Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 28, 2023
Dec. 29, 2022
Current assets:    
Cash and cash equivalents $ 61,628 $ 9,794
Income taxes receivable 16,157 7,325
Receivables, net 97,733 94,732
Inventories, net 1,105,450 1,292,336
Prepaid expenses and other current assets 55,134 53,298
Total current assets 1,336,102 1,457,485
Fixed assets, net 1,562,616 1,258,056
Right-of-use assets 1,306,475 1,205,636
Intangible assets, net 154,786 152,353
Goodwill 257,940 255,473
Deferred income tax assets, net 12,446 11,265
Other assets 7,717 10,974
Total long-term assets 3,301,980 2,893,757
Total assets 4,638,082 4,351,242
Current liabilities:    
Current portion of term loan 2,103 2,103
Current portion of lease liabilities 125,348 105,693
Trade accounts payable 706,325 590,883
Accrued expenses and other current liabilities 327,224 298,019
Deferred revenue 13,383 10,060
Total current liabilities 1,174,383 1,006,758
Term loan 195,042 195,351
Revolving line of credit 0 210,200
Lease liabilities 1,325,226 1,227,507
Deferred income tax liabilities, net 46,917 41,520
Other liabilities 11,038 12,730
Total long-term liabilities 1,578,223 1,687,308
Total liabilities 2,752,606 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 September 28, 2023 and December 29, 2022 0 0
Additional paid-in capital 503,594 482,312
Accumulated other comprehensive income, net 2,455 4,337
Retained earnings 1,379,320 1,170,421
Total stockholders’ equity 1,885,476 1,657,176
Total liabilities and stockholders’ equity 4,638,082 4,351,242
Class A Common Stock    
Capital stock:    
Common stock 107 106
Class B Common Stock    
Capital stock:    
Common stock 0 0
Class C Common Stock    
Capital stock:    
Common stock $ 0 $ 0