XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 30, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents at end of period from continuing operations $ 159,521 $ 164,460 [1]
Short-term investments 565 560 [1]
Accounts receivable, net 131,133 149,276 [1]
Inventories 130,744 139,314 [1]
Prepaid expenses 18,503 26,206 [1]
Other current assets 258 1,682 [1]
Current assets of discontinued operations (Note 10) 4,122 3,741 [1]
Total current assets 444,846 485,239 [1]
Property, plant and equipment, net 71,792 74,332 [1]
Goodwill 239,270 242,127 [1]
Intangible assets, net 305,306 318,961 [1]
Other assets 15,107 13,264 [1]
Operating lease right-of-use assets 29,782 [1]
Noncurrent assets of discontinued operations (Note 10) 94 79 [1]
1,106,197 1,134,002 [1]
Current liabilities:    
Short-term borrowings 3,160 3,115 [1]
Current installments of long-term debt 3,422 3,672 [1]
Accounts payable 46,999 48,117 [1]
Accrued compensation and benefits 21,988 29,402 [1]
Accrued warranty 6,859 7,769 [1]
Deferred profit 8,268 6,896
Income taxes payable 7,831 11,055 [1]
Other accrued liabilities 38,966 50,045 [1]
Current liabilities of discontinued operations (Note 10) 596 518 [1]
Total current liabilities 138,089 160,589 [1]
Accrued retirement benefits 19,918 19,740 [1]
Noncurrent deferred gain on sale of facility 8,776 [1]
Deferred income taxes 36,378 38,942 [1]
Noncurrent income tax liabilities 9,847 9,711 [1]
Long-term debt 342,632 346,041 [1]
Other accrued liabilities 4,624 4,259 [1]
Long-term lease liabilities 26,395 [1]
Stockholders' equity:    
Preferred stock, $1 par value; 1,000 shares authorized, none issued [1]
Common stock, $1 par value; 60,000 shares authorized, 41,015 shares issued and outstanding in 2019 and 40,763 shares in 2018 41,015 40,763 [1]
Paid-in capital 421,381 419,690 [1]
Retained earnings 96,938 111,670 [1]
Accumulated other comprehensive loss (30,664) (25,880)
Total Cohu stockholders' equity 528,670 546,243 [1]
Noncontrolling interest (356) (299) [1]
Total equity 528,314 545,944 [1]
$ 1,106,197 $ 1,134,002 [1]
[1] Derived from December 29, 2018 audited financial statements