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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 184,090 $ 224,868
Trade accounts receivable, net 174,325 153,126
Inventories, net 162,752 173,645
Prepaid expenses and other current assets 29,286 32,180
TOTAL CURRENT ASSETS 550,453 583,819
PROPERTY, PLANT AND EQUIPMENT, NET 325,970 334,853
OTHER LONG-TERM ASSETS    
Goodwill 267,923 283,879
Intangible assets, net 263,644 284,976
Right-of-use assets, net - Operating leases 21,973  
Other non-current assets 7,228 7,730
TOTAL OTHER LONG-TERM ASSETS 560,768 576,585
TOTAL ASSETS 1,437,191 1,495,257
CURRENT LIABILITIES    
Trade accounts payable 38,419 39,570
Income taxes payable 13,925 0
Accrued royalties 7,079 6,786
Accrued compensation 16,529 19,745
Accrued administrative fees 28,165 36,767
Accrued legal fees and contingencies 49,710 52,413
Current portion of lease liability - Operating leases 2,238  
Accrued expenses and other liabilities 12,721 15,542
TOTAL CURRENT LIABILITIES 168,786 170,823
LONG-TERM LIABILITIES    
Long-term debt (net of non-current deferred financing costs) 821,715 820,411
Deferred tax liability 530 566
FIN 48 reserve 51,410 49,990
Long-term lease liability - Operating leases 21,480  
Pension obligations and other liabilities 7,521 9,601
TOTAL LONG-TERM LIABILITIES 902,656 880,568
TOTAL LIABILITIES 1,071,442 1,051,391
SHAREHOLDERS’ EQUITY    
Preferred stock, $1 par value - 5,000,000 shares authorized; no shares issued or outstanding at March 31, 2019 and December 31, 2018. 0 0
Common stock, no par value – 150,000,000 shares authorized; 125,578,913 and 125,492,373 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively. 579,157 574,553
(Accumulated deficit) (189,349) (107,168)
Accumulated other comprehensive (loss) (24,059) (23,519)
TOTAL SHAREHOLDERS’ EQUITY 365,749 443,866
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,437,191 $ 1,495,257