Summary of Significant Accounting Policies and Other Information (Tables)

3 Months Ended

Apr. 01, 2023

Accounting Policies [Abstract]

Schedule of Revenue Disaggregation

The following tables disaggregate the Company’s revenue by primary business units for the three months ended April 1, 2023 and April 2, 2022:

	Three Months Ended April 1, 2023
(in thousands)	Electronics Segment		Transportation Segment		Industrial Segment		Total
Electronics – Passive Products and Sensors	$	148,598	$	—	$	—	$	148,598
Electronics – Semiconductor	209,995		—		—		209,995
Passenger Car Products	—		61,697		—		61,697
Automotive Sensors	—		20,798		—		20,798
Commercial Vehicle Products	—		84,146		—		84,146
Industrial Products	—		—		84,548		84,548
Total	$	358,593	$	166,641	$	84,548	$	609,782

	Three Months Ended April 2, 2022
(in thousands)	Electronics Segment		Transportation Segment		Industrial Segment		Total
Electronics – Passive Products and Sensors	$	169,943	$	—	$	—	$	169,943
Electronics – Semiconductor	195,878		—		—		195,878
Passenger Car Products	—		64,494		—		64,494
Automotive Sensors	—		26,137		—		26,137
Commercial Vehicle Products	—		93,873		—		93,873
Industrial Products	—		—		73,005		73,005
Total	$	365,821	$	184,504	$	73,005	$	623,330

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents and restricted cash at April 1, 2023 and December 31, 2022 reported within the Condensed Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Condensed Consolidated Statement of Cash Flows.

(in thousands)	April 1, 2023		December 31, 2022
Cash and cash equivalents	$	425,127	$	562,588
Restricted cash included in prepaid expenses and other current assets	812		802
Restricted cash included in other long-term assets	1,586		1,549
Total cash, cash equivalents and restricted cash	$	427,525	$	564,939

Schedule of Restricted Cash and Cash Equivalents

The following table provides a reconciliation of cash, cash equivalents and restricted cash at April 1, 2023 and December 31, 2022 reported within the Condensed Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Condensed Consolidated Statement of Cash Flows.

(in thousands)	April 1, 2023		December 31, 2022
Cash and cash equivalents	$	425,127	$	562,588
Restricted cash included in prepaid expenses and other current assets	812		802
Restricted cash included in other long-term assets	1,586		1,549
Total cash, cash equivalents and restricted cash	$	427,525	$	564,939