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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 25, 2021
Dec. 26, 2020
Current assets:    
Cash and cash equivalents $ 57,263 $ 155,576
Accounts receivable, less allowance for doubtful accounts of $1,248 and $1,260 463,113 460,878
Inventories 475,462 298,719
Prepaids and other current assets 17,297 7,758
Total current assets 1,013,135 922,931
Property, plant and equipment, net 116,309 91,009
Operating lease right-of-use assets 57,698 39,002
Goodwill 200,026 91,080
Intangible assets, net 182,827 25,207
Deferred tax asset, net   12,450
Other assets 45,853 38,982
Total assets 1,615,848 1,220,661
Current liabilities:    
Accounts payable 149,925 117,878
Accrued compensation 21,081 19,711
Accrued customer rebates and returns 180,594 155,751
Revolving credit facility 249,360  
Other accrued liabilities 21,800 29,305
Total current liabilities 622,760 322,645
Long-term operating lease liabilities 52,530 37,083
Other long-term liabilities 4,706 3,555
Deferred tax liabilities, net 31,328 3,819
Commitments and contingencies (Note 7)
Shareholders’ equity:    
Common stock, $0.01 par value; 50,000,000 shares authorized; 31,658,703 and 32,168,740 shares issued and outstanding in 2021 and 2020, respectively 317 322
Additional paid-in capital 73,325 64,085
Retained earnings 830,882 789,152
Total shareholders’ equity 904,524 853,559
Total liabilities and shareholders' equity $ 1,615,848 $ 1,220,661