v3.26.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 63,132 $ 125,206
Accounts receivable, net of allowances of $8,022 and $6,783, respectively 115,727 112,558
Inventories [1] 125,145 98,853
Assets held for sale 26,432 26,253
Prepaid expenses and other current assets 81,467 69,039
Total current assets 411,903 431,909
Non-current assets:    
Property and equipment, net 112,675 117,274
Intangible assets, net 225,016 248,818
Goodwill 193,187 193,187
Operating lease right-of-use assets 53,273 57,990
Other non-current assets, net of allowances of $714 and $538, respectively 54,287 44,928
Deferred income taxes 194,220 209,666
Total non-current assets 832,658 871,863
Total assets 1,244,561 1,303,772
Current liabilities:    
Accounts payable 98,241 92,514
Accrued liabilities 100,736 139,020
Deferred revenue 36,220 35,194
Current portion of long-term debt 2,500 2,500
Total current liabilities 237,697 269,228
Non-current liabilities:    
Long-term debt 814,053 833,579
Non-current operating lease liabilities 50,065 55,772
Other non-current liabilities 22,049 44,064
Total non-current liabilities 886,167 933,415
Total liabilities 1,123,864 1,202,643
Commitments and contingencies (Note 15)
Stockholders' equity    
Common stock, par value $0.0001 per share; 500,000,000 shares authorized at June 30, 2026 and December 31, 2025; 135,497,166 shares issued and outstanding at June 30, 2026; and 134,511,275 shares issued and outstanding at December 31, 2025 14 13
Additional paid-in capital 1,296,865 1,288,294
Accumulated other comprehensive (loss) income (36) 44
Accumulated deficit (1,176,146) (1,187,222)
Total stockholders' equity 120,697 101,129
Total liabilities and stockholders' equity $ 1,244,561 $ 1,303,772
[1] See Note 4, “Government Assistance,” for additional information.