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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 02, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 177,485 $ 181,374
Current investments, amortized cost of $195,690 and $223,545 in 2023 and 2022, respectively, allowance for credit losses of $0 in 2023 and 2022 191,474 218,759
Accounts receivable, allowance for credit losses of $602 and $730 in 2023 and 2022, respectively 147,864 125,417
Unbilled revenue 2,243 2,179
Inventories 126,226 122,480
Prepaid expenses and other current assets 73,090 67,490
Total current assets 718,382 717,699
Non-current investments, amortized cost of $481,101 and $476,148 in 2023 and 2022, respectively, allowance for credit losses of $0 in 2023 and 2022 463,494 454,117
Property, plant, and equipment, net 81,638 79,714
Operating lease assets 68,594 37,682
Goodwill 241,582 242,630
Intangible assets, net 10,729 12,414
Deferred income taxes 407,257 407,241
Other assets 6,438 6,643
Total assets 1,998,114 1,958,140
Current liabilities:    
Accounts payable 26,109 27,103
Accrued expenses 83,605 93,235
Accrued income taxes 19,121 18,129
Deferred revenue and customer deposits 43,439 40,787
Operating lease liabilities 8,188 8,454
Total current liabilities 180,462 187,708
Non-current operating lease liabilities 61,852 31,298
Deferred income taxes 237,357 249,961
Reserve for income taxes 19,239 15,866
Non-current accrued income taxes 18,338 33,008
Other liabilities 403 1,905
Total liabilities 517,651 519,746
Commitments and Contingencies
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: 172,293 and 172,631 shares in 2023 and 2022, respectively 345 345
Additional paid-in capital 1,010,973 979,167
Retained earnings 537,947 528,179
Accumulated other comprehensive loss, net of tax (68,802) (69,297)
Total shareholders’ equity 1,480,463 1,438,394
Total liabilities and shareholders' equity $ 1,998,114 $ 1,958,140