v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 127,762 $ 98,584
Short-term investments 0 17,914
Accounts receivable, net 188,161 168,783
Inventories 62,051 65,406
Prepaids and other current assets 10,948 16,375
Total current assets 388,922 367,062
Property and equipment, net 484,408 425,313
Intangible assets, net 1,903,246 1,920,880
Goodwill 706,615 706,615
Other assets, net 71,412 72,329
Total assets 3,554,603 3,492,199
Current liabilities:    
Long-term debt and lease obligations payable within one year 12,866 3,917
Tax receivable agreement payments payable within one year 7,400 12,600
Accounts payable 89,541 85,667
Customer trade allowances 65,907 62,194
Accrued expenses and other current liabilities 36,594 59,933
Total current liabilities 212,308 224,311
Long-term debt and lease obligations 978,537 999,089
Tax receivable agreement obligations 116,653 123,092
Deferred tax liability 368,423 347,030
Other long-term liabilities 1,332 1,593
Total liabilities 1,677,253 1,695,115
Commitments and Contingencies (Note 10)
Class A common stock, $0.0001 par value, 200,000,000 shares authorized, 143,198,402 shares issued and 132,872,993 shares outstanding as of September 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 1,318,967 1,311,629
Accumulated other comprehensive income 33,846 35,078
Retained earnings 733,182 639,595
Treasury stock (208,659) (189,232)
Stockholders’ equity 1,877,350 1,797,084
Total liabilities and stockholders’ equity $ 3,554,603 $ 3,492,199