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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 27, 2025
Dec. 28, 2024
 [1]
Current assets:    
Cash and cash equivalents $ 149,944 $ 206,407
Short-term investments 48,213 55,685
Accounts receivable, net 123,895 91,619
Inventories 134,246 141,861
Prepaid expenses 25,686 19,293
Other current assets 31,532 19,442
Total current assets 513,516 534,307
Property, plant and equipment, net 77,122 74,786
Goodwill 282,293 234,639
Intangible assets, net 86,442 110,717
Other assets 31,199 31,058
Operating lease right of use assets [2] 30,699 13,908
Assets 1,021,271 999,415
Current liabilities:    
Short-term borrowings 9,714 633
Current installments of long-term debt 1,244 1,115
Accounts payable 51,341 30,554
Customer advances 3,246 2,764
Accrued compensation and benefits 24,652 20,023
Deferred profit 8,162 3,589
Accrued warranty 4,173 2,971
Income taxes payable 1,697 2,394
Other accrued liabilities 12,683 21,141
Total current liabilities 116,912 85,184
Long-term debt 6,881 7,052
Deferred income taxes 16,300 19,402
Noncurrent income tax liabilities 3,545 5,691
Accrued retirement benefits 7,679 8,481
Long-term lease liabilities 32,059 9,893
Other accrued liabilities 6,806 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 706,157 697,489
Treasury stock, at cost; 3,043 shares in 2025 and 2,891 shares in 2024 (88,193) (87,784)
Retained earnings 196,955 248,740
Accumulated other comprehensive loss (33,575) (51,155)
Total stockholders’ equity 831,089 856,891
Liabilities and Equity $ 1,021,271 $ 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.