v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 309,749 $ 133,820
Marketable securities, available-for-sale 8,873 9,000
Accounts receivable, net and contract assets 457,989 441,273
Inventories 155,467 176,475
Prepaid expenses and other current assets 70,958 64,639
Total current assets 1,003,036 825,207
Property and equipment, net 82,230 82,137
Prepaid expenses and other assets 50,915 53,551
Goodwill 582,323 580,360
Intangible assets, net 951,955 981,467
Restricted cash 2,260 2,601
Total assets 2,672,719 2,525,323
Current liabilities    
Accounts payable 14,098 20,899
Accrued expenses 140,369 156,193
Current portion of long-term debt, net 208,743 0
Total current liabilities 363,210 177,092
Long-term debt, net 1,935,896 2,142,630
Other long-term liabilities 106,448 113,863
Deferred tax liabilities, net 47,529 42,924
Total liabilities 2,453,083 2,476,509
Commitments and contingencies (Note 11)
Stockholders’ equity    
Preferred stock - $0.001 par value; 20,000 shares authorized; no shares issued and outstanding 0 0
Common stock - $0.001 par value; 300,000 shares authorized; 118,523 and 117,782 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 118 118
Additional paid-in capital 27,386 12,002
Accumulated other comprehensive loss (12,703) (18,092)
Retained earnings 204,835 54,786
Total stockholders’ equity 219,636 48,814
Total liabilities and stockholders’ equity $ 2,672,719 $ 2,525,323