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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 576.1 $ 621.3
Restricted cash 0.2 0.2
Accounts receivable, net 274.7 230.9
Inventories, net 350.8 307.0
Prepaid expenses and other current assets 70.3 36.5
Total current assets 1,272.1 1,195.9
Property, plant and equipment, net 800.1 644.1
Intangible assets, net 604.6 663.1
Goodwill 224.9 266.7
Other assets 57.3 113.4
Total assets 2,959.0 2,883.2
Current liabilities:    
Accounts payable 128.9 136.1
Accrued expenses 51.7 46.9
Accrued compensation 88.7 84.6
Debt, current portion 31.6 33.8
Other current liabilities 72.9 83.1
Total current liabilities 373.8 384.5
Contingent consideration, net of current portion 4.5 34.2
Debt, net of current portion 809.4 841.0
Deferred tax liability 94.9 53.2
Contract liabilities, net of current portion 4.7 55.5
Other liabilities 52.7 67.8
Total liabilities 1,340.0 1,436.2
Stockholders’ equity:    
Preferred stock, $0.001 par value; 15.0 shares authorized, no shares issued and outstanding 0.0 0.0
Common stock, $0.001 par value; 200.0 shares authorized, 55.1 and 54.3 shares issued; 51.3 and 53.1 shares outstanding, respectively. 0.1 0.1
Treasury stock, at cost, 3.8 and 1.2 common shares, respectively (152.2) (39.6)
Additional paid-in capital 829.4 784.9
Accumulated other comprehensive loss, net (16.1) (25.3)
Retained earnings 957.8 726.9
Total stockholders’ equity 1,619.0 1,447.0
Total liabilities and stockholders’ equity $ 2,959.0 $ 2,883.2