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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 591,906 $ 276,402
Short-term investments 71,194 32,694
Trade accounts receivable, net of allowances of $5,050 and $4,879 241,092 259,327
Inventories, net 403,422 389,608
Prepaid Expenses 72,667 67,362
Other Current Assets 35,369 32,643
Total current assets 1,415,650 1,058,036
Property, plant and equipment, net 345,356 340,199
Right of use asset - operating leases 151,834 156,184
Intangible assets, net 1,022,609 1,067,833
Goodwill 1,040,235 1,055,462
Deferred tax assets, net 34,175 46,080
Other assets 68,365 58,194
Total assets 4,078,224 3,781,988
Current liabilities:    
Current portion of borrowings under senior credit facility 19,375 14,531
Current portion of lease liability - operating leases 16,303 15,284
Accounts payable, trade 94,397 92,326
Contract liabilities 7,841 8,540
Accrued compensation 52,582 75,455
Accrued expenses and other current liabilities 111,896 100,844
Total current liabilities 302,394 306,980
Long-term borrowings under senior credit facility 1,171,036 825,563
Long-term borrowings under securitization facility 94,600 89,200
Long-term convertible securities 570,984 570,255
Lease liability - operating leases 170,082 166,849
Deferred tax liabilities 31,431 35,317
Other liabilities 139,745 199,940
Total liabilities 2,480,272 2,194,104
Stockholders’ equity:    
Preferred stock; no par value; 15,000 authorized shares; none outstanding 0 0
Common stock; $0.01 par value; 240,000 authorized shares; 91,484 and 90,920 issued at March 31, 2024 and December 31, 2023, respectively 915 909
Additional paid-in capital 1,310,527 1,302,484
Treasury stock, at cost; 12,735 shares and 12,751 shares at March 31, 2024 and December 31, 2023, respectively (646,422) (647,262)
Accumulated other comprehensive loss (10,646) (15,106)
Retained earnings 943,578 946,859
Total stockholders’ equity 1,597,952 1,587,884
Total liabilities and stockholders’ equity $ 4,078,224 $ 3,781,988