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Note 8 - Shareholders' Equity
 3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
8
.
Shareholders’ Equity
 
The following table sets forth the changes in shareholders’ equity for the
three
months ended
March 31, 2018:
 
(in
thousands
)
  
Littelfuse,
Inc.
Shareholders’
Equity
    
Non-
controlling
Interest
    
Total
  
Balance at December 30, 2017
   $
927,419
     $
137
     $
927,556
  
Net income
    
36,029
      
—
      
36,029
  
Other comprehensive income
    
(279
 )    
—
      
(279
 )
Stock-based compensation
    
8,714
      
—
      
8,714
  
Withheld shares on restricted share units for withholding taxes
    
(2,758
 )    
—
      
(2,758
 )
Stock options exercised
    
9,609
      
—
      
9,609
  
Issuance of common stock
(a)
    
472,301
      
—
      
472,301
  
Cash dividends paid ($0.37 per share)
    
(9,198
 )    
—
      
(9,198
 )
Non-controlling interest
    
—
      
—
      
—
  
Balance at March 31, 2018
   $
1,441,837
     $
137
     $
1,441,974
  
 
(a) The issuance of common stock (
2,092,491
shares) during the
three
months ended
March 31, 2018
relates to the acquisition of IXYS. See Note
2,
Acquisitions
for further discussion.
 
The following table sets forth the changes in the components of Accumulated Other Comprehensive Income (Loss) by component for the
three
months ended
March 31, 2018:
 
(in
thousands
)
  
Pension and
postretirement
liability and
reclassification
adjustments
(a)
    
Unrealized
g
ain
/(loss)
on
investments
    
Foreign
currency
translation
adjustment
    
Accumulated
other
comprehensive
income (loss)
  
Balance at December 30, 2017
   $
(10,836
 )   $
9,795
     $
(62,627
 )   $
(63,668
 )
Cumulative effect adjustment
(b)
    
—
      
(9,795
 )    
—
      
(9,795
 )
Activity in the period
    
(3
 )    
—
      
(276
 )    
(279
 )
Balance at March 31, 2018
   $
(10,839
 )   $
—
     $
(62,903
 )   $
(73,742
 )
 
(a) The balances at
March 31, 2018
and
December 30, 2017
are net of taxes of
$0.2
million and
$1.4
million, respectively.
(b) The Company adopted ASU
2016
-
01
on
December 31, 2018
on a modified retrospective basis, recognizing the cumulative effect as a
$9.8
million increase to retained earnings. See Note
1,
Summary of Significant Accounting Policies and Other Information
, for further discussion.