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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 713,656 $ 415,652
Accounts receivable, net 284,292 213,397
Inventory 64,029 35,475
Other current assets 16,683 13,092
Assets held for sale 7,159 0
Total current assets 1,085,819 677,616
Property, plant and equipment, net 146,697 122,166
Intangibles, net 151,985 315,285
Goodwill 61,189 61,189
Deferred tax assets, net 150,198 110,647
Other long-term assets 55,261 34,355
Total assets 1,651,149 1,321,258
Current liabilities    
Current portion of long-term debt and other borrowings 823 354
Accounts payable 41,189 20,563
Short-term contingent liability 0 99,700
Accrued expenses and other liabilities 145,338 127,084
Total current liabilities 187,350 247,701
Asset retirement obligations 22,916 22,543
Total long-term debt, net, and other borrowings 561,670 557,712
Other long-term liabilities 63,321 46,155
Total liabilities 835,257 874,111
Commitments and contingencies (see Note 19)
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; 69,863 and 68,851 shares issued as of December 31, 2023 and 2022, respectively) 699 689
Additional paid-in capital 757,727 715,875
Treasury Stock at cost - 1,339 shares as of December 31, 2023 and 2022 (75,000) (75,000)
Retained earnings (accumulated deficit) 133,503 (193,158)
Accumulated other comprehensive loss (1,037) (1,259)
Total stockholders’ equity 815,892 447,147
Total liabilities and stockholders’ equity $ 1,651,149 $ 1,321,258