CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 480,743	$ 562,588
Short-term investments	84	84
Trade receivables, less allowances of $86,968 and $83,562 at July 1, 2023 and December 31, 2022, respectively	339,637	306,578
Inventories	527,151	547,690
Prepaid income taxes and income taxes receivable	3,407	7,215
Prepaid expenses and other current assets	90,324	87,641
Total current assets	1,441,346	1,511,796
Net property, plant, and equipment	481,567	481,110
Intangible assets, net of amortization	628,333	593,970
Goodwill	1,289,188	1,186,922
Investments	25,248	24,121
Deferred income taxes	13,394	14,367
Right of use lease assets, net	56,379	57,382
Other long-term assets	40,259	34,066
Total assets	3,975,714	3,903,734
Current liabilities:
Accounts payable	173,353	208,571
Accrued liabilities	143,843	187,057
Accrued income taxes	41,049	41,793
Current portion of long-term debt	137,435	134,874
Total current liabilities	495,680	572,295
Long-term debt, less current portion	864,223	866,623
Deferred income taxes	104,121	100,230
Accrued post-retirement benefits	30,038	28,037
Non-current operating lease liabilities	43,571	45,661
Other long-term liabilities	80,830	79,510
Shareholders’ equity:
Common stock, par value $0.01 per share: 34,000,000 shares authorized; shares issued, July 1, 2023–26,579,761; December 31, 2022–26,445,618	261	261
Additional paid-in capital	998,589	974,097
Treasury stock, at cost: 1,709,947 and 1,685,357 shares, respectively	(258,883)	(252,866)
Accumulated other comprehensive loss	(97,392)	(95,764)
Retained earnings	1,714,381	1,585,466
Littelfuse, Inc. shareholders’ equity	2,356,956	2,211,194
Non-controlling interest	295	184
Total equity	2,357,251	2,211,378
Total liabilities and equity	$ 3,975,714	$ 3,903,734