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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 29, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents (Note 1) $ 561,742 $ 555,513
Short-term investments 971 235
Trade receivables, less allowances of $73,744 and $84,696 at June 29, 2024 and December 30, 2023, respectively 317,963 287,018
Inventories (Note 3) 451,186 474,607
Prepaid income taxes and income taxes receivable 6,413 8,701
Prepaid expenses and other current assets 125,703 82,526
Total current assets 1,463,978 1,408,600
Net property, plant, and equipment (Note 4) 472,537 493,153
Intangible assets, net of amortization (Note 5) 566,030 606,136
Goodwill (Note 5) 1,287,762 1,309,998
Investments 22,904 24,821
Deferred income taxes 10,950 10,486
Right of use lease assets 59,563 62,370
Other long-term assets 41,254 79,711
Total assets 3,924,978 3,995,275
Current liabilities:    
Accounts payable 176,095 173,535
Accrued liabilities (Note 6) 135,180 149,214
Accrued income taxes 39,235 38,725
Current portion of long-term debt (Note 8) 67,679 14,020
Total current liabilities 418,189 375,494
Long-term debt, less current portion (Note 8) 795,825 857,915
Deferred income taxes 96,214 110,820
Accrued post-retirement benefits 31,810 34,422
Non-current lease liabilities 49,581 49,472
Other long-term liabilities 67,872 86,671
Total liabilities 1,459,491 1,514,794
Commitments and contingencies (Note 15)
Shareholders’ equity:    
Common stock, par value $0.01 per share: 34,000,000 shares authorized; shares issued, June 29, 2024–26,713,727; December 30, 2023–26,624,071 262 262
Additional paid-in capital 1,032,974 1,012,325
Treasury stock, at cost: 1,936,187 and 1,711,290 shares, respectively (305,136) (259,263)
Accumulated other comprehensive loss (107,175) (55,817)
Retained earnings 1,844,204 1,782,662
Littelfuse, Inc. shareholders’ equity 2,465,129 2,480,169
Non-controlling interest 358 312
Total equity 2,465,487 2,480,481
Total liabilities and equity $ 3,924,978 $ 3,995,275