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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Cash flows from operating activities:      
Net income $ 1,836 $ 107,515  
Adjustments to reconcile net income to cash flows from operating activities:      
Gain on sale of business 0 (176,162)  
Impairment of goodwill, fixed assets and other intangibles 1,839 25,114  
Unrealized losses on equity investments 0 28,077  
Depreciation and amortization 12,342 14,206  
Non-cash lease expense 6,451 6,438  
Stock-based compensation 3,695 9,308  
Inventory write-down 4,750 3,085  
Foreign currency losses (gains) (1,387) 931  
Loss on disposal of assets 303 58  
Deferred taxes 1,723 631  
Changes in operating assets and liabilities:      
Accounts receivable, net (5,737) (5,878)  
Inventories, net (5,882) (32)  
Prepaid expenses and other (9,138) 9,612  
Other assets 199 1,796  
Accounts payable 2,750 (1,439)  
Accrued expenses (14,696) (21,016)  
Other liabilities (2,967) (1,855)  
Net cash (used in) provided by operating activities (3,919) 389  
Cash flows from investing activities:      
Purchases of property and equipment (13,714) (13,584)  
Purchases of investments (573) 0  
Proceeds on investment sales 0 1,403  
Proceeds from sale of business, net 0 193,725  
Net cash (used in) provided by investing activities (14,287) 181,544  
Cash flows from financing activities:      
Exercise of employee stock options and taxes paid related to the net shares settlement of stock awards (4,157) (1,162)  
Payment of cash dividends (2,873) (3,002)  
Repurchases of shares of common stock (5,011) (5,012)  
Finance lease principal payments (489) (621)  
Proceeds from debt 225,000 0  
Payments of debt (225,000) (155,000)  
Payment of debt issuance costs (1,369) 0  
Purchase of noncontrolling interest (6,500) (1,498)  
Net cash used in financing activities (20,399) (166,295)  
Effect of exchange rate changes on cash (1,371) 1,249  
Net (decrease) increase in cash and cash equivalents (39,976) 16,887  
Cash and cash equivalents, beginning of period 238,630 186,883 $ 186,883
Cash and cash equivalents, end of period $ 198,654 $ 203,770 $ 238,630