Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 179,312	$ 183,036
Restricted cash	862	1,627
Accounts receivable, net	483,000	517,570
Inventories	164,066	159,040
Income tax receivables	33,588	28,641
Other current assets	87,777	74,132
Total current assets	948,605	964,046
Property, plant and equipment, net	553,692	563,697
Investments in joint ventures	76,718	73,012
Intangible assets, net	286,203	298,856
Goodwill	343,957	348,918
Operating lease right-of-use assets	65,228	66,640
Non-current accounts receivable, net	7,432	7,432
Other non-current assets	11,251	10,940
Total assets	2,293,086	2,333,541
Current liabilities
Accounts payable and accrued liabilities	298,391	340,298
Income tax liabilities	51,124	52,436
Finance lease liabilities	2,318	2,234
Operating lease liabilities	16,784	17,253
Other current liabilities	82,026	72,209
Total current liabilities	450,643	484,430
Long-term borrowings	121,065	121,065
Deferred tax liabilities, net	25,914	44,310
Post-retirement benefits	9,813	10,430
Non-current finance lease liabilities	13,866	14,006
Non-current operating lease liabilities	48,601	48,488
Uncertain tax positions	76,800	74,526
Other non-current liabilities	46,639	44,802
Total liabilities	793,341	842,057
Commitments and contingencies (Note 17)
Stockholders’ equity:
Common stock, €0.06 nominal value, 200,000 shares authorized, 122,121 and 121,091 shares issued	8,546	8,488
Treasury stock (at cost) 6,093 and 4,796 shares	(96,865)	(83,420)
Additional paid-in capital	2,086,922	2,079,161
Accumulated other comprehensive income	14,409	14,470
Accumulated deficit	(513,267)	(527,215)
Total stockholders’ equity	1,499,745	1,491,484
Total liabilities and stockholders’ equity	$ 2,293,086	$ 2,333,541

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.