XML 14 R3.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 29, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 60,612 $ 57,137
Accounts receivable, less allowance for doubtful accounts of $1,913 and $1,619 555,077 573,787
Inventories 734,575 707,977
Prepaids and other current assets 25,728 30,859
Total current assets 1,375,992 1,369,760
Property, plant, and equipment, net 167,062 164,499
Operating lease right-of-use assets 115,373 118,499
Goodwill 443,153 442,886
Intangible assets, net 272,811 278,213
Deferred tax assets 5,836 5,786
Other assets 47,524 44,878
Total assets 2,427,751 2,424,521
Current liabilities:    
Accounts payable 221,030 231,814
Accrued compensation 21,185 44,002
Accrued customer rebates and returns 203,386 204,355
Revolving credit facility 0 13,960
Current portion of long-term debt 21,875 28,125
Other accrued liabilities 58,694 41,546
Total current liabilities 526,170 563,802
Long-term debt 439,613 439,513
Long-term operating lease liabilities 101,451 105,142
Deferred tax liabilities, net 3,710 3,700
Other long-term liabilities 19,403 18,894
Commitments and contingencies (Note 7)
Shareholders’ equity:    
Common stock, $0.01 par value; 50,000,000 shares authorized; 30,539,334 and 30,565,855 shares issued and outstanding in 2025 and 2024, respectively 306 306
Additional paid-in capital 117,190 119,077
Retained earnings 1,226,461 1,180,862
Accumulated other comprehensive loss (6,553) (6,775)
Total shareholders’ equity 1,337,404 1,293,470
Total liabilities and shareholders' equity $ 2,427,751 $ 2,424,521