Littelfuse (LFUS) 10-K 1 Mar 16 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Jan. 02, 2016	Feb. 19, 2016	Jun. 27, 2015
Entity Registrant Name	LITTELFUSE INC /DE
Entity Central Index Key	889,331
Trading Symbol	lfus
Current Fiscal Year End Date	--01-02
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Common Stock, Shares Outstanding (in shares)		22,342,813
Entity Public Float			$ 2,201,579,542
Document Type	10-K
Document Period End Date	Jan. 2, 2016
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jan. 02, 2016	Dec. 27, 2014
Current assets:
Cash and cash equivalents	$ 328,786,000	$ 297,571,000
Short-term investments	4,179,000	4,302,000
Accounts receivable, less allowances (2015 - $17,487; 2014 - $19,418)	142,882,000	135,356,000
Inventories	98,629,000	97,391,000
Prepaid expenses and other current assets	$ 8,959,000	13,904,000
Assets held for sale		5,500,000
Total current assets	$ 583,435,000	554,024,000
Property, plant, and equipment:
Land	5,236,000	5,697,000
Buildings	71,383,000	64,609,000
Equipment	382,429,000	370,179,000
Accumulated depreciation and amortization	(296,480,000)	(281,845,000)
Net property, plant and equipment	162,568,000	158,640,000
Intangible assets, net of amortization:
Patents, licenses and software	20,221,000	23,640,000
Distribution network	16,490,000	19,428,000
Customer lists, trademarks and tradenames	54,912,000	60,605,000
Goodwill	189,767,000	196,256,000
Investments	15,197,000	12,056,000
Deferred income taxes	8,333,000	22,874,000
Other assets	14,058,000	23,303,000
Total assets	1,064,981,000	1,070,826,000
LIABILITIES AND EQUITY
Accounts payable	51,658,000	50,793,000
Accrued payroll	32,611,000	30,511,000
Accrued expenses	24,145,000	13,059,000
Accrued severance	3,798,000	790,000
Accrued income taxes	$ 10,621,000	9,045,000
Current portion of accrued post-retirement benefits		11,768,000
Current portion of long-term debt	$ 87,000,000	88,500,000
Total current liabilities	209,833,000	204,466,000
Long-term debt, less current portion	84,474,000	106,658,000
Deferred income taxes	8,014,000	11,076,000
Accrued post-retirement benefits	5,653,000	5,147,000
Other long-term liabilities	$ 12,809,000	$ 15,814,000
Shareholders’ equity:
Preferred stock, par value $0.01 per share: 1,000,000 shares authorized; no shares issued and outstanding
Common stock, par value $0.01 per share: 34,000,000 shares authorized; shares issued, 2015 –22,420,785; 2014 – 22,585,529	$ 224,000	$ 226,000
Treasury stock, at cost: 362,748 and 199,266 shares, respectively	(32,766,000)	(18,724,000)
Additional paid-in capital	259,553,000	243,844,000
Accumulated other comprehensive income	(45,671,000)	(21,126,000)
Retained earnings	562,717,000	523,302,000
Littelfuse, Inc. shareholders’ equity	744,055,000	727,522,000
Non-controlling interest	143,000	143,000
Total equity	744,198,000	727,665,000
Total liabilities and equity	$ 1,064,981,000	$ 1,070,826,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Jan. 02, 2016	Dec. 27, 2014
Accounts receivable, allowances	$ 17,487	$ 19,418
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	34,000,000	34,000,000
Common stock, shares issued (in shares)	22,420,785	22,585,529
Common stock, shares outstanding (in shares)	22,420,785	22,585,529
Treasury stock, at cost (in shares)	362,748	199,266

Consolidated Statements of Net

Consolidated Statements of Net Income - USD ($) shares in Thousands	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Net sales	$ 867,864,000	$ 851,995,000	$ 757,853,000
Cost of sales	537,365,000	527,567,000	461,621,000
Gross profit	330,499,000	324,428,000	296,232,000
Selling, general and administrative expenses	153,714,000	146,975,000	132,657,000
Research and development expenses	30,802,000	$ 31,122,000	$ 24,415,000
Pension settlement expenses	29,928,000
Amortization of intangibles	11,898,000	$ 12,501,000	$ 9,279,000
Total operating expenses	226,342,000	190,598,000	166,351,000
Operating income	104,157,000	133,830,000	129,881,000
Interest expense	$ 4,091,000	$ 4,903,000	2,917,000
Impairment and equity in net loss of unconsolidated affiliate			10,678,000
Foreign exchange (gain) loss	$ (1,465,000)	$ 3,925,000	(3,303,000)
Other expense (income), net	(5,417,000)	(6,644,000)	(4,646,000)
Income before income taxes	106,948,000	131,646,000	124,236,000
Income taxes	24,482,000	32,228,000	35,451,000
Net income	$ 82,466,000	$ 99,418,000	$ 88,784,000
Income per share:
Basic (in dollars per share)	$ 3.65	$ 4.41	$ 3.98
Diluted (in dollars per share)	$ 3.63	$ 4.37	$ 3.94
Weighted-average shares and equivalent shares outstanding:
Weighted-average shares (in shares)	22,565	22,543	22,315
Adjusted for weighted-average shares & assumed conversions (in shares)	22,719	22,727	22,537

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014		Dec. 28, 2013
Net income	$ 82,466	$ 99,418		$ 88,784
Other comprehensive income (loss):
Pension liability adjustments (net of tax of $106, $6,308 and ($5,270), respectively)	(1,761)	$ (12,475)	[1]	$ 3,739
Pension and postemployment reclassification adjustments, (net of tax of $746, $0 and $0, respectively)	1,530
Unrealized gain on investments	793	$ 1,398	[2]	$ 1,526
Reclassification of pension settlement costs to expense (net of tax of $11,742, $0 and $0, respectively)	21,124
Foreign currency translation adjustments	(46,231)	$ (30,466)		$ (1,396)
Comprehensive income	$ 57,921	$ 57,875		$ 92,653
[1]	Net of tax of $661, $12,587, and $6,549 for 2015, 2014 and 2013, respectively.
[2]	Net of tax of $0, $0 and $0 for 2015, 2014 and 2013, respectively.

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Parentheticals) - USD ($)	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Pension liability adjustments, tax	$ 106,000	$ 6,308,000	$ (5,270,000)
Reclassification adjustment, tax	746,000	0	0
Pension settlement adjustment, tax	$ 11,742,000	$ 0	$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Operating activities
Net income	$ 82,466,000	$ 99,418,000	$ 88,784,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	29,701,000	29,374,000	25,201,000
Amortization of Intangible Assets	$ 11,898,000	12,501,000	$ 9,279,000
Impairment of assets		293,000
Provision for bad debts	$ 164,000	130,000	$ 289,000
Non-cash inventory charge		$ 2,769,000	$ 1,525,000
Net loss on pension settlement, net of tax	$ 19,308,000
Impairment And Equity In Net Loss Of Unconsolidated Affiliate			$ 10,678,000
Loss on sale of property, plant and equipment	$ 1,253,000	$ 1,042,000	92,000
Stock-based compensation	10,266,000	9,069,000	8,609,000
Excess tax benefit on share-based compensation	(1,891,000)	(2,843,000)	(4,054,000)
Deferred income taxes	11,479,000	(4,488,000)	6,640,000
Changes in operating assets and liabilities:
Accounts receivable	(14,377,000)	(13,062,000)	(16,683,000)
Inventories	(3,577,000)	(2,258,000)	(5,486,000)
Accounts payable	2,573,000	17,281,000	2,000,000
Accrued expenses (including post-retirement)	6,482,000	(1,577,000)	(8,906,000)
Accrued payroll and severance	5,883,000	2,360,000	8,032,000
Accrued taxes	(1,043,000)	(549,000)	(10,773,000)
Prepaid expenses and other	5,241,000	3,681,000	2,140,000
Net cash provided by operating activities	165,826,000	153,141,000	117,367,000
Investing activities
Acquisitions of businesses, net of cash acquired	$ (4,558,000)	(56,368,000)	(144,382,000)
Purchases of short-term investments		$ (4,331,000)	$ (8,478,000)
Purchase of cost method investment	$ (3,500,000)
Proceeds from maturities of short-term investments		$ 6,770,000	$ 2,044,000
Decrease (increase) in entrusted loan receivable (see note 7)	$ 7,811,000	(17,908,000)
Purchases of property, plant and equipment	(44,019,000)	(32,281,000)	$ (34,953,000)
Proceeds from sale of property, plant and equipment	102,000	125,000	176,000
Net cash used in investing activities	(44,164,000)	(103,993,000)	(185,593,000)
Financing activities:
Proceeds from debt	49,000,000	97,500,000	260,500,000
Payments of term debt	(8,750,000)	(5,000,000)	(1,250,000)
Payments of revolving credit facility	(55,500,000)	(135,000,000)	(123,500,000)
Proceeds from exercise of stock options	9,150,000	14,061,000	$ 21,959,000
(Payments) proceeds from entrusted loan (see note 7)	(7,811,000)	17,908,000
Debt issuance costs	(42,000)	(107,000)	$ (809,000)
Cash dividends paid	(24,341,000)	(21,175,000)	(18,722,000)
Excess tax benefit on share-based compensation	1,891,000	2,843,000	$ 4,054,000
Purchases of common stock	(31,252,000)	(14,283,000)
Net cash (used in) provided by financing activities	(67,655,000)	(43,253,000)	$ 142,232,000
Effect of exchange rate changes on cash and cash equivalents	(22,792,000)	(13,516,000)	(4,218,000)
Increase (decrease) in cash and cash equivalents	31,215,000	(7,621,000)	69,788,000
Cash and cash equivalents at beginning of year	297,571,000	305,192,000	235,404,000
Cash and cash equivalents at end of year	$ 328,786,000	$ 297,571,000	$ 305,192,000

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Total
Balance at Dec. 29, 2012	$ 220	$ 195,803	$ (60,496)	$ 16,548	$ 435,340	$ 143	$ 587,558
Comprehensive income:
Net income					88,784		88,784
2014 activity				3,739			3,739
2014 activity				1,526			1,526
2014 activity				(1,396)			(1,396)
Comprehensive income							92,653
Stock-based compensation		8,609					8,609
Withheld			(2,200)				$ (2,200)
Retirement of 1,576,757 shares of treasury stock			60,343		(60,343)
Stock options exercised	5	19,013					$ 19,018
Cash dividends paid					(18,722)		(18,722)
Balance at Dec. 28, 2013	225	223,425	(2,353)	20,417	445,059	143	$ 686,916
Comprehensive income:
Pension settlement, including tax impact of ($11,742)
Pension and postemployment reclassification adjustments, including tax impact of ($746)
Net income					99,418		$ 99,418
2014 activity				(12,475)			(12,475)	[1]
2014 activity				1,398			1,398	[2]
2014 activity				(30,466)			(30,466)
Comprehensive income							57,875
Stock-based compensation		6,926					6,926
Withheld			(2,655)				(2,655)
Stock options exercised	3	14,058					14,061
Cash dividends paid					(21,175)		(21,175)
Balance at Dec. 27, 2014	226	243,844	(18,724)	(21,126)	523,302	143	727,665
Comprehensive income:
Purchase of 161,751 shares of common stock	(2)	(565)	(13,716)				$ (14,283)
Pension settlement, including tax impact of ($11,742)
Pension and postemployment reclassification adjustments, including tax impact of ($746)
Net income					82,466		$ 82,466
2014 activity				(1,761)			20,893	[1]
2014 activity				793			793	[2]
2014 activity				(46,231)			(46,231)
Comprehensive income							57,921
Stock-based compensation		7,782					7,782
Withheld			(2,727)				$ (2,727)
Retirement of 1,576,757 shares of treasury stock			18,712		(18,712)
Stock options exercised	2	9,148					$ 9,150
Cash dividends paid					(24,341)		(24,341)
Balance at Jan. 02, 2016	224	259,553	(32,766)	(45,671)	$ 562,715	$ 143	744,198
Comprehensive income:
Purchase of 161,751 shares of common stock	$ (4)	$ (1,221)	$ (30,027)				(31,252)
Pension settlement, including tax impact of ($11,742)				21,124			21,124
Pension and postemployment reclassification adjustments, including tax impact of ($746)				$ 1,530			$ 1,530
[1]	Net of tax of $661, $12,587, and $6,549 for 2015, 2014 and 2013, respectively.
[2]	Net of tax of $0, $0 and $0 for 2015, 2014 and 2013, respectively.

Consolidated Statements of Equ9

Consolidated Statements of Equity (Parentheticals) - USD ($)	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Treasury Stock [Member]
Shares withheld on restricted stock grants for withholding taxes (in shares)	28,286	19,439	32,671
Treasury stock, retired (in shares)	214,609		1,576,757
Stock Repurchased During Period, Shares	350,000	161,751
Common Stock [Member]
Stock options exercised, tax impact	$ 2,485,000	$ 2,143,000	$ 2,940,000
Retained Earnings [Member]
Cash dividends paid, per share (in dollars per share)	$ 1.08	$ 0.94	$ 0.84
AOCI Attributable to Parent [Member]
Pension settlement adjustment, tax	$ 11,472
Reclassification adjustments, tax	$ 746,000
Stock Repurchased During Period, Shares	350,000
Pension settlement adjustment, tax		$ 0	$ 0
Reclassification adjustments, tax		$ 0	$ 0

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies and Other Information	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. Summary of Significant Accounting Policies and Other Information Nature of Operations Fiscal Year Basis of Presentation The Consolidated Financial Statements include the accounts of Littelfuse, Inc. and its subsidiaries. All significant intercompany accounts and transactions have been eliminated. The company’s Consolidated Financial Statements were prepared in accordance with generally accepted accounting principles in the United States of America and include the assets, liabilities, revenues and expenses of all wholly-owned subsidiaries and majority-owned subsidiaries over which the company exercises control. Use of Estimates Cash Equivalents Short-Term and Long-Term Investments Fair Value of Financial Instruments Accounts Receivable The company performs credit evaluations of customers’ financial condition and generally does not require collateral. Credit losses are provided for in the financial statements based upon specific knowledge of a customer’s inability to meet its financial obligations to the company. Historically, credit losses have consistently been within management’s expectations and have not been a material amount. A receivable is considered past due if payments have not been received within agreed upon invoice terms. Write-offs are recorded at the time a customer receivable is deemed uncollectible. The company also maintains allowances against accounts receivable for the settlement of rebates and sales discounts to customers. These allowances are based upon specific customer sales and sales discounts as well as actual historical experience. Inventories Investment in Unconsolidated Affiliate : Property, Plant and Equipment Goodwill and Indefinite-Lived Intangible Assets: The company annually tests goodwill and indefinite-lived intangible assets for impairment on the first day of its fiscal fourth quarter or at other dates if there is an event or change in circumstances that indicates the asset may be impaired. The company has eight reporting units for testing purposes. Management determines the fair value of each of its reporting units by using a discounted cash flow model (which includes forecasted five-year income statement and working capital projections, a market-based weighted average cost of capital and terminal values after five years) to estimate market value. In addition, the company compares its derived enterprise value on a consolidated basis to the company’s market capitalization as of its test date to ensure its derived value approximates the market value of the company when taken as a whole. As of the most recent annual test conducted on September 27, 2015, the company concluded the fair value of each of the reporting units exceeded its carrying value of invested capital and therefore, no potential goodwill impairment existed. Specifically, the company noted that its headroom, defined as the excess of fair value over the carrying value of invested capital, was 148%, 95%, 188%, 218%, 76%, 26%, 12% and 198% for its electronics (non-silicon), electronics (silicon), passenger car products, commercial vehicle products, automotive sensor products, relay, custom and power fuse reporting units, respectively, at September 27, 2015. Certain key assumptions used in the annual test included a discount rate of 11.7% and a long-term growth rate of 3.0% which were used for all reporting units except for automotive sensor and relay which had a discount rate of 13.7% as a result of a 2.0% premium factor and custom products which had a discount rate of 14.7% as a result of a 3.0% premium factor. In addition, the company performed a sensitivity test at September 27, 2015 that showed a 100 basis point increase in its discount rate or a 100 basis point decrease in the long-term growth rate for each reporting unit would not have changed the company’s conclusion that no potential goodwill impairment existed at September 27, 2015. The company will continue to perform a goodwill and indefinite-lived intangible asset impairment test as required on an annual basis and on an interim basis, if certain impairment conditions exist. Factors the company considers important, which could result in changes to its estimates, include underperformance relative to historical or projected future operating results and declines in acquisitions and trading multiples. Due to the diverse end user base and non-discretionary product demand, the company does not believe its future operating results will vary significantly relative to its historical and projected future operating results. Other Intangible Assets Environmental Liabilities Pension and Other Post-retirement Benefits Reclassifications: Revenue Recognition At the end of each period, for those shipments where title to the products and the risk of loss and rewards of ownership do not transfer until the product has been received by the customer, the company adjusts revenues and cost of sales for the delay between the time that the products are shipped and when they are received by the customer. The company’s distribution channels are primarily through direct sales and independent third party distributors. Revenue and Billing Returns and Credits Return to Stock: Volume Rebates : The company offers incentives to certain customers to achieve specific quarterly or annual sales targets. If customers achieve their sales targets, they are entitled to rebates. The company estimates the future cost of these rebates and recognizes this estimated cost as a reduction to revenue as products are sold. Allowance for Doubtful Accounts: company reasonably believes is collectible. The company also records allowances for all other customers based on a variety of factors including the length of time the receivables are past due, the financial health of the customer, macroeconomic considerations and past experience. Accounts receivable balances that are deemed to be uncollectible, are written off against the reserve on a case-by-case basis. Historically, the allowance for doubtful accounts has been adequate to cover bad debts. If circumstances related to specific customers change, the estimates of the recoverability of receivables could be further adjusted. However, due to the company’s diverse customer base and lack of credit concentration, the company does not believe its estimates would be materially impacted by changes in its assumptions. Advertising Costs Shipping and Handling Fees and Costs Foreign Currency Translation /Remeasurement Stock-based Compensation Other E xpense ( I ncome), N et : , was ($5.4 million), ($6.6 million) and ($4.6 million) of income in 2015, 2014, and 2013, respectively. Income Taxes: Accounting Pronouncements In May 2014, the FASB amended prior authoritative guidance for revenue recognition which provides a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and will supersede most current revenue recognition guidance. The standard is effective for public entities for annual and interim periods beginning after December 15, 2016. Early adoption is not permitted. The guidance permits two implementation approaches, one requiring retrospective application of the new standard with restatement of prior years and one requiring prospective application of the new standard with disclosure of results under old standards. The company is currently evaluating the impact of the adoption of this accounting standard on its consolidated financial statements.

