Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 29, 2024
Sep. 30, 2023
Jul. 01, 2023
Current assets      
Cash and cash equivalents $ 74,438 $ 55,420 $ 19,430
Accounts and other receivables, net 45,817 29,396 49,263
Inventories 302,209 311,837 436,557
Prepaid expenses and other current assets 34,545 23,633 31,454
Total current assets 457,009 420,286 536,704
Property and equipment, net 94,135 90,285 85,396
Operating lease right-of-use assets 282,556 251,460 250,378
Goodwill and other intangibles, net 216,041 218,855 219,835
Deferred tax assets 15,409 7,598 194
Other assets 40,038 45,951 44,918
Total assets 1,105,188 1,034,435 1,137,425
Current liabilities      
Accounts payable 108,935 58,556 147,436
Accrued expenses and other current liabilities 107,208 90,598 95,074
Operating lease liabilities 61,638 62,794 61,342
Income taxes payable 0 5,782 3,345
Current portion of long-term debt 8,100 8,100 8,100
Total current liabilities 285,881 225,830 315,297
Operating lease liabilities, noncurrent 216,756 193,222 193,004
Revolving Credit Facility 0 0 31,000
Long-term debt, net 768,598 773,276 774,884
Other long-term liabilities 2,110 3,469 3,050
Total liabilities 1,273,345 1,195,797 1,317,235
Commitments and contingencies
Stockholders’ deficit      
Common stock, $0.001 par value, 1,000,000,000 shares authorized and 184,912,804, 184,333,670, and 184,004,936 issued and outstanding as of June 29, 2024, September 30, 2023, and July 1, 2023, respectively. 185 184 184
Additional paid in capital 105,940 99,280 97,313
Retained deficit (274,282) (260,826) (277,307)
Total stockholders’ deficit (168,157) (161,362) (179,810)
Total liabilities and stockholders’ deficit $ 1,105,188 $ 1,034,435 $ 1,137,425