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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 27, 2020
Dec. 27, 2019
Current assets:    
Cash and cash equivalents $ 208.1 $ 162.5
Accounts receivable, net of allowance for doubtful accounts of $0.2 at March 27, 2020 and $0.3 at December 27, 2019 113.2 112.7
Inventories 187.0 172.4
Prepaid expenses and other current assets 19.6 19.4
Total current assets 527.9 467.0
Property, plant and equipment, net 143.4 145.3
Goodwill 171.1 171.1
Intangibles assets, net 175.4 180.3
Deferred tax assets, net 13.9 15.5
Operating lease right-of-use assets 35.6 34.9
Other non-current assets 4.9 5.2
Total assets 1,072.2 1,019.3
Current liabilities:    
Bank borrowings 8.3 8.8
Accounts payable 129.3 133.1
Accrued compensation and related benefits 25.0 24.8
Operating lease liabilities 13.4 13.2
Other current liabilities 37.0 30.7
Total current liabilities 213.0 210.6
Bank borrowings, net of current portion 323.9 283.4
Deferred tax liabilities 24.6 25.2
Operating lease liabilities 28.8 28.8
Other liabilities 19.1 18.8
Total liabilities 609.4 566.8
Commitments and contingencies (See Note 9)
UCT stockholders’ equity:    
Preferred stock — $0.001 par value, 10.0 shares authorized; none outstanding
Common stock — $0.001 par value, 90.0 shares authorized; 39.9 shares issued and outstanding at March 27, 2020 and December 27, 2019 0.1 0.1
Additional paid-in capital 304.0 300.9
Common shares held in treasury, at cost, 0.6 shares at March 27, 2020 and December 27, 2019 (3.3) (3.3)
Retained earnings 149.7 140.3
Accumulated other comprehensive loss (4.6) (1.3)
Total UCT stockholders' equity 445.9 436.7
Noncontrolling interests 16.9 15.8
Total equity 462.8 452.5
Total liabilities and equity $ 1,072.2 $ 1,019.3