v3.25.2
CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 28, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 134,109 $ 150,337
Restricted cash 740 710
Accounts receivable, net (Note 3) 447,593 388,415
Inventories (Note 4) 466,600 460,107
Other current assets 73,560 73,413
Assets held for sale (Note 17) 0 126,912
Total current assets 1,122,602 1,199,894
Property and equipment, net (Note 5) 724,513 681,439
Deferred tax assets 157,132 143,284
Goodwill (Note 6) 196,562 315,167
Intangible assets, net (Note 7) 100,479 101,987
Operating lease assets, net 182,442 126,256
Other assets 59,214 52,142
Total assets 2,542,944 2,620,169
Current liabilities    
Accounts payable 286,828 264,947
Accrued payroll and benefits 101,080 89,600
Accrued expenses and other current liabilities (Note 8) 221,824 224,209
Current maturities of long-term debt (Note 10) 23,275 30,927
Liabilities held for sale (Note 17) 0 15,308
Total current liabilities 633,007 624,991
Long-term debt (Note 10) 1,155,353 1,152,449
Unfunded pension liability 26,174 21,615
Operating lease liability 162,551 105,499
Deferred credits and other liabilities 82,254 89,854
Deferred tax liabilities 6,483 5,699
Total liabilities 2,065,822 2,000,107
Commitments and contingencies (Note 21)
Shareholders’ equity    
Preferred Stock, par value $0.01 per share, 90,000,000 shares authorized; no shares issued and outstanding 0 0
Common Stock: 900,000,000 shares authorized, par value $0.01 per share, 85,338,335 and 84,653,408 shares issued and outstanding, respectively 853 846
Additional paid-in capital 776,007 769,064
Accumulated deficit (232,016) (20,353)
Accumulated other comprehensive loss (67,722) (129,495)
Total shareholders’ equity 477,122 620,062
Total liabilities and shareholders’ equity $ 2,542,944 $ 2,620,169