CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jul. 02, 2022	Jan. 01, 2022
Current assets:
Cash and cash equivalents	$ 809,122	$ 478,473
Short-term investments	20	28
Trade receivables, less allowances of $68,933 and $59,232 at July 2, 2022 and January 1, 2022, respectively	343,321	275,192
Inventories	496,207	445,671
Prepaid income taxes and income taxes receivable	4,861	2,035
Prepaid expenses and other current assets	65,294	68,812
Total current assets	1,718,825	1,270,211
Net property, plant, and equipment	435,683	437,889
Intangible assets, net of amortization	374,593	407,126
Goodwill	914,358	929,790
Investments	25,626	39,211
Deferred income taxes	12,476	13,127
Right of use lease assets, net	39,724	29,616
Other long-term assets	23,184	24,734
Total assets	3,544,469	3,151,704
Current liabilities:
Accounts payable	219,764	222,039
Accrued liabilities	137,377	159,689
Accrued income taxes	34,128	27,905
Current portion of long-term debt	7,500	25,000
Total current liabilities	398,769	434,633
Long-term debt, less current portion	884,569	611,897
Deferred income taxes	74,286	81,289
Accrued post-retirement benefits	35,090	37,037
Non-current operating lease liabilities	32,334	22,305
Other long-term liabilities	67,478	71,023
Shareholders’ equity:
Common stock, par value $0.01 per share: 34,000,000 shares authorized; shares issued, July 2, 2022–26,440,042; January 1, 2022–26,350,763	261	260
Additional paid-in capital	964,937	946,588
Treasury stock, at cost: 1,685,172 and 1,664,711 shares, respectively	(252,828)	(248,120)
Accumulated other comprehensive loss	(107,015)	(73,463)
Retained earnings	1,446,457	1,268,124
Littelfuse, Inc. shareholders’ equity	2,051,812	1,893,389
Non-controlling interest	131	131
Total equity	2,051,943	1,893,520
Total liabilities and equity	$ 3,544,469	$ 3,151,704