Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 01, 2022
Jan. 02, 2021
Current assets    
Cash and cash equivalents $ 185,322 $ 248,138
Accounts receivable, net 289,800 231,397
Inventories 362,957 340,732
Prepaid expenses and other current assets 72,579 81,413
Total current assets 910,658 901,680
Property, plant and equipment, net 105,155 118,897
Operating lease assets 54,950 60,443
Intangible assets, net 14,638 15,991
Goodwill 212,213 213,392
Deferred income tax assets 74,876 85,221
Other assets 160,534 150,192
TOTAL ASSETS 1,533,024 1,545,816
Current liabilities    
Short-term borrowings 249 1,114
Current portion of long-term debt 0 25,000
Accounts payable 214,204 167,240
Accrued liabilities 217,164 192,952
Operating lease liabilities, current 24,195 27,329
Total current liabilities 455,812 413,635
Operating lease liabilities, noncurrent 32,993 39,806
Deferred income tax liabilities 5,572 4,436
Other liabilities 99,192 115,341
Long-term debt 791,317 887,957
Commitments and contingencies
Total liabilities 1,384,886 1,461,175
Equity    
Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at December 2021 and 2020 0 0
Common Stock, no par value; shares authorized, 600,000,000; outstanding shares of 56,381,466 at December 2021 and 57,254,611 at December 2020 0 0
Additional paid-in capital 218,259 172,297
Retained earnings 22,635 7,151
Accumulated other comprehensive loss (92,756) (94,807)
Total equity 148,138 84,641
TOTAL LIABILITIES AND EQUITY $ 1,533,024 $ 1,545,816