Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 01, 2024	Aug. 25, 2023
Assets
Cash and cash equivalents	$ 442,329	$ 365,563
Short-term investments	23,439	25,251
Accounts receivable, net	169,718	219,247
Inventories	172,763	174,977
Other current assets	76,481	51,790
Current assets of discontinued operations	0	70,574
Total current assets	884,730	907,402
Property and equipment, net	109,516	118,734
Operating lease right-of-use assets	62,529	68,444
Intangible assets, net	140,923	160,185
Goodwill	161,958	161,958
Deferred tax assets	73,914	74,085
Other noncurrent assets	83,884	15,150
Total assets	1,517,454	1,505,958
Liabilities and Equity
Accounts payable and accrued expenses	182,021	182,035
Current debt	0	35,618
Deferred revenue	37,228	48,096
Acquisition-related contingent consideration	0	50,000
Other current liabilities	48,710	32,731
Current liabilities of discontinued operations	0	77,770
Total current liabilities	267,959	426,250
Long-term debt	740,663	754,820
Noncurrent operating lease liabilities	62,585	66,407
Other noncurrent liabilities	34,743	29,248
Total liabilities	1,105,950	1,276,725
Commitments and contingencies
SMART Global Holdings shareholders’ equity:
Ordinary shares, $0.03 par value; authorized 200,000 shares; 58,972 shares issued and 52,287 outstanding as of March 1, 2024; 57,542 shares issued and 51,901 outstanding as of August 25, 2023	1,769	1,726
Additional paid-in capital	502,560	476,703
Retained earnings	48,916	82,457
Treasury shares, 6,685 and 5,641 shares held as of March 1, 2024 and August 25, 2023, respectively	(148,309)	(132,447)
Accumulated other comprehensive income (loss)	106	(205,964)
Total SGH shareholders’ equity	405,042	222,475
Noncontrolling interest in subsidiary	6,462	6,758
Total equity	411,504	229,233
Total liabilities and equity	$ 1,517,454	$ 1,505,958