XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Apr. 01, 2022
Revenues:    
Total revenues $ 433.3 $ 564.1
Cost of revenues:    
Total cost revenues 360.3 450.4
Gross margin 73.0 113.7
Operating expenses:    
Research and development 7.1 6.8
Sales and marketing 13.1 13.8
General and administrative 40.4 47.4
Total operating expenses 60.6 68.0
Income from operations 12.4 45.7
Interest income 0.5 0.0
Interest expense (11.8) (6.4)
Other income (expense), net 2.8 0.0
Income before provision for income taxes 3.9 39.3
Provision for income taxes 3.5 8.5
Net income 0.4 30.8
Less: Net income (loss) attributable to noncontrolling interests 3.8 2.9
Net income (loss) attributable to UCT $ (3.4) $ 27.9
Net income (loss) per share attributable to UCT common stockholders:    
Basic $ (0.08) $ 0.62
Diluted $ (0.08) $ 0.61
Shares used in computing net income (loss) per share:    
Basic 44.8 44.9
Diluted 44.8 45.6
Product [Member]    
Revenues:    
Revenue from contract with customer including assessed tax $ 368.6 $ 486.8
Cost of revenues:    
Cost of goods and service excluding depreciation depletion and amortization 315.1 399.5
Services [Member]    
Revenues:    
Revenue from contract with customer including assessed tax 64.7 77.3
Cost of revenues:    
Cost of goods and service excluding depreciation depletion and amortization $ 45.2 $ 50.9