Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 183,036	$ 151,741
Restricted cash	1,627	1,425
Accounts receivable, net	517,570	469,119
Inventories	159,040	143,325
Income tax receivables	28,641	27,581
Other current assets	74,132	58,409
Total current assets	964,046	851,600
Property, plant and equipment, net	563,697	513,222
Investments in joint ventures	73,012	66,402
Intangible assets, net	298,856	239,716
Goodwill	348,918	247,687
Operating lease right-of-use assets	66,640	72,310
Non-current accounts receivable, net	7,432	9,768
Other non-current assets	10,940	12,302
Total assets	2,333,541	2,013,007
Current liabilities
Accounts payable and accrued liabilities	340,298	326,125
Income tax liabilities	52,436	45,084
Finance lease liabilities	2,234	1,967
Operating lease liabilities	17,253	17,531
Other current liabilities	72,209	98,144
Total current liabilities	484,430	488,851
Long-term borrowings	121,065	20,000
Deferred tax liabilities, net	44,310	22,706
Post-retirement benefits	10,430	10,445
Finance lease liabilities	14,006	16,410
Operating lease liabilities	48,488	54,976
Uncertain tax positions	74,526	59,544
Other non-current liabilities	44,802	44,202
Total liabilities	842,057	717,134
Commitments and contingencies (Note 18)
Stockholders’ equity:
Common stock, €0.06 nominal value, 200,000,000 shares authorized, 121,090,661 and 113,389,911 shares issued and 116,295,090 and 110,029,694 shares outstanding	8,488	8,062
Treasury stock (at cost), 4,795,571 and 3,360,217 shares	(83,420)	(64,697)
Additional paid-in capital	2,079,161	1,909,323
Accumulated other comprehensive income	14,470	22,318
Accumulated deficit	(527,215)	(579,133)
Total stockholders’ equity	1,491,484	1,295,873
Total liabilities and stockholders’ equity	$ 2,333,541	$ 2,013,007

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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- Definition

Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current.