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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,459 $ 1,792
Accounts receivable, net of allowances of $1,474 and $1,267, respectively 23,288 26,005
Inventories 116,781 114,034
Prepaid expenses 26,986 16,006
Other current assets 39,902 39,921
Total current assets 208,416 197,758
Non-current assets:    
Property and equipment, net 194,802 200,605
Operating lease right-of-use assets 398,339 397,755
Goodwill and intangible assets, net 67,565 68,065
Deferred income taxes 11,210 7,958
Other non-current assets 82,477 81,795
Total assets 962,809 953,936
Current liabilities:    
Borrowings under revolving credit facility 470,600 459,600
Accounts payable 160,304 176,207
Customer prepayments 68,542 73,181
Accrued sales returns 24,071 25,594
Compensation and benefits 30,706 31,291
Taxes and withholding 31,647 23,622
Operating lease liabilities 81,383 79,533
Other current liabilities 58,441 60,785
Total current liabilities 925,694 929,813
Non-current liabilities:    
Operating lease liabilities 355,556 356,879
Other non-current liabilities 106,606 105,421
Total liabilities 1,387,856 1,392,113
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, 22,184 and 22,014 shares issued and outstanding, respectively 222 220
Additional paid-in capital 6,845 5,182
Accumulated deficit (432,114) (443,579)
Total shareholders’ deficit (425,047) (438,177)
Total liabilities and shareholders’ deficit $ 962,809 $ 953,936