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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 28, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents (Note 1) $ 629,670 $ 555,513
Short-term investments 1,011 235
Trade receivables, less allowances of $76,151 and $84,696 at September 28, 2024 and December 30, 2023, respectively 338,758 287,018
Inventories (Note 3) 453,781 474,607
Prepaid income taxes and income taxes receivable 6,793 8,701
Prepaid expenses and other current assets 132,510 82,526
Total current assets 1,562,523 1,408,600
Net property, plant, and equipment (Note 4) 481,592 493,153
Intangible assets, net of amortization (Note 5) 560,994 606,136
Goodwill (Note 5) 1,317,748 1,309,998
Investments 26,607 24,821
Deferred income taxes 11,955 10,486
Right of use lease assets 60,277 62,370
Other long-term assets 40,548 79,711
Total assets 4,062,244 3,995,275
Current liabilities:    
Accounts payable 179,486 173,535
Accrued liabilities (Note 6) 152,772 149,214
Accrued income taxes 39,809 38,725
Current portion of long-term debt (Note 8) 67,799 14,020
Total current liabilities 439,866 375,494
Long-term debt, less current portion (Note 8) 799,949 857,915
Deferred income taxes 95,554 110,820
Accrued post-retirement benefits 31,373 34,422
Non-current lease liabilities 52,074 49,472
Other long-term liabilities 70,328 86,671
Total liabilities 1,489,144 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, September 28, 2024–26,749,671; December 30, 2023–26,624,071 262 262
Additional paid-in capital 1,043,736 1,012,325
Treasury stock, at cost: 1,936,668 and 1,711,290 shares, respectively (305,259) (259,263)
Accumulated other comprehensive loss (50,782) (55,817)
Retained earnings 1,884,823 1,782,662
Littelfuse, Inc. shareholders’ equity 2,572,780 2,480,169
Non-controlling interest 320 312
Total equity 2,573,100 2,480,481
Total liabilities and equity $ 4,062,244 $ 3,995,275