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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 02, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 117,882 $ 131,570
Accounts receivable, net of allowance for credit losses 93,380 79,859
Inventories, net 77,478 67,594
Prepaid expenses and other current assets 25,720 22,328
Total current assets 314,460 301,351
Property and equipment, less accumulated depreciation of $114,067 at July 2, 2022 and $109,905 at January 1, 2022 42,741 38,094
Operating lease right-of-use assets 20,407 23,818
Intangible assets, net 27,218 29,782
Goodwill 315,358 315,358
Other long-term assets 16,944 18,091
Total assets 737,128 726,494
Current liabilities:    
Accounts payable 39,336 34,597
Accrued expenses 29,082 26,444
Accrued payroll obligations 20,798 27,967
Current portion of long-term debt 17,192 17,173
Total current liabilities 106,408 106,181
Long-term debt, net of current portion 132,159 140,760
Long-term operating lease liabilities, net of current portion 15,917 19,248
Other long-term liabilities 46,723 48,672
Total liabilities 301,207 314,861
Contingencies (Note 12)
Stockholders' equity:    
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $.01 par value, 300,000,000 shares authorized; 137,263,000 shares issued and outstanding as of July 2, 2022 and 137,239,000 shares issued and outstanding as of January 1, 2022 1,373 1,372
Additional paid-in capital 646,593 701,688
Accumulated deficit (209,366) (289,976)
Accumulated other comprehensive loss (2,679) (1,451)
Total stockholders' equity 435,921 411,633
Total liabilities and stockholders' equity $ 737,128 $ 726,494