CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands |
Dec. 25, 2021 |
Mar. 27, 2021 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 114,714
|
$ 73,148
|
| Accounts receivable, net |
7,891
|
12,771
|
| Inventories |
385,642
|
275,760
|
| Prepaid expenses and other current assets |
54,258
|
12,777
|
| Total current assets |
562,505
|
374,456
|
| Property and equipment, net |
136,716
|
110,444
|
| Right-of-use assets, net |
226,898
|
186,827
|
| Goodwill |
197,502
|
197,502
|
| Intangible assets, net |
60,831
|
60,885
|
| Other assets |
3,525
|
3,467
|
| Total assets |
1,187,977
|
933,581
|
| Current liabilities: |
|
|
| Accounts payable |
189,229
|
104,641
|
| Accrued expenses and other current liabilities |
157,401
|
77,615
|
| Short-term lease liabilities |
41,741
|
39,400
|
| Total current liabilities |
388,371
|
221,656
|
| Deferred taxes |
22,682
|
21,993
|
| Long-term portion of notes payable, net |
|
109,781
|
| Long-term lease liabilities |
218,915
|
181,836
|
| Other liabilities |
4,730
|
3,424
|
| Total liabilities |
634,698
|
538,690
|
| Commitments and contingencies (Note 6) |
|
|
| Stockholders' equity: |
|
|
| Common stock, $0.0001 par value; December 25, 2021 - 100,000 shares authorized, 29,803 shares issued; March 27, 2021 - 100,000 shares authorized, 29,348 shares issued |
3
|
3
|
| Preferred stock, $0.0001 par value; 10,000 shares authorized, no shares issued or outstanding |
|
|
| Additional paid-in capital |
197,176
|
183,815
|
| Retained earnings |
360,764
|
213,027
|
| Less: Common stock held in treasury, at cost, 133 and 96 shares at December 25, 2021 and March 27, 2021, respectively |
(4,664)
|
(1,954)
|
| Total stockholders' equity |
553,279
|
394,891
|
| Total liabilities and stockholders' equity |
$ 1,187,977
|
$ 933,581
|