatives in other (income) expense. We recorded mark-to-market loss of $3.3 million at March 30, 2019 and gains of $2.4 million at March 31, 2018 , respectively. Interest rate derivatives – We are exposed to interest rate risk in connection with our variable rate long-term debt and partially mitigate this risk through interest rate derivatives such as swaps and caps. In conjunction with the December 2017 refinancing of the Term Loan Facility (see Note 12 - Long-Term Debt ), we terminated all of the interest rate swaps which had outstanding notional amounts aggregating to $914.3 million and recorded a loss on termination of $3.6 million in consolidated other comprehensive income (loss), which is being amortized as interest expense over the pre-termination life of the interest rate swaps. The unamortized, pre-tax balance of this loss recorded in consolidated other comprehensive income (loss) was $0.9 million and $1.3 million at March 30, 2019 and December 31, 2018 , respectively. We recorded $0.4 million and $0.5 million of interest expense deriving from the amortization of the loss on termination of interest rate swaps during the three months ended March 30, 2019 and March 31, 2018 , respectively. During the first quarter of 2019, we entered into two interest rate cap contracts against 3-month USD LIBOR, each with a cap rate of 3.00% . These caps have a combined notional amount of $150.0 million , were effective as of March 2019 , and terminate in December 2021 . We recorded a mark-to-market loss of $0.2 million related to the interest rate caps during the three months ended March 30, 2019 . The fair values of derivative instruments held are as follows: Derivative assets (amounts in thousands) Balance Sheet Location March 30, December 31, Derivatives not designated as hedging instruments: Foreign currency forward contracts Other current assets $ 5,606 $ 8,234 Interest rate cap contracts Other assets $ 133 $ — Derivatives liabilities (amounts in thousands) Balance Sheet Location March 30, December 31, Derivatives not designated as hedging instruments: Foreign currency forward contracts Accrued expenses and other current liabilities $ 1,789 $ 1,161

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments We record financial assets and liabilities at fair value based on FASB guidance related to fair value measurements. The guidance requires fair value to be determined based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. There are three levels of inputs that may be used to measure fair value: Level 1 – Quoted prices in active markets for identical assets or liabilities. Level 2 – Quoted market-based inputs or unobservable inputs that are corroborated by market data. Level 3 – Unobservable inputs that are not corroborated by market data. The recorded carrying amounts and fair values of these instruments were as follows: March 30, 2019 (amounts in thousands) Carrying Amount Total Fair Value Level 1 Level 2 Level 3 Assets: Derivative assets, recorded in other current assets $ 5,606 $ 5,606 $ — $ 5,606 $ — Derivative assets, recorded in other assets 133 133 — 133 — Liabilities: Senior notes $ 800,000 $ 756,000 $ — $ 756,000 $ — Term loans 470,871 464,354 — 464,354 — Derivative liabilities, recorded in accrued expenses and deferred credits 1,789 1,789 — 1,789 — December 31, 2018 (amounts in thousands) Carrying Amount Total Fair Value Level 1 Level 2 Level 3 Assets: Cash equivalents $ 30 $ 30 $ — $ 30 $ — Derivative assets, recorded in other current assets 8,234 8,234 — 8,234 — Derivative assets, recorded in other assets — — — — — Liabilities: Senior notes $ 800,000 $ 692,000 $ — $ 692,000 $ — Term loans 474,058 455,545 — 455,545 — Derivative liabilities, recorded in accrued expenses and deferred credits 1,161 1,161 — 1,161 — Derivative assets and liabilities reported in level 2 include foreign currency and interest rate cap contracts. See Note 21- Derivative Financial Instruments for additional information about our derivative assets and liabilities. The non-financial assets that are measured at fair value on a non-recurring basis are presented below: March 30, 2019 (amounts in thousands) Carrying Value Total Fair Value Level 1 Level 2 Level 3 Total Losses Closed operations $ 425 $ 425 $ — $ — $ 425 $ 161 Total $ 425 $ 425 $ — $ — $ 425 $ 161 December 31, 2018 (amounts in thousands) Carrying Value Total Fair Value Level 1 Level 2 Level 3 Total Losses Continuing operations 48 48 — — 48 175 Total $ 48 $ 48 $ — $ — $ 48 $ 175

Commitment and Contingencies

Commitment and Contingencies	3 Months Ended
	Mar. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation – We are involved in various legal proceedings, claims, and government audits arising in the ordinary course of business. We record our best estimate of a loss when the loss is considered probable and the amount of such loss can be reasonably estimated. Legal judgments and estimated settlements have been included in accrued expenses in the accompanying unaudited consolidated balance sheets. When a loss is probable and there is a range of estimated loss with no best estimate within the range, we record the minimum estimated liability related to the lawsuit or claim. As additional information becomes available, we assess the potential liability related to pending litigation and claims and revise our accruals if necessary. Because of uncertainties related to the resolution of lawsuits and claims, the ultimate outcome may differ materially from our estimates. In the opinion of management and based on the liability accruals provided, other than as described below, as of March 30, 2019 , there are no current proceedings or litigation matters involving the Company or its property that we believe would have a material adverse effect on our consolidated financial position or cash flows, although they could have a material adverse effect on our operating results for a particular reporting period. Steves & Sons, Inc. vs JELD-WEN – We sell molded door skins to certain customers pursuant to long-term contracts, and these customers in turn use the molded door skins to manufacture interior doors and compete directly against us in the marketplace. We have given notice of termination of one of these contracts and, on June 29, 2016 , the counterparty to the agreement, Steves and Sons, Inc. (“Steves”) filed a claim against JWI in the U.S. District Court for the Eastern District of Virginia, Richmond Division (“Eastern District of Virginia”), alleging that our acquisition of CMI, a competitor in the molded door skins market, together with subsequent price increases and other alleged acts and omissions, violated antitrust laws and constituted a breach of contract and breach of warranty. Specifically, the complaint alleged that our acquisition of CMI substantially lessened competition in the molded door skins market. The complaint seeks declaratory relief, ordinary and treble damages, and injunctive relief, including divestiture of certain assets acquired in the CMI acquisition. In February 2018, a jury in the Eastern District of Virginia returned a verdict that was unfavorable to JWI with respect to Steves’ claims that our acquisition of CMI violated Section 7 of the Clayton Act and found that JWI breached the supply agreement between the parties. The verdict awarded Steves $12.2 million for past damages under both the Clayton Act and breach of contract claims and $46.5 million in future lost profits under the Clayton Act claim. On March 13, 2019 the presiding judge entered an Amended Final Judgment Order awarding $36.5 million in past damages under the Clayton Act (representing a trebling of the jury’s verdict) and granting divestiture of CMI, subject to appeal. The judgment also conditionally awarded damages in the event the judgment is overturned on appeal. Specifically, the court awarded $139.4 million as future antitrust damages in the event the divestiture order is overturned on appeal and $9.9 million as past contract damages in the event both the divestiture and antitrust claims are overturned on appeal. On April 12, 2019, the plaintiffs filed a petition requesting an award of their fees and a bill of costs seeking $28.4 million in attorneys’ fees and $1.7 million in costs. That petition remains pending and subject to further appeal. On April 12, 2019, JELD-WEN filed a supersedeas bond and notice of appeal of the judgment to the Fourth Circuit Court of Appeals. We continue to believe that Steves’ claims lack merit, Steves’ damages calculations are speculative and excessive, and Steves is not entitled in any event to the extraordinary remedy of divestiture. We believe that multiple pretrial and trial rulings were erroneous and improperly limited the Company’s defenses, and that the judgment in accordance with the verdict was improper for several reasons under applicable law. However, based upon the recent rulings described above, the Company has recorded a charge of $76.5 million associated with this loss contingency. The judgment, if ultimately upheld after exhaustion of our appellate remedies, could have a material adverse effect on our financial position, operating results, or cash flows, particularly for the reporting period in which a loss is recorded. Because the operations acquired from CMI have been fully integrated into the Company’s other operations, divestiture of those operations would be difficult if not impossible and, therefore, it is not possible to estimate the cost of any final divestiture order or the extent to which such an order would have a material adverse effect on our financial position, operating results or cash flows. During the course of the proceedings in the Eastern District of Virginia, we discovered certain facts that led us to conclude that Steves, its principals and certain former employees of the Company had misappropriated Company trade secrets, violated the terms of various agreements between the Company and those parties and violated other laws. On May 11, 2018, a jury in the Eastern District of Virginia returned a verdict on our trade secrets claims against Steves and awarded damages in the amount of $1.2 million . The presiding judge entered a judgment in our favor for those damages and the entire amount has been paid by Steves. On November 30, 2018, the presiding judge denied our request for a permanent injunction. Our other claims remain pending in Bexar County, Texas. In Re: Interior Molded Doors Antitrust Litigation – On October 19, 2018, Grubb Lumber Company, on behalf of itself and others similarly situated, filed a putative class action lawsuit against us and one of our competitors in the doors market, Masonite Corporation (“Masonite”), in the Eastern District of Virginia. We subsequently received additional complaints from and on behalf of direct and indirect purchasers of interior molded doors. The suits have been consolidated into two separate actions, a Direct Purchaser Action and an Indirect Purchaser Action. The suits allege that Masonite and we violated Section 1 of the Sherman Act, and in the Indirect Purchaser Action, related state law antitrust and consumer protection laws, by engaging in a scheme to artificially raise, fix, maintain or stabilize the prices of interior molded doors in the United States. The complaints seek unquantified ordinary and treble damages, declaratory relief, interest, costs and attorneys’ fees. The Company believes the claims lack merit and intends to vigorously defend against the actions. At this early stage of the proceedings, we are unable to conclude that a loss is probable or to estimate the potential magnitude of any loss in the matters, although a loss could have a material adverse effect on our operating results, consolidated financial position or cash flows. Self-Insured Risk – We self-insure substantially all of our domestic business liability risks including general liability, product liability, warranty, personal injury, auto liability, workers’ compensation and employee medical benefits. Excess insurance policies from independent insurance companies generally cover exposures between $3.0 million and $250.0 million for domestic product liability risk and exposures between $0.5 million and $250.0 million for auto, general liability, personal injury and workers’ compensation. We have no stop-gap coverage on claims covered by our self-insured domestic employee medical plan and are responsible for all claims thereunder. We estimate our provision for self-insured losses based upon an evaluation of current claim exposure and historical loss experience. Actual self-insurance losses may vary significantly from these estimates. At March 30, 2019 and December 31, 2018 , our accrued liability for self-insured risks was $72.2 million and $73.8 million , respectively. Indemnifications – At March 30, 2019 , we had commitments related to certain representations made in contracts for the purchase or sale of businesses or property. These representations primarily relate to past actions such as responsibility for transfer taxes if they should be claimed, and the adequacy of recorded liabilities, warranty matters, employment benefit plans, income tax matters or environmental exposures. These guarantees or indemnification responsibilities typically expire within one to three years . We are not aware of any material amounts claimed or expected to be claimed under these indemnities. From time to time and in limited geographic areas, we have entered into agreements for the sale of our products to certain customers that provide additional indemnifications for liabilities arising from construction or product defects. We cannot estimate the potential magnitude of such exposures, but to the extent specific liabilities have been identified related to product sales, liabilities have been provided in the warranty accrual in the accompanying unaudited consolidated balance sheets. Performance Bonds and Letters of Credit – At times, we are required to provide letters of credit, surety bonds or guarantees to customers, vendors and others. Stand-by letters of credit are provided to certain customers and counterparties in the ordinary course of business as credit support for contractual performance guarantees, advanced payments received from customers and future funding commitments. The outstanding performance bonds and stand-by letters of credit were as follows: (amounts in thousands) March 30, December 31, Self-insurance workers’ compensation $ 24,122 $ 22,312 Environmental 8,487 14,552 Liability and other insurance 16,678 18,988 Other 6,668 10,870 Total outstanding performance bonds and stand-by letters of credit $ 55,955 $ 66,722 Environmental Contingencies – We periodically incur environmental liabilities associated with remediating our current and former manufacturing sites as well as penalties for not complying with environmental rules and regulations. We record a liability for remediation costs when it is probable that we will be responsible for such costs and the costs can be reasonably estimated. These environmental liabilities are estimated based on current available facts and current laws and regulations. Accordingly, it is likely that adjustments to the estimated liabilities will be necessary as additional information becomes available. Short-term environmental liabilities and settlements are recorded in accrued expenses in the accompanying unaudited consolidated balance sheets and totaled $0.8 million at March 30, 2019 and $0.5 million at December 31, 2018 . Long-term environmental liabilities are recorded in deferred credits and other liabilities in the accompanying unaudited consolidated balance sheets. No long-term environmental liabilities were recorded at either March 30, 2019 or December 31, 2018 . Everett, Washington WADOE Action – In 2008 , we entered into an Agreed Order with the WADOE to assess historic environmental contamination and remediation feasibility at our former manufacturing site in Everett, Washington. As part of this agreement, we also agreed to develop a CAP, arising from the feasibility assessment. We are currently working with WADOE to finalize our RI/FS (Remedial Investigation and Feasibility Study), and, once final, we will develop the CAP. We estimate the remaining cost to complete our RI/FS and develop the CAP at $0.5 million , which we have fully accrued. However, because we cannot at this time reasonably estimate the cost associated with any remedial actions we would be required to undertake, we have not provided accruals for any remedial action in our accompanying unaudited consolidated financial statements. Towanda, Pennsylvania Consent Order – In 2015, we entered into a COA with the PaDEP to remove a pile of wood fiber waste from our site in Towanda, Pennsylvania, which we acquired in connection with our acquisition of CMI in 2013, by using it as fuel for a boiler at that site. The COA replaced a 1995 Consent Decree between CMI’s predecessor Masonite, Inc. and PaDEP. Under the COA, we are required to achieve certain periodic removal objectives and ultimately remove the entire pile by August 31, 2022 . There are currently $2.3 million in bonds posted in connection with these obligations. If we are unable to remove this pile by August 31, 2022 , then the bonds will be forfeited and we may be subject to penalties by PaDEP. We currently anticipate meeting all applicable removal deadlines; however, if our operations at this site decrease and we burn less fuel than currently anticipated, we may not be able to meet such deadlines.

