CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 560,056	$ 562,588
Short-term investments	229	84
Trade receivables, less allowances of $88,440 and $83,562 at September 30, 2023 and December 31, 2022, respectively	327,500	306,578
Inventories	483,075	547,690
Prepaid income taxes and income taxes receivable	3,776	7,215
Prepaid expenses and other current assets	83,684	87,641
Total current assets	1,458,320	1,511,796
Net property, plant, and equipment	478,906	481,110
Intangible assets, net of amortization	612,366	593,970
Goodwill	1,284,343	1,186,922
Investments	23,371	24,121
Deferred income taxes	13,598	14,367
Right of use lease assets, net	51,755	57,382
Other long-term assets	80,267	34,066
Total assets	4,002,926	3,903,734
Current liabilities:
Accounts payable	166,725	208,571
Accrued liabilities	143,540	187,057
Accrued income taxes	35,762	41,793
Current portion of long-term debt	135,619	134,874
Total current liabilities	481,646	572,295
Long-term debt, less current portion	857,006	866,623
Deferred income taxes	106,656	100,230
Accrued post-retirement benefits	29,445	28,037
Non-current operating lease liabilities	39,818	45,661
Other long-term liabilities	83,496	79,510
Shareholders’ equity:
Common stock, par value $0.01 per share: 34,000,000 shares authorized; shares issued, September 30, 2023–26,613,883; December 31, 2022–26,445,618	262	261
Additional paid-in capital	1,007,033	974,097
Treasury stock, at cost: 1,711,033 and 1,685,357 shares, respectively	(259,191)	(252,866)
Accumulated other comprehensive loss	(99,526)	(95,764)
Retained earnings	1,755,936	1,585,466
Littelfuse, Inc. shareholders’ equity	2,404,514	2,211,194
Non-controlling interest	345	184
Total equity	2,404,859	2,211,378
Total liabilities and equity	$ 4,002,926	$ 3,903,734