Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.23.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Oct. 01, 2022
Current assets      
Cash and cash equivalents $ 77,828 $ 59,179 $ 58,053
Accounts receivable, net 236,816 225,858 234,569
Inventories 605,234 596,836 678,207
Prepaid expenses and other current assets 113,186 100,396 102,425
Total current assets 1,033,064 982,269 1,073,254
Property, plant and equipment, net 110,399 104,465 101,407
Operating lease assets 63,114 51,029 47,831
Intangible assets, net 12,553 13,361 13,242
Goodwill 209,413 209,627 209,012
Other assets 197,387 221,510 208,264
TOTAL ASSETS 1,625,930 1,582,261 1,653,010
Current liabilities      
Short-term borrowings 0 7,280 7,093
Current portion of long-term debt 17,500 10,000 7,500
Accounts payable 182,448 206,262 306,278
Accrued liabilities 168,356 196,989 167,690
Operating lease liabilities, current 20,975 19,898 18,885
Total current liabilities 389,279 440,429 507,446
Operating lease liabilities, noncurrent 41,348 31,506 30,255
Other liabilities 79,084 76,950 82,417
Long-term debt 768,595 782,619 824,793
Commitments and contingencies
Total liabilities 1,278,306 1,331,504 1,444,911
Equity      
Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at September 2023, December 2022 and September 2022 0 0 0
Common Stock, no par value; shares authorized, 600,000,000; shares outstanding of 56,173,518 at September 2023; 55,516,872 at December 2022 and 55,464,569 at September 2022 0 0 0
Additional paid-in capital 261,966 243,696 237,934
Retained earnings 156,491 86,726 62,448
Accumulated other comprehensive loss (70,833) (79,665) (92,283)
Total equity 347,624 250,757 208,099
TOTAL LIABILITIES AND EQUITY $ 1,625,930 $ 1,582,261 $ 1,653,010