Employee Retirement and Pension

Employee Retirement and Pension Benefits	3 Months Ended
	Mar. 30, 2019
Retirement Benefits [Abstract]
Employee Retirement and Pension Benefits	Employee Retirement and Pension Benefits U.S. Defined Benefit Pension Plan – Certain U.S. hourly employees participate in our defined benefit pension plan. The plan is not open to new employees. Pension expense, as recorded in the accompanying unaudited consolidated statements of operations, is determined by using spot rate assumptions made on January 1 of each year as summarized below: Three Months Ended (amounts in thousands) March 30, March 31, Components of pension benefit expense - U.S. benefit plan: Administrative cost $ 1,250 $ 825 Interest cost 3,725 3,350 Expected return on plan assets (4,650 ) (4,525 ) Amortization of net actuarial pension loss 2,225 3,000 Pension benefit expense $ 2,550 $ 2,650 During the three months ended March 30, 2019 , we made required contributions to our U.S. defined benefit pension plan or (“the Plan”) of $1.4 million . During the three months ended March 31, 2018 , there were no required contributions to the Plan. We did not make any voluntary contributions during any of the periods described above. During fiscal year 2019, we expect to make additional cash contributions to the Plan of approximately $6.4 million .

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	3 Months Ended
	Mar. 30, 2019
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	Supplemental Cash Flow Information Three Months Ended (amounts in thousands) March 30, March 31, Cash Operating Activities: Operating leases $ 13,453 $ — Finance leases 12 — Cash paid for amounts included in the measurement of lease liabilities $ 13,465 $ — Non-cash Investing Activities: Property, equipment and intangibles purchased in accounts payable $ 8,130 $ 4,460 Property, equipment and intangibles purchased for debt 9,683 384 Customer accounts receivable converted to notes receivable 66 80 Cash Financing Activities: Proceeds from issuance of new debt, net of discount $ — $ 38,823 Borrowings on long-term debt 115,027 76,906 Payments of long-term debt (7,706 ) (3,941 ) Payments of debt issuance and extinguishment costs, including underwriting fees — (78 ) Change in long-term debt $ 107,321 $ 111,710 Cash paid for amounts included in the measurement of finance lease liabilities $ 52 $ — Non-cash Financing Activities: Prepaid insurance funded through short-term debt borrowings $ 1,189 $ — Prepaid ERP costs funded through short-term debt borrowings 1,430 — Shares surrendered for tax obligations for employee share-based transactions in accrued liabilities 30 201 Accounts payable converted to installment notes 286 — Other Supplemental Cash Flow Information: Cash taxes paid, net of refunds $ 5,881 $ 11,165 Cash interest paid 7,902 5,126

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On May XX, 2019, we signed a definitive agreement to sell a non-core business in the North America segment. The buyer group includes a member of our Board of Directors. We expect the transaction to close in the second quarter of 2019 f or approximately $6.5 million .

Description of Company and Su_2

Description of Company and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation – The accompanying unaudited consolidated financial statements as of March 30, 2019 and for the three months ended March 30, 2019 and March 31, 2018 , respectively, have been prepared in accordance with GAAP for interim financial information and pursuant to the rules and regulations of the SEC. In the opinion of management, the unaudited consolidated financial statements have been prepared on the same basis as the audited financial statements, and include all adjustments, consisting only of normal recurring adjustments, necessary for the fair statement of the Company’s financial position for the periods presented. The results for the three months ended March 30, 2019 are not necessarily indicative of the results to be expected for the year ending December 31, 2019 , or any other period. The accompanying consolidated balance sheet as of December 31, 2018 was derived from audited financial statements included in the Company’s Form 10-K. The accompanying consolidated financial statements do not include all of the information and footnotes required by GAAP for annual financial statements. Accordingly, they should be read in conjunction with the audited financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2018 . Certain prior year amounts have been reclassified to conform to current year presentation.
Fiscal Year	Fiscal Year – We operate on a fiscal calendar year, and each interim quarter is comprised of two 4 -week periods and one 5 -week period, with each week ending on a Saturday. Our fiscal year always begins on January 1 and ends on December 31. As a result, our first and fourth quarters may have more or fewer days included than a traditional 91 -day fiscal quarter.
Use of Estimates	Use of Estimates – The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect amounts reported in the unaudited consolidated financial statements and related notes. Significant items that are subject to such estimates and assumptions include, but are not limited to, long-lived assets including goodwill and other intangible assets, employee benefit obligations, income tax uncertainties, contingent assets and liabilities, provisions for bad debt, inventory, warranty liabilities, legal claims, valuation of derivatives, environmental remediation and claims relating to self-insurance. Actual results could differ due to the uncertainty inherent in the nature of these estimates.
Recently Adopted Accounting Standards and Recent Accounting Standards Not Yet Adopted	Recently Adopted Accounting Standards – In August 2018, the FASB issued ASU No. 2018-15, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract, which clarifies the accounting treatment for implementation costs for cloud computing arrangements (hosting arrangements) that are service contracts with the requirement for capitalizing implementation costs incurred to develop or acquire internal-use-software. We early adopted this standard in the first quarter of 2019 on a prospective basis. The adoption did not have a material impact to the unaudited consolidated financial statements or related disclosures. In June 2018, the FASB issued ASU No. 2018-07 - Compensation - Stock Compensation (Topic 718) Improvements to Non-employee Share-Based Payment Accounting, which simplifies the accounting for share-based payments granted to nonemployees for goods and services. Under ASU No. 2018-07, most of the guidance on such payments to non-employees would be aligned with the requirements for share-based payments granted to employees. We adopted this standard in the first quarter of 2019 and the adoption did not have an impact on our unaudited consolidated financial statements or related disclosures. In February 2018, the FASB issued ASU No. 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, which allows a reclassification from accumulated other comprehensive income (loss) to retained earnings for stranded tax effects resulting from the Tax Act. We have chosen not to make any reclassifications under this standard. In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities . The targeted amendments help simplify certain aspects of hedge accounting and result in a more accurate portrayal of the economics of an entity’s risk management activities in its financial statements. For cash flow and net investment hedges as of the adoption date, the guidance requires a modified retrospective approach. In October 2018, the FASB issued ASU No. 2018-16, ASU 2018-16, Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes, which adds the overnight index swap rate (OIS) rate based on the secured overnight financing rate as a fifth U.S. benchmark interest rate. We adopted this standard in the first quarter of 2019 and it did not have an impact on our unaudited consolidated financial statements or related disclosures. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Section A - Leases: Amendments to the FASB Accounting Standards Codification . The standard requires lessees to recognize the assets and liabilities arising from leases on the balance sheet and retains a distinction between finance leases and operating leases. The classification criteria for distinguishing between finance leases and operating leases are substantially similar to the classification criteria for distinguishing between capital leases and operating leases in the previous lease guidance. We adopted this standard in the first quarter of 2019 including the practical expedients outlined in ASU 2018-01, Leases (Topic 842) Land Easement Practical Expedient for transition to ASC 842 , the additional transition method outlined in ASU 2018-11, Leases (Topic 842) Targeted Improvements, and the accounting policy election outlined in ASU 2018-20, Leases (Topic 842) Narrow-scope Improvements for Lessors . The adoption of the standard has had a significant impact on our unaudited consolidated balance sheet due to the recognition of approximately $195 million of lease liabilities with corresponding right-of-use assets for operating leases. Additionally, we recognized a $0.8 million cumulative effect adjustment credit, net of tax, to retained earnings. The adjustment to retained earnings was driven by a build-to-suit capital lease that transitioned to an operating lease under the new standard. The deferred tax impact on adoption was immaterial. Recent Accounting Standards Not Yet Adopted –In August 2018, the FASB issued ASU No. 2018-14, Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20): Disclosure Framework - Changes to the Disclosure Requirements for Defined Benefit Plans, which adds, modifies and clarifies several disclosure requirements for employers that sponsor defined benefit pension or other post retirement plans. This guidance is effective for fiscal years ending after December 15, 2020. Early adoption is permitted. We are currently assessing the effect that this ASU will have on our disclosures. In August 2018, the FASB issued ASU No. 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement, which adds, modifies and removes several disclosure requirements relative to the three levels of inputs used to measure fair value in accordance with Topic 820, Fair Value Measurement . This guidance is effective for fiscal years beginning after December 15, 2019, including interim periods within that fiscal year. Early adoption is permitted. We are currently assessing the effect that this ASU will have on our disclosures. In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment . To simplify the measurement of goodwill impairments, this ASU eliminates Step 2 from the goodwill impairment test, which required the calculation of the implied fair value of goodwill. Instead, under the amendments in this ASU, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. The guidance will be effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The adoption of this guidance is not expected to have a material impact on our unaudited consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The standard requires the measurement and recognition of expected credit losses for financial assets held at amortized cost and adds an impairment model that is based on expected losses rather than incurred losses. This guidance is effective for fiscal years beginning after December 15, 2019. Early adoption is permitted. We are currently assessing the effect that this ASU will have on internal processes and our disclosures.