Note 2 - Acquisition of Busines

Note 2 - Acquisition of Businesses	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	2. Acquisition of Business es The company accounts for acquisitions using the purchase method in accordance with ASC 805, “Business Combinations.” The results of operations of each acquisition have been included in the accompanying consolidated financial statements as of the dates of the acquisition. Acquisition-related costs associated with acquisition activity were $4.6 million, $0.5 million and $1.7 million for fiscal years 2015, 2014, and 2013, respectively and were recorded in Selling, general and administrative expenses. Sigmar S.r.l On October 1, 2015, the company acquired 100% of Sigmar S.r.l. (“Sigmar”). The total purchase price for Sigmar is $5.4 million, net of cash acquired, subject to post-closing adjustments. The purchase also includes an earn-out clause of an additional payment of up to $0.6 million, subject to the achievement of certain milestones. Located in Ozegna, Italy, Sigmar is a leading global manufacturer of water-in-fuel and selective catalytic reduction (SCR) quality sensors, as well as diesel fuel heaters, solenoid valves and rotating oil filters for automotive and commercial vehicle applications. The acquisition further expands the company’s automotive sensor product line offerings within its Automotive business segment. The company funded the acquisition with available cash. The following table sets forth the preliminary purchase price allocation for Sigmar acquisition-date net assets, in accordance with the purchase method of accounting with adjustments to record the acquired net assets at their estimated fair values. Sigmar preliminary purchase price allocation (in thousands): Cash $ 230 Current assets, net 4,011 Property, plant and equipment 1,097 Goodwill 2,060 Patents 2,845 Current liabilities (1,704 ) Other non-current liabilities (2,906 ) $ 5,633 All Sigmar goodwill and other assets and liabilities were recorded in the Automotive business unit segment and reflected in the Europe geographical area. The patents are being amortized over 10 years. The goodwill resulting from this acquisition consists largely of the company’s expected future product sales and synergies from combining Sigmar’s products with the company’s existing automotive product offerings. Goodwill for the above acquisition is not expected to be deductible for tax purposes. Sym C om On January 3, 2014, the company acquired 100% of SymCom, Inc. (“SymCom”) for $52.8 million net of cash acquired. Located in Rapid City, South Dakota, SymCom provides overload relays and pump controllers primarily to the industrial market. The acquisition allows the company to strengthen its position in the relay products market by adding new products and new customers within its Industrial business unit segment. The company funded the acquisition with available cash and proceeds from credit facilities . The following table sets forth the final purchase price allocation for SymCom acquisition-date net assets, in accordance with the purchase method of accounting with adjustments to record the acquired net assets at their estimated fair values. SymCom final purchase price allocation (in thousands): Cash $ 325 Current assets, net 9,154 Property, plant and equipment 11,193 Goodwill 15,018 Trademarks 17,020 Patents 1,500 Other non-current assets 20 Current liabilities (1,137 ) $ 53,093 All SymCom goodwill and other assets and liabilities were recorded in the Industrial business segment and reflected in the Americas geographical area. The trademarks are being amortized over 15 to 20 years. The patents are being amortized over 16 to 17 years. The goodwill resulting from this acquisition consists largely of the company’s expected future product sales and synergies from combining SymCom’s products with the company’s existing electrical product offerings. Goodwill for the above acquisition is expected to be deductible for tax purposes. As required by purchase accounting rules, the company initially recorded a $2.6 million step-up of inventory to its fair value as of the acquisition date based on the preliminary valuation. During the first quarter of 2014, as a portion of this inventory was sold, cost of goods sold included a $1.4 million non-cash charge for this step-up. During the second quarter of 2014, the inventory step-up valuation was finalized at $2.8 million which resulted in an additional $1.4 million non-cash charge to cost of goods sold for the second quarter of 2014. Pro forma financial information is not presented for the above acquisitions due to amounts not being materially different than actual results.

Note 3 - Inventories

Note 3 - Inventories	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Inventory Disclosure [Text Block]	3. Inventories The components of inventories at January 2, 2016 and December 27, 2014 are as follows (in thousands): 201 5 201 4 Raw materials $ 33,599 $ 29,756 Work in process 16,479 15,164 Finished goods 48,551 52,471 Total $ 98,629 $ 97,391

Note 4 - Goodwill and Other Int

Note 4 - Goodwill and Other Intangible Assets	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	4. Goodwill and Other Intangible Assets The amounts for goodwill and changes in the carrying value by business unit segment are as follows at January 2, 2016 and December 27, 2014 (in thousands): 20 15 Additions (Reductions) (a) Adjust ments ( c ) 20 14 Additions (Reductions) ( b ) Adjust ments ( c ) 20 13 Electronics $ 58,246 $ (524 ) $ (1,740 ) $ 60,510 $ 1,654 $ (1,590 ) $ 60,446 Automotive 80,262 1,994 (3,449 ) 81,717 — (3,264 ) 84,981 Industrial 51,259 — (2,770 ) 54,029 14,920 (1,928 ) 41,037 Total $ 189,767 $ 1,470 $ (7,959 ) $ 196,256 $ 16,574 $ (6,782 ) $ 186,464 (a) Electronics reduction resulted from reclassification of goodwill to customer lists. Automotive addition of $2.0 million resulted from business acquisitions. ( b ) Electronics addition of $1.7 million and Industrial addition of $14.9 million in 2014 resulted from business acquisitions. ( c ) Adjustments reflect the impact of changes in foreign exchange rates. There were no accumulated goodwill impairment losses at January 2, 2016, December 27, 2014 or December 28, 2013. The company recorded amortization expense of $11.9 million in 2015, $12.5 million in 2014 and $9.3 million in 2013. The details of other intangible assets and related future amortization expense of existing intangible assets at January 2, 2016 and December 27, 2014 are as follows: 201 5 2014 (in thousands) Weighted Average Useful Life Gross Carrying Value Accumulated Amortization Weighted Average Useful Life Gross Carrying Value Accumulated Amortization Patents, licenses and software (a) 11.6 $ 61,297 $ 41,076 11.7 $ 62,378 $ 38,738 Distribution network ( a ) 12.4 45,564 29,074 12.4 46,850 27,422 Customer lists, trademarks and tradenames ( a ) 13.0 81,233 30,534 13.2 80,821 25,246 Tradenames ( b ) — 4,213 — — 5,030 — Total 12.4 $ 192,307 $ 100,684 12.5 $ 195,079 $ 91,406 (a) Decrease to gross carrying value in 2015 primarily due to the impact of foreign currency translation adjustments partially offset by the preliminary Sigmar acquisition purchase price allocation discussed in Note 2. ( b ) Tradenames with indefinite lives. Estimated amortization expense related to intangible assets with definite lives at January 2, 2016 is as follows (in thousands): 2016 $ 11,162 2017 10,745 2018 10,628 2019 10,582 2020 10,582 2021 and thereafter 33,711 $ 87,410

Note 5 - Investments

Note 5 - Investments	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Cost and Equity Method Investments Disclosure [Text Block]	5. Other I nvestment s The company’s other investments represent shares of Polytronics Technology Corporation Ltd. (“Polytronics”), a Taiwanese company and shares of Monolith Semiconductor, Inc. (“Monolith”), a Texas-based startup company. Polytronics The Polytronics investment was acquired as part of the Littelfuse GmbH acquisition. The company’s Polytronics shares held at the end of fiscal 2015 and 2014 represent approximately 7.2% of total Polytronics shares outstanding. The fair value of the Polytronics investment was €10.7 million (approximately $11.7 million) at January 2, 2016 and €9.9 million (approximately $12.1 million) at December 27, 2014. Included in 2015 other comprehensive income is an unrealized gain of $0.9 million, due to the increase in fair market value of the Polytronics investment. The remaining movement year over year was due to the impact of changes in exchange rates. Monolith In December 2015, the company invested $3.5 million in the preferred stock of Monolith, a U.S. start-up company developing silicon carbide (SiC) technology, which represents approximately 12% of the common stock of Monolith on an as-converted basis. The company accounts for its investment in Monolith under the cost method with any changes in value recorded in other comprehensive income. The value of the Monolith investment was $3.5 million at January 2, 2016.

Note 6 - Investment in Unconsol

Note 6 - Investment in Unconsolidated Affiliate	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Investments in and Advances to Affiliates, Schedule of Investments [Text Block]	6. Investment in Unconsolidated Affiliate Investments in unconsolidated entities over which the company has significant influence over the investees’ operating and financing activities are accounted for under the equity method of accounting. Investments in affiliates in which the company does not have such ability are accounted for under the cost method of accounting. In April 2012, the company invested an additional $10.0 million in certain common and preferred stock of Shocking Technologies, Inc. (“Shocking”) increasing its previous investment interest in Shocking to $16.0 million or approximately 18.4%. In addition, in late-November 2012, the company provided an Impairment During the first quarter of 2013, the company fully impaired its investment in a loan receivable from Shocking owing to their filing for Chapter 7 bankruptcy on March 12, 2013. The impairment charge of approximately $10.7 million consisted of the remaining equity method investment of $8.7 million and a $2.0 million loan receivable, and reduced the carrying value of both the investment and loan receivable to zero at March 30, 2013. During the fourth quarter of 2013, the company incurred a $6.1 million charge to income tax expense related to the company’s investment in Shocking which had been fully impaired and written off as described above. $3.3 million of this charge was pushed back to the first quarter of 2013 with the remaining $2.8 million (which related to the fourth quarter of 2012) recorded in the fourth quarter of 2013 as the correction of an immaterial error under ASC 250. This charge was determined to be a capital loss for tax purposes, instead of an ordinary loss as the company had previously determined in consultation with a third party expert.

Note 7 - Debt

Note 7 - Debt	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Debt Disclosure [Text Block]	7 . Debt The carrying amounts of debt at January 2, 2016 and December 27, 2014 are as follows (in thousands): 20 15 20 14 Term loan $ 85,000 $ 93,750 Revolving credit facility 77,000 83,500 Entrusted loan 9,474 17,908 Total debt 171,474 195,158 Less: Current maturities 87,000 88,500 Total long-term debt $ 84,474 $ 106,658 Term Loan and Revolving Credit Facilities On May 31, 2013, the company entered into a new credit agreement with J.P. Morgan Securities LLC for up to $325.0 million which consists of an unsecured revolving credit facility of $225.0 million and an unsecured term loan of $100.0 million. The credit agreement is for a five year period. At January 2, 2016, the company had available $197.9 million of borrowing capacity under the credit agreement at an interest rate of LIBOR plus 1.25%, or a total interest rate of 1.68% as of January 2, 2016. The credit agreement replaced the company’s previous credit agreement dated June 13, 2011, which was terminated on May 31, 2013. The company incurred debt issuance costs of $0.8 million which will be amortized over the life of the new credit agreement. On January 30, 2014, the company increased the unsecured revolving credit facility entered into on May 31, 2013 by $50.0 million, thereby increasing the total revolver borrowing capacity from $225.0 million to $275.0 million. The company incurred debt issuance costs of $0.1 million which will be amortized over the life of the existing credit agreement. This arrangement contains covenants that, among other matters, impose limitations on the incurrence of additional indebtedness, future mergers, sales of assets, payment of dividends and changes in control, as defined in the agreement. In addition, the company is required to satisfy certain financial covenants and tests relating to, among other matters, interest coverage and leverage. At January 2, 2016, the company was in compliance with all covenants under the revolving credit facility. The company assumed three credit lines with the acquisition of Hamlin totaling RMB 41.0 million (approximately $6.6 million) as of June 29, 2013 with expiration dates from August 23, 2013 through April 22, 2014. Two of these credit lines expired during the third quarter of 2013 and the remaining credit line expired during the second quarter of 2014. For the fiscal years ended January 2, 2016, December 27, 2014 and December 28, 2013, the company had $0.1, $0.8 and $0.8 million outstanding in letters of credit, respectively. No amounts were drawn under these lines of credit at January 2, 2016. Entrust ed Loan During 2014, the company entered into an entrusted loan arrangement (“Entrusted Loan”) of RMB 110.0 million (approximately $17.9 million) between two of its China legal entities, Littelfuse Semiconductor (Wuxi) Company (the “ Lender Borrower Interest paid on all company debt was approximately $4.1 million in 2015, $4.9 million in 2014 and $2.9 million in 2013.

Note 8 - Financial Instruments

Note 8 - Financial Instruments and Risk Management	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	8 . Financial Instruments and Risk Management Occasionally, the company uses financial instruments to manage its exposures to movements in commodity prices, foreign exchange and interest rates. The use of these financial instruments modifies the company’s exposure to these risks with the goal of reducing the risk or cost to the company. The company does not use derivatives for trading purposes and is not a party to leveraged derivative contracts.

Note 9 - Fair Value of Assets a

Note 9 - Fair Value of Assets and Liabilities	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	9 . Fair Value of Assets and Liabilities Applicable accounting literature establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Applicable accounting literature defines levels within the hierarchy based on the reliability of inputs as follows: Level 1—Valuations based on unadjusted quoted prices for identical assets or liabilities in active markets; Level 2—Valuations based on quoted prices for similar assets or liabilities or identical assets or liabilities in less active markets, such as dealer or broker markets; and Level 3—Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable, such as pricing models, discounted cash flow models and similar techniques not based on market, exchange, dealer or broker-traded transactions. Following is a description of the valuation methodologies used for instruments measured at fair value and their classification in the valuation hierarchy. Investment s Investments in equity securities listed on a national market or exchange are valued at the last sales price. Such securities are further detailed in Note 5 and classified within Level 1 of the valuation hierarchy. The company has an investment in Monolith as described in Note 5 to the Notes to Consolidated Financial Statements for which the value of $3.5 million represents the cost of the investment. There were no changes during the year ended January 2, 2016 to the company’s valuation techniques used to measure asset and liability fair values on a recurring basis. As of January 2, 2016 and December 27, 2014, the company held no non-financial assets or liabilities that are required to be measured at fair value on a recurring basis. The following table presents assets measured at fair value by classification within the fair value hierarchy as of January 2, 2016 (in thousands): Fair Value Measurements Using Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) Total Investment in Polytronics $ 11,697 $ — $ — $ 11,697 Total $ 11,697 $ — $ — $ 11,697 The following table presents assets measured at fair value by classification within the fair value hierarchy as of December 27, 2014 (in thousands): Fair Value Measurements Using Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) Total Investment in Polytronics $ 12,056 $ — $ — $ 12,056 Total $ 12,056 $ — $ — $ 12,056 The company’s other financial instruments include cash and cash equivalents, short-term investments, accounts receivable and long-term debt. Due to their short-term maturity, the carrying amounts of cash and cash equivalents, short-term investments and accounts receivable approximate their fair values. The company’s long-term debt fair value approximates book value at January 2, 2016 and December 27, 2014.

Note 10 - Coal Mining Liability

Note 10 - Coal Mining Liability	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Other Liabilities Disclosure [Text Block]	10. Coal Min ing Liability Included in other long-term liabilities is an accrual related to former coal mining operations at Littelfuse GmbH (formerly known as Heinrich Industries, AG) for the amounts of €1.8 million ($2.0 million) and €1.9 million ($2.4 million) at January 2, 2016 and December 27, 2014, respectively. Management, in conjunction with an independent third-party, performs an annual evaluation of the former coal mining operations in order to develop an estimate of the probable future obligations in regard to remediating the dangers (such as a shaft collapse) of abandoned coal mine shafts in the former coal mining operations. Management accrues for costs associated with such remediation efforts based on management's best estimate when such costs are probable and reasonably able to be estimated. The ultimate determination can only be done after respective investigations because the concrete conditions are mostly unknown at this time. The accrual is not discounted as management cannot reasonably estimate when such remediation efforts will take place.

Note 11 - Asset Impairments

Note 11 - Asset Impairments	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Asset Impairment Charges [Text Block]	11. Asset Impairments The company recorded no impairments of assets during the year ended January 2, 2016. For the year ended December 27, 2014, the company recorded an asset impairment charge of approximately $0.3 million within selling, general and administrative expenses. This charge reflects the write-down of assets from project cancellations. The charge was recognized as an “other” charge for segment reporting purposes. The carrying values of the company’s assets held for sale were $0.0 million and $5.5 million for the previously closed manufacturing facility in Des Plaines, Illinois as of January 2, 2016 and December 27, 2014, respectively.

