Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Balance Sheets

v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Current assets    
Cash and cash equivalents $ 108,442 $ 334,066
Accounts receivable, net 276,424 243,660
Inventories 566,682 390,209
Prepaid expenses and other current assets 129,568 96,346
Total current assets 1,081,116 1,064,281
Property, plant and equipment, net 130,728 103,300
Operating lease assets 141,579 47,171
Intangible assets, net 450,417 11,232
Goodwill 531,137 208,787
Deferred income tax assets 74,515 76,065
Other assets 173,180 139,703
TOTAL ASSETS 2,582,672 1,650,539
Current liabilities    
Current portion of long-term debt 8,750 0
Accounts payable 245,114 179,680
Accrued and other current liabilities 306,100 193,335
Operating lease liabilities, current 33,663 20,890
Total current liabilities 593,627 393,905
Operating lease liabilities, noncurrent 116,877 29,955
Deferred income tax liabilities 93,160 5,722
Other liabilities 79,562 80,587
Long-term debt 1,134,579 740,315
Total liabilities 2,017,805 1,250,484
Commitments and contingencies
Equity    
Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at December 2025 and 2024 0 0
Common Stock, no par value; shares authorized, 600,000,000; outstanding shares of 55,239,594 at December 2025 and 55,310,671 at December 2024 0 0
Additional paid-in capital 358,130 316,746
Retained earnings 274,280 199,959
Accumulated other comprehensive loss (67,543) (116,650)
Total equity 564,867 400,055
TOTAL LIABILITIES AND EQUITY $ 2,582,672 $ 1,650,539