CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Jan. 02, 2016
Current Assets:
Cash and cash equivalents	$ 478,536	$ 297,851
Accounts receivable - trade, net	77,487	96,850
Inventories, net	167,461	191,879
Deferred income taxes		1,855
Other current assets	34,024	32,390
Total current assets	757,508	620,825
Property and Equipment, Net	167,192	173,963
Goodwill	50,045	48,730
Intangibles, Net	86,703	86,288
Deferred Income Taxes	2,322	1,241
Other Assets	46,549	44,550
Total Assets	1,110,319	975,597
Current Liabilities:
Short-term borrowings	3,664	3,625
Accounts payable	93,144	109,327
Accrued expenses	125,434	151,680
Income taxes payable	2,207	1,655
Total current liabilities	224,449	266,287
Long-Term Debt	389,742	393,168
Other Non-Current Liabilities	48,685	52,021
Deferred Income Taxes	17,512	18,900
Commitments and Contingencies (Note 9)
Stockholders' Equity:
Preferred stock, $0.01 par value, authorized shares - 50,000,000, issued shares - none
Common stock, $1.00 par value, authorized shares - 250,000,000, issued shares - 176,437,234	176,437	176,437
Capital in excess of par value	251,816	224,677
Retained earnings	1,306,096	1,155,838
Accumulated other comprehensive loss	(28,160)	(30,041)
Total stockholders' equity, excluding treasury stock	1,706,189	1,526,911
Common stock in treasury, at cost — 48,261,217 and 48,544,175 shares	(1,276,258)	(1,281,690)
Total stockholders’ equity	429,931	245,221
Total Liabilities and Stockholders’ Equity	$ 1,110,319	$ 975,597