v3.24.2.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2024
Dec. 29, 2023
Current assets:    
Cash and cash equivalents $ 82,246 $ 83,642
Accounts receivable (net of allowances of $940 and $1,158, respectively) 157,949 171,060
Inventory 380,408 371,841
Prepaids and other current assets 171,117 141,512
Total current assets 791,720 768,055
Property, plant and equipment, net 238,021 237,192
Lease right-of-use assets 97,791 84,317
Deferred tax assets 20,640 21,297
Goodwill 637,575 636,565
Other assets 15,519 11,525
Total assets 2,265,621 2,242,298
Current liabilities:    
Accounts payable 143,975 104,150
Accrued expenses 84,566 103,400
Current portion of long-term debt 24,286 14,286
Total current liabilities 252,827 221,836
Revolver 194,000 370,000
Other liabilities 82,578 69,459
Long-term debt less current portion 539,833 359,242
Total liabilities 1,069,238 1,020,537
Commitments and contingencies (Refer to Note 8 - Commitments and Contingencies)
Stockholders’ equity    
Preferred stock, $0.001 par value — $10,000 authorized and no shares issued or outstanding as of June 28, 2024 and December 29, 2023 0 0
Common stock, $0.001 par value — $90,000 authorized; $42,572 shares issued and $41,682 outstanding as of June 28, 2024; $42,844 shares issued and $41,954 outstanding as of December 29, 2023 42 42
Additional paid-in capital 335,834 348,346
Treasury stock, at cost; $890 common shares as of June 28, 2024 and December 29, 2023 (13,754) (13,754)
Accumulated other comprehensive income 3,398 9,041
Retained earnings 870,863 878,086
Total stockholders’ equity 1,196,383 1,221,761
Total liabilities and stockholders’ equity 2,265,621 2,242,298
Trademarks and brands    
Current assets:    
Trademarks and brands, net 267,798 273,293
Customer and distributor relationships    
Current assets:    
Trademarks and brands, net 171,911 184,269
Core technologies    
Current assets:    
Trademarks and brands, net $ 24,646 $ 25,785