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Mar. 30, 2019
Business Combinations [Abstract]
Fair Values of Assets and Liabilities Acquired	The preliminary fair values of the assets and liabilities acquired of this acquisition are summarized below: (amounts in thousands) Preliminary Allocation Fair value of identifiable assets and liabilities: Accounts receivable $ 11,417 Inventories 2,555 Other current assets 261 Property and equipment 3,166 Identifiable intangible assets 17,702 Operating lease assets, net 3,739 Goodwill 26,553 Other assets 10 Total assets $ 65,403 Accounts payable 2,629 Other current liabilities 1,875 Operating lease liability 3,413 Total liabilities $ 7,917 Purchase price: Cash consideration, net of cash acquired $ 57,486 The fair values of the assets and liabilities acquired of the completed acquisitions are summarized below: (amounts in thousands) Preliminary Allocation Measurement Period Adjustment Revised Preliminary Allocation Fair value of identifiable assets and liabilities: Accounts receivable $ 58,714 $ (2,079 ) $ 56,635 Inventories 97,305 (8,069 ) 89,236 Other current assets 14,910 (6,137 ) 8,773 Property and equipment 53,128 26,170 79,298 Identifiable intangible assets 70,057 (1,363 ) 68,694 Goodwill 64,950 (4,330 ) 60,620 Other assets 7,283 (3,528 ) 3,755 Total assets $ 366,347 $ 664 $ 367,011 Accounts payable 29,512 $ (6,097 ) $ 23,415 Current maturities of long-term debt 17,278 803 18,081 Other current liabilities 27,595 4,496 32,091 Long-term debt 47,369 5,129 52,498 Other liabilities 17,735 (2,588 ) 15,147 Non-controlling interest (184 ) 235 51 Total liabilities $ 139,305 $ 1,978 $ 141,283 Purchase price: — Cash consideration, net of cash acquired $ 169,002 $ (1,314 ) $ 167,688 Contingent consideration 3,898 — 3,898 Gain on previously held shares 20,767 — 20,767 Existing investment in acquired entity 33,483 — 33,483 Non-cash consideration related to acquired intercompany balances (108 ) — (108 ) Total consideration, net of cash acquired $ 227,042 $ (1,314 ) $ 225,728

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 30, 2019
Inventory Disclosure [Abstract]
Schedule of Inventory	(amounts in thousands) March 30, December 31, Raw materials $ 378,770 $ 371,168 Work in process 42,317 42,822 Finished goods 126,888 99,248 Total inventories $ 547,975 $ 513,238

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	3 Months Ended
	Mar. 30, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	(amounts in thousands) March 30, December 31, Property and equipment $ 1,979,534 $ 1,982,301 Accumulated depreciation (1,152,921 ) (1,138,898 ) Total property and equipment, net $ 826,613 $ 843,403 Depreciation expense was recorded as follows: Three Months Ended (amounts in thousands) March 30, March 31, Cost of sales $ 20,669 $ 19,983 Selling, general and administrative 2,407 1,998 Total depreciation expense $ 23,076 $ 21,981

Goodwill (Tables)

Goodwill (Tables)	3 Months Ended
	Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table summarizes the changes in goodwill by reportable segment: (amounts in thousands) North America Europe Australasia Total Reportable Segments Balance as of January 1 $ 223,562 $ 279,688 $ 82,692 $ 585,942 Acquisitions - preliminary allocation 26,553 — — 26,553 Acquisition remeasurements 1,518 — (1,248 ) 270 Currency translation 126 (5,098 ) 655 (4,317 ) Balance at end of period $ 251,759 $ 274,590 $ 82,099 $ 608,448

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	3 Months Ended
	Mar. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The cost and accumulated amortization values of our intangible assets were as follows: (amounts in thousands) March 30, 2019 Cost Accumulated Amortization Net Book Value Customer relationships and agreements $ 142,678 $ (47,230 ) $ 95,448 Software 72,592 (13,714 ) 58,878 Trademarks and trade names 65,926 $ (5,799 ) $ 60,127 Patents, licenses and rights 48,437 (13,581 ) 34,856 Total amortizable intangibles $ 329,633 $ (80,324 ) $ 249,309 (amounts in thousands) December 31, 2018 Cost Accumulated Amortization Net Book Value Customer relationships and agreements $ 134,999 $ (45,418 ) $ 89,581 Software 62,147 (14,053 ) 48,094 Trademarks and trade names 57,513 (5,050 ) 52,463 Patents, licenses and rights 47,804 (12,389 ) 35,415 Total amortizable intangibles $ 302,463 $ (76,910 ) $ 225,553
Finite-lived Intangible Assets Amortization Expense	Intangible assets that become fully amortized are removed from the accounts in the period that they become fully amortized. Amortization expense was recorded as follows: Three Months Ended (amounts in thousands) March 30, March 31, Amortization expense $ 5,663 $ 4,702

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 30, 2019
Leases [Abstract]
Lease Balance Sheet Location	(amounts in thousands) Balance Sheet Location March 30, Assets Operating Operating lease assets, net $ 192,704 Finance Property and equipment, net (1) 572 Total lease assets $ 193,276 Liabilities Current Operating Accrued expense and other current liabilities $ 41,998 Finance Current maturities of long-term debt 265 Noncurrent Operating Operating lease liability 155,601 Finance Long-term debt 352 Total lease liability $ 198,216 (1) Finance lease assets are recorded net of accumulated depreciation of $0.6 million as of March 30, 2019 . During the three months ended March 30, 2019 we obtained $4.9 million in right-of-use assets in exchange for operating lease liabilities. Lease Cost (amounts in thousands) March 30, Operating $ 14,259 Short term 2,723 Variable 1,659 Low value 787 Finance 12 Total lease costs $ 19,440
Lease, Cost	Lease Cost (amounts in thousands) March 30, Operating $ 14,259 Short term 2,723 Variable 1,659 Low value 787 Finance 12 Total lease costs $ 19,440 March 30, Weighted average remaining lease terms (years): Operating 6.8 Finance 2.7 Weighted average discount rate: Operating 4.0% Finance 8.4%
Finance Lease, Liability, Maturity	Maturities of Lease Liabilities March 30, 2019 (amounts in thousands) Operating Leases (1) Finance Leases Total 2019 (remaining nine months) $ 39,285 $ 216 $ 39,501 2020 47,249 249 47,498 2021 34,666 172 34,838 2022 27,403 51 27,454 2023 22,330 6 22,336 Thereafter 65,782 2 65,784 Total lease payments 236,715 696 237,411 Less: Interest 39,116 79 39,195 Present value of lease liability $ 197,599 $ 617 $ 198,216 (1) Operating lease payments include $0.6 million related to options to extend lease terms that are reasonably certain of being exercised.
Operating Lease, Liability, Maturity	Maturities of Lease Liabilities March 30, 2019 (amounts in thousands) Operating Leases (1) Finance Leases Total 2019 (remaining nine months) $ 39,285 $ 216 $ 39,501 2020 47,249 249 47,498 2021 34,666 172 34,838 2022 27,403 51 27,454 2023 22,330 6 22,336 Thereafter 65,782 2 65,784 Total lease payments 236,715 696 237,411 Less: Interest 39,116 79 39,195 Present value of lease liability $ 197,599 $ 617 $ 198,216 (1) Operating lease payments include $0.6 million related to options to extend lease terms that are reasonably certain of being exercised.
Operating Lease Future Minimum Lease Payments Before Adoption	As of December 31, 2018 future minimum lease payment obligations under operating and capital leases were as follows: Maturities of Lease Liabilities December 31, 2018 (amounts in thousands) Operating Leases Capital Leases (1) Total 2019 $ 49,128 $ 287 $ 49,415 2020 43,794 310 44,104 2021 30,885 268 31,153 2022 24,020 192 24,212 2023 19,352 225 19,577 Thereafter 33,943 23,967 57,910 $ 201,122 $ 25,249 $ 226,371 (1) As of December 31, 2018 capital leases included maturities of approximately $24.5 million related to a build-to-suit lease that transitioned to operating lease under the new standard.
Capital Lease Future Minimum Lease Payments Before Adoption	As of December 31, 2018 future minimum lease payment obligations under operating and capital leases were as follows: Maturities of Lease Liabilities December 31, 2018 (amounts in thousands) Operating Leases Capital Leases (1) Total 2019 $ 49,128 $ 287 $ 49,415 2020 43,794 310 44,104 2021 30,885 268 31,153 2022 24,020 192 24,212 2023 19,352 225 19,577 Thereafter 33,943 23,967 57,910 $ 201,122 $ 25,249 $ 226,371 (1) As of December 31, 2018 capital leases included maturities of approximately $24.5 million related to a build-to-suit lease that transitioned to operating lease under the new standard.

