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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 28, 2018
Dec. 29, 2017
Current assets:    
Cash and cash equivalents $ 160,340 $ 68,306
Accounts receivable, net of allowance of $235 and $69, respectively 95,056 90,213
Inventories 198,578 236,840
Prepaid expenses and other 30,873 12,089
Total current assets 484,847 407,448
Property and equipment, net 133,746 32,246
Goodwill 151,869 85,248
Purchased intangibles, net 203,180 31,587
Deferred tax assets, net 4,918 4,951
Other non-current assets 8,072 1,932
Total assets 986,632 563,412
Current liabilities:    
Bank borrowings 42,818 12,381
Accounts payable 95,178 173,521
Accrued compensation and related benefits 18,981 10,788
Deferred rent, current portion 684 670
Other current liabilities 17,962 9,987
Total current liabilities 175,623 207,347
Bank borrowings, net of current portion 330,984 39,893
Deferred tax liability 9,868 9,981
Other non-current liabilities 23,409 5,886
Total liabilities 539,884 263,107
Commitments and contingencies (See Note 9)
Stockholders’ equity:    
Preferred stock — $0.001 par value, 10,000,000 authorized; none outstanding
Common stock — $0.001 par value, 90,000,000 authorized; 39,001,184 and 33,664,940 shares issued and outstanding, in 2018 and 2017, respectively 39 34
Additional paid-in capital 287,293 188,639
Common shares held in treasury, at cost, 601,944 shares in 2018 and 2017 (3,337) (3,337)
Retained earnings 150,826 113,122
Accumulated other comprehensive gain (43) 1,847
Ultra Clean Holdings, Inc. stockholders' equity 434,778 300,305
Noncontrolling interest 11,970  
Total stockholders’ equity 446,748 300,305
Total liabilities and stockholders’ equity $ 986,632 $ 563,412