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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 29, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents (Note 1) $ 618,687 $ 724,924
Short-term investments 984 976
Trade receivables, less allowances of $69,244 and $69,990 at March 29, 2025 and December 28, 2024, respectively 317,828 294,371
Inventories (Note 3) 417,102 416,273
Prepaid income taxes and income taxes receivable 8,245 11,749
Prepaid expenses and other current assets 70,238 103,716
Total current assets 1,433,084 1,552,009
Net property, plant, and equipment (Note 4) 510,336 477,068
Intangible assets, net of amortization (Note 5) 475,645 482,118
Goodwill (Note 5) 1,307,941 1,228,502
Investments 21,821 23,245
Deferred income taxes 5,581 4,899
Right of use lease assets 85,028 72,211
Other long-term assets 48,799 51,727
Total assets 3,888,235 3,891,779
Current liabilities:    
Accounts payable 176,450 188,359
Accrued liabilities (Note 6) 139,815 148,276
Accrued income taxes 35,592 29,658
Current portion of long-term debt (Note 8) 17,710 67,612
Total current liabilities 369,567 433,905
Long-term debt, less current portion (Note 8) 787,980 788,502
Deferred income taxes 95,416 95,532
Accrued post-retirement benefits 30,751 29,836
Non-current lease liabilities 72,243 60,559
Other long-term liabilities 75,523 69,833
Total liabilities 1,431,480 1,478,167
Commitments and contingencies (Note 15)
Shareholders’ equity:    
Common stock, par value $0.01 per share: 34,000,000 shares authorized; shares issued, March 29, 2025–26,772,905; December 28, 2024–26,758,730 262 262
Additional paid-in capital 1,056,077 1,049,079
Treasury stock, at cost: 2,058,288 and 1,937,380 shares, respectively (333,039) (305,351)
Accumulated other comprehensive loss (108,764) (146,361)
Retained earnings 1,841,794 1,815,628
Littelfuse, Inc. shareholders’ equity 2,456,330 2,413,257
Non-controlling interest 425 355
Total equity 2,456,755 2,413,612
Total liabilities and equity $ 3,888,235 $ 3,891,779