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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 27, 2020
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 1,354,924 $ 1,027,567
Marketable securities 380,880 376,463
Accounts receivable, net 523,901 706,763
Inventories 813,243 752,908
Deferred costs 22,033 25,105
Prepaid expenses and other current assets 163,458 169,044
Total current assets 3,258,439 3,057,850
Property and equipment, net 791,175 728,921
Operating lease right-of-use assets 76,214 63,589
Restricted cash 283 71
Marketable securities 993,021 1,205,475
Deferred income taxes 254,202 268,518
Noncurrent deferred costs 18,748 23,493
Intangible assets, net 656,898 659,629
Other assets 171,062 159,253
Total assets 6,220,042 6,166,799
Current liabilities:    
Accounts payable 193,216 240,831
Salaries and benefits payable 123,404 128,426
Accrued warranty costs 39,293 39,758
Accrued sales program costs 66,696 112,578
Deferred revenue 87,727 94,562
Accrued royalty costs 10,833 15,401
Accrued advertising expense 23,302 35,142
Other accrued expenses 98,097 95,060
Income taxes payable 54,894 56,913
Dividend payable 466,465 217,262
Total current liabilities 1,163,927 1,035,933
Deferred income taxes 103,583 114,754
Noncurrent income taxes 92,120 105,771
Noncurrent deferred revenue 54,860 67,329
Noncurrent operating lease liabilities 60,000 49,238
Other liabilities 4,691 278
Stockholders’ equity:    
Shares, CHF 0.10 par value, 198,077 shares authorized and issued; 191,223 shares outstanding at June 27, 2020 and 190,686 shares outstanding at December 28, 2019 17,979 17,979
Additional paid-in capital 1,851,695 1,835,622
Treasury stock (326,310) (345,040)
Retained earnings 3,107,768 3,229,061
Accumulated other comprehensive income 89,729 55,874
Total stockholders’ equity 4,740,861 4,793,496
Total liabilities and stockholders’ equity $ 6,220,042 $ 6,166,799