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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 382,006 $ 912,814
Accounts receivable, net 351,376 321,258
Inventory, net 62,040 68,025
Income tax receivable 31,877 8,177
Other current assets 21,169 16,359
Assets held for sale 76,623 0
Total current assets 925,091 1,326,633
Investment in equity securities 46,474 39,489
Property, plant and equipment, net 164,072 176,798
Intangibles, net 739,264 161,761
Goodwill 240,328 61,189
Deferred tax assets, net 107,450 170,233
Other long-term assets 53,721 44,237
Total assets 2,276,400 1,980,340
Current liabilities:    
Current portion of long-term debt and other borrowings 871 974
Accounts payable 66,296 34,560
Accrued expenses and other liabilities 251,105 204,992
Liabilities held for sale 28,566 0
Total current liabilities 346,838 240,526
Asset retirement obligations 137 23,344
Long-term debt and other borrowings, net of current portion 567,937 565,279
Long-term deferred tax liabilities 55,078 0
Long-term contingent consideration liabilities 71,024 0
Other long-term liabilities 116,180 63,180
Total liabilities 1,157,194 892,329
Commitments and contingencies (Note 16)
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; 71,770 shares and 70,905 shares issued and outstanding at September 30, 2025, and December 31, 2024, respectively) 718 709
Additional paid-in capital 871,193 817,972
Treasury stock at cost; 5,471 shares and 2,455 shares at September 30, 2025 and December 31, 2024, respectively (376,456) (175,000)
Retained earnings 625,416 445,945
Accumulated other comprehensive loss (1,665) (1,615)
Total stockholders’ equity 1,119,206 1,088,011
Total liabilities and stockholders’ equity $ 2,276,400 $ 1,980,340