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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 01, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 25,055 $ 40,577
Accounts receivable, net 57,151 52,620
Inventories, net 241,468 210,964
Prepaid expenses and other current assets 34,578 35,114
Total current assets 358,252 339,275
Long-term assets:    
Property and equipment, net 23,654 22,603
Goodwill 590,166 580,761
Other intangible assets, net 588,740 587,192
Operating lease right-of-use assets 41,835  
Other assets 9,849 10,550
Total assets 1,612,496 1,540,381
Current liabilities:    
Current maturities of long-term debt 3,488 3,488
Accounts payable 72,938 72,781
Accrued liabilities 68,739 75,517
Current operating lease liability 12,594  
Current tax receivable agreement liability 11,038 0
Total current liabilities 168,797 151,786
Long-term liabilities:    
Revolving credit facility, net 35,571 0
Long-term debt, net of current portion 449,638 449,256
Deferred income tax liabilities, net 49,481 48,555
Operating lease liability, net of current portion 32,204  
Tax receivable agreement liability, net of current portion 101,368 112,406
Other liabilities 23,813 30,103
Total liabilities 860,872 792,106
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000 shares authorized; 74,487 shares issued and outstanding as of April 1, 2022 and 74,427 shares issued and outstanding at December 31, 2021 745 744
Preferred stock, $0.01 par value; 50,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital 832,316 826,718
Accumulated deficit (81,656) (79,420)
Accumulated other comprehensive (loss) income (22) (28)
Company’s stockholders’ equity 751,383 748,014
Noncontrolling interest 241 261
Total stockholders’ equity 751,624 748,275
Total liabilities and stockholders’ equity $ 1,612,496 $ 1,540,381