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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 01, 2022
Jan. 02, 2021
Current assets    
Cash $ 312,189 $ 253,283
Accounts receivable, net 109,530 65,417
Inventory 318,864 140,111
Prepaid expenses and other current assets 29,584 17,686
Total current assets 770,167 476,497
Property and equipment, net 119,044 78,075
Operating lease right-of-use assets 54,971 34,090
Goodwill 54,293 54,293
Intangible assets, net 95,314 92,078
Other assets 2,575 2,034
Total assets 1,096,364 737,067
Current liabilities    
Accounts payable 191,319 123,621
Accrued expenses and other current liabilities 132,309 89,068
Taxes payable 14,514 18,316
Accrued payroll and related costs 30,844 25,810
Operating lease liabilities 10,167 8,247
Current maturities of long-term debt 24,560 22,697
Total current liabilities 403,713 287,759
Total long-term debt, net 95,741 111,017
Operating lease liabilities, non-current 55,940 36,546
Other liabilities 23,147 13,327
Total liabilities 578,541 448,649
Commitments and contingencies (Note 13)
Stockholders’ Equity    
Common stock, par value $0.01; 600,000 shares authorized; 87,727 and 87,128 shares outstanding at January 1, 2022 and January 2, 2021, respectively 877 871
Preferred stock, par value $10; 30,000 shares authorized; no shares issued or outstanding 0 0
Additional paid-in capital 337,735 321,678
Retained earnings (accumulated deficit) 178,858 (33,744)
Accumulated other comprehensive income (loss) 353 (387)
Total stockholders’ equity 517,823 288,418
Total liabilities and stockholders’ equity $ 1,096,364 $ 737,067