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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 27, 2019
Sep. 28, 2018
Current assets:    
Cash and cash equivalents $ 29.9 $ 51.9
Accounts receivable, net of allowance for doubtful accounts of $1.0 and $0.6 at September 27, 2019 and September 28, 2018, respectively 141.0 154.0
Inventories 248.2 235.1
Prepaid expenses and other current assets 19.3 17.1
Total current assets 438.4 458.1
Property, plant and equipment, net 142.3 144.9
Goodwill 290.8 243.6
Intangibles assets, net 86.3 73.8
Investments in privately-held companies 53.6 51.0
Other assets 27.5 16.5
Total assets 1,038.9 987.9
Current liabilities:    
Accounts payable 58.2 66.3
Accrued liabilities 75.7 47.5
Current maturities of long-term debt 30.7 25.0
Deferred revenues 10.5 13.2
Total current liabilities 175.1 152.0
Long-term debt, net 364.4 364.8
Deferred tax liabilities 8.2 23.2
Other long-term liabilities 32.5 8.5
Total liabilities 580.2 548.5
Commitments and contingencies (Note 11)
Redeemable noncontrolling interests 10.5 11.1
Equity:    
Preferred stock, $.01 par value: 20,000,000 shares authorized, none issued 0.0 0.0
Common stock, $.01 par value: 150,000,000 shares authorized, shares issued and outstanding: 38,371,305 and 38,026,597 at September 27, 2019 and September 28, 2018, respectively 0.4 0.4
Additional paid-in capital 371.8 357.6
Accumulated other comprehensive (loss) income (1.7) 5.8
Retained earnings 74.4 62.4
Total Varex stockholders' equity 444.9 426.2
Noncontrolling interests 3.3 2.1
Total stockholders' equity 448.2 428.3
Total liabilities, redeemable noncontrolling interests and stockholders' equity $ 1,038.9 $ 987.9