Company: TTMI
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024839
Chunk: 124

Company: TTM TECHNOLOGIES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1B
Chunk 124
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000 shares authorized, 113,161 and 111,282   shares issued as of December 30, 2024 and January 1, 2024, respectively;   101,997 and 102,108 shares outstanding as of December 30, 2024 and   January 1, 2024, respectively

    113

    111

    Treasury stock – common stock at cost; 11,164 and 9,174 shares as of    December 30, 2024 and January 1, 2024, respectively

    (157,570
    )

    (123,091
    )

    Additional paid-in capital

    910,741

    880,963

    Retained earnings

    838,422

    782,123

    Accumulated other comprehensive loss

    (27,882
    )

    (29,067
    )

    Total stockholders’ equity

    1,563,824

    1,511,039

    Total liabilities and stockholders' equity
     
    $
    3,472,494

    $
    3,323,663

See accompanying notes to consolidated financial statements.

62

TTM TECHNOLOGIES, INC.

Consolidated Statements of Operations

    For the Year Ended

    December 30, 2024

    January 1, 2024

    January 2, 2023

    (In thousands, except per share data)

    Net sales
     
    $
    2,442,753

    $
    2,232,567

    $
    2,495,046

    Cost of goods sold

    1,965,378

    1,819,299

    2,037,081

    Gross profit

    477,375

    413,268

    457,965

    Operating expenses:

    Selling and marketing

    80,030

    76,922

    75,182

    General and administrative

    170,107

    149,631

    158,180

    Research and development

    31,845

    27,272

    24,808

    Amortization of definite-lived intangibles

    35,550

    48,675

    37,097