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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 30, 2022
Current assets:    
Cash and cash equivalents $ 34,452 $ 21,117
Accounts receivable, net 50,415 48,174
Inventories 313,555 314,588
Prepaid expenses 23,042 22,913
Other current assets 3,771 5,930
Total current assets 425,235 412,722
Long-term assets:    
Property and equipment, net 41,426 34,958
Goodwill 592,195 592,186
Other intangible assets, net 541,996 554,419
Operating lease right-of-use assets 51,541 54,041
Other assets 4,949 4,195
Total assets 1,657,342 1,652,521
Current liabilities:    
Current maturities of long-term debt 5,200 5,063
Accounts payable 66,704 77,443
Accrued liabilities 64,255 64,605
Current operating lease liability 9,964 10,574
Current tax receivable agreement liability 23,195 10,191
Total current liabilities 169,318 167,876
Long-term liabilities:    
Revolving credit facility, net 48,876 10,800
Long-term debt, net of current portion 496,054 496,795
Deferred income tax liabilities, net 37,670 43,515
Operating lease liability, net of current portion 52,195 50,896
Tax receivable agreement liability, net of current portion 78,211 101,262
Other liabilities 25,641 24,206
Total liabilities 907,965 895,350
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000 shares authorized; 75,252 shares issued and outstanding as of March 31, 2023 and 75,042 shares issued and outstanding at December 30, 2022 752 750
Preferred stock, $0.01 par value; 50,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital 855,202 848,703
Accumulated deficit (102,594) (88,046)
Accumulated other comprehensive loss (3,983) (4,236)
Total stockholders’ equity 749,377 757,171
Total liabilities and stockholders’ equity $ 1,657,342 $ 1,652,521