Interface (TILE) 10-Q 9 Nov 21 2021 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Oct. 03, 2021	Nov. 04, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Oct. 3, 2021
Entity File Number	001-33994
Entity Registrant Name	INTERFACE INC
Entity Incorporation, State or Country Code	GA
Entity Tax Identification Number	58-1451243
Entity Address, Address Line One	1280 West Peachtree Street
Entity Address, City or Town	Atlanta
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30309
City Area Code	770
Local Phone Number	437-6800
Title of 12(b) Security	Common Stock, $0.10 Par Value Per Share
Trading Symbol	TILE
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		59,054,937
Entity Central Index Key	0000715787
Amendment Flag	false
Current Fiscal Year End Date	--01-02
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021

Consolidated Condensed Balance

Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Oct. 03, 2021	Jan. 03, 2021
Current assets
Cash and cash equivalents	$ 92,809	$ 103,053
Accounts receivable, net	153,239	139,869
Inventories, net	256,652	228,725
Prepaid expenses and other current assets	33,011	23,747
Total current assets	535,711	495,394
Property, plant and equipment, net	333,663	359,036
Operating lease right-of-use assets	93,999	98,013
Deferred tax asset	14,658	18,175
Goodwill and intangibles, net	230,928	253,536
Other assets	80,283	81,857
Total assets	1,289,242	1,306,011
Current liabilities
Accounts payable	72,517	58,687
Accrued expenses	132,212	105,739
Current portion of operating lease liabilities	15,040	13,555
Current portion of long-term debt	15,067	15,319
Total current liabilities	234,836	193,300
Long-term debt	509,912	561,251
Operating lease liabilities	80,741	86,468
Deferred income taxes	30,492	34,307
Other long-term liabilities	96,484	104,147
Total liabilities	952,465	979,473
Commitments and Contingencies
Shareholders’ equity
Preferred stock, par value $1.00 per share; 5,000 shares authorized; none issued or outstanding at October 3, 2021 and January 3, 2021	0	0
Common stock, par value $0.10 per share; 120,000 shares authorized; 59,055 and 58,664 shares issued and outstanding at October 3, 2021 and January 3, 2021, respectively	5,905	5,865
Additional paid-in capital	251,794	247,920
Retained earnings	240,199	208,562
Accumulated other comprehensive loss – foreign currency translation	(91,026)	(60,331)
Accumulated other comprehensive loss – cash flow hedge	(3,373)	(6,190)
Accumulated other comprehensive loss – pension liability	(66,722)	(69,288)
Total shareholders’ equity	336,777	326,538
Total liabilities and shareholders’ equity	$ 1,289,242	$ 1,306,011

Consolidated Condensed Statemen

Consolidated Condensed Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Oct. 03, 2021	Oct. 04, 2020
Income Statement [Abstract]
NET SALES	$ 312,707	$ 278,642	$ 860,752	$ 826,315
Cost of Sales	206,382	176,480	549,397	512,548
GROSS PROFIT ON SALES	106,325	102,162	311,355	313,767
Selling, General and Administrative Expenses	77,735	88,161	236,867	255,902
Restructuring and Asset Impairment Charges	3,813	(1,881)	3,621	(3,156)
Goodwill and Intangible Asset Impairment Charge	0	0	0	121,258
OPERATING INCOME (LOSS)	24,777	15,882	70,867	(60,237)
Interest Expense	7,727	5,426	22,272	16,021
Other Expense	887	2,921	2,219	9,551
INCOME (LOSS) BEFORE INCOME TAX EXPENSE	16,163	7,535	46,376	(85,809)
Income Tax Expense	5,204	1,622	12,968	5,736
NET INCOME (LOSS)	$ 10,959	$ 5,913	$ 33,408	$ (91,545)
Earnings (Loss) Per Share - Basic (in dollars per share)	$ 0.19	$ 0.10	$ 0.57	$ (1.56)
Earnings (Loss) Per Share - Diluted (in dollars per share)	$ 0.19	$ 0.10	$ 0.57	$ (1.56)
Common Shares Outstanding – Basic (in shares)	59,057	58,592	58,942	58,507
Common Shares Outstanding – Diluted (in shares)	59,057	58,592	58,942	58,507

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Oct. 03, 2021	Oct. 04, 2020
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 10,959	$ 5,913	$ 33,408	$ (91,545)
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment	(14,553)	23,402	(30,695)	24,317
Other Comprehensive Income (Loss), Cash Flow Hedge	1,323		2,817
Other Comprehensive Income (Loss), Cash Flow Hedge		864		(5,627)
Other Comprehensive Income (Loss), Pension Liability Adjustment	2,377	(1,471)	2,566	(80)
Comprehensive Income (Loss)	$ 106	$ 28,708	$ 8,096	$ (72,935)

Consolidated Condensed Statem_2

Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020
OPERATING ACTIVITIES:
Net income (loss)	$ 33,408	$ (91,545)
Adjustments to reconcile net income (loss) to cash provided by operating activities:
Depreciation and amortization	35,087	33,480
Stock compensation amortization expense (benefit)	4,150	(1,416)
Deferred income taxes and other	2,564	(20,438)
Amortization of acquired intangible assets	4,269	4,030
Goodwill and Intangible Asset Impairment Charge	0	121,258
Working capital changes:
Accounts receivable	(17,061)	47,572
Inventories	(36,230)	13,203
Prepaid expenses and other current assets	(7,022)	8,819
Accounts payable and accrued expenses	44,891	(17,695)
CASH PROVIDED BY OPERATING ACTIVITIES	64,056	97,268
INVESTING ACTIVITIES:
Capital expenditures	(17,406)	(46,884)
Other	0	(183)
CASH USED IN INVESTING ACTIVITIES	(17,406)	(47,067)
FINANCING ACTIVITIES:
Repayments of long-term debt	(106,283)	(114,022)
Borrowing of long-term debt	57,000	93,000
Tax withholding payments for share-based compensation	(193)	(1,505)
Proceeds from issuance of common stock	0	93
Dividends paid	(1,771)	(4,978)
Debt issuance costs	(36)	(1,519)
Finance lease payments	(1,796)	(1,252)
CASH USED IN FINANCING ACTIVITIES	(53,079)	(30,183)
Net cash (used in) provided by operating, investing and financing activities	(6,429)	20,018
Effect of exchange rate changes on cash	(3,815)	2,400
CASH AND CASH EQUIVALENTS:
Net change during the period	(10,244)	22,418
Balance at beginning of period	103,053	81,301
Balance at end of period	$ 92,809	$ 103,719

Consolidated Condensed Balanc_2

Consolidated Condensed Balance Sheets (Parenthetical) - $ / shares	Oct. 03, 2021	Jan. 03, 2021
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares authorized (in shares)	120,000,000	120,000,000
Common stock, shares issued (in shares)	59,055,000	58,664,000
Common stock, shares outstanding (in shares)	59,055,000	58,664,000

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Oct. 03, 2021
Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation As contemplated by the Securities and Exchange Commission (the “Commission”) instructions to Form 10-Q, the following footnotes have been condensed and, therefore, do not contain all disclosures required in connection with annual financial statements. Reference should be made to the Company’s year-end financial statements and notes thereto contained in its Annual Report on Form 10-K for the fiscal year ended January 3, 2021, as filed with the Commission. The financial information included in this report has been prepared by the Company, without audit. In the opinion of management, the financial information included in this report contains all adjustments necessary for a fair presentation of the results for the interim periods. All such adjustments are of a normal recurring nature unless otherwise disclosed. Nevertheless, the results shown for interim periods are not necessarily indicative of results to be expected for the full year. The January 3, 2021, consolidated condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States (“GAAP”). The nine-month period ended October 3, 2021 includes 39 weeks, and the nine-month period ended October 4, 2020 includes 40 weeks. The three-month periods ended October 3, 2021 and October 4, 2020 both include 13 weeks. Risks and Uncertainties The World Health Organization declared the COVID-19 outbreak a pandemic in March 2020, and many companies have experienced disruptions in their operations. The Company considered the impact of COVID-19 on the assumptions and estimates used and determined that, except for the goodwill and intangible asset impairment recorded in the first quarter of 2020 and discussed in Note 10 “Goodwill and Intangible Assets,” the continued impacts to our global supply chain, and its consequent impacts on production volume, raw material shortages, raw material cost increases, higher freight costs, shipping delays and labor shortages, gross profit margins, operating income, net income, cash flows, and order rates, there were no other material adverse impacts on the Company’s results of operations and financial position at October 3, 2021. The Company’s primary credit facility has various financial and other covenants including, but not limited to, a covenant to not exceed a maximum secured net debt to EBITDA ratio, as defined by the credit facility agreement. The Company is currently in compliance with all covenants under the credit facility agreement and anticipates that it will remain in compliance with the covenants for the foreseeable future. The full extent of the future impact of COVID-19 on the Company’s operations is uncertain. A prolonged COVID-19 pandemic may continue to have a material adverse impact on our operations, financial condition, and supply chains. It may negatively impact our ability to collect outstanding receivables, manage inventory, produce our products and service customers. The impact of COVID-19 could result in additional impairment losses related to goodwill, intangible assets, and property, plant and equipment. As the virus spreads through communities, it could impact the physical health, mental health, and productivity of our workforce as many of them are required to shelter in place and work from home for prolonged periods of time, and it could also impact our ability to reach our customers and collaborate with them as they are required to shelter in place and work from home for prolonged periods of time. The COVID-19 pandemic is having broad and negative implications on the global economy, which affects the size and timing of our customers’ capital budgets, and could result in delays or terminations of new and existing renovation projects, remodeling projects, new construction projects, and other projects where our products are used. COVID-19 Impact We continue to monitor our operations and have implemented various programs to mitigate the effects of COVID-19 on our business. Our global supply chain and manufacturing operations continue to experience increased impacts of COVID-19 including raw material shortages, raw material cost increases, higher freight costs, shipping delays, and labor shortages – particularly in the United States. Reclassifications In the first quarter of fiscal 2021, the Company determined that it has two operating and reportable segments – namely Americas (“AMS”) and Europe, Africa, Asia and Australia (collectively “EAAA”). The AMS operating segment is unchanged from prior year and continues to include the United States, Canada and Latin America geographic areas. Segment disclosures for 2020 have been restated to conform to the current reportable segment structure. See Note 11 entitled “Segment Information” for additional information. Recently Adopted Accounting Pronouncements On January 4, 2021, the Company adopted Accounting Standards Update (“ASU”) 2019-12, “ Simplifying the Accounting for Income Taxes .” The amendments in this update simplify the accounting for income taxes by removing certain exceptions to the general principles in ASC Topic 740 related to intraperiod tax allocation, the calculation of income taxes in interim periods, and the accounting for outside basis differences of foreign subsidiaries and equity method investments. The amendments also improve consistent application of and simplify GAAP for other areas of ASC Topic 740, including franchise or similar taxes partially based on income, the accounting for a step-up in tax basis goodwill, and interim recognition of an enacted change in tax laws or rates, by clarifying and amending existing guidance. The adoption of this standard did not have a material impact to the Company’s consolidated financial statements. Recently Issued Accounting Pronouncements Not Yet Adopted In March 2020, the Financial Accounting Standards Board (“FASB”) issued ASU 2020-04, “ Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting .” This standard addresses the risks from the discontinuation of the London Interbank Offered Rate (LIBOR) and provides optional expedients and exceptions to contracts, hedging relationships and other transactions that reference LIBOR if certain criteria are met. This new guidance is effective and may be applied beginning March 12, 2020 through December 31, 2022. While the Company is currently evaluating the impact of adoption of this standard, we do not expect the adoption of this ASU to have a material impact on our consolidated financial statements.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Oct. 03, 2021
Revenues [Abstract]
Revenue Recognition	REVENUE RECOGNITION Revenue from sales of carpet, modular resilient flooring, rubber flooring, and other flooring-related material was approximately 98% of total revenue for both nine-month periods ended October 3, 2021 and October 4, 2020. The remaining 2% of revenue was generated from the installation of carpet and other flooring-related material for both 2021 and 2020 nine-month periods. Disaggregation of Revenue For the nine months ended October 3, 2021 and October 4, 2020, revenue from the Company’s customers is broken down by geography as follows: Nine Months Ended Geography October 3, 2021 October 4, 2020 Americas 53.5% 54.7% Europe 32.6% 31.4% Asia-Pacific 13.9% 13.9% Revenue from the Company’s customers in the Americas corresponds to the AMS operating segment, and the EAAA operating segment includes revenue from the Europe and Asia-Pacific geographies. See Note 11 entitled “Segment Information” for additional information.

