v3.25.2

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 28, 2025	Dec. 28, 2024
Current assets:
Cash and cash equivalents	$ 34,188	$ 44,510
Accounts Receivable, after Allowance for Credit Loss, Current	141,178	109,788
Inventories, net	427,633	403,673
Other current assets	20,545	15,213
Total current assets	623,544	573,184
Property and equipment, net of accumulated depreciation of $406,602 ($376,150 - 2024)	234,852	224,174
Goodwill	830,535	828,553
Other intangibles, net of accumulated amortization of $562,043 ($530,398 - 2024)	576,459	605,859
Operating lease right of use assets	74,088	81,708
Other assets	17,152	17,025
Total assets	2,356,630	2,330,503
Current liabilities:
Accounts payable	169,483	139,057
Current portion of debt and finance lease liabilities	13,912	12,975
Current portion of operating lease liabilities	17,426	16,850
Accrued expenses:
Salaries and wages	24,452	34,977
Pricing allowances	6,374	7,651
Income and other taxes	10,536	10,377
Other accrued expenses	31,068	31,843
Total current liabilities	273,251	253,730
Long-term debt	683,082	691,726
Deferred tax liabilities	123,064	124,611
Operating lease liabilities	63,057	71,474
Other non-current liabilities	7,238	6,591
Total liabilities	1,149,692	1,148,132
Commitments and contingencies (Note 6)
Stockholders' equity:
Common Stock, Value, Issued	20	20
Additional paid-in capital	1,448,553	1,442,958
Accumulated deficit	(203,436)	(218,951)
Accumulated other comprehensive loss	(38,199)	(41,656)
Total stockholders' equity	1,206,938	1,182,371
Total liabilities and stockholders' equity	$ 2,356,630	$ 2,330,503

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Hillman Solutions Corp. 10-Q