v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
OPERATING ACTIVITIES:    
Net loss $ (4,617) $ (25,293)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 38,430 37,188
Deferred income tax provision (benefit) 1,326 (1,832)
Share-based compensation 5,165 1,870
Amortization of debt issuance costs and expenses associated with debt refinancing 995 1,385
Non-cash lease adjustment 330 (254)
Loss on disposal of property and equipment 90 495
Change in fair value of contingent consideration and others (1,293) (162)
Changes in assets and liabilities:    
Accounts receivable 13,645 21,451
Inventories (4,329) (13,696)
Prepaid expenses and other current assets (21,877) (17,551)
Other non-current assets 1,385 1,510
Accounts payable, accrued expenses and other current liabilities (19,186) (18,000)
Contract liabilities (630) 244
Other non-current liabilities 369 1,388
Net cash provided by (used in) operating activities 9,803 (11,257)
INVESTING ACTIVITIES:    
Purchases of property and equipment (14,848) (28,920)
Purchases of short-term investments 0 (7,000)
Net cash used in investing activities (14,848) (35,920)
FINANCING ACTIVITIES:    
Proceeds from borrowings of long-term indebtedness 44,500 54,400
Payments on debt (35,588) (15,244)
Payments for contingent considerations 0 (2,600)
Proceeds from exercised stock options and employee stock purchase plan 760 957
Cash taxes paid in net equity settlement (1,375) (2,136)
Net cash provided by financing activities 8,297 35,377
Effect of exchange rate changes on cash and cash equivalents (1,491) 4,529
Net increase (decrease) in cash and cash equivalents 1,761 (7,271)
Cash and cash equivalents at beginning of period 235,048 246,375
Cash and cash equivalents at end of period $ 236,809 $ 239,104