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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 24, 2022
Dec. 25, 2021
Current assets:    
Cash and cash equivalents $ 35,435 $ 58,782
Accounts receivable, less allowance for doubtful accounts of $1,388 and $1,326 433,229 472,764
Inventories 677,898 531,988
Prepaids and other current assets 30,456 13,048
Total current assets 1,177,018 1,076,582
Property, plant and equipment, net 122,106 114,864
Operating lease right-of-use assets 92,440 59,029
Goodwill 195,725 197,332
Intangible assets, net 169,046 178,809
Other assets 44,873 46,503
Total assets 1,801,208 1,673,119
Current liabilities:    
Accounts payable 199,180 177,389
Accrued compensation 15,523 26,636
Accrued customer rebates and returns 199,779 188,080
Revolving credit facility 229,360 239,360
Other accrued liabilities 30,036 33,583
Total current liabilities 673,878 665,048
Long-term operating lease liabilities 83,983 52,443
Other long-term liabilities 5,159 4,916
Deferred tax liabilities, net 17,147 17,976
Commitments and contingencies (Note 8)
Shareholders’ equity:    
Common stock, $0.01 par value; 50,000,000 shares authorized; 31,419,392 and 31,607,509 shares issued and outstanding in 2022 and 2021, respectively 314 316
Additional paid-in capital 85,374 77,451
Retained earnings 939,208 856,409
Accumulated other comprehensive loss (3,855) (1,440)
Total shareholders’ equity 1,021,041 932,736
Total liabilities and shareholders' equity $ 1,801,208 $ 1,673,119