XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Apr. 01, 2023
Dec. 31, 2022
[1]
Current assets:    
Cash and cash equivalents $ 226,649 $ 242,341
Short-term investments 97,646 143,235
Accounts receivable, net 176,257 176,148
Inventories 176,189 170,141
Prepaid expenses 32,168 24,017
Other current assets 587 8,969
Total current assets 709,496 764,851
Property, plant and equipment, net 67,208 65,011
Goodwill 223,552 213,539
Intangible assets, net 143,946 140,104
Other assets 21,679 21,105
Operating lease right of use assets 21,718 22,804
Assets 1,187,599 1,227,414
Current liabilities:    
Short-term borrowings 1,883 1,907
Current installments of long-term debt 4,538 4,404
Accounts payable 54,586 51,763
Customer advances 13,124 6,886
Accrued compensation and benefits 26,627 38,348
Deferred profit 5,738 8,022
Accrued warranty 5,532 5,614
Income taxes payable 17,993 26,648
Other accrued liabilities 15,007 17,280
Total current liabilities 145,028 160,872
Long-term debt 37,719 72,664
Deferred income taxes 23,239 21,359
Noncurrent income tax liabilities 7,183 6,486
Accrued retirement benefits 10,162 10,363
Long-term lease liabilities 18,017 19,209
Other accrued liabilities 7,472 7,620
Stockholders’ equity    
Preferred stock, $1 par value; 1,000 shares authorized, none issued 0 0
Common stock, $1 par value; 90,000 shares authorized, 49,283 shares issued and outstanding in 2023 and 49,276 shares in 2022 49,283 49,276
Paid-in capital 671,204 687,218
Treasury stock, at cost; 1,711 shares in 2023 and 1,767 shares in 2022 (50,786) (58,043)
Retained earnings 306,087 290,402
Accumulated other comprehensive loss (37,009) (40,012)
Total stockholders’ equity 938,779 928,841
Liabilities and Equity $ 1,187,599 $ 1,227,414
[1] Derived from December 31, 2022 audited financial statements