Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 24, 2023	Aug. 26, 2022
Assets
Cash and cash equivalents	$ 375,854	$ 363,065
Accounts receivable, net	229,474	410,323
Inventories	294,367	323,084
Other current assets	78,475	55,393
Total current assets	978,170	1,151,865
Property and equipment, net	171,798	153,935
Operating lease right-of-use assets	80,468	77,399
Intangible assets, net	182,894	77,812
Goodwill	182,710	74,009
Other noncurrent assets	44,043	37,044
Total assets	1,640,083	1,572,064
Liabilities and Equity
Accounts payable and accrued expenses	226,289	413,354
Current debt	32,141	12,025
Acquisition-related contingent consideration	30,900	0
Other current liabilities	131,117	90,161
Total current liabilities	420,447	515,540
Long-term debt	789,364	591,389
Noncurrent operating lease liabilities	76,092	71,754
Other noncurrent liabilities	22,660	14,835
Total liabilities	1,308,563	1,193,518
Commitments and contingencies
SMART Global Holdings shareholders’ equity:
Ordinary shares, $0.03 par value; authorized 200,000 shares; 54,383 shares issued and 49,072 outstanding as of February 24, 2023; 52,880 shares issued and 48,604 outstanding as of August 26, 2022	1,631	1,586
Additional paid-in capital	417,998	448,112
Retained earnings	247,756	251,344
Treasury shares, 5,311 and 4,276 shares held as of February 24, 2023 and August 26, 2022, respectively	(123,999)	(107,776)
Accumulated other comprehensive income (loss)	(217,557)	(221,655)
Total SGH shareholders’ equity	325,829	371,611
Noncontrolling interest in subsidiary	5,691	6,935
Total equity	331,520	378,546
Total liabilities and equity	$ 1,640,083	$ 1,572,064