Annual report pursuant to Section 13 and 15(d)

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Condensed Consolidated Balance Sheet (Details)

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RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Condensed Consolidated Balance Sheet (Details) - USD ($)
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Nov. 09, 2021
Nov. 08, 2021
Dec. 31, 2020
Dec. 31, 2019
Current assets:                  
Cash and cash equivalents $ 126,750,000 $ 166,256,000 $ 125,502,000   $ 225,554,000        
Accounts receivable, net 26,646,000 85,612,000 68,458,000   24,319,000        
Inventories 142,961,000 120,467,000 123,065,000   106,910,000        
Income tax receivable 214,000 655,000 11,441,000 $ 7,753,000 816,000        
Prepaid expenses and other current assets 11,951,000 4,876,000 6,763,000   14,161,000        
Total current assets 308,522,000 377,866,000 335,229,000 322,043,000 371,760,000        
Property, plant and equipment, net 58,846,000 57,187,000 59,155,000   62,247,000        
Goodwill 1,031,460,000 1,019,387,000 1,031,219,000   1,041,325,000 $ 1,045,895,000 $ 487,107,000 $ 482,041,000  
Intangible assets, net 1,037,440,000       1,100,832,000        
Other assets, net 1,766,000 1,877,000 1,992,000   2,219,000        
Total assets 2,456,616,000 2,501,054,000 2,493,937,000 2,513,414,000 2,578,383,000        
Current Liabilities:                  
Accounts payable 36,794,000 31,856,000 42,967,000   27,469,000        
Accrued expenses and other current liabilities 32,705,000 59,028,000 22,876,000   19,025,000        
Founders advisory fees payable - related party 4,655,000 9,836,000 27,116,000   53,547,000        
Deferred revenue 0 1,272,000 5,387,000   445,000        
Total current liabilities 74,154,000 101,992,000 98,346,000   100,486,000        
Long-term debt 665,280,000 664,986,000 664,696,000   664,128,000        
Deferred income taxes 278,270,000 273,419,000 295,731,000 298,093,000 297,148,000        
Founders advisory fees payable - related party 170,718,000 134,598,000 191,031,000   312,242,000        
Redeemable preferred shares 101,279,000 100,263,000 99,312,000   96,867,000        
Redeemable preferred shares - related party 3,209,000 3,245,000 3,215,000   3,699,000        
Other non-current liabilities 9,322,000 8,951,000 12,643,000   22,195,000        
Total liabilities 1,317,716,000 1,287,454,000 1,364,974,000 1,375,432,000 1,496,765,000        
Commitments and Contingencies          
Shareholders’ equity:                  
Ordinary shares, $1 nominal value per share, 4,000,000,000 shares authorized; 163,234,542 shares issued; 162,316,326 shares outstanding 163,235,000 163,235,000 163,235,000   157,237,000        
Treasury shares, at cost; 918,216 shares (49,341,000) (7,572,000) (5,008,000)   0        
Additional paid-in capital 1,698,781,000 1,685,898,000 1,686,743,000 1,683,310,000 1,670,033,000        
Accumulated other comprehensive loss (25,471,000) (41,561,000) (23,380,000) (701,554,000) (7,135,000)        
Accumulated deficit (648,304,000) (586,400,000) (692,627,000)   (738,517,000)        
Total shareholders’ equity 1,138,900,000 1,213,600,000 1,128,963,000 1,137,982,000 1,081,618,000 $ 1,476,881,000 $ 252,443,000 $ 291,422,000 $ 262,386,000
Total liabilities and shareholders’ equity 2,456,616,000 2,501,054,000 2,493,937,000 2,513,414,000 2,578,383,000        
Customer lists                  
Current assets:                  
Intangible assets, net 710,329,000 715,829,000 730,339,000   753,459,000        
Technology and patents, net                  
Current assets:                  
Intangible assets, net 232,818,000 233,861,000 239,043,000   247,368,000        
Tradenames                  
Current assets:                  
Intangible assets, net $ 94,293,000 95,047,000 96,960,000   100,005,000        
As Reported                  
Current assets:                  
Cash and cash equivalents   166,256,000 125,502,000            
Accounts receivable, net   85,612,000 68,458,000            
Inventories   120,467,000 123,065,000   110,087,000        
Income tax receivable   655,000 25,608,000 17,935,000          
Prepaid expenses and other current assets   4,876,000 6,763,000            
Total current assets   377,866,000 349,396,000 332,225,000 374,937,000        
Property, plant and equipment, net   57,187,000 59,155,000            
Goodwill   1,019,387,000 1,031,219,000            
Other assets, net   1,877,000 1,992,000            
Total assets   2,501,054,000 2,508,104,000 2,523,596,000 2,581,560,000        
Current Liabilities:                  
Accounts payable   31,856,000 42,967,000            
Accrued expenses and other current liabilities   124,429,000 22,876,000            
Founders advisory fees payable - related party   9,836,000 27,116,000            
Deferred revenue   1,272,000 5,387,000            
Total current liabilities   167,393,000 98,346,000            
Long-term debt   664,986,000 664,696,000            
Deferred income taxes   222,952,000 304,993,000 304,974,000 298,633,000        
Founders advisory fees payable - related party   134,598,000 191,031,000            
Redeemable preferred shares   100,263,000 99,312,000            
Redeemable preferred shares - related party   3,245,000 3,215,000            
Other non-current liabilities   8,951,000 12,643,000            
Total liabilities   1,302,388,000 1,374,236,000 1,382,313,000 1,498,250,000        
Commitments and Contingencies              
Shareholders’ equity:                  
Ordinary shares, $1 nominal value per share, 4,000,000,000 shares authorized; 163,234,542 shares issued; 162,316,326 shares outstanding   163,235,000 163,235,000            
Treasury shares, at cost; 918,216 shares   (7,572,000) (5,008,000)            
Additional paid-in capital   1,697,644,000 1,690,812,000 1,684,071,000          
Accumulated other comprehensive loss   (41,561,000) (23,380,000) (699,014,000)          
Accumulated deficit   (613,080,000) (691,791,000)   (736,825,000)        
Total shareholders’ equity   1,198,666,000 1,133,868,000 1,141,283,000 1,083,310,000        
Total liabilities and shareholders’ equity   2,501,054,000 2,508,104,000 2,523,596,000 2,581,560,000        
As Reported | Customer lists                  
Current assets:                  
Intangible assets, net   715,829,000 730,339,000            
As Reported | Technology and patents, net                  
Current assets:                  
Intangible assets, net   233,861,000 239,043,000            
As Reported | Tradenames                  
Current assets:                  
Intangible assets, net   95,047,000 96,960,000            
Adjustment                  
Current assets:                  
Cash and cash equivalents   0 0            
Accounts receivable, net   0 0            
Inventories   0 0   (3,177,000)        
Income tax receivable   0 (14,167,000) (10,182,000)          
Prepaid expenses and other current assets   0 0            
Total current assets   0 (14,167,000) (10,182,000) (3,177,000)        
Property, plant and equipment, net   0 0            
Goodwill   0 0            
Other assets, net   0 0            
Total assets   0 (14,167,000) (10,182,000) (3,177,000)        
Current Liabilities:                  
Accounts payable   0 0            
Accrued expenses and other current liabilities   (65,401,000) 0            
Founders advisory fees payable - related party   0 0            
Deferred revenue   0 0            
Total current liabilities   (65,401,000) 0            
Long-term debt   0 0            
Deferred income taxes   50,467,000 (9,262,000) (6,881,000) (1,485,000)        
Founders advisory fees payable - related party   0 0            
Redeemable preferred shares   0 0            
Redeemable preferred shares - related party   0 0            
Other non-current liabilities   0 0            
Total liabilities   (14,934,000) (9,262,000) (6,881,000) (1,485,000)        
Commitments and Contingencies              
Shareholders’ equity:                  
Ordinary shares, $1 nominal value per share, 4,000,000,000 shares authorized; 163,234,542 shares issued; 162,316,326 shares outstanding   0 0            
Treasury shares, at cost; 918,216 shares   0 0            
Additional paid-in capital   (11,746,000) (4,069,000) (761,000)          
Accumulated other comprehensive loss   0 0 (2,540,000)          
Accumulated deficit   26,680,000 (836,000)   (1,692,000)        
Total shareholders’ equity   14,934,000 (4,905,000) (3,301,000) (1,692,000)        
Total liabilities and shareholders’ equity   0 (14,167,000) $ (10,182,000) $ (3,177,000)        
Adjustment | Customer lists                  
Current assets:                  
Intangible assets, net   0 0            
Adjustment | Technology and patents, net                  
Current assets:                  
Intangible assets, net   0 0            
Adjustment | Tradenames                  
Current assets:                  
Intangible assets, net   $ 0 $ 0