Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 372,828	$ 275,124
Short-term investments	35	3,690
Trade receivables, less allowances (September 30, 2017 - $30,658 December 31, 2016 - $25,874)	197,539	176,032
Inventories	136,505	114,063
Prepaid income taxes	6,658	11,671
Prepaid expenses and other current assets	45,799	31,501
Total current assets	759,364	612,081
Property, plant, and equipment:
Land	9,690	9,268
Buildings	86,111	80,553
Equipment	493,361	439,542
Accumulated depreciation and amortization	(344,288)	(312,188)
Net property, plant, and equipment	244,874	217,175
Intangible assets, net of amortization:
Patents, licenses and software	84,455	83,607
Distribution network	20,329	18,995
Customer relationships, trademarks and tradenames	104,738	110,425
Goodwill	451,131	403,544
Investments	10,582	13,933
Deferred income taxes	17,806	20,585
Other assets	8,913	10,849
Total assets	1,702,192	1,491,194
LIABILITIES AND EQUITY
Accounts payable	103,849	90,712
Accrued payroll	42,131	42,810
Accrued expenses	52,786	36,138
Accrued severance	1,734	2,785
Accrued income taxes	16,281	8,846
Current portion of long-term debt	9,375	6,250
Total current liabilities	226,156	187,541
Long-term debt, less current portion	492,272	447,892
Deferred income taxes	(7,719)	(7,066)
Accrued post-retirement benefits	16,571	13,398
Other long-term liabilities	26,230	20,366
Shareholders’ equity:
Common stock, par value $0.01 per share	229	228
Treasury stock, at cost	(41,260)	(36,510)
Additional paid-in capital	306,118	291,258
Accumulated other comprehensive income	(73,343)	(74,579)
Retained earnings	741,363	634,391
Littelfuse, Inc. shareholders’ equity	933,107	814,788
Non-controlling interest	137	143
Total equity	933,244	814,931
Total liabilities and equity	$ 1,702,192	$ 1,491,194