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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 26, 2025
Dec. 27, 2024
Current assets:    
Cash and cash equivalents $ 314.1 $ 313.9
Accounts receivable, net of allowance for credit losses of $1.2 and $2.1 at September 26, 2025 and December 27, 2024, respectively 199.5 241.1
Inventories 382.2 381.0
Prepaid expenses and other current assets 45.6 34.1
Total current assets 941.4 970.1
Property, plant and equipment, net 329.1 325.9
Goodwill 114.2 265.3
Intangible assets, net 163.7 184.9
Deferred tax assets, net 3.1 3.1
Operating lease right-of-use assets 156.9 161.0
Other non-current assets 12.1 9.6
Total assets 1,720.5 1,919.9
Current liabilities:    
Bank borrowings 9.9 16.0
Accounts payable 191.2 212.5
Accrued compensation and related benefits 49.6 50.1
Operating lease liabilities 18.6 18.6
Other current liabilities 24.1 38.4
Total current liabilities 293.4 335.6
Bank borrowings, net of current portion 466.5 476.5
Deferred tax liabilities 16.4 16.1
Operating lease liabilities 155.1 149.2
Other liabilities 7.8 6.7
Total liabilities 939.2 984.1
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; 47.1 and 46.6 shares issued and 45.4 and 45.1 shares outstanding at September 26, 2025 and December 27, 2024, respectively 0.1 0.1
Additional paid-in capital 572.8 558.4
Common shares held in treasury, at cost, 1.7 and 1.5 shares at September 26, 2025 and December 27, 2024, respectively (48.4) (45.0)
Retained earnings 192.5 370.4
Accumulated other comprehensive loss (7.1) (10.3)
Total UCT stockholders’ equity 709.9 873.6
Noncontrolling interests 71.4 62.2
Total equity 781.3 935.8
Total liabilities and equity $ 1,720.5 $ 1,919.9