Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands		Nov. 26, 2021	Aug. 27, 2021
Assets
Cash and cash equivalents		$ 233,050	$ 222,986
Accounts receivable, net	[1]	344,107	313,393
Inventories		317,851	363,601
Other current assets		48,829	50,838
Total current assets		943,837	950,818
Property and equipment, net		148,897	156,266
Operating lease right-of-use assets		37,723	40,869
Intangible assets, net		95,331	101,073
Goodwill		72,487	74,255
Other noncurrent assets		25,423	21,517
Total assets		1,323,698	1,344,798
Liabilities and Equity
Accounts payable and accrued expenses		426,883	484,107
Current debt		35,802	25,354
Other current liabilities		72,434	74,337
Total current liabilities		535,119	583,798
Long-term debt		341,150	340,484
Acquisition-related contingent consideration		77,700	60,500
Noncurrent operating lease liabilities		29,396	32,419
Other noncurrent liabilities		8,049	8,673
Total liabilities		991,414	1,025,874
Commitments and contingencies
SMART Global Holdings shareholders’ equity:
Ordinary shares, $0.03 par value. Authorized 200,000 shares; 26,137 issued and 24,684 outstanding as of November 26, 2021; 25,770 issued and 24,368 outstanding as of August 27, 2021		784	773
Additional paid-in-capital		411,608	396,851
Retained earnings		204,814	184,787
Treasury shares, 1,453 and 1,402 shares held as of November 26, 2021 and August 27, 2021, respectively		(53,211)	(50,545)
Accumulated other comprehensive income (loss)		(241,055)	(221,615)
Total SGH shareholders’ equity		322,940	310,251
Noncontrolling interest in subsidiary		9,344	8,673
Total equity		332,284	318,924
Total liabilities and equity		$ 1,323,698	$ 1,344,798

[1] Receivables from related parties were de minimus and $14,057 as of November 26, 2021 and August 27, 2021, respectively.