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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 181.5 $ 167.8
Restricted cash 0.2 0.2
Accounts receivable, net 162.5 270.7
Inventories 248.1 222.5
Income tax receivable, net 10.2 4.6
Prepaid expenses and other current assets 24.1 20.4
Total current assets 626.6 686.2
Property, plant and equipment, net 549.2 542.3
Intangible assets, net 708.1 712.9
In-process research and development 29.0 29.0
Goodwill 266.4 266.6
Deferred tax assets, net 17.6 13.4
Other assets 81.8 76.9
Total assets 2,278.7 2,327.3
Current liabilities:    
Accounts payable 84.2 94.8
Accrued expenses 41.5 39.5
Debt, current portion 47.5 62.4
Debt, current portion 26.3 12.9
Other current liabilities 7.6 6.7
Total current liabilities 207.1 216.3
Contingent consideration, net of current portion 26.1 26.0
Debt, net of current portion 762.9 798.4
Deferred tax liability 63.9 63.9
Contract liabilities, net of current portion 85.0 85.6
Other liabilities 58.9 48.6
Total liabilities 1,203.9 1,238.8
Stockholders' equity:    
Preferred stock, $0.001 par value; 15.0 shares authorized, no shares issued or outstanding 0.0 0.0
Common stock, $0.001 par value; 200.0 shares authorized, 53.5 and 53.0 shares issued; 52.3 and 51.7 shares outstanding, respectively 0.1 0.1
Treasury stock, at cost, 1.2 common shares (39.6) (39.6)
Additional paid-in capital 726.2 716.1
Accumulated other comprehensive loss, net (21.2) (9.9)
Retained earnings 409.3 421.8
Total stockholders' equity 1,074.8 1,088.5
Total liabilities and stockholders' equity $ 2,278.7 $ 2,327.3