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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 39,068 $ 56,087
Accounts receivable, less allowance for credit losses of $1,803 and $2,026 respectively 50,894 36,123
Inventory 189,143 192,523
Prepaids and other current assets 9,081 12,614
Total current assets 288,186 297,347
Property, plant, and equipment, net 41,664 40,983
Goodwill 372,340 372,340
Other intangibles assets, net 407,130 386,676
Right-of-use assets 34,841 35,974
Total assets 1,144,161 1,133,320
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 37,586 44,781
Accrued liabilities 56,164 43,190
Current portion of long-term debt 7,068 7,201
Total current liabilities 100,818 95,172
Long-term debt, net of current portion 544,194 545,385
Warrant liability 740 813
Earn-out liability 963 1,148
Deferred taxes 37,308 37,391
Other noncurrent liabilities 35,553 32,259
Total liabilities 719,576 712,168
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 March 30, 2025 and December 31, 2024 0 0
Common stock, $0.0001 par value, 550,000,000 shares authorized, 119,082,657 and 118,748,697 shares issued and outstanding on March 30, 2025 and December 31, 2024, respectively 12 12
Additional paid-in capital 378,458 377,557
Accumulated other comprehensive loss (1,447) (1,162)
Retained earnings 47,562 44,745
Total stockholders' equity 424,585 421,152
Total liabilities and stockholders' equity $ 1,144,161 $ 1,133,320