Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 19,973 $ 28,234
Accounts receivable, net of allowances of $1,891 ($846 - 2018) 88,374 110,799
Inventories, net 323,496 320,281
Other current assets 8,828 18,727
Total current assets 440,671 478,041
Property and equipment, net of accumulated depreciation of $179,791 ($131,169 - 2018) 205,160 208,279
Goodwill 819,077 803,847
Other intangibles, net of accumulated amortization of $232,060 ($176,677 - 2018) 882,430 930,525
Operating lease right of use assets 81,613  
Deferred tax asset 702 0
Other assets 11,557 10,778
Total assets 2,441,210 2,431,470
Current liabilities:    
Accounts payable 125,042 135,059
Current portion of debt and capital lease obligations 11,358 10,985
Current portion of operating lease liabilities 11,459  
Accrued expenses:    
Salaries and wages 12,937 9,881
Pricing allowances 6,553 5,404
Income and other taxes 5,248 3,325
Interest 14,726 15,423
Other accrued expenses 21,545 17,941
Total current liabilities 208,868 198,018
Long-term debt 1,584,289 1,586,084
Deferred income taxes, net 196,437 200,696
Operating lease liabilities 73,227  
Other non-current liabilities 33,287 7,565
Total liabilities 2,096,108 1,992,363
Commitments and Contingencies (Note 15) 0 0
Stockholder's Equity:    
Preferred stock, $.01 par, 5,000 shares authorized, none issued and outstanding at December 28, 2019 and December 29, 2018 0 0
Common stock, $.01 par, 5,000 shares authorized, issued and outstanding at December 28, 2019 and December 29, 2018 0 0
Additional paid-in capital 553,359 549,528
Accumulated deficit (176,217) (72,831)
Accumulated other comprehensive loss (32,040) (37,590)
Total stockholder's equity 345,102 439,107
Total liabilities and stockholder's equity $ 2,441,210 $ 2,431,470