XML 8 R2.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Current assets:        
Cash and cash equivalents $ 780,617 $ 751,323    
Accounts receivable, net of reserves of $1,918 and $2,122 at March 31, 2024 and December 31, 2023, respectively 115,766 124,161    
Inventories, net 198,033 202,321    
Assets held for sale 1,016 0    
Prepaid expenses and other current assets 35,656 33,541    
Total current assets 1,131,088 1,111,346    
Property, plant and equipment, net 205,716 207,440    
Intangible assets, net 394,499 406,957    
Goodwill 985,963 987,120    
Deferred tax assets 866 1,530    
Operating lease right of use assets 134,604 115,515    
Other noncurrent assets 956 1,277    
Total noncurrent assets 1,722,604 1,719,839    
Total assets 2,853,692 2,831,185    
Current liabilities:        
Accounts payable 18,731 19,563    
Operating lease liability 9,781 5,631    
Current contingent consideration 24,352 12,983    
Accrued liabilities 59,203 57,313    
Convertible Senior Notes due 2024, net 69,480 69,452    
Total current liabilities 181,547 164,942    
Convertible Senior Notes due 2028, net 513,918 510,143    
Deferred tax liabilities 36,807 39,324    
Noncurrent operating lease liability 144,551 126,578    
Noncurrent contingent consideration 0 14,070    
Other noncurrent liabilities 11,277 11,283    
Total noncurrent liabilities 706,553 701,398    
Total liabilities 888,100 866,340    
Commitments and contingencies (Note 11)    
Stockholders' equity:        
Preferred stock, $0.01 par value, 5,000,000 shares authorized, no shares issued or outstanding 0 0    
Common stock, $0.01 par value; 80,000,000 shares authorized; 55,841,318 shares at March 31, 2024 and 55,766,078 shares at December 31, 2023 issued and outstanding 559 558    
Additional paid-in capital 1,571,811 1,569,227    
Accumulated other comprehensive loss (42,942) (37,808)    
Accumulated earnings 436,164 432,868    
Total stockholders' equity 1,965,592 1,964,845 $ 1,926,714 $ 1,910,700
Total liabilities and stockholders' equity $ 2,853,692 $ 2,831,185