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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 01, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 31,318 $ 40,577
Accounts receivable, net 59,172 52,620
Inventories, net 274,697 210,964
Prepaid expenses and other current assets 31,613 35,114
Total current assets 396,800 339,275
Long-term assets:    
Property and equipment, net 24,238 22,603
Goodwill 590,199 580,761
Other intangible assets, net 576,159 587,192
Operating lease right-of-use assets 39,547  
Other assets 3,530 10,550
Total assets 1,630,473 1,540,381
Current liabilities:    
Current maturities of long-term debt 4,650 3,488
Accounts payable 84,966 72,781
Accrued liabilities 71,499 75,517
Current operating lease liability 11,772  
Current tax receivable agreement liability 11,038 0
Total current liabilities 183,925 151,786
Long-term liabilities:    
Revolving credit facility, net 45,647 0
Long-term debt, net of current portion 447,700 449,256
Deferred income tax liabilities, net 45,592 48,555
Operating lease liability, net of current portion 30,739  
Tax receivable agreement liability, net of current portion 101,368 112,406
Other liabilities 21,610 30,103
Total liabilities 876,581 792,106
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000 shares authorized; 74,613 shares issued and outstanding as of July 1, 2022 and 74,427 shares issued and outstanding at December 31, 2021 746 744
Preferred stock, $0.01 par value; 50,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital 838,035 826,718
Accumulated deficit (82,983) (79,420)
Accumulated other comprehensive loss (2,130) (28)
Company’s stockholders’ equity 753,668 748,014
Noncontrolling interest 224 261
Total stockholders’ equity 753,892 748,275
Total liabilities and stockholders’ equity $ 1,630,473 $ 1,540,381