Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 02, 2022
Jan. 01, 2022
Jul. 03, 2021
Current assets      
Cash and cash equivalents $ 145,296 $ 185,322 $ 175,628
Accounts receivable, net 185,157 289,800 215,297
Inventories 537,900 362,957 403,249
Prepaid expenses and other current assets 89,171 72,579 82,127
Total current assets 957,524 910,658 876,301
Property, plant and equipment, net 101,994 105,155 109,487
Operating lease assets 44,271 54,950 63,036
Intangible assets, net 13,740 14,638 15,325
Goodwill 210,164 212,213 212,654
Other assets 215,455 235,410 241,042
TOTAL ASSETS 1,543,148 1,533,024 1,517,845
Current liabilities      
Short-term borrowings 4,848 249 918
Current portion of long-term debt 5,000 0 8,750
Accounts payable 281,391 214,204 198,697
Accrued liabilities 153,527 217,164 187,240
Operating lease liabilities, current 20,254 24,195 26,034
Total current liabilities 465,020 455,812 421,639
Operating lease liabilities, noncurrent 25,132 32,993 41,325
Other liabilities 86,839 104,764 118,733
Long-term debt 786,968 791,317 782,262
Commitments and contingencies
Total liabilities 1,363,959 1,384,886 1,363,959
Equity      
Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at June 2022, December 2021 and June 2021 0 0 0
Common Stock, no par value; shares authorized, 600,000,000; shares outstanding of 55,382,208 at June 2022; 56,381,466 at December 2021 and 57,631,974 at June 2021 0 0 0
Additional paid-in capital 232,041 218,259 198,776
Retained earnings 39,105 22,635 44,079
Accumulated other comprehensive loss (91,957) (92,756) (88,969)
Total equity 179,189 148,138 153,886
TOTAL LIABILITIES AND EQUITY $ 1,543,148 $ 1,533,024 $ 1,517,845