v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 101,666 $ 98,584
Short-term investments 0 17,914
Accounts receivable, net 189,952 168,783
Inventories 67,498 65,406
Prepaids and other current assets 11,952 16,375
Total current assets 371,068 367,062
Property and equipment, net 442,963 425,313
Intangible assets, net 1,915,002 1,920,880
Goodwill 706,615 706,615
Other assets, net 63,382 72,329
Total assets 3,499,030 3,492,199
Current liabilities:    
Long-term debt and lease obligations payable within one year 4,176 3,917
Tax receivable agreement payments payable within one year 11,200 12,600
Accounts payable 91,771 85,667
Customer trade allowances 66,058 62,194
Accrued expenses and other current liabilities 33,679 59,933
Total current liabilities 206,884 224,311
Long-term debt and lease obligations 998,226 999,089
Tax receivable agreement obligations 123,134 123,092
Deferred tax liability 353,376 347,030
Other long-term liabilities 1,623 1,593
Total liabilities 1,683,243 1,695,115
Commitments and Contingencies (Note 9)
Class A common stock, $0.0001 par value, 200,000,000 shares authorized, 143,099,217 shares issued and 133,005,487 shares outstanding as of March 31, 2023 and 142,650,344 shares issued and 133,117,224 shares outstanding as of December 31, 2022 14 14
Additional paid in capital 1,311,291 1,311,629
Accumulated other comprehensive income 29,499 35,078
Retained earnings 677,884 639,595
Treasury stock (202,901) (189,232)
Stockholders’ equity 1,815,787 1,797,084
Total liabilities and stockholders’ equity $ 3,499,030 $ 3,492,199