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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 29, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 1,684 $ 1,612
Accounts receivable, net of allowance for doubtful accounts of $717 and $699, respectively 19,581 24,795
Inventories 87,859 84,882
Income taxes receivable 3,259 0
Prepaid expenses 14,314 8,009
Other current assets 31,939 31,559
Total current assets 158,636 150,857
Non-current assets:    
Property and equipment, net 202,280 205,631
Operating lease right-of-use assets 316,958 0
Goodwill and intangible assets, net 74,317 75,407
Other non-current assets 43,722 38,243
Total assets 795,913 470,138
Current liabilities:    
Borrowings under revolving credit facility 281,500 199,600
Accounts payable 117,343 144,781
Customer prepayments 30,473 27,066
Accrued sales returns 17,766 19,907
Compensation and benefits 29,960 27,700
Taxes and withholding 10,608 18,380
Operating lease liabilities 56,167 0
Other current liabilities 48,720 51,234
Total current liabilities 592,537 488,668
Non-current liabilities:    
Deferred income taxes 5,543 4,822
Operating lease liabilities 290,880 0
Other non-current liabilities 64,255 86,198
Total liabilities 953,215 579,688
Shareholders’ deficit:    
Undesignated preferred stock; 5,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.01 par value; 142,500 shares authorized, 29,323 and 30,868 shares issued and outstanding, respectively 293 309
Additional paid-in capital 0 0
Accumulated deficit (157,595) (109,859)
Total shareholders’ deficit (157,302) (109,550)
Total liabilities and shareholders’ deficit $ 795,913 $ 470,138