Consolidated Balance Sheets - USD ($) $ in Thousands		May 27, 2022	Aug. 27, 2021
Assets
Cash and cash equivalents		$ 387,326	$ 222,986
Accounts receivable, net	[1]	357,457	313,393
Inventories		365,258	363,601
Other current assets		57,525	50,838
Total current assets		1,167,566	950,818
Property and equipment, net		159,111	156,266
Operating lease right-of-use assets		43,524	40,869
Intangible assets, net		83,219	101,073
Goodwill		75,043	74,255
Other noncurrent assets		25,589	21,517
Total assets		1,554,052	1,344,798
Liabilities and Equity
Accounts payable and accrued expenses		448,012	484,107
Current debt		8,795	25,354
Other current liabilities		68,089	74,337
Total current liabilities		524,896	583,798
Long-term debt		485,026	340,484
Acquisition-related contingent consideration		101,824	60,500
Noncurrent operating lease liabilities		36,594	32,419
Other noncurrent liabilities		6,643	8,673
Total liabilities		1,154,983	1,025,874
Commitments and contingencies
SMART Global Holdings shareholders’ equity:
Ordinary shares, $0.03 par value; authorized 200,000 shares; 52,432 shares issued and 50,376 outstanding as of May 27, 2022; 50,138 shares issued and 48,736 outstanding as of August 27, 2021		1,573	1,504
Additional paid-in-capital		437,863	396,120
Retained earnings		231,385	184,787
Treasury shares, 2,056 and 1,402 shares held as of May 27, 2022 and August 27, 2021, respectively		(67,345)	(50,545)
Accumulated other comprehensive income (loss)		(210,874)	(221,615)
Total SGH shareholders’ equity		392,602	310,251
Noncontrolling interest in subsidiary		6,467	8,673
Total equity		399,069	318,924
Total liabilities and equity		$ 1,554,052	$ 1,344,798

[1] Receivables from related parties were de minimis and $14,057 as of May 27, 2022 and August 27, 2021, respectively.