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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 27, 2024
Dec. 29, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 25,962 $ 62,939
Restricted cash 611 971
Accounts receivable, net 53,516 54,178
Contract assets, current 127,518 125,943
Prepaids and other current assets 13,582 13,427
TOTAL CURRENT ASSETS 221,189 257,458
Property, plant and equipment, net 21,396 46,373
Intangible assets, net 7,312 9,244
Contract assets, non-current 49,159 48,316
Lease right-of-use assets 25,996 23,855
Investment in unconsolidated joint ventures 19,936 21,283
Deferred tax assets 0 17,252
Other assets 1,749 2,871
TOTAL ASSETS 346,737 426,652
CURRENT LIABILITIES    
Accounts payable 69,441 81,589
Contract liabilities, current 97,627 115,785
Accrued salaries, wages and benefits 29,400 26,911
Accrued expenses 62,782 33,897
Other current liabilities 18,926 13,071
TOTAL CURRENT LIABILITIES 278,176 271,253
Long-term debt, net 39,903 29,627
Lease liabilities, non-current 17,117 15,045
Contract liabilities, non-current 0 3,215
Contingent consideration 4,718 15,488
Deferred tax liabilities 0 17,252
Other liabilities 5,850 4,282
TOTAL LIABILITIES 345,764 356,162
Commitments and Contingencies (Note 11)
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, 100,000,000 shares authorized as of September 27, 2024 and December 29, 2023; 33,738,739 and 25,493,877 shares issued and outstanding as of September 27, 2024 and December 29, 2023, respectively 338 255
Additional paid-in-capital 40,543 24,445
Retained (deficit) earnings (39,749) 46,537
Non-controlling interests (159) (747)
TOTAL STOCKHOLDERS' EQUITY 973 70,490
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 346,737 $ 426,652