Other Assets (Tables)

Other Assets (Tables)	3 Months Ended
	Mar. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	(amounts in thousands) March 30, 2019 December 31, 2018 Customer displays $ 14,745 $ 15,069 Other prepaid expenses 7,303 5,331 Deposits 6,521 6,627 Long-term notes receivable 4,891 4,902 Overfunded pension benefit obligation 1,577 1,517 Other long-term accounts receivable 1,489 1,451 Debt issuance costs on unused portion of revolver facility 928 1,552 Long-term taxes receivable 800 800 Other long-term assets 490 366 Total other assets $ 38,744 $ 37,615

Accrued Expenses and Other Cu_2

Accrued Expenses and Other Current Liabilities (Tables)	3 Months Ended
	Mar. 30, 2019
Payables and Accruals [Abstract]
Schedule of Accrued Expenses and Other Current Liabilities	(amounts in thousands) March 30, 2019 December 31, 2018 Current portion of legal claims provision $ 79,350 $ 79,356 Accrued sales and advertising rebates 55,060 69,199 Current portion of operating lease liability (Note 8) 41,998 — Accrued expenses 30,876 25,434 Non-income related taxes 30,671 21,643 Current portion of warranty liability (Note 11) 20,272 20,529 Accrued interest payable 11,715 2,016 Current portion of accrued claim costs relating to self-insurance programs 11,235 12,319 Current portion of deferred revenue (Note 16) 10,928 9,854 Current portion of accrued income taxes payable 7,409 2,128 Current portion of restructuring accrual (Note 19) 5,440 6,635 Current portion of derivative liability (Note 21) 1,789 1,161 Total accrued expenses and other current liabilities $ 306,743 $ 250,274

Warranty Liability (Tables)

Warranty Liability (Tables)	3 Months Ended
	Mar. 30, 2019
Product Warranties Disclosures [Abstract]
Analysis of Warranty Liability	An analysis of our warranty liability is as follows: (amounts in thousands) March 30, 2019 March 31, 2018 Balance as of January 1 $ 46,468 $ 46,256 Current period expense 4,344 6,049 Liabilities assumed due to acquisition 79 1,541 Experience adjustments 904 336 Payments (5,602 ) (6,830 ) Currency translation 106 (124 ) Balance at period end 46,299 47,228 Current portion (20,272 ) (20,843 ) Long-term portion $ 26,027 $ 26,385

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
	Mar. 30, 2019
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Our long-term debt, net of original issue discount and unamortized debt issuance costs, consisted of the following: (amounts in thousands) March 30, 2019 Interest Rate March 30, December 31, Senior notes 4.63% - 4.88% $ 800,000 $ 800,000 Term loans 1.30% - 4.80% 470,871 474,058 Revolving credit facilities 3.98% - 6.00% 199,247 85,000 Finance leases and other financing arrangements 1.90% - 6.38% 84,528 98,914 Mortgage notes 1.65% 29,430 30,375 Installment notes for stock 5.50% 205 962 Unamortized debt issuance costs (11,550 ) (11,417 ) 1,572,731 1,477,892 Current maturities of long-term debt (55,603 ) (54,930 ) Long-term debt $ 1,517,128 $ 1,422,962

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 30, 2019
Segment Reporting [Abstract]
Schedule of Segment Reportable Segments, by Segment	The following tables set forth certain information relating to our segments’ operations. (amounts in thousands) North America Europe Australasia Total Operating Segments Corporate and Unallocated Costs Total Consolidated Three Months Ended March 30, 2019 Total net revenues $ 566,347 $ 299,993 $ 146,520 $ 1,012,860 $ — $ 1,012,860 Intersegment net revenues (596 ) (27 ) (1,331 ) (1,954 ) — (1,954 ) Net revenues from external customers $ 565,751 $ 299,966 $ 145,189 $ 1,010,906 $ — $ 1,010,906 Impairment and restructuring charges 1,958 1,309 465 3,732 (13 ) 3,719 Adjusted EBITDA 53,540 28,169 16,426 98,135 (7,536 ) 90,599 Three Months Ended March 31, 2018 Total net revenues $ 498,333 $ 302,469 $ 148,700 $ 949,502 $ — $ 949,502 Intersegment net revenues (392 ) (782 ) (2,149 ) (3,323 ) — (3,323 ) Net revenues from external customers $ 497,941 $ 301,687 $ 146,551 $ 946,179 $ — $ 946,179 Impairment and restructuring charges 2,756 248 1,340 4,344 (1,370 ) 2,974 Adjusted EBITDA 47,035 33,807 16,742 97,584 (9,752 ) 87,832
Reconciliation of Net Income to Adjusted EBITDA	Reconciliations of net income to Adjusted EBITDA are as follows: Three Months Ended (amounts in thousands) March 30, 2019 March 31, 2018 Net income $ 16,553 $ 40,271 Equity earnings of non-consolidated entities — (738 ) Income tax expense (benefit) 10,337 (4,025 ) Depreciation and amortization 30,898 28,459 Interest expense, net 17,656 15,661 Impairment and restructuring charges 3,719 2,974 Gain on previously held shares of equity investment — (20,767 ) Loss (gain) on sale of property and equipment 582 (86 ) Share-based compensation expense 2,596 1,951 Non-cash foreign exchange transaction/translation loss (income) (3,425 ) 3,881 Other items (1) 11,683 20,251 Adjusted EBITDA $ 90,599 $ 87,832 (1) Other non-recurring items not core to on-going business activity include: (i) in the three months ended March 30, 2019 (1) $5,211 in facility closure and consolidation costs related to our facility footprint rationalization program, (2) $2,677 in acquisition related costs, (3) $733 in legal costs and (4) $1,914 of other non-cash items; and (ii) in the three months ended March 31, 2018 (1) $13,560 in legal costs, (2) $2,550 in acquisition costs, (3) $2,401 in costs related to the departure of the former CEO.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 30, 2019
Revenue from Contract with Customer [Abstract]
Deferred Revenue	Significant changes in the deferred revenue balances during the period are as follows: (amounts in thousands) March 30, March 31, Balance as of January 1 $ 9,854 $ 9,970 Increases due to cash received 23,413 27,470 Currency translation 35 (158 ) Liabilities assumed due to acquisition — 1,235 Revenue recognized during the period (22,374 ) (25,471 ) Balance at period end $ 10,928 $ 13,046

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 30, 2019
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Earnings Per Share	The basic and diluted income per share calculations are presented below : Three Months Ended (amounts in thousands, except share and per share amounts) March 30, March 31, Earnings per share basic: Income from continuing operations $ 16,553 $ 39,533 Equity earnings of non-consolidated entities — 738 Income from continuing operations and equity earnings of non-consolidated entities 16,553 40,271 Net (income) loss attributable to non-controlling interest (16 ) 6 Net income attributable to common shareholders $ 16,569 $ 40,265 Weighted average outstanding shares of common stock basic 100,643,509 106,146,655 Net income per share - basic $ 0.16 $ 0.38 Three Months Ended (amounts in thousands, except share and per share amounts) March 30, March 31, Earnings per share diluted: Net income attributable to common shareholders - basic and diluted $ 16,569 $ 40,265 Weighted average outstanding shares of common stock basic 100,643,509 106,146,655 Restricted stock units, performance share units and options to purchase common stock 817,784 2,721,145 Weighted average outstanding shares of common stock diluted 101,461,293 108,867,800 Net income per share - diluted $ 0.16 $ 0.37
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following table provides the securities that could potentially dilute basic earnings per share in the future, but were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive: Three Months Ended March 30, March 31, Common stock options 1,685,101 250,612 Restricted stock units 449,547 20,337 Performance share units 147,552 —

Stock Compensation (Tables)

Stock Compensation (Tables)	3 Months Ended
	Mar. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Option Activity Rollforward	The activity under our incentive plans for the periods presented are reflected in the following tables: Three Months Ended March 30, 2019 March 31, 2018 Shares Weighted Average Exercise Price Per Share Shares Weighted Average Exercise Price Per Share Options granted 424,944 $ 20.94 612,789 $ 33.25 Options canceled 108,337 $ 23.81 332,180 $ 18.56 Options exercised 203,545 $ 7.80 406,280 $ 12.70 Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value RSUs granted 573,815 $ 20.94 438,591 $ 32.55 PSUs granted 387,568 $ 20.94 109,537 $ 33.34
RSU and PSU Activity Rollforward	The activity under our incentive plans for the periods presented are reflected in the following tables: Three Months Ended March 30, 2019 March 31, 2018 Shares Weighted Average Exercise Price Per Share Shares Weighted Average Exercise Price Per Share Options granted 424,944 $ 20.94 612,789 $ 33.25 Options canceled 108,337 $ 23.81 332,180 $ 18.56 Options exercised 203,545 $ 7.80 406,280 $ 12.70 Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value RSUs granted 573,815 $ 20.94 438,591 $ 32.55 PSUs granted 387,568 $ 20.94 109,537 $ 33.34

Impairment and Restructuring _2

Impairment and Restructuring Charges (Tables)	3 Months Ended
	Mar. 30, 2019
Restructuring and Related Activities [Abstract]
Impairment and Restructuring Costs	The table below summarizes the amounts included in impairment and restructuring charges in the accompanying unaudited consolidated statements of operations: Three Months Ended (amounts in thousands) March 30, March 31, Closed operations $ 1,613 $ — Continuing operations 21 636 Impairments $ 1,634 $ 636 Restructuring charges, net of fair value adjustment gains 2,085 2,338 Total impairment and restructuring charges $ 3,719 $ 2,974
Schedule of Restructuring Reserve by Type of Cost	The following is a summary of the restructuring accruals recorded and charges incurred: (amounts in thousands) Beginning Accrual Balance Additions Charged to Expense Payments or Utilization Ending Accrual Balance March 30, 2019 Severance costs $ 5,353 $ 1,878 $ (4,003 ) $ 3,228 Other exit costs 3,287 207 (411 ) 3,083 Total $ 8,640 $ 2,085 $ (4,414 ) $ 6,311 March 31, 2018 Severance costs $ 7,232 $ 2,408 $ (4,568 ) $ 5,072 Lease obligations and other exit costs 3,807 (70 ) (1,165 ) 2,572 Total $ 11,039 $ 2,338 $ (5,733 ) $ 7,644

Other (Income) Expense (Tables)

Other (Income) Expense (Tables)	3 Months Ended
	Mar. 30, 2019
Other Income and Expenses [Abstract]
Schedule of Other (Income) Expense	The table below summarizes the amounts included in other (income) expense in the accompanying unaudited consolidated statements of operations: Three Months Ended (amounts in thousands) March 30, 2019 March 31, 2018 Foreign currency (gains) losses $ (5,034 ) $ 4,986 Legal settlement income (1,247 ) (9 ) Pension benefit expense 2,748 3,134 Other items 338 (348 ) Total other (income) expense $ (3,195 ) $ 7,763

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The fair values of derivative instruments held are as follows: Derivative assets (amounts in thousands) Balance Sheet Location March 30, December 31, Derivatives not designated as hedging instruments: Foreign currency forward contracts Other current assets $ 5,606 $ 8,234 Interest rate cap contracts Other assets $ 133 $ — Derivatives liabilities (amounts in thousands) Balance Sheet Location March 30, December 31, Derivatives not designated as hedging instruments: Foreign currency forward contracts Accrued expenses and other current liabilities $ 1,789 $ 1,161

