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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 25, 2021
Dec. 25, 2020
Current assets:    
Cash and cash equivalents $ 451.4 $ 200.3
Accounts receivable, net of allowance for doubtful accounts of $0.5 and $0.3 at June 25, 2021 and December 25, 2020, respectively 210.4 145.5
Inventories 302.0 180.4
Prepaid expenses and other current assets 35.5 18.9
Total current assets 999.3 545.1
Property, plant and equipment, net 218.3 159.2
Goodwill 257.2 171.1
Intangibles assets, net 270.5 160.5
Deferred tax assets, net 23.3 23.5
Operating lease right-of-use assets 69.8 37.8
Other non-current assets 8.3 5.3
Total assets 1,846.7 1,102.5
Current liabilities:    
Bank borrowings 21.6 7.4
Accounts payable 231.0 121.3
Accrued compensation and related benefits 43.9 34.5
Operating lease liabilities 16.0 11.7
Other current liabilities 42.5 26.3
Total current liabilities 355.0 201.2
Bank borrowings, net of current portion 573.1 261.6
Deferred tax liabilities 45.5 33.6
Operating lease liabilities 54.3 31.1
Other liabilities 30.1 23.8
Total liabilities 1,058.0 551.3
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; 44.7 shares and 40.6 shares issued and outstanding at June 25, 2021 and December 25, 2020, respectively 0.1 0.1
Additional paid-in capital 506.1 312.8
Common shares held in treasury, at cost, 0.6 shares at June 25, 2021 and December 25, 2020 (3.3) (3.3)
Retained earnings 260.0 217.9
Accumulated other comprehensive gain 4.6 5.1
Total UCT stockholders' equity 767.5 532.6
Noncontrolling interests 21.2 18.6
Total equity 788.7 551.2
Total liabilities and stockholders' equity $ 1,846.7 $ 1,102.5