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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 02, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 42,740 $ 26,150
Accounts receivable, less allowance for credit losses of $2,092 and $1,550 respectively 57,080 47,083
Inventory 217,504 233,573
Prepaids and other current assets 15,951 18,157
Total current assets 333,275 324,963
Property, plant, and equipment, net 49,691 52,181
Goodwill 419,056 418,121
Other intangibles assets, net 417,613 424,855
Right-of-use assets 28,965 29,522
Other noncurrent assets 2,068 0
Total assets 1,250,668 1,249,642
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 43,774 44,948
Accrued interest 6,261 5,994
Accrued liabilities 46,605 43,317
Current portion of long-term debt 6,571 7,000
Total current liabilities 103,211 101,259
Long-term debt, net of current portion 629,435 643,563
Warrant liability 7,725 4,272
Earn-out liability 2,565 1,176
Deferred taxes 47,727 58,390
Long-term operating lease liabilities 24,589 24,992
Total liabilities 815,252 833,652
Commitments and contingencies (Refer to Note 18 - Commitments and Contingencies)
Stockholders' equity:    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding on July 2, 2023 and December 31, 2022 0 0
Common stock, $0.0001 par value, 550,000,000 shares authorized, 117,249,854 and 117,147,997 shares issued and outstanding on July 2, 2023 and December 31, 2022, respectively 12 12
Additional paid-in capital 370,249 368,122
Accumulated other comprehensive loss (871) (944)
Retained earnings 66,026 48,800
Total stockholders' equity 435,416 415,990
Total liabilities and stockholders' equity $ 1,250,668 $ 1,249,642