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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Apr. 04, 2026
Jan. 02, 2026
Current assets    
Cash $ 127,791 $ 188,342
Accounts receivable, net 136,023 141,424
Inventory 318,362 290,611
Prepaid expenses and other current assets 60,145 39,949
Total current assets 642,321 660,326
Property and equipment, net 142,443 142,105
Operating lease right-of-use assets 127,803 131,531
Goodwill 72,308 72,308
Intangible assets, net 223,908 219,791
Other assets 9,835 9,357
Total assets 1,218,618 1,235,418
Current liabilities    
Accounts payable 146,574 140,214
Accrued expenses and other current liabilities 114,327 135,353
Taxes payable 10,107 15,897
Accrued payroll and related costs 14,748 22,659
Current operating lease liabilities 15,189 15,044
Current maturities of long-term debt 4,678 5,172
Total current liabilities 305,623 334,339
Long-term debt, net of current portion 67,373 68,301
Operating lease liabilities, non-current 137,391 139,945
Other liabilities 48,304 42,557
Total liabilities 558,691 585,142
Commitments and contingencies (Note 8)
Stockholders’ Equity    
Common stock, par value $0.01; 600,000,000 shares authorized; 90,679,836 and 75,719,180 shares issued and outstanding at April 4, 2026, respectively, and 89,952,916 and 74,992,260 shares issued and outstanding at January 3, 2026, respectively 907 900
Treasury stock, at cost; 14,960,656 shares at April 4, 2026 and 14,960,656 shares at January 3, 2026 (602,268) (602,268)
Preferred stock, par value $0.01; 30,000,000 shares authorized; no shares issued or outstanding 0 0
Additional paid-in capital 471,158 471,770
Retained earnings 789,363 779,512
Accumulated other comprehensive gain 767 362
Total stockholders’ equity 659,927 650,276
Total liabilities and stockholders’ equity $ 1,218,618 $ 1,235,418