Note 12 - Benefit Plans

Note 12 - Benefit Plans	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	12 . Benefit Plans The company previously had a company-sponsored defined benefit pension plan, the Littelfuse Inc. Retirement Plan, which covered certain of its North American employees. The amount of the retirement benefit was based on years of service and final average pay. The plan also provided a temporary supplemental retirement income benefit to help retirees pay the cost of post-retirement medical coverage if the retiree has reached age 62 and has provided at least ten years of service prior to retirement. Such benefits generally cease once the retiree attains age 65. The plan was frozen in 2009 and terminated in 2015 as described below. The company also has company-sponsored defined benefit pension plans covering employees in the U.K., Germany, Japan, Singapore and the Philippines. The amount of the retirement benefits provided under the plans is based on years of service and final average pay. Littelfuse Inc. Retirement Plan Termination The company received approval from the IRS on April 14, 2015 on its Application for Determination for Terminating Plan to terminate the U.S. defined benefit pension plan, the Littelfuse Inc. Retirement Plan, effective July 30, 2014. All plan liabilities were settled (either via lump sum payout or purchase of a group annuity contract) in the third quarter of 2015. A cash contribution of $9.1 million was made to the U.S. defined benefit plan’s trust in the third quarter of 2015 to fully fund the plan on a buyout basis, and the eventual settlement of the plan’s liabilities triggered a settlement charge of $30.2 million in the third quarter of 2015. In the fourth quarter of 2015 there was an adjustment to the price of the annuity contract which resulted in a refund of premium to the company of $0.3 million. This refund of premium, effectively a re-measurement gain, was recognized in the fourth quarter of 2015 as a dollar-for-dollar adjustment to the $30.2 million earnings charge recognized in the third quarter of 2015, resulting in a final settlement loss of $29.9 million for the fiscal year ended January 2, 2016. Total pension expense was $32.4 million, $0.3 million and $0.8 million in 2015, 2014 and 2013, respectively. The increase in pension expense in 2015 primarily resulted from the termination and settlement of the U.S. plan. The decrease in pension expense in 2014 resulted from returns on assets exceeding interest and service costs. Benefit plan related information is as follows: 201 5 201 4 (In thousands) U.S. Foreign Total U.S. Foreign Total Change in benefit obligation: Benefit obligation at beginning of year $ 105,759 $ 52,740 $ 158,499 $ 84,422 $ 50,331 $ 134,753 Service cost 750 824 1,574 600 925 1,525 Interest cost 3,093 1,735 4,828 3,884 2,060 5,944 Net actuarial loss (gain) (9,127 ) 648 (8,479 ) 22,025 5,652 27,677 Benefits paid from the trust (100,475 ) (1,732 ) (102,207 ) (5,172 ) (2,525 ) (7,697 ) Benefits paid directly by company — (410 ) (410 ) — (155 ) (155 ) Curtailments and settlements — (294 ) (294 ) — — — Effect of exchange rate movements — (3,229 ) (3,229 ) — (3,548 ) (3,548 ) Benefit obligation at end of year $ — $ 50,282 $ 50,282 $ 105,759 $ 52,740 $ 158,499 Change in plan assets at fair value: Fair value of plan assets at beginning $ 93,991 $ 47,593 $ 141,584 $ 83,748 $ 42,477 $ 126,225 Actual return on plan assets (2,375 ) 389 (1,986 ) 10,416 5,141 15,557 Employer contributions 8,859 1,072 9,931 5,000 5,596 10,596 Benefits paid (100,475 ) (1,732 ) (102,207 ) (5,173 ) (2,525 ) (7,698 ) Effect of exchange rate movements — (2,693 ) (2,693 ) — (3,096 ) (3,096 ) Fair value of plan assets at end of year — 44,629 44,629 93,991 47,593 141,584 Net amount recognized/(unfunded status) $ — $ (5,653 ) $ (5,653 ) $ (11,768 ) $ (5,147 ) $ (16,915 ) Amounts recognized in the Consolidated Balance Sheet consist of: Current portion of accrued benefit liability $ — $ — $ — $ (11,768 ) $ — $ (11,768 ) Accrued benefit liability — (5,653 ) (5,653 ) — (5,147 ) (5,147 ) Total liability recognized $ — $ (5,653 ) $ (5,653 ) $ (11,768 ) $ (5,147 ) $ (16,915 ) Accumulated other comprehensive loss $ — $ 9,383 $ 9,383 $ 34,801 $ 7,671 $ 42,472 Amounts recognized in accumulated other comprehensive income (loss), pre-tax consist of: 20 15 2 014 (In thousands) U.S. Foreign Total U.S. Foreign Total Net actuarial loss $ — $ 9,383 $ 9,383 $ 34,801 $ 7,671 $ 42,472 Prior service (cost) — — — — — — Net amount recognized /occurring, pre-tax $ — $ 9,383 $ 9,383 $ 34,801 $ 7,671 $ 42,472 The estimated net actuarial loss (gain) which will be amortized from accumulated other comprehensive income (loss) into benefit cost in 2016 is approximately $0.3 million. U.S. Foreign (In thousands) 20 15 20 14 20 13 20 15 20 14 20 13 Components of net periodic benefit cost: Service cost $ 750 $ 600 $ 600 $ 824 $ 925 $ 744 Interest cost 3,093 3,884 3,565 1,735 2,060 1,376 Expected return on plan assets (2,749 ) (5,646 ) (5,360 ) (2,346 ) (2,292 ) (1,207 ) Amortization of prior service (credit) — — — — — — Amortization of losses 870 549 942 221 216 130 Total cost (credit) of the plan for the year 1,964 (613 ) (253 ) 434 909 1,043 Expected plan participants’ contributions — — — — — — Net periodic benefit cost (credit) 1,964 (613 ) (253 ) 434 909 1,043 Settlement loss 29,928 — — — — — Total expense (income) for the year $ 31,892 $ (613 ) $ (253 ) $ 434 $ 909 $ 1,043 Weighted average assumptions used to determine net periodic benefit cost for the years 2015, 2014 and 2013 are as follows: U.S. Foreign 20 15 20 14 20 13 20 15 20 14 20 13 Discount rate 3.9 % 4.8 % 3.9 % 3.7 % 3.7 % 4.5 % Expected return on plan assets 6.8 % 6.8 % 6.8 % 5.1 % 4.9 % 4.8 % Compensation increase rate — — — 5.3 % 3.8 % 3.6 % Measurement dates 9/30/15 12/31/14 12/31/13 12/31/15 12/31/14 12/31/13 The accumulated benefit obligation for the U.S. defined benefit plan was $0.0 million and $105.8 million at January 2, 2016 and December 27, 2014, respectively. The accumulated benefit obligation for the foreign plans was $46.2 million and $48.9 million at January 2, 2016 and December 27, 2014, respectively. Weighted average assumptions used to determine benefit obligations at year-end 2015, 2014 and 2013 are as follows: U.S. Foreign 201 5 201 4 20 13 201 5 201 4 20 13 Discount rate 3.9 % 3.9 % 4.8 % 3.8 % 3.7 % 4.5 % Compensation increase rate — — — 6.2 % 5.3 % 3.8 % Measurement dates 12/31/15 12/31/14 12/31/13 12/31/15 12/31/14 12/31/13 Expected benefit payments to be paid to participants for the fiscal year ending are as follows (in thousands): Expected Benefit Payments Year (Foreign) 2016 1,964 2017 2,012 2018 2,032 2019 2,065 2020 2,101 2021-2025 11,831 Defined Benefit Plan Assets Based upon analysis of the target asset allocation and historical returns by type of investment, the company has assumed that the expected long-term rate of return will be 5.1% on foreign plan assets. Assets are invested to maximize long-term return taking into consideration timing of settlement of the retirement liabilities and liquidity needs for benefits payments. Pension plan assets were invested as follows, and were not materially different from the target asset allocation: U.S. Asset Allocation Foreign Asset Allocation 2015* 2014 2015 2014 Equity securities 0 % 0 % 30 % 30 % Debt securities 0 % 91 % 65 % 68 % Cash 0 % 9 % 5 % 2 % 0 % 100 % 100 % 100 % * The U.S. pension plan was terminated during the third quarter of 2015 as described above. The following table presents the company’s pension plan assets measured at fair value by classification within the fair value hierarchy as of January 2, 2016 (in thousands): Fair Value Measurements Using Quoted Prices in f or Significant Significant Total Equities: Global Equity 50:50 Index Fund $ — $ 12,801 $ — $ 12,801 Philippine Stock 836 — — 836 Fixed income: Investment grade corporate bond funds 6,807 — — 6,807 Over 15y Gilts Index Fund — 3,428 — 3,428 Active Corp Bond – Over 10 Yr Fund — 6,440 — 6,440 Over 5y Index-Linked Gilts Fund — 10,248 — 10,248 Philippine Long Govt Securities 1,227 — — 1,227 Philippine Long Corporate Bonds 781 — — 781 Cash and equivalents 2,061 — — 2,061 Total pension plan assets $ 11,712 $ 32,917 $ — $ 44,629 The following table presents the company’s pension plan assets measured at fair value by classification within the fair value hierarchy as of December 27, 2014 (in thousands): Fair Value Measurements Using Quoted Prices in for Significant Significant Total Equities: Global Equity 50:50 Index Fund $ — $ 13,168 $ — $ 13,168 Philippine Stock 1,069 — — 1,069 Fixed income: Long U.S. Credit Corp Index Fund — 42,911 — 42,911 Long U.S. Govt Bond Index Fund — 24,116 — 24,116 Intermediate U.S. Govt Bond Index Fund — 18,884 — 18,884 Investment grade corporate bond funds 8,118 — — 8,118 Over 15y Gilts Index Fund — 3,814 — 3,814 Active Corp Bond – Over 10 Yr Fund — 7,065 — 7,065 Over 5y Index-Linked Gilts Fund — 11,352 — 11,352 Philippine Long Govt Securities 1,059 — — 1,059 Philippine Long Corporate Bonds 781 — — 781 Cash and equivalents 9,247 — — 9,247 Total pension plan assets $ 20,274 $ 121,310 $ — $ 141,584 Defined Contribution Plans The company also maintains a 401(k) savings plan covering substantially all U.S. employees. The company matches 100% of the employee’s annual contributions for the first 4% of the employee’s eligible compensation. Employees are immediately vested in their contributions plus actual earnings thereon, as well as the company contributions. Company matching contributions amounted to $2.8 million, $2.1 million and $1.7 million in each of the years 2015, 2014 and 2013, respectively. The company has a non-qualified Supplemental Retirement and Savings Plan. The company will provide additional retirement benefits for certain management employees and named executive officers by allowing participants to contribute up to 90% of their annual compensation with matching contributions of 4% and 5% of the participant’s annual compensation in excess of the IRS compensation limits. The company previously provided additional retirement benefits for certain key executives through its unfunded defined contribution Supplemental Executive Retirement Plan (“SERP”). The company amended the SERP during 2009 to freeze contributions and set the annual interest rate credited to the accounts until distributed at the five-year Treasury constant maturity rate. The charge to expense for the SERP plan amounted to $0.1 million in 2015 and less than $0.1 million in each of 2014 and 2013.

Note 13 - Shareholders' Equity

Note 13 - Shareholders' Equity	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	13. Shareholders’ Equity Equity Plans Stock options granted prior to 2002 vested over a five-year period and are exercisable over a ten-year period commencing from the date of vesting. The stock options granted in 2002 through February 2005 vested over a five-year period and are exercisable over a ten-year period commencing from the date of the grant. Stock options granted after February 2005 vest over a three, four or five-year period and are exercisable over either a seven or ten-year period commencing from the date of the grant. Restricted shares and share units granted by the company vest over three to four years. The following table provides a reconciliation of outstanding stock options for the fiscal year ended January 2, 2016. Shares Under Option Weighted Average Price Weighted Average Remaining Contract Life (Years) Aggregate Intrinsic Value (000’s) Outstanding December 27, 2014 421,862 $ 67.88 Granted 145,140 96.18 Exercised (95,548 ) 48.74 Forfeited (550 ) 29.68 Outstanding January 2, 2016 470,904 80.53 4.8 $ 12,470 Exercisable January 2, 2016 199,472 66.23 3.6 8,135 The following table provides a reconciliation of non-vested restricted share and share unit awards for the fiscal year ended January 2, 2016. Shares Weighted Average Grant-Date Fair Value Nonvested December 27, 2014 188,998 $ 78.91 Granted 103,002 94.10 Vested (88,901 ) 73.59 Forfeited (8,638 ) 80.40 Nonvested January 2, 2016 194,461 89.32 The total intrinsic value of options exercised during 2015, 2014 and 2013 was $5.0 million, $9.6 million, and $15.3 million, respectively. The total fair value of shares vested was $8.1 million, $7.6 million, and $6.5 million for 2015, 2014 and 2013, respectively. The total amount of share-based liabilities paid was $0.4 million, $0.3 million and $0.1 million for 2015, 2014 and 2013, respectively. The company recognizes compensation cost of all share-based awards as an expense on a straight-line basis over the vesting period of the awards. At January 2, 2016, the unrecognized compensation cost for options, restricted shares and performance shares was $13.2 million before tax, and will be recognized over a weighted-average period of 1.9 years. Compensation cost included as a component of selling, general and administrative expense for all equity compensation plans discussed above was $10.7 million, $9.4 million and $8.9 million for 2015, 2014 and 2013, respectively. The total income tax benefit recognized in the Consolidated Statements of Net Income was $3.7 million, $3.3 million and $3.2 million for 2015, 2014 and 2013, respectively. The company uses the Black-Scholes option valuation model to determine the fair value of awards granted. The weighted average fair value of and related assumptions for options granted are as follows: 201 5 201 4 201 3 Weighted average fair value of options granted $ 21.99 $ 26.25 $ 23.90 Assumptions: Risk-free interest rate 1.25 % 1.67 % 0.70 % Expected dividend yield 1.04 % 0.93 % 1.20 % Expected stock price volatility 28.0 % 33.0 % 45.0 % Expected life of options (years) 4.6 4.6 5.1 Expected volatilities are based on the historical volatility of the company’s stock price. The expected life of options is based on historical data for options granted by the company . The risk-free rates are based on yields available at the time of grant on U.S. Treasury bonds with maturities consistent with the expected life assumption. Accumulated Other Comprehensive Income (Loss) (AOCI) Pension liability adjustments (a) Gain on investments (b) Foreign currency translation adjustment Accumulated other comprehensive income (loss) Balance at December 28, 2013 $ (17,140 ) $ 9,393 $ 28,164 $ 20,417 2014 activity (12,475 ) 1,398 (30,466 ) (41,543 ) Balance at December 27, 2014 (29,615 ) 10,791 (2,302 ) (21,126 ) 2015 activity 20,893 793 (46,231 ) (24,545 ) Balance at January 2, 2016 $ (8,722 ) $ 11,584 $ (48,533 ) $ (45,671 ) (a) Net of tax of $661, $12,587, and $6,549 for 2015, 2014 and 2013, respectively. (b) Net of tax of $0, $0 and $0 for 2015, 2014 and 2013, respectively. Preferred Stock The Board of Directors authorized the repurchase of up to 1,000,000 shares of the company’s common stock under a program for the period May 1, 2015 to April 30, 2016. The company repurchased 350,000 of its shares in fiscal 2015 and 650,000 shares remain available for purchase under the initial program as of January 2, 2016.

Note 14 - Income Taxes

Note 14 - Income Taxes	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Income Tax Disclosure [Text Block]	14 . Income Taxes Domestic and foreign income (loss) before income taxes is as follows (in thousands): 201 5 201 4 201 3 Domestic $ 1,313 $ 35,264 $ 20,254 Foreign 105,635 96,382 103,982 Income before income taxes $ 106,948 $ 131,646 $ 124,236 Federal, state and foreign income tax (benefit) expense consists of the following (in thousands): Current: Federal $ (6,686 ) $ 8,003 $ 8,265 State 2,078 1,275 2,084 Foreign 17,611 27,438 18,462 Subtotal 13,003 36,716 28,811 Deferred: Federal and State 11,330 (1,513 ) 3,251 Foreign 149 (2,975 ) 3,389 Subtotal 11,479 (4,488 ) 6,640 Provision for income taxes $ 24,482 $ 32,228 $ 35,451 The current federal tax benefit for 2015 includes an $11.7 million benefit reclassified from AOCI as a result of the company’s termination of the U.S. defined benefit pension plan as described in Note 12 of the Notes to Consolidated Financial Statements included in this report. A reconciliation between income taxes computed on income before income taxes at the federal statutory rate and the provision for income taxes is provided below (in thousands): 201 5 201 4 201 3 Tax expense at statutory rate of 35% $ 37,432 $ 46,076 $ 43,481 State and local taxes, net of federal tax benefit 1,907 1,186 1,076 Foreign income tax rate differential (19,853 ) (14,981 ) (15,497 ) Capital loss valuation allowance — — 6,085 Tax on unremitted earnings — — (349 ) Mexico manufacturing operations restructuring 4,841 — — Nondeductible professional fees 1,011 — — Other, net (856 ) (53 ) 655 Provision for income taxes $ 24,482 $ 32,228 $ 35,451 Deferred income taxes are provided for the tax effects of temporary differences between the financial reporting bases and the tax bases of the company’s assets and liabilities. Significant components of the company’s deferred tax assets and liabilities at January 2, 2016 and December 27, 2014, are as follows (in thousands): 20 15 20 14 Deferred tax assets: Accrued expenses $ 19,738 $ 27,088 Foreign tax credit carryforwards 1,529 5,299 AMT credit carryforwards — 167 Accrued restructuring 1,115 124 Capital losses 4,557 4,557 Domestic and foreign net operating loss carryforwards 684 525 Gross deferred tax assets 27,623 37,760 Less: Valuation allowance (4,557 ) (4,557 ) Total deferred tax assets 23,066 33,203 Deferred tax liabilities: Tax depreciation and amortization in excess of book 22,747 21,405 Total deferred tax liabilities 22,747 21,405 Net deferred tax assets $ 319 $ 11,798 The deferred tax asset valuation allowance is related to a U.S. capital loss carryover which is not expected to be realized. The remaining domestic and foreign net operating losses either have no expiration date or are expected to be utilized prior to expiration. The foreign tax credit carryforwards begin to expire in 2019. The company paid income taxes of approximately $23.3 million, $26.6 million and $30.4 million in 2015, 2014 and 2013, respectively. U.S. income taxes were not provided on a cumulative total of approximately $367.9 million of undistributed earnings for certain non-U.S. subsidiaries as of January 2, 2016, and accordingly, no deferred tax liability has been established relative to these earnings. The determination of the deferred tax liability associated with the distribution of these earnings is not practicable. The company has three subsidiaries in China on “tax holidays.” The tax holidays begin to expire in 2017. The company expects to be granted extensions. Such tax holidays contributed approximately $2.6 million in tax benefits ($0.11 per diluted share) during 2015 with similar amounts expected in future years while tax holidays are in effect. A reconciliation of the beginning and ending amount of unrecognized tax benefits as of January 2, 2016, December 27, 2014 and December 28, 2013 is as follows (in thousands): Balance at December 28, 2013 $ 112 Balance at December 27, 2014 112 Increases/decreases for tax positions taken in the current year — Additions for tax positions taken in prior years — Settlements — Lapses of statute of limitations — Other (10 ) Balance at January 2, 2016 $ 102 The amount of unrecognized tax benefits at January 2, 2016 was approximately $0.1 million. Of this total, approximately $0.1 million represents the amount of tax benefits that, if recognized, would favorably affect the effective income tax rate in future periods. The company expects a decrease in unrecognized tax benefits in the next 12 months of $0.1 million upon concluding a German tax examination. None of the positions included in unrecognized tax benefits are related to tax positions for which the ultimate deductibility is highly certain, but for which there is uncertainty about the timing of such deductibility. The U.S. federal statute of limitations remains open for 2012 onward. Foreign and U.S. state statute of limitations generally range from three to seven years. During 2015, the company received an examination notice from the Illinois state taxing authority for the 2012 and 2013 tax years as well as the Ohio state taxing authority for the 2012 to 2014 tax years. In February 2016, the company received an examination notice from the Internal Revenue Service for the 2014 tax year. The company is currently under examination in Germany for tax years 2008 through 2010. The company does not expect to recognize a significant amount of additional tax expense as a result of concluding the state, U.S. federal or German tax examinations. The company recognizes accrued interest and penalties associated with uncertain tax positions as part of income tax expense.

