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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 282,557 $ 337,544
Receivables, net 249,942 313,193
Investments—short-term 246,315 198,767
Inventory 154,786 150,335
Contract assets 20,212 13,363
Prepaid expenses and other current assets 61,018 48,967
Total current assets 1,014,830 1,062,169
PROPERTY, PLANT AND EQUIPMENT, NET 336,740 341,054
INVESTMENTS—LONG-TERM 229,825 229,430
RIGHT-OF-USE ASSETS 115,321 115,627
INTANGIBLE ASSETS, NET 65,077 74,043
GOODWILL 92,873 92,873
DEFERRED TAX ASSETS 112,515 81,833
OTHER ASSETS 10,664 27,455
TOTAL ASSETS 1,977,845 2,024,484
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 173,126 208,491
Accrued sales discounts, allowances and reserves 265,172 237,216
Operating lease liabilities—short-term 16,144 16,240
Contract liabilities—short-term 4,919 6,339
Current portion of long-term debt 3,000 3,000
Total current liabilities 462,361 471,286
LONG-TERM DEBT 292,171 292,804
OPERATING LEASE LIABILITIES—LONG-TERM 104,014 104,162
OTHER LONG-TERM LIABILITIES 43,909 43,648
Total liabilities 902,455 911,900
COMMITMENTS AND CONTINGENT LIABILITIES (Note 15)
SHAREHOLDERS’ EQUITY:    
Preferred shares, par value, $0.01 per share; 50,000,000 shares authorized; zero issued and outstanding at March 31, 2022 and December 31, 2021, respectively
Ordinary shares, par value, $0.01 per share; 450,000,000 shares authorized; 167,743,842 and 165,790,549 shares issued; 163,212,411 and 161,937,327 shares outstanding at March 31, 2022 and December 31, 2021, respectively 1,677 1,658
Treasury shares, at cost (4,531,431 and 3,853,222 shares at March 31, 2022 and December 31, 2021, respectively) (159,727) (142,658)
Additional paid-in capital 2,818,595 2,798,325
Accumulated other comprehensive loss (8,234) (3,723)
Accumulated deficit (1,576,921) (1,541,018)
Total shareholders’ equity 1,075,390 1,112,584
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,977,845 $ 2,024,484