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Consolidated condensed balance sheets - USD ($)
$ in Thousands
Apr. 02, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 27,374 $ 43,933
Restricted cash 5,280 5,280
Accounts receivable, net 119,288 124,963
Inventory 64,691 61,688
Prepaid and other current assets 28,762 27,239
Total current assets 245,395 263,103
Restricted cash, less current portion 50,000 50,000
Property and equipment, net 24,856 22,985
Goodwill 147,968 147,623
Intangible assets, net 681,369 695,193
Operating lease assets 18,738 17,186
Deferred tax assets 0 481
Investment and other assets 28,811 29,291
Total assets 1,197,137 1,225,862
Current liabilities:    
Accounts payable 22,500 16,915
Accrued liabilities 124,804 131,473
Accrued equity-based compensation 0 10,875
Current portion of long-term debt 20,292 18,038
Other current liabilities 3,926 3,558
Total current liabilities 171,522 180,859
Long-term debt, less current portion 348,039 339,644
Deferred income taxes 116,020 133,518
Contingent consideration 16,598 16,329
Other long-term liabilities 23,040 21,723
Total liabilities 675,219 692,073
Commitments and contingencies
Stockholders’ Equity:    
Additional paid-in capital 467,940 465,272
Accumulated deficit (17,879) (6,602)
Accumulated other comprehensive (loss) income (363) 179
Total stockholders’ equity attributable to Bioventus Inc. 449,776 458,924
Noncontrolling interest 72,142 74,865
Total stockholders’ equity 521,918 533,789
Total liabilities and stockholders’ equity 1,197,137 1,225,862
Common Class A    
Stockholders’ Equity:    
Common stock, value 62 59
Common Class B    
Stockholders’ Equity:    
Common stock, value $ 16 $ 16