Note 15 - Business Unit Segment

Note 15 - Business Unit Segment Information	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	15 . Business Unit Segment Information An operating segment is defined as a component of an enterprise that engages in business activities from which it may earn revenues and incur expenses, and about which separate financial information is regularly evaluated by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources. The CODM is the company’s President and Chief Executive Officer (“CEO”). The company reports its operations by the following business unit segments: Electronics, Automotive and Industrial. ● Electronics. protection thyristors, gas discharge tubes, power switching components and fuseholders, blocks and related accessories. ● Automotive. ● Industrial (formerly Electrical). Each of the operating segments is directly responsible for sales, marketing and research and development. Manufacturing, purchasing, logistics, customer service, finance, information technology and human resources are shared functions that are allocated back to the three operating segments. The CEO allocates resources to and assesses the performance of each operating segment using information about its revenue and operating income (loss), but does not evaluate the operating segments using discrete balance sheet information. Sales, marketing and research and development expenses are charged directly into each operating segment. All other functions are shared by the operating segments and expenses for these shared functions are allocated to the operating segments and included in the operating results reported below. The company does not report inter-segment revenue because the operating segments do not record it. The company does not allocate interest and other income, interest expense, equity in loss of unconsolidated affiliate, or taxes to operating segments. Although the CEO uses operating income to evaluate the segments, operating costs included in one segment may benefit other segments. Except as discussed above, the accounting policies for segment reporting are the same as for the company as a whole. The company has provided this business unit segment information for all comparable prior periods. Segment information is summarized as follows (in thousands): 20 15 20 14 20 13 Net sales Electronics $ 405,497 $ 410,065 $ 367,052 Automotive 339,957 325,415 267,207 Industrial 122,410 116,515 123,594 Total net sales $ 867,864 $ 851,995 $ 757,853 Depreciation and amortization Electronics $ 22,936 $ 22,177 $ 20,735 Automotive 13,437 14,204 9,928 Industrial 5,268 5,494 3,817 Total depreciation and amortization $ 41,641 $ 41,875 $ 34,480 (Table continued from prior page.) 20 15 20 14 201 3 Operating income (loss) Electronics $ 78,194 $ 86,981 $ 69,559 Automotive 53,086 45,086 39,170 Industrial 18,094 10,674 24,363 Other (1) (45,217 ) (8,911 ) (3,211 ) Total operating income 104,157 133,830 129,881 Interest expense 4,091 4,903 2,917 Impairment and equity in net loss of unconsolidated affiliate (2) — — 10,678 Foreign exchange loss (gain) (1,465 ) 3,925 (3,303 ) Other expense (income), net (5,417 ) (6,644 ) (4,646 ) Income before income taxes $ 106,948 $ 131,646 $ 124,235 (1) Included in “Other” Operating income (loss) for 2015 are costs related to the transfer of the company’s reed switch manufacturing operations from its Lake Mills, Wisconsin and Suzhou, China locations to the Philippines ($5.2 million in Cost of sales (“COS”)), acquisition related fees ($4.6 million included in Selling, general and administrative expenses (“SG&A”)), pension settlement and other costs ($31.9 million in SG&A), internal legal restructuring costs ($3.6 million in SG&A) and (($0.2 million) of other in SG&A). Included in “Other” Operating income (loss) for 2014 are acquisition related fees ($0.4 million included in SG&A), non-cash charges for the sale of inventory that had been stepped-up to fair value at the acquisition date of SymCom ($2.8 million included in COS (See Note 2)), severance charges ($2.7 million in COS and $0.5 million in SG&A), internal legal restructuring costs ($2.2 million in SG&A) and asset impairments ($0.2 million in Research and development and $0.1 million in SG&A). Included in “Other” Operating income (loss) for 2013 are acquisition related fees ($1.7 million included in SG&A) and non-cash charges for the sale of inventory that had been stepped-up to fair value at the acquisition date of Hamlin ($1.5 million included in COS). (2) During the first quarter of 2013, the company recorded approximately $10.7 million related to the impairment of Shocking Technologies. (See Note 6). The company’s significant net sales, long-lived assets and additions to long-lived assets by country for the fiscal years ended 2015, 2014 and 2013 are as follows (in thousands): 201 5 201 4 201 3 Net sales United States $ 344,305 $ 313,762 $ 274,666 China 193,792 189,191 158,494 Other countries 329,767 349,042 324,693 Total net sales $ 867,864 $ 851,995 $ 757,853 Long-lived assets United States $ 23,965 $ 34,179 $ 27,294 China 37,241 40,981 45,843 Canada 10,488 12,899 14,429 Other countries 90,874 70,581 62,607 Total long-lived assets $ 162,568 $ 158,640 $ 150,173 201 5 201 4 2013 Additions to long-lived assets United States $ 8,609 $ 9,134 $ 4,644 China 9,710 7,265 7,864 Canada 506 555 2,280 Other countries 25,194 15,327 20,165 Total additions to long-lived assets $ 44,019 $ 32,281 $ 34,953 For the year ended January 2, 2016, approximately 60% of the company’s net sales were to customers outside the United States (exports and foreign operations) including 22% to China. No single customer accounted for more than 10% of net sales during the last three years.

Note 16 - Lease Commitments

Note 16 - Lease Commitments	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Commitments Disclosure [Text Block]	16. Lease Commitments The company leases certain office and warehouse space as well as certain machinery and equipment under non-cancellable operating leases. Rent expense under these leases was approximately $11.1 million in 2015, $8.9 million in 2014 and $8.9 million in 2013. Rent expense is recognized on a straight-line basis over the term of the leases. The difference between straight-line basis rent and the amount paid has been recorded as accrued lease obligations. The company also has leases that have lease renewal provisions. As of January 2, 2016, all operating leases outstanding were with third parties. The company did not have any capital leases as of January 2, 2016 . Future minimum payments for all non-cancellable operating leases with initial terms of one year or more at January 2, 2016 are as follows (in thousands): 2016 $ 8,886 2017 5,227 2018 3,984 2019 3,358 2020 3,163 2021 and thereafter 10,021 $ 34,639

Note 17 - Earnings Per Share

Note 17 - Earnings Per Share	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Earnings Per Share [Text Block]	17. Earnings P er Share As of January 2014, the company no longer had “participating securities” as defined under ASC 260. As such, the company now calculates its earnings per share using the treasury method. All of the previous participating securities that resulted in the company using the two-class method have become fully vested or have otherwise expired. In 2013, the company calculated its earnings per share using the two-class method which included an earnings allocation formula that determined earnings per share for each class of common stock according to dividends declared and undistributed earnings for the period. Previously, the company’s reported net earnings were reduced by the amount allocated to participating securities to arrive at the earnings Under the previous two-class method calculation, the dilutive effect of participating securities was calculated using the more dilutive of the treasury stock or the two-class method. The company previously determined the two-class method to be the more dilutive. As such, the earnings allocated to common stock shareholders in the basic earnings per share calculation was adjusted for the reallocation of undistributed earnings to participating securities to arrive at the earnings allocated to common stock shareholders for calculating the diluted earnings per share. The following table sets forth the computation of basic and diluted earnings per share under the two-class method: (In thousands, except per share amounts) 201 5 201 4 20 13 Net income as reported $ 82,466 $ 99,418 $ 88,784 Less: Distributed earnings available to participating securities — — (35 ) Less: Undistributed earnings available to participating securities — — (16 ) Numerator for basic earnings per share — Undistributed and distributed earnings available to common shareholders $ 82,466 $ 99,418 $ 88,733 Add: Undistributed earnings allocated to participating securities — — 16 Less: Undistributed earnings reallocated to participating securities — — (16 ) Numerator for diluted earnings per share — Undistributed and distributed earnings available to common shareholders $ 82,466 $ 99,418 $ 88,733 Denominator for basic earnings per share — Weighted-average shares 22,565 22,543 22,315 Effect of dilutive securities: Common stock equivalents 154 184 222 Denominator for diluted earnings per share — Adjusted for weighted-average shares & assumed conversions 22,719 22,727 22,537 Basic earnings per share $ 3.65 $ 4.41 $ 3.98 Diluted earnings per share $ 3.63 $ 4.37 $ 3.94 The following potential shares of common stock attributable to stock options were excluded from the earnings per share calculation because their effect would be anti-dilutive: 113,130 in 2015; 43,693 in 2014; and 96,401 in 2013.

Note 18 - Selected Quarterly Fi

Note 18 - Selected Quarterly Financial Data (Unaudited)	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Quarterly Financial Information [Text Block]	18. S elected Quarterly Financial Data (Unaudited) The quarterly periods listed in the table below for 2015 are for the 14-weeks ended January 2, 2016 and the 13-weeks ended September 26, 2015, June 27, 2015 and March 28, 2015, respectively. The quarterly periods for 2014 are for the 13-weeks ended December 27, 2014, September 27, 2014, June 28, 2014 and March 29, 2014, respectively. (In thousands, except per share data) 20 15 20 14 4Q a 3Q b 2Q c 1Q d 4Q e 3Q f 2Q g 1Q h Net sales $ 220,020 $ 215,510 $ 222,021 $ 210,313 $ 206,620 $ 217,608 $ 220,908 $ 206,859 Gross profit 82,706 86,182 85,281 76,330 75,559 87,380 82,995 78,494 Operating income 29,854 8,584 36,171 29,548 26,391 40,130 33,719 33,590 Net income 22,463 11,324 28,684 19,995 19,511 29,940 24,578 25,389 Net income per share: Basic $ 1.00 $ 0.50 $ 1.26 $ 0.88 $ 0.86 $ 1.33 $ 1.09 $ 1.13 Diluted $ 1.00 $ 0.50 $ 1.26 $ 0.88 $ 0.86 $ 1.32 $ 1.08 $ 1.12 a – In the fourth quarter of 2015, the company recorded $2.1 million related to the company’s transfer of its reed switch manufacturing operations from the U.S. and China to the Philippines, ($0.1) million related to the reorganization of its internal legal structure, $4.0 million in acquisition costs, ($0.3) million in pension settlement refunds (See Note 12) and ($0.3) million in other. b – In the third quarter of 2015, the company recorded $1.2 million related to the reed switch manufacturing transfer as noted above, $0.9 million related to the company’s reorganization of its internal legal structure as noted above, $0.3 million in acquisition costs, $30.8 million in pension settlement and wind-up costs (See Note 12) and $0.1 million in other. c – In the second quarter of 2015, the company recorded $0.9 million related to the reed switch manufacturing transfer as noted above, $1.7 million related to the company’s reorganization of its internal legal structure as noted above, $0.2 million in acquisition costs, and $0.7 million in pension wind-up costs. d – In the first quarter of 2015, the company recorded $1.0 million related to the reed switch manufacturing transfer as noted above, $1.2 million in charges related to the reorganization of its internal legal structure as noted above, $0.2 million in acquisition costs, and $0.7 million in pension wind-up costs. e – In the fourth quarter of 2014, the company recorded $2.2 million in charges related to severance and to the company’s reorganization of its internal legal structure as noted above. The company also recorded $0.3 million in acquisition costs and $0.3 million in impairment costs. f – In the third quarter of 2014, the company recorded $1.1 million in charges related to the company’s reorganization of its internal legal structure, as noted above. g – In the second quarter of 2014, the company recorded a $1.4 million non-cash charge related to the step-up of inventory from the SymCom acquisition (See Note 2), $2.0 million in severance charges and $0.2 million in acquisition costs. h – In the first quarter of 2014, the company recorded a $1.4 million non-cash charge related to the step-up of inventory from the SymCom acquisition (See Note 2).

Note 19 - Subsequent Event

Note 19 - Subsequent Event	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Subsequent Events [Text Block]	19. Subsequent Event On November 7, 2015, the company and TE Connectivity Ltd., a Swiss corporation, entered into a stock and asset purchase agreement for $350.0 million, pursuant to which the company has agreed to acquire TE’s circuit protection business. The company expects to close the acquisition by the end of the first quarter of 2016. The company will fund the acquisition with available cash and proceeds from credit facilities.

Schedule II

Schedule II	12 Months Ended
	Jan. 02, 2016
Notes to Financial Statements
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]	SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS AND RESERVES (In thousands of USD) Description Balance at Beginning o f Year Charged to Costs and Expenses (1) Deductions (2) Other (3) Balance at End of Year Year ended January 2, 2016 Allowance for losses on accounts receivable $ 278 $ 164 $ 150 $ 27 $ 319 Reserves for sales discounts and allowances $ 19,140 $ 81,335 $ 82,997 $ (310 ) $ 17,168 Deferred tax valuation allowance $ 4,557 $ — $ — $ — $ 4,557 Year ended December 27, 2014 Allowance for losses on accounts receivable $ 790 $ 130 $ 656 $ 14 $ 278 Reserves for sales discounts and allowances $ 16,117 $ 85,825 $ 82,568 $ (234 ) $ 19,140 Deferred tax valuation allowance $ 6,250 $ — $ 1,693 $ — $ 4,557 Year ended December 28, 2013 Allowance for losses on accounts receivable $ 705 $ 2,289 $ 2,316 $ 112 $ 790 Reserves for sales discounts and allowances $ 12,803 $ 77,659 $ 74,432 $ 87 $ 16,117 Deferred tax valuation allowance $ 784 $ 6,085 $ 619 $ — $ 6,250 (1) Includes provision for doubtful accounts, sales returns and sales discounts granted to customers. (2) Represents uncollectible accounts written off, net of recoveries and credits issued to customers and the write-off of certain deferred tax assets that previously had full valuation allowances. (3) Represents business acquisitions and foreign currency translation adjustments.

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Jan. 02, 2016
Accounting Policies [Abstract]
Fiscal Period, Policy [Policy Text Block]	Fiscal Year
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The Consolidated Financial Statements include the accounts of Littelfuse, Inc. and its subsidiaries. All significant intercompany accounts and transactions have been eliminated. The company’s Consolidated Financial Statements were prepared in accordance with generally accepted accounting principles in the United States of America and include the assets, liabilities, revenues and expenses of all wholly-owned subsidiaries and majority-owned subsidiaries over which the company exercises control.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash Equivalents
Investment, Policy [Policy Text Block]	Short-Term and Long-Term Investments
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments
Receivables, Policy [Policy Text Block]	Accounts Receivable The company performs credit evaluations of customers’ financial condition and generally does not require collateral. Credit losses are provided for in the financial statements based upon specific knowledge of a customer’s inability to meet its financial obligations to the company. Historically, credit losses have consistently been within management’s expectations and have not been a material amount. A receivable is considered past due if payments have not been received within agreed upon invoice terms. Write-offs are recorded at the time a customer receivable is deemed uncollectible. The company also maintains allowances against accounts receivable for the settlement of rebates and sales discounts to customers. These allowances are based upon specific customer sales and sales discounts as well as actual historical experience.
Inventory, Policy [Policy Text Block]	Inventories
Equity and Cost Method Investments, Policy [Policy Text Block]	Investment in Unconsolidated Affiliate :
Property, Plant and Equipment, Policy [Policy Text Block]	Property, Plant and Equipment
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Goodwill and Indefinite-Lived Intangible Assets: The company annually tests goodwill and indefinite-lived intangible assets for impairment on the first day of its fiscal fourth quarter or at other dates if there is an event or change in circumstances that indicates the asset may be impaired. The company has eight reporting units for testing purposes. Management determines the fair value of each of its reporting units by using a discounted cash flow model (which includes forecasted five-year income statement and working capital projections, a market-based weighted average cost of capital and terminal values after five years) to estimate market value. In addition, the company compares its derived enterprise value on a consolidated basis to the company’s market capitalization as of its test date to ensure its derived value approximates the market value of the company when taken as a whole. As of the most recent annual test conducted on September 27, 2015, the company concluded the fair value of each of the reporting units exceeded its carrying value of invested capital and therefore, no potential goodwill impairment existed. Specifically, the company noted that its headroom, defined as the excess of fair value over the carrying value of invested capital, was 148%, 95%, 188%, 218%, 76%, 26%, 12% and 198% for its electronics (non-silicon), electronics (silicon), passenger car products, commercial vehicle products, automotive sensor products, relay, custom and power fuse reporting units, respectively, at September 27, 2015. Certain key assumptions used in the annual test included a discount rate of 11.7% and a long-term growth rate of 3.0% which were used for all reporting units except for automotive sensor and relay which had a discount rate of 13.7% as a result of a 2.0% premium factor and custom products which had a discount rate of 14.7% as a result of a 3.0% premium factor. In addition, the company performed a sensitivity test at September 27, 2015 that showed a 100 basis point increase in its discount rate or a 100 basis point decrease in the long-term growth rate for each reporting unit would not have changed the company’s conclusion that no potential goodwill impairment existed at September 27, 2015. The company will continue to perform a goodwill and indefinite-lived intangible asset impairment test as required on an annual basis and on an interim basis, if certain impairment conditions exist. Factors the company considers important, which could result in changes to its estimates, include underperformance relative to historical or projected future operating results and declines in acquisitions and trading multiples. Due to the diverse end user base and non-discretionary product demand, the company does not believe its future operating results will vary significantly relative to its historical and projected future operating results.
Intangible Assets, Finite-Lived, Policy [Policy Text Block]	Other Intangible Assets
Environmental Costs, Policy [Policy Text Block]	Environmental Liabilities
Pension and Other Postretirement Plans, Policy [Policy Text Block]	Pension and Other Post-retirement Benefits
Reclassification, Policy [Policy Text Block]	Reclassifications:
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition At the end of each period, for those shipments where title to the products and the risk of loss and rewards of ownership do not transfer until the product has been received by the customer, the company adjusts revenues and cost of sales for the delay between the time that the products are shipped and when they are received by the customer. The company’s distribution channels are primarily through direct sales and independent third party distributors.
Revenue Recognition And Billing [Policy Text Block]	Revenue and Billing
Revenue Recognition, Sales Returns [Policy Text Block]	Returns and Credits
Revenue Recognition Return to Stock [Policy Text Block]	Return to Stock:
Revenue Recognition, Rebates [Policy Text Block]	Volume Rebates : The company offers incentives to certain customers to achieve specific quarterly or annual sales targets. If customers achieve their sales targets, they are entitled to rebates. The company estimates the future cost of these rebates and recognizes this estimated cost as a reduction to revenue as products are sold.
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Doubtful Accounts: company reasonably believes is collectible. The company also records allowances for all other customers based on a variety of factors including the length of time the receivables are past due, the financial health of the customer, macroeconomic considerations and past experience. Accounts receivable balances that are deemed to be uncollectible, are written off against the reserve on a case-by-case basis. Historically, the allowance for doubtful accounts has been adequate to cover bad debts. If circumstances related to specific customers change, the estimates of the recoverability of receivables could be further adjusted. However, due to the company’s diverse customer base and lack of credit concentration, the company does not believe its estimates would be materially impacted by changes in its assumptions.
Advertising Costs, Policy [Policy Text Block]	Advertising Costs
Shipping and Handling Cost, Policy [Policy Text Block]	Shipping and Handling Fees and Costs
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Translation /Remeasurement
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-based Compensation
Other Income Expense [Policy Text Block]	Other E xpense ( I ncome), N et : , was ($5.4 million), ($6.6 million) and ($4.6 million) of income in 2015, 2014, and 2013, respectively.
Income Tax, Policy [Policy Text Block]	Income Taxes:
New Accounting Pronouncements, Policy [Policy Text Block]	Accounting Pronouncements In May 2014, the FASB amended prior authoritative guidance for revenue recognition which provides a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and will supersede most current revenue recognition guidance. The standard is effective for public entities for annual and interim periods beginning after December 15, 2016. Early adoption is not permitted. The guidance permits two implementation approaches, one requiring retrospective application of the new standard with restatement of prior years and one requiring prospective application of the new standard with disclosure of results under old standards. The company is currently evaluating the impact of the adoption of this accounting standard on its consolidated financial statements.

