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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 25, 2022
Dec. 25, 2021
Current assets:    
Cash and cash equivalents $ 51,966 $ 58,782
Accounts receivable, less allowance for doubtful accounts of $1,373 and $1,326 417,354 472,764
Inventories 634,774 531,988
Prepaids and other current assets 26,965 13,048
Total current assets 1,131,059 1,076,582
Property, plant and equipment, net 117,930 114,864
Operating lease right-of-use assets 96,580 59,029
Goodwill 197,165 197,332
Intangible assets, net 172,658 178,809
Other assets 45,775 46,503
Total assets 1,761,167 1,673,119
Current liabilities:    
Accounts payable 203,456 177,389
Accrued compensation 14,391 26,636
Accrued customer rebates and returns 185,163 188,080
Revolving credit facility 229,360 239,360
Other accrued liabilities 27,965 33,583
Total current liabilities 660,335 665,048
Long-term operating lease liabilities 87,459 52,443
Other long-term liabilities 5,117 4,916
Deferred tax liabilities, net 17,299 17,976
Commitments and contingencies (Note 8)
Shareholders’ equity:    
Common stock, $0.01 par value; 50,000,000 shares authorized; 31,425,224 and 31,607,509 shares issued and outstanding in 2022 and 2021, respectively 314 316
Additional paid-in capital 82,192 77,451
Retained earnings 910,194 856,409
Accumulated other comprehensive loss (1,743) (1,440)
Total shareholders’ equity 990,957 932,736
Total liabilities and shareholders' equity $ 1,761,167 $ 1,673,119