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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents (Note 1) $ 562,153 $ 555,513
Short-term investments 231 235
Trade receivables, less allowances of $76,496 and $84,696 at March 30, 2024 and December 30, 2023, respectively 295,876 287,018
Inventories (Note 3) 456,135 474,607
Prepaid income taxes and income taxes receivable 8,574 8,701
Prepaid expenses and other current assets 121,142 82,526
Total current assets 1,444,111 1,408,600
Net property, plant, and equipment (Note 4) 479,435 493,153
Intangible assets, net of amortization (Note 5) 584,631 606,136
Goodwill (Note 5) 1,294,737 1,309,998
Investments 24,204 24,821
Deferred income taxes 10,798 10,486
Right of use lease assets 63,718 62,370
Other long-term assets 41,827 79,711
Total assets 3,943,461 3,995,275
Current liabilities:    
Accounts payable 172,809 173,535
Accrued liabilities (Note 6) 124,288 149,214
Accrued income taxes 42,051 38,725
Current portion of long-term debt (Note 8) 65,824 14,020
Total current liabilities 404,972 375,494
Long-term debt, less current portion (Note 8) 800,849 857,915
Deferred income taxes 100,755 110,820
Accrued post-retirement benefits 34,049 34,422
Non-current lease liabilities 50,791 49,472
Other long-term liabilities 80,752 86,671
Total liabilities 1,472,168 1,514,794
Commitments and contingencies (Note 15)
Shareholders’ equity:    
Common stock, par value $0.01 per share: 34,000,000 shares authorized; shares issued, March 30, 2024–26,634,597; December 30, 2023–26,624,071 262 262
Additional paid-in capital 1,017,311 1,012,325
Treasury stock, at cost: 1,781,633 and 1,711,290 shares, respectively (275,398) (259,263)
Accumulated other comprehensive loss (86,108) (55,817)
Retained earnings 1,814,916 1,782,662
Littelfuse, Inc. shareholders’ equity 2,470,983 2,480,169
Non-controlling interest 310 312
Total equity 2,471,293 2,480,481
Total liabilities and equity $ 3,943,461 $ 3,995,275