Note 2 - Acquisition of Busin31

Note 2 - Acquisition of Businesses (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Sigmar preliminary purchase price allocation (in thousands): Cash $ 230 Current assets, net 4,011 Property, plant and equipment 1,097 Goodwill 2,060 Patents 2,845 Current liabilities (1,704 ) Other non-current liabilities (2,906 ) $ 5,633 SymCom final purchase price allocation (in thousands): Cash $ 325 Current assets, net 9,154 Property, plant and equipment 11,193 Goodwill 15,018 Trademarks 17,020 Patents 1,500 Other non-current assets 20 Current liabilities (1,137 ) $ 53,093

Note 3 - Inventories (Tables)

Note 3 - Inventories (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Schedule of Inventory, Current [Table Text Block]	201 5 201 4 Raw materials $ 33,599 $ 29,756 Work in process 16,479 15,164 Finished goods 48,551 52,471 Total $ 98,629 $ 97,391

Note 4 - Goodwill and Other I33

Note 4 - Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Schedule of Goodwill [Table Text Block]	20 15 Additions (Reductions) (a) Adjust ments ( c ) 20 14 Additions (Reductions) ( b ) Adjust ments ( c ) 20 13 Electronics $ 58,246 $ (524 ) $ (1,740 ) $ 60,510 $ 1,654 $ (1,590 ) $ 60,446 Automotive 80,262 1,994 (3,449 ) 81,717 — (3,264 ) 84,981 Industrial 51,259 — (2,770 ) 54,029 14,920 (1,928 ) 41,037 Total $ 189,767 $ 1,470 $ (7,959 ) $ 196,256 $ 16,574 $ (6,782 ) $ 186,464
Schedule of Finite-Lived Intangible Assets [Table Text Block]	201 5 2014 (in thousands) Weighted Average Useful Life Gross Carrying Value Accumulated Amortization Weighted Average Useful Life Gross Carrying Value Accumulated Amortization Patents, licenses and software (a) 11.6 $ 61,297 $ 41,076 11.7 $ 62,378 $ 38,738 Distribution network ( a ) 12.4 45,564 29,074 12.4 46,850 27,422 Customer lists, trademarks and tradenames ( a ) 13.0 81,233 30,534 13.2 80,821 25,246 Tradenames ( b ) — 4,213 — — 5,030 — Total 12.4 $ 192,307 $ 100,684 12.5 $ 195,079 $ 91,406
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	2016 $ 11,162 2017 10,745 2018 10,628 2019 10,582 2020 10,582 2021 and thereafter 33,711 $ 87,410

Note 7 - Debt (Tables)

Note 7 - Debt (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	20 15 20 14 Term loan $ 85,000 $ 93,750 Revolving credit facility 77,000 83,500 Entrusted loan 9,474 17,908 Total debt 171,474 195,158 Less: Current maturities 87,000 88,500 Total long-term debt $ 84,474 $ 106,658

Note 9 - Fair Value of Assets35

Note 9 - Fair Value of Assets and Liabilities (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements Using Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) Total Investment in Polytronics $ 11,697 $ — $ — $ 11,697 Total $ 11,697 $ — $ — $ 11,697 Fair Value Measurements Using Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) Total Investment in Polytronics $ 12,056 $ — $ — $ 12,056 Total $ 12,056 $ — $ — $ 12,056

Note 12 - Benefit Plans (Tables

Note 12 - Benefit Plans (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	201 5 201 4 (In thousands) U.S. Foreign Total U.S. Foreign Total Change in benefit obligation: Benefit obligation at beginning of year $ 105,759 $ 52,740 $ 158,499 $ 84,422 $ 50,331 $ 134,753 Service cost 750 824 1,574 600 925 1,525 Interest cost 3,093 1,735 4,828 3,884 2,060 5,944 Net actuarial loss (gain) (9,127 ) 648 (8,479 ) 22,025 5,652 27,677 Benefits paid from the trust (100,475 ) (1,732 ) (102,207 ) (5,172 ) (2,525 ) (7,697 ) Benefits paid directly by company — (410 ) (410 ) — (155 ) (155 ) Curtailments and settlements — (294 ) (294 ) — — — Effect of exchange rate movements — (3,229 ) (3,229 ) — (3,548 ) (3,548 ) Benefit obligation at end of year $ — $ 50,282 $ 50,282 $ 105,759 $ 52,740 $ 158,499 Change in plan assets at fair value: Fair value of plan assets at beginning $ 93,991 $ 47,593 $ 141,584 $ 83,748 $ 42,477 $ 126,225 Actual return on plan assets (2,375 ) 389 (1,986 ) 10,416 5,141 15,557 Employer contributions 8,859 1,072 9,931 5,000 5,596 10,596 Benefits paid (100,475 ) (1,732 ) (102,207 ) (5,173 ) (2,525 ) (7,698 ) Effect of exchange rate movements — (2,693 ) (2,693 ) — (3,096 ) (3,096 ) Fair value of plan assets at end of year — 44,629 44,629 93,991 47,593 141,584 Net amount recognized/(unfunded status) $ — $ (5,653 ) $ (5,653 ) $ (11,768 ) $ (5,147 ) $ (16,915 ) Amounts recognized in the Consolidated Balance Sheet consist of: Current portion of accrued benefit liability $ — $ — $ — $ (11,768 ) $ — $ (11,768 ) Accrued benefit liability — (5,653 ) (5,653 ) — (5,147 ) (5,147 ) Total liability recognized $ — $ (5,653 ) $ (5,653 ) $ (11,768 ) $ (5,147 ) $ (16,915 ) Accumulated other comprehensive loss $ — $ 9,383 $ 9,383 $ 34,801 $ 7,671 $ 42,472
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]	20 15 2 014 (In thousands) U.S. Foreign Total U.S. Foreign Total Net actuarial loss $ — $ 9,383 $ 9,383 $ 34,801 $ 7,671 $ 42,472 Prior service (cost) — — — — — — Net amount recognized /occurring, pre-tax $ — $ 9,383 $ 9,383 $ 34,801 $ 7,671 $ 42,472
Schedule of Net Benefit Costs [Table Text Block]	U.S. Foreign (In thousands) 20 15 20 14 20 13 20 15 20 14 20 13 Components of net periodic benefit cost: Service cost $ 750 $ 600 $ 600 $ 824 $ 925 $ 744 Interest cost 3,093 3,884 3,565 1,735 2,060 1,376 Expected return on plan assets (2,749 ) (5,646 ) (5,360 ) (2,346 ) (2,292 ) (1,207 ) Amortization of prior service (credit) — — — — — — Amortization of losses 870 549 942 221 216 130 Total cost (credit) of the plan for the year 1,964 (613 ) (253 ) 434 909 1,043 Expected plan participants’ contributions — — — — — — Net periodic benefit cost (credit) 1,964 (613 ) (253 ) 434 909 1,043 Settlement loss 29,928 — — — — — Total expense (income) for the year $ 31,892 $ (613 ) $ (253 ) $ 434 $ 909 $ 1,043
Schedule of Assumptions Used [Table Text Block]	U.S. Foreign 20 15 20 14 20 13 20 15 20 14 20 13 Discount rate 3.9 % 4.8 % 3.9 % 3.7 % 3.7 % 4.5 % Expected return on plan assets 6.8 % 6.8 % 6.8 % 5.1 % 4.9 % 4.8 % Compensation increase rate — — — 5.3 % 3.8 % 3.6 % Measurement dates 9/30/15 12/31/14 12/31/13 12/31/15 12/31/14 12/31/13 U.S. Foreign 201 5 201 4 20 13 201 5 201 4 20 13 Discount rate 3.9 % 3.9 % 4.8 % 3.8 % 3.7 % 4.5 % Compensation increase rate — — — 6.2 % 5.3 % 3.8 % Measurement dates 12/31/15 12/31/14 12/31/13 12/31/15 12/31/14 12/31/13
Schedule of Expected Benefit Payments [Table Text Block]	Expected Benefit Payments Year (Foreign) 2016 1,964 2017 2,012 2018 2,032 2019 2,065 2020 2,101 2021-2025 11,831
Schedule of Allocation of Plan Assets [Table Text Block]	U.S. Asset Allocation Foreign Asset Allocation 2015* 2014 2015 2014 Equity securities 0 % 0 % 30 % 30 % Debt securities 0 % 91 % 65 % 68 % Cash 0 % 9 % 5 % 2 % 0 % 100 % 100 % 100 %
Pension Plan Assets Measured at Fair Value [Table Text Block]	Fair Value Measurements Using Quoted Prices in f or Significant Significant Total Equities: Global Equity 50:50 Index Fund $ — $ 12,801 $ — $ 12,801 Philippine Stock 836 — — 836 Fixed income: Investment grade corporate bond funds 6,807 — — 6,807 Over 15y Gilts Index Fund — 3,428 — 3,428 Active Corp Bond – Over 10 Yr Fund — 6,440 — 6,440 Over 5y Index-Linked Gilts Fund — 10,248 — 10,248 Philippine Long Govt Securities 1,227 — — 1,227 Philippine Long Corporate Bonds 781 — — 781 Cash and equivalents 2,061 — — 2,061 Total pension plan assets $ 11,712 $ 32,917 $ — $ 44,629 Fair Value Measurements Using Quoted Prices in for Significant Significant Total Equities: Global Equity 50:50 Index Fund $ — $ 13,168 $ — $ 13,168 Philippine Stock 1,069 — — 1,069 Fixed income: Long U.S. Credit Corp Index Fund — 42,911 — 42,911 Long U.S. Govt Bond Index Fund — 24,116 — 24,116 Intermediate U.S. Govt Bond Index Fund — 18,884 — 18,884 Investment grade corporate bond funds 8,118 — — 8,118 Over 15y Gilts Index Fund — 3,814 — 3,814 Active Corp Bond – Over 10 Yr Fund — 7,065 — 7,065 Over 5y Index-Linked Gilts Fund — 11,352 — 11,352 Philippine Long Govt Securities 1,059 — — 1,059 Philippine Long Corporate Bonds 781 — — 781 Cash and equivalents 9,247 — — 9,247 Total pension plan assets $ 20,274 $ 121,310 $ — $ 141,584

Note 13 - Shareholders' Equity

Note 13 - Shareholders' Equity (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Shares Under Option Weighted Average Price Weighted Average Remaining Contract Life (Years) Aggregate Intrinsic Value (000’s) Outstanding December 27, 2014 421,862 $ 67.88 Granted 145,140 96.18 Exercised (95,548 ) 48.74 Forfeited (550 ) 29.68 Outstanding January 2, 2016 470,904 80.53 4.8 $ 12,470 Exercisable January 2, 2016 199,472 66.23 3.6 8,135
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	Shares Weighted Average Grant-Date Fair Value Nonvested December 27, 2014 188,998 $ 78.91 Granted 103,002 94.10 Vested (88,901 ) 73.59 Forfeited (8,638 ) 80.40 Nonvested January 2, 2016 194,461 89.32
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	201 5 201 4 201 3 Weighted average fair value of options granted $ 21.99 $ 26.25 $ 23.90 Assumptions: Risk-free interest rate 1.25 % 1.67 % 0.70 % Expected dividend yield 1.04 % 0.93 % 1.20 % Expected stock price volatility 28.0 % 33.0 % 45.0 % Expected life of options (years) 4.6 4.6 5.1
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Pension liability adjustments (a) Gain on investments (b) Foreign currency translation adjustment Accumulated other comprehensive income (loss) Balance at December 28, 2013 $ (17,140 ) $ 9,393 $ 28,164 $ 20,417 2014 activity (12,475 ) 1,398 (30,466 ) (41,543 ) Balance at December 27, 2014 (29,615 ) 10,791 (2,302 ) (21,126 ) 2015 activity 20,893 793 (46,231 ) (24,545 ) Balance at January 2, 2016 $ (8,722 ) $ 11,584 $ (48,533 ) $ (45,671 )

Note 14 - Income Taxes (Tables)

Note 14 - Income Taxes (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	201 5 201 4 201 3 Domestic $ 1,313 $ 35,264 $ 20,254 Foreign 105,635 96,382 103,982 Income before income taxes $ 106,948 $ 131,646 $ 124,236 Current: Federal $ (6,686 ) $ 8,003 $ 8,265 State 2,078 1,275 2,084 Foreign 17,611 27,438 18,462 Subtotal 13,003 36,716 28,811 Deferred: Federal and State 11,330 (1,513 ) 3,251 Foreign 149 (2,975 ) 3,389 Subtotal 11,479 (4,488 ) 6,640 Provision for income taxes $ 24,482 $ 32,228 $ 35,451
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	201 5 201 4 201 3 Tax expense at statutory rate of 35% $ 37,432 $ 46,076 $ 43,481 State and local taxes, net of federal tax benefit 1,907 1,186 1,076 Foreign income tax rate differential (19,853 ) (14,981 ) (15,497 ) Capital loss valuation allowance — — 6,085 Tax on unremitted earnings — — (349 ) Mexico manufacturing operations restructuring 4,841 — — Nondeductible professional fees 1,011 — — Other, net (856 ) (53 ) 655 Provision for income taxes $ 24,482 $ 32,228 $ 35,451
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	20 15 20 14 Deferred tax assets: Accrued expenses $ 19,738 $ 27,088 Foreign tax credit carryforwards 1,529 5,299 AMT credit carryforwards — 167 Accrued restructuring 1,115 124 Capital losses 4,557 4,557 Domestic and foreign net operating loss carryforwards 684 525 Gross deferred tax assets 27,623 37,760 Less: Valuation allowance (4,557 ) (4,557 ) Total deferred tax assets 23,066 33,203 Deferred tax liabilities: Tax depreciation and amortization in excess of book 22,747 21,405 Total deferred tax liabilities 22,747 21,405 Net deferred tax assets $ 319 $ 11,798
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	Balance at December 28, 2013 $ 112 Balance at December 27, 2014 112 Increases/decreases for tax positions taken in the current year — Additions for tax positions taken in prior years — Settlements — Lapses of statute of limitations — Other (10 ) Balance at January 2, 2016 $ 102

Note 15 - Business Unit Segme39

Note 15 - Business Unit Segment Information (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	20 15 20 14 20 13 Net sales Electronics $ 405,497 $ 410,065 $ 367,052 Automotive 339,957 325,415 267,207 Industrial 122,410 116,515 123,594 Total net sales $ 867,864 $ 851,995 $ 757,853 Depreciation and amortization Electronics $ 22,936 $ 22,177 $ 20,735 Automotive 13,437 14,204 9,928 Industrial 5,268 5,494 3,817 Total depreciation and amortization $ 41,641 $ 41,875 $ 34,480 (Table continued from prior page.) 20 15 20 14 201 3 Operating income (loss) Electronics $ 78,194 $ 86,981 $ 69,559 Automotive 53,086 45,086 39,170 Industrial 18,094 10,674 24,363 Other (1) (45,217 ) (8,911 ) (3,211 ) Total operating income 104,157 133,830 129,881 Interest expense 4,091 4,903 2,917 Impairment and equity in net loss of unconsolidated affiliate (2) — — 10,678 Foreign exchange loss (gain) (1,465 ) 3,925 (3,303 ) Other expense (income), net (5,417 ) (6,644 ) (4,646 ) Income before income taxes $ 106,948 $ 131,646 $ 124,235
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]	201 5 201 4 201 3 Net sales United States $ 344,305 $ 313,762 $ 274,666 China 193,792 189,191 158,494 Other countries 329,767 349,042 324,693 Total net sales $ 867,864 $ 851,995 $ 757,853 Long-lived assets United States $ 23,965 $ 34,179 $ 27,294 China 37,241 40,981 45,843 Canada 10,488 12,899 14,429 Other countries 90,874 70,581 62,607 Total long-lived assets $ 162,568 $ 158,640 $ 150,173 201 5 201 4 2013 Additions to long-lived assets United States $ 8,609 $ 9,134 $ 4,644 China 9,710 7,265 7,864 Canada 506 555 2,280 Other countries 25,194 15,327 20,165 Total additions to long-lived assets $ 44,019 $ 32,281 $ 34,953

