v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 170,738 $ 196,093
Restricted cash 35 1,380
Accounts receivable, net 492,189 477,026
Inventories 168,073 167,895
Income tax receivables 40,437 31,654
Other current assets 92,658 86,287
Total current assets 964,130 960,335
Property, plant and equipment, net 509,938 523,157
Investments in joint ventures 77,169 78,706
Intangible assets, net 240,499 251,329
Goodwill 348,558 348,558
Operating lease right-of-use assets 78,618 72,777
Non-current accounts receivable, net 7,432 7,432
Post-retirement benefits (1,502) 0
Other non-current assets 17,056 17,141
Total assets 2,244,902 2,259,435
Current liabilities    
Accounts payable and accrued liabilities 273,405 268,588
Income tax liabilities 57,093 51,111
Finance lease liabilities 1,591 2,359
Operating lease liabilities 19,223 18,225
Other current liabilities 101,283 103,379
Total current liabilities 452,595 443,662
Long-term borrowings 79,065 79,065
Deferred tax liabilities, net 17,730 19,513
Post-retirement benefits 0 314
Non-current finance lease liabilities 12,831 12,762
Non-current operating lease liabilities 59,641 56,103
Uncertain tax positions 72,062 77,890
Other non-current liabilities 35,554 36,003
Total liabilities 729,478 725,312
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Common stock, €0.06 nominal value, 200,000 shares authorized, 122,589 and 122,384 shares issued 8,570 8,559
Treasury stock (at cost) 9,198 and 8,823 shares (135,860) (127,137)
Additional paid-in capital 2,101,285 2,110,177
Accumulated other comprehensive income 17,992 18,053
Accumulated deficit (476,563) (475,529)
Total stockholders’ equity 1,515,424 1,534,123
Total liabilities and stockholders’ equity $ 2,244,902 $ 2,259,435