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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 02, 2022
Jan. 01, 2022
Jul. 03, 2021
Current assets:      
Cash and cash equivalents $ 231,339 $ 984,294 $ 1,120,901
Accounts receivable, net 183,920 231,354 163,957
Finished goods inventories, net of inventory reserves 858,258 647,742 619,617
Prepaid expenses and other current assets 81,482 50,131 66,549
Total current assets 1,354,999 1,913,521 1,971,024
Property, plant, and equipment, net of accumulated depreciation 186,778 216,004 231,944
Operating lease assets 449,350 487,748 527,121
Tradenames, net 307,518 307,643 307,768
Goodwill 211,247 212,023 213,195
Customer relationships, net 32,248 33,969 35,777
Other assets 31,747 30,889 29,097
Total assets 2,573,887 3,201,797 3,315,926
Current liabilities:      
Accounts payable 408,006 407,044 356,826
Current operating lease liabilities 142,981 147,537 158,270
Other current liabilities 96,102 176,449 113,240
Total current liabilities 647,089 731,030 628,336
Long-term debt, net 616,275 991,370 990,437
Deferred income taxes 45,730 40,910 58,150
Long-term operating lease liabilities 400,046 441,861 484,881
Other long-term liabilities 43,881 46,440 56,618
Total liabilities 1,753,021 2,251,611 2,218,422
Commitments and contingencies - Note 14
Stockholders’ equity:      
Preferred stock; par value $0.01 per share; 100,000 shares authorized; none issued or outstanding at July 2, 2022, January 1, 2022, and July 3, 2021 0 0 0
Common stock, voting; par value $0.01 per share; 150,000,000 shares authorized; 39,315,094, 41,148,870, and 44,011,080 shares issued and outstanding at July 2, 2022, January 1, 2022, and July 3, 2021, respectively 393 411 440
Additional paid-in capital 0 0 31,521
Accumulated other comprehensive loss (32,203) (28,897) (27,263)
Retained earnings 852,676 978,672 1,092,806
Total stockholders’ equity 820,866 950,186 1,097,504
Total liabilities and stockholders’ equity $ 2,573,887 $ 3,201,797 $ 3,315,926