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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 163,221 $ 151,741
Restricted cash 1,313 1,425
Accounts receivable, net 438,941 469,119
Inventories 164,325 143,325
Income tax receivables 28,968 27,581
Other current assets 65,628 58,409
Total current assets 862,396 851,600
Property, plant and equipment, net 500,331 513,222
Investments in joint ventures 71,001 66,402
Intangible assets, net 229,574 239,716
Goodwill 247,687 247,687
Operating lease right-of-use assets 68,022 72,310
Non-current accounts receivable, net 9,179 9,768
Other non-current assets 12,064 12,302
Total assets 2,000,254 2,013,007
Current liabilities    
Accounts payable and accrued liabilities 299,094 326,125
Income tax liabilities 47,688 45,084
Finance lease liabilities 2,012 1,967
Operating lease liabilities 16,885 17,531
Other current liabilities 100,110 98,144
Total current liabilities 465,789 488,851
Long-term borrowings 40,000 20,000
Deferred tax liabilities, net 21,636 22,706
Post-retirement benefits 8,697 10,445
Non-current finance lease liabilities 15,824 16,410
Non-current operating lease liabilities 50,249 54,976
Uncertain tax positions 59,718 59,544
Other non-current liabilities 44,231 44,202
Total liabilities 706,144 717,134
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Common stock, €0.06 nominal value, 200,000,000 shares authorized, 114,109,774 and 113,389,911 shares issued and 110,537,436 and 110,029,694 shares outstanding 8,102 8,062
Treasury stock (at cost) 3,572,338 and 3,360,217 shares (68,792) (64,697)
Additional paid-in capital 1,914,353 1,909,323
Accumulated other comprehensive income 22,257 22,318
Accumulated deficit (581,810) (579,133)
Total stockholders’ equity 1,294,110 1,295,873
Total liabilities and stockholders’ equity $ 2,000,254 $ 2,013,007