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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 29, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 326,427 $ 395,076
Investments 934 898
Accounts receivable, net 610,088 702,168
Inventories 522,927 516,236
Other current assets 143,307 138,489
Total current assets 1,603,683 1,752,867
Property, plant and equipment, net 636,110 639,073
Intangible assets, net 596,398 629,187
Goodwill 1,297,796 1,305,446
Operating lease assets 81,124 84,591
Other assets 233,936 215,690
Total assets 4,449,047 4,626,854
Current liabilities:    
Notes payable and debt 0 50,000
Accounts payable 78,436 84,705
Accrued employee compensation 56,037 69,391
Deferred revenue and customer advances 316,933 256,675
Current operating lease liabilities 26,367 27,825
Accrued income taxes 134,265 120,257
Accrued warranty 10,437 12,050
Other current liabilities 140,057 168,677
Total current liabilities 762,532 789,580
Long-term liabilities:    
Long-term debt 2,006,009 2,305,513
Long-term portion of retirement benefits 48,582 47,559
Long-term income tax liabilities 17,587 137,123
Long-term operating lease liabilities 56,346 58,926
Other long-term liabilities 146,024 137,812
Total long-term liabilities 2,274,548 2,686,933
Total liabilities 3,037,080 3,476,513
Commitments and contingencies (Notes 6, 7 and 9)
Stockholders' equity:    
Preferred stock, par value $0.01 per share, 5,000 shares authorized, none issued at June 29, 2024 and December 31, 2023 0 0
Common stock, par value $0.01 per share, 400,000 shares authorized, 162,926 and 162,709 shares issued, 59,353 and 59,176 shares outstanding at June 29, 2024 and December 31, 2023, respectively 1,629 1,627
Additional paid-in capital 2,310,372 2,266,265
Retained earnings 9,395,754 9,150,821
Treasury stock, at cost, 103,573 and 103,533 shares at June 29, 2024 and December 31, 2023, respectively (10,147,586) (10,134,252)
Accumulated other comprehensive loss (148,202) (134,120)
Total stockholders' equity 1,411,967 1,150,341
Total liabilities and stockholders' equity $ 4,449,047 $ 4,626,854