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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 26, 2021
Dec. 25, 2020
Current assets:    
Cash and cash equivalents $ 264.3 $ 200.3
Accounts receivable, net of allowance for doubtful accounts of $0.2 and $0.3 at March 26, 2021 and December 25, 2020, respectively 168.0 145.5
Inventories 189.2 180.4
Prepaid expenses and other current assets 14.7 18.9
Total current assets 636.2 545.1
Property, plant and equipment, net 157.3 159.2
Goodwill 171.1 171.1
Intangibles assets, net 155.6 160.5
Deferred tax assets, net 22.3 23.5
Operating lease right-of-use assets 41.7 37.8
Other non-current assets 6.4 5.3
Total assets 1,190.6 1,102.5
Current liabilities:    
Bank borrowings 8.0 7.4
Accounts payable 164.9 121.3
Accrued compensation and related benefits 30.9 34.5
Operating lease liabilities 12.4 11.7
Other current liabilities 46.9 26.3
Total current liabilities 263.1 201.2
Bank borrowings, net of current portion 259.8 261.6
Deferred tax liabilities 33.6 33.6
Operating lease liabilities 33.9 31.1
Other liabilities 23.6 23.8
Total liabilities 614.0 551.3
Commitments and contingencies (See Note 10)
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; 40.6 shares issued and outstanding at March 26, 2021 and December 25, 2020 0.1 0.1
Additional paid-in capital 316.3 312.8
Common shares held in treasury, at cost, 0.6 shares at March 26, 2021 and December 25, 2020 (3.3) (3.3)
Retained earnings 242.9 217.9
Accumulated other comprehensive gain 1.6 5.1
Total UCT stockholders' equity 557.6 532.6
Noncontrolling interests 19.0 18.6
Total equity 576.6 551.2
Total liabilities and stockholders' equity $ 1,190.6 $ 1,102.5