v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 27, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 57,218 $ 136,103
Restricted cash 1,622 2,145
Accounts receivable, net (Note 3) 439,488 361,192
Inventories (Note 4) 440,884 444,102
Other current assets 72,373 73,202
Total current assets 1,011,585 1,016,744
Property and equipment, net (Note 5) 715,430 728,445
Deferred tax assets 15,071 16,289
Intangible assets, net (Note 7) 85,009 96,330
Operating lease assets, net 174,532 179,378
Other assets 66,726 65,628
Total assets 2,068,353 2,102,814
Current liabilities    
Accounts payable 248,006 237,280
Accrued payroll and benefits 103,098 93,827
Accrued expenses and other current liabilities (Note 8) 214,212 223,147
Current maturities of long-term debt (Note 10) 18,704 23,690
Total current liabilities 584,020 577,944
Long-term debt (Note 10) 1,225,730 1,149,614
Unfunded pension liability 22,412 24,357
Operating lease liability 151,284 158,565
Deferred credits and other liabilities 92,874 85,424
Deferred tax liabilities 15,902 14,694
Total liabilities 2,092,222 2,010,598
Commitments and contingencies (Note 20)
Shareholders’ (deficit) 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, 86,610,380 and 85,489,683 shares issued and outstanding, respectively 865 854
Additional paid-in capital 788,916 783,315
Accumulated deficit (749,946) (641,562)
Accumulated other comprehensive loss (63,704) (50,391)
Total shareholders’ (deficit) equity (23,869) 92,216
Total liabilities and shareholders’ (deficit) equity $ 2,068,353 $ 2,102,814