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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 04, 2025
Jan. 03, 2025
Current assets:    
Cash and cash equivalents $ 68,601 $ 71,674
Accounts receivable (net of allowances of $1,289 and $1,848, respectively) 177,690 165,827
Inventory 408,786 404,736
Prepaids and other current assets 59,025 85,443
Total current assets 714,102 727,680
Property, plant and equipment, net 242,621 246,393
Lease right-of-use assets 102,272 104,019
Deferred tax assets, net 47,639 44,364
Goodwill 377,226 639,505
Other assets 16,293 21,484
Total assets 1,938,489 2,232,310
Current liabilities:    
Accounts payable 119,269 144,067
Accrued expenses 80,920 91,427
Current portion of long-term debt 24,286 24,286
Total current liabilities 224,475 259,780
Revolver 163,000 153,000
Other liabilities 88,567 90,611
Long-term debt less current portion 522,631 527,775
Total liabilities 998,673 1,031,166
Commitments and contingencies (Refer to Note 8 - Commitments and Contingencies)
Non-controlling interest (78) (38)
Stockholders’ equity    
Preferred stock, $0.001 par value — $10,000 authorized and no shares issued or outstanding as of April 4, 2025 and January 3, 2025 0 0
Common stock, $0.001 par value — 90,000 authorized; $42,602 shares issued and $41,712 outstanding as of April 4, 2025; $42,574 shares issued and $41,684 outstanding as of January 3, 2025 42 42
Additional paid-in capital 342,041 339,266
Treasury stock, at cost; $890 common shares as of April 4, 2025 and January 3, 2025 (13,754) (13,754)
Accumulated other comprehensive (loss) income (4,145) 224
Retained earnings 615,710 875,404
Total stockholders’ equity 939,894 1,201,182
Total liabilities and stockholders’ equity 1,938,489 2,232,310
Trademarks and brands, net    
Current assets:    
Trademarks and brands, net 260,134 264,126
Customer and distributor relationships, net    
Current assets:    
Trademarks and brands, net 155,806 161,585
Core technologies, net    
Current assets:    
Trademarks and brands, net $ 22,396 $ 23,154