XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2024
Dec. 29, 2023
Current assets:    
Cash and cash equivalents $ 41,251 $ 61,023
Accounts receivable, net 45,340 45,879
Inventories 249,241 268,793
Prepaid expenses 23,403 21,067
Other current assets 2,312 2,678
Total current assets 361,547 399,440
Long-term assets:    
Property and equipment, net 44,595 45,560
Goodwill 592,186 592,389
Other intangible assets, net 492,693 505,077
Operating lease right-of-use assets 49,752 51,851
Other assets 9,042 8,611
Total assets 1,549,815 1,602,928
Current liabilities:    
Current maturities of long-term debt 3,900 3,900
Accounts payable 59,202 67,295
Accrued liabilities 58,513 62,631
Current operating lease liability 11,611 11,456
Current tax receivable agreement liability 12,827 21,107
Total current liabilities 146,053 166,389
Long-term liabilities:    
Long-term debt, net of current portion 495,070 495,620
Deferred income tax liabilities, net 33,809 26,975
Operating lease liability, net of current portion 49,582 52,090
Tax receivable agreement liability, net of current portion 67,735 80,929
Other liabilities 18,997 21,068
Total liabilities 811,246 843,071
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000 shares authorized; 76,472 shares issued and outstanding as of March 29, 2024 and 75,944 shares issued and outstanding at December 29, 2023 765 759
Preferred stock, $0.01 par value; 50,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital 873,746 872,065
Accumulated deficit (132,347) (109,414)
Accumulated other comprehensive loss (3,595) (3,553)
Total stockholders’ equity 738,569 759,857
Total liabilities and stockholders’ equity $ 1,549,815 $ 1,602,928