Company: TTMI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000950170-25-063937
Chunk: 0

Company: TTM TECHNOLOGIES INC
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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TTM TECHNOLOGIES, INC. 

Consolidated Condensed Balance Sheets

As of March 31, 2025 and December 30, 2024

     As of

     March 31, 2025

     December 30, 2024

     (Unaudited)

     (In thousands, except par value)

     ASSETS

     Current assets:

     Cash and cash equivalents
      
     $
     411,260

     $
     503,932

     Accounts receivable, net

     496,216

     448,611

     Contract assets

     378,215

     381,382

     Inventories

     246,837

     224,985

     Prepaid expenses and other current assets

     51,820

     47,834

     Total current assets

     1,584,348

     1,606,744

     Property, plant, and equipment, net

     888,086

     869,957

     Operating lease right-of-use assets

     78,076

     78,252

     Goodwill

     670,135

     670,135

     Definite-lived intangibles, net

     182,595

     191,819

     Deposits and other non-current assets

     51,359

     55,587

     Total assets
      
     $
     3,454,599

     $
     3,472,494

     LIABILITIES AND STOCKHOLDERS' EQUITY

     Current liabilities:

     Short-term debt, including current portion of long-term debt
      
     $
     3,800

     $
     3,795

     Accounts payable

     395,127

     406,221

     Contract liabilities

     175,400

     170,915

     Accrued salaries, wages, and benefits

     91,594

     108,149

     Other current liabilities

     98,615

     119,974

     Total current liabilities

     764,536

     809,054

     Long-term debt, net of discount and issuance costs

     913,846

     914,359

     Operating lease liabilities

     77,851

     77,509

     Other long-term liabilities

     111