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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 01, 2022
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 2,389 $ 4,243
Accounts receivable, net of allowances of $924 and $1,046, respectively 25,718 31,871
Inventories 105,644 81,362
Prepaid expenses 18,953 20,839
Other current assets 54,917 43,489
Total current assets 207,621 181,804
Non-current assets:    
Property and equipment, net 195,128 175,223
Operating lease right-of-use assets 371,133 314,226
Goodwill and intangible assets, net 70,468 72,871
Other non-current assets 75,190 56,012
Total assets 919,540 800,136
Current liabilities:    
Borrowings under revolving credit facility 382,500 244,200
Accounts payable 162,547 91,904
Customer prepayments 129,499 72,017
Accrued sales returns 22,368 24,765
Compensation and benefits 51,240 76,786
Taxes and withholding 22,087 23,339
Operating Lease, Liability Current 72,360 62,077
Other current liabilities 64,177 60,856
Total current liabilities 906,778 655,944
Non-current liabilities:    
Deferred income taxes 688 242
Operating lease liabilities 336,192 283,084
Other non-current liabilities 100,835 84,844
Total liabilities 1,344,493 1,024,114
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, 22,683 and 25,390 shares issued and outstanding, respectively 227 254
Additional paid-in capital 3,971 0
Accumulated deficit (429,151) (224,232)
Total shareholders’ deficit (424,953) (223,978)
Total liabilities and shareholders’ deficit $ 919,540 $ 800,136