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Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 02, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 164,171 $ 181,374
Current investments, amortized cost of $220,943 and $223,545 in 2023 and 2022, respectively, allowance for credit losses of $0 in 2023 and 2022 216,703 218,759
Accounts receivable, allowance for credit losses of $1,001 and $730 in 2023 and 2022, respectively 144,154 125,417
Unbilled revenue 2,354 2,179
Inventories 127,147 122,480
Prepaid expenses and other current assets 67,634 67,490
Total current assets 722,163 717,699
Non-current investments, amortized cost of $478,329 and $476,148 in 2023 and 2022, respectively, allowance for credit losses of $0 in 2023 and 2022 463,039 454,117
Property, plant, and equipment, net 81,274 79,714
Operating lease assets 37,769 37,682
Goodwill 242,041 242,630
Intangible assets, net 11,472 12,414
Deferred income taxes 409,583 407,241
Other assets 6,725 6,643
Total assets 1,974,066 1,958,140
Current liabilities:    
Accounts payable 26,939 27,103
Accrued expenses 83,527 93,235
Accrued income taxes 37,529 18,129
Deferred revenue and customer deposits 57,805 40,787
Operating lease liabilities 8,177 8,454
Total current liabilities 213,977 187,708
Non-current operating lease liabilities 31,389 31,298
Deferred income taxes 243,557 249,961
Reserve for income taxes 20,030 15,866
Non-current accrued income taxes 18,338 33,008
Other liabilities 444 1,905
Total liabilities 527,735 519,746
Shareholders’ equity:    
Preferred stock, $.01 par value – Authorized: 400 shares in 2023 and 2022, respectively; no shares issued and outstanding 0 0
Common stock, $.002 par value – Authorized: 300,000 shares in 2023 and 2022, respectively; issued and outstanding: 172,601 and 172,631 shares in 2023 and 2022, respectively 345 345
Additional paid-in capital 992,690 979,167
Retained earnings 517,526 528,179
Accumulated other comprehensive loss, net of tax (64,230) (69,297)
Total shareholders’ equity 1,446,331 1,438,394
Total liabilities and shareholders' equity $ 1,974,066 $ 1,958,140