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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows From Operating Activities    
Net income $ 24,230 $ 15,920
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Stock-based compensation 18,470 14,798
Deferred taxes (6,919) 1,205
Depreciation and amortization 46,172 29,383
Unrealized loss (gain) on investment in equity securities 589 (6,943)
Non-cash operating lease expense 846 750
Non-cash interest 665 198
Contingent consideration fair value adjustment (10,815) 449
Gain on sale of building 0 (5,347)
Changes in operating assets and liabilities:    
Accounts receivable, net (3,709) (4,012)
Inventories (1,533) (14,252)
Prepaid expenses and other assets 5,890 1,777
Accounts payable 8,625 10,379
Accrued royalties 13,404 4,081
Income taxes (3,455) (11,031)
Accrued government rebates 14,152 156
Returned goods reserve 9,409 4,219
Accrued expenses, accrued compensation, and other (5,218) (6,047)
Net Cash and Cash Equivalents Provided by Operating Activities 110,803 35,683
Cash Flows From Investing Activities    
Acquisition of product rights, intangible assets, and other related assets (20,267) 0
Acquisition of property and equipment, net (6,488) (9,030)
Proceeds from the sale of building 0 13,514
Net Cash and Cash Equivalents (Used in) Provided by Investing Activities (26,755) 4,484
Cash Flows From Financing Activities    
Principal payments on borrowings (4,062) (1,500)
Series A convertible preferred stock dividends paid (813) (813)
Proceeds from stock option exercises and ESPP purchases 3,776 3,596
Treasury stock purchases for restricted stock vests (10,554) (9,961)
Payments on contingent consideration 0 (12,500)
Net Cash and Cash Equivalents Used in Financing Activities (11,653) (21,178)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash 544 0
Net Change in Cash, Cash Equivalents, and Restricted Cash 72,939 18,989
Cash, cash equivalents, and restricted cash, beginning of period 144,894 221,121
Cash, cash equivalents, and restricted cash end of period 217,833 240,110
Supplemental disclosure for cash flow information:    
Cash paid for interest, net of amounts capitalized 13,861 16,155
Cash paid for income taxes 16,473 17,204
Supplemental non-cash investing and financing activities:    
Property and equipment purchased and included in accounts payable $ 288 $ 1,618