Inventories

Inventories	9 Months Ended
	Oct. 03, 2021
Inventory Disclosure [Abstract]
Inventories	INVENTORIES Inventories are summarized as follows: October 3, 2021 January 3, 2021 (in thousands) Finished goods $ 176,180 $ 152,836 Work in process 16,487 17,109 Raw materials 63,985 58,780 Inventories, net $ 256,652 $ 228,725

Earnings Per Share

Earnings Per Share	9 Months Ended
	Oct. 03, 2021
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE The Company computes basic earnings or loss per share (“EPS”) by dividing net income or loss by the weighted average common shares outstanding, including participating securities outstanding, during the period as discussed below. Diluted EPS reflects the potential dilution beyond shares for basic EPS that could occur if securities or other contracts to issue common stock were exercised, converted into common stock or resulted in the issuance of common stock that would have shared in the Company’s earnings. The Company includes all unvested stock awards which contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, in the number of shares outstanding in the basic and diluted EPS calculations when the inclusion of these shares would be dilutive. Unvested share-based awards of restricted stock are paid dividends equally with all other shares of common stock. As a result, the Company includes all outstanding restricted stock awards in the calculation of basic and diluted EPS. Distributed earnings include common stock dividends and dividends earned on unvested share-based payment awards. Undistributed earnings represent earnings that were available for distribution but were not distributed. The following table shows the computation of basic and diluted EPS: Three Months Ended Nine Months Ended October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands, except per share data) Numerator: Net income (loss) $ 10,959 $ 5,913 $ 33,408 $ (91,545) Less: distributed and undistributed earnings available to participating securities (127) (46) (358) (38) Distributed and undistributed earnings (loss) available to common shareholders $ 10,832 $ 5,867 $ 33,050 $ (91,583) Denominator: Weighted average shares outstanding 58,371 58,140 58,312 58,055 Participating securities 686 452 630 452 Shares for basic EPS 59,057 58,592 58,942 58,507 Dilutive effect of stock options — — — — Shares for diluted EPS 59,057 58,592 58,942 58,507 Basic EPS $ 0.19 $ 0.10 $ 0.57 $ (1.56) Diluted EPS $ 0.19 $ 0.10 $ 0.57 $ (1.56)

Long-Term Debt

Long-Term Debt	9 Months Ended
	Oct. 03, 2021
Debt Disclosure [Abstract]
Long-Term Debt	LONG-TERM DEBT Long-term debt consisted of the following: October 3, 2021 January 3, 2021 Outstanding Principal Interest Rate (1) Outstanding Principal Interest Rate (1) (in thousands) (in thousands) Syndicated Credit Facility: Revolving loan borrowings $ — — % $ 3,000 4.00 % Term loan borrowings 232,639 1.82 % 282,215 1.87 % Total borrowings under Syndicated Credit Facility 232,639 1.82 % 285,215 1.89 % 5.50% Senior Notes due 2028 300,000 5.50 % 300,000 5.50 % Total debt 532,639 585,215 Less: Unamortized debt issuance costs (7,660) (8,645) Total debt, net 524,979 576,570 Less: Current portion of long-term debt (15,067) (15,319) Total long-term debt, net $ 509,912 $ 561,251 (1) Represents the stated rate of interest, without the effect of debt issuance costs or interest rate swaps. Syndicated Credit Facility The Syndicated Credit Facility (the “Facility”) provides the Company and certain of its subsidiaries a multicurrency revolving loan and U.S. denominated and multicurrency term loans. Interest on base rate loans is charged at varying rates computed by applying a margin depending on the Company’s consolidated net leverage ratio as of the most recently completed fiscal quarter. Interest on Eurocurrency-based loans and fees for letters of credit are charged at varying rates computed by applying a margin over the applicable Eurocurrency rate, depending on the Company’s consolidated net leverage ratio as of the most recently completed fiscal quarter. In addition, the Company pays a commitment fee per annum (depending on the Company’s consolidated net leverage ratio as of the most recently completed fiscal quarter) on the unused portion of the Facility. As of both October 3, 2021 and January 3, 2021, the Company had $1.6 million in letters of credit outstanding under the Facility. As of both October 3, 2021 and January 3, 2021, the carrying value of the Company’s borrowings under the Facility approximated its fair value as the Facility bears interest rates that are similar to existing market rates. Under the Facility, the Company is required to make quarterly amortization payments of the term loan borrowings, which are due on the last day of the calendar quarter. The Company is currently in compliance with all covenants under the Facility and anticipates that it will remain in compliance with the covenants for the foreseeable future. 5.50% Senior Notes due 2028 The 5.50% Senior Notes due 2028 (the “Senior Notes”) bear an interest rate at 5.50% per annum and mature on December 1, 2028. Interest is paid semi-annually on June 1 and December 1 of each year, beginning on June 1, 2021. The Senior Notes are unsecured and are guaranteed, jointly and severally, by each of the Company’s material domestic subsidiaries, all of which also guarantee the obligations of the Company under its existing Facility. As of October 3, 2021, the estimated fair value of the Senior Notes was $316.5 million, compared with a carrying value recorded in the Company’s consolidated condensed balance sheet of $300.0 million, excluding unamortized debt issuance costs. The fair value of the Senior Notes is derived using quoted prices for similar instruments and is considered Level 2 within the fair value hierarchy. Other Lines of Credit Subsidiaries of the Company had an aggregate of the equivalent of $6.0 million of other lines of credit available at interest rates ranging from 3.5% to 6.0% as of both October 3, 2021 and January 3, 2021. As of October 3, 2021 and January 3, 2021, there were no borrowings outstanding under these lines of credit. Borrowing Costs Debt issuance costs associated with the Company’s Senior Notes and term loans under the Facility are reflected as a reduction of long-term debt in accordance with applicable accounting standards. As these fees are expensed over the life of the outstanding borrowing, the debt balance will increase by the same amount as the fees that are expensed. As of October 3, 2021 and January 3, 2021, the unamortized debt issuance costs recorded as a reduction of long-term debt were $7.7 million and $8.6 million, respectively. Other deferred borrowing costs, which include underwriting, legal and other direct costs related to the issuance of revolving debt, net of accumulated amortization, were $1.7 million and $2.0 million as of October 3, 2021 and January 3, 2021, respectively. These amounts are included in other assets in the Company’s consolidated condensed balance sheets. The Company amortizes these costs over the life of the related debt.

Derivative Instruments

Derivative Instruments	9 Months Ended
	Oct. 03, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	DERIVATIVE INSTRUMENTS Interest Rate Risk Management From time to time, the Company enters into interest rate swap transactions to fix the variable interest rate on a portion of its term loan borrowing in order to manage a portion of its exposure to interest rate fluctuations. The Company’s objective and strategy with respect to these interest rate swaps is to protect the Company against adverse fluctuations in interest rates by reducing its exposure to variability to cash flows relating to interest payments on a portion of its outstanding debt. Cash Flow Interest Rate Swaps In the fourth quarter of 2020 the Company terminated its designated interest rate swap transactions with a total notional value of $250 million. Hedge accounting was also discontinued at that time. Losses recorded in accumulated other comprehensive loss for these terminated interest rate swaps are reclassified and recorded in the consolidated condensed statements of operations to the extent it is probable that a portion of the original forecasted transactions related to the portion of the hedged debt repaid will not occur by the end of the originally specified time period. See Note 14 entitled “Items Reclassified From Accumulated Other Comprehensive Loss” for additional information. As of October 3, 2021 and January 3, 2021, the remaining accumulated other comprehensive loss associated with the terminated interest rate swaps was $4.7 million and $8.7 million, respectively, and will be amortized to earnings over the remaining term of the interest rate swaps prior to termination. We expect that approximately $3.3 million related to the terminated interest rate swaps will be reclassified from accumulated other comprehensive loss as an increase to interest expense in the next 12 months. The following table summarizes the impact that changes in the fair value of derivatives designated as cash flow hedges had on accumulated other comprehensive loss, net of tax, during the three and nine months ended October 4, 2020: Three Months Ended Nine Months Ended October 4, 2020 October 4, 2020 (in thousands) Interest rate swap contracts gain (loss) $ 864 $ (5,627) Derivative Transactions Not Designated as Hedging Instruments Our Asia-Pacific operations, from time to time, purchase foreign currency options to economically hedge inventory purchases denominated in foreign currencies other than their functional currency. The Company’s objective with respect to these foreign currency options is to protect the Company against adverse fluctuations in currency rates by reducing its exposure to variability in cash flows related to payment on inventory purchases. These options are classified as non-designated derivative instruments. Gains and losses on the changes in fair value of these foreign currency options are recognized in earnings each period. As of October 3, 2021, the Company had no outstanding foreign currency options. The table below sets forth the fair value of derivative instruments not designated as hedging instruments as of October 3, 2021 and January 3, 2021: Asset Derivatives Balance Sheet Location Fair Value as of October 3, 2021 Fair Value as of January 3, 2021 (in thousands) Foreign currency options Other current assets $ — $ 37 The following tables summarize gains and losses on derivatives not designated as hedging instruments within the consolidated condensed statements of operations for the three and nine months ended October 3, 2021 and October 4, 2020: Three Months Ended Statement of Operations Location October 3, 2021 October 4, 2020 (in thousands) Foreign currency options gain Other expense $ 101 $ 11 Nine Months Ended Statement of Operations Location October 3, 2021 October 4, 2020 (in thousands) Foreign currency options gain Other expense $ 420 $ 90

