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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 642.6 $ 576.1
Restricted cash 0.0 0.2
Accounts receivable, net 158.4 274.7
Inventories, net 351.8 350.8
Prepaid expenses and other current assets 57.9 70.3
Total current assets 1,210.7 1,272.1
Property, plant and equipment, net 817.6 800.1
Intangible assets, net 728.8 604.6
Goodwill 218.2 224.9
Other assets 191.3 57.3
Total assets 3,166.6 2,959.0
Current liabilities:    
Accounts payable 103.5 128.9
Accrued expenses 34.9 51.7
Accrued compensation 88.3 88.7
Debt, current portion 957.3 31.6
Other current liabilities 45.9 72.9
Total current liabilities 1,229.9 373.8
Debt, net of current portion 448.5 809.4
Deferred tax liability 71.8 94.9
Other liabilities 33.4 61.9
Total liabilities 1,783.6 1,340.0
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, 55.7 and 55.1 shares issued; 50.1 and 51.3 shares outstanding, respectively. 0.1 0.1
Treasury stock, at cost, 5.6 and 3.8 common shares, respectively (227.7) (152.2)
Additional paid-in capital 873.5 829.4
Accumulated other comprehensive income (loss), net 3.1 (16.1)
Retained earnings 734.0 957.8
Total stockholders’ equity 1,383.0 1,619.0
Total liabilities and stockholders’ equity $ 3,166.6 $ 2,959.0