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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 11, 2020
Dec. 28, 2019
Current assets    
Cash and cash equivalents $ 34,645 $ 24,172
Accounts and notes receivable, net 374,394 345,320
Inventories, net 552,379 537,212
Prepaid expenses and other current assets 75,219 58,775
Property and equipment held for sale 22,038 31,203
Total current assets 1,058,675 996,682
Property and equipment, net 562,806 615,816
Goodwill 181,035 181,035
Intangible assets, net 127,320 130,434
Operating lease assets 266,765 268,982
Other assets, net 99,948 82,660
Total assets 2,296,549 2,275,609
Current liabilities    
Accounts payable 489,412 405,370
Accrued payroll and benefits 84,444 59,680
Other accrued expenses 54,629 51,295
Current portion of operating lease liabilities 43,398 42,440
Current portion of long-term debt and finance lease liabilities 5,489 6,349
Total current liabilities 677,372 565,134
Long-term liabilities    
Deferred income taxes 57,681 43,111
Operating lease liabilities 260,770 267,350
Other long-term liabilities 39,269 30,272
Long-term debt and finance lease liabilities 552,206 682,204
Total long-term liabilities 909,926 1,022,937
Commitments and contingencies (Note 8)
Shareholders’ equity    
Common stock, voting, no par value; 100,000 shares authorized; 35,842 and 36,351 shares outstanding 483,484 490,233
Preferred stock, no par value, 10,000 shares authorized; no shares outstanding
Accumulated other comprehensive loss (1,500) (1,600)
Retained earnings 227,267 198,905
Total shareholders’ equity 709,251 687,538
Total liabilities and shareholders’ equity $ 2,296,549 $ 2,275,609