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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 144,804 $ 224,868
Trade accounts receivable, net 134,173 153,126
Inventories, net 170,047 173,645
Prepaid expenses and other current assets 31,023 32,180
TOTAL CURRENT ASSETS 480,047 583,819
PROPERTY, PLANT AND EQUIPMENT, NET 295,533 334,853
OTHER LONG-TERM ASSETS    
Goodwill 267,923 283,879
Intangible assets, net 215,801 284,976
Right-of-use assets, net - Operating leases 22,445 0
Other non-current assets 6,890 7,730
TOTAL OTHER LONG-TERM ASSETS 513,059 576,585
TOTAL ASSETS 1,288,639 1,495,257
CURRENT LIABILITIES    
Trade accounts payable 44,958 39,570
Accrued royalties 5,956 6,786
Accrued compensation 13,005 19,745
Current portion of long-term debt (net of deferred financing costs) 843,328 0
Accrued administrative fees 31,725 36,767
Current portion of accrued legal fees and contingencies 23,673 52,413
Current portion of lease liability - Operating leases 2,290 0
Accrued expenses and other liabilities 20,652 15,542
TOTAL CURRENT LIABILITIES 985,587 170,823
LONG-TERM LIABILITIES    
Long-term debt (net of non-current deferred financing costs) 0 820,411
Deferred tax liability 225 566
Uncertain tax liabilities 2,633 49,990
Long-term lease liability - Operating leases 22,021  
Long-term portion of accrued legal fees and contingencies 33,000 0
Pension obligations and other liabilities 10,881 9,601
TOTAL LONG-TERM LIABILITIES 68,760 880,568
TOTAL LIABILITIES 1,054,347 1,051,391
SHAREHOLDERS’ EQUITY    
Preferred stock, $1 par value —5,000,000 shares authorized; no shares issued or outstanding at December 31, 2019 and 2018 0 0
Common stock, no par value — 150,000,000 shares authorized; 126,145,832 and 125,492,373 shares issued and outstanding at December 31, 2019 and 2018 595,521 574,553
Accumulated deficit (333,938) (107,168)
Accumulated other comprehensive (loss) (27,291) (23,519)
TOTAL SHAREHOLDERS’ EQUITY 234,292 443,866
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,288,639 $ 1,495,257