Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jul. 01, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 321,893	$ 275,124
Short-term investments	34	3,690
Trade receivables, net	199,027	176,032
Inventories	125,240	114,063
Prepaid income taxes	6,720	11,671
Prepaid expenses and other current assets	51,938	31,501
Total current assets	704,852	612,081
Land	9,691	9,268
Buildings	84,481	80,553
Equipment	471,960	439,542
Accumulated depreciation and amortization	(333,593)	(312,188)
Net property, plant, and equipment	232,539	217,175
Patents, licenses and software	85,798	83,607
Distribution network	18,191	18,995
Customer relationships, trademarks and tradenames	106,848	110,425
Goodwill	432,134	403,544
Investments	11,916	13,933
Deferred income taxes	19,028	20,585
Other assets	10,885	10,849
Total assets	1,622,191	1,491,194
LIABILITIES AND EQUITY
Accounts payable	100,826	90,712
Accrued payroll	32,866	42,810
Accrued expenses	50,536	36,138
Accrued severance	629	2,785
Accrued income taxes	9,522	8,846
Current portion of long-term debt	7,813	6,250
Total current liabilities	202,192	187,541
Long-term debt, less current portion	473,879	447,892
Deferred income taxes	(8,826)	(7,066)
Accrued post-retirement benefits	15,975	13,398
Other long-term liabilities	25,887	20,366
Shareholders’ equity:
Common stock, par value $0.01 per share	245	228
Treasury stock, at cost	(41,049)	(36,510)
Additional paid-in capital	302,238	291,258
Accumulated other comprehensive income	(73,104)	(74,579)
Retained earnings	706,959	634,391
Littelfuse, Inc. shareholders’ equity	895,289	814,788
Non-controlling interest	143	143
Total equity	895,432	814,931
Total liabilities and equity	$ 1,622,191	$ 1,491,194