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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 02, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 122,989 $ 131,570
Accounts receivable, net of allowance for credit losses 83,055 79,859
Inventories, net 71,773 67,594
Prepaid expenses and other current assets 21,368 22,328
Total current assets 299,185 301,351
Property and equipment, less accumulated depreciation of $112,401 at April 2, 2022 and $109,905 at January 1, 2022 39,626 38,094
Operating lease right-of-use assets 22,378 23,818
Intangible assets, net 28,350 29,782
Goodwill 315,358 315,358
Other long-term assets 16,029 18,091
Total assets 720,926 726,494
Current liabilities:    
Accounts payable 38,491 34,597
Accrued expenses 27,062 26,444
Accrued payroll obligations 16,328 27,967
Current portion of long-term debt 17,182 17,173
Total current liabilities 99,063 106,181
Long-term debt, net of current portion 136,461 140,760
Long-term operating lease liabilities, net of current portion 17,735 19,248
Other long-term liabilities 46,112 48,672
Total liabilities 299,371 314,861
Contingencies (Note 12)
Stockholders' equity:    
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $.01 par value, 300,000,000 shares authorized; 137,597,000 shares issued and outstanding as of April 2, 2022 and 137,239,000 shares issued and outstanding as of January 1, 2022 1,376 1,372
Additional paid-in capital 675,781 701,688
Accumulated deficit (253,898) (289,976)
Accumulated other comprehensive loss (1,704) (1,451)
Total stockholders' equity 421,555 411,633
Total liabilities and stockholders' equity $ 720,926 $ 726,494