XML 20 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 29, 2025
Dec. 28, 2024
Current assets    
Cash $ 259,042 $ 358,795
Accounts receivable, net 120,543 120,190
Inventory 330,515 310,058
Prepaid expenses and other current assets 57,116 37,723
Total current assets 767,216 826,766
Property and equipment, net 130,576 126,270
Operating lease right-of-use assets 89,046 78,279
Goodwill 72,308 72,557
Intangible assets, net 174,154 172,023
Other assets 4,566 10,225
Total assets 1,237,866 1,286,120
Current liabilities    
Accounts payable 137,586 158,499
Accrued expenses and other current liabilities 110,050 128,210
Taxes payable 10,418 38,089
Accrued payroll and related costs 11,768 28,610
Current operating lease liabilities 20,938 19,621
Current maturities of long-term debt 6,486 6,475
Total current liabilities 297,246 379,504
Long-term debt, net of current portion 71,401 72,821
Operating lease liabilities, non-current 84,290 73,586
Other liabilities 20,667 20,102
Total liabilities 473,604 546,013
Commitments and contingencies (Note 10)
Stockholders’ Equity    
Common stock, par value $0.01; 600,000,000 shares authorized; 89,594,026 and 82,791,044 shares issued and outstanding at March 29, 2025, respectively, and 89,190,494 and 82,939,467 shares issued and outstanding at December 28, 2024, respectively 896 892
Treasury stock, at cost; 6,802,982 shares at March 29, 2025 and 6,251,027 shares at December 28, 2024 (301,634) (281,587)
Preferred stock, par value $0.01; 30,000,000 shares authorized; no shares issued or outstanding 0 0
Additional paid-in capital 434,519 405,921
Retained earnings 630,734 614,125
Accumulated other comprehensive (loss) gain (253) 756
Total stockholders’ equity 764,262 740,107
Total liabilities and stockholders’ equity $ 1,237,866 $ 1,286,120