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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 144,306 $ 158,545
Short-term available-for-sale investments 57,874 79,879
Accounts receivable, net 125,635 124,069
Inventories, net 150,370 152,863
Prepaid expenses and other current assets 36,776 32,618
Total current assets 514,961 547,974
Fixed assets, net 136,281 140,690
Right-of-use assets, net 39,409 41,777
Goodwill 19,773 20,214
Intangible assets, net 353,227 368,100
Deferred tax assets 122,115 123,854
Investments and other assets 22,768 22,308
Total assets 1,208,534 1,264,917
Current liabilities:    
Accounts payable 14,012 15,150
Accrued expenses 84,957 95,601
Lease liabilities 9,818 9,839
Total current liabilities 108,787 120,590
Long-term debt, net 367,656 372,189
Lease liabilities 33,705 36,176
Contingent consideration 15,789 18,066
Deferred tax liabilities 4,093 4,213
Other liabilities 24,611 20,572
Total liabilities 554,641 571,806
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred stock, par value $0.001; 5,000,000 shares authorized; none issued and outstanding at March 31, 2026 and December 31, 2025 0 0
Common stock, par value $0.001; 250,000,000 shares authorized; 48,328,201 shares issued and 39,309,610 shares outstanding at March 31, 2026 and 47,890,777 shares issued and 41,116,739 shares outstanding at December 31, 2025 48 48
Treasury stock, at cost, inclusive of excise tax and broker fees, 9,018,591 and 6,774,038 shares at March 31, 2026 and December 31, 2025, respectively (227,013) (176,565)
Additional paid-in capital 1,073,809 1,064,623
Accumulated deficit (196,406) (199,322)
Accumulated other comprehensive income 3,455 4,327
Total stockholders’ equity 653,893 693,111
Total liabilities and stockholders’ equity $ 1,208,534 $ 1,264,917