v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows From Operating Activities:    
Net income $ 42,815 $ 13,033
Adjustments to reconcile net income to net cash flows used for operating activities:    
Depreciation 67,579 68,719
Amortization of intangible assets 25,105 15,653
Share-based compensation 32,907 38,624
Inventory obsolescence 10,008 14,405
Deferred income taxes (6,724) (10,771)
Income from equity method investments (3,593) (15,053)
Content assets amortization 7,198 36,251
(Gain) on remeasurement of previously held equity interest (147,940) 0
Changes in assets and liabilities:    
Accounts receivable, net 294,781 238,999
Inventories (291,154) (327,702)
Prepaid expenses and other current assets (57,046) (18,476)
Accounts payable, accrued liabilities, and income taxes payable (233,087) (277,044)
Content assets spend (11,177) (9,327)
Other, net 68,194 (42,579)
Net cash flows used for operating activities (202,134) (275,268)
Cash Flows From Investing Activities:    
Purchases of tools, dies, and molds (38,612) (31,991)
Purchases of other property, plant, and equipment (87,197) (44,028)
Payments for acquisitions, net of cash acquired (74,844) 0
Other, net 5,391 21,438
Net cash flows used for investing activities (195,262) (54,581)
Cash Flows From Financing Activities:    
Share repurchases (300,000) (210,000)
Tax withholdings for share-based compensation (23,429) (14,509)
Proceeds from stock option exercises 3,378 4,767
Other, net (2,997) (2,652)
Net cash flows used for financing activities (323,048) (222,394)
Effect of Currency Exchange Rate Changes on Cash and Equivalents 1,373 34,787
Change in Cash and Equivalents (719,071) (517,456)
Cash and Equivalents at Beginning of Period 1,242,927 1,387,908
Cash and Equivalents at End of Period $ 523,856 $ 870,452