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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 757,018 $ 713,656
Accounts receivable, net 372,288 284,292
Inventory 70,516 64,029
Other current assets 24,165 16,683
Assets held for sale 7,159 7,159
Total current assets 1,231,146 1,085,819
Investment in equity securities 116,423 0
Property, plant and equipment, net 158,158 146,697
Intangibles, net 172,239 151,985
Goodwill 61,189 61,189
Deferred tax assets, net 151,185 150,198
Other long-term assets 49,491 55,261
Total assets 1,939,831 1,651,149
Current liabilities    
Current portion of long-term debt and other borrowings 868 823
Accounts payable 49,774 41,189
Accrued expenses and other liabilities 212,643 145,338
Total current liabilities 263,285 187,350
Asset retirement obligations 23,130 22,916
Long-term debt, net and other borrowings 563,188 561,670
Other long-term liabilities 63,543 63,321
Total liabilities 913,146 835,257
Commitments and contingencies (See Note 18)
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; 70,750 and 69,863 shares issued as of June 30, 2024 and December 31, 2023, respectively) 708 699
Additional paid-in capital 775,545 757,727
Treasury Stock at cost - 1,339 shares as of June 30, 2024 and December 31, 2023 (75,000) (75,000)
Retained earnings 326,642 133,503
Accumulated other comprehensive loss (1,210) (1,037)
Total stockholders’ equity 1,026,685 815,892
Total liabilities and stockholders’ equity $ 1,939,831 $ 1,651,149