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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 42,772 $ 45,442
Trade accounts receivable, net 142,841 150,019
Inventories 674,682 726,468
Assets held for sale   51,314
Prepaid expenses and other current assets 41,451 37,550
Income tax receivable 12,810 8,024
Total current assets 914,556 1,018,817
Property, plant and equipment, net of accumulated depreciation of $419,243 and $390,821 as of July 1, 2023 and December 31, 2022, respectively 308,405 317,587
Operating lease right-of-use assets 64,600 65,809
Finance lease right-of-use assets 2,362 2,891
Goodwill 619,399 619,241
Other intangible assets, net 1,778,097 1,788,157
Other assets 20,816 19,088
Deferred income taxes 10,472 10,019
Total assets 3,718,707 3,841,609
Current liabilities:    
Trade accounts payable 136,308 127,809
Accrued expenses 61,461 64,137
Current portion of operating lease liabilities 15,274 14,616
Current portion of finance lease liabilities 1,057 1,046
Current portion of long-term debt   50,000
Income tax payable 3,346 309
Dividends payable 13,735 13,617
Total current liabilities 231,181 271,534
Long-term debt, net of current portion 2,245,630 2,339,049
Deferred income taxes 302,943 288,712
Long-term operating lease liabilities, net of current portion 49,683 51,727
Long-term finance lease liabilities, net of current portion 1,263 1,795
Other liabilities 21,644 20,626
Total liabilities 2,852,344 2,973,443
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred stock, $0.01 par value per share. Authorized 1,000,000 shares; no shares issued or outstanding
Common stock, $0.01 par value per share. Authorized 125,000,000 shares; 72,291,573 and 71,668,144 shares issued and outstanding as of July 1, 2023 and December 31, 2022, respectively 723 717
Accumulated other comprehensive loss 384 (9,349)
Retained earnings 865,256 876,798
Total stockholders' equity 866,363 868,166
Total liabilities and stockholders' equity $ 3,718,707 $ 3,841,609