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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 16, 2016
Jan. 02, 2016
Current assets    
Cash and cash equivalents $ 23,816 $ 22,719
Accounts and notes receivable, net 306,418 317,183
Inventories, net 536,299 521,164
Prepaid expenses and other current assets 28,862 22,521
Total current assets 895,395 883,587
Property and equipment, net 575,063 583,698
Goodwill 322,686 322,902
Other assets, net 130,719 127,076
Total assets 1,923,863 1,917,263
Current liabilities    
Accounts payable 339,084 353,688
Accrued payroll and benefits 62,687 71,973
Other accrued expenses 42,788 42,660
Current maturities of long-term debt and capital lease obligations 19,106 19,003
Total current liabilities 463,665 487,324
Long-term liabilities    
Deferred income taxes 121,352 116,600
Postretirement benefits 16,061 16,008
Other long-term liabilities 45,519 38,759
Long-term debt and capital lease obligations 473,399 467,793
Total long-term liabilities 656,331 639,160
Commitments and contingencies (Note 8)
Shareholders’ equity    
Common stock, voting, no par value; 100,000 shares authorized; 37,468 and 37,600 shares outstanding 518,702 521,698
Preferred stock, no par value, 10,000 shares authorized; no shares outstanding
Accumulated other comprehensive loss (11,445) (11,447)
Retained earnings 296,610 280,528
Total shareholders’ equity 803,867 790,779
Total liabilities and shareholders’ equity $ 1,923,863 $ 1,917,263