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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 25, 2020
Dec. 27, 2019
Current assets:    
Cash and cash equivalents $ 176.1 $ 162.5
Accounts receivable, net of allowance for doubtful accounts of $0.3 at September 25, 2020 and December 27, 2019 145.5 112.7
Inventories 175.3 172.4
Prepaid expenses and other current assets 17.2 19.4
Total current assets 514.1 467.0
Property, plant and equipment, net 150.5 145.3
Goodwill 171.1 171.1
Intangibles assets, net 165.5 180.3
Deferred tax assets, net 15.8 15.5
Operating lease right-of-use assets 38.1 34.9
Other non-current assets 5.2 5.2
Total assets 1,060.3 1,019.3
Current liabilities:    
Bank borrowings 7.5 8.8
Accounts payable 111.4 133.1
Accrued compensation and related benefits 30.8 24.8
Operating lease liabilities 12.1 13.2
Other current liabilities 33.5 30.7
Total current liabilities 195.3 210.6
Bank borrowings, net of current portion 272.6 283.4
Deferred tax liabilities 25.2 25.2
Operating lease liabilities 31.2 28.8
Other liabilities 17.5 18.8
Total liabilities 541.8 566.8
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; 40.5 shares and 39.9 shares issued and outstanding at September 25, 2020 and December 27, 2019, respectively 0.1 0.1
Additional paid-in capital 309.2 300.9
Common shares held in treasury, at cost, 0.6 shares at September 25, 2020 and December 27, 2019 (3.3) (3.3)
Retained earnings 195.4 140.3
Accumulated other comprehensive loss (1.3) (1.3)
Total UCT stockholders' equity 500.1 436.7
Noncontrolling interests 18.4 15.8
Total equity 518.5 452.5
Total liabilities and equity $ 1,060.3 $ 1,019.3