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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 616,449 $ 291,146
Investments—short-term 494,665 460,522
Receivables, net 354,394 384,528
Inventory 190,997 182,887
Prepaid expenses and other current assets 84,442 91,282
Contract assets 717 4,990
Total current assets 1,741,664 1,415,355
PROPERTY, PLANT AND EQUIPMENT, NET 246,982 227,564
INVESTMENTS—LONG-TERM 27,869 73,148
RIGHT-OF-USE ASSETS 79,128 84,245
INTANGIBLE ASSETS, NET AND GOODWILL 83,861 83,917
DEFERRED TAX ASSETS 130,344 154,835
OTHER ASSETS 19,664 16,503
TOTAL ASSETS 2,329,512 2,055,567
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 214,985 185,332
Accrued sales discounts, allowances and reserves 252,743 272,452
Operating lease liabilities—short-term 6,632 6,166
Contract liabilities—short-term 0 1,249
Total current liabilities 474,360 465,199
OPERATING LEASE LIABILITIES—LONG-TERM 64,966 69,372
OTHER LONG-TERM LIABILITIES 56,754 56,019
Total liabilities 596,080 590,590
COMMITMENTS AND CONTINGENT LIABILITIES (Note 16)
SHAREHOLDERS’ EQUITY:    
Preferred shares, par value, $0.01 per share; 50,000,000 shares authorized; and zero issued and outstanding at September 30, 2025 and December 31, 2024
Ordinary shares, par value, $0.01 per share; 450,000,000 shares authorized; 180,499,470 and 176,670,785 shares issued; and 165,103,891 and 162,176,994 shares outstanding at September 30, 2025 and December 31, 2024, respectively 1,805 1,767
Treasury shares, at cost (15,395,579 and 14,493,791 shares at September 30, 2025 and December 31, 2024, respectively) (450,021) (419,255)
Additional paid-in capital 2,966,842 2,860,890
Accumulated other comprehensive loss (1,059) (1,967)
Accumulated deficit (784,135) (976,458)
Total shareholders’ equity 1,733,432 1,464,977
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 2,329,512 $ 2,055,567