v3.26.3
Significant accounting policies (Tables)
 9 Months Ended
Sep. 30, 2026
Accounting Policies [Abstract]  
Schedule of reconciliation of cash and cash equivalents and restricted cash and cash equivalents
The reconciliation of cash and cash equivalents and restricted cash reported within the applicable balance sheet that sum to the total of the same such amounts shown in the statements of cash flows is as follows:
As of
September 30, 2026
September 30, 2025
Cash and cash equivalents
$
92,387 
$
92,800 
Restricted cash
12,546 
14,688 
Total cash and cash equivalents and restricted cash
$
104,933 
$
107,488 
Schedule of Cash and Cash Equivalents
The reconciliation of cash and cash equivalents and restricted cash reported within the applicable balance sheet that sum to the total of the same such amounts shown in the statements of cash flows is as follows:
As of
September 30, 2026
September 30, 2025
Cash and cash equivalents
$
92,387 
$
92,800 
Restricted cash
12,546 
14,688 
Total cash and cash equivalents and restricted cash
$
104,933 
$
107,488 
Summary of property, plant and equipment, net and related accumulated depreciation
The Company's property, plant and equipment is segregated into the following asset classes:
Asset classEstimated useful lives
LandIndefinite life
Building and improvements(1)
10-39 years
Furniture and fixtures
3-5 years
Machinery and equipment
3-7 years
Information technology
3-7 years
(1) Leasehold improvements are depreciated over the shorter of the asset’s useful life or the remaining lease term.
Property, plant and equipment, net consist of the following as of September 30, 2026 and December 31, 2025:
As of
September 30, 2026December 31, 2025
Land$12,937 $12,937 
Building and improvements573,238 548,388 
Furniture and fixtures115,085 108,750 
Machinery and equipment146,921 133,648 
Information technology1,117 27,668 
Construction in progress21,897 22,618 
Property, plant and equipment, gross871,195 854,009 
Less: Accumulated depreciation(370,140)(333,623)
Property, plant and equipment, net$501,055 $520,386 
For the three and nine months ended September 30, 2026 and 2025, depreciation expense was as follows:
Three months ended September 30, Nine months ended September 30,
2026202520262025
Depreciation expense(1):
Cost of goods sold$12,911 $12,217 $38,256 $35,985 
Operating expenses8,445 8,654 22,821 27,117 
Total depreciation expense$21,356 $20,871 $61,077 $63,102 
(1) Includes depreciation expense associated with assets under failed sale and leaseback obligations. See Note 12 — Failed sale and leaseback arrangements for further detail.
Schedule of intangible assets subject to amortization
The Company's intangible assets are segregated into asset classes with the following estimated useful lives:
Asset class
Estimated useful lives(1)
Non-compete agreements
1-15 years
Trade names
1-20 years
Intellectual property and know-how
5-15 years
Licenses and service agreements
5-30 years
Customer relationships
3 years
Internal-use software
3-7 years
(1) The Company holds no intangible assets with indefinite useful lives.
Identifiable intangible assets consisted of the following as of September 30, 2026 and December 31, 2025:
As of September 30, 2026Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Licenses and service agreements$1,320,738 $(485,199)$835,539 
Trade names163,776 (73,516)90,260 
Non-compete agreements25,149 (16,230)8,919 
Intellectual property and know-how9,365 (5,151)4,214 
Internal-use software2,544 (751)1,793 
Customer relationships67 (33)34 
Intangible assets, net(1)
$1,521,639 $(580,880)$940,759 
(1) Intangible assets held by the Company’s international subsidiaries are subject to foreign currency translation adjustments.
As of December 31, 2025Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Licenses and service agreements$1,318,987 $(422,887)$896,100 
Trade names162,903 (65,877)97,026 
Non-compete agreements25,244 (14,591)10,653 
Intellectual property and know-how9,577 (3,790)5,787 
Internal-use software1,716 (220)1,496 
Customer relationships71 (18)53 
Intangible assets, net(1)
$1,518,498 $(507,383)$1,011,115 
(1) Intangible assets held by the Company’s international subsidiaries are subject to foreign currency translation adjustments.
The remaining weighted average amortization period for each major class as of September 30, 2026 was as follows:
Asset class:Weighted Average Amortization (in years)
Licenses and service agreements11.30
Trade names10.74
Non-compete agreements4.65
Internal-use software3.83
Intellectual property and know-how2.25
Customer relationships1.50