Company: TTMI
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000950170-25-102042
Chunk: 0

Company: TTM TECHNOLOGIES INC
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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TTM TECHNOLOGIES, INC. 

Consolidated Condensed Balance Sheets

As of June 30, 2025 and December 30, 2024

     As of

     June 30, 2025

     December 30, 2024

     (Unaudited)

     (In thousands, except par value)

     ASSETS

     Current assets:

     Cash and cash equivalents
      
     $
     447,967

     $
     503,932

     Accounts receivable, net

     495,352

     448,611

     Contract assets

     424,973

     381,382

     Inventories

     250,339

     224,985

     Prepaid expenses and other current assets

     57,818

     47,834

     Total current assets

     1,676,449

     1,606,744

     Property, plant, and equipment, net

     919,219

     869,957

     Operating lease right-of-use assets

     82,763

     78,252

     Goodwill

     670,135

     670,135

     Definite-lived intangibles, net

     173,371

     191,819

     Deposits and other non-current assets

     56,019

     55,587

     Total assets
      
     $
     3,577,956

     $
     3,472,494

     LIABILITIES AND STOCKHOLDERS' EQUITY

     Current liabilities:

     Short-term debt, including current portion of long-term debt
      
     $
     3,805

     $
     3,795

     Accounts payable

     448,063

     406,221

     Contract liabilities

     162,130

     170,915

     Accrued salaries, wages, and benefits

     101,917

     108,149

     Other current liabilities

     111,838

     119,974

     Total current liabilities

     827,753

     809,054

     Long-term debt, net of discount and issuance costs

     913,339

     914,359

     Operating lease liabilities

     85,985

     77,509

     Other long-term liabilities

     113