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The recorded carrying amounts and fair values of these instruments were as follows: March 30, 2019 (amounts in thousands) Carrying Amount Total Fair Value Level 1 Level 2 Level 3 Assets: Derivative assets, recorded in other current assets $ 5,606 $ 5,606 $ — $ 5,606 $ — Derivative assets, recorded in other assets 133 133 — 133 — Liabilities: Senior notes $ 800,000 $ 756,000 $ — $ 756,000 $ — Term loans 470,871 464,354 — 464,354 — Derivative liabilities, recorded in accrued expenses and deferred credits 1,789 1,789 — 1,789 — December 31, 2018 (amounts in thousands) Carrying Amount Total Fair Value Level 1 Level 2 Level 3 Assets: Cash equivalents $ 30 $ 30 $ — $ 30 $ — Derivative assets, recorded in other current assets 8,234 8,234 — 8,234 — Derivative assets, recorded in other assets — — — — — Liabilities: Senior notes $ 800,000 $ 692,000 $ — $ 692,000 $ — Term loans 474,058 455,545 — 455,545 — Derivative liabilities, recorded in accrued expenses and deferred credits 1,161 1,161 — 1,161 —
Fair Value Measurements, Nonrecurring	The non-financial assets that are measured at fair value on a non-recurring basis are presented below: March 30, 2019 (amounts in thousands) Carrying Value Total Fair Value Level 1 Level 2 Level 3 Total Losses Closed operations $ 425 $ 425 $ — $ — $ 425 $ 161 Total $ 425 $ 425 $ — $ — $ 425 $ 161 December 31, 2018 (amounts in thousands) Carrying Value Total Fair Value Level 1 Level 2 Level 3 Total Losses Continuing operations 48 48 — — 48 175 Total $ 48 $ 48 $ — $ — $ 48 $ 175

Commitment and Contingencies (T

Commitment and Contingencies (Tables)	3 Months Ended
	Mar. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Schedule of Outstanding Performance Bonds and Stand-by Letter of Credit	The outstanding performance bonds and stand-by letters of credit were as follows: (amounts in thousands) March 30, December 31, Self-insurance workers’ compensation $ 24,122 $ 22,312 Environmental 8,487 14,552 Liability and other insurance 16,678 18,988 Other 6,668 10,870 Total outstanding performance bonds and stand-by letters of credit $ 55,955 $ 66,722

Employee Retirement and Pensi_2

Employee Retirement and Pension Benefits (Tables)	3 Months Ended
	Mar. 30, 2019
U.S.
Defined Benefit Plan Disclosure
Schedule of Net Benefit Costs	Pension expense, as recorded in the accompanying unaudited consolidated statements of operations, is determined by using spot rate assumptions made on January 1 of each year as summarized below: Three Months Ended (amounts in thousands) March 30, March 31, Components of pension benefit expense - U.S. benefit plan: Administrative cost $ 1,250 $ 825 Interest cost 3,725 3,350 Expected return on plan assets (4,650 ) (4,525 ) Amortization of net actuarial pension loss 2,225 3,000 Pension benefit expense $ 2,550 $ 2,650

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	3 Months Ended
	Mar. 30, 2019
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	Three Months Ended (amounts in thousands) March 30, March 31, Cash Operating Activities: Operating leases $ 13,453 $ — Finance leases 12 — Cash paid for amounts included in the measurement of lease liabilities $ 13,465 $ — Non-cash Investing Activities: Property, equipment and intangibles purchased in accounts payable $ 8,130 $ 4,460 Property, equipment and intangibles purchased for debt 9,683 384 Customer accounts receivable converted to notes receivable 66 80 Cash Financing Activities: Proceeds from issuance of new debt, net of discount $ — $ 38,823 Borrowings on long-term debt 115,027 76,906 Payments of long-term debt (7,706 ) (3,941 ) Payments of debt issuance and extinguishment costs, including underwriting fees — (78 ) Change in long-term debt $ 107,321 $ 111,710 Cash paid for amounts included in the measurement of finance lease liabilities $ 52 $ — Non-cash Financing Activities: Prepaid insurance funded through short-term debt borrowings $ 1,189 $ — Prepaid ERP costs funded through short-term debt borrowings 1,430 — Shares surrendered for tax obligations for employee share-based transactions in accrued liabilities 30 201 Accounts payable converted to installment notes 286 — Other Supplemental Cash Flow Information: Cash taxes paid, net of refunds $ 5,881 $ 11,165 Cash interest paid 7,902 5,126

Description of Company and Su_3

Description of Company and Summary of Significant Accounting Policies - Lease (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Jan. 01, 2019
New Accounting Pronouncements or Change in Accounting Principle
Operating lease liability	$ 197,599
Right of use asset	$ 192,704
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle
Operating lease liability		$ 195,000
Right of use asset		195,000
ASU 2016-02 | Retained earnings (accumulated deficit)
New Accounting Pronouncements or Change in Accounting Principle
Adoption of new accounting standard ASU 2016-02		$ 761

Acquisitions - Narratives (Deta

Acquisitions - Narratives (Details) $ in Thousands	Jun. 30, 2018USD ($)	Mar. 30, 2019USD ($)lease	Mar. 31, 2018USD ($)	Dec. 31, 2018USD ($)
Business Acquisition
Goodwill		$ 608,448		$ 585,942
Acquisition-related costs		2,677	$ 2,550
VPI
Business Acquisition
Goodwill		$ 26,553
Intangible assets useful life		13 years
Acquisition-related costs		$ 200
Number of operating leases | lease		2
Lease acquired		$ 3,600
2018 Acquisitions
Business Acquisition
Goodwill	$ 64,950	$ 60,620
Intangible assets useful life	16 years
Acquisition-related costs			$ 2,300

Acquisitions - Fair Value of As

Acquisitions - Fair Value of Assets and Liabilities Acquired (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended	9 Months Ended
	Mar. 30, 2019	Mar. 30, 2019	Mar. 31, 2018	Jun. 30, 2018	Mar. 30, 2019	Dec. 31, 2018
Fair value of identifiable assets and liabilities:
Goodwill	$ 608,448	$ 608,448			$ 608,448	$ 585,942
Purchase price:
Cash consideration, net of cash acquired		57,486	$ 165,687
Gain on previously held shares		0	20,767
Measurement Period Adjustment - 2018
Measurement period adjustments, Goodwill		270
VPI
Fair value of identifiable assets and liabilities:
Accounts receivable	11,417	11,417			11,417
Inventories	2,555	2,555			2,555
Other current assets	261	261			261
Property and equipment	3,166	3,166			3,166
Identifiable intangible assets	17,702	17,702			17,702
Operating lease assets, net	3,739	3,739			3,739
Goodwill	26,553	26,553			26,553
Other assets	10	10			10
Total assets	65,403	65,403			65,403
Accounts payable	2,629	2,629			2,629
Other current liabilities	1,875	1,875			1,875
Operating lease liability	3,413	3,413			3,413
Total liabilities	7,917	7,917			7,917
Purchase price:
Cash consideration, net of cash acquired	57,486
2018 Acquisitions
Fair value of identifiable assets and liabilities:
Accounts receivable	56,635	56,635		$ 58,714	56,635
Inventories	89,236	89,236		97,305	89,236
Other current assets	8,773	8,773		14,910	8,773
Property and equipment	79,298	79,298		53,128	79,298
Identifiable intangible assets	68,694	68,694		70,057	68,694
Goodwill	60,620	60,620		64,950	60,620
Other assets	3,755	3,755		7,283	3,755
Total assets	367,011	367,011		366,347	367,011
Accounts payable	23,415	23,415		29,512	23,415
Current maturities of long-term debt	18,081	18,081		17,278	18,081
Other current liabilities	32,091	32,091		27,595	32,091
Long-term debt	52,498	52,498		47,369	52,498
Other liabilities	15,147	15,147		17,735	15,147
Non-controlling interest	51	51		(184)	51
Total liabilities	141,283	141,283		139,305	141,283
Purchase price:
Cash consideration, net of cash acquired			167,688	169,002
Contingent consideration	$ 3,898	$ 3,898		3,898	3,898
Gain on previously held shares			20,767	20,767
Existing investment in acquired entity			33,483	33,483
Non-cash consideration related to acquired intercompany balances			(108)	(108)
Total consideration, net of cash acquired			$ 225,728	$ 227,042
Measurement Period Adjustment - 2018
Measurement period adjustments, Accounts receivable					(2,079)
Measurement period adjustments, Inventories					(8,069)
Measurement period adjustments, Other current assets					(6,137)
Measurement period adjustments, Property and equipment					26,170
Measurement period adjustments, Identifiable intangible assets					(1,363)
Measurement period adjustments, Goodwill					(4,330)
Measurement period adjustments, Other assets					(3,528)
Measurement period adjustments, Total assets					664
Measurement period adjustments, Accounts payable					(6,097)
Measurement period adjustments, Current maturities of long-term debt					803
Measurement period adjustments, Other current liabilities					4,496
Measurement period adjustments, Long-term debt					5,129
Measurement period adjustments, Other liabilities					(2,588)
Measurement period adjustments, Non-controlling interest					235
Measurement period adjustments, Total liabilities					1,978
Measurement period adjustments, Cash consideration, net of cash acquired					(1,314)
Measurement period adjustments, Total consideration, net of cash acquired					$ (1,314)

Accounts Receivable - Narrative

Accounts Receivable - Narratives (Details) $ in Millions	Mar. 30, 2019USD ($)
Receivables [Abstract]
Allowance for doubtful accounts	$ 6

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Raw materials	$ 378,770	$ 371,168
Work in process	42,317	42,822
Finished goods	126,888	99,248
Total inventories	$ 547,975	$ 513,238

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 31, 2018
Property, Plant and Equipment, Net
Property and equipment	$ 1,979,534	$ 1,982,301
Accumulated depreciation	(1,152,921)	(1,138,898)
Total property and equipment, net	$ 826,613	$ 843,403

Property and Equipment, Net - N

Property and Equipment, Net - Narratives (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Property, Plant and Equipment
Property, Plant and Equipment
Impairment of assets	$ 0.9	$ 0.6

Property and Equipment, Net - D

Property and Equipment, Net - Depreciation (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Depreciation
Total depreciation expense	$ 23,076	$ 21,981
Cost of sales
Depreciation
Total depreciation expense	20,669	19,983
Selling, general and administrative
Depreciation
Total depreciation expense	$ 2,407	$ 1,998

Goodwill - Rollforward (Details

Goodwill - Rollforward (Details) $ in Thousands	3 Months Ended
	Mar. 30, 2019USD ($)
Goodwill
Beginning balance	$ 585,942
Acquisitions - preliminary allocation	26,553
Acquisition remeasurements	270
Currency translation	(4,317)
Ending balance	608,448
North America
Goodwill
Beginning balance	223,562
Acquisitions - preliminary allocation	26,553
Acquisition remeasurements	1,518
Currency translation	126
Ending balance	251,759
Europe
Goodwill
Beginning balance	279,688
Acquisitions - preliminary allocation	0
Acquisition remeasurements	0
Currency translation	(5,098)
Ending balance	274,590
Australasia
Goodwill
Beginning balance	82,692
Acquisitions - preliminary allocation	0
Acquisition remeasurements	(1,248)
Currency translation	655
Ending balance	$ 82,099

