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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 30, 2016
Current assets:    
Cash and cash equivalents $ 59,482 $ 52,465
Accounts receivable, net of allowance of $84 and $65, respectively 101,874 74,663
Inventories 139,705 103,861
Prepaid expenses and other 6,829 6,461
Total current assets 307,890 237,450
Equipment and leasehold improvements, net 23,467 18,858
Goodwill 85,248 85,248
Purchased intangibles, net 34,562 37,024
Deferred tax assets, net 1,111 1,355
Other non-current assets 1,565 762
Total assets 453,843 380,697
Current liabilities:    
Bank borrowings 16,117 16,819
Accounts payable 104,089 71,189
Accrued compensation and related benefits 10,981 7,904
Deferred rent, current portion 651 634
Other current liabilities 10,441 4,515
Total current liabilities 142,279 101,061
Bank borrowings, net of current portion 44,691 50,931
Deferred tax liability 9,753 9,917
Deferred rent and other liabilities 2,452 2,657
Total liabilities 199,175 164,566
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; 33,553,987 and 32,956,285 shares issued and outstanding, in 2017 and 2016, respectively 34 33
Additional paid-in capital 184,409 181,781
Common shares held in treasury, at cost, 601,944 shares in 2017 and 2016, respectively (3,337) (3,337)
Retained earnings 72,557 38,037
Accumulated other comprehensive gain (loss) 1,005 (383)
Total stockholders’ equity 254,668 216,131
Total liabilities and stockholders’ equity $ 453,843 $ 380,697