Note 16 - Lease Commitments (Ta

Note 16 - Lease Commitments (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	2016 $ 8,886 2017 5,227 2018 3,984 2019 3,358 2020 3,163 2021 and thereafter 10,021 $ 34,639

Note 17 - Earnings Per Share (T

Note 17 - Earnings Per Share (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	(In thousands, except per share amounts) 201 5 201 4 20 13 Net income as reported $ 82,466 $ 99,418 $ 88,784 Less: Distributed earnings available to participating securities — — (35 ) Less: Undistributed earnings available to participating securities — — (16 ) Numerator for basic earnings per share — Undistributed and distributed earnings available to common shareholders $ 82,466 $ 99,418 $ 88,733 Add: Undistributed earnings allocated to participating securities — — 16 Less: Undistributed earnings reallocated to participating securities — — (16 ) Numerator for diluted earnings per share — Undistributed and distributed earnings available to common shareholders $ 82,466 $ 99,418 $ 88,733 Denominator for basic earnings per share — Weighted-average shares 22,565 22,543 22,315 Effect of dilutive securities: Common stock equivalents 154 184 222 Denominator for diluted earnings per share — Adjusted for weighted-average shares & assumed conversions 22,719 22,727 22,537 Basic earnings per share $ 3.65 $ 4.41 $ 3.98 Diluted earnings per share $ 3.63 $ 4.37 $ 3.94

Note 18 - Selected Quarterly 42

Note 18 - Selected Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Schedule of Quarterly Financial Information [Table Text Block]	20 15 20 14 4Q a 3Q b 2Q c 1Q d 4Q e 3Q f 2Q g 1Q h Net sales $ 220,020 $ 215,510 $ 222,021 $ 210,313 $ 206,620 $ 217,608 $ 220,908 $ 206,859 Gross profit 82,706 86,182 85,281 76,330 75,559 87,380 82,995 78,494 Operating income 29,854 8,584 36,171 29,548 26,391 40,130 33,719 33,590 Net income 22,463 11,324 28,684 19,995 19,511 29,940 24,578 25,389 Net income per share: Basic $ 1.00 $ 0.50 $ 1.26 $ 0.88 $ 0.86 $ 1.33 $ 1.09 $ 1.13 Diluted $ 1.00 $ 0.50 $ 1.26 $ 0.88 $ 0.86 $ 1.32 $ 1.08 $ 1.12

Schedule II (Tables)

Schedule II (Tables)	12 Months Ended
	Jan. 02, 2016
Notes Tables
Summary of Valuation Allowance [Table Text Block]	Description Balance at Beginning o f Year Charged to Costs and Expenses (1) Deductions (2) Other (3) Balance at End of Year Year ended January 2, 2016 Allowance for losses on accounts receivable $ 278 $ 164 $ 150 $ 27 $ 319 Reserves for sales discounts and allowances $ 19,140 $ 81,335 $ 82,997 $ (310 ) $ 17,168 Deferred tax valuation allowance $ 4,557 $ — $ — $ — $ 4,557 Year ended December 27, 2014 Allowance for losses on accounts receivable $ 790 $ 130 $ 656 $ 14 $ 278 Reserves for sales discounts and allowances $ 16,117 $ 85,825 $ 82,568 $ (234 ) $ 19,140 Deferred tax valuation allowance $ 6,250 $ — $ 1,693 $ — $ 4,557 Year ended December 28, 2013 Allowance for losses on accounts receivable $ 705 $ 2,289 $ 2,316 $ 112 $ 790 Reserves for sales discounts and allowances $ 12,803 $ 77,659 $ 74,432 $ 87 $ 16,117 Deferred tax valuation allowance $ 784 $ 6,085 $ 619 $ — $ 6,250

Note 1 - Summary of Significa44

Note 1 - Summary of Significant Accounting Policies and Other Information (Details Textual) - USD ($)	12 Months Ended
	Jan. 02, 2016	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013	Sep. 28, 2015	Sep. 27, 2015
Building [Member]
Property, Plant and Equipment, Useful Life		21 years
Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life		7 years
Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life		9 years
Furniture and Fixtures [Member]
Property, Plant and Equipment, Useful Life		7 years
Tooling [Member]
Property, Plant and Equipment, Useful Life		5 years
Computer Equipment [Member]
Property, Plant and Equipment, Useful Life		3 years
Minimum [Member] | Trademarks and Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life		5 years
Minimum [Member] | Patents Licenses And Software [Member]
Finite-Lived Intangible Asset, Useful Life		7 years
Minimum [Member] | Distribution Rights [Member]
Finite-Lived Intangible Asset, Useful Life		3 years
Maximum [Member] | Trademarks and Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life		20 years
Maximum [Member] | Patents Licenses And Software [Member]
Finite-Lived Intangible Asset, Useful Life		17 years
Maximum [Member] | Distribution Rights [Member]
Finite-Lived Intangible Asset, Useful Life		20 years
Electronics Non Silicon Unit [Member]
Excess Of Fair Value Over Carrying Value Of Invested Capital						148.00%
Electronics (Silicon) Unit [Member]
Excess Of Fair Value Over Carrying Value Of Invested Capital						95.00%
Passenger Car [Member]
Excess Of Fair Value Over Carrying Value Of Invested Capital						188.00%
Commercial Vehicle Products [Member]
Excess Of Fair Value Over Carrying Value Of Invested Capital						218.00%
Sensors [Member]
Excess Of Fair Value Over Carrying Value Of Invested Capital						76.00%
Relay Unit [Member]
Excess Of Fair Value Over Carrying Value Of Invested Capital						26.00%
Custom Products Unit [Member]
Excess Of Fair Value Over Carrying Value Of Invested Capital						12.00%
Fair Value Inputs, Discount Rate		14.70%
Fair Value Inputs, Control Premium		3.00%
Fuse Unit [Member]
Excess Of Fair Value Over Carrying Value Of Invested Capital						198.00%
All Reporting Units Other Than Sensor and Relay Unit [Member]
Fair Value Inputs, Discount Rate		11.70%
Fair Value Inputs, Long-term Revenue Growth Rate		3.00%
Sensor and Relay Unit [Member]
Fair Value Inputs, Discount Rate		13.70%
Fair Value Inputs, Control Premium		2.00%
Patents Licenses And Software [Member]
Finite-Lived Intangible Asset, Useful Life		11 years 219 days	11 years 255 days
Distribution Rights [Member]
Finite-Lived Intangible Asset, Useful Life		12 years 146 days	12 years 146 days
Reclassification of Deferred Tax Assets from Current to Noncurrent [Member] | Fiscal Year Ended 2014 [Member]
Prior Period Reclassification Adjustment		$ 17,500,000
Goodwill, Impaired, Accumulated Impairment Loss	$ 0	$ 0	$ 0	$ 0	$ 0
Number of Reportable Segments		8
Sensitivity Analysis Increase In Discount Rate					1.00%
Sensitivity Analysis Decrease In Long Term Growth Rate, Percent					1.00%
Finite-Lived Intangible Asset, Useful Life		12 years 146 days	12 years 182 days
Defined Benefit Plan, Purchases, Sales, and Settlements		$ 29,900,000
Advertising Expense		2,300,000	$ 2,800,000	1,600,000
Shipping, Handling and Transportation Costs		7,000,000	6,700,000	6,500,000
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax		7,900,000	4,600,000	5,200,000
Other Nonoperating Income (Expense)	$ 5,417,000	$ 5,417,000	$ 6,644,000	$ 4,646,000

Note 2 - Acquisition of Busin45

Note 2 - Acquisition of Businesses (Details Textual) - USD ($) $ in Thousands

Oct. 01, 2015

Jan. 03, 2014

Jan. 02, 2016

Sep. 26, 2015

Jun. 27, 2015

Mar. 28, 2015

Dec. 27, 2014

Jun. 28, 2014

Mar. 29, 2014

Jun. 28, 2014

Jan. 02, 2016

Jan. 02, 2016

Dec. 27, 2014

Dec. 28, 2013

Sigmar [Member] | Patents [Member]

Finite-Lived Intangible Asset, Useful Life

10 years

Sigmar [Member]

Business Acquisition, Percentage of Voting Interests Acquired

100.00%

Payments to Acquire Businesses, Net of Cash Acquired

$ 5,400

Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High

$ 600

Sym Com Inc [Member] | Patents [Member] | Minimum [Member]

Finite-Lived Intangible Asset, Useful Life

16 years

Sym Com Inc [Member] | Patents [Member] | Maximum [Member]

Finite-Lived Intangible Asset, Useful Life

17 years

Sym Com Inc [Member] | Trademarks [Member] | Minimum [Member]

Finite-Lived Intangible Asset, Useful Life

15 years

Sym Com Inc [Member] | Trademarks [Member] | Maximum [Member]

Finite-Lived Intangible Asset, Useful Life

20 years

Sym Com Inc [Member]

Business Combination, Acquisition Related Costs

$ 200

Business Acquisition, Percentage of Voting Interests Acquired

100.00%

Payments to Acquire Businesses, Net of Cash Acquired

$ 52,800

Business Acquisition Inventory Stepup

$ 2,600

2,800

$ 2,800

Noncash Charges Related To Inventory Stepup

$ 1,400

$ 1,400

$ 1,400

Business Combination, Acquisition Related Costs

$ 4,000

$ 300

$ 200

$ 200

$ 300

$ 4,600

$ 500

$ 1,700

Payments to Acquire Businesses, Net of Cash Acquired

$ 4,558

$ 56,368

$ 144,382

Finite-Lived Intangible Asset, Useful Life

12 years 146 days

12 years 182 days

Note 2 - Acquisition of Busin46

Note 2 - Acquisition of Businesses - Final Purchase Price Allocations (Details)	Jan. 02, 2016USD ($)
Sigmar [Member] | Patents [Member]
Patents	$ 2,845,000
Sigmar [Member]
Cash	230,000
Current assets, net	4,011,000
Property, plant and equipment	1,097,000
Goodwill	2,060,000
Current liabilities	(1,704,000)
Other non-current liabilities	(2,906,000)
	5,633,000
Sym Com Inc [Member] | Patents [Member]
Patents	1,500,000
Sym Com Inc [Member] | Trademarks [Member]
Patents	17,020,000
Sym Com Inc [Member]
Cash	325,000
Current assets, net	9,154,000
Property, plant and equipment	11,193,000
Goodwill	15,018,000
Current liabilities	(1,137,000)
	53,093,000
Other non-current assets	20,000
Goodwill	$ 189,767,000

Note 3 - Inventories - Componen

Note 3 - Inventories - Components of Inventories (Details) - USD ($) $ in Thousands	Jan. 02, 2016	Dec. 27, 2014
Raw materials	$ 33,599	$ 29,756
Work in process	16,479	15,164
Finished goods	48,551	52,471
Total	$ 98,629	$ 97,391

Note 4 - Goodwill and Other I48

Note 4 - Goodwill and Other Intangible Assets (Details Textual) - USD ($)	12 Months Ended
	Jan. 02, 2016	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013	Sep. 28, 2015
Automotive [Member]
Goodwill, Acquired During Period		$ 1,994,000
Electronics [Member]
Goodwill, Acquired During Period			$ 1,654,000
Industrial [Member]
Goodwill, Acquired During Period			14,920,000
Goodwill, Impaired, Accumulated Impairment Loss	$ 0	$ 0	0	$ 0	$ 0
Goodwill, Acquired During Period		1,470,000	16,574,000
Amortization of Intangible Assets	$ 11,898,000	$ 11,900,000	$ 12,501,000	$ 9,279,000

Note 4 - Amounts for Goodwill a

Note 4 - Amounts for Goodwill and Changes in Carrying Value by Operating Segment (Details) - USD ($)	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Electronics [Member]
Goodwill	$ 58,246,000	$ 60,510,000	$ 60,446,000
Electronics	(524,000)
Electronics	(1,740,000)	(1,590,000)
Goodwill, Acquired During Period		1,654,000
Automotive [Member]
Goodwill	80,262,000	81,717,000	84,981,000
Electronics	(3,449)	$ (3,264)
Goodwill, Acquired During Period	1,994,000
Industrial [Member]
Goodwill	51,259,000	$ 54,029,000	41,037,000
Electronics	$ (2,770)	(1,928)
Goodwill, Acquired During Period		14,920,000
Goodwill	$ 189,767,000	196,256,000	$ 186,464,000
Electronics	(7,959)	(6,782)
Goodwill, Acquired During Period	$ 1,470,000	$ 16,574,000

Note 4 - Details of Other Intan

Note 4 - Details of Other Intangible Assets and Related Future Amortization Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014
Patents Licenses And Software [Member]
Finite-Lived Intangible Asset, Useful Life	11 years 219 days	11 years 255 days
Patents, licenses and software(a)	$ 61,297	$ 62,378
Patents, licenses and software(a)	$ 41,076	$ 38,738
Distribution Rights [Member]
Finite-Lived Intangible Asset, Useful Life	12 years 146 days	12 years 146 days
Patents, licenses and software(a)	$ 45,564	$ 46,850
Patents, licenses and software(a)	$ 29,074	$ 27,422
Customer Lists, Trademarks and Tradenames [Member]
Finite-Lived Intangible Asset, Useful Life	13 years	13 years 73 days
Patents, licenses and software(a)	$ 81,233	$ 80,821
Patents, licenses and software(a)	$ 30,534	$ 25,246
Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life
Patents, licenses and software(a)	$ 4,213	$ 5,030
Patents, licenses and software(a)
Finite-Lived Intangible Asset, Useful Life	12 years 146 days	12 years 182 days
Patents, licenses and software(a)	$ 192,307	$ 195,079
Patents, licenses and software(a)	$ 100,684	$ 91,406

Note 4 - Estimated Amortization

Note 4 - Estimated Amortization Expense Related to Intangible Assets with Definite Lives (Details) $ in Thousands	Jan. 02, 2016USD ($)
2,016	$ 11,162
2,017	10,745
2,018	10,628
2,019	10,582
2,020	10,582
2021 and thereafter	33,711
	$ 87,410

Note 5 - Investments (Details T

Note 5 - Investments (Details Textual) € in Millions, $ in Millions	12 Months Ended
	Jan. 02, 2016USD ($)	Jan. 02, 2016EUR (€)	Jan. 02, 2016USD ($)	Dec. 27, 2014EUR (€)	Dec. 27, 2014USD ($)
Polytronics [Member]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners		7.20%	7.20%	7.20%	7.20%
Marketable Securities, Equity Securities		€ 10.7	$ 11.7	€ 9.9	$ 12.1
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, before Tax	$ 0.9
Monolith [Member]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners		12.00%	12.00%
Cost Method Investments			$ 3.5
Cost Method Investments, Fair Value Disclosure			$ 3.5

Note 6 - Investment in Uncons53

Note 6 - Investment in Unconsolidated Affiliate (Details Textual) - USD ($)	1 Months Ended		3 Months Ended											12 Months Ended
	Nov. 30, 2012	Apr. 30, 2012	Jan. 02, 2016	Sep. 26, 2015	Jun. 27, 2015	Mar. 28, 2015	Dec. 27, 2014	Sep. 27, 2014	Jun. 28, 2014	Mar. 29, 2014	Dec. 28, 2013	Mar. 30, 2013	Dec. 29, 2012	Jan. 02, 2016	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013	Dec. 29, 2012
Shocking [Member] | Equity Method Investments [Member]
Operating Income (Loss)																		$ 4,000,000
Other than Temporary Impairment Losses, Investments												$ 8,700,000
Shocking [Member] | Loans Receivable [Member]
Other than Temporary Impairment Losses, Investments												2,000,000
Shocking [Member]
Investments in and Advances to Affiliates, at Fair Value, Gross Additions		$ 10,000,000
Investments in and Advances to Affiliates, at Fair Value		$ 16,000,000
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners		18.40%
Increase (Decrease) in Notes Receivables	$ 2,000,000
Other than Temporary Impairment Losses, Investments												10,700,000
Investments												$ 0
Income Taxes Paid, Net											$ 6,100,000
Income Tax Expense (Benefit)											$ 3,300,000		$ 2,800,000
Operating Income (Loss)			$ 29,854,000	$ 8,584,000	$ 36,171,000	$ 29,548,000	$ 26,391,000	$ 40,130,000	$ 33,719,000	$ 33,590,000				$ 104,157,000	$ 104,157,000	$ 133,830,000	$ 129,881,000
Income Tax Expense (Benefit)														$ 24,482,000	$ 24,482,000	$ 32,228,000	$ 35,451,000

Note 7 - Debt (Details Textual)

Note 7 - Debt (Details Textual) $ in Thousands, ¥ in Millions	Jan. 30, 2014USD ($)	May. 31, 2013USD ($)	Sep. 28, 2013	Jan. 02, 2016USD ($)	Dec. 27, 2014USD ($)	Dec. 28, 2013USD ($)	Jan. 02, 2016CNY (¥)	Dec. 27, 2014CNY (¥)	Jun. 29, 2013USD ($)	Jun. 29, 2013CNY (¥)
JP Morgan Securities LLC [Member] | Unsecured Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 275,000	$ 225,000
Line of Credit Facility, Remaining Borrowing Capacity				$ 197,900
Debt Instrument, Basis Spread on Variable Rate				1.25%
Line of Credit Facility, Interest Rate at Period End				1.68%			1.68%
Debt Issuance Cost	100
Line Of Credit Facility Increase in Maximum Borrowing Capacity	$ 50,000
JP Morgan Securities LLC [Member]
Line of Credit Facility, Maximum Borrowing Capacity		325,000
Loans Payable to Bank		$ 100,000
Line of Credit Facility, Expiration Period		5 years
Hamlin Inc [Member]
Number of Credit Lines Assumed After Acquisition									3	3
Line of Credit Facility, Current Borrowing Capacity									$ 6,600	¥ 41
Number of Credit Lines Assumed After Acquisition That Expired During Period			2
Entrustment Loan Member
Debt Instrument, Interest Rate, Stated Percentage					5.25%			5.25%
Loans Payable to Bank				$ 85,000	$ 93,750
Debt Issuance Cost		$ 800
Letters of Credit Outstanding, Amount				100	800	$ 800
Entrusted Loan				9,474	17,908			¥ 110
Entrusted Loan, Total				9,500			¥ 61.5
Interest Paid				$ 4,100	$ 4,900	$ 2,900

