v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 26, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 167,005 $ 49,436
Accounts receivable, less allowance for doubtful accounts of $1,993 and $1,948 628,402 479,252
Inventories 787,358 959,019
Prepaids and other current assets 40,661 33,819
Total current assets 1,623,426 1,521,526
Property, Plant, and Equipment, after Accumulated Depreciation, Depletion, and Amortization 165,365 168,777
Operating lease right-of-use assets 99,938 112,805
Goodwill 387,334 387,334
Intangible assets, net 241,367 257,079
Other assets 41,414 45,557
Total assets 2,558,844 2,493,078
Current liabilities:    
Accounts payable 180,169 185,125
Accrued compensation 26,182 30,756
Accrued customer rebates and returns 182,560 197,398
Current portion of long-term debt 0 37,500
Other accrued liabilities 55,659 42,048
Total current liabilities 444,570 492,827
Long-term debt 440,717 402,413
Long-term operating lease liabilities 82,685 96,568
Deferred tax liabilities 4,215 3,977
Other long-term liabilities 21,709 20,218
Commitments and contingencies (Note 7)
Shareholders’ equity:    
Common stock, $0.01 par value; 50,000,000 shares authorized; 29,574,883 and 30,391,955 shares issued and outstanding in 2026 and 2025, respectively 296 304
Additional paid-in capital 148,857 137,109
Retained earnings 1,420,768 1,344,183
Accumulated other comprehensive loss (4,973) (4,521)
Total shareholders’ equity 1,564,948 1,477,075
Total liabilities and shareholders' equity $ 2,558,844 $ 2,493,078