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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2024
Dec. 29, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 22,381 $ 62,939
Restricted cash 497 971
Accounts receivable, net 48,519 54,178
Contract assets, current 119,694 125,943
Prepaids and other current assets 17,734 13,427
TOTAL CURRENT ASSETS 208,825 257,458
Property, plant and equipment, net 36,153 46,373
Intangible assets, net 7,956 9,244
Contract assets, non-current 46,569 48,316
Lease right-of-use assets 21,328 23,855
Investment in unconsolidated joint ventures 22,202 21,283
Deferred tax assets 0 17,252
Other assets 1,481 2,871
TOTAL ASSETS 344,514 426,652
CURRENT LIABILITIES    
Accounts payable 57,081 81,589
Contract liabilities, current 111,821 115,785
Accrued salaries, wages and benefits 28,610 26,911
Accrued expenses 39,073 33,897
Short-term debt 14,773 0
Other current liabilities 14,621 13,071
TOTAL CURRENT LIABILITIES 265,979 271,253
Long-term debt, net 52,789 29,627
Lease liabilities, non-current 13,154 15,045
Contract liabilities, non-current 2,689 3,215
Contingent consideration 4,304 15,488
Deferred tax liabilities 0 17,252
Other liabilities 5,163 4,282
TOTAL LIABILITIES 344,078 356,162
Commitments and Contingencies (Note 11)
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, 100,000,000 shares authorized as of June 28, 2024 and December 29, 2023; 33,709,919 and 25,493,877 shares issued and outstanding as of June 28, 2024 and December 29, 2023, respectively 337 255
Additional paid-in-capital 39,205 24,445
Retained (deficit) earnings (38,185) 46,537
Non-controlling interests (921) (747)
TOTAL STOCKHOLDERS' EQUITY 436 70,490
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 344,514 $ 426,652