Intangible Assets, Net - Cost a

Intangible Assets, Net - Cost and Accumulated Amortization (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Mar. 31, 2018
Finite-Lived Intangible Assets
Cost	$ 329,633	$ 302,463
Accumulated amortization	(80,324)	(76,910)
Total intangibles, net	249,309	225,553
Customer relationships and agreements
Finite-Lived Intangible Assets
Cost	142,678	134,999
Accumulated amortization	(47,230)	(45,418)
Total intangibles, net	95,448	89,581
Software
Finite-Lived Intangible Assets
Cost	72,592	62,147
Accumulated amortization	(13,714)	(14,053)
Total intangibles, net	58,878	48,094
Trademarks and trade names
Finite-Lived Intangible Assets
Cost	65,926	57,513
Accumulated amortization	(5,799)	(5,050)
Total intangibles, net	60,127	52,463
Patents, licenses and rights
Finite-Lived Intangible Assets
Cost	48,437	47,804
Accumulated amortization	(13,581)	(12,389)
Total intangibles, net	$ 34,856	$ 35,415

Intangible Assets, Net - Narrat

Intangible Assets, Net - Narratives (Details) $ in Millions	3 Months Ended
	Mar. 30, 2019USD ($)
Finite-Lived Intangible Assets
Capitalized implementation costs	$ 39.8
Software
Finite-Lived Intangible Assets
Increase in intangible assets	$ 11.4

Intangible Assets, Net - Amorti

Intangible Assets, Net - Amortization Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 5,663	$ 4,702

Leases - Narratives (Details)

Leases - Narratives (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Dec. 31, 2018
Lessee
Accumulated amortization	$ 600
Rent expense	13,600
Right-of-use assets in exchange for operating lease liabilities	4,900
Term Loan | Finance leases and other financing arrangements
Lessee
Long-term debt, gross	84,528	$ 98,914
Term Loan | Finance leases and other financing arrangements | ASU 2016-02
Lessee
Long-term debt, gross	$ (24,500)
Minimum
Lessee
Lessee renewal term	1 year
Or more
Lessee
Lessee renewal term	20 years

Leases - Balance Sheet Location

Leases - Balance Sheet Location (Details) $ in Thousands	Mar. 30, 2019USD ($)
Leases [Abstract]
Right of use asset	$ 192,704
Finance lease asset	572
Total lease assets	193,276
Operating lease liability, current	41,998
Finance lease liability, current	265
Operating lease liability	155,601
Finance lease liability, noncurrent	352
Total lease liability	$ 198,216

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) $ in Thousands	3 Months Ended
	Mar. 30, 2019USD ($)
Leases [Abstract]
Operating	$ 14,259
Short term	2,723
Variable	1,659
Low value	787
Finance	12
Total lease costs	$ 19,440

Leases - Other Lease Disclosure

Leases - Other Lease Disclosures (Details)	Mar. 30, 2019
Leases [Abstract]
Operating lease, weighted average lease term	6 years 9 months 3 days
Finance lease, weighted average lease term	2 years 8 months 18 days
Operating lease weighted average discount rate (percent)	4.03%
Finance lease weighted average discount rate (percent)	8.42%

Leases - Lease Maturities (Deta

Leases - Lease Maturities (Details) $ in Thousands	Mar. 30, 2019USD ($)
Operating Leases
Operating lease, 2019	$ 39,285
Operating lease, 2020	47,249
Operating lease, 2021	34,666
Operating lease, 2022	27,403
Operating lease, 2023	22,330
Thereafter	65,782
Total lease payments	236,715
Less: Interest	39,116
Present value of lease liability	197,599
Finance Lease Liabilities, Payments, Due
Finance lease, 2019	216
Finance lease, 2020	249
Finance lease, 2021	172
Finance lease, 2022	51
Finance lease, 2023	6
Thereafter	2
Total lease payments	696
Less: Interest	79
Present value of lease liability	617
Lease Liabilities, Payments, Due
2019	39,501
2020	47,498
2021	34,838
2022	27,454
2023	22,336
Thereafter	65,784
Total lease payments	237,411
Lease, Liability, Undiscounted Excess Amount	39,195
Total lease liability	198,216
Lease options
Operating Leases
Total lease payments	$ 600

Leases - Maturity of Lease Prio

Leases - Maturity of Lease Prior to Adoption (Details) $ in Thousands	Dec. 31, 2018USD ($)
Operating Leases
2019	$ 49,128
2020	43,794
2021	30,885
2022	24,020
2023	19,352
Thereafter	33,943
Total operating lease payment	201,122
Capital Leases
2019	287
2020	310
2021	268
2022	192
2023	225
Thereafter	23,967
Total	25,249
Total
2019	49,415
2020	44,104
2021	31,153
2022	24,212
2023	19,577
Thereafter	57,910
Total	$ 226,371

Other Assets (Details)

Other Assets (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Customer displays	$ 14,745	$ 15,069
Other prepaid expenses	7,303	5,331
Deposits	6,521	6,627
Long-term notes receivable	4,891	4,902
Overfunded pension benefit obligation	1,577	1,517
Other long-term accounts receivable	1,489	1,451
Debt issuance costs on unused portion of revolver facility	928	1,552
Long-term taxes receivable	800	800
Other long-term assets	490	366
Total other assets	$ 38,744	$ 37,615

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 31, 2018	Mar. 31, 2018
Accounts Payable and Accrued Liabilities, Current
Current portion of legal claims provision	$ 79,350	$ 79,356
Accrued sales and advertising rebates	55,060	69,199
Operating Lease, Liability, Current	41,998
Accrued expenses	30,876	25,434
Non-income related taxes	30,671	21,643
Current portion of warranty liability (Note 11)	20,272	20,529	$ 20,843
Accrued interest payable	11,715	2,016
Current portion of accrued claim costs relating to self-insurance programs	11,235	12,319
Current portion of deferred revenue (Note 16)	10,928	9,854
Current portion of accrued income taxes payable	7,409	2,128
Current portion of restructuring accrual (Note 19)	5,440	6,635
Current portion of derivative liability (Note 21)	1,789	1,161
Total accrued expenses and other current liabilities	306,743	$ 250,274
Steve and Sons
Accounts Payable and Accrued Liabilities, Current
Current portion of legal claims provision	$ 76,500

Warranty Liability - Rollforwar

Warranty Liability - Rollforward (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Dec. 31, 2018
Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease)
Balance as of January 1	$ 46,468	$ 46,256
Current period expense	4,344	6,049
Liabilities assumed due to acquisition	79	1,541
Experience adjustments	904	336
Payments	(5,602)	(6,830)
Currency translation	106	(124)
Balance at period end	46,299	47,228
Current portion	(20,272)	(20,843)	$ (20,529)
Long-term portion	$ 26,027	$ 26,385

Warranty Liability - Narratives

Warranty Liability - Narratives (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Product Warranty Liability
Accrued warranty liability	$ 46,299	$ 46,468	$ 47,228	$ 46,256
North America
Product Warranty Liability
Accrued warranty liability	41,000
Product warranty, discount adjustment	$ 2,700
Minimum
Product Warranty Liability
Product warranty, term	1 year
Minimum | North America
Product Warranty Liability
Product warranty discount rate (percentage)	0.76%
Maximum
Product Warranty Liability
Product warranty, term	10 years
Maximum | North America
Product Warranty Liability
Product warranty discount rate (percentage)	4.75%

Long-Term Debt - Long Term Debt

Long-Term Debt - Long Term Debt (Details) $ in Thousands, kr in Millions	Mar. 30, 2019USD ($)	Mar. 30, 2019DKK (kr)	Dec. 31, 2018USD ($)
Debt Instrument
Unamortized debt issuance costs	$ (11,550)		$ (11,417)
Long-term debt	1,572,731		1,477,892
Current maturities of long-term debt	(55,603)		(54,930)
Long-term debt net of current maturities	1,517,128		1,422,962
Senior notes
Debt Instrument
Long-term debt, gross	$ 800,000		800,000
Senior notes | Minimum
Debt Instrument
Effective interest rate (percent)	4.63%	4.63%
Senior notes | Maximum
Debt Instrument
Effective interest rate (percent)	4.88%	4.88%
Term Loan | Term Loan
Debt Instrument
Long-term debt, gross	$ 470,871		474,058
Term Loan | Term Loan | Minimum
Debt Instrument
Effective interest rate (percent)	1.30%	1.30%
Term Loan | Term Loan | Maximum
Debt Instrument
Effective interest rate (percent)	4.80%	4.80%
Term Loan | Finance leases and other financing arrangements
Debt Instrument
Long-term debt, gross	$ 84,528		98,914
Term Loan | Finance leases and other financing arrangements | Minimum
Debt Instrument
Effective interest rate (percent)	1.90%	1.90%
Term Loan | Finance leases and other financing arrangements | Maximum
Debt Instrument
Effective interest rate (percent)	6.38%	6.38%
Line of Credit | Revolving credit facilities
Debt Instrument
Long-term debt, gross	$ 199,247		85,000
Line of Credit | Revolving credit facilities | Minimum
Debt Instrument
Effective interest rate (percent)	2.32%	2.32%
Line of Credit | Revolving credit facilities | Maximum
Debt Instrument
Effective interest rate (percent)	4.00%	4.00%
Mortgage notes
Debt Instrument
Long-term debt, gross	$ 29,430	kr 195.6	30,375
Effective interest rate (percent)	1.65%	1.65%
Installment notes for stock
Debt Instrument
Long-term debt, gross	$ 205		$ 962
Effective interest rate (percent)	5.50%	5.50%

Long-Term Debt - Term Loans (De

Long-Term Debt - Term Loans (Details) - Term Loan $ in Thousands	1 Months Ended
	Feb. 28, 2018AUD ($)	Mar. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Term Loan
Debt Instrument
Long term debt principal amount outstanding		$ 434,500
Long-term debt		470,871	$ 474,058
Australian Facility | Secured Debt
Debt Instrument
Increase in borrowing capacity	$ 55,000,000
Unused commitment fee (percent)	1.25%
Long-term debt		$ 35,500
Australian Facility | Secured Debt | BBSY | Minimum
Debt Instrument
Debt instrument, variable rate (percent)	1.00%
Australian Facility | Secured Debt | BBSY | Maximum
Debt Instrument
Debt instrument, variable rate (percent)	1.10%