Shareholders' Equity

Shareholders' Equity	9 Months Ended
	Oct. 03, 2021
Stockholders' Equity Note [Abstract]
Shareholders' Equity	SHAREHOLDERS’ EQUITY The following tables depict the activity in the accounts which make up shareholders’ equity for the three and nine months ended October 3, 2021 and October 4, 2020: SHARES COMMON STOCK ADDITIONAL PAID-IN CAPITAL RETAINED PENSION LIABILITY FOREIGN CURRENCY TRANSLATION ADJUSTMENT CASH FLOW (in thousands) Balance, at January 3, 2021 58,664 $ 5,865 $ 247,920 $ 208,562 $ (69,288) $ (60,331) $ (6,190) Net income — — — 6,938 — — — Restricted stock issuances 376 38 5,277 — — — — Unamortized compensation expense related to restricted stock awards — — (5,315) — — — — Cash dividends declared, $0.01 per common share — — — (589) — — — Compensation expense related to stock awards, net of forfeitures (26) (2) 689 — — — — Pension liability adjustment — — — — 89 — — Foreign currency translation adjustment — — — — — (19,597) — Reclassification out of accumulated other comprehensive loss - discontinued cash flow hedge — — — — — — 749 Balance, at April 4, 2021 59,014 $ 5,901 $ 248,571 $ 214,911 $ (69,199) $ (79,928) $ (5,441) Net income — — — 15,511 — — — Restricted stock issuances 52 6 789 — — — — Unamortized compensation expense related to restricted stock awards — — (794) — — — — Cash dividends declared, $0.01 per common share — — — (589) — — — Compensation expense related to stock awards — — 1,548 — — — — Pension liability adjustment — — — — 100 — — Foreign currency translation adjustment — — — — — 3,455 — Reclassification out of accumulated other comprehensive loss - discontinued cash flow hedge — — — — — — 745 Balance, at July 4, 2021 59,066 $ 5,907 $ 250,114 $ 229,833 $ (69,099) $ (76,473) $ (4,696) Net income — — — 10,959 — — — Cash dividends declared, $0.01 per common share — — — (593) — — — Compensation expense related to stock awards, net of forfeitures (11) (2) 1,680 — — — — Pension liability adjustment — — — — 2,377 — — Foreign currency translation adjustment — — — — — (14,553) — Reclassification out of accumulated other comprehensive loss - discontinued cash flow hedge — — — — — — 1,323 Balance, at October 3, 2021 59,055 $ 5,905 $ 251,794 $ 240,199 $ (66,722) $ (91,026) $ (3,373) SHARES COMMON STOCK ADDITIONAL PAID-IN CAPITAL RETAINED PENSION LIABILITY FOREIGN CURRENCY TRANSLATION ADJUSTMENT CASH FLOW (in thousands) Balance, at December 29, 2019 58,416 $ 5,842 $ 250,306 $ 286,056 $ (56,700) $ (113,139) $ (4,163) Net loss — — — (102,167) — — — Issuances of stock (other than restricted stock) 220 22 197 — — — — Restricted stock issuances 107 10 1,720 — — — — Unamortized compensation expense related to restricted stock awards — — (1,731) — — — — Cash dividends declared, $0.065 per common share — — — (3,807) — — — Compensation expense related to stock awards, net of forfeitures (255) (25) (4,114) — — — — Pension liability adjustment — — — — 1,733 — — Foreign currency translation adjustment — — — — — (15,245) — Cash flow hedge unrealized loss — — — — — — (6,140) Balance, at April 5, 2020 58,488 $ 5,849 $ 246,378 $ 180,082 $ (54,967) $ (128,384) $ (10,303) Net income — — — 4,709 — — — Issuances of stock (other than restricted stock) 12 1 (1) — — — — Restricted stock issuances 70 7 2,294 — — — — Unamortized compensation expense related to restricted stock awards — — (2,300) — — — — Cash dividends declared, $0.01 per common share — — — (585) — — — Compensation expense related to stock awards, net of forfeitures (26) (3) (48) — — — — Pension liability adjustment — — — — (342) — — Foreign currency translation adjustment — — — — — 16,160 — Cash flow hedge unrealized loss — — — — — — (351) Balance, at July 5, 2020 58,544 $ 5,854 $ 246,323 $ 184,206 $ (55,309) $ (112,224) $ (10,654) Net income — — — 5,913 — — — Issuances of stock (other than restricted stock) 7 1 (1) — — — — Restricted stock issuances 127 13 (15) — — — — Unamortized compensation expense related to restricted stock awards — — 2 — — — — Cash dividends declared, $0.01 per common share — — — (586) — — — Compensation expense related to stock awards, net of forfeitures (8) (1) 703 — — — — Pension liability adjustment — — — — (1,471) — — Foreign currency translation adjustment — — — — — 23,402 — Cash flow hedge unrealized loss — — — — — — 864 Balance, at October 4, 2020 58,670 $ 5,867 $ 247,012 $ 189,533 $ (56,780) $ (88,822) $ (9,790) Restricted Stock Awards During the nine months ended October 3, 2021 and October 4, 2020, the Company granted restricted stock awards for 428,400 and 308,100 shares of common stock, respectively. Awards of restricted stock (or a portion thereof) vest with respect to each recipient over a one Compensation expense related to restricted stock grants was $2.8 million and $0.6 million for the nine months ended October 3, 2021, and October 4, 2020, respectively. The Company has reduced its expense for restricted stock forfeited during the period. The following table summarizes restricted stock outstanding as of October 3, 2021, as well as activity during the nine months then ended: Restricted Shares Weighted Average Outstanding at January 3, 2021 436,900 $ 24.73 Granted 428,400 14.26 Vested (167,200) 13.68 Forfeited or canceled (14,300) 15.48 Outstanding at October 3, 2021 683,800 $ 21.06 As of October 3, 2021, the unrecognized total compensation cost related to unvested restricted stock was $6.1 million. That cost is expected to be recognized by the end of 2024. Performance Share Awards During the nine months ended October 3, 2021 and October 4, 2020, the Company issued awards of performance shares to certain employees. These awards vest based on the achievement of certain performance-based goals over a performance period of one The following table summarizes the performance shares outstanding as of October 3, 2021, as well as the activity during the nine months then ended: Performance Shares Weighted Average Outstanding at January 3, 2021 405,300 $ 16.94 Granted 375,800 13.94 Vested — — Forfeited or canceled (63,000) 21.43 Outstanding at October 3, 2021 718,100 $ 14.98 Compensation expense (benefit) related to the performance shares was $1.4 million and $(2.0) million for the nine months ended October 3, 2021 and October 4, 2020, respectively. The Company has reduced its expense for performance shares forfeited during the period. Unrecognized compensation expense related to these performance shares was approximately $9.0 million as of October 3, 2021. Depending on the performance of the Company, any compensation expense related to these outstanding performance shares will be recognized by the end of 2024. The tax benefit recognized with regard to restricted stock and performance shares was approximately $0.8 million for the nine months ended October 3, 2021.

Leases

Leases	9 Months Ended
	Oct. 03, 2021
Leases [Abstract]
Leases	LEASES General The Company has operating and finance leases for manufacturing equipment, corporate offices, showrooms, distribution facilities, design centers, as well as computer and office equipment. The Company’s leases have terms ranging from 1 to 20 years, some of which may include options to extend the lease term for up to 5 years, and certain leases may include an option to terminate the lease. Our lease accounting may include these options to extend or terminate a lease when it is reasonably certain that we will exercise that option. The Company records a right-of-use asset and lease liability for leases extending beyond one year for operating and finance leases once a contract that contains a lease is executed and we have the right to control the use of the leased asset. The right-of-use asset is measured as the present value of the lease obligation. The discount rate used to calculate the present value of the lease liability was the Company’s incremental borrowing rate for the applicable geographical region. As of October 3, 2021, there were no significant leases that had not commenced. The table below represents a summary of the balances recorded in the consolidated condensed balance sheets related to the Company’s leases as of October 3, 2021 and January 3, 2021: October 3, 2021 January 3, 2021 Balance Sheet Location Operating Leases Finance Leases Operating Leases Finance Leases (in thousands) Operating lease right-of-use assets $ 93,999 $ 98,013 Current portion of operating lease liabilities $ 15,040 $ 13,555 Operating lease liabilities 80,741 86,468 Total operating lease liabilities $ 95,781 $ 100,023 Property, plant and equipment, net $ 6,961 $ 6,138 Accrued expenses $ 1,814 $ 1,496 Other long-term liabilities 3,490 2,688 Total finance lease liabilities $ 5,304 $ 4,184 Lease Costs Three Months Ended Nine Months Ended October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Finance lease cost: Amortization of right-of-use assets $ 646 $ 176 $ 1,230 $ 811 Interest on lease liabilities 37 22 104 56 Operating lease cost 5,240 6,095 17,040 19,076 Short-term lease cost 222 85 864 426 Variable lease cost 730 1,089 2,018 2,659 Total lease cost $ 6,875 $ 7,467 $ 21,256 $ 23,028 Other Supplemental Information Three Months Ended Nine Months Ended October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 16 $ 22 $ 83 $ 56 Operating cash flows from operating leases 6,677 5,528 17,353 16,978 Financing cash flows from finance leases 680 442 1,796 1,252 Right-of-use assets obtained in exchange for new finance lease liabilities 67 1,156 2,811 1,709 Right-of-use assets obtained in exchange for new operating lease liabilities 6,417 1,517 12,062 5,582 Lease Term and Discount Rate The table below presents the weighted average remaining lease terms and discount rates for finance and operating leases as of October 3, 2021 and January 3, 2021: October 3, 2021 January 3, 2021 Weighted-average remaining lease term – finance leases (in years) 3.28 3.35 Weighted-average remaining lease term – operating leases (in years) 10.03 10.61 Weighted-average discount rate – finance leases 2.84 % 2.64 % Weighted-average discount rate – operating leases 5.87 % 5.98 % Maturity Analysis A maturity analysis of lease payments under non-cancellable leases is presented as follows: Fiscal Year Operating Leases Finance Leases (in thousands) 2021 (excluding the nine months ended October 3, 2021) $ 4,842 $ 696 2022 17,833 1,821 2023 13,698 1,441 2024 12,225 1,055 2025 10,578 412 Thereafter 71,205 135 Total future minimum lease payments (undiscounted) 130,381 5,560 Less: Present value discount (34,600) (256) Total lease liability $ 95,781 $ 5,304
Leases	LEASES General The Company has operating and finance leases for manufacturing equipment, corporate offices, showrooms, distribution facilities, design centers, as well as computer and office equipment. The Company’s leases have terms ranging from 1 to 20 years, some of which may include options to extend the lease term for up to 5 years, and certain leases may include an option to terminate the lease. Our lease accounting may include these options to extend or terminate a lease when it is reasonably certain that we will exercise that option. The Company records a right-of-use asset and lease liability for leases extending beyond one year for operating and finance leases once a contract that contains a lease is executed and we have the right to control the use of the leased asset. The right-of-use asset is measured as the present value of the lease obligation. The discount rate used to calculate the present value of the lease liability was the Company’s incremental borrowing rate for the applicable geographical region. As of October 3, 2021, there were no significant leases that had not commenced. The table below represents a summary of the balances recorded in the consolidated condensed balance sheets related to the Company’s leases as of October 3, 2021 and January 3, 2021: October 3, 2021 January 3, 2021 Balance Sheet Location Operating Leases Finance Leases Operating Leases Finance Leases (in thousands) Operating lease right-of-use assets $ 93,999 $ 98,013 Current portion of operating lease liabilities $ 15,040 $ 13,555 Operating lease liabilities 80,741 86,468 Total operating lease liabilities $ 95,781 $ 100,023 Property, plant and equipment, net $ 6,961 $ 6,138 Accrued expenses $ 1,814 $ 1,496 Other long-term liabilities 3,490 2,688 Total finance lease liabilities $ 5,304 $ 4,184 Lease Costs Three Months Ended Nine Months Ended October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Finance lease cost: Amortization of right-of-use assets $ 646 $ 176 $ 1,230 $ 811 Interest on lease liabilities 37 22 104 56 Operating lease cost 5,240 6,095 17,040 19,076 Short-term lease cost 222 85 864 426 Variable lease cost 730 1,089 2,018 2,659 Total lease cost $ 6,875 $ 7,467 $ 21,256 $ 23,028 Other Supplemental Information Three Months Ended Nine Months Ended October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 16 $ 22 $ 83 $ 56 Operating cash flows from operating leases 6,677 5,528 17,353 16,978 Financing cash flows from finance leases 680 442 1,796 1,252 Right-of-use assets obtained in exchange for new finance lease liabilities 67 1,156 2,811 1,709 Right-of-use assets obtained in exchange for new operating lease liabilities 6,417 1,517 12,062 5,582 Lease Term and Discount Rate The table below presents the weighted average remaining lease terms and discount rates for finance and operating leases as of October 3, 2021 and January 3, 2021: October 3, 2021 January 3, 2021 Weighted-average remaining lease term – finance leases (in years) 3.28 3.35 Weighted-average remaining lease term – operating leases (in years) 10.03 10.61 Weighted-average discount rate – finance leases 2.84 % 2.64 % Weighted-average discount rate – operating leases 5.87 % 5.98 % Maturity Analysis A maturity analysis of lease payments under non-cancellable leases is presented as follows: Fiscal Year Operating Leases Finance Leases (in thousands) 2021 (excluding the nine months ended October 3, 2021) $ 4,842 $ 696 2022 17,833 1,821 2023 13,698 1,441 2024 12,225 1,055 2025 10,578 412 Thereafter 71,205 135 Total future minimum lease payments (undiscounted) 130,381 5,560 Less: Present value discount (34,600) (256) Total lease liability $ 95,781 $ 5,304

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Oct. 03, 2021
Retirement Benefits [Abstract]
Employee Benefit Plans	EMPLOYEE BENEFIT PLANS During the three and nine months ended October 3, 2021, the Company recorded multi-employer pension expense related to multi-employer contributions of $0.6 million and $2.0 million, respectively. During the three and nine months ended October 4, 2020, the Company recorded multi-employer pension expense related to multi-employer contributions of $0.6 million and $1.9 million, respectively. The following tables provide the components of net periodic benefit cost for the three and nine months ended October 3, 2021 and October 4, 2020: Three Months Ended Nine Months Ended Defined Benefit Retirement Plans (Europe) October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Interest cost $ 570 $ 907 $ 1,721 $ 2,668 Expected return on assets (847) (1,082) (2,556) (3,184) Amortization of prior service cost 28 27 86 79 Amortization of net actuarial losses 402 335 1,215 981 Net periodic benefit cost $ 153 $ 187 $ 466 $ 544 Three Months Ended Nine Months Ended Salary Continuation Plan October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Interest cost $ 176 $ 234 $ 529 $ 703 Amortization of net actuarial losses 186 140 558 419 Net periodic benefit cost $ 362 $ 374 $ 1,087 $ 1,122 Three Months Ended Nine Months Ended nora Defined Benefit Plan October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Service cost $ 271 $ 274 $ 825 $ 791 Interest cost 101 117 308 338 Amortization of net actuarial losses 89 58 273 168 Net periodic benefit cost $ 461 $ 449 $ 1,406 $ 1,297 In accordance with applicable accounting standards, the service cost component of net periodic benefit costs is presented within operating income (loss) in the consolidated condensed statements of operations, while all other components of net periodic benefit costs are presented within other expense in the consolidated condensed statements of operations.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Oct. 03, 2021
Goodwill [Abstract]
Goodwill and Intangible Assets	GOODWILL AND INTANGIBLE ASSETS In the first quarter of 2021, the Company determined that it has two operating and reportable segments – namely AMS and EAAA. See Note 11 entitled “Segment Information” for additional information. The Company tests goodwill for impairment at least annually at the reporting unit level. The Company’s reporting units remain unchanged following the realignment of its operating segments and consist of the Americas, Europe, and Asia-Pacific. The Americas reporting unit is the same as the AMS reportable segment, and the Europe and Asia-Pacific reporting units are one level below the EAAA reportable segment. During the first quarter of 2020, as a result of changes in macroeconomic conditions related to the COVID-19 pandemic, the Company recognized a charge of $121.3 million for the impairment of goodwill and certain intangible assets. As a result of the first quarter 2020 assessment, we determined that the fair value for two reporting units was less than their carrying value and recognized a goodwill impairment loss of $116.5 million in the first quarter of 2020. The expected decline in revenue due to the impact of COVID-19 contributed to the lower fair value of our Europe and Asia-Pacific reporting units. As such, the goodwill impairment loss was allocated to our Europe and Asia-Pacific reporting units in the amounts of $99.2 million and $17.3 million, respectively. There were no indicators of additional goodwill impairment as of October 3, 2021. The changes in the carrying amounts of goodwill attributable to each reportable segment for the nine months ended October 3, 2021 are as follows: AMS EAAA Total (in thousands) Balance, at January 3, 2021 $ 122,344 $ 43,433 $ 165,777 Foreign currency translation (10,272) (3,647) (13,919) Balance, at October 3, 2021 $ 112,072 $ 39,786 $ 151,858 Additionally, we determined that the trademarks and trade names intangible assets related to the acquired nora business were also impaired and recognized an impairment loss of $4.8 million in the first quarter of 2020. The carrying value of intangible assets was $79.0 million at October 3, 2021. There were no indicators of additional intangible asset impairment as of the end of the third quarter of 2021.

