v3.26.3
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 93,447 $ 138,353
Short-term investments 340,020 464,004
Accounts receivable 89,177 119,953
Inventory 236,867 240,912
Other current assets 140,765 123,836
Total current assets 900,276 1,087,058
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $212,381 and $189,326 206,949 214,947
ACQUIRED TECHNOLOGY, net of accumulated amortization of $234,033 and $220,392 93,142 56,783
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $14,308 and $13,269 2,980 4,019
GOODWILL 15,535 15,535
INVESTMENTS 469,611 377,034
DEFERRED INCOME TAXES 76,414 79,454
OTHER ASSETS 113,504 128,932
TOTAL ASSETS 1,878,411 1,963,762
CURRENT LIABILITIES:    
Accounts payable 18,570 23,344
Accrued expenses 52,839 52,564
Deferred revenue 35,013 21,011
Other current liabilities 12,680 11,094
Total current liabilities 119,102 108,013
DEFERRED REVENUE 3,087 1,943
RETIREMENT PLAN BENEFIT LIABILITY 57,421 56,541
OTHER LIABILITIES 33,300 36,246
Total liabilities 212,910 202,743
COMMITMENTS AND CONTINGENCIES (Note 18)
SHAREHOLDERS' EQUITY:    
Preferred Stock, par value $0.01 per share, 5,000,000 shares authorized, 200,000 shares of Series A Nonconvertible Preferred Stock issued and outstanding (liquidation value of $7.50 per share or $1,500) 2 2
Common Stock, par value $0.01 per share, 200,000,000 shares authorized, 49,063,673 and 48,916,606 shares issued, and 45,279,598 and 47,259,748 shares outstanding, at September 30, 2026 and December 31, 2025, respectively 491 489
Additional paid-in capital 757,577 744,692
Retained earnings 1,184,481 1,090,479
Accumulated other comprehensive (loss) income (6,969) 781
Treasury stock, at cost (3,784,075 and 1,656,858 shares at September 30, 2026 and December 31, 2025) (270,081) (75,424)
Total shareholders’ equity 1,665,501 1,761,019
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,878,411 $ 1,963,762