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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 02, 2022
Jan. 01, 2022
Current assets    
Cash $ 91,994 $ 312,189
Accounts receivable, net 94,251 109,530
Inventory 490,013 318,864
Prepaid expenses and other current assets 40,767 29,584
Total current assets 717,025 770,167
Property and equipment, net 127,309 119,044
Operating lease right-of-use assets 56,460 54,971
Goodwill 54,293 54,293
Intangible assets, net 97,757 95,314
Other assets 2,514 2,575
Total assets 1,055,358 1,096,364
Current liabilities    
Accounts payable 204,091 191,319
Accrued expenses and other current liabilities 129,923 132,309
Taxes payable 17,038 14,514
Accrued payroll and related costs 4,275 30,844
Current operating lease liabilities 11,494 10,167
Current maturities of long-term debt 24,587 24,560
Total current liabilities 391,408 403,713
Long-term debt, net of current portion 83,575 95,741
Operating lease liabilities, non-current 56,269 55,940
Other liabilities 24,245 23,147
Total liabilities 555,497 578,541
Commitments and contingencies (Note 8)
Stockholders’ Equity    
Common stock, par value $0.01; 600,000 shares authorized; 87,851 and 86,174 shares issued and outstanding at July 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 346,675 337,735
Retained earnings 250,769 178,858
Accumulated other comprehensive income 1,564 353
Total stockholders’ equity 499,861 517,823
Total liabilities and stockholders’ equity $ 1,055,358 $ 1,096,364