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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 562,588 $ 478,473
Short-term investments 84 28
Trade receivables, less allowances of $83,562 and $59,232, respectively 306,578 275,192
Inventories 547,690 445,671
Prepaid income taxes and income taxes receivable 7,215 2,035
Prepaid expenses and other current assets 87,641 68,812
Total current assets 1,511,796 1,270,211
Net property, plant, and equipment 481,110 437,889
Intangible assets, net of amortization 593,970 407,126
Goodwill 1,186,922 929,790
Investments 24,121 39,211
Deferred income taxes 14,367 13,127
Right of use lease assets, net 57,382 29,616
Other long-term assets 34,066 24,734
Total assets 3,903,734 3,151,704
Current liabilities:    
Accounts payable 208,571 222,039
Accrued liabilities 187,057 159,689
Accrued income taxes 41,793 27,905
Current portion of long-term debt 134,874 25,000
Total current liabilities 572,295 434,633
Long-term debt, less current portion 866,623 611,897
Deferred income taxes 100,230 81,289
Accrued post-retirement benefits 28,037 37,037
Non-current lease liabilities 45,661 22,305
Other long-term liabilities 79,510 71,023
Shareholders’ equity:    
Common stock, par value $0.01 per share: 34,000,000 shares authorized; shares issued, 26,445,618 and 26,350,763, respectively 261 260
Additional paid-in capital 974,097 946,588
Treasury stock, at cost: 1,685,357 and 1,664,711 shares, respectively (252,866) (248,120)
Accumulated other comprehensive loss (95,764) (73,463)
Retained earnings 1,585,466 1,268,124
Littelfuse, Inc. shareholders’ equity 2,211,194 1,893,389
Non-controlling interest 184 131
Total equity 2,211,378 1,893,520
Total liabilities and equity $ 3,903,734 $ 3,151,704