CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 01, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 425,127	$ 562,588
Short-term investments	85	84
Trade receivables, less allowances of $88,923 and $83,562 at April 1, 2023 and December 31, 2022, respectively	324,583	306,578
Inventories	559,828	547,690
Prepaid income taxes and income taxes receivable	5,857	7,215
Prepaid expenses and other current assets	86,124	87,641
Total current assets	1,401,604	1,511,796
Net property, plant, and equipment	492,368	481,110
Intangible assets, net of amortization	646,963	593,970
Goodwill	1,289,229	1,186,922
Investments	26,581	24,121
Deferred income taxes	13,780	14,367
Right of use lease assets, net	56,583	57,382
Other long-term assets	34,628	34,066
Total assets	3,961,736	3,903,734
Current liabilities:
Accounts payable	191,346	208,571
Accrued liabilities	147,776	187,057
Accrued income taxes	42,587	41,793
Current portion of long-term debt	137,929	134,874
Total current liabilities	519,638	572,295
Long-term debt, less current portion	866,925	866,623
Deferred income taxes	109,453	100,230
Accrued post-retirement benefits	29,557	28,037
Non-current operating lease liabilities	43,919	45,661
Other long-term liabilities	84,768	79,510
Shareholders’ equity:
Common stock, par value $0.01 per share: 34,000,000 shares authorized; shares issued, April 1, 2023–26,483,444; December 31, 2022–26,445,618	261	261
Additional paid-in capital	983,065	974,097
Treasury stock, at cost: 1,685,471 and 1,685,357 shares, respectively	(252,884)	(252,866)
Accumulated other comprehensive loss	(82,481)	(95,764)
Retained earnings	1,659,265	1,585,466
Littelfuse, Inc. shareholders’ equity	2,307,226	2,211,194
Non-controlling interest	250	184
Total equity	2,307,476	2,211,378
Total liabilities and equity	$ 3,961,736	$ 3,903,734