Note 7 - Debt - Carrying Amount

Note 7 - Debt - Carrying Amounts of Long-term Debt (Details) $ in Thousands, ¥ in Millions	Jan. 02, 2016USD ($)	Dec. 27, 2014USD ($)
Loans Payable to Bank	$ 85,000	$ 93,750
Revolving credit facility	77,000	83,500
Entrusted Loan	9,474	17,908
Total debt	171,474	195,158
Less: Current maturities	87,000	88,500
Total long-term debt	$ 84,474	$ 106,658

Note 9 - Fair Value of Assets56

Note 9 - Fair Value of Assets and Liabilities (Details Textual) $ in Millions	Jan. 02, 2016USD ($)
Monolith [Member]
Cost Method Investments, Fair Value Disclosure	$ 3.5

Note 9 - Fair Value of Assets57

Note 9 - Fair Value of Assets and Liabilities - Assets Measured at Fair Value (Details) - USD ($) $ in Thousands	Jan. 02, 2016	Dec. 27, 2014
Fair Value, Inputs, Level 1 [Member] | Polytronics [Member]
Investment in Polytronics	$ 11,697	$ 12,056
Fair Value, Inputs, Level 1 [Member] | Monolith [Member]
Investment in Polytronics	11,697
Fair Value, Inputs, Level 1 [Member]
Total		12,056
Polytronics [Member]
Investment in Polytronics	11,697	12,056
Monolith [Member]
Investment in Polytronics	$ 11,697
Total		$ 12,056

Note 10 - Coal Mining Liabili58

Note 10 - Coal Mining Liability (Details Textual) € in Millions, $ in Millions	Jan. 02, 2016EUR (€)	Jan. 02, 2016USD ($)	Dec. 27, 2014EUR (€)	Dec. 27, 2014USD ($)
Loss Contingency, Accrual, Noncurrent	€ 1.8	$ 2	€ 1.9	$ 2.4

Note 11 - Asset Impairments (De

Note 11 - Asset Impairments (Details Textual) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 27, 2014	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Selling, General and Administrative Expenses [Member]
Asset Impairment Charges			$ 300,000
Manufacturing Facility in Des Plaines, Illinois [Member]
Disposal Group, Including Discontinued Operation, Assets	$ 5,500,000	$ 0	$ 5,500,000
Asset Impairment Charges	$ 300,000	$ 0		$ 0

Note 12 - Benefit Plans (Detail

Note 12 - Benefit Plans (Details Textual) - USD ($)	3 Months Ended			12 Months Ended
	Jan. 02, 2016	Jan. 02, 2016	Oct. 03, 2015	Jan. 02, 2016	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Supplemental Executive Retirement Plan (SERP) [Member]
Defined Contribution Plan, Cost Recognized					$ 100,000	$ 100,000	$ 100,000
United States Pension Plan of US Entity [Member]
Pension Contributions			$ 9,100,000
Define Benefit Plan, Pre-tax Settlement Charge			$ 30,200,000
Defined Benefit Plan Total Cost Credit Of The Plan					1,964,000	(613,000)	$ (253,000)
Defined Benefit Plan, Accumulated Benefit Obligation	$ 0	$ 0		$ 0	$ 0	$ 105,759,000
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets					6.80%	6.80%	6.80%
Foreign Pension Plan [Member]
Defined Benefit Plan Total Cost Credit Of The Plan					$ 434,000	$ 909,000	$ 1,043,000
Defined Benefit Plan, Accumulated Benefit Obligation	46,200,000	46,200,000		46,200,000	$ 46,200,000	$ 48,900,000
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets					5.10%	4.90%	4.80%
Minimum [Member]
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay					4.00%
Maximum [Member]
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay					5.00%
Define Benefit Plan, Pre-tax Settlement Charge				$ 29,928,000
Premium Refund of Annuity Contract	$ 300,000	$ (300,000)
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements					$ 29,900,000
Defined Benefit Plan Total Cost Credit Of The Plan					32,400,000	$ 300,000	$ 800,000
Defined Benefit Plan, Amount to be Amortized from Accumulated Other Comprehensive Income (Loss) Next Fiscal Year					$ 300,000
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay					4.00%
Defined Contribution Plan, Employer Discretionary Contribution Amount					$ 2,800,000	$ 2,100,000	$ 1,700,000
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent					90.00%

Note 12 - Benefit Plan Related

Note 12 - Benefit Plan Related Information (Details) - USD ($)	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
United States Pension Plan of US Entity [Member]
Change in benefit obligation:
Benefit obligation at beginning of year	$ 105,759,000	$ 84,422,000
Service cost	750,000	600,000	$ 600,000
Interest cost	3,093,000	3,884,000	3,565,000
Net actuarial loss (gain)	(9,127,000)	22,025,000
Benefits paid from the trust	$ (100,475,000)	$ (5,172,000)
Benefits paid directly by company
Curtailments and settlements
Effect of exchange rate movements
Benefit obligation at end of year		$ 105,759,000	84,422,000
Change in plan assets at fair value:
Fair value of plan assets at beginning of year	$ 93,991,000	83,748,000
Actual return on plan assets	(2,375,000)	10,416,000
Employer contributions	8,859,000	5,000,000
Benefits paid from the trust	$ (100,475,000)	$ (5,172,000)
Effect of exchange rate movements
Fair value of plan assets at end of year		$ 93,991,000	83,748,000
Net amount recognized/(unfunded status)		(11,768,000)
Amounts recognized in the Consolidated Balance Sheet consist of:
Current portion of accrued benefit liability		$ (11,768,000)
Accrued benefit liability
Total liability recognized		$ (11,768,000)
Accumulated other comprehensive loss		34,801,000
Foreign Pension Plan [Member]
Change in benefit obligation:
Benefit obligation at beginning of year	$ 52,740,000	50,331,000
Service cost	824,000	925,000	744,000
Interest cost	1,735,000	2,060,000	1,376,000
Net actuarial loss (gain)	648,000	5,652,000
Benefits paid from the trust	(1,732,000)	(2,525,000)
Benefits paid directly by company	(410,000)	$ (155,000)
Curtailments and settlements	(294,000)
Effect of exchange rate movements	(3,229,000)	$ (3,548,000)
Benefit obligation at end of year	50,282,000	52,740,000	50,331,000
Change in plan assets at fair value:
Fair value of plan assets at beginning of year	47,593,000	42,477,000
Actual return on plan assets	389,000	5,141,000
Employer contributions	1,072,000	5,596,000
Benefits paid from the trust	(1,732,000)	(2,525,000)
Effect of exchange rate movements	(2,693,000)	(3,096,000)
Fair value of plan assets at end of year	44,629,000	47,593,000	42,477,000
Net amount recognized/(unfunded status)	$ (5,653,000)	$ (5,147,000)
Amounts recognized in the Consolidated Balance Sheet consist of:
Current portion of accrued benefit liability
Accrued benefit liability	$ (5,653,000)	$ (5,147,000)
Total liability recognized	(5,653,000)	(5,147,000)
Accumulated other comprehensive loss	9,383,000	7,671,000
Benefit obligation at beginning of year	158,499,000	134,753,000
Service cost	1,574,000	1,525,000
Interest cost	4,828,000	5,944,000
Net actuarial loss (gain)	(8,479,000)	27,677,000
Benefits paid from the trust	(102,207,000)	(7,697,000)
Benefits paid directly by company	(410,000)	$ (155,000)
Curtailments and settlements	(294,000)
Effect of exchange rate movements	(3,229,000)	$ (3,548,000)
Benefit obligation at end of year	50,282,000	158,499,000	134,753,000
Fair value of plan assets at beginning of year	141,584,000	126,225,000
Actual return on plan assets	(1,986,000)	15,557,000
Employer contributions	9,931,000	10,596,000
Benefits paid from the trust	(102,207,000)	(7,697,000)
Effect of exchange rate movements	(2,693,000)	(3,096,000)
Fair value of plan assets at end of year	44,629,000	141,584,000	$ 126,225,000
Net amount recognized/(unfunded status)	$ (5,653,000)	(16,915,000)
Current portion of accrued benefit liability		(11,768,000)
Accrued benefit liability	$ (5,653,000)	(5,147,000)
Total liability recognized	(5,653,000)	(16,915,000)
Accumulated other comprehensive loss	$ 9,383,000	$ 42,472,000

Note 12 - Amounts Recognized in

Note 12 - Amounts Recognized in Accumulated Other Comprehensive Income (Loss), Pre-tax (Details) - USD ($) $ in Thousands	Jan. 02, 2016	Dec. 27, 2014
United States Pension Plan of US Entity [Member]
Net actuarial loss		$ 34,801
Net amount recognized /occurring, pre-tax		34,801
Foreign Pension Plan [Member]
Net actuarial loss	$ 9,383	7,671
Net amount recognized /occurring, pre-tax	9,383	7,671
Net actuarial loss	9,383	42,472
Net amount recognized /occurring, pre-tax	$ 9,383	$ 42,472

Note 12 - Components of Net Per

Note 12 - Components of Net Periodic Benefit Cost (Details) - USD ($)	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
United States Pension Plan of US Entity [Member]
Components of net periodic benefit cost:
Service cost	$ 750,000	$ 600,000	$ 600,000
Interest cost	3,093,000	3,884,000	3,565,000
Expected return on plan assets	$ (2,749,000)	$ (5,646,000)	$ (5,360,000)
Amortization of prior service (credit)
Amortization of losses	$ 870,000	$ 549,000	$ 942,000
Total cost (credit) of the plan for the year	1,964,000	(613,000)	(253,000)
Expected plan participants’ contributions	0	0	0
Net periodic benefit cost (credit)	1,964,000	$ (613,000)	$ (253,000)
Settlement loss	29,928,000
Total expense (income) for the year	31,892,000	$ (613,000)	$ (253,000)
Foreign Pension Plan [Member]
Components of net periodic benefit cost:
Service cost	824,000	925,000	744,000
Interest cost	1,735,000	2,060,000	1,376,000
Expected return on plan assets	$ (2,346,000)	$ (2,292,000)	$ (1,207,000)
Amortization of prior service (credit)
Amortization of losses	$ 221,000	$ 216,000	$ 130,000
Total cost (credit) of the plan for the year	434,000	909,000	1,043,000
Expected plan participants’ contributions	0	0	0
Net periodic benefit cost (credit)	$ 434,000	$ 909,000	$ 1,043,000
Settlement loss
Total expense (income) for the year	$ 434,000	$ 909,000	$ 1,043,000
Service cost	1,574,000	1,525,000
Interest cost	4,828,000	5,944,000
Total cost (credit) of the plan for the year	$ 32,400,000	$ 300,000	$ 800,000

Note 12 - Weighted Average Assu

Note 12 - Weighted Average Assumptions (Details)	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
United States Pension Plan of US Entity [Member]
Discount rate	3.90%	4.80%	3.90%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets	6.80%	6.80%	6.80%
Compensation increase rate
Measurement dates	9/30/15	12/31/14	12/31/13
Discount rate	3.90%	3.90%	4.80%
Compensation increase rate
Foreign Pension Plan [Member]
Discount rate	3.70%	3.70%	4.50%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets	5.10%	4.90%	4.80%
Compensation increase rate	5.30%	3.80%	3.60%
Measurement dates	12/31/15	12/31/14	12/31/13
Discount rate	3.80%	3.70%	4.50%
Compensation increase rate	6.20%	5.30%	3.80%

Note 12 - Expected Benefit Paym

Note 12 - Expected Benefit Payments to Be Paid to Participants (Details) - Foreign Pension Plan [Member] $ in Thousands	Jan. 02, 2016USD ($)
2,016	$ 1,964
2,017	2,012
2,018	2,032
2,019	2,065
2,020	2,101
2021-2025	$ 11,831

Note 12 - Allocation of Plan As

Note 12 - Allocation of Plan Assets (Details)	Jan. 02, 2016	Dec. 27, 2014
Equity Securities [Member] | United States Pension Plan of US Entity [Member]
Equity securities	0.00%	0.00%
Equity Securities [Member] | Foreign Pension Plan [Member]
Equity securities	30.00%	30.00%
Debt Securities [Member] | United States Pension Plan of US Entity [Member]
Equity securities	0.00%	91.00%
Debt Securities [Member] | Foreign Pension Plan [Member]
Equity securities	65.00%	68.00%
Cash [Member] | United States Pension Plan of US Entity [Member]
Equity securities	0.00%	9.00%
Cash [Member] | Foreign Pension Plan [Member]
Equity securities	5.00%	2.00%
United States Pension Plan of US Entity [Member]
Equity securities	0.00%	100.00%
Foreign Pension Plan [Member]
Equity securities	100.00%	100.00%

Note 12 - Company's U.S and Ger

Note 12 - Company's U.S and German Pension Plan Assets Measured at Fair Value (Details) - USD ($) $ in Thousands	Jan. 02, 2016	Dec. 27, 2014
Equity Securities [Member] | Global Equity Index Fund [Member] | Fair Value, Inputs, Level 2 [Member]
Investments	$ 12,801	$ 13,168
Equity Securities [Member] | Global Equity Index Fund [Member]
Investments	12,801	$ 13,168
Equity Securities [Member] | Philippine Stock [Member] | Fair Value, Inputs, Level 2 [Member]
Investments
Equity Securities [Member] | Philippine Stock [Member] | Fair Value, Inputs, Level 1 [Member]
Investments	836	$ 1,069
Equity Securities [Member] | Philippine Stock [Member]
Investments	836	1,069
Fixed Income Investments [Member] | Investment Grade Corporate Bond Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Investments	6,807	8,118
Fixed Income Investments [Member] | Investment Grade Corporate Bond Funds [Member]
Investments	6,807	8,118
Fixed Income Investments [Member] | Long U.S. Credit Corp Index Fund [Member] | Fair Value, Inputs, Level 2 [Member]
Investments		42,911
Fixed Income Investments [Member] | Long U.S. Credit Corp Index Fund [Member]
Investments		42,911
Fixed Income Investments [Member] | Over 15y Gilts Index Fund [Member] | Fair Value, Inputs, Level 2 [Member]
Investments	3,428	3,814
Fixed Income Investments [Member] | Over 15y Gilts Index Fund [Member]
Investments	3,428	3,814
Fixed Income Investments [Member] | Long U.S. Govt Bond Index Fund [Member] | Fair Value, Inputs, Level 2 [Member]
Investments		24,116
Fixed Income Investments [Member] | Long U.S. Govt Bond Index Fund [Member]
Investments		24,116
Fixed Income Investments [Member] | Active Corp Bond Over 10 Yr Fund [Member] | Fair Value, Inputs, Level 2 [Member]
Investments	6,440	7,065
Fixed Income Investments [Member] | Active Corp Bond Over 10 Yr Fund [Member]
Investments	6,440	7,065
Fixed Income Investments [Member] | Intermediate US Govt Bond Index Fund [Member] | Fair Value, Inputs, Level 2 [Member]
Investments		18,884
Fixed Income Investments [Member] | Intermediate US Govt Bond Index Fund [Member]
Investments		18,884
Fixed Income Investments [Member] | Over 5y Index Linked Gilts Fund [Member] | Fair Value, Inputs, Level 2 [Member]
Investments	10,248	11,352
Fixed Income Investments [Member] | Over 5y Index Linked Gilts Fund [Member]
Investments	10,248	11,352
Fixed Income Investments [Member] | Philippine Long Govt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investments	1,227	1,059
Fixed Income Investments [Member] | Philippine Long Govt Securities [Member]
Investments	1,227	1,059
Fixed Income Investments [Member] | Philippine Long Corporate Bonds [Member] | Fair Value, Inputs, Level 1 [Member]
Investments	781	781
Fixed Income Investments [Member] | Philippine Long Corporate Bonds [Member]
Investments	781	781
Fair Value, Inputs, Level 2 [Member]
Total pension plan assets	32,917	121,310
Fair Value, Inputs, Level 1 [Member]
Cash and equivalents	2,061	9,247
Total pension plan assets	11,712	20,274
Cash and equivalents	2,061	9,247
Total pension plan assets	$ 44,629	$ 141,584

Note 13 - Shareholders' Equit68

Note 13 - Shareholders' Equity (Details Textual) - USD ($)	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Employee Stock Option [Member] | Granted After February 2005 [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Share-based Compensation Arrangement by Share-based Payment Award, Award Exercise Period	7 years
Employee Stock Option [Member] | Granted After February 2005 [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Exercise Period	10 years
Employee Stock Option [Member] | Granted After February 2005 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	4 years
Employee Stock Option [Member] | Maximum [Member] | Granted After February 2005 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	5 years
Employee Stock Option [Member] | Granted Prior to 2002 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	5 years
Share-based Compensation Arrangement by Share-based Payment Award, Award Exercise Period	10 years
Employee Stock Option [Member] | Granted in 2002 through February 2005 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	5 years
Share-based Compensation Arrangement by Share-based Payment Award, Award Exercise Period	10 years
Restricted Stock [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Restricted Stock [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	4 years
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	600,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value	$ 5,000,000	$ 9,600,000	$ 15,300,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value	8,100,000	7,600,000	6,500,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Share-based Liabilities Paid	400,000	300,000	100,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 13,200,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	1 year 328 days
Allocated Share-based Compensation Expense	$ 10,700,000	9,400,000	8,900,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	3,700,000	3,300,000	3,200,000
Accumulated Other Comprehensive Income (Loss), Pension and Other Post-retirement Benefit Plans, Liability Adjustment Tax	661,000	12,587,000	6,549,000
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	$ 0	$ 0	$ 0
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	1,000,000
Stock Repurchased During Period, Shares	350,000
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	650,000

