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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 112,136 $ 145,722
Accounts receivable, net of allowance for credit losses 90,822 94,018
Inventories, net 117,079 110,375
Prepaid expenses and other current assets 28,843 29,052
Total current assets 348,880 379,167
Property and equipment, less accumulated depreciation of $117,815 at April 1, 2023 and $116,349 at December 31, 2022 51,086 47,614
Operating lease right-of-use assets 16,054 17,590
Intangible assets, net 23,930 25,070
Goodwill 315,358 315,358
Other long-term assets 12,321 13,914
Total assets 767,629 798,713
Current liabilities:    
Accounts payable 40,843 42,036
Accrued liabilities 40,661 48,467
Accrued payroll obligations 15,654 36,870
Total current liabilities 97,158 127,373
Long-term debt 103,819 128,752
Long-term operating lease liabilities, net of current portion 12,012 13,618
Other long-term liabilities 39,666 41,807
Total liabilities 252,655 311,550
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; 137,637,000 shares issued and outstanding as of April 1, 2023 and 137,099,000 shares issued and outstanding as of December 31, 2022 1,376 1,371
Additional paid-in capital 570,994 599,300
Accumulated deficit (55,171) (111,094)
Accumulated other comprehensive loss (2,225) (2,414)
Total stockholders' equity 514,974 487,163
Total liabilities and stockholders' equity $ 767,629 $ 798,713