v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash $ 134,595 $ 97,183
Restricted cash 1,360 1,400
Accounts receivable, net 189,258 233,900
Inventories 344,638 303,336
Prepaid expenses and other current assets 67,639 29,639
Total current assets 737,490 665,458
Restricted cash, noncurrent 252 250
Property and equipment, net 28,905 31,514
Goodwill 379,326 357,765
Intangible assets, net 105,627 125,210
Other assets 86,518 73,587
Total assets 1,338,118 1,253,784
Current liabilities:    
Debt maturing within one year, net 6,125 6,120
Accounts payable 243,104 212,547
Other liabilities and accrued expenses 227,754 212,275
Total current liabilities 476,983 430,942
Long-term debt, net 110,628 115,222
Deferred tax liabilities 3,773 6,071
Other liabilities, noncurrent 57,515 55,795
Total liabilities 648,899 608,030
Commitments and Contingencies (Note 9)
Temporary equity    
Redeemable noncontrolling interest 15,572 12,197
Stockholders' equity    
Preferred stock, $0.0001 par value: 5,000 shares authorized, nil and nil shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively
Common stock, $0.0001 par value: 300,000 shares authorized, 109,225 and 106,639 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively 11 11
Additional paid-in capital 730,008 705,361
Accumulated deficit (54,999) (71,230)
Accumulated other comprehensive loss (1,373) (585)
Total stockholders' equity 673,647 633,557
Total liabilities, temporary equity and stockholders' equity $ 1,338,118 $ 1,253,784