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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 165,663 $ 151,741
Restricted cash 1,322 1,425
Accounts receivable, net 532,469 469,119
Inventories 179,339 143,325
Income tax receivables 32,511 27,581
Other current assets 72,976 58,409
Total current assets 984,280 851,600
Property, plant and equipment, net 535,988 513,222
Investments in joint ventures 75,537 66,402
Intangible assets, net 308,453 239,716
Goodwill 343,885 247,687
Operating lease right-of-use assets 76,332 72,310
Non-current accounts receivable, net 8,008 9,768
Other non-current assets 11,137 12,302
Total assets 2,343,620 2,013,007
Current liabilities    
Accounts payable and accrued liabilities 326,647 326,125
Income tax liabilities 52,830 45,084
Finance lease liabilities 2,282 1,967
Operating lease liabilities 17,990 17,531
Other current liabilities 97,699 98,144
Total current liabilities 497,448 488,851
Long-term borrowings 121,065 20,000
Deferred tax liabilities, net 47,196 22,706
Post-retirement benefits 5,675 10,445
Non-current finance lease liabilities 15,040 16,410
Non-current operating lease liabilities 59,528 54,976
Uncertain tax positions 69,471 59,544
Other non-current liabilities 44,868 44,202
Total liabilities 860,291 717,134
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Common stock, €0.06 nominal value, 200,000,000 shares authorized, 121,056,680 and 113,389,911 shares issued and 117,470,113 and 110,029,694 shares outstanding 8,486 8,062
Treasury stock (at cost) 3,586,567 and 3,360,217 shares (69,104) (64,697)
Additional paid-in capital 2,072,061 1,909,323
Accumulated other comprehensive income 22,135 22,318
Accumulated deficit (550,249) (579,133)
Total stockholders’ equity 1,483,329 1,295,873
Total liabilities and stockholders’ equity $ 2,343,620 $ 2,013,007