Quarterly report pursuant to Section 13 or 15(d)

Public Stock Offering

v3.19.1
Public Stock Offering
3 Months Ended
Mar. 30, 2019
Equity [Abstract]  
PUBLIC STOCK OFFERING

10. PUBLIC STOCK OFFERING

On February 6, 2018, the Company completed a public offering of its common stock, pursuant to which the Company sold 4,400,000 shares at a public offering price of $57.50 per share. The Company received net proceeds from the sale totaling $239,793, after deducting the underwriting discount and other offering expenses. The Company used the net proceeds for the repayment of debt under its credit facility and to partially fund the acquisition of Faster, which closed on April 5, 2018.