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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Sep. 26, 2020
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 1,365 $ 1,593
Accounts receivable, net of allowance for doubtful accounts of $823 and $898, respectively 32,688 19,978
Inventories 83,258 87,065
Prepaid expenses 10,923 15,335
Other current assets 36,127 36,397
Total current assets 164,361 160,368
Non-current assets:    
Property and equipment, net 178,482 197,421
Operating lease right-of-use assets 311,179 327,017
Goodwill and intangible assets, net 73,508 73,226
Other non-current assets 52,587 48,011
Total assets 780,117 806,043
Current liabilities:    
Borrowings under credit facility 33,500 231,000
Accounts payable 167,139 134,594
Customer prepayments 75,043 34,248
Accrued sales returns 24,085 19,809
Compensation and benefits 61,751 40,321
Taxes and withholding 32,030 22,171
Operating lease liabilities 60,561 59,561
Other current liabilities 58,449 53,070
Total current liabilities 512,558 594,774
Non-current liabilities:    
Deferred income taxes 7,037 3,808
Operating lease liabilities 281,733 298,090
Other non-current liabilities 81,616 68,802
Total liabilities 882,944 965,474
Shareholders’ deficit:    
Undesignated preferred stock; 5,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.01 par value; 142,500 shares authorized, 27,757 and 27,961 shares issued and outstanding, respectively 278 280
Additional paid-in capital 14,390 0
Accumulated deficit (117,495) (159,711)
Total shareholders’ deficit (102,827) (159,431)
Total liabilities and shareholders’ deficit $ 780,117 $ 806,043
Common stock, shares outstanding (in shares) 27,757 27,961
Common stock, shares issued (in shares) 27,757 27,961