Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 125,502 $ 225,554
Accounts receivable, net 68,458 24,319
Inventories 123,065 110,087
Income tax receivable 25,608 816
Prepaid expenses and other current assets 6,763 14,161
Total current assets 349,396 374,937
Property, plant and equipment, net 59,155 62,247
Goodwill 1,031,219 1,041,325
Intangible assets, net 1,066,342 1,100,832
Other assets, net 1,992 2,219
Total assets 2,508,104 2,581,560
Current liabilities:    
Accrued purchases 42,967 27,469
Accrued expenses and other current liabilities 22,876 19,025
Founders advisory fees payable - related party 27,116 53,547
Deferred revenue 5,387 445
Total current liabilities 98,346 100,486
Long-term debt 664,696 664,128
Deferred income taxes 304,993 298,633
Founders advisory fees payable - related party 191,031 312,242
Redeemable preferred shares 99,312 96,867
Redeemable preferred shares - related party 3,215 3,699
Other non-current liabilities 12,643 22,195
Total liabilities 1,374,236 1,498,250
Commitments and contingencies (Note 8)
Shareholders’ equity:    
Ordinary shares, $1 nominal value per share, 4,000,000,000 shares authorized; 163,234,542 and 157,237,435 shares issued; 162,637,029 and 157,237,435 shares outstanding at June 30, 2022 and December 31, 2021, respectively 163,235 157,237
Treasury shares, at cost; 597,513 shares at June 30, 2022 and no shares at December 31, 2021 (5,008) 0
Additional paid-in capital 1,690,812 1,670,033
Accumulated other comprehensive loss (23,380) (7,135)
Accumulated deficit (691,791) (736,825)
Total shareholders’ equity 1,133,868 1,083,310
Total liabilities and shareholders’ equity 2,508,104 2,581,560
Customer lists, net    
Current assets:    
Intangible assets, net 730,339 753,459
Technology and patents, net    
Current assets:    
Intangible assets, net 239,043 247,368
Tradenames    
Current assets:    
Intangible assets, net $ 96,960 $ 100,005