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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 63,401 $ 75,054
Marketable securities 234,335 179,820
Accounts receivable, net 147,734 144,155
Inventories, net 75,079 77,408
Prepaid expenses and other current assets 23,772 16,676
Total current assets 544,321 493,113
Long-term marketable securities 11,662 16,617
Property and equipment, net 12,969 13,530
Intangible assets, net 579,752 599,889
Goodwill 117,019 117,019
Other assets 38,367 37,505
Total assets 1,304,090 1,277,673
Current liabilities    
Accounts payable and accrued liabilities 86,402 79,569
Accrued product returns and rebates 167,226 154,274
Contingent consideration, current portion 51,379 52,070
Other current liabilities 9,547 4,283
Total current liabilities 314,554 290,196
Contingent consideration, long-term 976 1,380
Operating lease liabilities, long-term 32,994 33,196
Deferred income tax liabilities, net 19,501 24,963
Other liabilities 6,899 6,422
Total liabilities 374,924 356,157
Commitments and contingencies (Note 15)
Stockholders’ equity    
Common stock, $0.001 par value; 130,000,000 shares authorized; 54,965,316 and 54,723,356 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 55 55
Additional paid-in capital 446,960 439,493
Accumulated other comprehensive loss, net of tax (534) (593)
Retained earnings 482,685 482,561
Total stockholders’ equity 929,166 921,516
Total liabilities and stockholders’ equity $ 1,304,090 $ 1,277,673