v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 40,568 $ 134,303
Restricted cash 36,000 1,259
Accounts receivable, net 56,072 49,865
Inventory 88,236 76,029
Other current assets 23,903 27,046
Total current assets 244,779 288,502
Property and equipment, net 10,959 15,835
Operating lease right-of-use assets 12,995 14,322
Deferred tax assets 10,403 9,817
Goodwill 182,449 167,288
Intangible assets, net 3,274 3,212
Other assets 15,461 17,161
Total assets 480,320 516,137
Current liabilities:    
Accounts payable 166,785 106,367
Accrued expenses 76,859 100,597
Deferred revenue and customer advances 9,773 11,280
Term loan 203,186 0
Total current liabilities 456,603 218,244
Term loan 0 200,604
Operating lease liabilities 19,069 21,598
Other long-term liabilities 12,340 14,452
Total long-term liabilities 31,409 236,654
Total liabilities 488,012 454,898
Commitments and contingencies (Note 12)
Preferred stock, 5,000 shares authorized and none outstanding 0 0
Common stock, $0.01 par value, 100,000 shares authorized; 31,308 and 30,629 shares issued and outstanding, respectively 313 306
Additional paid-in capital 359,460 333,188
Accumulated deficit (360,894) (250,813)
Accumulated other comprehensive loss (6,571) (21,442)
Total stockholders' (deficit) equity (7,692) 61,239
Total liabilities and stockholders' (deficit) equity $ 480,320 $ 516,137