Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 02, 2022	Jan. 03, 2021
Current assets
Cash and cash equivalents	$ 97,252	$ 103,053
Accounts receivable, net	171,676	139,869
Inventories, net	265,092	228,725
Prepaid expenses and other current assets	38,320	23,747
Total current assets	572,340	495,394
Property, plant and equipment, net	329,801	359,036
Operating lease right-of-use assets	90,561	98,013
Deferred tax asset	23,994	18,175
Goodwill and intangibles, net	223,204	253,536
Other assets	90,157	81,857
Total assets	1,330,057	1,306,011
Current liabilities
Accounts payable	85,924	58,687
Accrued expenses	146,298	105,739
Current portion of operating lease liabilities	14,588	13,555
Current portion of long-term debt	15,002	15,319
Total current liabilities	261,812	193,300
Long-term debt	503,056	561,251
Operating lease liabilities	77,905	86,468
Deferred income taxes	36,723	34,307
Other long-term liabilities	87,163	104,147
Total liabilities	966,659	979,473
Commitments and contingencies
Shareholders’ equity
Preferred stock, par value $1.00 per share; 5,000 shares authorized; none issued or outstanding at January 2, 2022 and January 3, 2021	0	0
Common stock, par value $0.10 per share; 120,000 shares authorized; 59,055 and 58,664 shares issued and outstanding at January 2, 2022 and January 3, 2021, respectively	5,905	5,865
Additional paid-in capital	253,110	247,920
Retained earnings	261,434	208,562
Accumulated other comprehensive loss – foreign currency translation	(100,441)	(60,331)
Accumulated other comprehensive loss – cash flow hedge	(2,722)	(6,190)
Accumulated other comprehensive loss – pension liability	(53,888)	(69,288)
Total shareholders’ equity	363,398	326,538
Total liabilities and shareholders’ equity	$ 1,330,057	$ 1,306,011