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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Apr. 01, 2023
CURRENT ASSETS:      
Cash and cash equivalents $ 979,746 $ 1,118,329 $ 423,299
Restricted cash 761 3,927 761
Investments 36,978 34,745 37,534
Accounts receivable, net 713,414 549,499 809,389
Inventories:      
Raw materials 410,959 352,785 425,835
Finished goods 334,336 375,003 534,503
Total inventories 745,295 727,788 960,338
Refundable income taxes 2,185 29,327  
Other current assets 36,036 38,474 35,692
TOTAL CURRENT ASSETS 2,514,415 2,502,089 2,267,013
DEFERRED INCOME TAXES 3,595 4,228 4,194
RESTRICTED INVESTMENTS 29,119 24,838 22,267
RIGHT OF USE ASSETS 128,846 103,774 116,564
OTHER ASSETS 96,977 87,438 99,516
GOODWILL 335,596 336,313 337,467
INDEFINITE-LIVED INTANGIBLE ASSETS 7,322 7,345 7,336
OTHER INTANGIBLE ASSETS, NET 168,209 175,195 142,277
PROPERTY, PLANT AND EQUIPMENT:      
Property, plant and equipment 1,596,622 1,559,304 1,408,360
Less accumulated depreciation and amortization (802,062) (782,727) (708,205)
PROPERTY, PLANT AND EQUIPMENT, NET 794,560 776,577 700,155
TOTAL ASSETS 4,078,639 4,017,797 3,696,789
CURRENT LIABILITIES:      
Accounts payable 254,902 203,055 277,989
Accrued liabilities:      
Compensation and benefits 133,513 232,331 142,603
Income taxes     1,855
Other 66,032 66,713 77,054
Current portion of lease liability 26,520 22,977 27,838
Current portion of long-term debt 44,051 42,900 3,020
TOTAL CURRENT LIABILITIES 525,018 567,976 530,359
LONG-TERM DEBT 233,046 233,534 275,002
LEASE LIABILITY 106,231 84,885 92,182
DEFERRED INCOME TAXES 44,726 45,248 51,254
OTHER LIABILITIES 34,140 35,934 35,550
TOTAL LIABILITIES 943,161 967,577 984,347
TEMPORARY EQUITY:      
Redeemable noncontrolling interest 19,383 20,030 6,801
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, 61,753,899, 61,621,004, and 62,095,570 61,754 61,621 62,096
Additional paid-in capital 362,231 354,702 325,730
Retained earnings 2,664,081 2,582,332 2,293,025
Accumulated other comprehensive loss (307) 1,106 (5,074)
Total controlling interest shareholders' equity 3,087,759 2,999,761 2,675,777
Noncontrolling interest 28,336 30,429 29,864
TOTAL SHAREHOLDERS' EQUITY 3,116,095 3,030,190 2,705,641
TOTAL LIABILITIES, TEMPORARY EQUITY AND SHAREHOLDERS' EQUITY $ 4,078,639 $ 4,017,797 $ 3,696,789