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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 01, 2023
Dec. 31, 2022
Mar. 26, 2022
CURRENT ASSETS:      
Cash and cash equivalents $ 423,299 $ 559,397 $ 73,783
Restricted cash 761 226 729
Investments 37,534 36,013 35,465
Accounts receivable, net 809,389 617,604 1,095,362
Inventories:      
Raw materials 425,835 398,798 576,023
Finished goods 534,503 574,429 654,328
Total inventories 960,338 973,227 1,230,351
Refundable income taxes   33,126  
Other current assets 35,692 42,520 36,727
TOTAL CURRENT ASSETS 2,267,013 2,262,113 2,472,417
DEFERRED INCOME TAXES 4,194 3,750 3,590
RESTRICTED INVESTMENTS 22,267 19,898 19,390
RIGHT OF USE ASSETS 116,564 107,517 99,914
OTHER ASSETS 99,516 101,262 32,544
GOODWILL 337,467 337,320 317,631
INDEFINITE-LIVED INTANGIBLE ASSETS 7,336 7,339 7,396
OTHER INTANGIBLE ASSETS, NET 142,277 143,892 120,205
PROPERTY, PLANT AND EQUIPMENT:      
Property, plant and equipment 1,408,360 1,379,968 1,244,070
Less accumulated depreciation and amortization (708,205) (690,986) (643,191)
PROPERTY, PLANT AND EQUIPMENT, NET 700,155 688,982 600,879
TOTAL ASSETS 3,696,789 3,672,073 3,673,966
CURRENT LIABILITIES:      
Cash overdraft     61,711
Accounts payable 277,989 206,941 425,956
Accrued liabilities:      
Compensation and benefits 142,603 296,120 189,509
Income taxes 1,855   54,682
Other 77,054 80,255 102,434
Current portion of lease liability 27,838 25,577 26,015
Current portion of long-term debt 3,020 2,942 42,895
TOTAL CURRENT LIABILITIES 530,359 611,835 903,202
LONG-TERM DEBT 275,002 275,154 379,015
LEASE LIABILITY 92,182 85,419 76,969
DEFERRED INCOME TAXES 51,254 51,265 61,278
OTHER LIABILITIES 35,550 44,697 35,330
TOTAL LIABILITIES 984,347 1,068,370 1,455,794
TEMPORARY EQUITY:      
Redeemable noncontrolling interest 6,801 6,880  
Controlling interest shareholders' equity:      
Preferred stock, no par value; shares authorized 1,000,000; issued and outstanding, none
Common stock, $1 par value; shares authorized 160,000,000; issued and outstanding, 62,095,570, 61,618,193 and 62,734,161 62,096 61,618 62,734
Additional paid-in capital 325,730 294,029 266,544
Retained earnings 2,293,025 2,217,410 1,851,784
Accumulated other comprehensive loss (5,074) (9,075) (3,170)
Total controlling interest shareholders' equity 2,675,777 2,563,982 2,177,892
Noncontrolling interest 29,864 32,841 40,280
TOTAL SHAREHOLDERS' EQUITY 2,705,641 2,596,823 2,218,172
TOTAL LIABILITIES, TEMPORARY EQUITY AND SHAREHOLDERS' EQUITY $ 3,696,789 $ 3,672,073 $ 3,673,966