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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Current assets:      
Cash and cash equivalents $ 221,359 $ 59,421 $ 39,237
Accounts receivable, net 64,423 83,157 93,445
Inventories, net 580,037 633,360 676,731
Prepaid expenses and other current assets 52,641 42,106 239,865
Income tax receivable 2,668 14,464 1,499
Total current assets 921,128 832,508 1,050,777
Property, plant and equipment, net 229,607 255,270 240,480
Operating lease asset 621,783 707,047 716,572
Goodwill 101,613 100,357 664,269
Trade names 94,680 94,680 383,749
Other intangible assets, net 11,829 13,304 20,916
Other assets, net 20,377 16,831 26,931
Total assets 2,001,017 2,019,997 3,103,694
Current liabilities:      
Loans and notes payable 10,522 360,745 231,911
Debtor-in-possession facility 150,000 0 0
Accounts payable 71,944 157,474 275,316
Accrued expenses 178,952 181,466 181,671
Current portion of operating lease liability 1,591 119,605 116,816
Income taxes payable 801 426 9,656
Current portion of long-term obligations 291,166 1,331,003 920
Total current liabilities 704,976 2,150,719 816,290
Long-term obligations, excluding current portion 0 11,134 1,347,322
Long-term portion of operating lease liability 21,366 685,120 677,016
Deferred income tax liabilities, net 8,148 9,128 21,138
Other long-term liabilities 2 21,723 21,952
Total long term liabilities 29,516 727,105 2,067,428
Liabilities subject to compromise 2,305,414 0 0
Total liabilities 3,039,906 2,877,824 2,883,718
Commitments and contingencies
Stockholders' (deficit) equity:      
Common stock (Par value $0.01; 113,742,106, 113,509,223 and 112,990,705 shares outstanding and 127,891,862, 126,787,094 and 125,498,610 shares issued at June 30, 2023, December 31, 2022, and June 30, 2022, respectively) 1,385 1,385 1,384
Additional paid-in capital 990,822 988,463 986,307
Accumulated deficit (1,699,752) (1,514,615) (436,701)
Accumulated other comprehensive income 3,759 1,855 3,124
Total stockholders' (deficit) equity before common stock held in treasury (703,786) (522,912) 554,114
Less: Common stock held in treasury, at cost (14,149,756, 13,277,871 and 12,507,905 shares at June 30, 2023, December 31, 2022, and June 30, 2022, respectively) (335,103) (334,915) (334,138)
Total stockholders' (deficit) equity (1,038,889) (857,827) 219,976
Total stockholders’ equity (1,038,889) (857,827) 219,976
Total liabilities and stockholders' (deficit) equity $ 2,001,017 $ 2,019,997 $ 3,103,694