Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 29, 2017
Dec. 29, 2016
Current assets:    
Cash and cash equivalents $ 386 $ 451
Income taxes receivable 2,081 0
Receivables, net 38,500 34,533
Inventories, net 367,473 293,702
Prepaid expenses and other current assets 7,648 7,529
Total current assets 416,088 336,215
Fixed assets, net 183,649 150,471
Intangible assets, net 109,378 109,394
Goodwill 227,447 227,447
Other assets 7,658 7,639
Total long-term assets 528,132 494,951
Total assets 944,220 831,166
Current liabilities:    
Current portion of term loans 3,500 3,500
Trade accounts payable 243,584 158,466
Accrued expenses 53,828 61,505
Income taxes payable 0 5,787
Deferred revenue 21,519 14,456
Total current liabilities 322,431 243,714
Term loans 146,525 337,243
Revolving line of credit 31,800 50,000
Deferred rent 22,605 16,750
Deferred income tax liabilities, net 35,385 28,265
Tenant improvement allowances 23,682 20,319
Other liabilities 648 592
Total long-term liabilities 260,645 453,169
Total liabilities 583,076 696,883
Commitments and contingencies
Capital stock:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding at March 30, 2017 and December 29, 2016 0 0
Additional paid-in capital 313,323 117,270
Accumulated other comprehensive income (loss), net (590) 176
Retained earnings 48,318 16,754
Total stockholders’ equity 361,144 134,283
Total liabilities and stockholders’ equity 944,220 831,166
Class A Common Stock    
Capital stock:    
Common Stock 87 77
Class B Common Stock    
Capital stock:    
Common Stock 0 0
Class C Common Stock    
Capital stock:    
Common Stock $ 6 $ 6