v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 563,467 $ 635,552
Accounts receivable, net of allowance of $10,736 as of September 30, 2026 and $12,527 as of December 31, 2025 236,374 215,985
Inventories 177,881 164,701
Prepaid and refundable taxes 46,273 48,606
Prepaid expenses and other current assets 58,853 36,769
Total Current Assets 1,082,848 1,101,613
Property, plant, and equipment, net 293,322 242,603
Goodwill 778,805 792,840
Intangible assets, net 210,730 229,964
Operating lease assets 56,677 55,519
Investments 16,801 20,291
Deferred tax assets 194,453 110,983
Long-term derivative assets 52,593 36,551
Other assets 26,895 15,689
Total Assets 2,713,124 2,606,053
Current Liabilities:    
Current debt obligations 3,896 31,472
Accounts payable 106,912 97,157
Accrued liabilities and other 128,934 107,125
SNIA environmental liability 383,642 396,242
Current contingent consideration 0 50,030
Taxes payable 28,898 33,133
Accrued employee compensation and related benefits 87,911 92,913
Total Current Liabilities 740,193 808,072
Long-term debt obligations 295,194 345,185
Long-term contingent consideration 45,394 42,045
Deferred tax liabilities 7,742 9,590
Long-term operating lease liabilities 48,794 48,327
Long-term employee compensation and related benefits 13,904 13,574
Long-term derivative liabilities 124,752 83,904
Other long-term liabilities 65,080 55,369
Total Liabilities 1,341,053 1,406,066
Commitments and contingencies (Note 6)
Shareholders’ Equity:    
Ordinary Shares, £1.00 par value: Unlimited shares authorized; 55,604,976 shares issued and 55,085,074 shares outstanding as of September 30, 2026; 55,535,181 shares issued and 54,649,085 shares outstanding as of December 31, 2025 84,599 84,564
Additional paid-in capital 2,283,983 2,254,980
Accumulated other comprehensive (loss) income (15,253) 7,330
Accumulated deficit (980,564) (1,145,721)
Treasury shares at cost, 519,902 ordinary shares as of September 30, 2026; 886,096 ordinary shares as of December 31, 2025 (694) (1,166)
Total Shareholders’ Equity 1,372,071 1,199,987
Total Liabilities and Shareholders’ Equity $ 2,713,124 $ 2,606,053