Long-Term Debt - Credit Facilit

Long-Term Debt - Credit Facilities, Mortgage Notes, and Finance Leases and Other Financing Arrangements (Details) kr in Millions	1 Months Ended
	Dec. 31, 2018USD ($)	Feb. 28, 2018AUD ($)	Dec. 31, 2007	Mar. 30, 2019AUD ($)	Mar. 30, 2019USD ($)	Mar. 30, 2019DKK (kr)	Jan. 31, 2019EUR (€)
Notes payable | Finance leases and other financing arrangements
Debt Instrument
Long-term debt	$ 98,914,000				$ 84,528,000
Notes payable | Finance leases and other financing arrangements | ASU 2016-02
Debt Instrument
Long-term debt					(24,500,000)
Secured Debt
Debt Instrument
Long-term debt	$ 30,375,000				29,430,000	kr 195.6
Debt instrument, term			30 years
Revolving credit facilities
Debt Instrument
Borrowing availability					88,600,000
Revolving credit facilities | Australia senior secured credit facility
Debt Instrument
Borrowing availability				$ 12,000,000
Revolving credit facilities | Euro revolving facility
Debt Instrument
Maximum borrowing capacity | €							€ 39,000,000
Revolving credit facilities | Line of Credit
Debt Instrument
Unused commitment fee (percent)	0.25%
Long-term debt	$ 85,000,000				199,247,000
Revolving credit facilities | Line of Credit | ABL Facility
Debt Instrument
Debt instrument face amount	300,000,000
Increase to maximum borrowing capacity	$ 100,000,000
Long-term debt					199,200,000
Line of credit outstanding					35,800,000
Borrowing availability					80,100,000
Revolving credit facilities | Asset financing | Australia senior secured credit facility
Debt Instrument
Maximum borrowing capacity				4,500,000
Secured Debt | Notes payable | Australian Facility
Debt Instrument
Unused commitment fee (percent)		1.25%
Long-term debt					$ 35,500,000
Increase in borrowing capacity		$ 55,000,000
Interchangeable facility | Line of Credit | Australia senior secured credit facility
Debt Instrument
Maximum borrowing capacity				$ 13,000,000

Income Taxes - Narratives (Deta

Income Taxes - Narratives (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Dec. 31, 2018
Operating Loss Carryforwards
Effective rate for continuing operations (percent)	38.40%	(11.30%)
Income tax expense (benefit)	$ 10,337	$ (4,025)
Effective income tax expense (benefit) related to discrete tax adjustments	1,300	(8,700)
Tax (expense) benefit from the exercise. forfeiture, or cancellation of stock options	(1,100)	1,800
Interest expense from uncertain tax positions	400	200
Other tax benefits	200
Effective income tax rate reconciliation, revenue basis adjustments		7,100
Unrecognized tax benefits	16,200		$ 16,600
Continuing operations
Operating Loss Carryforwards
Income tax expense (benefit)	$ 10,300	$ (4,000)

Segment Information - Narrative

Segment Information - Narratives (Details) $ in Thousands	3 Months Ended
	Mar. 30, 2019USD ($)segment	Mar. 31, 2018USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment	3
Inventory write-down	$ 1,914
Consolidation and reorganization cost	5,211
Business acquisition, transaction costs	2,677	$ 2,550
Legal fees	$ 733	13,560
Executive compensation expense		$ 2,401

Segment Information - Reportabl

Segment Information - Reportable Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Segment Reporting Information, Profit (Loss)
Net revenues	$ 1,010,906	$ 946,179
Impairment and restructuring charges	3,719	2,974
Adjusted EBITDA	90,599	87,832
North America
Segment Reporting Information, Profit (Loss)
Net revenues	565,751	497,941
Europe
Segment Reporting Information, Profit (Loss)
Net revenues	299,966	301,687
Australasia
Segment Reporting Information, Profit (Loss)
Net revenues	145,189	146,551
Operating Segments
Segment Reporting Information, Profit (Loss)
Net revenues	1,012,860	949,502
Impairment and restructuring charges	3,732	4,344
Adjusted EBITDA	98,135	97,584
Operating Segments | North America
Segment Reporting Information, Profit (Loss)
Net revenues	566,347	498,333
Impairment and restructuring charges	1,958	2,756
Adjusted EBITDA	53,540	47,035
Operating Segments | Europe
Segment Reporting Information, Profit (Loss)
Net revenues	299,993	302,469
Impairment and restructuring charges	1,309	248
Adjusted EBITDA	28,169	33,807
Operating Segments | Australasia
Segment Reporting Information, Profit (Loss)
Net revenues	146,520	148,700
Impairment and restructuring charges	465	1,340
Adjusted EBITDA	16,426	16,742
Corporate and Unallocated Costs
Segment Reporting Information, Profit (Loss)
Impairment and restructuring charges	(13)	(1,370)
Adjusted EBITDA	(7,536)	(9,752)
Intersegment Eliminations
Segment Reporting Information, Profit (Loss)
Net revenues	(1,954)	(3,323)
Intersegment Eliminations | North America
Segment Reporting Information, Profit (Loss)
Net revenues	(596)	(392)
Intersegment Eliminations | Europe
Segment Reporting Information, Profit (Loss)
Net revenues	(27)	(782)
Intersegment Eliminations | Australasia
Segment Reporting Information, Profit (Loss)
Net revenues	$ (1,331)	$ (2,149)

Segment Information - Reconcili

Segment Information - Reconciliation of Net Income to EBITDA (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Segment Reporting, Other Significant Reconciling Item, Consolidated
Net income	$ 16,553	$ 40,271
Equity earnings in non-consolidated entities	0	(738)
Income tax expense (benefit)	10,337	(4,025)
Depreciation and amortization	30,898	28,459
Interest expense, net	17,656	15,661
Impairment and restructuring charges	3,719	2,974
Gain on previously held shares of an equity investment	0	(20,767)
Loss (gain) on sale of property and equipment	582	(86)
Stock-based compensation	2,596	1,951
Non-cash foreign exchange transaction/translation loss (income)	(3,425)	3,881
Other items	11,683	20,251
Adjusted EBITDA	$ 90,599	$ 87,832

Capital Stock - Narratives (Det

Capital Stock - Narratives (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 30, 2019	Dec. 31, 2018	Apr. 30, 2018
Class of Stock
Shares held in employee trust (shares)	193,941
Shares held in employee trust		$ 12.4
Common stock
Class of Stock
Share authorized for repurchase (shares)			250,000,000
Common shares repurchased (shares)	939,798
Shares repurchased (usd per share)	$ 15.96
Shares remaining for repurchase	$ 110

Revenue Recognition - Deferred

Revenue Recognition - Deferred Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Change in Contract with Customer, Liability
Balance as of January 1	$ 9,854	$ 9,970
Increases due to cash received	23,413	27,470
Currency translation	35	(158)
Liabilities assumed due to acquisition	0	1,235
Revenue recognized during the period	(22,374)	(25,471)
Balance at period end	$ 10,928	$ 13,046

Earnings Per Share - Basic Loss

Earnings Per Share - Basic Loss Per Share Calculation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Income from continuing operations
Income from continuing operations	$ 16,553	$ 39,533
Equity earnings of non-consolidated entities	0	738
Income from continuing operations and equity earnings of non-consolidated entities	16,553	40,271
Net (income) loss attributable to non-controlling interest	(16)	6
Net income attributable to common shareholders	$ 16,569	$ 40,265
Weighted average outstanding shares of common stock basic (shares)	100,643,509	106,146,655
Net income per share - basic (usd per share)	$ 0.16	$ 0.38

Earnings Per Share - Diluted Lo

Earnings Per Share - Diluted Loss Per Share Calculation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Earnings Per Share [Abstract]
Net income attributable to common shareholders - basic and diluted	$ 16,569	$ 40,265
Weighted average outstanding shares of common stock basic (shares)	100,643,509	106,146,655
Restricted stock units and options to purchase common stock (shares)	817,784	2,721,145
Weighted average outstanding shares of common stock diluted (shares)	101,461,293	108,867,800
Net income per share - diluted (usd per share)	$ 0.16	$ 0.37

Earnings Per Share - Potentiall

Earnings Per Share - Potentially Dilutive Securities (Details) - shares	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Stock options | Common stock
Incremental Weighted Average Shares Attributable to Dilutive Effect
Antidilutive securities excluded from computation of diluted earnings per share	1,685,101	250,612
RSUs
Incremental Weighted Average Shares Attributable to Dilutive Effect
Antidilutive securities excluded from computation of diluted earnings per share	449,547	20,337
Performance share units
Incremental Weighted Average Shares Attributable to Dilutive Effect
Antidilutive securities excluded from computation of diluted earnings per share	147,552	0

Stock Compensation - Narratives

Stock Compensation - Narratives (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based compensation	$ 2.6	$ 2
Stock compensation not yet recognized	$ 36.9
Recognition period for stock compensation not yet recognized (years)	2 years 5 months 1 day

Stock Compensation - Activity (

Stock Compensation - Activity (Details) - $ / shares	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Options Activity
Options granted (shares)	424,944	612,789
Options canceled (shares)	108,337	332,180
Options exercised (shares)	203,545	406,280
Options Weighted Average Exercise Price
Options granted, weighted average exercise price (usd per share)	$ 20.94	$ 33.25
Options canceled, weighted average exercise price (usd per share)	23.81	18.56
Options exercised, weighted average exercise price (usd per share)	$ 7.80	$ 12.70
RSUs
Weighted Average Grant-Date Fair Value Per Share
Equity instruments granted (shares)	573,815	438,591
Equity instruments granted, weighted average exercise price (usd per share)	$ 20.94	$ 32.55
PSU's
Weighted Average Grant-Date Fair Value Per Share
Equity instruments granted (shares)	387,568	109,537
Equity instruments granted, weighted average exercise price (usd per share)	$ 20.94	$ 33.34

Impairment and Restructuring _3

Impairment and Restructuring Charges - Narratives (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018	Dec. 31, 2018
Restructuring Cost and Reserve
Impairment and restructuring charges	$ 3,719	$ 2,974
Restructuring reserve, current	5,440		$ 6,635
Restructuring accrual	900		$ 2,000
North America
Restructuring Cost and Reserve
Favorable tax ruling		2,100
Facility closing
Restructuring Cost and Reserve
Impairment and restructuring charges	2,000	2,900
Employee severance | Europe
Restructuring Cost and Reserve
Impairment and restructuring charges	1,300
Employee severance | Australasia
Restructuring Cost and Reserve
Impairment and restructuring charges	$ 400
Contract termination
Restructuring Cost and Reserve
Impairment and restructuring charges		1,500
Personnel restructuring
Restructuring Cost and Reserve
Impairment and restructuring charges		$ 700

Impairment and Restructuring _4

Impairment and Restructuring Charges - Summary (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Restructuring Cost and Reserve
Impairments	$ 1,634	$ 636
Restructuring charges, net of fair value adjustment gains	2,085	2,338
Total impairment and restructuring charges	3,719	2,974
Closed operations
Restructuring Cost and Reserve
Impairments	1,613	0
Continuing operations
Restructuring Cost and Reserve
Impairments	$ 21	$ 636

Impairment and Restructuring _5

Impairment and Restructuring Charges - Restructuring Accrual (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Restructuring Reserve
Beginning Accrual Balance	$ 8,640	$ 11,039
Additions Charged to Expense	2,085	2,338
Payments or Utilization	(4,414)	(5,733)
Ending Accrual Balance	6,311	7,644
Severance costs
Restructuring Reserve
Beginning Accrual Balance	5,353	7,232
Additions Charged to Expense	1,878	2,408
Payments or Utilization	(4,003)	(4,568)
Ending Accrual Balance	3,228	5,072
Other exit costs
Restructuring Reserve
Beginning Accrual Balance	3,287	3,807
Additions Charged to Expense	207	(70)
Payments or Utilization	(411)	(1,165)
Ending Accrual Balance	$ 3,083	$ 2,572

