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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 03, 2020
Jan. 03, 2020
Current assets:    
Cash and cash equivalents $ 217,965 $ 43,736
Accounts receivable (net of allowances of $1,212 and $810 at July 3, 2020 and January 3, 2020, respectively) 87,670 91,632
Inventory 148,464 128,505
Prepaids and other current assets 46,085 17,940
Total current assets 500,184 281,813
Property, plant and equipment, net 146,974 108,379
Lease right-of-use assets 19,221 17,472
Deferred tax assets 13,814 25,725
Goodwill 285,758 93,527
Intangibles, net 214,642 81,949
Other assets 4,611 451
Total assets 1,185,204 609,316
Current liabilities:    
Accounts payable 64,939 55,144
Accrued expenses 42,298 35,744
Reserve for uncertain tax positions 992 925
Current portion of long-term debt 10,000 0
Total current liabilities 118,229 91,813
Line of credit 15,000 68,000
Long-term debt, less current portion 381,393 0
Other liabilities 12,543 11,584
Total liabilities 527,165 171,397
Commitments and contingencies (Refer to Note 9 - Commitments and Contingencies)
Redeemable non-controlling interest 24,975 15,719
Stockholders’ equity    
Preferred stock, $0.001 par value — 10,000 authorized and no shares issued or outstanding as of July 3, 2020 and January 3, 2020 0 0
Common stock, $0.001 par value — 90,000 authorized; 42,327 shares issued and 41,438 outstanding as of July 3, 2020; 39,448 shares issued and 38,559 outstanding as of January 3, 2020 41 39
Additional paid-in capital 321,479 123,274
Treasury stock, at cost; 890 common shares as of July 3, 2020 and January 3, 2020 (13,754) (13,754)
Accumulated other comprehensive income 133 150
Retained earnings 325,165 312,491
Total stockholders’ equity 633,064 422,200
Total liabilities, redeemable non-controlling interest and stockholders’ equity $ 1,185,204 $ 609,316