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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 28, 2024
Dec. 30, 2023
Sep. 30, 2023
CURRENT ASSETS:      
Cash and cash equivalents $ 1,190,807 $ 1,118,329 $ 957,092
Restricted cash 761 3,927 3,761
Investments 38,935 34,745 37,062
Accounts receivable, net 650,869 549,499 697,555
Inventories:      
Raw materials 337,180 352,785 316,628
Finished goods 308,249 375,003 428,119
Total inventories 645,429 727,788 744,747
Refundable income taxes 40,883 29,327 26,484
Other current assets 45,841 38,474 38,421
TOTAL CURRENT ASSETS 2,613,525 2,502,089 2,505,122
DEFERRED INCOME TAXES 4,118 4,228 3,489
RESTRICTED INVESTMENTS 32,695 24,838 23,653
RIGHT OF USE ASSETS 124,065 103,774 106,506
OTHER ASSETS 98,759 87,438 150,351
GOODWILL 336,092 336,313 328,221
INDEFINITE-LIVED INTANGIBLE ASSETS 7,350 7,345 7,316
OTHER INTANGIBLE ASSETS, NET 158,199 175,195 140,734
PROPERTY, PLANT AND EQUIPMENT:      
Property, plant and equipment 1,684,177 1,559,304 1,487,801
Less accumulated depreciation and amortization (841,095) (782,727) (749,109)
PROPERTY, PLANT AND EQUIPMENT, NET 843,082 776,577 738,692
TOTAL ASSETS 4,217,885 4,017,797 4,004,084
CURRENT LIABILITIES:      
Accounts payable 239,897 203,055 253,065
Accrued liabilities:      
Compensation and benefits 216,798 232,331 244,214
Other 76,791 66,713 78,691
Current portion of lease liability 28,442 22,977 24,326
Current portion of long-term debt 44,103 42,900 1,539
TOTAL CURRENT LIABILITIES 606,031 567,976 601,835
LONG-TERM DEBT 232,043 233,534 273,308
LEASE LIABILITY 101,741 84,885 86,571
DEFERRED INCOME TAXES 44,695 45,248 50,779
OTHER LIABILITIES 34,029 35,934 36,040
TOTAL LIABILITIES 1,018,539 967,577 1,048,533
TEMPORARY EQUITY:      
Redeemable noncontrolling interest 5,527 20,030 6,788
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, 60,724,664, 61,621,004, and 61,812,538 60,725 61,621 61,813
Additional paid-in capital 389,814 354,702 345,399
Retained earnings 2,728,281 2,582,332 2,517,252
Accumulated other comprehensive loss (4,386) 1,106 (5,083)
Total controlling interest shareholders' equity 3,174,434 2,999,761 2,919,381
Noncontrolling interest 19,385 30,429 29,382
TOTAL SHAREHOLDERS' EQUITY 3,193,819 3,030,190 2,948,763
TOTAL LIABILITIES, TEMPORARY EQUITY AND SHAREHOLDERS' EQUITY $ 4,217,885 $ 4,017,797 $ 4,004,084