Segment Information

Segment Information	9 Months Ended
	Oct. 03, 2021
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION The Company determines that an operating segment exists if a component (i) engages in business activities from which it earns revenues and incurs expenses, (ii) has operating results that are regularly reviewed by the chief operating decision maker (“CODM”) and (iii) has discrete financial information. Additionally, accounting standards require the utilization of a “management approach” to report the financial results of operating segments, which is based on information used by the CODM to assess performance and make operating and resource allocation decisions. In the first quarter of 2021, the Company largely completed its integration of the nora acquisition, and integration of its European and Asia-Pacific commercial areas and determined that it has two operating segments organized by geographical area – namely (a) Americas (“AMS”) and (b) Europe, Africa, Asia and Australia (collectively “EAAA”). The AMS operating segment is unchanged from prior year and continues to include the United States, Canada and Latin America geographic areas. Pursuant to the management approach discussed above, the Company’s CODM, our chief executive officer, evaluates performance at the AMS and EAAA operating segment levels and makes operating and resource allocation decisions based on segment adjusted operating income or loss (“AOI”), which includes allocations of corporate selling, general and administrative expenses. AOI excludes nora purchase accounting amortization, goodwill and intangible asset impairment charges, changes in equity award forfeiture accounting, restructuring charges, asset impairment, severance and other charges, and an SEC settlement fine. Intersegment revenues for the three and nine months ended October 3, 2021 were $20.1 million and $56.4 million, respectively, and intersegment revenues for the three and nine months ended October 4, 2020 were $15.6 million and $56.2 million, respectively. Intersegment revenues are eliminated from net sales presented below since these amounts are not included in the information provided to the CODM. The Company has determined that it has two reportable segments – AMS and EAAA as each operating segment meets the quantitative thresholds defined in the accounting guidance. Segment information below for fiscal year 2020 has been restated to reflect our new reportable segment structure. Three Months Ended Nine Months Ended October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Net Sales AMS $ 176,770 $ 142,858 $ 460,402 $ 452,171 EAAA 135,937 135,784 400,350 374,144 Total net sales $ 312,707 $ 278,642 $ 860,752 $ 826,315 Segment AOI AMS $ 21,595 $ 20,279 $ 54,606 $ 67,771 EAAA 8,586 7,821 26,557 17,151 Depreciation and Amortization AMS $ 4,365 $ 4,301 $ 13,592 $ 12,174 EAAA 7,052 7,431 21,495 21,306 Total depreciation and amortization $ 11,417 $ 11,732 $ 35,087 $ 33,480 A reconciliation of the Company’s total operating segment assets to the corresponding consolidated amounts follows: October 3, 2021 January 3, 2021 (in thousands) Assets AMS $ 808,015 $ 800,068 EAAA 697,799 682,295 Total segment assets 1,505,814 1,482,363 Corporate assets 123,196 111,073 Eliminations (339,768) (287,425) Total reported assets $ 1,289,242 $ 1,306,011 Reconciliations of operating income (loss) to income (loss) before income tax expense and segment AOI are presented as follows: Three Months Ended Nine Months Ended October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) AMS operating income $ 21,684 $ 14,857 $ 54,432 $ 52,144 EAAA operating income (loss) 3,093 1,025 16,435 (112,381) Consolidated operating income (loss) 24,777 15,882 70,867 (60,237) Interest expense 7,727 5,426 22,272 16,021 Other expense 887 2,921 2,219 9,551 Income (loss) before income tax expense $ 16,163 $ 7,535 $ 46,376 $ (85,809) Three Months Ended October 3, 2021 Three Months Ended October 4, 2020 AMS EAAA AMS EAAA (in thousands) Operating income $ 21,684 $ 3,093 $ 14,857 $ 1,025 Purchase accounting amortization — 1,407 — 1,399 Restructuring, asset impairment, severance and other charges (89) 4,086 2,733 3,086 SEC fine — — 2,689 2,311 AOI $ 21,595 $ 8,586 $ 20,279 $ 7,821 Nine Months Ended October 3, 2021 Nine Months Ended October 4, 2020 AMS EAAA AMS EAAA (in thousands) Operating income (loss) $ 54,432 $ 16,435 $ 52,144 $ (112,381) Purchase accounting amortization — 4,269 — 4,030 Goodwill and intangible asset impairment — — 2,695 118,563 Impact of change in equity award forfeiture accounting — — 757 650 Restructuring, asset impairment, severance and other charges 174 5,853 9,486 3,978 SEC fine — — 2,689 2,311 AOI $ 54,606 $ 26,557 $ 67,771 $ 17,151

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Oct. 03, 2021
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	SUPPLEMENTAL CASH FLOW INFORMATION Cash payments for interest amounted to $13.2 million and $16.0 million for the nine months ended October 3, 2021 and October 4, 2020, respectively. Income tax payments, net of refunds, amounted to $15.3 million and $8.2 million for the nine months ended October 3, 2021 and October 4, 2020, respectively. See Note 8 entitled “Leases” for supplemental disclosures related to finance and operating leases.

Income Taxes

Income Taxes	9 Months Ended
	Oct. 03, 2021
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company determines its provision for income taxes for interim periods using an estimate of its annual effective tax rate and records any changes affecting the estimated annual effective tax rate in the interim period in which the change occurs, including discrete tax items. During the nine months ended October 3, 2021, the Company recorded a total income tax provision of $13.0 million on pre-tax income of $46.4 million resulting in an effective tax rate of 28.0%, as compared to a total income tax provision of $5.7 million on a pre-tax loss of $85.8 million resulting in an effective tax rate of (6.7)% during the nine months ended October 4, 2020. The effective tax rate for the period ended October 4, 2020 was primarily impacted by a non-deductible goodwill impairment. Excluding the impact of the goodwill impairment, the effective tax rate was 18.7% during the nine months ended October 4, 2020. The increase in the effective tax rate as compared to the period ended October 4, 2020, excluding the non-deductible goodwill impairment, was due to the one-time favorable impacts of amending prior year tax returns during the nine months ended October 4, 2020. In the first nine months of 2021, the Company decreased its liability for unrecognized tax benefits by $0.6 million. The decrease was primarily due to settlements with taxing authorities and a lapse of applicable statute of limitations. As of October 3, 2021, the Company had accrued approximately $10.2 million for unrecognized tax benefits. In accordance with applicable accounting standards, the Company’s deferred tax asset as of October 3, 2021 reflects a reduction for $3.0 million of these unrecognized tax benefits. In October 2021, the statute of limitations for the 2017 U.S. federal income tax return closed. As a result of this lapse in the statute of limitations, the Company will recognize $1.2 million of unrecognized tax benefits in the fourth quarter of 2021.

Items Reclassified From Accumul

Items Reclassified From Accumulated Other Comprehensive Loss	3 Months Ended
	Jul. 04, 2021
Equity [Abstract]
Items Reclassified From Accumulated Other Comprehensive Loss	ITEMS RECLASSIFIED FROM ACCUMULATED OTHER COMPREHENSIVE LOSS Amounts reclassified out of accumulated other comprehensive loss (“AOCI”), before tax, to the consolidated condensed statements of operations during the three and nine months ended October 3, 2021 and October 4, 2020 are reflected in the table below: Three Months Ended Statement of Operations Location October 3, 2021 October 4, 2020 (in thousands) Interest rate swap contracts loss Interest expense $ (1,845) $ (1,328) Amortization of benefit plan prior service cost and net actuarial losses Other expense (705) (560) Total loss reclassified from AOCI, net $ (2,550) $ (1,888) Nine Months Ended Statement of Operations Location October 3, 2021 October 4, 2020 (in thousands) Interest rate swap contracts loss Interest expense $ (3,952) $ (2,944) Amortization of benefit plan prior service cost and net actuarial losses Other expense (2,132) (1,647) Total loss reclassified from AOCI, net $ (6,084) $ (4,591)

