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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 03, 2020
Jan. 03, 2020
Current assets:    
Cash and cash equivalents $ 76,182 $ 43,736
Accounts receivable (net of allowances of $1,205 and $810 at April 3, 2020 and January 3, 2020, respectively) 85,652 91,632
Inventory 156,553 128,505
Prepaids and other current assets 75,799 17,940
Total current assets 394,186 281,813
Property, plant and equipment, net 127,633 108,379
Lease right-of-use assets 20,632 17,472
Deferred tax assets 15,161 25,725
Goodwill 285,723 93,527
Intangibles, net 219,906 81,949
Other assets 5,458 451
Total assets 1,068,699 609,316
Current liabilities:    
Accounts payable 88,613 55,144
Accrued expenses 40,285 35,744
Reserve for uncertain tax positions 957 925
Current portion of long-term debt 8,818 0
Total current liabilities 138,673 91,813
Line of credit 85,000 68,000
Long-term debt, less current portion 385,404 0
Other liabilities 13,709 11,584
Total liabilities 622,786 171,397
Commitments and contingencies (Refer to Note 9 - Commitments and Contingencies)
Redeemable non-controlling interest 16,207 15,719
Stockholders’ equity    
Preferred stock, $0.001 par value — 10,000 authorized and no shares issued or outstanding as of April 3, 2020 and January 3, 2020 0 0
Common stock, $0.001 par value — 90,000 authorized; 39,493 shares issued and 38,603 outstanding as of April 3, 2020; 39,448 shares issued and 38,559 outstanding as of January 3, 2020 39 39
Additional paid-in capital 123,470 123,274
Treasury stock, at cost; 890 common shares as of April 3, 2020 and January 3, 2020 (13,754) (13,754)
Accumulated other comprehensive (loss) income (790) 150
Retained earnings 320,741 312,491
Total stockholders’ equity 429,706 422,200
Total liabilities, redeemable non-controlling interest and stockholders’ equity $ 1,068,699 $ 609,316