v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 99,368 $ 98,584
Short-term investments 0 17,914
Accounts receivable, net 181,729 168,783
Inventories 67,240 65,406
Prepaids and other current assets 18,083 16,375
Total current assets 366,420 367,062
Property and equipment, net 464,565 425,313
Intangible assets, net 1,909,124 1,920,880
Goodwill 706,615 706,615
Other assets, net 70,688 72,329
Total assets 3,517,412 3,492,199
Current liabilities:    
Long-term debt and lease obligations payable within one year 12,543 3,917
Tax receivable agreement payments payable within one year 7,400 12,600
Accounts payable 87,502 85,667
Customer trade allowances 67,952 62,194
Accrued expenses and other current liabilities 27,837 59,933
Total current liabilities 203,234 224,311
Long-term debt and lease obligations 982,046 999,089
Tax receivable agreement obligations 117,157 123,092
Deferred tax liability 361,928 347,030
Other long-term liabilities 1,302 1,593
Total liabilities 1,665,667 1,695,115
Commitments and Contingencies (Note 9)
Class A common stock, $0.0001 par value, 200,000,000 shares authorized, 143,184,870 shares issued and 132,859,461 shares outstanding as of June 30, 2023 and 142,650,344 shares issued and 133,117,224 shares outstanding as of December 31, 2022 14 14
Additional paid in capital 1,315,418 1,311,629
Accumulated other comprehensive income 34,602 35,078
Retained earnings 710,370 639,595
Treasury stock (208,659) (189,232)
Stockholders’ equity 1,851,745 1,797,084
Total liabilities and stockholders’ equity $ 3,517,412 $ 3,492,199