Restructuring and Other Charges

Restructuring and Other Charges	9 Months Ended
	Oct. 03, 2021
Restructuring and Related Activities [Abstract]
Restructuring and Other Charges	RESTRUCTURING AND OTHER CHARGES A summary of restructuring activities for the 2021 and 2019 restructuring plans are presented below: Workforce Reduction Asset Impairment 2021 Plan 2019 Plan 2021 Plan Total (in thousands) Balance, at January 3, 2021 $ — $ 1,064 $ — $ 1,064 Charged to expenses 2,229 (258) 1,650 3,621 Deductions — (645) — (645) Charged to other accounts — — (1,650) (1,650) Balance, at October 3, 2021 $ 2,229 $ 161 $ — $ 2,390 For the nine months ended October 3, 2021, the Company recorded restructuring and asset impairment charges of $3.6 million. At October 3, 2021, the restructuring reserve was $2.4 million. Below is a discussion of the restructuring plan activities under the 2021 and 2019 restructuring plans. 2021 Restructuring Plan On September 8, 2021, the Company committed to a new restructuring plan that continues to focus on efforts to improve efficiencies and decrease costs across its worldwide operations. The plan involves a reduction of approximately 188 employees and the closure of the Company’s manufacturing facility in Thailand at the end of the first quarter of 2022. As a result of this plan, the Company expects to incur pre-tax restructuring charges between the third quarter of 2021 and the fourth quarter of 2022 of approximately $4 million to $5 million. The expected charges are comprised of severance expenses ($2.2 million), retention bonuses ($0.5 million), and asset impairment and other charges ($2.0 million). The retention costs of approximately $0.5 million will be recognized through the end of fiscal year 2022 as earned over the requisite service periods. Restructuring charges of $3.9 million comprised of severance and asset impairment charges were recognized during the third quarter of 2021. The restructuring plan is expected to result in future cash expenditures of approximately $3 million to $4 million for payment of the employee severance, employee retention bonuses and other costs of the shutdown of the Thailand manufacturing facility, as described above. The Company expects to complete the restructuring plan in fiscal year 2022 and expects the plan to yield annualized savings of approximately $1.7 million. A portion of the annualized savings is expected to be realized on the income statement in fiscal year 2022, with the remaining portion of the annualized savings expected to be realized in fiscal year 2023. 2019 Restructuring Plan On December 23, 2019, the Company committed to a new restructuring plan that continues to focus on efforts to improve efficiencies and decrease costs across its worldwide operations, and more closely align its operating structure with its business strategy. The plan involved a reduction of approximately 105 employees and early termination of two office leases. As a result of this plan, the Company recorded a pre-tax restructuring charge in the fourth quarter of 2019 of approximately $9.0 million. The charge was comprised of severance expenses ($8.8 million) and lease exit costs ($0.2 million). The restructuring plan was expected to result in cash expenditures of approximately $9.0 million for payment of the employee severance and lease exit costs, as described above. The Company expects to complete the restructuring plan in fiscal year 2021 and expects the plan to yield annualized savings of approximately $6.0 million. A portion of the annualized savings was realized on the income statement in fiscal year 2020, with the remaining portion of the annualized savings expected to be realized in fiscal year 2021.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Oct. 03, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation As contemplated by the Securities and Exchange Commission (the “Commission”) instructions to Form 10-Q, the following footnotes have been condensed and, therefore, do not contain all disclosures required in connection with annual financial statements. Reference should be made to the Company’s year-end financial statements and notes thereto contained in its Annual Report on Form 10-K for the fiscal year ended January 3, 2021, as filed with the Commission. The financial information included in this report has been prepared by the Company, without audit. In the opinion of management, the financial information included in this report contains all adjustments necessary for a fair presentation of the results for the interim periods. All such adjustments are of a normal recurring nature unless otherwise disclosed. Nevertheless, the results shown for interim periods are not necessarily indicative of results to be expected for the full year. The January 3, 2021, consolidated condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States (“GAAP”). The nine-month period ended October 3, 2021 includes 39 weeks, and the nine-month period ended October 4, 2020 includes 40 weeks. The three-month periods ended October 3, 2021 and October 4, 2020 both include 13 weeks.
Risks and Uncertainties	Risks and Uncertainties The World Health Organization declared the COVID-19 outbreak a pandemic in March 2020, and many companies have experienced disruptions in their operations. The Company considered the impact of COVID-19 on the assumptions and estimates used and determined that, except for the goodwill and intangible asset impairment recorded in the first quarter of 2020 and discussed in Note 10 “Goodwill and Intangible Assets,” the continued impacts to our global supply chain, and its consequent impacts on production volume, raw material shortages, raw material cost increases, higher freight costs, shipping delays and labor shortages, gross profit margins, operating income, net income, cash flows, and order rates, there were no other material adverse impacts on the Company’s results of operations and financial position at October 3, 2021. The Company’s primary credit facility has various financial and other covenants including, but not limited to, a covenant to not exceed a maximum secured net debt to EBITDA ratio, as defined by the credit facility agreement. The Company is currently in compliance with all covenants under the credit facility agreement and anticipates that it will remain in compliance with the covenants for the foreseeable future. The full extent of the future impact of COVID-19 on the Company’s operations is uncertain. A prolonged COVID-19 pandemic may continue to have a material adverse impact on our operations, financial condition, and supply chains. It may negatively impact our ability to collect outstanding receivables, manage inventory, produce our products and service customers. The impact of COVID-19 could result in additional impairment losses related to goodwill, intangible assets, and property, plant and equipment.
Reclassifications	Reclassifications In the first quarter of fiscal 2021, the Company determined that it has two operating and reportable segments – namely Americas (“AMS”) and Europe, Africa, Asia and Australia (collectively “EAAA”). The AMS operating segment is unchanged from prior year and continues to include the United States, Canada and Latin America geographic areas. Segment disclosures for 2020 have been restated to conform to the current reportable segment structure. See Note 11 entitled “Segment Information” for additional information.
Recent Accounting Pronouncements	Recently Adopted Accounting Pronouncements On January 4, 2021, the Company adopted Accounting Standards Update (“ASU”) 2019-12, “ Simplifying the Accounting for Income Taxes .” The amendments in this update simplify the accounting for income taxes by removing certain exceptions to the general principles in ASC Topic 740 related to intraperiod tax allocation, the calculation of income taxes in interim periods, and the accounting for outside basis differences of foreign subsidiaries and equity method investments. The amendments also improve consistent application of and simplify GAAP for other areas of ASC Topic 740, including franchise or similar taxes partially based on income, the accounting for a step-up in tax basis goodwill, and interim recognition of an enacted change in tax laws or rates, by clarifying and amending existing guidance. The adoption of this standard did not have a material impact to the Company’s consolidated financial statements. Recently Issued Accounting Pronouncements Not Yet Adopted In March 2020, the Financial Accounting Standards Board (“FASB”) issued ASU 2020-04, “ Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting .” This standard addresses the risks from the discontinuation of the London Interbank Offered Rate (LIBOR) and provides optional expedients and exceptions to contracts, hedging relationships and other transactions that reference LIBOR if certain criteria are met. This new guidance is effective and may be applied beginning March 12, 2020 through December 31, 2022. While the Company is currently evaluating the impact of adoption of this standard, we do not expect the adoption of this ASU to have a material impact on our consolidated financial statements.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Oct. 03, 2021
Revenues [Abstract]
Disaggregation of Revenue	For the nine months ended October 3, 2021 and October 4, 2020, revenue from the Company’s customers is broken down by geography as follows: Nine Months Ended Geography October 3, 2021 October 4, 2020 Americas 53.5% 54.7% Europe 32.6% 31.4% Asia-Pacific 13.9% 13.9%

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Oct. 03, 2021
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories are summarized as follows: October 3, 2021 January 3, 2021 (in thousands) Finished goods $ 176,180 $ 152,836 Work in process 16,487 17,109 Raw materials 63,985 58,780 Inventories, net $ 256,652 $ 228,725

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Oct. 03, 2021
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table shows the computation of basic and diluted EPS: Three Months Ended Nine Months Ended October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands, except per share data) Numerator: Net income (loss) $ 10,959 $ 5,913 $ 33,408 $ (91,545) Less: distributed and undistributed earnings available to participating securities (127) (46) (358) (38) Distributed and undistributed earnings (loss) available to common shareholders $ 10,832 $ 5,867 $ 33,050 $ (91,583) Denominator: Weighted average shares outstanding 58,371 58,140 58,312 58,055 Participating securities 686 452 630 452 Shares for basic EPS 59,057 58,592 58,942 58,507 Dilutive effect of stock options — — — — Shares for diluted EPS 59,057 58,592 58,942 58,507 Basic EPS $ 0.19 $ 0.10 $ 0.57 $ (1.56) Diluted EPS $ 0.19 $ 0.10 $ 0.57 $ (1.56)

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Oct. 03, 2021
Debt Disclosure [Abstract]
Schedule of Long-Term Debt Instruments	Long-term debt consisted of the following: October 3, 2021 January 3, 2021 Outstanding Principal Interest Rate (1) Outstanding Principal Interest Rate (1) (in thousands) (in thousands) Syndicated Credit Facility: Revolving loan borrowings $ — — % $ 3,000 4.00 % Term loan borrowings 232,639 1.82 % 282,215 1.87 % Total borrowings under Syndicated Credit Facility 232,639 1.82 % 285,215 1.89 % 5.50% Senior Notes due 2028 300,000 5.50 % 300,000 5.50 % Total debt 532,639 585,215 Less: Unamortized debt issuance costs (7,660) (8,645) Total debt, net 524,979 576,570 Less: Current portion of long-term debt (15,067) (15,319) Total long-term debt, net $ 509,912 $ 561,251 (1) Represents the stated rate of interest, without the effect of debt issuance costs or interest rate swaps.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Oct. 03, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Loss	The following table summarizes the impact that changes in the fair value of derivatives designated as cash flow hedges had on accumulated other comprehensive loss, net of tax, during the three and nine months ended October 4, 2020: Three Months Ended Nine Months Ended October 4, 2020 October 4, 2020 (in thousands) Interest rate swap contracts gain (loss) $ 864 $ (5,627)
Derivatives Not Designated as Hedging Instruments	The table below sets forth the fair value of derivative instruments not designated as hedging instruments as of October 3, 2021 and January 3, 2021: Asset Derivatives Balance Sheet Location Fair Value as of October 3, 2021 Fair Value as of January 3, 2021 (in thousands) Foreign currency options Other current assets $ — $ 37 The following tables summarize gains and losses on derivatives not designated as hedging instruments within the consolidated condensed statements of operations for the three and nine months ended October 3, 2021 and October 4, 2020: Three Months Ended Statement of Operations Location October 3, 2021 October 4, 2020 (in thousands) Foreign currency options gain Other expense $ 101 $ 11 Nine Months Ended Statement of Operations Location October 3, 2021 October 4, 2020 (in thousands) Foreign currency options gain Other expense $ 420 $ 90

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	9 Months Ended
	Oct. 03, 2021
Stockholders' Equity Note [Abstract]
Schedule of Shareholders' Equity	The following tables depict the activity in the accounts which make up shareholders’ equity for the three and nine months ended October 3, 2021 and October 4, 2020: SHARES COMMON STOCK ADDITIONAL PAID-IN CAPITAL RETAINED PENSION LIABILITY FOREIGN CURRENCY TRANSLATION ADJUSTMENT CASH FLOW (in thousands) Balance, at January 3, 2021 58,664 $ 5,865 $ 247,920 $ 208,562 $ (69,288) $ (60,331) $ (6,190) Net income — — — 6,938 — — — Restricted stock issuances 376 38 5,277 — — — — Unamortized compensation expense related to restricted stock awards — — (5,315) — — — — Cash dividends declared, $0.01 per common share — — — (589) — — — Compensation expense related to stock awards, net of forfeitures (26) (2) 689 — — — — Pension liability adjustment — — — — 89 — — Foreign currency translation adjustment — — — — — (19,597) — Reclassification out of accumulated other comprehensive loss - discontinued cash flow hedge — — — — — — 749 Balance, at April 4, 2021 59,014 $ 5,901 $ 248,571 $ 214,911 $ (69,199) $ (79,928) $ (5,441) Net income — — — 15,511 — — — Restricted stock issuances 52 6 789 — — — — Unamortized compensation expense related to restricted stock awards — — (794) — — — — Cash dividends declared, $0.01 per common share — — — (589) — — — Compensation expense related to stock awards — — 1,548 — — — — Pension liability adjustment — — — — 100 — — Foreign currency translation adjustment — — — — — 3,455 — Reclassification out of accumulated other comprehensive loss - discontinued cash flow hedge — — — — — — 745 Balance, at July 4, 2021 59,066 $ 5,907 $ 250,114 $ 229,833 $ (69,099) $ (76,473) $ (4,696) Net income — — — 10,959 — — — Cash dividends declared, $0.01 per common share — — — (593) — — — Compensation expense related to stock awards, net of forfeitures (11) (2) 1,680 — — — — Pension liability adjustment — — — — 2,377 — — Foreign currency translation adjustment — — — — — (14,553) — Reclassification out of accumulated other comprehensive loss - discontinued cash flow hedge — — — — — — 1,323 Balance, at October 3, 2021 59,055 $ 5,905 $ 251,794 $ 240,199 $ (66,722) $ (91,026) $ (3,373) SHARES COMMON STOCK ADDITIONAL PAID-IN CAPITAL RETAINED PENSION LIABILITY FOREIGN CURRENCY TRANSLATION ADJUSTMENT CASH FLOW (in thousands) Balance, at December 29, 2019 58,416 $ 5,842 $ 250,306 $ 286,056 $ (56,700) $ (113,139) $ (4,163) Net loss — — — (102,167) — — — Issuances of stock (other than restricted stock) 220 22 197 — — — — Restricted stock issuances 107 10 1,720 — — — — Unamortized compensation expense related to restricted stock awards — — (1,731) — — — — Cash dividends declared, $0.065 per common share — — — (3,807) — — — Compensation expense related to stock awards, net of forfeitures (255) (25) (4,114) — — — — Pension liability adjustment — — — — 1,733 — — Foreign currency translation adjustment — — — — — (15,245) — Cash flow hedge unrealized loss — — — — — — (6,140) Balance, at April 5, 2020 58,488 $ 5,849 $ 246,378 $ 180,082 $ (54,967) $ (128,384) $ (10,303) Net income — — — 4,709 — — — Issuances of stock (other than restricted stock) 12 1 (1) — — — — Restricted stock issuances 70 7 2,294 — — — — Unamortized compensation expense related to restricted stock awards — — (2,300) — — — — Cash dividends declared, $0.01 per common share — — — (585) — — — Compensation expense related to stock awards, net of forfeitures (26) (3) (48) — — — — Pension liability adjustment — — — — (342) — — Foreign currency translation adjustment — — — — — 16,160 — Cash flow hedge unrealized loss — — — — — — (351) Balance, at July 5, 2020 58,544 $ 5,854 $ 246,323 $ 184,206 $ (55,309) $ (112,224) $ (10,654) Net income — — — 5,913 — — — Issuances of stock (other than restricted stock) 7 1 (1) — — — — Restricted stock issuances 127 13 (15) — — — — Unamortized compensation expense related to restricted stock awards — — 2 — — — — Cash dividends declared, $0.01 per common share — — — (586) — — — Compensation expense related to stock awards, net of forfeitures (8) (1) 703 — — — — Pension liability adjustment — — — — (1,471) — — Foreign currency translation adjustment — — — — — 23,402 — Cash flow hedge unrealized loss — — — — — — 864 Balance, at October 4, 2020 58,670 $ 5,867 $ 247,012 $ 189,533 $ (56,780) $ (88,822) $ (9,790)
Schedule of Restricted Stock Outstanding and Activity	The following table summarizes restricted stock outstanding as of October 3, 2021, as well as activity during the nine months then ended: Restricted Shares Weighted Average Outstanding at January 3, 2021 436,900 $ 24.73 Granted 428,400 14.26 Vested (167,200) 13.68 Forfeited or canceled (14,300) 15.48 Outstanding at October 3, 2021 683,800 $ 21.06
Schedule of Performance Shares Outstanding and Activity	The following table summarizes the performance shares outstanding as of October 3, 2021, as well as the activity during the nine months then ended: Performance Shares Weighted Average Outstanding at January 3, 2021 405,300 $ 16.94 Granted 375,800 13.94 Vested — — Forfeited or canceled (63,000) 21.43 Outstanding at October 3, 2021 718,100 $ 14.98

