Balance Sheet

v3.24.3

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 29, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 52,606	$ 11,409
Trade and other receivables, net	255,369	163,838
Inventories	545,445	510,133
Prepaid expenses and other	59,539	49,251
Total current assets	912,959	734,631
Property, plant and equipment, net	369,342	353,625
Operating lease right-of-use assets	205,110	177,717
Goodwill	789,417	637,393
Intangible assets, net	838,941	651,153
Other non-current assets	7,184	7,929
TOTAL ASSETS	3,122,953	2,562,448
Current Liabilities:
Current maturities of long-term debt	11,250	7,500
Current operating lease liabilities	53,335	48,761
Accounts payable	189,274	140,524
Accrued liabilities	125,330	111,711
Total current liabilities	379,189	308,496
Long-term debt, less current maturities, net	1,377,727	1,018,356
Long-term operating lease liabilities	156,083	132,444
Deferred tax liabilities, net	68,012	46,724
Other long-term liabilities	12,461	11,091
TOTAL LIABILITIES	1,993,472	1,517,111
SHAREHOLDERS’ EQUITY
Preferred shares, no par value per share, 1,000,000 shares authorized, none issued and outstanding	0	0
Common stock, no par value per share, 40,000,000 shares authorized, 22,420,560 and 22,160,608 issued and outstanding as of September 29, 2024 and December 31, 2023, respectively	200,530	203,258
Accumulated other comprehensive loss	(985)	(999)
Retained earnings	929,936	843,078
TOTAL SHAREHOLDERS’ EQUITY	1,129,481	1,045,337
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 3,122,953	$ 2,562,448

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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