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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 137.2 $ 112.2
Restricted cash 0.2 0.2
Accounts receivable, net 121.5 262.5
Inventories 211.0 205.8
Prepaid expenses and other current assets 58.6 40.1
Total current assets 528.5 620.8
Property, plant and equipment, net 513.4 510.2
Intangible assets, net 757.1 761.6
In-process research and development 41.0 50.0
Goodwill 267.7 259.7
Other assets 46.0 27.1
Total assets 2,153.7 2,229.4
Current liabilities:    
Accounts payable 78.6 80.7
Accrued expenses 49.6 30.7
Contingent consideration, current portion 62.7 5.6
Accrued compensation 36.9 58.2
Long-term indebtedness, current portion 10.1 10.1
Other current liabilities 10.5 15.1
Total current liabilities 248.4 200.4
Contingent consideration 10.0 54.4
Long-term indebtedness 732.4 784.5
Deferred tax liability 66.4 67.5
Deferred revenue, net of current portion 64.7 62.5
Other liabilities 44.3 49.2
Total liabilities 1,166.2 1,218.5
Commitments and contingencies (Notes 8 & 14)
Stockholders' equity:    
Preferred stock, $0.001 par value; 15.0 shares authorized, no shares issued or outstanding at both 2019 and 2018 0.0 0.0
Common stock, $0.001 par value; 200.0 shares authorized, 52.6 shares issued and 51.4 shares outstanding at 2019; 52.4 shares issued and 51.2 shares outstanding at 2018 0.1 0.1
Treasury stock, at cost, 1.2 common shares at both 2019 and 2018 (39.6) (39.6)
Additional paid-in capital 690.2 688.6
Accumulated other comprehensive loss (4.5) (5.5)
Retained earnings 341.3 367.3
Total stockholders' equity 987.5 1,010.9
Total liabilities and stockholders' equity $ 2,153.7 $ 2,229.4