CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 02, 2022	Jan. 01, 2022
Current assets:
Cash and cash equivalents	$ 461,617	$ 478,473
Short-term investments	27	28
Trade receivables, less allowances of $62,170 and $59,232 at April 2, 2022 and January 1, 2022, respectively	319,457	275,192
Inventories	470,552	445,671
Prepaid income taxes and income taxes receivable	1,570	2,035
Prepaid expenses and other current assets	64,987	68,812
Total current assets	1,318,210	1,270,211
Net property, plant, and equipment	442,022	437,889
Intangible assets, net of amortization	391,855	407,126
Goodwill	926,732	929,790
Investments	34,372	39,211
Deferred income taxes	17,119	13,127
Right of use lease assets, net	37,579	29,616
Other long-term assets	25,279	24,734
Total assets	3,193,168	3,151,704
Current liabilities:
Accounts payable	212,644	222,039
Accrued liabilities	127,011	159,689
Accrued income taxes	25,689	27,905
Current portion of long-term debt	0	25,000
Total current liabilities	365,344	434,633
Long-term debt, less current portion	606,741	611,897
Deferred income taxes	80,686	81,289
Accrued post-retirement benefits	36,884	37,037
Non-current operating lease liabilities	29,511	22,305
Other long-term liabilities	73,350	71,023
Shareholders’ equity:
Common stock, par value $0.01 per share: 34,000,000 shares authorized; shares issued, April 2, 2022–26,358,545; January 1, 2022–26,350,763	260	260
Additional paid-in capital	951,495	946,588
Treasury stock, at cost: 1,664,727 and 1,664,711 shares, respectively	(248,124)	(248,120)
Accumulated other comprehensive loss	(75,666)	(73,463)
Retained earnings	1,372,556	1,268,124
Littelfuse, Inc. shareholders’ equity	2,000,521	1,893,389
Non-controlling interest	131	131
Total equity	2,000,652	1,893,520
Total liabilities and equity	$ 3,193,168	$ 3,151,704