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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Current assets    
Cash $ 173,911 $ 438,960
Accounts receivable, net 108,350 95,774
Inventory 363,919 337,208
Prepaid expenses and other current assets 57,005 42,463
Total current assets 703,185 914,405
Property and equipment, net 129,941 130,714
Operating lease right-of-use assets 77,171 77,556
Goodwill 72,894 54,293
Intangible assets, net 133,927 117,629
Other assets 2,686 2,595
Total assets 1,119,804 1,297,192
Current liabilities    
Accounts payable 139,133 190,392
Accrued expenses and other current liabilities 97,359 130,026
Taxes payable 29,151 33,489
Accrued payroll and related costs 11,057 23,141
Current operating lease liabilities 15,703 14,726
Current maturities of long-term debt 6,367 6,579
Total current liabilities 298,770 398,353
Long-term debt, net of current portion 77,379 78,645
Operating lease liabilities, non-current 75,398 76,163
Other liabilities 21,358 20,421
Total liabilities 472,905 573,582
Commitments and contingencies (Note 10)
Stockholders’ Equity    
Common stock, par value $0.01; 600,000,000 shares authorized; 88,906,143 and 85,231,091 shares issued and outstanding at March 30, 2024, respectively, and 88,592,761 and 86,916,210 shares issued and outstanding at December 30, 2023, respectively 889 886
Treasury stock, at cost; 3,675,052 shares at March 30, 2024 and 1,676,551 at December 30, 2023 (180,702) (100,025)
Preferred stock, par value $0.01; 30,000,000 shares authorized; no shares issued or outstanding 0 0
Additional paid-in capital 373,697 386,377
Retained earnings 454,291 438,436
Accumulated other comprehensive loss (1,276) (2,064)
Total stockholders’ equity 646,899 723,610
Total liabilities and stockholders’ equity $ 1,119,804 $ 1,297,192