v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 246,957 $ 158,545
Short-term available-for-sale investments 48,620 79,879
Accounts receivable, net 122,894 124,069
Inventories, net 129,493 152,863
Prepaid expenses and other current assets 42,262 32,618
Total current assets 590,226 547,974
Fixed assets, net 129,179 140,690
Right-of-use assets, net 42,456 41,777
Goodwill 19,537 20,214
Intangible assets, net 272,998 368,100
Deferred tax assets 125,307 123,854
Investments and other assets 22,936 22,308
Total assets 1,202,639 1,264,917
Current liabilities:    
Accounts payable 17,505 15,150
Accrued expenses 98,504 95,601
Lease liabilities 10,087 9,839
Total current liabilities 126,096 120,590
Long-term debt, net 293,592 372,189
Lease liabilities 36,601 36,176
Contingent consideration 3,022 18,066
Deferred tax liabilities 4,033 4,213
Other liabilities 26,974 20,572
Total liabilities 490,318 571,806
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, par value $0.001; 5,000,000 shares authorized; none issued and outstanding at September 30, 2026 and December 31, 2025 0 0
Common stock, par value $0.001; 250,000,000 shares authorized; 48,915,106 shares issued and 39,896,515 shares outstanding at September 30, 2026 and 47,890,777 shares issued and 41,116,739 shares outstanding at December 31, 2025 49 48
Treasury stock, at cost, inclusive of excise tax and broker fees, 9,018,591 and 6,774,038 shares at September 30, 2026 and December 31, 2025, respectively (227,013) (176,565)
Additional paid-in capital 1,099,505 1,064,623
Accumulated deficit (163,232) (199,322)
Accumulated other comprehensive income 3,012 4,327
Total stockholders’ equity 712,321 693,111
Total liabilities and stockholders’ equity $ 1,202,639 $ 1,264,917