v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 28, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 50,361 $ 136,103
Restricted cash 1,986 2,145
Accounts receivable, net (Note 3) 428,119 361,192
Inventories (Note 4) 446,191 444,102
Other current assets 69,044 73,202
Total current assets 995,701 1,016,744
Property and equipment, net (Note 5) 724,287 728,445
Deferred tax assets 15,954 16,289
Intangible assets, net (Note 7) 93,092 96,330
Operating lease assets, net 183,590 179,378
Other assets 64,644 65,628
Total assets 2,077,268 2,102,814
Current liabilities    
Accounts payable 267,503 237,280
Accrued payroll and benefits 86,791 93,827
Accrued expenses and other current liabilities (Note 8) 218,247 223,147
Current maturities of long-term debt (Note 10) 19,526 23,690
Total current liabilities 592,067 577,944
Long-term debt (Note 10) 1,189,436 1,149,614
Unfunded pension liability 24,048 24,357
Operating lease liability 160,907 158,565
Deferred credits and other liabilities 84,024 85,424
Deferred tax liabilities 14,605 14,694
Total liabilities 2,065,087 2,010,598
Commitments and contingencies (Note 20)
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, 86,120,743 and 85,489,683 shares issued and outstanding, respectively 860 854
Additional paid-in capital 786,672 783,315
Accumulated deficit (718,406) (641,562)
Accumulated other comprehensive loss (56,945) (50,391)
Total shareholders’ equity 12,181 92,216
Total liabilities and shareholders’ equity $ 2,077,268 $ 2,102,814