v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 27, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 131,982 $ 49,436
Accounts receivable, less allowance for doubtful accounts of $2,029 and $1,948 554,110 479,252
Inventories 808,020 959,019
Prepaids and other current assets 59,144 33,819
Total current assets 1,553,256 1,521,526
Property, plant, and equipment, net 166,768 168,777
Operating lease right-of-use assets 104,782 112,805
Goodwill 387,334 387,334
Intangible assets, net 246,434 257,079
Other assets 41,589 45,557
Total assets 2,500,163 2,493,078
Current liabilities:    
Accounts payable 163,559 185,125
Accrued compensation 23,155 30,756
Accrued customer rebates and returns 185,538 197,398
Current portion of long-term debt 0 37,500
Other accrued liabilities 59,503 42,048
Total current liabilities 431,755 492,827
Long-term debt 440,479 402,413
Long-term operating lease liabilities 87,774 96,568
Deferred tax liabilities 3,794 3,977
Other long-term liabilities 21,321 20,218
Commitments and contingencies (Note 7)
Shareholders’ equity:    
Common stock, $0.01 par value; 50,000,000 shares authorized; 29,665,940 and 30,391,955 shares issued and outstanding in 2026 and 2025, respectively 297 304
Additional paid-in capital 139,439 137,109
Retained earnings 1,380,443 1,344,183
Accumulated other comprehensive loss (5,139) (4,521)
Total shareholders’ equity 1,515,040 1,477,075
Total liabilities and shareholders' equity $ 2,500,163 $ 2,493,078