Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 29, 2024
Dec. 30, 2023
Jul. 01, 2023
Current assets      
Cash and cash equivalents $ 224,296 $ 215,050 $ 82,418
Accounts receivable, net 205,019 217,673 186,024
Inventories 488,340 500,353 626,885
Prepaid expenses and other current assets 104,357 110,808 114,345
Total current assets 1,022,012 1,043,884 1,009,672
Property, plant and equipment, net 108,150 112,045 106,878
Operating lease assets 55,850 54,812 65,388
Intangible assets, net 11,854 12,497 12,941
Goodwill 209,493 209,862 209,969
Other assets 205,080 212,339 203,469
TOTAL ASSETS 1,612,439 1,645,439 1,608,317
Current liabilities      
Short-term borrowings 0 0 62
Current portion of long-term debt 0 20,000 15,000
Accounts payable 196,460 180,220 195,282
Accrued and other current liabilities 153,903 171,414 156,766
Operating lease liabilities, current 22,714 21,003 21,899
Total current liabilities 373,077 392,637 389,009
Operating lease liabilities, noncurrent 35,911 36,753 42,044
Other liabilities 86,646 80,215 80,743
Long-term debt 749,654 763,921 773,270
Total liabilities 1,245,288 1,273,526 1,285,066
Commitments and contingencies
Equity      
Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at June 2024, December 2023 and June 2023 0 0 0
Common Stock, no par value; shares authorized, 600,000,000; shares outstanding of 55,673,753 at June 2024; 55,720,251 at December 2023 and 56,109,508 at June 2023 0 0 0
Additional paid-in capital 297,518 273,197 258,349
Retained earnings 164,569 166,567 124,995
Accumulated other comprehensive loss (94,936) (67,851) (60,093)
Total equity 367,151 371,913 323,251
TOTAL LIABILITIES AND EQUITY $ 1,612,439 $ 1,645,439 $ 1,608,317