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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 earnings $ 10,672 $ 20,040
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 41,741 41,467
Amortization of premium/discount on marketable securities (1,106) 1,531
Change in fair value of contingent consideration 7,660 (5,450)
Share-based compensation expense 15,575 12,449
Deferred income tax benefit (11,152) (13,597)
Inventory valuation write-down 1,467 2,022
Payment of contingent consideration (4,900) 0
Other noncash adjustments, net 3,779 4,601
Changes in operating assets and liabilities:    
Accounts receivable 1,246 (8,339)
Inventories 9,618 8,015
Prepaid expenses and other assets 4,870 (6,789)
Accrued product returns and rebates 12,211 20,845
Accounts payable and other liabilities (2,547) (2,770)
Net cash provided by operating activities 89,134 74,025
Cash flows from investing activities    
Purchases of marketable securities (259,113) (317,680)
Maturities of marketable securities 266,605 217,774
Purchases of property and equipment (782) (312)
Net cash provided by (used in) investing activities 6,710 (100,218)
Cash flows from financing activities    
Proceeds from issuance of common stock 5,318 4,569
Employee taxes paid related to net share settlement of equity awards (3,387) (1,341)
Payment of contingent consideration (22,395) 0
Net cash provided by (used in) financing activities (20,464) 3,228
Net change in cash and cash equivalents 75,380 (22,965)
Cash and cash equivalents at beginning of year 69,331 75,054
Cash and cash equivalents at end of period 144,711 52,089
Supplemental cash flow information    
Cash paid for income taxes $ 12,697 $ 20,762