Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 30, 2024
Sep. 30, 2023
Apr. 01, 2023
Current assets      
Cash and cash equivalents $ 8,436 $ 55,420 $ 8,701
Accounts and other receivables, net 32,693 29,396 37,988
Inventories 379,090 311,837 492,328
Prepaid expenses and other current assets 33,413 23,633 52,701
Total current assets 453,632 420,286 591,718
Property and equipment, net 89,820 90,285 80,612
Operating lease right-of-use assets 260,221 251,460 231,428
Goodwill and other intangibles, net 216,973 218,855 216,594
Deferred tax assets 34,297 7,598 0
Other assets 40,305 45,951 42,878
Total assets 1,095,248 1,034,435 1,163,230
Current liabilities      
Accounts payable 112,441 58,556 139,804
Accrued expenses and other current liabilities 79,989 90,598 82,900
Operating lease liabilities 61,571 62,794 61,587
Income taxes payable 0 5,782 0
Current portion of long-term debt 8,100 8,100 8,100
Total current liabilities 262,101 225,830 292,391
Deferred tax liabilities 0 0 676
Operating lease liabilities, noncurrent 193,818 193,222 173,531
Revolving Credit Facility 97,000 0 172,000
Long-term debt, net 770,157 773,276 776,542
Other long-term liabilities 3,144 3,469 3,055
Total liabilities 1,326,220 1,195,797 1,418,195
Commitments and contingencies
Stockholders’ deficit      
Common stock, $0.001 par value, 1,000,000,000 shares authorized and 184,742,767, 184,333,670, and 183,843,169 issued and outstanding as of March 30, 2024, September 30, 2023, and April 1, 2023, respectively. 185 184 184
Additional paid in capital 103,775 99,280 94,705
Retained deficit (334,932) (260,826) (349,854)
Total stockholders’ deficit (230,972) (161,362) (254,965)
Total liabilities and stockholders’ deficit $ 1,095,248 $ 1,034,435 $ 1,163,230