v3.25.2

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 28, 2025	Dec. 28, 2024
Current assets:
Cash and cash equivalents	$ 70,550	$ 149,967
Trade receivables, net	19,205	16,761
Inventories	42,850	34,288
Prepaid expenses and other current assets	38,054	24,634
Derivative assets – current	24	4,574
Total current assets	170,683	230,224
Property and equipment, net	309,082	270,123
Right-of-use lease assets	609,440	552,762
Goodwill	678,895	665,465
Intangible assets, net	155,758	159,330
Deferred tax assets, net	9,377	3,801
Other assets	5,886	3,790
Total assets	1,939,121	1,885,495
Current liabilities:
Accounts payable and accrued liabilities	90,783	83,039
Accrued payroll and related taxes	61,349	52,252
Lease liabilities – current	96,573	89,809
Current portion of long-term debt	0	6,000
Total current liabilities	248,705	231,100
Long-term debt, net	700,526	735,133
Lease liabilities – non-current	529,624	472,343
Other liabilities	36,792	25,239
Total liabilities	1,515,647	1,463,815
Commitments and contingencies (see Note 11)
Stockholders’ equity:
Preferred stock, $0.000001 par value, 100,000 shares authorized; zero shares issued and outstanding	0	0
Common stock, $0.000001 par value, 800,000 shares authorized; 155,397 and 159,164 shares issued and outstanding	0	0
Additional paid-in capital	680,808	657,906
Accumulated deficit	(271,968)	(250,451)
Accumulated other comprehensive income	14,634	14,225
Total stockholders’ equity	423,474	421,680
Total liabilities and stockholders’ equity	$ 1,939,121	$ 1,885,495

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Savers Value Village, Inc. 10-Q