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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Dec. 29, 2023
Sep. 29, 2023
Current assets:    
Cash and cash equivalents $ 141.3 $ 152.6
Accounts receivable, net of allowance for credit losses of $0.6 million and $0.6 million at December 29, 2023 and September 29, 2023, respectively 139.6 163.6
Inventories 289.7 277.5
Prepaid expenses and other current assets 75.1 64.6
Total current assets 645.7 658.3
Property, plant, and equipment, net 148.3 143.6
Goodwill 290.4 288.5
Intangible assets, net 22.1 22.4
Investments in privately-held companies 28.3 29.0
Deferred tax assets 42.0 41.3
Operating lease assets 28.4 29.0
Other assets 37.1 37.5
Total assets 1,242.3 1,249.6
Current liabilities:    
Accounts payable 73.7 64.7
Accrued liabilities and other current liabilities 61.6 82.6
Current operating lease liabilities 3.8 3.8
Current maturities of long-term debt 1.6 1.5
Deferred revenues 9.4 10.2
Total current liabilities 150.1 162.8
Long-term debt, net 441.4 441.1
Operating lease liabilities 22.9 23.1
Other long-term liabilities 44.9 41.6
Total liabilities 659.3 668.6
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: 40,618,590 and 40,529,573 at December 29, 2023 and September 29, 2023, respectively 0.4 0.4
Additional paid-in capital 453.2 450.4
Accumulated other comprehensive loss (2.2) (1.2)
Retained earnings 117.5 118.1
Total Varex stockholders' equity 568.9 567.7
Noncontrolling interests 14.1 13.3
Total stockholders' equity 583.0 581.0
Total liabilities and stockholders' equity $ 1,242.3 $ 1,249.6