Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 295,437 $ 267,813
Trade receivables, net of allowances for doubtful accounts of $10,757 and $8,893 as of June 30, 2023 and December 31, 2022, respectively 176,007 167,122
Prepaid expenses and other current assets 20,715 10,161
Total current assets 492,159 445,096
Property, plant and equipment, net 54,793 47,034
Operating lease right-of-use assets, net 62,499 64,692
Goodwill 343,682 343,011
Intangible assets, net 122,974 135,429
Deferred tax assets 4,901 35
Other non-current assets 1,657 1,731
Total assets 1,082,665 1,037,028
Current liabilities    
Trade payables 8,837 6,675
Accrued expenses 36,945 33,085
Operating lease liabilities, current 8,851 7,041
Income tax liabilities   11,953
Current portion of finance lease obligations 3,139 1,846
Other current liabilities 8,476 8,310
Total current liabilities 66,248 68,910
Operating lease liabilities, non-current 73,369 74,086
Finance lease obligations 3,938 779
Deferred tax liabilities 1,132 12,890
Other non-current liabilities 3,756 3,504
Total liabilities 148,443 160,169
Commitments and contingencies (Note 13)
Stockholders' equity    
Common stock, $0.001 par value, 1,000,000 shares authorized, 167,250 shares issued and 167,234 outstanding as of June 30, 2023; 1,000,000 shares authorized, 165,448 shares issued and 165,417 outstanding as of December 31, 2022 167 165
Additional paid-in capital 787,562 756,299
Treasury stock, at cost, 16 shares and 31 shares as of June 30, 2023 and December 31, 2022, respectively (528) (796)
Retained earnings 152,531 127,517
Accumulated other comprehensive loss, net of income taxes (5,510) (6,326)
Total stockholders' equity 934,222 876,859
Total liabilities and stockholders' equity $ 1,082,665 $ 1,037,028