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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 01, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 474,003 $ 478,473
Short-term investments 79 28
Trade receivables, less allowances of $83,872 and $59,232 at October 1, 2022 and January 1, 2022, respectively 339,729 275,192
Inventories 536,026 445,671
Prepaid income taxes and income taxes receivable 5,833 2,035
Prepaid expenses and other current assets 75,643 68,812
Total current assets 1,431,313 1,270,211
Net property, plant, and equipment 458,234 437,889
Intangible assets, net of amortization 605,310 407,126
Goodwill 1,168,458 929,790
Investments 23,770 39,211
Deferred income taxes 10,461 13,127
Right of use lease assets, net 46,175 29,616
Other long-term assets 34,207 24,734
Total assets 3,777,928 3,151,704
Current liabilities:    
Accounts payable 219,447 222,039
Accrued liabilities 177,127 159,689
Accrued income taxes 42,016 27,905
Current portion of long-term debt 10,220 25,000
Total current liabilities 448,810 434,633
Long-term debt, less current portion 975,610 611,897
Deferred income taxes 116,595 81,289
Accrued post-retirement benefits 36,842 37,037
Non-current operating lease liabilities 35,778 22,305
Other long-term liabilities 75,402 71,023
Shareholders’ equity:    
Common stock, par value $0.01 per share: 34,000,000 shares authorized; shares issued, October 1, 2022–26,440,679; January 1, 2022–26,350,763 261 260
Additional paid-in capital 969,459 946,588
Treasury stock, at cost: 1,685,182 and 1,664,711 shares, respectively (252,828) (248,120)
Accumulated other comprehensive loss (135,203) (73,463)
Retained earnings 1,507,035 1,268,124
Littelfuse, Inc. shareholders’ equity 2,088,724 1,893,389
Non-controlling interest 167 131
Total equity 2,088,891 1,893,520
Total liabilities and equity $ 3,777,928 $ 3,151,704