v3.24.0.1
Segment Reporting (Tables)
12 Months Ended
Dec. 30, 2023
Segment Reporting [Abstract]  
Schedule of Financial Data by Segment
The following is a summary of certain financial data for each of our segments. Reportable segment information is presented on the same basis as our consolidated financial statements, except for net revenue and associated costs applicable to revenue, which are presented on a cash basis, including point of sales for managed care payors and excluding the effects of unearned and deferred revenue, consistent with what the CODM regularly reviews. Asset information is not included in the following summary since the CODM does not regularly review such information for the reportable segments.
Fiscal Year 2023
In thousandsOwned & HostLegacyCorporate/OtherReconciliationsTotal
Net product sales$1,396,355 $101,776 $252,355 $(6,350)$1,744,136 
Net sales of services and plans333,693 49,118 72 (551)382,332 
Total net revenue1,730,048 150,894 252,427 (6,901)2,126,468 
Cost of products401,385 46,036 218,814 (1,646)664,589 
Cost of services and plans310,643 24,866 812 — 336,321 
Total costs applicable to revenue712,028 70,902 219,626 (1,646)1,000,910 
SG&A670,337 56,790 264,756 — 991,883 
Asset impairment — — 82,413 — 82,413 
Other expense (income), net
— — (164)— (164)
Loss on extinguishment of debt
— — 599 — 599 
EBITDA$347,683 $23,202 $(314,803)$(5,255)
Depreciation and amortization98,252 
Interest expense, net14,339 
Earnings (loss) before income taxes
$(61,764)
Fiscal Year 2022
In thousandsOwned & HostLegacyCorporate/OtherReconciliationsTotal
Net product sales$1,317,673 $99,161 $242,822 $(11,341)$1,648,315 
Net sales of services and plans299,695 52,716 — 4,678 357,089 
Total net revenue1,617,368 151,877 242,822 (6,663)2,005,404 
Cost of products380,717 46,375 211,872 (2,640)636,324 
Cost of services and plans265,598 23,665 — — 289,263 
Total costs applicable to revenue646,315 70,040 211,872 (2,640)925,587 
SG&A629,421 58,217 227,717 — 915,355 
Asset impairment— — 5,783 — 5,783 
Other expense (income), net
— — (2,552)— (2,552)
EBITDA$341,632 $23,620 $(199,998)$(4,023)
Depreciation and amortization99,956 
Interest expense, net462 
Earnings before income taxes$60,813 
Fiscal Year 2021
In thousandsOwned & HostLegacyCorporate/OtherReconciliationsTotal
Net product sales$1,375,983 $103,249 $236,299 $2,813 $1,718,344 
Net sales of services and plans307,732 62,228 — (8,779)361,181 
Total net revenue1,683,715 165,477 236,299 (5,966)2,079,525 
Cost of products377,489 49,258 205,670 699 633,116 
Cost of services and plans246,342 25,321 — — 271,663 
Total costs applicable to revenue623,831 74,579 205,670 699 904,779 
SG&A618,413 57,838 224,547 — 900,798 
Asset impairment — — 4,427 — 4,427 
Other expense (income), net
— — (2,505)— (2,505)
EBITDA$441,471 $33,060 $(195,840)$(6,665)
Depreciation and amortization97,089 
Interest expense, net25,612 
Earnings before income taxes$149,325 
Schedule of Net Product Revenue
The following table presents our consolidated net product revenue information:
In thousandsFiscal Year 2023Fiscal Year 2022Fiscal Year 2021
Net Product Sales
Eyeglasses and sunglasses$1,192,525 $1,120,731 $1,201,386 
Contact lenses543,411 520,709 509,992 
Accessories and other8,200 6,875 6,966 
Total net product revenues$1,744,136 $1,648,315 $1,718,344