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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
OPERATING ACTIVITIES:    
Net loss $ (514,770) $ (26,379)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 113,402 103,304
Non-cash impairment charges 511,365 12,173
Deferred income tax benefit (55,316) (13,743)
Share-based compensation 12,745 17,225
Amortization of debt issuance costs and expenses associated with debt refinancing 4,590 4,193
Non-cash lease expense (906) (129)
Loss on disposal of property and equipment 490 1,337
Change in fair value of contingent consideration and others (14,644) (319)
Changes in assets and liabilities:    
Accounts receivable 15,967 38,861
Inventories (43,419) (27,579)
Prepaid expenses and other current assets (4,994) (34,401)
Other non-current assets 3,335 (1,745)
Accounts payable, accrued expenses and other current liabilities 3,704 2,686
Contract liabilities 2,715 1,822
Other non-current liabilities 4,304 1,336
Net cash provided by operating activities 38,568 78,642
INVESTING ACTIVITIES:    
Purchases of property and equipment (64,222) (74,818)
Cash paid for business acquisitions, net of cash acquired 0 (281,994)
Purchases of short-term investments (8,502) (48,997)
Proceeds from maturities of short-term investments 0 19,250
Net payments from swaps designated as net investment hedges (432) 0
Net cash used in investing activities (73,156) (386,559)
FINANCING ACTIVITIES:    
Proceeds from borrowings of long-term indebtedness 671,000 451,100
Payments on debt (69,819) (147,188)
Repayments of convertible debt (574,983) 0
Payment of debt issuance costs (3,930) 0
Purchases of treasury stock (221) (50,000)
Payments for contingent considerations (16,451) (11,923)
Proceeds from exercised stock options 957 6,398
Cash taxes paid in net equity settlement (2,560) (3,374)
Net cash provided by financing activities 3,993 245,013
Effect of exchange rate changes on cash and cash equivalents 16,406 1,659
Net decrease in cash and cash equivalents (14,189) (61,245)
Cash and cash equivalents at beginning of period 246,375 276,402
Cash and cash equivalents at end of period $ 232,186 $ 215,157