Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 28, 2019
Dec. 27, 2018
Current assets:    
Cash and cash equivalents $ 451 $ 644
Income taxes receivable 0 4,324
Receivables, net 66,101 67,527
Inventories, net 437,504 471,014
Prepaid expenses and other current assets 23,342 15,949
Total current assets 527,398 559,458
Fixed assets, net 338,888 328,366
Right of use assets 659,115 0
Intangible assets, net 109,322 109,330
Goodwill 227,447 227,447
Other assets 11,181 9,490
Total long-term assets 1,345,953 674,633
Total assets 1,873,351 1,234,091
Current liabilities:    
Current portion of term loans 3,500 3,500
Current portion of lease liability 73,615 0
Trade accounts payable 229,498 313,503
Accrued expenses and other current liabilities 76,390 82,038
Income taxes payable 8,765 0
Deferred revenue 6,581 5,244
Total current liabilities 398,349 404,285
Term loans 141,152 141,834
Revolving line of credit 2,100 0
Deferred rent 0 36,980
Lease liabilities 683,672 0
Deferred income tax liabilities, net 25,666 26,838
Tenant improvement allowances 0 37,295
Other liabilities 2,451 2,550
Total long-term liabilities 855,041 245,497
Total liabilities 1,253,390 649,782
Commitments and contingencies
Capital stock:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at March 28, 2019 and December 27, 2018 0 0
Additional paid-in capital 345,907 340,462
Accumulated other comprehensive income (loss), net (148) 186
Retained earnings 274,104 243,563
Total stockholders' equity 619,961 584,309
Total liabilities and stockholders' equity 1,873,351 1,234,091
Class A Common Stock    
Capital stock:    
Common stock 98 98
Class B Common Stock    
Capital stock:    
Common stock 0 0
Class C Common Stock    
Capital stock:    
Common stock $ 0 $ 0