v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 129,349 $ 123,102
Inventories, net 163,205 146,860
Prepaid expenses and other current assets 28,139 28,862
Total current assets 692,399 675,882
Property, plant, and equipment, net 255,753 265,250
Operating lease right-of-use assets 20,837 20,741
Deferred income tax asset, net 3,245 3,169
Debt issuance costs, net 3,164 3,461
Goodwill 682,227 684,230
Intangible assets, net 741,973 754,737
Other long-term assets 3,413 3,097
Total assets 2,887,748 2,885,888
Current liabilities:    
Current operating lease liabilities 6,031 5,927
Other current liabilities 153,770 153,592
Total current liabilities 505,775 484,326
Deferred income tax liability 168,427 169,355
Long-term operating lease liabilities 15,679 15,745
Other long-term liabilities 47,004 45,302
Total liabilities 2,457,604 2,493,770
Commitments and contingencies (See Note 17)
Stockholders' equity:    
Redeemable preferred stock, $0.01 par value, 100,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.01 par value, 2,000,000,000 shares authorized, 198,226,870 and 197,532,147 issued, respectively, and 198,226,870 and 197,532,147, outstanding, respectively 1,982 1,975
Additional paid-in capital 503,075 509,369
Accumulated deficit (119,488) (176,404)
Accumulated other comprehensive income 44,575 57,178
Total stockholders' equity 430,144 392,118
Total liabilities and stockholders’ equity 2,887,748 2,885,888
Nonrelated Party    
Current assets:    
Inventories, net 162,084 146,039
Current liabilities:    
Accounts payable 153,837 128,662
Related Party    
Current assets:    
Inventories, net 1,121 821
Current liabilities:    
Accounts payable 1,969 1,852
Consolidated Entity, Excluding Consolidated VIE    
Current assets:    
Restricted cash 1,683 3,602
Accounts receivable, net 109,402 113,651
Equipment financing receivables, net 2,018 2,822
Equipment financing receivables, net 2,579 4,913
Current liabilities:    
Current portion of long-term debt 100 113
Long-term debt, net 1,290,451 1,354,636
Variable Interest Entity, Primary Beneficiary    
Current assets:    
Restricted cash 21,330 22,999
Accounts receivable, net 143,266 141,973
Equipment financing receivables, net 94,007 92,011
Equipment financing receivables, net 482,158 470,408
Current liabilities:    
Asset backed borrowings - owed to securitization investors 190,068 194,180
Asset backed borrowings - owed to securitization investors $ 430,268 $ 424,406