XML 41 R17.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Property, Plant and Equipment, net | 12 Months Ended
--- | ---
Dec. 31, 2023
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment, net | Property, Plant and Equipment, net The carrying amount of Property, Plant and Equipment for the years ended December 31, 2023 and 2022 is as follows:
| December 31, 2023 | December 31, 2022
| (in thousands)
Cost |  |
Land | $ | 3,724 |  | $ | 3,724 |
Buildings | 70,072 |  | 70,880 |
Computer equipment and software | 550,119 |  | 500,135 |
Office furniture and fixtures | 45,856 |  | 50,600 |
Laboratory equipment | 56,217 |  | 59,946 |
Leasehold improvements | 55,000 |  | 65,167 |
Motor vehicles | 79 |  | 41 |
| 781,067 |  | 750,493 |
Less accumulated depreciation and asset write offs | (419,883) |  | (400,173) |
Property, plant and equipment (net) | $ | 361,184 |  | $ | 350,320 |
The depreciation expense recognized by the Company was $126.1 million, $106.4 million, and $75.5 million for the twelve months ended December 31, 2023, 2022, and 2021, respectively. The Company regularly updates its register of property, plant and equipment and during the year ended December 31, 2023 and the year ended December 31, 2022, certain fully depreciated assets were written off as they were no longer used by the Company.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration