Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets, Current [Abstract]    
Cash and cash equivalents $ 153,543 $ 225,554
Accounts receivable, net 33,331 24,319
Inventories 117,515 110,087
Income tax receivable 17,935 816
Prepaid expenses and other current assets 9,901 14,161
Total current assets 332,225 374,937
Property, plant and equipment, net 60,773 62,247
Goodwill 1,042,280 1,041,325
Intangible assets, net 1,086,654 1,100,832
Other assets, net 1,664 2,219
Total assets 2,523,596 2,581,560
Current liabilities:    
Accrued purchases 21,258 27,469
Accrued expenses and other current liabilities 28,542 19,025
Founders advisory fees payable - related party 29,503 53,547
Deferred revenue 825 445
Total current liabilities 80,128 100,486
Long-term debt 664,410 664,128
Deferred income taxes 304,974 298,633
Founders advisory fees payable - related party 209,109 312,242
Redeemable preferred shares 97,812 96,867
Redeemable preferred shares - related party 3,735 3,699
Other non-current liabilities 22,145 22,195
Total liabilities 1,382,313 1,498,250
Commitments and contingencies
Shareholders’ equity:    
Ordinary shares, $1 nominal value per share, 4,000,000,000 shares authorized; 163,234,542 and 157,237,435 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 163,235 157,237
Additional paid-in capital 1,684,071 1,670,033
Accumulated other comprehensive loss (7,009) (7,135)
Accumulated deficit (699,014) (736,825)
Total shareholders’ equity 1,141,283 1,083,310
Total liabilities and shareholders’ equity 2,523,596 2,581,560
Customer lists    
Assets, Current [Abstract]    
Intangible assets, net 743,902 753,459
Technology and patents    
Assets, Current [Abstract]    
Intangible assets, net 244,008 247,368
Tradenames    
Assets, Current [Abstract]    
Intangible assets, net $ 98,744 $ 100,005