Other (Income) Expense (Details

Other (Income) Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Other Income and Expenses [Abstract]
Foreign currency (gains) losses	$ (5,034)	$ 4,986
Legal settlement income	(1,247)	(9)
Pension benefit expense	2,748	3,134
Other items	338	(348)
Total other (income) expense	$ (3,195)	$ 7,763

Derivative Financial Instrume_3

Derivative Financial Instruments - Narratives (Details)	3 Months Ended		12 Months Ended
	Mar. 30, 2019USD ($)instruments	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Notional Disclosures
Derivative instrument gains (losses) recognized in OCI	$ (900,000)	$ (1,300,000)
Interest expense, net	17,656,000	15,661,000
Interest rate cap contracts
Notional Disclosures
Notional amount	150,000,000
Derivative instrument gains (losses) recognized in OCI	$ (200,000)
Number of derivative instruments (instruments) | instruments	2
Derivative cap interest rate (percent)	3.00%
Not Designated as Hedging Instrument | Foreign Exchange Contracts, Forecasted Transactions
Notional Disclosures
Notional amount	$ 135,900,000
Not Designated as Hedging Instrument | Foreign Currency Exchange Contracts, Intercompany Loans and Interest
Notional Disclosures
Notional amount	75,300,000
Not Designated as Hedging Instrument | Foreign Exchange Contracts, Consolidated Earnings
Notional Disclosures
Notional amount	150,600,000
Not Designated as Hedging Instrument | Foreign currency forward contracts
Notional Disclosures
Derivate instrument (loss) gain	(3,300,000)	2,400,000
Designated as Hedging Instrument | December 2016 - December 2017 | Cash Flow Hedge
Notional Disclosures
Notional amount			$ 914,300,000
Loss on debt extinguishment			$ 3,600,000
Designated as Hedging Instrument | Interest rate swap
Notional Disclosures
Interest expense, net	$ 400,000	$ 500,000

Derivative Financial Instrume_4

Derivative Financial Instruments - Fair Value (Details) - Derivatives not designated as hedging instruments: - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 31, 2018
Foreign currency forward contracts | Other current assets
Derivative Asset, Fair Value, Amount Not Offset Against Collateral
Foreign currency forward contracts	$ 5,606	$ 8,234
Foreign currency forward contracts | Accrued expenses and other current liabilities
Derivative Asset, Fair Value, Amount Not Offset Against Collateral
Fair value, gross liability	1,789	1,161
Interest rate cap contracts | Other assets
Derivative Asset, Fair Value, Amount Not Offset Against Collateral
Foreign currency forward contracts	$ 133	$ 0

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Financial Assets and Liabilities (Details) - Recurring - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 31, 2018
Carrying Amount
Assets:
Derivative assets, recorded in other current assets		$ 8,234
Cash equivalents		30
Liabilities:
Senior notes	$ 800,000	800,000
Term loans	470,871	474,058
Derivative liabilities, recorded in accrued expenses and deferred credits	1,789	1,161
Carrying Amount | Other current assets
Assets:
Derivative assets, recorded in other current assets	5,606
Carrying Amount | Other assets
Assets:
Derivative assets, recorded in other current assets	133	0
Total Fair Value
Assets:
Derivative assets, recorded in other current assets		8,234
Cash equivalents		30
Liabilities:
Senior notes	756,000	692,000
Term loans	464,354	455,545
Derivative liabilities, recorded in accrued expenses and deferred credits	1,789	1,161
Total Fair Value | Other current assets
Assets:
Derivative assets, recorded in other current assets	5,606
Total Fair Value | Other assets
Assets:
Derivative assets, recorded in other current assets	133	0
Total Fair Value | Level 1
Assets:
Derivative assets, recorded in other current assets		0
Cash equivalents		0
Liabilities:
Senior notes	0	0
Term loans	0	0
Derivative liabilities, recorded in accrued expenses and deferred credits	0	0
Total Fair Value | Level 1 | Other current assets
Assets:
Derivative assets, recorded in other current assets	0
Total Fair Value | Level 1 | Other assets
Assets:
Derivative assets, recorded in other current assets	0	0
Total Fair Value | Level 2
Assets:
Derivative assets, recorded in other current assets		8,234
Cash equivalents		30
Liabilities:
Senior notes	756,000	692,000
Term loans	464,354	455,545
Derivative liabilities, recorded in accrued expenses and deferred credits	1,789	1,161
Total Fair Value | Level 2 | Other current assets
Assets:
Derivative assets, recorded in other current assets	5,606
Total Fair Value | Level 2 | Other assets
Assets:
Derivative assets, recorded in other current assets	133	0
Total Fair Value | Level 3
Assets:
Derivative assets, recorded in other current assets		0
Cash equivalents		0
Liabilities:
Senior notes	0	0
Term loans	0	0
Derivative liabilities, recorded in accrued expenses and deferred credits	0	0
Total Fair Value | Level 3 | Other current assets
Assets:
Derivative assets, recorded in other current assets	0
Total Fair Value | Level 3 | Other assets
Assets:
Derivative assets, recorded in other current assets	$ 0	$ 0

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Non-Financial Assets and Liabilities (Details) - Nonrecurring - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 31, 2018
Fair Value, Assets Measured on Nonrecurring Basis
Closed operations	$ 425
Continuing operations		$ 48
Total	425	48
Changes Measurement
Fair Value, Assets Measured on Nonrecurring Basis
Closed operations	161
Continuing operations		175
Total	161	175
Carrying Amount
Fair Value, Assets Measured on Nonrecurring Basis
Closed operations	425
Continuing operations		48
Total	425	48
Level 1
Fair Value, Assets Measured on Nonrecurring Basis
Closed operations	0
Continuing operations		0
Total	0	0
Level 2
Fair Value, Assets Measured on Nonrecurring Basis
Closed operations	0
Continuing operations		0
Total	0	0
Level 3
Fair Value, Assets Measured on Nonrecurring Basis
Closed operations	425
Continuing operations		48
Total	$ 425	$ 48

Commitment and Contingencies -

Commitment and Contingencies - Litigation (Details) - Steve and Sons - USD ($) $ in Millions	Apr. 12, 2019	Mar. 13, 2019	May 11, 2018	Feb. 15, 2018	Mar. 30, 2019
Loss Contingencies
Damages awarded to plaintiff		$ 36.5
Legal settlement accrual					$ 76.5
Settlement proceeds awarded			$ 1.2
Subsequent Event | Attorney fees
Loss Contingencies
Loss Contingency, Damages Sought, Value	$ 28.4
Subsequent Event | Legal cost
Loss Contingencies
Loss Contingency, Damages Sought, Value	$ 1.7
Past damages
Loss Contingencies
Damages awarded to plaintiff		9.9		$ 12.2
Future damages
Loss Contingencies
Damages awarded to plaintiff		$ 139.4		$ 46.5

Commitment and Contingencies _2

Commitment and Contingencies - Self-Insured Risk (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 30, 2019	Dec. 31, 2018
Loss Contingencies
Accrued self-insurance liability	$ 72.2	$ 73.8
Minimum | Domestic Product Liability and Auto, General Liability, Personal Injury and Workers Compensation
Loss Contingencies
Concentration risk, auto, employee and general liability	3
Minimum | Auto, General Liability, Personal Injury and Workers Compensation
Loss Contingencies
Concentration risk, auto, employee and general liability	0.5
Maximum | Domestic Product Liability and Auto, General Liability, Personal Injury and Workers Compensation
Loss Contingencies
Concentration risk, auto, employee and general liability	250
Maximum | Auto, General Liability, Personal Injury and Workers Compensation
Loss Contingencies
Concentration risk, auto, employee and general liability	$ 250

Commitment and Contingencies _3

Commitment and Contingencies - Indemnification (Details)	3 Months Ended
	Mar. 30, 2019
Minimum
Loss Contingencies
Indemnification, term	1 year
Maximum
Loss Contingencies
Indemnification, term	3 years

Commitment and Contingencies _4

Commitment and Contingencies - Performance Bond and Letter of Credit (Details) - USD ($) $ in Thousands	Mar. 30, 2019	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Self-insurance workers’ compensation	$ 24,122	$ 22,312
Environmental	8,487	14,552
Liability and other insurance	16,678	18,988
Other	6,668	10,870
Total outstanding performance bonds and stand-by letters of credit	$ 55,955	$ 66,722

Commitment and Contingencies _5

Commitment and Contingencies - Environmental Contingencies (Details) - USD ($)	Mar. 30, 2019	Dec. 31, 2018	Dec. 31, 2008
Site Contingency
Environmental loss contingencies, current	$ 800,000	$ 500,000
Environmental loss contingencies, non-current	0	$ 0
WADOE
Site Contingency
Environmental loss contingencies			$ 500,000
PaDEP
Site Contingency
Collateralized bond	$ 2,300,000

Employee Retirement and Pensi_3

Employee Retirement and Pension Benefits - Components of Pension Benefit/ Expense (Details) - U.S. - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Defined Benefit Plan Disclosure
Administrative cost	$ 1,250	$ 825
Interest cost	3,725	3,350
Expected return on plan assets	(4,650)	(4,525)
Amortization of net actuarial pension loss	2,225	3,000
Pension benefit expense	$ 2,550	$ 2,650

Employee Retirement and Pensi_4

Employee Retirement and Pension Benefits - Narratives (Details) - U.S. - USD ($)	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Defined Benefit Plan Disclosure
Company contribution	$ 1,400,000	$ 0
Anticipated contribution during the period	$ 6,400,000

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 30, 2019	Mar. 31, 2018
Supplemental Cash Flow Elements [Abstract]
Operating leases	$ 13,453
Finance leases	12
Cash paid for amounts included in the measurement of lease liabilities	13,465
Non-cash Investing Activities:
Property, equipment and intangibles purchased in accounts payable	8,130	$ 4,460
Property, equipment and intangibles purchased for debt	9,683	384
Customer accounts receivable converted to notes receivable	66	80
Cash Financing Activities:
Proceeds from issuance of new debt, net of discount	0	38,823
Borrowings on long-term debt	115,027	76,906
Payments of long-term debt	(7,706)	(3,941)
Payments of debt issuance and extinguishment costs, including underwriting fees	0	(78)
Change in long-term debt	107,321	111,710
Cash paid for amounts included in the measurement of finance lease liabilities	52
Non-cash Financing Activities:
Prepaid insurance funded through short-term debt borrowings	1,189	0
Prepaid ERP costs funded through short-term debt borrowings	1,430	0
Shares surrendered for tax obligations for employee share-based transactions in accrued liabilities	30	201
Accounts payable converted to installment notes	286	0
Other Supplemental Cash Flow Information:
Cash taxes paid, net of refunds	5,881	11,165
Cash interest paid	$ 7,902	$ 5,126

Subsequent Events (Details)

Subsequent Events (Details) $ in Millions	3 Months Ended
	Jun. 30, 2019USD ($)
Forecasted
Subsequent Event
Proceeds from the divestiture of business	$ 6.5