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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 139.2 $ 112.2
Restricted cash 0.2 0.2
Accounts receivable, net 281.2 262.5
Inventories 230.2 205.8
Prepaid expenses and other current assets 49.2 40.1
Total current assets 700.0 620.8
Property, plant and equipment, net 529.1 510.2
Intangible assets, net 727.7 761.6
In-process research and development 41.0 50.0
Goodwill 268.6 259.7
Other assets 67.4 27.1
Total assets 2,333.8 2,229.4
Current liabilities:    
Accounts payable 91.3 80.7
Accrued expenses 51.8 30.7
Contingent consideration, current portion 55.7 5.6
Accrued compensation 55.8 58.2
Debt, current portion 10.1 10.1
Other current liabilities 10.6 15.1
Total current liabilities 275.3 200.4
Contingent consideration 14.5 54.4
Debt 813.3 784.5
Deferred tax liability 61.1 67.5
Contract liabilities 81.6 62.5
Other liabilities 53.0 49.2
Total liabilities 1,298.8 1,218.5
Commitments and contingencies (Notes 8 & 16)
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, 52.8 shares issued and 51.6 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 (39.7) (39.6)
Additional paid-in capital 708.8 688.6
Accumulated other comprehensive loss (9.1) (5.5)
Retained earnings 374.9 367.3
Total stockholders' equity 1,035.0 1,010.9
Total liabilities and stockholders' equity $ 2,333.8 $ 2,229.4