Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.23.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 01, 2023
Dec. 31, 2022
Jul. 02, 2022
Current assets      
Cash and cash equivalents $ 82,418 $ 59,179 $ 145,296
Accounts receivable, net 186,024 225,858 185,157
Inventories 626,885 596,836 537,900
Prepaid expenses and other current assets 114,345 100,396 89,171
Total current assets 1,009,672 982,269 957,524
Property, plant and equipment, net 106,878 104,465 101,994
Operating lease assets 65,388 51,029 44,271
Intangible assets, net 12,941 13,361 13,740
Goodwill 209,969 209,627 210,164
Other assets 203,469 221,510 215,455
TOTAL ASSETS 1,608,317 1,582,261 1,543,148
Current liabilities      
Short-term borrowings 62 7,280 4,848
Current portion of long-term debt 15,000 10,000 5,000
Accounts payable 195,282 206,262 281,391
Accrued liabilities 156,766 196,989 153,527
Operating lease liabilities, current 21,899 19,898 20,254
Total current liabilities 389,009 440,429 465,020
Operating lease liabilities, noncurrent 42,044 31,506 25,132
Other liabilities 80,743 76,950 86,839
Long-term debt 773,270 782,619 786,968
Commitments and contingencies
Total liabilities 1,285,066 1,331,504 1,363,959
Equity      
Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at June 2023, December 2022 and June 2022 0 0 0
Common Stock, no par value; shares authorized, 600,000,000; shares outstanding of 56,109,508 at June 2023; 55,516,872 at December 2022 and 55,382,208 at June 2022 0 0 0
Additional paid-in capital 258,349 243,696 232,041
Retained earnings 124,995 86,726 39,105
Accumulated other comprehensive loss (60,093) (79,665) (91,957)
Total equity 323,251 250,757 179,189
TOTAL LIABILITIES AND EQUITY $ 1,608,317 $ 1,582,261 $ 1,543,148