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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 102.8 $ 56.9
Marketable investment securities 18.8 58.0
Trade accounts receivable 111.7 101.6
Inventory 22.5 20.1
Prepaid taxes 17.7 17.6
Prepaid expenses and other current assets 20.8 20.4
Total current assets 294.3 274.6
Operating lease right-of-use assets 106.6 103.9
Long-term marketable investment securities 6.2 54.8
Property, plant, and equipment, net 112.0 83.4
Intangibles, net 358.8 379.7
Goodwill 287.2 286.8
Other assets 22.1 15.5
Total assets 1,187.2 1,198.7
Current liabilities:    
Accounts payable 39.8 28.8
Accrued liabilities 164.3 94.3
Current maturities of operating lease liabilities 17.0 14.1
Total current liabilities 221.1 137.2
Unrecognized tax benefits 29.0 26.8
Long-term deferred taxes 3.7 3.5
Long-term debt 38.4 0.0
Noncurrent operating lease liabilities 148.4 130.9
Other long-term liabilities 11.4 14.5
Total liabilities 452.0 312.9
Commitments and contingencies
Stockholders’ equity:    
Common stock, 81.9 million and 81.2 million shares outstanding at June 30, 2023 and December 31, 2022, respectively 0.8 0.8
Additional paid-in capital 1,276.8 1,260.1
Accumulated other comprehensive loss (5.4) (8.9)
Accumulated deficit (537.0) (366.2)
Total stockholders' equity 735.2 885.8
Total liabilities and stockholders’ equity $ 1,187.2 $ 1,198.7