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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 21,117 $ 40,577
Accounts receivable, net 48,174 52,620
Inventories 314,588 210,964
Prepaid expenses 22,913 27,093
Other current assets 5,930 8,021
Total current assets 412,722 339,275
Long-term assets:    
Property and equipment, net 34,958 22,603
Goodwill 592,186 580,761
Other intangible assets, net 554,419 587,192
Operating lease right-of-use assets 54,041  
Other assets 4,195 10,550
Total assets 1,652,521 1,540,381
Current liabilities:    
Current maturities of long-term debt 5,063 3,488
Accounts payable 77,443 72,781
Accrued liabilities 64,605 75,517
Current operating lease liability 10,574  
Current tax receivable agreement liability 10,191 0
Total current liabilities 167,876 151,786
Long-term liabilities:    
Revolving credit facility, net 10,800 0
Long-term debt, net of current portion 496,795 449,256
Deferred income tax liabilities, net 43,515 48,555
Operating lease liability, net of current portion 50,896  
Tax receivable agreement liability, net of current portion 101,262 112,406
Other liabilities 24,206 30,103
Total liabilities 895,350 792,106
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000 shares authorized; 75,042 shares issued and outstanding as of December 30, 2022 and 74,427 shares issued and outstanding at December 31, 2021 750 744
Preferred stock, $0.01 par value; 50,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital 848,703 826,718
Accumulated deficit (88,046) (79,420)
Accumulated other comprehensive (loss) income (4,236) (28)
Company’s stockholders’ equity 757,171 748,014
Noncontrolling interest 0 261
Total stockholders’ equity 757,171 748,275
Total liabilities and stockholders’ equity $ 1,652,521 $ 1,540,381