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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 307,425 $ 200,772
Trade accounts receivable, net 233,682 283,154
Inventories, net 172,325 174,793
Available-for-sale securities, current 1,310 1,106
Prepaid expenses and other current assets 21,208 25,986
TOTAL CURRENT ASSETS 735,950 685,811
PROPERTY, PLANT AND EQUIPMENT, NET 252,656 238,404
OTHER LONG-TERM ASSETS    
Goodwill 285,031 284,293
Intangible assets, net 743,158 758,854
Deferred tax assets 7,042 5,286
Other non-current assets 1,900 1,072
TOTAL OTHER LONG-TERM ASSETS 1,037,131 1,049,505
TOTAL ASSETS 2,025,737 1,973,720
CURRENT LIABILITIES    
Trade accounts payable 50,647 59,534
Purchase consideration payable 4,994 4,994
Income taxes payable 41,707 16,198
Accrued royalties 8,168 15,044
Accrued compensation 13,543 19,113
Accrued administrative fees 31,885 36,436
Accrued expenses and other liabilities 23,900 24,236
TOTAL CURRENT LIABILITIES 174,844 175,555
LONG-TERM LIABILITIES:    
Long-term debt (net of non-current deferred financing costs) 811,283 809,979
Deferred tax liability 157,749 157,607
Other long-term liabilities 11,449 11,395
TOTAL LONG-TERM LIABILITIES 980,481 978,981
TOTAL LIABILITIES 1,155,325 1,154,536
SHAREHOLDERS’ EQUITY    
Common stock, no par value – 150,000,000 shares authorized; 124,472,468 and 124,390,217 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 527,684 521,860
Retained earnings 360,318 319,291
Accumulated other comprehensive loss (17,590) (21,967)
TOTAL SHAREHOLDERS’ EQUITY 870,412 819,184
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 2,025,737 $ 1,973,720