Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2023
Dec. 29, 2022
Current assets:    
Cash and cash equivalents $ 5,034 $ 9,794
Income taxes receivable 0 7,325
Receivables, net 87,992 94,732
Inventories, net 1,181,147 1,292,336
Prepaid expenses and other current assets 54,300 53,298
Total current assets 1,328,473 1,457,485
Fixed assets, net 1,344,987 1,258,056
Right-of-use assets 1,231,509 1,205,636
Intangible assets, net 151,590 152,353
Goodwill 255,473 255,473
Deferred income tax assets, net 14,073 11,265
Other assets 9,088 10,974
Total long-term assets 3,006,720 2,893,757
Total assets 4,335,193 4,351,242
Current liabilities:    
Current portion of term loan 2,103 2,103
Current portion of lease liabilities 113,798 105,693
Trade accounts payable 572,475 590,883
Accrued expenses and other current liabilities 285,557 298,019
Income taxes payable 18,178 0
Deferred revenue 14,418 10,060
Total current liabilities 1,006,529 1,006,758
Term loan 195,248 195,351
Revolving line of credit 106,500 210,200
Lease liabilities 1,251,567 1,227,507
Deferred income tax liabilities, net 36,816 41,520
Other liabilities 10,116 12,730
Total long-term liabilities 1,600,247 1,687,308
Total liabilities 2,606,776 2,694,066
Commitments and contingencies (Note 5)
Capital stock:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at March 30, 2023 and December 29, 2022 0 0
Additional paid-in capital 482,878 482,312
Accumulated other comprehensive income, net 3,488 4,337
Retained earnings 1,241,945 1,170,421
Total stockholders’ equity 1,728,417 1,657,176
Total liabilities and stockholders’ equity 4,335,193 4,351,242
Class A Common Stock    
Capital stock:    
Common stock 106 106
Class B Common Stock    
Capital stock:    
Common stock 0 0
Class C Common Stock    
Capital stock:    
Common stock $ 0 $ 0