XML 20 R9.htm IDEA: XBRL DOCUMENT
v3.24.3

SUPPLEMENTAL FINANCIAL STATEMENTS INFORMATION | 9 Months Ended
--- | ---
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
SUPPLEMENTAL FINANCIAL STATEMENTS INFORMATION | SUPPLEMENTAL FINANCIAL STATEMENTS INFORMATION Supplemental Balance Sheet Information Inventory consisted of the following:
| September 30, 2024 |  | December 31, 2023
Raw materials | $ | 144,484 |  |  | $ | 155,704 |
Work-in-process | 499,069 |  |  | 571,107 |
Finished goods | 535,786 |  |  | 380,372 |
Total inventory | $ | 1,179,339 |  |  | $ | 1,107,183 |
Property, Plant and Equipment, Net consisted of the following:
| September 30, 2024 |  | December 31, 2023
Property, plant and equipment, gross | $ | 1,914,616 |  |  | $ | 1,933,222 |
Accumulated depreciation | (869,208) |  |  | (867,089) |
Total property, plant and equipment, net | $ | 1,045,408 |  |  | $ | 1,066,133 |
Depreciation expense, net of amounts capitalized into inventory, for the three and nine months ended September 30, 2024 was $10.9 million and $35.0 million, respectively. Depreciation expense, net of amounts capitalized into inventory, for the three and nine months ended September 30, 2023 was $9.9 million and $29.6 million, respectively. See Note 10 – Restructuring for impairments relating to the Company’s organizational redesign efforts. Intangible Assets, Net consisted of the following:
| September 30, 2024 |  | December 31, 2023
Finite-lived intangible assets | $ | 714,015 |  |  | $ | 710,011 |
Accumulated amortization | (453,095) |  |  | (415,310) |
Net carrying value | $ | 260,920 |  |  | $ | 294,701 |
In the first quarter of 2024, the Company received $10.0 million due to the achievement of a regulatory approval milestone by a third party related to previously sold intangible assets, which the Company recorded as a Gain on Sale of Nonfinancial Assets in the Condensed Consolidated Statements of Comprehensive Income. Accounts Payable and Accrued Liabilities consisted of the following:
| September 30, 2024 |  | December 31, 2023
Accounts payable and accrued operating expenses | $ | 312,321 |  |  | $ | 315,509 |
Accrued compensation expense | 200,149 |  |  | 201,067 |
Accrued rebates payable | 141,856 |  |  | 96,179 |
Accrued income taxes | 21,040 |  |  | 2,651 |
Foreign currency exchange forward contracts | 14,301 |  |  | 33,853 |
Lease liability | 8,060 |  |  | 8,779 |
Accrued royalties payable | 7,491 |  |  | 14,299 |
Deferred revenue | 2,346 |  |  | 4,620 |
Other | 8,094 |  |  | 6,190 |
Total accounts payable and accrued liabilities | $ | 715,658 |  |  | $ | 683,147 |

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

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/210/tableOfContent + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration