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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 28, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 214,297 $ 225,962
Restricted cash 312 3,914
Accounts receivable, net 539,252 469,762
Inventories 524,022 505,078
Other current assets 59,436 38,562
Total current assets 1,337,319 1,243,278
Property and equipment, net 829,730 864,375
Deferred tax assets 181,642 183,837
Goodwill 587,043 602,500
Intangible assets, net 237,233 250,327
Operating lease assets, net 200,472 202,053
Other assets 33,139 34,962
Total assets 3,406,578 3,381,332
Current liabilities    
Accounts payable 281,863 294,951
Accrued payroll and benefits 124,600 109,386
Accrued expenses and other current liabilities 287,321 298,603
Current maturities of long-term debt 64,740 65,846
Total current liabilities 758,524 768,786
Long-term debt 1,547,115 1,451,526
Unfunded pension liability 105,281 107,937
Operating lease liability 164,296 164,026
Deferred credits and other liabilities 68,731 67,682
Deferred tax liabilities 8,863 9,288
Total liabilities 2,652,810 2,569,245
Commitments and contingencies (Note 21)
Shareholders’ equity    
Preferred Stock, par value $0.01 per share, 90,000,000 shares authorized; no shares issued and outstanding 0 0
Common Stock: 900,000,000 shares authorized, par value $0.01 per share, 100,487,485 shares outstanding as of March 28, 2020; 900,000,000 shares authorized, par value $0.01 per share, 100,668,003 shares outstanding as of December 31, 2019 1,005 1,007
Additional paid-in capital 675,268 671,772
Retained earnings 279,646 290,583
Accumulated other comprehensive loss (202,151) (151,275)
Total shareholders’ equity 753,768 812,087
Total liabilities and shareholders’ equity $ 3,406,578 $ 3,381,332