XML 18 R3.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 1,792 $ 2,389
Accounts receivable, net of allowances of $1,267 and $924, respectively 26,005 25,718
Inventories 114,034 105,644
Prepaid expenses 16,006 18,953
Other current assets 39,921 54,917
Total current assets 197,758 207,621
Non-current assets:    
Property and equipment, net 200,605 195,128
Operating lease right-of-use assets 397,755 371,133
Goodwill and intangible assets, net 68,065 70,468
Deferred income taxes 7,958 0
Other non-current assets 81,795 75,190
Total assets 953,936 919,540
Current liabilities:    
Borrowings under revolving credit facility 459,600 382,500
Accounts payable 176,207 162,547
Customer prepayments 73,181 129,499
Accrued sales returns 25,594 22,368
Compensation and benefits 31,291 51,240
Taxes and withholding 23,622 22,087
Operating Lease, Liability Current 79,533 72,360
Other current liabilities 60,785 64,177
Total current liabilities 929,813 906,778
Non-current liabilities:    
Deferred income taxes 0 688
Operating lease liabilities 356,879 336,192
Other non-current liabilities 105,421 100,835
Total liabilities 1,392,113 1,344,493
Shareholders’ deficit:    
Undesignated preferred stock; 5,000 shares authorized, five thousand shares issued and outstanding 0 0
Common stock, $0.01 par value; 142,500 shares authorized, 22,014 and 22,683 shares issued and outstanding, respectively 220 227
Additional paid-in capital 5,182 3,971
Accumulated deficit (443,579) (429,151)
Total shareholders’ deficit (438,177) (424,953)
Total liabilities and shareholders’ deficit $ 953,936 $ 919,540