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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 29, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 50,751 $ 41,081
Accounts receivable, less allowance for credit losses of $1,970 and $1,577 respectively 44,492 48,360
Inventory 179,285 192,260
Prepaids and other current assets 16,332 15,665
Assets held for sale 7,696 0
Total current assets 298,556 297,366
Property, plant, and equipment, net 42,718 47,206
Goodwill 413,245 419,056
Other intangibles assets, net 398,804 410,465
Right-of-use assets 30,911 29,250
Total assets 1,184,234 1,203,343
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 52,738 43,692
Accrued interest 487 455
Accrued liabilities 41,164 42,129
Current portion of long-term debt 7,479 7,461
Total current liabilities 101,868 93,737
Long-term debt, net of current portion 548,905 576,710
Warrant liability 813 8,383
Earn-out liability 1,138 3,479
Deferred taxes 45,008 53,542
Other noncurrent liabilities 27,759 26,341
Total liabilities 725,491 762,192
Commitments and contingencies (Refer to Note 15 - Commitments and Contingencies)
Stockholders' equity:    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding on September 29, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value, 550,000,000 shares authorized, 118,703,283 and 117,707,280 shares issued and outstanding on September 29, 2024 and December 31, 2023, respectively 12 12
Additional paid-in capital 376,670 373,869
Accumulated other comprehensive loss (466) (710)
Retained earnings 82,527 67,980
Total stockholders' equity 458,743 441,151
Total liabilities and stockholders' equity $ 1,184,234 $ 1,203,343