Basis of Presentation (Tables)

9 Months Ended

Sep. 28, 2019

ASU 2014-09 [Member]

Schedule of Revision of Prior Period Financial Statements

Previously issued comparative financial statements, which were revised to correct the error noted above, are presented as “As Revised” in the tables presented in the following footnotes.

	December 29, 2018
(in thousands)	As Previously Reported		Adjustment		As Revised
Revised Consolidated Balance Sheet Amounts:
Assets
Accounts receivable, net	$	310,114	$	90,549	$	400,663
Total current assets	$	629,728	$	90,549	$	720,277
Total assets	$	887,557	$	90,549	$	978,106
Liabilities and shareholders' equity
Accrued customer rebates and returns	$	6,339	$	90,549	$	96,888
Total current liabilities	$	141,590	$	90,549	$	232,139
Total liabilities and shareholders' equity	$	887,557	$	90,549	$	978,106

	Thirty-Nine Weeks Ended September 29, 2018
(in thousands)	As Previously Reported			Adjustment			As Revised
Revised Consolidated Statement of Cash Flows from Operating Activities Amounts:
Accounts receivable	$	(56,484	)	$	(3,322	)	$	(59,806	)
Accrued compensation and other liabilities	$	110		$	3,322		$	3,432
Net cash used in operating activities	$	65,213		$	—		$	65,213

The cumulative effect of the changes to the consolidated balance sheet from the adoption was as follows:

(in thousands)	As of December 30, 2017		Effect of Adoption		As of December 31, 2017
Accounts receivable, net	$	241,880	$	95,537	$	337,417
Accrued customer rebates and returns	$	6,522	$	95,537	$	102,059

The effect of the above corrections on the consolidated statement of cash flows for the fiscal year ended December 29, 2018 is as follows:

	Fiscal Year Ended December 29, 2018
(in thousands)	As Previously Reported			Adjustment			As Revised
Revised Consolidated Statement of Cash Flows from Operating Activities Amounts:
Accounts receivable	$	(66,403	)	$	4,990		$	(61,413	)
Accrued compensation and other liabilities	$	4,318		$	(4,990	)	$	(672	)
Net cash used in operating activities	$	78,112		$	—		$	78,112