Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 27, 2025	Dec. 27, 2024
Current assets:
Cash and cash equivalents	$ 327.4	$ 313.9
Accounts receivable, net of allowance for credit losses of $2.3 and $2.1 at June 27, 2025 and December 27, 2024, respectively	206.7	241.1
Inventories	375.6	381.0
Prepaid expenses and other current assets	46.1	34.1
Total current assets	955.8	970.1
Property, plant and equipment, net	336.7	325.9
Goodwill	114.2	265.3
Intangible assets, net	170.6	184.9
Deferred tax assets, net	2.8	3.1
Operating lease right-of-use assets	153.9	161.0
Other non-current assets	11.6	9.6
Total assets	1,745.6	1,919.9
Current liabilities:
Bank borrowings	10.0	16.0
Accounts payable	202.2	212.5
Accrued compensation and related benefits	47.6	50.1
Operating lease liabilities	18.6	18.6
Other current liabilities	33.6	38.4
Total current liabilities	312.0	335.6
Bank borrowings, net of current portion	468.4	476.5
Deferred tax liabilities	16.2	16.1
Operating lease liabilities	151.4	149.2
Other liabilities	7.8	6.7
Total liabilities	955.8	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; 47.0 and 46.6 shares issued and 45.3 and 45.1 shares outstanding at June 27, 2025 and December 27, 2024, respectively	0.1	0.1
Additional paid-in capital	568.8	558.4
Common shares held in treasury, at cost, 1.7 and 1.5 shares at June 27, 2025 and December 27, 2024, respectively	(48.4)	(45.0)
Retained earnings	203.4	370.4
Accumulated other comprehensive loss	(4.5)	(10.3)
Total UCT stockholders’ equity	719.4	873.6
Noncontrolling interests	70.4	62.2
Total equity	789.8	935.8
Total liabilities and equity	$ 1,745.6	$ 1,919.9