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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net Income (Loss) $ 8,355 $ 52,046
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 51,306 51,295
Amortization of debt discount and issuance costs 11,628 1,373
Stock-based compensation 41,711 19,110
Deferred income taxes, net (4,163) (9,268)
Contingent consideration 0 (31,266)
Non-cash interest income 0 (2,023)
Operating lease right of use asset amortization 12,749 10,203
Other 107 1,275
Changes in operating assets and liabilities, excluding impact of acquisitions:    
Accounts receivable (4,631) 8,315
Inventories 20,131 25,979
Prepaid expenses and other current assets (2,609) (12,749)
Other noncurrent assets 484 (707)
Accounts payable 1,780 (8,619)
Accrued liabilities 5,360 (12,514)
Operating lease liabilities (5,849) (7,676)
Noncurrent liabilities (141) 79
Total cash provided by operating activities 136,218 84,853
Cash flows from investing activities:    
Acquisitions, net of cash acquired 0 (27,843)
Proceeds from maturity of marketable securities held to maturity 0 102,323
Additions to capitalized software costs (2,774) (2,736)
Purchases of property, plant and equipment (20,137) (25,135)
Sale of property, plant and equipment 1,290 21
Total cash (used in) provided by investing activities (21,621) 46,630
Cash flows from financing activities:    
Proceeds from exercise of stock options 2,366 356
Payment of tax withholding obligation on vesting of restricted stock (9,403) (12,178)
Repayment of Convertible Senior Notes (69,939) (33)
Payment of earnout consideration (7,375) (7,298)
Other financing activities 0 (13)
Total cash used in financing activities (84,351) (19,166)
Effect of exchange rate changes on cash and cash equivalents 2,395 (4,996)
Net increase (decrease) in cash and cash equivalents 32,641 107,321
Cash, cash equivalents and restricted cash, beginning of period 751,323 523,458
Cash and cash equivalents, end of period 783,964 630,779
Supplemental disclosure of non-cash investing and financing activities:    
Assets acquired under operating leases 24,087 1,129
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 $ 5,465