Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 28, 2025	Dec. 27, 2024
Current assets:
Cash and cash equivalents	$ 317.6	$ 313.9
Accounts receivable, net of allowance for credit losses of $1.4 and $2.1 at March 28, 2025 and December 27, 2024, respectively	217.9	241.1
Inventories	374.6	381.0
Prepaid expenses and other current assets	37.7	34.1
Total current assets	947.8	970.1
Property, plant and equipment, net	328.6	325.9
Goodwill	265.3	265.3
Intangible assets, net	177.6	184.9
Deferred tax assets, net	3.5	3.1
Operating lease right-of-use assets	157.2	161.0
Other non-current assets	11.0	9.6
Total assets	1,891.0	1,919.9
Current liabilities:
Bank borrowings	10.0	16.0
Accounts payable	207.4	212.5
Accrued compensation and related benefits	39.7	50.1
Operating lease liabilities	18.6	18.6
Other current liabilities	37.5	38.4
Total current liabilities	313.2	335.6
Bank borrowings, net of current portion	470.9	476.5
Deferred tax liabilities	16.2	16.1
Operating lease liabilities	146.9	149.2
Other liabilities	7.0	6.7
Total liabilities	954.2	984.1
Commitments and contingencies (See Note 9)
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 46.6 shares issued and 45.1 and 45.1 shares outstanding at March 28, 2025 and December 27, 2024, respectively	0.1	0.1
Additional paid-in capital	561.3	558.4
Common shares held in treasury, at cost, 1.5 and 1.5 shares at March 28, 2025 and December 27, 2024, respectively	(45.0)	(45.0)
Retained earnings	365.4	370.4
Accumulated other comprehensive loss	(9.8)	(10.3)
Total UCT stockholders’ equity	872.0	873.6
Noncontrolling interests	64.8	62.2
Total equity	936.8	935.8
Total liabilities and equity	$ 1,891.0	$ 1,919.9