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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 28, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 56,845 $ 57,137
Accounts receivable, less allowance for doubtful accounts of $2,131 and $1,619 532,121 573,787
Inventories 798,211 707,977
Prepaids and other current assets 39,554 30,859
Total current assets 1,426,731 1,369,760
Property, plant, and equipment, net 166,606 164,499
Operating lease right-of-use assets 112,024 118,499
Goodwill 444,334 442,886
Intangible assets, net 267,830 278,213
Deferred tax assets 5,865 5,786
Other assets 48,075 44,878
Total assets 2,471,465 2,424,521
Current liabilities:    
Accounts payable 221,307 231,814
Accrued compensation 24,083 44,002
Accrued customer rebates and returns 203,167 204,355
Revolving credit facility 0 13,960
Current portion of long-term debt 31,250 28,125
Other accrued liabilities 40,267 41,546
Total current liabilities 520,074 563,802
Long-term debt 430,338 439,513
Long-term operating lease liabilities 97,720 105,142
Deferred tax liabilities 3,803 3,700
Other long-term liabilities 19,784 18,894
Commitments and contingencies (Note 7)
Shareholders’ equity:    
Common stock, $0.01 par value; 50,000,000 shares authorized; 30,523,887 and 30,565,855 shares issued and outstanding in 2025 and 2024, respectively 305 306
Additional paid-in capital 121,914 119,077
Retained earnings 1,281,741 1,180,862
Accumulated other comprehensive loss (4,214) (6,775)
Total shareholders’ equity 1,399,746 1,293,470
Total liabilities and shareholders' equity $ 2,471,465 $ 2,424,521