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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Apr. 02, 2022
Jan. 01, 2022
Current assets    
Cash $ 100,330 $ 312,189
Accounts receivable, net 82,992 109,530
Inventory 413,037 318,864
Prepaid expenses and other current assets 39,583 29,584
Total current assets 635,942 770,167
Property and equipment, net 123,882 119,044
Operating lease right-of-use assets 55,775 54,971
Goodwill 54,293 54,293
Intangible assets, net 97,090 95,314
Other assets 2,547 2,575
Total assets 969,529 1,096,364
Current liabilities    
Accounts payable 167,409 191,319
Accrued expenses and other current liabilities 121,802 132,309
Taxes payable 17,512 14,514
Accrued payroll and related costs 7,442 30,844
Current operating lease liabilities 11,328 10,167
Current maturities of long-term debt 24,574 24,560
Total current liabilities 350,067 403,713
Long-term debt, net of current portion 89,574 95,741
Operating lease liabilities, non-current 55,245 55,940
Other liabilities 28,276 23,147
Total liabilities 523,162 578,541
Commitments and contingencies (Note 8)
Stockholders’ Equity    
Common stock, par value $0.01; 600,000 shares authorized; 87,836 and 86,159 shares issued and outstanding at April 2, 2022, respectively, and 87,727 shares issued and outstanding at January 2, 2021, respectively 878 877
Treasury stock, at cost; 1,677 shares at April 2, 2022 (100,025) 0
Preferred stock, par value $0.01; 30,000 shares authorized; no shares issued or outstanding 0 0
Additional paid-in capital 341,208 337,735
Retained earnings 204,517 178,858
Accumulated other comprehensive (loss) income (211) 353
Total stockholders’ equity 446,367 517,823
Total liabilities and stockholders’ equity $ 969,529 $ 1,096,364