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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 68,353 $ 43,458
Accounts receivable, less allowance for doubtful accounts of $957 and $982 in 2019 and 2018, respectively 391,810 400,663
Inventories 280,813 270,504
Prepaids and other current assets 13,614 5,652
Total current assets 754,590 720,277
Property, plant and equipment, net 101,837 98,647
Operating lease right-of-use assets 32,198  
Goodwill 74,458 72,606
Intangible assets, net 21,305 25,164
Deferred tax asset, net 4,336 6,228
Other assets 52,348 55,184
Total 1,041,072 978,106
Current liabilities:    
Accounts payable 90,437 109,096
Accrued compensation 9,782 14,515
Accrued customer rebates and returns 105,903 96,887
Other accrued liabilities 14,380 11,641
Total current liabilities 220,502 232,139
Long-term operating lease liabilities 29,730  
Other long-term liabilities 13,297 13,550
Deferred tax liabilities, net 3,959 4,794
Commitments and contingencies (Note 11)
Shareholders' equity:    
Common stock, par value $0.01; authorized 50,000,000 shares; issued and outstanding 32,558,168 and 33,004,861 shares in 2019 and 2018, respectively 326 330
Additional paid-in capital 52,605 47,861
Retained earnings 720,653 679,432
Total shareholders' equity 773,584 727,623
Total $ 1,041,072 $ 978,106