Accounts Payable and Accrued Expenses

9 Months Ended

Sep. 30, 2026

11. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consist of the following:


	September 30,		December 31,
(In thousands)	2026		2025
Accounts payable	$	107,686	$	107,950
Accrued compensation		86,505		82,450
Accrued other		100,246		99,165
Total accounts payable and accrued expenses	$	294,437	$	289,565

A summary of the Company’s current provision for sales discounts, allowances and reserves was as follows:


	September 30,		December 31,
(In thousands)	2026		2025
Medicaid rebates	$	214,927	$	186,068
Product discounts		35,776		18,688
Medicare Part D		43,145		25,372
Other		29,558		16,998
Total accrued sales discounts, allowances and reserves	$	323,406	$	247,126

Included in accounts payable was approximately $40.0 million and $59.6 million of amounts payable related to state U.S. Medicaid rebates as of September 30, 2026 and December 31, 2025, respectively.