Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 01, 2023
Dec. 31, 2022
Apr. 02, 2022
Current assets      
Cash and cash equivalents $ 52,677 $ 59,179 $ 193,630
Accounts receivable, net 224,024 225,858 276,037
Inventories 660,089 596,836 432,891
Prepaid expenses and other current assets 102,757 100,396 82,495
Total current assets 1,039,547 982,269 985,053
Property, plant and equipment, net 104,999 104,465 101,380
Operating lease assets 55,116 51,029 47,759
Intangible assets, net 13,173 13,361 14,248
Goodwill 209,904 209,627 211,504
Other assets 220,831 221,510 229,110
TOTAL ASSETS 1,643,570 1,582,261 1,589,054
Current liabilities      
Short-term borrowings 7,255 7,280 239
Current portion of long-term debt 12,500 10,000 2,500
Accounts payable 163,871 206,262 266,974
Accrued liabilities 197,203 196,989 198,777
Operating lease liabilities, current 21,241 19,898 22,563
Total current liabilities 402,070 440,429 491,053
Operating lease liabilities, noncurrent 32,472 31,506 26,511
Other liabilities 81,796 76,950 98,257
Long-term debt 827,944 782,619 789,143
Commitments and contingencies
Total liabilities 1,344,282 1,331,504 1,404,964
Equity      
Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at March 2023, December 2022 and March 2022 0 0 0
Common Stock, no par value; shares authorized, 600,000,000; shares outstanding of 55,933,661 at March 2023; 55,516,872 at December 2022 and 56,276,243 at March 2022 0 0 0
Additional paid-in capital 251,108 243,696 224,721
Retained earnings 116,185 86,726 43,066
Accumulated other comprehensive loss (68,005) (79,665) (83,697)
Total equity 299,288 250,757 184,090
TOTAL LIABILITIES AND EQUITY $ 1,643,570 $ 1,582,261 $ 1,589,054