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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 30, 2016
Current assets:    
Cash and cash equivalents $ 54,935 $ 52,465
Accounts receivable, net of allowance of $82 and $65, respectively 94,848 74,663
Inventories 123,037 103,861
Prepaid expenses and other 6,221 6,461
Total current assets 279,041 237,450
Equipment and leasehold improvements, net 20,929 18,858
Goodwill 85,248 85,248
Purchased intangibles, net 35,793 37,024
Deferred tax assets, net 1,262 1,355
Other non-current assets 1,007 762
Total assets 423,280 380,697
Current liabilities:    
Bank borrowings 16,108 16,819
Accounts payable 95,522 71,189
Accrued compensation and related benefits 10,822 7,904
Deferred rent, current portion 641 634
Other current liabilities 8,039 4,515
Total current liabilities 131,132 101,061
Bank borrowings, net of current portion 48,056 50,931
Deferred tax liability 9,766 9,917
Deferred rent and other liabilities 2,553 2,657
Total liabilities 191,507 164,566
Commitments and contingencies (See Note 9)
Stockholders’ equity:    
Preferred stock — $0.001 par value, 10,000,000 authorized; none outstanding
Common stock — $0.001 par value, 90,000,000 authorized; 33,430,118 and 32,956,285 shares issued and outstanding, in 2017 and 2016, respectively 34 33
Additional paid-in capital 182,963 181,781
Common shares held in treasury, at cost, 601,944 shares in 2017 and 2016, respectively (3,337) (3,337)
Retained earnings 52,378 38,037
Accumulated other comprehensive loss (265) (383)
Total stockholders’ equity 231,773 216,131
Total liabilities and stockholders’ equity $ 423,280 $ 380,697