XML 36 R27.htm IDEA: XBRL DOCUMENT
v3.23.2

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, 2023 |  | Six 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 – Semiconductor |  | 197,295 |  |  | — |  |  | — |  |  | 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, 2022 |  | Six 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 – Semiconductor |  | 195,863 |  |  | — |  |  | — |  |  | 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, 2023 |  | December 31, 2022
Cash and cash equivalents |  | $ | 480,743 |  |  | $ | 562,588 |
Restricted cash included in prepaid expenses and other current assets |  | 771 |  |  | 802 |
Restricted cash included in other long-term assets |  | 1,580 |  |  | 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, 2023 |  | December 31, 2022
Cash and cash equivalents |  | $ | 480,743 |  |  | $ | 562,588 |
Restricted cash included in prepaid expenses and other current assets |  | 771 |  |  | 802 |
Restricted cash included in other long-term assets |  | 1,580 |  |  | 1,549 |
Total cash, cash equivalents, and restricted cash |  | $ | 483,094 |  |  | $ | 564,939 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of cash and cash equivalents. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(1)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 8 -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482913/230-10-50-8 + Details
Name: | us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration