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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 26, 2022
Aug. 27, 2021
Assets    
Cash and cash equivalents $ 363,065 $ 222,986
Accounts receivable, net [1] 410,323 313,393
Inventories 323,084 363,601
Other current assets 55,393 50,838
Total current assets 1,151,865 950,818
Property and equipment, net 153,935 156,266
Operating lease right-of-use assets 77,399 40,869
Intangible assets, net 77,812 101,073
Goodwill 74,009 74,255
Other noncurrent assets 37,044 21,517
Total assets 1,572,064 1,344,798
Liabilities and Equity    
Accounts payable and accrued expenses 413,354 484,107
Current debt 12,025 25,354
Other current liabilities 90,161 74,337
Total current liabilities 515,540 583,798
Long-term debt 591,389 340,484
Noncurrent operating lease liabilities 71,754 32,419
Acquisition-related contingent consideration 0 60,500
Other noncurrent liabilities 14,835 8,673
Total liabilities 1,193,518 1,025,874
Commitments and contingencies
SMART Global Holdings shareholders’ equity:    
Ordinary shares, $0.03 par value; authorized 200,000 shares; 52,880 shares issued and 48,604 outstanding as of August 26, 2022; 50,138 shares issued and 48,736 outstanding as of August 27, 2021 1,586 1,504
Additional paid-in-capital 448,112 396,120
Retained earnings 251,344 184,787
Treasury shares, 4,276 and 1,402 shares held as of August 26, 2022 and August 27, 2021, respectively (107,776) (50,545)
Accumulated other comprehensive income (loss) (221,655) (221,615)
Total SGH shareholders’ equity 371,611 310,251
Noncontrolling interest in subsidiary 6,935 8,673
Total equity 378,546 318,924
Total liabilities and equity $ 1,572,064 $ 1,344,798
[1] Receivables from related parties were de minimis and $14,057 as of August 26, 2022 and August 27, 2021, respectively.