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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 28, 2025
Dec. 28, 2024
 [1]
Current assets:    
Cash and cash equivalents $ 164,436 $ 206,407
Short-term investments 44,975 55,685
Accounts receivable, net 90,826 91,619
Inventories 137,831 141,861
Prepaid expenses 25,687 19,293
Other current assets 27,258 19,442
Total current assets 491,013 534,307
Property, plant and equipment, net 77,111 74,786
Goodwill 282,525 234,639
Intangible assets, net 96,718 110,717
Other assets 30,777 31,058
Operating lease right of use assets [2] 32,049 13,908
Assets 1,010,193 999,415
Current liabilities:    
Short-term borrowings 9,830 633
Current installments of long-term debt 1,250 1,115
Accounts payable 40,764 30,554
Customer advances 2,042 2,764
Accrued compensation and benefits 20,160 20,023
Deferred profit 6,630 3,589
Accrued warranty 3,032 2,971
Income taxes payable 2,387 2,394
Other accrued liabilities 14,470 21,141
Total current liabilities 100,565 85,184
Long-term debt 7,253 7,052
Deferred income taxes 18,173 19,402
Noncurrent income tax liabilities 6,324 5,691
Accrued retirement benefits 8,443 8,481
Long-term lease liabilities 32,116 9,893
Other accrued liabilities 6,776 6,821
Stockholders’ equity    
Preferred stock, $1 par value; 1,000 shares authorized, none issued 0 0
Common stock, $1 par value; 90,000 shares authorized, 49,745 shares issued and outstanding in 2025 and 49,601 shares in 2024 49,745 49,601
Paid-in capital 700,763 697,489
Treasury stock, at cost; 3,050 shares in 2025 and 2,891 shares in 2024 (88,385) (87,784)
Retained earnings 201,056 248,740
Accumulated other comprehensive loss (32,636) (51,155)
Total stockholders’ equity 830,543 856,891
Liabilities and Equity $ 1,010,193 $ 999,415
[1] Derived from December 28, 2024, audited financial statements
[2] In June 2025, we gained access to our new corporate headquarters located in San Diego, California enabling us to make certain preparations for our planned relocation on January 1, 2026, resulting in an increase to our operating lease asset and long term operating lease liability.