XML 165 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 27, 2024
Dec. 29, 2023
Current assets:    
Cash and cash equivalents $ 313.9 $ 307.0
Accounts receivable, net of allowance for credit losses of $2.1 and $1.0 at December 27, 2024 and December 29, 2023, respectively 241.1 180.8
Inventories 381.0 374.5
Prepaid expenses and other current assets 34.1 30.9
Total current assets 970.1 893.2
Property, plant and equipment, net 325.9 328.3
Goodwill 265.3 265.2
Intangible assets, net 184.9 215.3
Deferred tax assets, net 3.1 3.1
Operating lease right-of-use assets 161.0 151.7
Other non-current assets 9.6 10.9
Total assets 1,919.9 1,867.7
Current liabilities:    
Bank borrowings 16.0 17.6
Accounts payable 212.5 192.9
Accrued compensation and related benefits 50.1 47.7
Operating lease liabilities 18.6 18.1
Other current liabilities 38.4 33.7
Total current liabilities 335.6 310.0
Bank borrowings, net of current portion 476.5 461.2
Deferred tax liabilities 16.1 19.0
Operating lease liabilities 149.2 143.0
Other liabilities 6.7 37.3
Total liabilities 984.1 970.5
Commitments and contingencies (See Note 10)
UCT stockholders’ equity:    
Preferred stock — $0.001 par value, 10.0 shares authorized; none outstanding 0.0 0.0
Common stock — $0.001 par value, 90.0 shares authorized; 46.6 and 46.1 shares issued and 45.1 and 44.6 shares outstanding at December 27, 2024 and December 29, 2023, respectively 0.1 0.1
Additional paid-in capital 558.4 541.5
Common shares held in treasury, at cost, 1.5 and 1.5 shares at December 27, 2024 and December 29, 2023, respectively (45.0) (45.0)
Retained earnings 370.4 346.7
Accumulated other comprehensive loss (10.3) (4.4)
Total UCT stockholders' equity 873.6 838.9
Noncontrolling interests 62.2 58.3
Total equity 935.8 897.2
Total liabilities and equity $ 1,919.9 $ 1,867.7