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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 24, 2021
Dec. 25, 2020
Current assets:    
Cash and cash equivalents $ 457.0 $ 200.3
Accounts receivable, net of allowance for doubtful accounts of $0.2 and $0.3 at September 24, 2021 and December 25, 2020, respectively 232.5 145.5
Inventories 324.6 180.4
Prepaid expenses and other current assets 38.6 18.9
Total current assets 1,052.7 545.1
Property, plant and equipment, net 227.9 159.2
Goodwill 263.6 171.1
Intangibles assets, net 261.0 160.5
Deferred tax assets, net 23.1 23.5
Operating lease right-of-use assets 87.0 37.8
Other non-current assets 8.7 5.3
Total assets 1,924.0 1,102.5
Current liabilities:    
Bank borrowings 23.2 7.4
Accounts payable 271.3 121.3
Accrued compensation and related benefits 52.0 34.5
Operating lease liabilities 18.2 11.7
Other current liabilities 46.3 26.3
Total current liabilities 411.0 201.2
Bank borrowings, net of current portion 545.1 261.6
Deferred tax liabilities 44.4 33.6
Operating lease liabilities 69.5 31.1
Other liabilities 13.7 23.8
Total liabilities 1,083.7 551.3
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; 44.9 shares and 40.6 shares issued and outstanding at September 24, 2021 and December 25, 2020, respectively 0.1 0.1
Additional paid-in capital 510.4 312.8
Common shares held in treasury, at cost, 0.6 shares at September 24, 2021 and December 25, 2020 (3.3) (3.3)
Retained earnings 291.9 217.9
Accumulated other comprehensive gain 0.9 5.1
Total UCT stockholders' equity 800.0 532.6
Noncontrolling interests 40.3 18.6
Total equity 840.3 551.2
Total liabilities and stockholders' equity $ 1,924.0 $ 1,102.5