Note 13 - Reconciliation of Out

Note 13 - Reconciliation of Outstanding Stock Options (Details) $ in Thousands	12 Months Ended
	Jan. 02, 2016USD ($)$ / sharesshares
Outstanding (in shares) | shares	421,862
Outstanding (in dollars per share) | $ / shares	$ 67.88
Granted (in shares) | shares	145,140
Granted (in dollars per share) | $ / shares	$ 96.18
Exercised (in shares) | shares	(95,548)
Exercised (in dollars per share) | $ / shares	$ 48.74
Forfeited (in shares) | shares	(550)
Forfeited (in dollars per share) | $ / shares	$ 29.68
Outstanding (in shares) | shares	470,904
Outstanding (in dollars per share) | $ / shares	$ 80.53
Outstanding	4 years 292 days
Outstanding | $	$ 12,470
Exercisable (in shares) | shares	199,472
Exercisable (in dollars per share) | $ / shares	$ 66.23
Exercisable	3 years 219 days
Exercisable | $	$ 8,135

Note 13 - Reconciliation of Non

Note 13 - Reconciliation of Nonvested Restricted Share and Share Unit Awards (Details) shares in Thousands	12 Months Ended
	Jan. 02, 2016$ / sharesshares
Nonvested (in shares) | shares	188,998
Nonvested (in dollars per share) | $ / shares	$ 78.91
Granted (in shares) | shares	103,002
Granted (in dollars per share) | $ / shares	$ 94.10
Vested (in shares) | shares	(88,901)
Vested (in dollars per share) | $ / shares	$ 73.59
Forfeited (in shares) | shares	(8,638)
Forfeited (in dollars per share) | $ / shares	$ 80.40
Nonvested (in shares) | shares	194,461
Nonvested (in dollars per share) | $ / shares	$ 89.32

Note 13 - Weighted Average Fair

Note 13 - Weighted Average Fair Value of Options Granted and Black-Scholes Option Valuation Model Assumptions (Details) - $ / shares	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Weighted average fair value of options granted (in dollars per share)	$ 21.99	$ 26.25	$ 23.90
Risk-free interest rate	1.25%	1.67%	0.70%
Expected dividend yield	1.04%	0.93%	1.20%
Expected stock price volatility	28.00%	33.00%	45.00%
Expected life of options (years)	4 years 219 days	4 years 219 days	5 years 36 days

Note 13 - Shareholders' Equit72

Note 13 - Shareholders' Equity - Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jan. 02, 2016	Jan. 02, 2016		Dec. 27, 2014		Dec. 28, 2013
Balance at December 28, 2013	[1]	$ (8,722)	$ (8,722)		$ (29,615)		$ (17,140)
Balance at December 28, 2013	[2]	11,584	11,584		10,791		9,393
Balance at December 28, 2013		(48,533)	(48,533)		(2,302)		28,164
Balance at December 28, 2013		(45,671)	(45,671)		(21,126)		20,417
2014 activity		(1,761)	20,893	[1]	(12,475)	[1]	3,739
2014 activity		$ 793	793	[2]	1,398	[2]	1,526
2014 activity			(46,231)		(30,466)		$ (1,396)
2014 activity			$ (24,545)		$ (41,543)
[1]	Net of tax of $661, $12,587, and $6,549 for 2015, 2014 and 2013, respectively.
[2]	Net of tax of $0, $0 and $0 for 2015, 2014 and 2013, respectively.

Note 14 - Income Taxes (Details

Note 14 - Income Taxes (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jan. 02, 2016	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Accumulated Defined Benefit Plans Adjustment Attributable to Noncontrolling Interest [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Income Tax Expense (Benefit)		$ 11,700
CHINA
Income Tax Holiday, Aggregate Dollar Amount		$ 2,600
Income Tax Holiday Expense (Benefit) Amount Per Diluted Share		$ 0.11
Income Tax Expense (Benefit)	$ 24,482	$ 24,482	$ 32,228	$ 35,451
Income Taxes Paid		23,300	26,600	30,400
Undistributed Earnings of Foreign Subsidiaries	367,900	367,900
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	100	100
Unrecognized Tax Benefits	$ 102	$ 102	$ 112	$ 112

Note 14 - Federal, State, and F

Note 14 - Federal, State, and Foreign Income Tax (Benefit) Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Domestic	$ 1,313	$ 35,264	$ 20,254
Foreign	105,635	96,382	103,982
Income before income taxes	106,948	131,646	124,236
Current:
Federal	(6,686)	8,003	8,265
State	2,078	1,275	2,084
Foreign	17,611	27,438	18,462
Subtotal	13,003	36,716	28,811
Deferred:
Federal and State	11,330	(1,513)	3,251
Foreign	149	(2,975)	3,389
Subtotal	11,479	(4,488)	6,640
Provision for income taxes	$ 24,482	$ 32,228	$ 35,451

Note 14 - Effective Income Tax

Note 14 - Effective Income Tax Reconciliation and Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
MEXICO
Mexico manufacturing operations restructuring	$ 4,841
Tax expense at statutory rate of 35%	37,432	$ 46,076	$ 43,481
State and local taxes, net of federal tax benefit	1,907	1,186	1,076
Foreign income tax rate differential	$ (19,853)	$ (14,981)	(15,497)
Capital loss valuation allowance			6,085
Tax on unremitted earnings			$ (349)
Nondeductible professional fees	$ 1,011
Other, net	(856)	$ (53)	$ 655
Provision for income taxes	$ 24,482	$ 32,228	$ 35,451

Note 14 - Deferred Tax Assets a

Note 14 - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jan. 02, 2016	Dec. 27, 2014
Deferred tax assets:
Accrued expenses	$ 19,738	$ 27,088
Foreign tax credit carryforwards	$ 1,529	5,299
AMT credit carryforwards		167
Accrued restructuring	$ 1,115	124
Capital losses	4,557	4,557
Domestic and foreign net operating loss carryforwards	684	525
Gross deferred tax assets	27,623	37,760
Less: Valuation allowance	(4,557)	(4,557)
Total deferred tax assets	23,066	33,203
Deferred tax liabilities:
Tax depreciation and amortization in excess of book	22,747	21,405
Total deferred tax liabilities	22,747	21,405
Net deferred tax assets	$ 319	$ 11,798

Note 14 - Reconciliation of the

Note 14 - Reconciliation of the Beginning and Ending Amount of Unrecognized Tax Benefits (Details) $ in Thousands	12 Months Ended
	Jan. 02, 2016USD ($)
Unrecognized Tax Benefits	$ 102
Balance	112
Other	(10)
Balance	$ 102

Note 15 - Business Unit Segme78

Note 15 - Business Unit Segment Information (Details Textual) - USD ($)	3 Months Ended								6 Months Ended	12 Months Ended
	Jan. 02, 2016	Sep. 26, 2015	Jun. 27, 2015	Mar. 28, 2015	Dec. 27, 2014	Sep. 27, 2014	Jun. 28, 2014	Mar. 29, 2014	Jun. 28, 2014	Jan. 02, 2016	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Cost of Sales [Member] | Facility Relocation [Member]
Restructuring Charges											$ 5,200,000
Cost of Sales [Member] | Sym Com Inc [Member]
Noncash Charges Related To Inventory Stepup												$ 2,800,000
Cost of Sales [Member] | Hamlin Inc [Member]
Noncash Charges Related To Inventory Stepup													$ 1,500,000
Cost of Sales [Member]
Severance Costs												2,700,000
Selling, General and Administrative Expenses [Member] | Sym Com Inc [Member]
Business Combination, Acquisition Related Costs												400,000
Selling, General and Administrative Expenses [Member] | Hamlin Inc [Member]
Business Combination, Acquisition Related Costs													1,700,000
Selling, General and Administrative Expenses [Member] | Other Segments [Member]
Asset Impairment Charges												100,000
Selling, General and Administrative Expenses [Member]
Business Combination, Acquisition Related Costs											4,600,000
Pension and Other Postretirement Benefit Expense											31,900,000
Legal Fees											3,600,000	2,200,000
Other Nonrecurring (Income) Expense											200,000
Severance Costs											$ 500,000
Asset Impairment Charges												300,000
Research and Development Expense [Member] | Other Segments [Member]
Asset Impairment Charges												200,000
Facility Relocation [Member]
Restructuring Charges	$ 2,100,000	$ 1,200,000	$ 900,000	$ 1,000,000
Sym Com Inc [Member]
Business Combination, Acquisition Related Costs							$ 200,000
Noncash Charges Related To Inventory Stepup							1,400,000	$ 1,400,000	$ 1,400,000
Severance Costs							$ 2,000,000
Sales Revenue, Goods, Net [Member] | Geographic Concentration Risk [Member] | Outside the United States [Member]
Concentration Risk, Percentage											60.00%
Sales Revenue, Goods, Net [Member] | Geographic Concentration Risk [Member] | CHINA
Concentration Risk, Percentage											22.00%
Number of Operating Segments											3,000,000
Restructuring Charges					$ 2,200,000	$ 1,100,000
Business Combination, Acquisition Related Costs	4,000,000	300,000	200,000	200,000	300,000						$ 4,600,000	$ 500,000	1,700,000
Legal Fees	(100,000)	900,000	$ 1,700,000	$ 1,200,000
Other Nonrecurring (Income) Expense	$ (300,000)	$ 100,000
Asset Impairment Charges					$ 300,000						$ 0		0
Impairment And Equity In Net Loss Of Unconsolidated Affiliate													$ 10,678,000

Note 15 - Business Unit Segme79

Note 15 - Business Unit Segment Information - Business Unit Segment Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Electronics [Member]
Net sales	$ 405,497	$ 410,065	$ 367,052
Depreciation and amortization	22,936	22,177	20,735
Operating income	78,194	86,981	69,559
Automotive [Member]
Net sales	339,957	325,415	267,207
Depreciation and amortization	13,437	14,204	9,928
Operating income	53,086	45,086	39,170
Industrial [Member]
Net sales	122,410	116,515	123,594
Depreciation and amortization	5,268	5,494	3,817
Operating income	18,094	10,674	24,363
Other Segments [Member]
Operating income	(45,217)	(8,911)	(3,211)
Net sales	867,864	851,995	757,853
Depreciation and amortization	41,641	41,875	34,480
Operating income	104,157	133,830	129,881
Interest expense	$ 4,091	$ 4,903	2,917
Impairment and equity in net loss of unconsolidated affiliate (2)			10,678
Foreign exchange loss (gain)	$ 1,465	$ (3,925)	3,303
Other expense (income), net	5,417	6,644	4,646
Income before income taxes	$ 106,948	$ 131,646	$ 124,236

Note 15 - Business Unit Segme80

Note 15 - Business Unit Segment Information - Revenues and Long-lived Assets by Geographical Area (Details) - USD ($) $ in Thousands		3 Months Ended		12 Months Ended
		Jan. 02, 2016	Dec. 27, 2014	Jan. 02, 2016	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
UNITED STATES
Net sales
Net sales	[1]				$ 344,305	$ 313,762	$ 274,666
Long-lived assets:
Long-lived assets		$ 23,965	$ 34,179	$ 23,965	23,965	34,179	27,294
Additions to long-lived assets					8,609	9,134	4,644
CHINA
Net sales
Net sales	[1]				193,792	189,191	158,494
Long-lived assets:
Long-lived assets		37,241	40,981	37,241	37,241	40,981	45,843
Additions to long-lived assets					9,710	7,265	7,864
Other Countries [Member]
Net sales
Net sales	[1]				329,767	349,042	324,693
Long-lived assets:
Long-lived assets		90,874	70,581	90,874	90,874	70,581	62,607
Additions to long-lived assets					25,194	15,327	20,165
CANADA
Long-lived assets:
Long-lived assets		10,488	12,899	10,488	10,488	12,899	14,429
Additions to long-lived assets					506	555	2,280
Net sales		220,020	206,620	867,864	867,864	851,995	757,853
Long-lived assets		$ 162,568	$ 158,640	$ 162,568	162,568	158,640	150,173
Additions to long-lived assets					$ 44,019	$ 32,281	$ 34,953
[1]	Sales by country represent sale to customer or distributor locations.

Note 16 - Lease Commitments (De

Note 16 - Lease Commitments (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Operating Leases, Rent Expense	$ 11.1	$ 8.9	$ 8.9

Note 16 - Future Minimum Paymen

Note 16 - Future Minimum Payments for All Non-cancelable Operating Leases (Details) $ in Thousands	Jan. 02, 2016USD ($)
2,016	$ 8,886
2,017	5,227
2,018	3,984
2,019	3,358
2,020	3,163
2021 and thereafter	10,021
	$ 34,639

Note 17 - Earnings Per Share (D

Note 17 - Earnings Per Share (Details Textual) - shares	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Equity Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	113,130	43,693	96,401

Note 17 - Computation of Basic

Note 17 - Computation of Basic and Diluted Earnings Per Share under the Two-class Method (Details) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Net income as reported	$ 82,466	$ 99,418	$ 88,784
Less: Distributed earnings available to participating securities			(35)
Less: Undistributed earnings available to participating securities			(16)
Numerator for basic earnings per share —
Undistributed and distributed earnings available to common shareholders	$ 82,466	$ 99,418	88,733
Add: Undistributed earnings allocated to participating securities			16
Less: Undistributed earnings reallocated to participating securities			(16)
Numerator for diluted earnings per share —
Undistributed and distributed earnings available to common shareholders	$ 82,466	$ 99,418	$ 88,733
Denominator for basic earnings per share —
Weighted-average shares (in shares)	22,565	22,543	22,315
Effect of dilutive securities:
Common stock equivalents (in shares)	154	184	222
Denominator for diluted earnings per share —
Adjusted for weighted-average shares & assumed conversions (in shares)	22,719	22,727	22,537
Basic earnings per share (in dollars per share)	$ 3.65	$ 4.41	$ 3.98
Diluted earnings per share (in dollars per share)	$ 3.63	$ 4.37	$ 3.94

Note 18 - Selected Quarterly 85

Note 18 - Selected Quarterly Financial Data (Unaudited) (Details Textual) - USD ($)	3 Months Ended									6 Months Ended	12 Months Ended
	Jan. 02, 2016	Jan. 02, 2016	Sep. 26, 2015	Jun. 27, 2015	Mar. 28, 2015	Dec. 27, 2014	Sep. 27, 2014	Jun. 28, 2014	Mar. 29, 2014	Jun. 28, 2014	Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Facility Relocation [Member]
Restructuring Charges		$ 2,100,000	$ 1,200,000	$ 900,000	$ 1,000,000
Sym Com Inc [Member]
Business Combination, Acquisition Related Costs								$ 200,000
Noncash Charges Related To Inventory Stepup								1,400,000	$ 1,400,000	$ 1,400,000
Severance Costs								$ 2,000,000
Restructuring Charges						$ 2,200,000	$ 1,100,000
Legal Fees		(100,000)	900,000	1,700,000	1,200,000
Business Combination, Acquisition Related Costs		4,000,000	300,000	200,000	200,000	300,000					$ 4,600,000	$ 500,000	$ 1,700,000
Premium Refund of Annuity Contract	$ 300,000	(300,000)
Other Nonrecurring (Income) Expense		$ (300,000)	100,000
Defined Benefit Plan, Settlements, Benefit Obligation			$ 30,800,000	$ 700,000	$ 700,000
Asset Impairment Charges						$ 300,000					$ 0		$ 0

Note 18 - Quarterly Financial I

Note 18 - Quarterly Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 02, 2016	Sep. 26, 2015	Jun. 27, 2015	Mar. 28, 2015	Dec. 27, 2014	Sep. 27, 2014	Jun. 28, 2014	Mar. 29, 2014
Net sales	$ 220,020	$ 215,510	$ 222,021	$ 210,313	$ 206,620	$ 217,608	$ 220,908	$ 206,859
Gross profit	82,706	86,182	85,281	76,330	75,559	87,380	82,995	78,494
Operating Income (Loss)	29,854	8,584	36,171	29,548	26,391	40,130	33,719	33,590
Net income	$ 22,463	$ 11,324	$ 28,684	$ 19,995	$ 19,511	$ 29,940	$ 24,578	$ 25,389
Net income per share:
Basic (in dollars per share)	$ 1	$ 0.50	$ 1.26	$ 0.88	$ 0.86	$ 1.33	$ 1.09	$ 1.13
Diluted (in dollars per share)	$ 1	$ 0.50	$ 1.26	$ 0.88	$ 0.86	$ 1.32	$ 1.08	$ 1.12

Note 19 - Subsequent Event (Det

Note 19 - Subsequent Event (Details Textual) $ in Millions	3 Months Ended
	Apr. 02, 2016USD ($)
TE Connectivity Ltd. [Member] | Scenario, Forecast [Member]
Business Combination, Consideration Transferred	$ 350

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts and Reserve (Details) - USD ($)		12 Months Ended
		Jan. 02, 2016	Dec. 27, 2014	Dec. 28, 2013
Allowance for Doubtful Accounts [Member]
Balance at Beginning of Year		$ 278	$ 790	$ 705
Charged to Costs and Expenses	[1]	164	130	2,289
Deductions	[2]	150	656	2,316
Charge to other accounts	[3]	27	14	112
Balance at End of Year		319	278	790
Reserve for Cash Discount [Member]
Balance at Beginning of Year		19,140	16,117	12,803
Charged to Costs and Expenses	[1]	81,335	85,825	77,659
Deductions	[2]	82,997	82,568	74,432
Charge to other accounts	[3]	(310)	(234)	87
Balance at End of Year		17,168	19,140	16,117
Valuation Allowance of Deferred Tax Assets [Member]
Balance at Beginning of Year		$ 4,557	$ 6,250	784
Charged to Costs and Expenses	[1]			6,085
Deductions	[2]		$ 1,693	$ 619
Charge to other accounts	[3]
Balance at End of Year		$ 4,557	$ 4,557	$ 6,250
[1]	Includes provision for doubtful accounts, sales returns and sales discounts granted to customers.
[2]	Represents uncollectible accounts written off, net of recoveries and credits issued to customers and the write-off of certain deferred tax assets that previously had full valuation allowances.
[3]	Represents business acquisitions and foreign currency translation adjustments.