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Summary of Significant Accounting Policies and Other Information (Tables)
6 Months Ended
Jul. 01, 2023
Accounting Policies [Abstract]  
Schedule of Revenue Disaggregation
The following tables disaggregate the Company’s revenue by primary business units for the three and six months ended July 1, 2023 and July 2, 2022:
 Three Months Ended July 1, 2023Six Months Ended July 1, 2023
(in thousands)Electronics
Segment
Transportation
Segment
Industrial
Segment
 
Total
Electronics
Segment
Transportation
Segment
Industrial
Segment
 
Total
Electronics – Passive Products and Sensors$152,852 $— $— $152,852 $301,450 $— $— $301,450 
Electronics – Semiconductor197,295 — — 197,295 407,290 — — 407,290 
Passenger Car Products— 65,883 — 65,883 — 127,580 — 127,580 
Automotive Sensors— 22,836 — 22,836 — 43,634 — 43,634 
Commercial Vehicle Products— 83,329 — 83,329 — 167,475 — 167,475 
Industrial Products— — 89,802 89,802 — — 174,350 174,350 
Total$350,147 $172,048 $89,802 $611,997 $708,740 $338,689 $174,350 $1,221,779 
 Three Months Ended July 2, 2022Six Months Ended July 2, 2022
(in thousands)Electronics
Segment
Transportation
Segment
Industrial
Segment
 
Total
Electronics
Segment
Transportation
Segment
Industrial
Segment
 
Total
Electronics – Passive Products and Sensors$162,313 $— $— $162,313 $332,256 $— $— $332,256 
Electronics – Semiconductor195,863 — — 195,863 391,741 — — 391,741 
Passenger Car Products— 59,778 — 59,778 — 124,272 — 124,272 
Automotive Sensors— 23,201 — 23,201 — 49,338 — 49,338 
Commercial Vehicle Products— 99,048 — 99,048 — 192,921 — 192,921 
Industrial Products— — 78,233 78,233 151,238 151,238 
Total$358,176 $182,027 $78,233 $618,436 $723,997 $366,531 $151,238 $1,241,766 
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents and restricted cash at July 1, 2023 and December 31, 2022 reported within the Condensed Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Condensed Consolidated Statement of Cash Flows.

(in thousands)July 1, 2023December 31, 2022
Cash and cash equivalents$480,743 $562,588 
Restricted cash included in prepaid expenses and other current assets771 802 
Restricted cash included in other long-term assets1,580 1,549 
Total cash, cash equivalents, and restricted cash$483,094 $564,939 
Schedule of Restricted Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents and restricted cash at July 1, 2023 and December 31, 2022 reported within the Condensed Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Condensed Consolidated Statement of Cash Flows.

(in thousands)July 1, 2023December 31, 2022
Cash and cash equivalents$480,743 $562,588 
Restricted cash included in prepaid expenses and other current assets771 802 
Restricted cash included in other long-term assets1,580 1,549 
Total cash, cash equivalents, and restricted cash$483,094 $564,939