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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 03, 2021
Dec. 29, 2019
Current assets    
Cash and cash equivalents $ 103,053 $ 81,301
Accounts receivable, net 139,869 177,482
Inventories, net 228,725 253,584
Prepaid expenses and other current assets 23,747 35,768
Total current assets 495,394 548,135
Property, plant and equipment, net 359,036 324,585
Operating lease right-of-use assets 98,013 107,044
Deferred tax asset 18,175 19,683
Goodwill and intangibles, net 253,536 346,474
Other assets 81,857 77,128
Total assets 1,306,011 1,423,049
Current liabilities    
Accounts payable 58,687 75,687
Accrued expenses 105,739 140,652
Current portion of operating lease liabilities 13,555 15,914
Current portion of long-term debt 15,319 31,022
Total current liabilities 193,300 263,275
Long-term debt 561,251 565,178
Operating lease liabilities 86,468 91,829
Deferred income taxes 34,307 35,550
Other long-term liabilities 104,147 99,015
Total liabilities 979,473 1,054,847
Commitments and contingencies
Shareholders’ equity    
Preferred stock, par value $1.00 per share; 5,000 shares authorized; none issued or outstanding at January 3, 2021 and December 29, 2019 0 0
Common stock, par value $0.10 per share; 120,000 shares authorized; 58,664 and 58,416 shares issued and outstanding at January 3, 2021 and December 29, 2019, respectively 5,865 5,842
Additional paid-in capital 247,920 250,306
Retained earnings 208,562 286,056
Accumulated other comprehensive loss – foreign currency translation (60,331) (113,139)
Accumulated other comprehensive loss – cash flow hedge (6,190) (4,163)
Accumulated other comprehensive loss – pension liability (69,288) (56,700)
Total shareholders’ equity 326,538 368,202
Total liabilities and shareholders’ equity $ 1,306,011 $ 1,423,049