Leases (Tables)

Leases (Tables)	9 Months Ended
	Oct. 03, 2021
Leases [Abstract]
Balance Sheet Information, Lessee	The table below represents a summary of the balances recorded in the consolidated condensed balance sheets related to the Company’s leases as of October 3, 2021 and January 3, 2021: October 3, 2021 January 3, 2021 Balance Sheet Location Operating Leases Finance Leases Operating Leases Finance Leases (in thousands) Operating lease right-of-use assets $ 93,999 $ 98,013 Current portion of operating lease liabilities $ 15,040 $ 13,555 Operating lease liabilities 80,741 86,468 Total operating lease liabilities $ 95,781 $ 100,023 Property, plant and equipment, net $ 6,961 $ 6,138 Accrued expenses $ 1,814 $ 1,496 Other long-term liabilities 3,490 2,688 Total finance lease liabilities $ 5,304 $ 4,184
Schedule of Lease Cost	Lease Costs Three Months Ended Nine Months Ended October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Finance lease cost: Amortization of right-of-use assets $ 646 $ 176 $ 1,230 $ 811 Interest on lease liabilities 37 22 104 56 Operating lease cost 5,240 6,095 17,040 19,076 Short-term lease cost 222 85 864 426 Variable lease cost 730 1,089 2,018 2,659 Total lease cost $ 6,875 $ 7,467 $ 21,256 $ 23,028
Other Supplemental Information, Lessee	Other Supplemental Information Three Months Ended Nine Months Ended October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 16 $ 22 $ 83 $ 56 Operating cash flows from operating leases 6,677 5,528 17,353 16,978 Financing cash flows from finance leases 680 442 1,796 1,252 Right-of-use assets obtained in exchange for new finance lease liabilities 67 1,156 2,811 1,709 Right-of-use assets obtained in exchange for new operating lease liabilities 6,417 1,517 12,062 5,582
Weighted Average Lease Term and Discount Rate, Lessee	The table below presents the weighted average remaining lease terms and discount rates for finance and operating leases as of October 3, 2021 and January 3, 2021: October 3, 2021 January 3, 2021 Weighted-average remaining lease term – finance leases (in years) 3.28 3.35 Weighted-average remaining lease term – operating leases (in years) 10.03 10.61 Weighted-average discount rate – finance leases 2.84 % 2.64 % Weighted-average discount rate – operating leases 5.87 % 5.98 %
Lease Liability Maturity Schedule	A maturity analysis of lease payments under non-cancellable leases is presented as follows: Fiscal Year Operating Leases Finance Leases (in thousands) 2021 (excluding the nine months ended October 3, 2021) $ 4,842 $ 696 2022 17,833 1,821 2023 13,698 1,441 2024 12,225 1,055 2025 10,578 412 Thereafter 71,205 135 Total future minimum lease payments (undiscounted) 130,381 5,560 Less: Present value discount (34,600) (256) Total lease liability $ 95,781 $ 5,304
Lease Liability Maturity Schedule	A maturity analysis of lease payments under non-cancellable leases is presented as follows: Fiscal Year Operating Leases Finance Leases (in thousands) 2021 (excluding the nine months ended October 3, 2021) $ 4,842 $ 696 2022 17,833 1,821 2023 13,698 1,441 2024 12,225 1,055 2025 10,578 412 Thereafter 71,205 135 Total future minimum lease payments (undiscounted) 130,381 5,560 Less: Present value discount (34,600) (256) Total lease liability $ 95,781 $ 5,304

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Oct. 03, 2021
Retirement Benefits [Abstract]
Schedule of Net Periodic Benefit Costs	The following tables provide the components of net periodic benefit cost for the three and nine months ended October 3, 2021 and October 4, 2020: Three Months Ended Nine Months Ended Defined Benefit Retirement Plans (Europe) October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Interest cost $ 570 $ 907 $ 1,721 $ 2,668 Expected return on assets (847) (1,082) (2,556) (3,184) Amortization of prior service cost 28 27 86 79 Amortization of net actuarial losses 402 335 1,215 981 Net periodic benefit cost $ 153 $ 187 $ 466 $ 544 Three Months Ended Nine Months Ended Salary Continuation Plan October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Interest cost $ 176 $ 234 $ 529 $ 703 Amortization of net actuarial losses 186 140 558 419 Net periodic benefit cost $ 362 $ 374 $ 1,087 $ 1,122 Three Months Ended Nine Months Ended nora Defined Benefit Plan October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Service cost $ 271 $ 274 $ 825 $ 791 Interest cost 101 117 308 338 Amortization of net actuarial losses 89 58 273 168 Net periodic benefit cost $ 461 $ 449 $ 1,406 $ 1,297

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Oct. 03, 2021
Goodwill [Abstract]
Changes in Carrying Amounts of Goodwill	The changes in the carrying amounts of goodwill attributable to each reportable segment for the nine months ended October 3, 2021 are as follows: AMS EAAA Total (in thousands) Balance, at January 3, 2021 $ 122,344 $ 43,433 $ 165,777 Foreign currency translation (10,272) (3,647) (13,919) Balance, at October 3, 2021 $ 112,072 $ 39,786 $ 151,858

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Oct. 03, 2021
Segment Reporting [Abstract]
Schedule of Operating Segment Information	Segment information below for fiscal year 2020 has been restated to reflect our new reportable segment structure. Three Months Ended Nine Months Ended October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) Net Sales AMS $ 176,770 $ 142,858 $ 460,402 $ 452,171 EAAA 135,937 135,784 400,350 374,144 Total net sales $ 312,707 $ 278,642 $ 860,752 $ 826,315 Segment AOI AMS $ 21,595 $ 20,279 $ 54,606 $ 67,771 EAAA 8,586 7,821 26,557 17,151 Depreciation and Amortization AMS $ 4,365 $ 4,301 $ 13,592 $ 12,174 EAAA 7,052 7,431 21,495 21,306 Total depreciation and amortization $ 11,417 $ 11,732 $ 35,087 $ 33,480
Reconciliation of Assets from Segment to Consolidated	A reconciliation of the Company’s total operating segment assets to the corresponding consolidated amounts follows: October 3, 2021 January 3, 2021 (in thousands) Assets AMS $ 808,015 $ 800,068 EAAA 697,799 682,295 Total segment assets 1,505,814 1,482,363 Corporate assets 123,196 111,073 Eliminations (339,768) (287,425) Total reported assets $ 1,289,242 $ 1,306,011
Reconciliation of Operating Income (Loss) to Income (Loss) Before Income Tax Expense and Segment AOI	Reconciliations of operating income (loss) to income (loss) before income tax expense and segment AOI are presented as follows: Three Months Ended Nine Months Ended October 3, 2021 October 4, 2020 October 3, 2021 October 4, 2020 (in thousands) AMS operating income $ 21,684 $ 14,857 $ 54,432 $ 52,144 EAAA operating income (loss) 3,093 1,025 16,435 (112,381) Consolidated operating income (loss) 24,777 15,882 70,867 (60,237) Interest expense 7,727 5,426 22,272 16,021 Other expense 887 2,921 2,219 9,551 Income (loss) before income tax expense $ 16,163 $ 7,535 $ 46,376 $ (85,809) Three Months Ended October 3, 2021 Three Months Ended October 4, 2020 AMS EAAA AMS EAAA (in thousands) Operating income $ 21,684 $ 3,093 $ 14,857 $ 1,025 Purchase accounting amortization — 1,407 — 1,399 Restructuring, asset impairment, severance and other charges (89) 4,086 2,733 3,086 SEC fine — — 2,689 2,311 AOI $ 21,595 $ 8,586 $ 20,279 $ 7,821 Nine Months Ended October 3, 2021 Nine Months Ended October 4, 2020 AMS EAAA AMS EAAA (in thousands) Operating income (loss) $ 54,432 $ 16,435 $ 52,144 $ (112,381) Purchase accounting amortization — 4,269 — 4,030 Goodwill and intangible asset impairment — — 2,695 118,563 Impact of change in equity award forfeiture accounting — — 757 650 Restructuring, asset impairment, severance and other charges 174 5,853 9,486 3,978 SEC fine — — 2,689 2,311 AOI $ 54,606 $ 26,557 $ 67,771 $ 17,151

Items Reclassified From Accum_2

Items Reclassified From Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Oct. 03, 2021
Equity [Abstract]
Schedule of Items Reclassified out of Accumulated Other Comprehensive Loss	Amounts reclassified out of accumulated other comprehensive loss (“AOCI”), before tax, to the consolidated condensed statements of operations during the three and nine months ended October 3, 2021 and October 4, 2020 are reflected in the table below: Three Months Ended Statement of Operations Location October 3, 2021 October 4, 2020 (in thousands) Interest rate swap contracts loss Interest expense $ (1,845) $ (1,328) Amortization of benefit plan prior service cost and net actuarial losses Other expense (705) (560) Total loss reclassified from AOCI, net $ (2,550) $ (1,888) Nine Months Ended Statement of Operations Location October 3, 2021 October 4, 2020 (in thousands) Interest rate swap contracts loss Interest expense $ (3,952) $ (2,944) Amortization of benefit plan prior service cost and net actuarial losses Other expense (2,132) (1,647) Total loss reclassified from AOCI, net $ (6,084) $ (4,591)

Restructuring and Other Charg_2

Restructuring and Other Charges (Tables)	9 Months Ended
	Oct. 03, 2021
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Reserve by Plan and Type of Cost	A summary of restructuring activities for the 2021 and 2019 restructuring plans are presented below: Workforce Reduction Asset Impairment 2021 Plan 2019 Plan 2021 Plan Total (in thousands) Balance, at January 3, 2021 $ — $ 1,064 $ — $ 1,064 Charged to expenses 2,229 (258) 1,650 3,621 Deductions — (645) — (645) Charged to other accounts — — (1,650) (1,650) Balance, at October 3, 2021 $ 2,229 $ 161 $ — $ 2,390

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details)	9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020
Carpet, Modular Resilient Flooring, and Related Products
Percent of revenue due to contracts with customers (percentage)	98.00%	98.00%
Installation of Carpet and Other Flooring Related Material
Percent of revenue due to contracts with customers (percentage)	2.00%	2.00%

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue (Details)	9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020
Americas
Percentage of net sales	53.50%	54.70%
Europe
Percentage of net sales	32.60%	31.40%
Asia-Pacific
Percentage of net sales	13.90%	13.90%

Inventories - Summary of Invent

Inventories - Summary of Inventories (Details) - USD ($) $ in Thousands	Oct. 03, 2021	Jan. 03, 2021
Inventory Disclosure [Abstract]
Finished goods	$ 176,180	$ 152,836
Work in process	16,487	17,109
Raw materials	63,985	58,780
Inventories, net	$ 256,652	$ 228,725

Earnings Per Share - Basic and

Earnings Per Share - Basic and Diluted (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Oct. 03, 2021	Oct. 04, 2020
Earnings Per Share [Abstract]
Net income (loss)	$ 10,959	$ 5,913	$ 33,408	$ (91,545)
Distributed and undistributed earnings available to participating securities, basic	(127)	(46)	(358)	(38)
Distributed and undistributed earnings available to participating securities, diluted	(127)	(46)	(358)	(38)
Distributed and undistributed earnings (loss) available to common shareholders, basic	10,832	5,867	33,050	(91,583)
Distributed and undistributed earnings (loss) available to common shareholders, diluted	$ 10,832	$ 5,867	$ 33,050	$ (91,583)
Weighted average shares outstanding (in shares)	58,371	58,140	58,312	58,055
Participating securities (in shares)	686	452	630	452
Shares for basic earnings per share (in shares)	59,057	58,592	58,942	58,507
Dilutive effect of stock options (in shares)	0	0	0	0
Shares for diluted earnings per share (in shares)	59,057	58,592	58,942	58,507
Earnings (Loss) Per Share - Basic (in dollars per share)	$ 0.19	$ 0.10	$ 0.57	$ (1.56)
Earnings (Loss) Per Share - Diluted (in dollars per share)	$ 0.19	$ 0.10	$ 0.57	$ (1.56)

