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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 29, 2023
Dec. 30, 2022
Current assets:    
Cash and cash equivalents $ 61,023 $ 21,117
Accounts receivable, net 45,879 48,174
Inventories 268,793 314,588
Prepaid expenses 21,067 22,913
Other current assets 2,678 5,930
Total current assets 399,440 412,722
Long-term assets:    
Property and equipment, net 45,560 34,958
Goodwill 592,389 592,186
Other intangible assets, net 505,077 554,419
Operating lease right-of-use assets 51,851 54,041
Other assets 8,611 4,195
Total assets 1,602,928 1,652,521
Current liabilities:    
Current maturities of long-term debt 3,900 5,063
Accounts payable 67,295 77,443
Accrued liabilities 62,631 64,605
Current operating lease liability 11,456 10,574
Current tax receivable agreement liability 21,107 10,191
Total current liabilities 166,389 167,876
Long-term liabilities:    
Revolving credit facility, net 0 10,800
Long-term debt, net of current portion 495,620 496,795
Deferred income tax liabilities, net 26,975 43,515
Operating lease liability, net of current portion 52,090 50,896
Tax receivable agreement liability, net of current portion 80,929 101,262
Other liabilities 21,068 24,206
Total liabilities 843,071 895,350
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000 shares authorized; 75,944 shares issued and outstanding as of December 29, 2023 and 75,042 shares issued and outstanding at December 30, 2022 759 750
Preferred stock, $0.01 par value; 50,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital 872,065 848,703
Accumulated deficit (109,414) (88,046)
Accumulated other comprehensive loss (3,553) (4,236)
Total stockholders’ equity 759,857 757,171
Total liabilities and stockholders’ equity $ 1,602,928 $ 1,652,521