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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 111.7 $ 642.6
Accounts receivable, net 191.0 159.2
Inventories, net 328.9 350.7
Prepaid expenses and other current assets 47.9 57.9
Total current assets 679.5 1,210.4
Property, plant and equipment, net 382.8 817.6
Intangible assets, net 566.6 728.8
Goodwill 0.0 218.2
Other assets 194.3 191.3
Total assets 1,823.2 3,166.3
Current liabilities:    
Accounts payable 112.2 103.5
Accrued expenses 18.6 34.9
Accrued compensation 74.1 87.3
Debt, current portion 413.7 957.3
Other current liabilities 32.7 45.9
Total current liabilities 651.3 1,228.9
Debt, net of current portion 446.5 448.5
Deferred tax liability 47.2 59.7
Other liabilities 28.9 41.5
Total liabilities 1,173.9 1,778.6
Stockholders’ equity:    
Preferred stock, $0.001 par value; 15.0 shares authorized, no shares issued and outstanding 0.0 0.0
Common stock, $0.001 par value; 200.0 shares authorized, 57.8 and 55.7 shares issued; 52.2 and 50.1 shares outstanding, respectively. 0.1 0.1
Treasury stock, at cost, 5.6 and 5.6 common shares, respectively (227.7) (227.7)
Additional paid-in capital 904.4 873.5
Accumulated other comprehensive income (loss), net (5.7) 3.1
Retained earnings (accumulated deficit) (21.8) 738.7
Total stockholders’ equity 649.3 1,387.7
Total liabilities and stockholders’ equity $ 1,823.2 $ 3,166.3