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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 535,150 $ 457,469
Receivables, net 366,415 332,477
Investments—short-term 340,967 316,022
Inventory 194,731 186,406
Contract assets 3,492 706
Prepaid expenses and other current assets 101,435 98,166
Assets held for sale   94,260
Total current assets 1,542,190 1,485,506
PROPERTY, PLANT AND EQUIPMENT, NET 222,738 226,943
RIGHT-OF-USE ASSETS 87,889 91,460
INVESTMENTS—LONG-TERM 86,402 39,887
INTANGIBLE ASSETS, NET AND GOODWILL 83,945 85,018
DEFERRED TAX ASSETS 167,382 195,888
OTHER ASSETS 16,296 11,521
TOTAL ASSETS 2,206,842 2,136,223
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 239,774 240,561
Accrued sales discounts, allowances and reserves 263,457 263,641
Operating lease liabilities—short-term 6,007 5,746
Contract liabilities—short-term 3,311 2,730
Current portion of long-term debt 3,000 3,000
Liabilities related to discontinued operations   4,542
Total current liabilities 515,549 520,220
LONG-TERM DEBT 286,459 287,730
OPERATING LEASE LIABILITIES—LONG-TERM 72,535 75,709
OTHER LONG-TERM LIABILITIES 48,294 49,878
Total liabilities 922,837 933,537
COMMITMENTS AND CONTINGENT LIABILITIES (Note 17)
SHAREHOLDERS’ EQUITY:    
Preferred shares, par value, $0.01 per share; 50,000,000 shares authorized; and zero issued and outstanding at June 30, 2024 and December 31, 2023
Ordinary shares, par value, $0.01 per share; 450,000,000 shares authorized; 175,959,272 and 172,569,051 shares issued; and 165,886,689 and 166,979,833 shares outstanding at June 30, 2024 and December 31, 2023, respectively 1,760 1,726
Treasury shares, at cost (10,072,583 and 5,589,218 shares at June 30, 2024 and December 31, 2023, respectively) (303,025) (189,336)
Additional paid-in capital 2,804,202 2,736,934
Accumulated other comprehensive loss (3,590) (3,110)
Accumulated deficit (1,215,342) (1,343,528)
Total shareholders’ equity 1,284,005 1,202,686
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 2,206,842 $ 2,136,223