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Details) - USD ($) $ in Thousands	Oct. 03, 2021	Jan. 03, 2021
Debt Instrument [Line Items]
Long-term debt, gross	$ 532,639	$ 585,215
Unamortized debt issuance costs, recorded as a reduction of long-term debt, net	(7,660)	(8,645)
Total debt, net	524,979	576,570
Current portion of long-term debt	(15,067)	(15,319)
Total long-term debt, net	509,912	561,251
Syndicated Facility Agreement
Debt Instrument [Line Items]
Long-term debt, gross	$ 232,639	$ 285,215
Weighted average interest rate on borrowings outstanding	1.82%	1.89%
Syndicated Facility Agreement | Revolving loan facility
Debt Instrument [Line Items]
Long-term debt, gross	$ 0	$ 3,000
Long-term debt, bearing variable interest, percentage rate	0.00%	4.00%
Syndicated Facility Agreement | Term Loan
Debt Instrument [Line Items]
Long-term debt, gross	$ 232,639	$ 282,215
Long-term debt, bearing variable interest, percentage rate	1.82%	1.87%
Senior Notes
Debt Instrument [Line Items]
Long-term debt, gross	$ 300,000	$ 300,000
Long-term debt, bearing fixed interest, percentage rate	5.50%	5.50%

Long-Term Debt - Narrative (Det

Long-Term Debt - Narrative (Details) - USD ($)	9 Months Ended	12 Months Ended
	Oct. 03, 2021	Jan. 03, 2021
Debt Instrument [Line Items]
Long-term debt, gross	$ 532,639,000	$ 585,215,000
Unamortized debt issuance costs, recorded as a reduction of long-term debt, net	7,660,000	8,645,000
Other Line Of Credit
Debt Instrument [Line Items]
Revolving loan facility, maximum borrowing capacity	6,000,000	6,000,000
Revolving loan facility, borrowings outstanding	$ 0	$ 0
Other Line Of Credit | Minimum
Debt Instrument [Line Items]
Revolving loan facility, interest rate (percentage)	3.50%	3.50%
Other Line Of Credit | Maximum
Debt Instrument [Line Items]
Revolving loan facility, interest rate (percentage)	6.00%	6.00%
Syndicated Facility Agreement
Debt Instrument [Line Items]
Letters of credit outstanding	$ 1,600,000	$ 1,600,000
Long-term debt, gross	232,639,000	285,215,000
Unamortized debt issuance costs, revolving loan facility, net	1,700,000	2,000,000
Syndicated Facility Agreement | Term Loan
Debt Instrument [Line Items]
Long-term debt, gross	232,639,000	282,215,000
Term Loan and Senior Notes
Debt Instrument [Line Items]
Unamortized debt issuance costs, recorded as a reduction of long-term debt, net	$ 7,700,000	8,600,000
Senior Notes
Debt Instrument [Line Items]
Interest rate, stated percentage	5.50%
Long-term debt, gross	$ 300,000,000	$ 300,000,000
Long-term debt, fair value	$ 316,500,000

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Oct. 03, 2021	Jan. 03, 2021	Dec. 02, 2020
Interest rate swap
Derivative [Line Items]
Derivative, notional amount			$ 250
Gain (Loss) of discontinued cash flow hedge in AOCI	$ (4.7)	$ (8.7)
Cash flow hedge gain (loss) to be reclassified within twelve months	(3.3)
Foreign currency option
Derivative [Line Items]
Derivative, notional amount	$ 0

Derivative Instruments - Cash F

Derivative Instruments - Cash Flow Hedges Included in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Oct. 04, 2020	Oct. 04, 2020
Derivative instruments designated as hedging instruments | Cash flow hedge | Interest rate swap
Derivative [Line Items]
Interest rate swap contracts gain (loss)	$ 864	$ (5,627)

Derivative Instruments - Deriva

Derivative Instruments - Derivatives Not Designated as Hedging Instruments (Details) - Derivative instruments not designated as hedging instruments - Foreign currency option - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Oct. 03, 2021	Oct. 04, 2020	Jan. 03, 2021
Other expense
Derivative [Line Items]
Foreign currency options gain	$ 101	$ 11	$ 420	$ 90
Other current assets
Derivative [Line Items]
Asset derivatives	$ 0		$ 0		$ 37

Shareholders' Equity - Activity

Shareholders' Equity - Activity in Shareholders' Equity (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended						9 Months Ended
	Oct. 03, 2021	Jul. 04, 2021	Apr. 04, 2021	Oct. 04, 2020	Jul. 05, 2020	Apr. 05, 2020	Oct. 03, 2021	Oct. 04, 2020
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Balance at beginning of period			$ 326,538				$ 326,538
Net income (loss)	$ 10,959			$ 5,913			33,408	$ (91,545)
Pension liability adjustment	2,377			(1,471)			2,566	(80)
Foreign currency translation adjustment	(14,553)			$ 23,402			(30,695)	$ 24,317
Reclassification out of accumulated other comprehensive loss - discontinued cash flow hedge	(1,323)						(2,817)
Balance at end of period	$ 336,777						$ 336,777
Cash dividends declared, per common share	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.01	$ 0.065
COMMON STOCK
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Balance at beginning of period (in shares)	59,066	59,014	58,664	58,544	58,488	58,416	58,664	58,416
Balance at beginning of period	$ 5,907	$ 5,901	$ 5,865	$ 5,854	$ 5,849	$ 5,842	$ 5,865	$ 5,842
Issuances of stock (other than restricted stock) (in shares)				7	12	220
Issuances of stock (other than restricted stock)				$ 1	$ 1	$ 22
Restricted stock issuances (in shares)		52	376	127	70	107
Restricted stock issuances		$ 6	$ 38	$ 13	$ 7	$ 10
Compensation expense related to stock awards, net of forfeitures (in shares)	(11)	0	(26)	(8)	(26)	(255)
Compensation expense related to stock awards, net of forfeitures	$ (2)	$ 0	$ (2)	$ (1)	$ (3)	$ (25)
Balance at end of period (in shares)	59,055	59,066	59,014	58,670	58,544	58,488	59,055	58,670
Balance at end of period	$ 5,905	$ 5,907	$ 5,901	$ 5,867	$ 5,854	$ 5,849	$ 5,905	$ 5,867
ADDITIONAL PAID-IN CAPITAL
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Balance at beginning of period	250,114	248,571	247,920	246,323	246,378	250,306	247,920	250,306
Issuances of stock (other than restricted stock)				(1)	(1)	197
Restricted stock issuances		789	5,277	(15)	2,294	1,720
Unamortized compensation expense related to restricted stock awards		(794)	(5,315)	2	(2,300)	(1,731)
Compensation expense related to stock awards, net of forfeitures	1,680	1,548	689	703	(48)	(4,114)
Balance at end of period	251,794	250,114	248,571	247,012	246,323	246,378	251,794	247,012
RETAINED EARNINGS
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Balance at beginning of period	229,833	214,911	208,562	184,206	180,082	286,056	208,562	286,056
Net income (loss)	10,959	15,511	6,938	5,913	4,709	(102,167)
Cash dividends declared	(593)	(589)	(589)	(586)	(585)	(3,807)
Balance at end of period	240,199	229,833	214,911	189,533	184,206	180,082	240,199	189,533
PENSION LIABILITY
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Balance at beginning of period	(69,099)	(69,199)	(69,288)	(55,309)	(54,967)	(56,700)	(69,288)	(56,700)
Pension liability adjustment	2,377	100	89	(1,471)	(342)	1,733
Balance at end of period	(66,722)	(69,099)	(69,199)	(56,780)	(55,309)	(54,967)	(66,722)	(56,780)
FOREIGN CURRENCY TRANSLATION ADJUSTMENT
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Balance at beginning of period	(76,473)	(79,928)	(60,331)	(112,224)	(128,384)	(113,139)	(60,331)	(113,139)
Foreign currency translation adjustment	(14,553)	3,455	(19,597)	23,402	16,160	(15,245)
Balance at end of period	(91,026)	(76,473)	(79,928)	(88,822)	(112,224)	(128,384)	(91,026)	(88,822)
CASH FLOW HEDGE
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Balance at beginning of period	(4,696)	(5,441)	(6,190)				(6,190)
Reclassification out of accumulated other comprehensive loss - discontinued cash flow hedge	1,323	745	749
Balance at end of period	$ (3,373)	$ (4,696)	$ (5,441)				$ (3,373)
CASH FLOW HEDGE
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Balance at beginning of period				(10,654)	(10,303)	(4,163)		(4,163)
Cash flow hedge unrealized loss				864	(351)	(6,140)
Balance at end of period				$ (9,790)	$ (10,654)	$ (10,303)		$ (9,790)

Shareholders' Equity - Narrativ

Shareholders' Equity - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards granted (in shares)	428,400	308,100
Stock compensation expense (benefit)	$ 2.8	$ 0.6
Unrecognized compensation expense related to unvested restricted stock	$ 6.1
Restricted Stock | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
Restricted Stock | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards granted (in shares)	375,800
Stock compensation expense (benefit)	$ 1.4	$ (2)
Number of shares that may be issued in settlement of the performance shares to the award recipient, upper limit (percentage)	200.00%
Unrecognized compensation expense related to unvested performance share awards	$ 9
Performance Shares | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
Performance Shares | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Restricted Stock and Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense, tax benefit	$ 0.8

Shareholders' Equity - Restrict

Shareholders' Equity - Restricted Stock Outstanding (Details) - Restricted Stock - $ / shares	9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020
Shares
Outstanding at beginning of period (in shares)	436,900
Granted (in shares)	428,400	308,100
Vested (in shares)	(167,200)
Forfeited or canceled (in shares)	(14,300)
Outstanding at end of period (in shares)	683,800
Weighted Average Grant Date Fair Value
Outstanding at beginning of period, weighted average grant date fair value (in dollars per share)	$ 24.73
Granted, weighted average grant date fair value (in dollars per share)	14.26
Vested, weighted average grant date fair value (in dollars per share)	13.68
Forfeited or canceled, weighted average grant date fair value (in dollars per share)	15.48
Outstanding at end of period, weighted average grant date fair value (in dollars per share)	$ 21.06

Shareholders' Equity - Performa

Shareholders' Equity - Performance Shares Outstanding (Details) - Performance Shares	9 Months Ended
	Oct. 03, 2021$ / sharesshares
Shares
Outstanding at beginning of period (in shares) | shares	405,300
Granted (in shares) | shares	375,800
Vested (in shares) | shares	0
Forfeited or canceled (in shares) | shares	(63,000)
Outstanding at end of period (in shares) | shares	718,100
Weighted Average Grant Date Fair Value
Outstanding at beginning of period, weighted average grant date fair value (in dollars per share) | $ / shares	$ 16.94
Granted, weighted average grant date fair value (in dollars per share) | $ / shares	13.94
Vested, weighted average grant date fair value (in dollars per share) | $ / shares	0
Forfeited or canceled, weighted average grant date fair value (in dollars per share) | $ / shares	21.43
Outstanding at end of period, weighted average grant date fair value (in dollars per share) | $ / shares	$ 14.98

Leases - Narrative (Details)

Leases - Narrative (Details)	9 Months Ended
	Oct. 03, 2021
Lessee, Lease, Description [Line Items]
Lease renewal term	5 years
Minimum
Lessee, Lease, Description [Line Items]
Lease contract term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Lease contract term	20 years

Leases - Balance Sheet Informat

Leases - Balance Sheet Information (Details) - USD ($) $ in Thousands	Oct. 03, 2021	Jan. 03, 2021
Leases [Abstract]
Operating lease right-of-use assets	$ 93,999	$ 98,013
Current portion of operating lease liabilities	15,040	13,555
Operating lease liabilities	80,741	86,468
Total operating lease liabilities	95,781	100,023
Property, plant and equipment, net	6,961	6,138
Accrued expenses	1,814	1,496
Other long-term liabilities	3,490	2,688
Total finance lease liabilities	$ 5,304	$ 4,184

Leases - Lease Costs (Details)

Leases - Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Oct. 03, 2021	Oct. 04, 2020
Leases [Abstract]
Finance lease cost: Amortization of right-of-use assets	$ 646	$ 176	$ 1,230	$ 811
Finance lease cost: Interest on lease liabilities	37	22	104	56
Operating lease cost	5,240	6,095	17,040	19,076
Short-term lease cost	222	85	864	426
Variable lease cost	730	1,089	2,018	2,659
Total lease cost	$ 6,875	$ 7,467	$ 21,256	$ 23,028

