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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 01, 2023
Apr. 02, 2022
Current assets:    
Cash and cash equivalents $ 284,466 $ 259,496
Accounts receivable, less allowance for credit losses of $4,932 at April 1, 2023 and $2,475 at April 2, 2022 179,142 159,376
Inventories, net 259,379 293,027
Prepaid expenses and other current assets 46,735 44,132
Total current assets 769,722 756,031
Property, plant and equipment, net 310,885 258,482
Intangible assets, less accumulated amortization of $417,422 at April 1, 2023 and $376,552 at April 2, 2022 275,771 310,261
Goodwill 466,231 467,287
Deferred tax asset 5,241 4,468
Other long-term assets 106,975 63,205
Total assets 1,934,825 1,859,734
Current liabilities:    
Notes payable and current maturities of long-term debt 11,784 214,148
Accounts payable 63,929 58,371
Accrued payroll and related costs 64,475 48,540
Other current liabilities 111,628 121,207
Total current liabilities 251,816 442,266
Long-term debt, net of current maturities 754,102 559,441
Deferred tax liability 36,195 28,727
Other long-term liabilities 74,715 79,876
Stockholders’ equity:    
Common stock, $0.01 par value; Authorized — 150,000,000 shares; Issued and outstanding — 50,448,519 shares at April 1, 2023 and 51,124,240 shares at April 2, 2022 504 511
Additional paid-in capital 594,706 572,476
Retained earnings 253,168 202,391
Accumulated other comprehensive loss (30,381) (25,954)
Total stockholders’ equity 817,997 749,424
Total liabilities and stockholders’ equity $ 1,934,825 $ 1,859,734