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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net earnings (loss) $ (34,445) $ 58,537
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 66,547 61,569
Amortization of premium/discount on marketable securities (2,027) 2,497
Change in fair value of contingent consideration 7,660 (6,466)
Realized gains from sales of marketable securities 0 (9)
Share-based compensation expense 23,400 20,123
Deferred income tax benefit (13,797) (20,064)
Inventory valuation write-down 1,228 1,993
Payment of contingent consideration (4,900) 0
Other noncash adjustments, net 7,606 6,288
Changes in operating assets and liabilities:    
Accounts receivable (5,885) (1,253)
Inventories (3,322) 12,619
Prepaid expenses and other assets (6,274) (8,542)
Accrued product returns and rebates 15,754 14,850
Accounts payable and other liabilities (24,075) (14,597)
Net cash provided by operating activities 27,470 127,545
Cash flows from investing activities    
Purchases of marketable securities (385,741) (542,608)
Maturities of marketable securities 735,161 365,891
Acquisition of Sage, net of cash acquired (293,093) 0
Purchases of property and equipment (911) (512)
Net cash provided by (used in) investing activities 55,416 (177,229)
Cash flows from financing activities    
Proceeds from issuance of common stock 29,059 8,031
Employee taxes paid related to net share settlement of equity awards (4,198) (1,728)
Payment of contingent consideration (24,257) 0
Net cash provided by financing activities 604 6,303
Net change in cash, cash equivalents, and restricted cash 83,490 (43,381)
Cash and cash equivalents at beginning of year 69,331 75,054
Cash, cash equivalents, and restricted cash at end of period 152,821 31,673
Reconciliation of cash, cash equivalents, and restricted cash reported in the condensed consolidated balance sheets    
Cash and cash equivalents 151,371 31,673
Restricted cash 1,450 0
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows 152,821 31,673
Supplemental cash flow information    
Cash paid for income taxes $ 15,780 $ 40,343