Leases - Other Supplemental Inf

Leases - Other Supplemental Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Oct. 03, 2021	Oct. 04, 2020
Statement of Financial Position [Abstract]
Operating cash flows from finance leases	$ 16	$ 22	$ 83	$ 56
Operating cash flows from operating leases	6,677	5,528	17,353	16,978
Financing cash flows from finance leases	680	442	1,796	1,252
Right-of-use assets obtained in exchange for new finance lease liabilities	67	1,156	2,811	1,709
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 6,417	$ 1,517	$ 12,062	$ 5,582

Leases - Lease Term and Discoun

Leases - Lease Term and Discount Rate (Details)	Oct. 03, 2021	Jan. 03, 2021
Statement of Financial Position [Abstract]
Weighted-average remaining lease term – finance leases (in years)	3 years 3 months 10 days	3 years 4 months 6 days
Weighted-average remaining lease term – operating leases (in years)	10 years 10 days	10 years 7 months 9 days
Weighted-average discount rate – finance leases (percentage)	2.84%	2.64%
Weighted-average discount rate – operating leases (percentage)	5.87%	5.98%

Leases - Maturity of Lease Paym

Leases - Maturity of Lease Payments (Details) - USD ($) $ in Thousands	Oct. 03, 2021	Jan. 03, 2021
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2021 (excluding the nine months ended October 3, 2021)	$ 4,842
2022	17,833
2023	13,698
2024	12,225
2025	10,578
Thereafter	71,205
Total future minimum lease payments (undiscounted)	130,381
Less: Present value discount	(34,600)
Total lease liability	95,781	$ 100,023
Finance Lease, Liability, Payment, Due [Abstract]
2021 (excluding the nine months ended October 3, 2021)	696
2022	1,821
2023	1,441
2024	1,055
2025	412
Thereafter	135
Total future minimum lease payments (undiscounted)	5,560
Less: Present value discount	(256)
Total lease liability	$ 5,304	$ 4,184

Employee Benefit Plans - Narrat

Employee Benefit Plans - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Oct. 03, 2021	Oct. 04, 2020
Retirement Plans (Europe)
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Multiemployer Plan, Employer Contribution	$ 0.6	$ 0.6	$ 2	$ 1.9

Employee Benefit Plans - Schedu

Employee Benefit Plans - Schedule of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Oct. 03, 2021	Oct. 04, 2020
Retirement Plans (Europe)
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Interest cost	$ 570	$ 907	$ 1,721	$ 2,668
Expected return on assets	(847)	(1,082)	(2,556)	(3,184)
Amortization of prior service cost	28	27	86	79
Amortization of net actuarial losses	402	335	1,215	981
Net periodic benefit cost	153	187	466	544
Salary Continuation Plan | United States
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Interest cost	176	234	529	703
Amortization of net actuarial losses	186	140	558	419
Net periodic benefit cost	362	374	1,087	1,122
nora Defined Benefit Plan
Defined Benefit Plans and Other Postretirement Benefit Plans [Line Items]
Service cost	271	274	825	791
Interest cost	101	117	308	338
Amortization of net actuarial losses	89	58	273	168
Net periodic benefit cost	$ 461	$ 449	$ 1,406	$ 1,297

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Apr. 05, 2020	Oct. 03, 2021	Oct. 04, 2020
Goodwill and Intangible Assets [Line Items]
Goodwill and Intangible Asset Impairment Charge	$ 0	$ 0	$ 121,300	$ 0	$ 121,258
Goodwill, Impairment Loss			116,500
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)			4,800
Intangible Assets, Net (Excluding Goodwill)	$ 79,000			$ 79,000
Europe
Goodwill and Intangible Assets [Line Items]
Goodwill, Impairment Loss			99,200
Asia-Pacific
Goodwill and Intangible Assets [Line Items]
Goodwill, Impairment Loss			$ 17,300

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Changes in Carrying Amounts of Goodwill (Details) - USD ($) $ in Thousands	9 Months Ended
	Oct. 03, 2021	Jan. 03, 2021
Goodwill and Intangible Assets [Line Items]
Goodwill	$ 151,858	$ 165,777
Goodwill, Foreign Currency Translation	(13,919)
Operating Segments | AMS
Goodwill and Intangible Assets [Line Items]
Goodwill	112,072	122,344
Goodwill, Foreign Currency Translation	(10,272)
Operating Segments | EAAA
Goodwill and Intangible Assets [Line Items]
Goodwill	39,786	$ 43,433
Goodwill, Foreign Currency Translation	$ (3,647)

Segment Information - Narrative

Segment Information - Narrative (Details) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 03, 2021USD ($)	Oct. 04, 2020USD ($)	Oct. 03, 2021USD ($)	Oct. 04, 2020USD ($)
Segment Reporting [Abstract]
Number of operating segments			2
Number of reportable segments			2
Intersegment Revenues	$ 20.1	$ 15.6	$ 56.4	$ 56.2

Segment Information - Operating

Segment Information - Operating Segments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Oct. 03, 2021	Oct. 04, 2020
Segment Reporting Information [Line Items]
Net sales	$ 312,707	$ 278,642	$ 860,752	$ 826,315
Depreciation and amortization	11,417	11,732	35,087	33,480
Operating Segments | AMS
Segment Reporting Information [Line Items]
Net sales	176,770	142,858	460,402	452,171
AOI	21,595	20,279	54,606	67,771
Depreciation and amortization	4,365	4,301	13,592	12,174
Operating Segments | EAAA
Segment Reporting Information [Line Items]
Net sales	135,937	135,784	400,350	374,144
AOI	8,586	7,821	26,557	17,151
Depreciation and amortization	$ 7,052	$ 7,431	$ 21,495	$ 21,306

Segment Information - Reconcili

Segment Information - Reconciliation of Segment Assets (Details) - USD ($) $ in Thousands	Oct. 03, 2021	Jan. 03, 2021
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ 1,289,242	$ 1,306,011
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	1,505,814	1,482,363
Operating Segments | AMS
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	808,015	800,068
Operating Segments | EAAA
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	697,799	682,295
Corporate, Non-Segment
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	123,196	111,073
Eliminations
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ (339,768)	$ (287,425)

Segment Information - Reconci_2

Segment Information - Reconciliation of Segment AOI (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Apr. 05, 2020	Oct. 03, 2021	Oct. 04, 2020
Segment Reporting, Reconciling Item for Operating Income (Loss) from Segment to Consolidated [Line Items]
Operating Income (Loss)	$ 24,777	$ 15,882		$ 70,867	$ (60,237)
Amortization of acquired intangible assets				4,269	4,030
Goodwill and Intangible Asset Impairment Charge	0	0	$ 121,300	0	121,258
Interest Expense	7,727	5,426		22,272	16,021
Other Expense	887	2,921		2,219	9,551
Income (Loss) from Continuing Operations before Income Tax Expense	16,163	7,535		46,376	(85,809)
Operating Segments | AMS
Segment Reporting, Reconciling Item for Operating Income (Loss) from Segment to Consolidated [Line Items]
Operating Income (Loss)	21,684	14,857		54,432	52,144
Amortization of acquired intangible assets	0	0		0	0
Goodwill and Intangible Asset Impairment Charge				0	2,695
Impact of change in equity award forfeiture accounting				0	757
Restructuring, asset impairment, severance and other charges	(89)	2,733		174	9,486
SEC fine	0	2,689		0	2,689
AOI	21,595	20,279		54,606	67,771
Operating Segments | EAAA
Segment Reporting, Reconciling Item for Operating Income (Loss) from Segment to Consolidated [Line Items]
Operating Income (Loss)	3,093	1,025		16,435	(112,381)
Amortization of acquired intangible assets	1,407	1,399		4,269	4,030
Goodwill and Intangible Asset Impairment Charge				0	118,563
Impact of change in equity award forfeiture accounting				0	650
Restructuring, asset impairment, severance and other charges	4,086	3,086		5,853	3,978
SEC fine	0	2,311		0	2,311
AOI	$ 8,586	$ 7,821		$ 26,557	$ 17,151

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020
Supplemental Cash Flow Information [Abstract]
Cash payments for interest	$ 13.2	$ 16
Income tax payments, net of refunds	$ 15.3	$ 8.2

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Jan. 02, 2022	Oct. 03, 2021	Oct. 04, 2020	Oct. 03, 2021	Oct. 04, 2020
Income Tax Disclosure [Abstract]
Income Tax Expense		$ 5,204	$ 1,622	$ 12,968	$ 5,736
Income (Loss) from Continuing Operations before Income Tax Expense		16,163	$ 7,535	$ 46,376	$ (85,809)
Effective income tax rate, percent				28.00%	(6.70%)
Effective income tax rate, excluding non-deductible goodwill impairment, percent					18.70%
Unrecognized Tax Benefits, Period Increase (Decrease)				$ (600)
Unrecognized tax benefits		10,200		10,200
Decrease in deferred tax assets				3,000
Decrease in unrecognized tax benefits reasonably possible within next 12 months		$ 1,700		$ 1,700
Subsequent Event
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations	$ 1,200
Subsequent Event [Line Items]
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations	$ 1,200

Items Reclassified From Accum_3

Items Reclassified From Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Oct. 03, 2021	Oct. 04, 2020
Reclassification Adjustment out of Accumulated Other Comprehensive Loss
Total loss reclassified from AOCI, net	$ (2,550)	$ (1,888)	$ (6,084)	$ (4,591)
Interest expense
Reclassification Adjustment out of Accumulated Other Comprehensive Loss
Interest rate swap contracts loss	(1,845)		(3,952)
Interest rate swap contracts loss		(1,328)		(2,944)
Other expense
Reclassification Adjustment out of Accumulated Other Comprehensive Loss
Amortization of benefit plan prior service cost and net actuarial losses	$ (705)	$ (560)	$ (2,132)	$ (1,647)

Restructuring and Other Charg_3

Restructuring and Other Charges - Summary of Restructuring Activities (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Oct. 03, 2021	Oct. 04, 2020	Dec. 29, 2019	Oct. 03, 2021	Oct. 04, 2020	Jan. 03, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve Balance	$ 2,390			$ 2,390		$ 1,064
Restructuring and Asset Impairment Charges	3,813	$ (1,881)		3,621	$ (3,156)
Deductions				(645)
Charged to other accounts				(1,650)
2019 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges			$ 9,000
2019 Restructuring Plan | Workforce Reduction
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve Balance	161			161		1,064
Restructuring and Asset Impairment Charges			$ 8,800	(258)
Deductions				(645)
2021 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges	3,900
2021 Restructuring Plan | Workforce Reduction
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve Balance	2,229			2,229		$ 0
Restructuring and Asset Impairment Charges	$ 2,200			2,229
Deductions				0
2021 Restructuring Plan | Asset Impairment
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges				1,650
Charged to other accounts				$ (1,650)

Restructuring and Other Charg_4

Restructuring and Other Charges - Narrative (Details) $ in Thousands	Sep. 08, 2021	Dec. 23, 2019USD ($)office	Oct. 03, 2021USD ($)	Oct. 04, 2020USD ($)	Dec. 29, 2019USD ($)	Oct. 03, 2021USD ($)	Oct. 04, 2020USD ($)	Jan. 01, 2023USD ($)	Jan. 03, 2021USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges			$ 3,813	$ (1,881)		$ 3,621	$ (3,156)
Restructuring Reserve Balance			2,390			2,390			$ 1,064
2019 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges					$ 9,000
Number of employees		105
Number of office leases | office		2
Future cash expenditures for restructuring		$ 9,000
Expected savings from restructuring			6,000			6,000
2019 Restructuring Plan | Workforce Reduction
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges					8,800	(258)
Restructuring Reserve Balance			161			161			1,064
2019 Restructuring Plan | Other Exit Costs
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges					$ 200
2021 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges			3,900
Number of employees	188
Expected savings from restructuring			1,700			1,700
2021 Restructuring Plan | Minimum
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges			4,000
Future cash expenditures for restructuring			3,000			3,000
2021 Restructuring Plan | Maximum
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges			5,000
Future cash expenditures for restructuring			4,000			4,000
2021 Restructuring Plan | Workforce Reduction
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges			2,200			2,229
Restructuring Reserve Balance			$ 2,229			2,229			$ 0
2021 Restructuring Plan | Deferred Bonus | Subsequent Event
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges								$ 500
2021 Restructuring Plan | Asset Impairment
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges						$ 1,650
2021 Restructuring Plan | Asset Impairment | Subsequent Event
Restructuring Cost and Reserve [Line Items]
Restructuring and Asset Impairment Charges								$ 2,000