Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Jan. 01, 2023
Current assets
Cash and cash equivalents	$ 110,498	$ 97,564
Accounts receivable, net	163,386	182,807
Inventories, net	279,079	306,327
Prepaid expenses and other current assets	30,895	30,339
Total current assets	583,858	617,037
Property, plant and equipment, net	291,140	297,976
Operating lease right-of-use assets	87,519	81,644
Deferred tax asset	21,721	17,767
Goodwill	105,448	102,417
Intangible assets, net	56,255	59,778
Other assets	84,154	89,884
Total assets	1,230,095	1,266,503
Current liabilities
Accounts payable	62,912	78,264
Accrued expenses	130,890	120,138
Current portion of operating lease liabilities	12,347	11,857
Current portion of long-term debt	8,572	10,211
Total current liabilities	214,721	220,470
Long-term debt	408,641	510,003
Operating lease liabilities	78,269	72,305
Deferred income taxes	33,832	38,662
Other long-term liabilities	68,685	63,526
Total liabilities	804,148	904,966
Commitments and contingencies (Note 18)
Shareholders’ equity
Preferred stock, par value $1.00 per share; 5,000 shares authorized; none issued or outstanding at December 31, 2023 and January 1, 2023	0	0
Common stock, par value $0.10 per share; 120,000 shares authorized; 58,112 and 58,106 shares issued and outstanding at December 31, 2023 and January 1, 2023, respectively	5,811	5,811
Additional paid-in capital	252,909	244,159
Retained earnings	320,833	278,639
Accumulated other comprehensive loss – foreign currency translation	(119,590)	(138,775)
Accumulated other comprehensive loss – cash flow hedge	0	(749)
Accumulated other comprehensive loss – pension liability	(34,016)	(27,548)
Total shareholders’ equity	425,947	361,537
Total liabilities and shareholders’ equity	$ 1,230,095	$ 1,266,503