Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.24.1.u1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Apr. 01, 2023
Current assets      
Cash and cash equivalents $ 215,059 $ 215,050 $ 52,677
Accounts receivable, net 239,632 217,673 224,024
Inventories 501,341 500,353 660,089
Prepaid expenses and other current assets 104,208 110,808 102,757
Total current assets 1,060,240 1,043,884 1,039,547
Property, plant and equipment, net 110,304 112,045 104,999
Operating lease assets 56,268 54,812 55,116
Intangible assets, net 12,135 12,497 13,173
Goodwill 209,566 209,862 209,904
Other assets 212,924 212,339 220,831
TOTAL ASSETS 1,661,437 1,645,439 1,643,570
Current liabilities      
Short-term borrowings 0 0 7,255
Current portion of long-term debt 20,000 20,000 12,500
Accounts payable 187,200 180,220 163,871
Accrued and other current liabilities 163,251 171,414 197,203
Operating lease liabilities, current 22,187 21,003 21,241
Total current liabilities 392,638 392,637 402,070
Operating lease liabilities, noncurrent 37,016 36,753 32,472
Other liabilities 85,344 80,215 81,796
Long-term debt 759,246 763,921 827,944
Total liabilities 1,274,244 1,273,526 1,344,282
Commitments and contingencies
Equity      
Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at March 2024, December 2023 and March 2023 0 0 0
Common Stock, no par value; shares authorized, 600,000,000; shares outstanding of 55,691,516 at March 2024; 55,720,251 at December 2023 and 55,933,661 at March 2023 0 0 0
Additional paid-in capital 284,301 273,197 251,108
Retained earnings 171,124 166,567 116,185
Accumulated other comprehensive loss (68,232) (67,851) (68,005)
Total equity 387,193 371,913 299,288
TOTAL LIABILITIES AND EQUITY $ 1,661,437 $ 1,645,439 $ 1,643,570