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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 200,702 $ 244,388
Restricted cash 1,291 1,596
Accounts receivable, net of allowance of $6,800 and $6,245, respectively 292,327 271,578
Inventories, net 167,973 150,374
Prepaid expenses and other 217,126 201,108
Total current assets 879,419 869,044
Property, plant and equipment, net 62,136 58,225
Lease assets 94,531 97,088
Goodwill 135,173 135,173
Other intangible assets, net 224,921 238,579
Deferred income tax assets 24,735 23,965
Other assets 54,112 29,718
Total assets 1,475,027 1,451,792
Current liabilities    
Accounts payable 142,172 143,994
Accrued expenses 62,777 54,289
Income tax payable 5,685 4,687
Deferred revenue 138,527 128,433
Current portion of contingent consideration 10,248 14,551
Current portion of warranty liability 12,018 10,844
Current portion of lease liabilities 7,587 7,662
Current portion of debt 9,464 10,315
Other current liabilities 1,925 2,237
Total current liabilities 390,403 377,012
Deferred income tax liabilities 21,307 22,133
Contingent consideration, net of current portion 11,882 12,739
Warranty liability, net of current portion 5,209 5,466
Lease liabilities, net of current portion 89,197 89,552
Long-term debt, net of current portion 656,958 658,664
Other long-term liabilities 32,187 25,838
Total liabilities 1,207,143 1,191,404
Commitments and contingencies (Note 12)
Series A Redeemable Perpetual Preferred Stock of $0.001 par value; 500,000 authorized; 498,498 and 490,829 shares issued as of March 31, 2026 and December 31, 2025, respectively; liquidation preference of $498.5 million and $493.1 million at each date, respectively 482,265 466,728
Stockholders’ equity    
Preferred stock of $0.001 par value - 4,500,000 shares authorized; none issued at respective dates 0 0
Common stock of $0.001 par value - 1,000,000,000 shares authorized; 153,734,045 and 152,779,614 shares issued at respective dates 155 152
Additional paid-in capital 214,485 226,848
Accumulated deficit (420,862) (422,859)
Accumulated other comprehensive loss (8,159) (10,481)
Total stockholders’ equity (214,381) (206,340)
Total liabilities, redeemable perpetual preferred stock and stockholders’ equity $ 1,475,027 $ 1,451,792