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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 249,080 $ 133,901
Accounts receivable, net 332,152 421,183
Inventories 161,964 233,159
Income tax receivables 0 3,532
Prepaid expenses and other 89,085 39,434
Total current assets 832,281 831,209
Property, plant and equipment, net 31,886 23,174
Goodwill 435,591 416,184
Other intangible assets, net 350,396 386,364
Deferred income tax assets 15,870 16,466
Other assets 40,717 32,655
Total assets 1,706,741 1,706,052
Current liabilities    
Accounts payable 119,498 170,430
Accrued expenses and other 70,211 54,895
Accrued warranty reserve 2,790 3,690
Income tax payable 5,754 6,881
Deferred revenue 66,488 178,922
Current portion of contingent consideration 1,427 1,200
Current portion of debt 21,472 38,691
Other current liabilities 48,051 10,553
Total current liabilities 335,691 465,262
Deferred income tax liabilities 66,858 72,606
Contingent consideration, net of current portion 8,936 7,387
Other long-term liabilities 20,428 14,808
Long-term warranty 3,372 1,786
Long-term debt, net of current portion 660,948 720,352
Total liabilities 1,096,233 1,282,201
Commitments and contingencies (Note 16)
Series A Redeemable Perpetual Preferred Stock: $0.001 par value; 500,000 shares authorized; 432,759 and 406,389 issued, respectively; liquidation preference of $493.1 million and $493.1 million, respectively 351,260 299,570
Stockholders’ equity    
Preferred stock $0.001 par value - 4,500,000 shares authorized; none issued at respective dates 0 0
Common stock $0.001 par value - 1,000,000,000 shares authorized; 151,242,120 and 150,513,104 shares issued at respective dates 151 150
Additional paid-in capital 344,517 383,176
Accumulated deficit (130,230) (267,470)
Accumulated other comprehensive income 44,810 8,425
Total stockholders’ equity 259,248 124,281
Total liabilities, redeemable perpetual preferred stock and stockholders’ equity $ 1,706,741 $ 1,706,052