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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2019
Dec. 28, 2018
Current assets:    
Cash and cash equivalents $ 154,774 $ 144,145
Accounts receivable, net of allowance of $85 and $123, respectively 110,971 106,956
Inventories 180,299 186,116
Prepaid expenses and other 28,056 25,708
Total current assets 474,100 462,925
Property and equipment, net 141,082 143,459
Goodwill 150,226 150,226
Purchased intangibles, net 188,653 193,507
Deferred tax assets, net 10,201 10,167
Operating lease right-of-use assets 32,892  
Other non-current assets 6,091 5,193
Total assets 1,003,245 965,477
Current liabilities:    
Bank borrowings 9,686 9,671
Accounts payable 99,204 99,011
Accrued compensation and related benefits 18,912 15,846
Operating lease liabilities 10,554  
Other current liabilities 18,337 14,770
Total current liabilities 156,693 139,298
Bank borrowings, net of current portion 329,810 331,549
Deferred tax liability 15,834 15,834
Operating lease liabilities 25,132  
Other non-current liabilities 22,247 27,808
Total liabilities 549,716 514,489
Commitments and contingencies (See Note 11)
Stockholders’ equity:    
Preferred stock — $0.001 par value, 10,000,000 authorized; none outstanding
Common stock — $0.001 par value, 90,000,000 authorized; 39,288,237 and 39,065,935 shares issued and outstanding, in 2019 and 2018, respectively 40 40
Additional paid-in capital 292,487 290,424
Common shares held in treasury, at cost, 601,944 shares in 2019 and 2018 (3,337) (3,337)
Retained earnings 150,323 149,718
Accumulated other comprehensive loss (1,423) (547)
Ultra Clean Holdings, Inc. stockholders' equity 438,090 436,298
Noncontrolling interest 15,439 14,690
Total stockholders’ equity 453,529 450,988
Total liabilities and stockholders’ equity $ 1,003,245 $ 965,477