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Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 02, 2022
Jan. 01, 2022
Current assets    
Cash and cash equivalents $ 495 $ 227
Accounts receivable, net of allowance for credit losses of $978 and $889, respectively 98,220 84,702
Inventories 217,975 220,143
Prepaid expenses and other current assets 16,040 16,638
Income taxes recoverable 8,130 8,259
Total current assets 340,860 329,969
Property, plant and equipment, net 245,898 219,537
Operating lease right-of-use assets 43,174 47,245
Intangible assets, net 145,828 148,440
Goodwill 3,998 3,998
Other assets 6,057 5,930
Total assets 785,815 755,119
Current liabilities    
Accounts payable and accrued liabilities 135,518 121,430
Current portion of long-term debt 17,864 9,760
Current portion of operating lease liabilities 10,104 12,203
Total current liabilities 163,486 143,393
Long-term debt 231,822 214,843
Operating lease liabilities 37,185 39,028
Long-term liabilities 4,034 2,241
Deferred income taxes 10,758 22,485
Total liabilities 447,285 421,990
Preferred stock 28,291 28,145
SHAREHOLDERS' EQUITY    
Common shares, no par value, unlimited shares authorized, 107,578,653 shares issued (January 1, 2022 - 107,359,826) 437,451 436,463
Additional paid-in capital 24,042 23,240
Accumulated deficit (152,617) (156,082)
Accumulated other comprehensive income 1,363 1,363
Total shareholders' equity 310,239 304,984
Total liabilities and shareholders' equity $ 785,815 $ 755,119