XML 15 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 30, 2025
Dec. 29, 2024
Current assets:    
Cash and cash equivalents $ 56.6 $ 107.1
Accounts receivable, net of allowance for doubtful accounts of $28.1 and $26.9, respectively 561.5 547.1
Inventory, net 1,032.1 827.2
Income tax receivable 21.7 12.3
Prepaid expenses and other current assets 75.1 55.9
Total current assets 1,747.0 1,549.6
Property and equipment, net (Note 5) 297.1 292.1
Operating lease right-of-use assets, net (Note 7) 409.7 415.3
Goodwill (Note 6) 520.0 518.1
Intangible assets, net (Note 6) 249.1 261.0
Deferred tax assets 18.9 18.5
Other assets 16.6 16.2
Total assets 3,258.4 3,070.8
Current liabilities:    
Accounts payable 432.5 315.5
Current portion of finance leases (Note 7) 30.9 29.7
Current portion of operating leases (Note 7) 90.5 90.2
Accrued compensation 58.3 70.9
Long-term debt, current portion (Note 9) 3.9 4.3
Accrued liabilities 124.7 130.2
Total current liabilities 740.8 640.8
Other long-term liabilities 10.2 11.0
Finance leases, less current portion (Note 7) 103.1 100.9
Operating leases, less current portion (Note 7) 335.0 342.3
Long-term debt, less current portion (Note 9) 499.1 383.9
Total liabilities 1,688.2 1,478.9
Commitments and contingencies (Note 11)
Commitments and contingencies (Note 11) 19.2 19.4
Stockholders' equity:    
Common stock, par value $0.01; 1,000,000,000 shares authorized; 45,666,919 and 45,601,760 shares issued, and 44,949,746 and 44,913,296 shares outstanding at March 30, 2025 and December 29, 2024, respectively 0.5 0.5
Additional paid-in capital 636.8 626.5
Retained earnings 1,012.6 1,039.9
Accumulated other comprehensive income (loss) (7.1) (6.1)
Treasury stock, at cost, 717,173 and 688,464 shares at March 30, 2025 and December 29, 2024, respectively (91.8) (88.3)
Total stockholders' equity 1,551.0 1,572.5
Total liabilities, redeemable non-controlling interest, and stockholders' equity $ 3,258.4 $ 3,070.8