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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 01, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 103,773 $ 145,722
Accounts receivable, net of allowance for credit losses 96,587 94,018
Inventories, net 111,490 110,375
Prepaid expenses and other current assets 32,762 29,052
Total current assets 344,612 379,167
Property and equipment, less accumulated depreciation of $120,959 at July 1, 2023 and $116,349 at December 31, 2022 50,446 47,614
Operating lease right-of-use assets 14,543 17,590
Intangible assets, net 22,790 25,070
Goodwill 315,358 315,358
Other long-term assets 11,322 13,914
Total assets 759,071 798,713
Current liabilities:    
Accounts payable 41,264 42,036
Accrued liabilities 32,877 48,467
Accrued payroll obligations 17,825 36,870
Total current liabilities 91,966 127,373
Long-term debt 43,885 128,752
Long-term operating lease liabilities, net of current portion 10,827 13,618
Other long-term liabilities 37,632 41,807
Total liabilities 184,310 311,550
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; 137,823,000 shares issued and outstanding as of July 1, 2023 and 137,099,000 shares issued and outstanding as of December 31, 2022 1,378 1,371
Additional paid-in capital 580,592 599,300
Accumulated deficit (4,527) (111,094)
Accumulated other comprehensive loss (2,682) (2,414)
Total stockholders' equity 574,761 487,163
Total liabilities and stockholders' equity $ 759,071 $ 798,713