XML 49 R43.htm IDEA: XBRL DOCUMENT v3.24.3
Restatement of Previously Issued Financial Statements - Schedule of Restatement of Previously Issued Financial Statements - Condensed Consolidated Statement Of Cash flows (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:        
Net Income (Loss) $ 5,713 $ 19,786 $ 9,009 $ 35,123
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization     33,884 31,473
Amortization of debt discount and issuance costs     7,727 914
Stock-based compensation 9,879 5,483 18,655 12,737
Deferred income taxes, net     (3,753) (2,053)
Contingent consideration 0 1,791 0 3,026
Non-cash interest income     0 (2,023)
Operating lease right of use assets amortization [1]     8,716 6,487
Other     103 849
Changes in operating assets and liabilities, excluding impact of acquisitions:        
Accounts receivable     (1,245) (4,606)
Inventories     10,474 (2,508)
Prepaid expenses and other assets     457 (12,879)
Other assets     364 (888)
Accounts payable     1,547 (3,871)
Accrued expenses     2,259 (11,769)
Operating lease liabilities     (1,198) (4,544)
Long-term liabilities     (101) 154
Total cash provided by operating activities     86,898 45,622
Cash flows from investing activities:        
Acquisitions, net of cash acquired     0 (28,099)
Proceeds from maturity of marketable securities held to maturity     0 102,323
Additions to capitalized software costs     (2,619) (2,075)
Purchases of property, plant and equipment     (13,154) (16,749)
Other investing activities     11 0
Total cash (used in) provided by investing activities     (15,762) 55,400
Cash flows from financing activities:        
Proceeds from exercise of stock options     1,788 62
Payment of tax withholding obligation on vesting of restricted stock     (8,857) (11,140)
Payment of earnout consideration     (7,375) (7,298)
Other financing activities     (303) (12)
Total cash used in financing activities     (14,747) (18,388)
Effect of exchange rate changes on cash and cash equivalents     1,434 (2,436)
Net increase in cash and cash equivalents     57,823 80,198
Cash, cash equivalents, beginning of period     751,323 523,458
Cash and cash equivalents, end of period 809,146 $ 603,656 809,146 603,656
Supplemental disclosure of non-cash investing and financing activities:        
Assets acquired under operating leases     23,860 831
Fair value of shares of common stock issued for contingent consideration earnouts     5,742 7,229
FlexBiosys, Inc.        
Supplemental disclosure of non-cash investing and financing activities:        
Fair value of common stock issued for acquisition     0 $ 5,243
As Previously Reported        
Cash flows from operating activities:        
Net Income (Loss) 3,321   5,415  
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization     33,648  
Amortization of debt discount and issuance costs     7,727  
Stock-based compensation     17,990  
Deferred income taxes, net     (2,634)  
Contingent consideration 0   0  
Operating lease right of use assets amortization     (16,349)  
Other     (172)  
Changes in operating assets and liabilities, excluding impact of acquisitions:        
Accounts receivable     (1,245)  
Inventories     10,474  
Prepaid expenses and other assets     (1,999)  
Other assets     364  
Accounts payable     1,547  
Accrued expenses     8,366  
Operating lease liabilities     23,867  
Long-term liabilities     (101)  
Total cash provided by operating activities     86,898  
Cash flows from investing activities:        
Additions to capitalized software costs     (2,619)  
Purchases of property, plant and equipment     (13,154)  
Other investing activities     11  
Total cash (used in) provided by investing activities     (15,762)  
Cash flows from financing activities:        
Proceeds from exercise of stock options     1,788  
Payment of tax withholding obligation on vesting of restricted stock     (8,857)  
Payment of earnout consideration     (7,375)  
Other financing activities     (303)  
Total cash used in financing activities     (14,747)  
Effect of exchange rate changes on cash and cash equivalents     1,434  
Net increase in cash and cash equivalents     57,823  
Cash, cash equivalents, beginning of period     751,323  
Cash and cash equivalents, end of period 809,146   809,146  
Supplemental disclosure of non-cash investing and financing activities:        
Assets acquired under operating leases     23,860  
Fair value of shares of common stock issued for contingent consideration earnouts     5,742  
Revenue Adjustments        
Cash flows from operating activities:        
Net Income (Loss) 3,009   4,407  
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization     0  
Amortization of debt discount and issuance costs     0  
Stock-based compensation     0  
Deferred income taxes, net     (1,000)  
Contingent consideration 0   0  
Operating lease right of use assets amortization     0  
Other     0  
Changes in operating assets and liabilities, excluding impact of acquisitions:        
Accounts receivable     0  
Inventories     0  
Prepaid expenses and other assets     2,700  
Other assets     0  
Accounts payable     0  
Accrued expenses     (6,107)  
Operating lease liabilities     0  
Long-term liabilities     0  
Total cash provided by operating activities     (0)  
Cash flows from investing activities:        
Additions to capitalized software costs     0  
Purchases of property, plant and equipment     0  
Other investing activities     0  
Total cash (used in) provided by investing activities     0  
Cash flows from financing activities:        
Proceeds from exercise of stock options     0  
Payment of tax withholding obligation on vesting of restricted stock     0  
Payment of earnout consideration     0  
Other financing activities     0  
Total cash used in financing activities     0  
Effect of exchange rate changes on cash and cash equivalents     0  
Net increase in cash and cash equivalents     (0)  
Cash, cash equivalents, beginning of period     0  
Cash and cash equivalents, end of period (0)   (0)  
Supplemental disclosure of non-cash investing and financing activities:        
Assets acquired under operating leases     0  
Fair value of shares of common stock issued for contingent consideration earnouts     0  
Other Adjustments        
Cash flows from operating activities:        
Net Income (Loss) (617)   (813)  
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization     236  
Amortization of debt discount and issuance costs     0  
Stock-based compensation     665  
Deferred income taxes, net     (119)  
Contingent consideration 0   0  
Operating lease right of use assets amortization     25,065  
Other     275  
Changes in operating assets and liabilities, excluding impact of acquisitions:        
Accounts receivable     0  
Inventories     0  
Prepaid expenses and other assets     (244)  
Other assets     0  
Accounts payable     0  
Accrued expenses     0  
Operating lease liabilities     (25,065)  
Long-term liabilities     0  
Total cash provided by operating activities     0  
Cash flows from investing activities:        
Additions to capitalized software costs     0  
Purchases of property, plant and equipment     0  
Other investing activities     0  
Total cash (used in) provided by investing activities     0  
Cash flows from financing activities:        
Proceeds from exercise of stock options     0  
Payment of tax withholding obligation on vesting of restricted stock     0  
Payment of earnout consideration     0  
Other financing activities     0  
Total cash used in financing activities     0  
Effect of exchange rate changes on cash and cash equivalents     0  
Net increase in cash and cash equivalents     0  
Cash, cash equivalents, beginning of period     0  
Cash and cash equivalents, end of period $ 0   0  
Supplemental disclosure of non-cash investing and financing activities:        
Assets acquired under operating leases     0  
Fair value of shares of common stock issued for contingent consideration earnouts     $ 0  
[1] *Amounts reclassified in the current presentation from a component of “Changes in operating assets and liabilities” to a component of “Adjustments to reconcile net income.” The reclassification did not result in any change to total cash provided by operating activities.