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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 02, 2022
Apr. 03, 2022
Jan. 02, 2022
Current assets:      
Cash and cash equivalents $ 316,042   $ 245,287
Accounts receivable, net 11,455   21,574
Inventories 301,667   265,387
Prepaid expenses and other current assets 43,867   35,468
Total current assets 673,031   567,716
Property and equipment, net of accumulated depreciation 694,098   716,029
Operating lease assets, net 1,081,514   1,072,019
Intangible assets, net of accumulated amortization 184,960   184,960
Goodwill 368,878   368,878
Other assets 15,036   13,513
Total assets 3,017,517   2,923,115
Current liabilities:      
Accounts payable 166,968   145,901
Accrued liabilities 144,935   155,996
Accrued salaries and benefits 53,875   58,743
Current portion of operating lease liabilities 158,219   151,755
Current portion of finance lease liabilities 1,141   1,078
Total current liabilities 525,138   513,473
Long-term operating lease liabilities 1,095,154   1,095,909
Long-term debt and finance lease liabilities 258,992   259,656
Other long-term liabilities 38,486   36,306
Deferred income tax liability 58,919   57,895
Total liabilities 1,976,689   1,963,239
Commitments and contingencies (Note 6)  
Stockholders’ equity:      
Undesignated preferred stock; $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding 0   0
Common stock, $0.001 par value; 200,000,000 shares authorized, 106,491,322 shares issued and outstanding, October 2, 2022; 111,114,374 shares issued and outstanding, January 2, 2022 106   111
Additional paid-in capital 720,447   704,701
Accumulated other comprehensive income (loss) 498   (3,758)
Retained earnings 319,777   258,822
Total stockholders’ equity 1,040,828   959,876
Total liabilities and stockholders’ equity $ 3,017,517   $ 2,923,115