Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Oct. 01, 2022
Jan. 01, 2022
Current assets      
Cash and cash equivalents $ 2,691 $ 112,293 $ 53,341
Accounts and other receivables, net 46,375 45,295 39,353
Inventories 429,517 361,686 244,632
Prepaid expenses and other current assets 29,921 23,104 38,173
Total current assets 508,504 542,378 375,499
Property and equipment, net 75,049 78,087 65,883
Operating lease right-of-use assets 233,852 236,477 207,291
Goodwill and other intangibles, net 218,119 213,701 132,428
Deferred tax assets 0 1,268 2,327
Other assets 41,258 37,720 27,837
Total assets 1,076,782 1,109,631 811,265
Current liabilities      
Accounts payable and accrued expenses 182,763 266,972 188,824
Operating lease liabilities 63,251 60,373 56,873
Income taxes payable 480 12,511 411
Current portion of long-term debt 8,100 8,100 8,100
Total current liabilities 254,594 347,956 254,208
Deferred tax liabilities 676 0 0
Operating lease liabilities, noncurrent 174,954 179,835 153,834
Revolving Credit Facility 91,000 0 0
Long-term debt, net 778,133 779,726 784,527
Other long-term liabilities 3,060 65 0
Total liabilities 1,302,417 1,307,582 1,192,569
Commitments and contingencies
Stockholders’ deficit      
Common stock, $0.001 par value, 1,000,000,000 shares authorized and 183,564,172, 183,480,545, and 182,496,645 issued and outstanding as of December 31, 2022, October 1, 2022, and January 1, 2022, respectively. 184 183 182
Additional paid in capital 92,508 89,934 80,062
Retained deficit (318,327) (288,068) (461,548)
Total stockholders’ deficit (225,635) (197,951) (381,304)
Total liabilities and stockholders’ deficit $ 1,076,782 $ 1,109,631 $ 811,265