v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:          
Net income $ 19,488 $ 16,356 $ 67,996 $ 3,659  
Adjustments to reconcile net income to net cash flows provided by operating activities:          
Provision for loss on accounts receivable     14 11,452  
Loss on disposal of property, plant and equipment     154 1,229  
Share-based compensation     15,516 15,037  
Depreciation and amortization     49,954 42,436  
Amortization of deferred financing costs     1,113 1,074  
Change in operating lease right of use asset     1,638 727  
Deferred income taxes 5,400   21,528 0 $ (68,800)
Gain on equity investment (4,539) 0 (66,552) 0  
Changes in operating assets and liabilities:          
Accounts receivable     (1,467) (3,208)  
Inventories     (9,991) (9,400)  
Prepaid expenses and other current assets     2,445 (3,913)  
Other assets     (3,725) (3,060)  
Accounts payable     (5,554) 2,291  
Accrued expenses     12,713 (18,958)  
Operating lease liability     (1,028) (673)  
Net cash flows provided by operating activities     84,754 38,693  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Proceeds from sale of equity investment     99,998 0  
Acquisitions of property, plant and equipment, software and deposits on equipment     (57,324) (59,932)  
Net cash flows provided by (used in) investing activities     42,674 (59,932)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Purchase of treasury stock, inclusive of broker fees     (54,391) 0  
Proceeds from exercise of options to purchase common stock     5,985 187  
Tax withholdings related to net shares settlements of restricted stock units     (4,632) (2,860)  
Principal payments under finance lease obligations     (1,556) (1,037)  
Net cash flows used in financing activities     (54,594) (3,710)  
NET CHANGE IN CASH AND CASH EQUIVALENTS     72,834 (24,949)  
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR     277,975 268,633 268,633
CASH AND CASH EQUIVALENTS, END OF PERIOD 350,809 243,684 350,809 243,684 $ 277,975
SUPPLEMENTAL CASH FLOW INFORMATION:          
Interest paid, net of amounts capitalized     5,812 5,992  
Taxes paid     912 0  
Operating right-of-use assets obtained in exchange for lease obligations     0 64,866  
NON-CASH FINANCING AND INVESTING ACTIVITIES:          
Property, plant and equipment and software purchases in accounts payable and accrued expenses     8,500 9,057  
Excise tax on share repurchases included in accrued liabilities $ 174 $ 0 174 0  
Tax withholdings related to net shares settlements of restricted stock units in accrued expenses     24 301  
Non-cash addition of finance lease to property, plant and equipment     $ 0 $ 7,236