v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 199,531 $ 196,093
Restricted cash 35 1,380
Accounts receivable, net 477,237 477,026
Inventories 170,586 167,895
Income tax receivables 38,181 31,654
Other current assets 98,202 86,287
Total current assets 983,772 960,335
Property, plant and equipment, net 514,613 523,157
Investments in joint ventures 79,779 78,706
Intangible assets, net 227,974 251,329
Goodwill 348,558 348,558
Operating lease right-of-use assets 77,796 72,777
Non-current accounts receivable, net 7,432 7,432
Post-retirement benefits 3,396 0
Other non-current assets 17,018 17,141
Total assets 2,260,338 2,259,435
Current liabilities    
Accounts payable and accrued liabilities 304,808 268,588
Income tax liabilities 54,131 51,111
Finance lease liabilities 1,540 2,359
Operating lease liabilities 20,317 18,225
Other current liabilities 99,835 103,379
Total current liabilities 480,631 443,662
Long-term borrowings 79,065 79,065
Deferred tax liabilities, net 15,154 19,513
Post-retirement benefits 0 314
Non-current finance lease liabilities 12,124 12,762
Non-current operating lease liabilities 58,259 56,103
Uncertain tax positions 73,355 77,890
Other non-current liabilities 36,198 36,003
Total liabilities 754,786 725,312
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Common stock, €0.06 nominal value, 200,000 shares authorized, 122,590 and 122,384 shares issued 8,570 8,559
Treasury stock (at cost) 10,379 and 8,823 shares (154,153) (127,137)
Additional paid-in capital 2,107,739 2,110,177
Accumulated other comprehensive income 17,931 18,053
Accumulated deficit (474,535) (475,529)
Total stockholders’ equity 1,505,552 1,534,123
Total liabilities and stockholders’ equity $ 2,260,338 $ 2,259,435