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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 695,572 $ 912,814
Accounts receivable, net 336,579 321,258
Inventory, net 62,157 68,025
Other current assets 34,093 24,536
Assets held for sale 73,415 0
Total current assets 1,201,816 1,326,633
Investment in equity securities 45,068 39,489
Property, plant and equipment, net 157,726 176,798
Intangibles, net 359,946 161,761
Goodwill 176,869 61,189
Deferred tax assets, net 138,262 170,233
Other long-term assets 36,390 44,237
Total assets 2,116,077 1,980,340
Current liabilities    
Current portion of long-term debt and other borrowings 796 974
Accounts payable 40,891 34,560
Accrued expenses and other liabilities 208,600 204,992
Liabilities held for sale 29,845 0
Total current liabilities 280,132 240,526
Asset retirement obligations 136 23,344
Long-term debt and other borrowings, net of current portion 566,847 565,279
Other long-term liabilities 102,179 63,180
Total liabilities 949,294 892,329
Commitments and contingencies (Note 17)
Stockholders’ equity    
Preferred stock ($0.01 par value, 25,000 shares authorized; no shares issued and outstanding) 0 0
Common stock ($0.01 par value; 250,000 shares authorized; 71,702 shares and 70,905 shares issued and outstanding at June 30, 2025, and December 31, 2024, respectively) 717 709
Additional paid-in capital 844,903 817,972
Treasury stock at cost; 3,715 shares and 2,455 shares at June 30, 2025 and December 31, 2024, respectively (275,000) (175,000)
Retained earnings 597,645 445,945
Accumulated other comprehensive loss (1,482) (1,615)
Total stockholders’ equity 1,166,783 1,088,011
Total liabilities and stockholders’ equity $ 2,116,077 $ 1,980,340