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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 30, 2022
Current assets:    
Cash and cash equivalents $ 33,846 $ 21,117
Accounts receivable, net 54,703 48,174
Inventories 292,531 314,588
Prepaid expenses 22,261 22,913
Other current assets 2,957 5,930
Total current assets 406,298 412,722
Long-term assets:    
Property and equipment, net 45,074 34,958
Goodwill 592,380 592,186
Other intangible assets, net 529,792 554,419
Operating lease right-of-use assets 54,775 54,041
Other assets 6,092 4,195
Total assets 1,634,411 1,652,521
Current liabilities:    
Current maturities of long-term debt 5,200 5,063
Accounts payable 62,753 77,443
Accrued liabilities 64,537 64,605
Current operating lease liability 10,702 10,574
Current tax receivable agreement liability 23,195 10,191
Total current liabilities 166,387 167,876
Long-term liabilities:    
Revolving credit facility, net 26,952 10,800
Long-term debt, net of current portion 495,462 496,795
Deferred income tax liabilities, net 34,542 43,515
Operating lease liability, net of current portion 55,649 50,896
Tax receivable agreement liability, net of current portion 78,211 101,262
Other liabilities 20,952 24,206
Total liabilities 878,155 895,350
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000 shares authorized; 75,615 shares issued and outstanding as of June 30, 2023 and 75,042 shares issued and outstanding at December 30, 2022 756 750
Preferred stock, $0.01 par value; 50,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital 861,550 848,703
Accumulated deficit (102,718) (88,046)
Accumulated other comprehensive loss (3,332) (4,236)
Total stockholders’ equity 756,256 757,171
Total liabilities and stockholders’ equity $ 1,634,411 $ 1,652,521