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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 508,177 $ 366,119
Restricted cash 1,754 0
Accounts receivable, net 255,223 138,482
Inventories 385,311 352,544
Prepaid expenses 48,161 20,318
Other current assets 140,785 35,164
Total current assets 1,339,411 912,627
Property, plant and equipment, net 1,330,326 146,495
Operating lease right-of-use assets, net 1,066,124 194,776
Intangible assets, net 1,537,047 484,339
Goodwill 2,025,175 56,658
Investment in golf-related venture 9,250 111,442
Other assets 90,046 74,263
Total assets 7,397,379 1,980,600
Current liabilities:    
Accounts payable and accrued expenses 453,638 276,209
Accrued employee compensation and benefits 115,946 30,937
Asset-based credit facilities 30,108 22,130
Operating lease liabilities, short-term 55,507 29,579
Construction advances 54,264 0
Deferred revenue 84,359 2,546
Other current liabilities 46,333 29,871
Total current liabilities 840,155 391,272
Long-term liabilities:    
Long-term debt, net (Note 7) 1,049,019 650,564
Operating lease liabilities, long-term 1,181,443 177,996
Deemed landlord financing, long-term 12,121 447
Deferred taxes, net 241,205 58,628
Other long-term liabilities 51,604 26,496
Commitments and contingencies (Note 14)
Shareholders’ equity:    
Preferred stock, $0.01 par value, 3,000,000 shares authorized, none issued and outstanding at September 30, 2021 and December 31, 2020 0 0
Common stock, $0.01 par value, 360,000,000 shares authorized, 186,031,283 and 95,648,648 shares issued at September 30, 2021 and December 31, 2020, respectively 1,860 956
Additional paid-in capital 3,037,609 346,945
Retained earnings 708,391 360,228
Accumulated other comprehensive loss (25,422) (6,546)
Less: Common stock held in treasury, at cost, 17,481 and 1,446,408 shares at September 30, 2021 and December 31, 2020, respectively (512) (25,939)
Total shareholders’ equity 3,721,926 675,644
Total liabilities and shareholders’ equity 7,397,379 1,980,600
Deemed Landlord Finance Lease    
Long-term liabilities:    
Deemed landlord financing, long-term $ 312,027 $ 0