SMART Global Holdings Inc
For the period ended Mar 1, 2024. Filed Apr 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 1, 2024 · Filed Apr 9, 2024
PENG$45.70+9.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except par value amount)
| As of | March 1,2024 | August 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 | — | 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 | — | 35,618 |
| Deferred revenue | 37,228 | 48,096 |
| Acquisition-related contingent consideration | — | 50,000 |
| Other current liabilities | 48,710 | 32,731 |
| Current liabilities of discontinued operations | — | 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 |
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