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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 29, 2024
Dec. 30, 2023
Jul. 01, 2023
CURRENT ASSETS:      
Cash and cash equivalents $ 1,041,341 $ 1,118,329 $ 702,148
Restricted cash 761 3,927 761
Investments 36,740 34,745 38,459
Accounts receivable, net 724,921 549,499 802,300
Inventories:      
Raw materials 393,871 352,785 334,300
Finished goods 290,942 375,003 486,887
Total inventories 684,813 727,788 821,187
Refundable income taxes 27,499 29,327 13,717
Other current assets 37,954 38,474 36,486
TOTAL CURRENT ASSETS 2,554,029 2,502,089 2,415,058
DEFERRED INCOME TAXES 3,291 4,228 4,187
RESTRICTED INVESTMENTS 30,344 24,838 22,756
RIGHT OF USE ASSETS 124,903 103,774 105,907
OTHER ASSETS 101,292 87,438 96,079
GOODWILL 335,448 336,313 336,495
INDEFINITE-LIVED INTANGIBLE ASSETS 7,332 7,345 7,330
OTHER INTANGIBLE ASSETS, NET 162,358 175,195 138,117
PROPERTY, PLANT AND EQUIPMENT:      
Property, plant and equipment 1,638,880 1,559,304 1,447,482
Less accumulated depreciation and amortization (819,383) (782,727) (729,468)
PROPERTY, PLANT AND EQUIPMENT, NET 819,497 776,577 718,014
TOTAL ASSETS 4,138,494 4,017,797 3,843,943
CURRENT LIABILITIES:      
Accounts payable 263,318 203,055 264,408
Accrued liabilities:      
Compensation and benefits 172,790 232,331 183,910
Other 80,506 66,713 79,414
Current portion of lease liability 28,020 22,977 25,887
Current portion of long-term debt 43,754 42,900 2,385
TOTAL CURRENT LIABILITIES 588,388 567,976 556,004
LONG-TERM DEBT 232,979 233,534 274,821
LEASE LIABILITY 102,872 84,885 84,194
DEFERRED INCOME TAXES 44,787 45,248 51,018
OTHER LIABILITIES 33,027 35,934 36,137
TOTAL LIABILITIES 1,002,053 967,577 1,002,174
TEMPORARY EQUITY:      
Redeemable noncontrolling interest 18,931 20,030 6,772
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, 60,918,541, 61,621,004, and 61,865,006 60,919 61,621 61,865
Additional paid-in capital 371,771 354,702 335,494
Retained earnings 2,670,086 2,582,332 2,408,314
Accumulated other comprehensive loss (5,965) 1,106 (2,290)
Total controlling interest shareholders' equity 3,096,811 2,999,761 2,803,383
Noncontrolling interest 20,699 30,429 31,614
TOTAL SHAREHOLDERS' EQUITY 3,117,510 3,030,190 2,834,997
TOTAL LIABILITIES, TEMPORARY EQUITY AND SHAREHOLDERS' EQUITY $ 4,138,494 $ 4,017,797 $ 3,843,943