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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 02, 2022
Apr. 03, 2021
Current assets:    
Cash and cash equivalents $ 259,496 $ 192,305
Accounts receivable, less allowance of $2,475 at April 2, 2022 and $2,226 at April 3, 2021 159,376 127,555
Inventories, net 293,027 322,614
Prepaid expenses and other current assets 44,132 51,072
Total current assets 756,031 693,546
Property, plant and equipment, net 258,482 217,559
Intangible assets, less accumulated amortization of $376,552 at April 2, 2022 and $320,640 at April 3, 2021 310,261 365,483
Goodwill 467,287 466,444
Deferred tax asset 4,468 6,009
Other long-term assets 63,205 70,882
Total assets 1,859,734 1,819,923
Current liabilities:    
Notes payable and current maturities of long-term debt 214,148 17,016
Accounts payable 58,371 50,293
Accrued payroll and related costs 48,540 47,600
Other current liabilities 121,207 138,586
Total current liabilities 442,266 253,495
Long-term debt, net of current maturities 559,441 690,592
Deferred tax liability 28,727 43,825
Other long-term liabilities 79,876 100,341
Stockholders’ equity:    
Common stock, $0.01 par value; Authorized — 150,000,000 shares; Issued and outstanding — 51,124,240 shares at April 2, 2022 and 50,868,820 shares at April 3, 2021 511 509
Additional paid-in capital 572,476 602,727
Retained earnings 202,391 157,981
Accumulated other comprehensive loss (25,954) (29,547)
Total stockholders’ equity 749,424 731,670
Total liabilities and stockholders’ equity $ 1,859,734 $ 1,819,923