v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 516,619 $ 635,552
Accounts receivable, net of allowance of $10,720 as of June 30, 2026 and $12,527 as of December 31, 2025 231,303 215,985
Inventories 172,612 164,701
Prepaid and refundable taxes 42,870 48,606
Prepaid expenses and other current assets 61,641 36,769
Total Current Assets 1,025,045 1,101,613
Property, plant, and equipment, net 273,335 242,603
Goodwill 779,144 792,840
Intangible assets, net 217,003 229,964
Operating lease assets 56,712 55,519
Investments 15,270 20,291
Deferred tax assets 198,749 110,983
Long-term derivative assets 57,293 36,551
Other assets 18,310 15,689
Total Assets 2,640,861 2,606,053
Current Liabilities:    
Current debt obligations 3,583 31,472
Accounts payable 103,392 97,157
Accrued liabilities and other 103,831 94,573
SNIA environmental liability 385,023 396,242
Current contingent consideration 0 50,030
Current litigation provision liability 20,132 12,552
Taxes payable 22,071 33,133
Accrued employee compensation and related benefits 68,972 92,913
Total Current Liabilities 707,004 808,072
Long-term debt obligations 289,908 345,185
Long-term contingent consideration 42,121 42,045
Deferred tax liabilities 9,310 9,590
Long-term operating lease liabilities 49,671 48,327
Long-term employee compensation and related benefits 13,969 13,574
Long-term derivative liabilities 152,904 83,904
Other long-term liabilities 50,652 55,369
Total Liabilities 1,315,539 1,406,066
Commitments and contingencies (Note 6)
Shareholders’ Equity:    
Ordinary Shares, £1.00 par value: Unlimited shares authorized; 55,601,145 shares issued and 55,051,768 shares outstanding as of June 30, 2026; 55,535,181 shares issued and 54,649,085 shares outstanding as of December 31, 2025 84,599 84,564
Additional paid-in capital 2,270,699 2,254,980
Accumulated other comprehensive (loss) income (14,386) 7,330
Accumulated deficit (1,014,858) (1,145,721)
Treasury shares at cost, 549,377 ordinary shares as of June 30, 2026; 886,096 ordinary shares as of December 31, 2025 (732) (1,166)
Total Shareholders’ Equity 1,325,322 1,199,987
Total Liabilities and Shareholders’ Equity $ 2,640,861 $ 2,606,053