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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Apr. 02, 2022
Current assets:    
Cash and cash equivalents $ 82,036 $ 182,862
Accounts receivable, net of allowance for doubtful accounts of $3,537 as of December 31, 2022 and $2,737 as of April 2, 2022 214,536 247,487
Inventory 577,627 516,140
Prepaid expenses and other current assets 27,572 15,748
Total current assets 901,771 962,237
Property, plant and equipment, net 375,763 386,732
Operating lease assets, net 42,015 44,535
Goodwill 1,869,238 1,902,104
Intangible assets, net 1,468,673 1,511,515
Other noncurrent assets 35,421 38,294
Total assets 4,692,881 4,845,417
Current liabilities:    
Accounts payable 136,722 158,606
Accrued expenses and other current liabilities 136,162 145,252
Current operating lease liabilities 8,244 8,059
Current portion of long-term debt 1,544 1,543
Total current liabilities 282,672 313,460
Long-term debt, less current portion 1,462,534 1,686,798
Long-term operating lease liabilities 34,535 36,680
Deferred income taxes 303,999 315,463
Other noncurrent liabilities 128,215 120,408
Total liabilities 2,211,955 2,472,809
Stockholders’ equity:    
Preferred stock, $.01 par value; authorized shares: 10,000,000 as of December 31, 2022 and April 2, 2022; issued shares: 4,600,000 as of December 31, 2022 and April 2, 2022 46 46
Common stock, $.01 par value; authorized shares: 60,000,000 as of December 31, 2022 and April 2, 2022; issued shares: 29,980,270 and 29,807,208 as of December 31, 2022 and April 2, 2022, respectively 300 298
Additional paid-in capital 1,585,701 1,564,261
Accumulated other comprehensive loss (12,683) (5,800)
Retained earnings 986,473 886,155
Treasury stock, at cost, 961,374 shares and 928,322 shares as of December 31, 2022 and April 2, 2022, respectively (78,911) (72,352)
Total stockholders’ equity 2,480,926 2,372,608
Total liabilities and stockholders’ equity $ 4,692,881 $ 4,845,417