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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 03, 2021
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 395,562 $ 268,103
Accounts receivable, net of reserve for doubtful accounts of $18,944 and $19,225 422,409 363,361
Inventories, net 608,570 540,198
Prepaid expenses and other 82,908 81,049
Prepaid Taxes 16,476 17,782
Total current assets 1,525,925 1,270,493
Property, plant and equipment, net of accumulated depreciation of $247,497 and $229,871 336,924 344,482
Goodwill 1,932,172 1,934,261
Other intangibles 1,406,629 1,450,381
Long-term deferred tax assets 86,910 76,052
Other assets 134,223 126,805
Total assets 5,422,783 5,202,474
Current liabilities:    
Current maturities of long-term debt 23,260 22,944
Accounts payable 223,425 182,773
Accrued expenses 485,152 494,541
Total current liabilities 731,837 700,258
Long-term debt 1,795,593 1,706,652
Deferred Income Tax Liabilities, Net 131,658 147,224
Liability, Defined Benefit Pension Plan, Noncurrent 450,298 469,500
Other non-current liabilities 187,521 202,191
Stockholders' equity:    
Preferred stock, $0.01 par value; nonvoting; 2,000,000 shares authorized; none issued 0 0
Common stock, $0.01 par value; 63,654,275 and 63,651,773 shares issued in 2021 and 2020, respectively 147 147
Cumulative Effect Period of Adoption ASU 2020-06, Paid-in capital 370,816 433,308
Treasury stock, at cost; 8,027,327 and 8,013,296 shares in 2021 and 2020 (539,496) (537,134)
Cumulative Effect Period of Adoptions ASU 2020-06, Retained earnings 2,783,659 2,568,756
Accumulated other comprehensive loss (489,250) (488,428)
Total stockholders' equity 2,125,876 1,976,649
Total liabilities and stockholders' equity $ 5,422,783 $ 5,202,474