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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Apr. 03, 2021
Jan. 02, 2021
Current assets    
Cash $ 190,293 $ 253,283
Accounts receivable, net 67,051 65,417
Inventory 183,921 140,111
Prepaid expenses and other current assets 24,471 17,686
Total current assets 465,736 476,497
Property and equipment, net 86,741 78,075
Operating lease right-of-use assets 32,340 34,090
Goodwill 54,293 54,293
Intangible assets, net 92,245 92,078
Other assets 1,897 2,034
Total assets 733,252 737,067
Current liabilities    
Accounts payable 120,044 123,621
Accrued expenses and other current liabilities 72,632 89,068
Taxes payable 19,774 18,316
Accrued payroll and related costs 10,058 25,810
Current operating lease liabilities 7,803 8,247
Current maturities of long-term debt 22,700 22,697
Total current liabilities 253,011 287,759
Long-term debt, net of current portion 105,518 111,017
Operating lease liabilities, non-current 34,998 36,546
Other liabilities 18,450 13,327
Total liabilities 411,977 448,649
Commitments and contingencies (Note 7)
Stockholders’ Equity    
Common stock, par value $0.01; 600,000 shares authorized; 87,239 and 87,128 shares issued and outstanding at April 3, 2021 and January 2, 2021, respectively 872 871
Preferred stock, par value $0.01; 30,000 shares authorized; no shares issued or outstanding 0 0
Additional paid-in capital 323,682 321,678
Accumulated deficit (3,221) (33,744)
Accumulated other comprehensive loss (58) (387)
Total stockholders’ equity 321,275 288,418
Total liabilities and stockholders’ equity $ 733,252 $ 737,067