v3.22.4
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Dec. 30, 2022
Sep. 30, 2022
Current assets:    
Cash and cash equivalents $ 81.5 $ 89.4
Accounts receivable, net of allowance for credit losses of $0.4 million and $0.6 million at December 30, 2022 and September 30, 2022, respectively 157.9 173.3
Inventories 320.3 303.2
Prepaid expenses and other current assets 47.6 44.0
Total current assets 607.3 609.9
Property, plant, and equipment, net 142.9 141.3
Goodwill 288.2 284.5
Intangible assets, net 31.7 33.6
Investments in privately-held companies 47.8 46.4
Deferred tax assets 1.9 2.3
Operating lease assets 22.1 23.2
Other assets 39.0 43.2
Total assets 1,180.9 1,184.4
Current liabilities:    
Accounts payable 86.2 78.2
Accrued liabilities and other current liabilities 56.0 81.4
Current operating lease liabilities 3.9 4.0
Current maturities of long-term debt 2.1 2.1
Deferred revenues 9.2 7.4
Total current liabilities 157.4 173.1
Long-term debt, net 440.8 412.3
Deferred tax liabilities 0.0 0.5
Operating lease liabilities 17.9 18.0
Other long-term liabilities 39.8 33.8
Total liabilities 655.9 637.7
Stockholders' 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: 40,087,100 and 40,085,126 at December 30, 2022 and September 30, 2022, respectively 0.4 0.4
Additional paid-in capital 437.9 469.1
Accumulated other comprehensive income 0.1 0.1
Retained earnings 73.3 63.8
Total Varex stockholders' equity 511.7 533.4
Noncontrolling interests 13.3 13.3
Total stockholders' equity 525.0 546.7
Total liabilities and stockholders' equity $ 1,180.9 $ 1,184.4