XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 27, 2020
Dec. 28, 2019
Current assets:    
Cash $ 11,530 $ 11,643
Receivables, less allowances of $3,911 and $3,236, respectively 264,642 192,872
Inventories, net 313,979 345,806
Other current assets 26,509 27,718
Total current assets 616,660 578,039
Property and equipment, at cost 308,616 308,067
Accumulated depreciation (122,123) (112,299)
Property and equipment, net 186,493 195,768
Operating lease right-of-use assets 50,802 54,408
Goodwill 47,772 47,772
Intangible assets, net 22,591 26,384
Deferred tax assets 54,494 53,993
Other non-current assets 20,292 15,061
Total assets 999,104 971,425
Current liabilities:    
Accounts payable 158,920 132,348
Accrued compensation 11,140 7,639
Current maturities of long-term debt, net of debt issuance costs of $74 and $74, respectively 2,176 2,176
Finance lease liabilities - short-term 5,958 6,486
Operating lease liabilities - short-term 6,633 7,317
Real estate deferred gains - short-term 4,040 3,935
Other current liabilities 11,011 11,222
Total current liabilities 199,878 171,123
Non-current liabilities:    
Long-term debt, net of debt issuance costs of $10,915 and $12,481, respectively 377,880 458,439
Finance lease liabilities - long-term 266,622 191,525
Operating lease liabilities - long-term 44,169 47,091
Real estate deferred gains - long-term 79,984 81,886
Pension benefit obligation 22,109 23,420
Other non-current liabilities 26,710 24,024
Total liabilities 1,017,352 997,508
Commitments and Contingencies
STOCKHOLDERS’ DEFICIT:    
Common Stock, $0.01 par value, 20,000,000 shares authorized, 9,461,412 and 9,365,768 outstanding on June 27, 2020 and December 28, 2019, respectively 95 94
Additional paid-in capital 262,587 260,974
Accumulated other comprehensive loss (34,250) (34,563)
Accumulated stockholders’ deficit (246,680) (252,588)
Total stockholders’ deficit (18,248) (26,083)
Total liabilities and stockholders’ deficit $ 999,104 $ 971,425