Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 166,256 $ 225,554
Accounts receivable, net 85,612 24,319
Inventories 120,467 110,087
Income tax receivable 655 816
Prepaid expenses and other current assets 4,876 14,161
Total current assets 377,866 374,937
Property, plant and equipment, net 57,187 62,247
Goodwill 1,019,387 1,041,325
Intangible assets, net 1,044,737 1,100,832
Other assets, net 1,877 2,219
Total assets 2,501,054 2,581,560
Current liabilities:    
Accounts payable 31,856 27,469
Accrued expenses and other current liabilities 124,429 19,025
Founders advisory fees payable - related party 9,836 53,547
Deferred revenue 1,272 445
Total current liabilities 167,393 100,486
Long-term debt 664,986 664,128
Deferred income taxes 222,952 298,633
Founders advisory fees payable - related party 134,598 312,242
Redeemable preferred shares 100,263 96,867
Redeemable preferred shares - related party 3,245 3,699
Other non-current liabilities 8,951 22,195
Total liabilities 1,302,388 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; 162,316,326 and 157,237,435 shares outstanding at September 30, 2022 and December 31, 2021, respectively 163,235 157,237
Treasury shares, at cost; 918,216 shares at September 30, 2022 and no shares at December 31, 2021 (7,572) 0
Additional paid-in capital 1,697,644 1,670,033
Accumulated other comprehensive loss (41,561) (7,135)
Accumulated deficit (613,080) (736,825)
Total shareholders’ equity 1,198,666 1,083,310
Total liabilities and shareholders’ equity 2,501,054 2,581,560
Customer lists, net    
Current assets:    
Intangible assets, net 715,829 753,459
Technology and patents, net    
Current assets:    
Intangible assets, net 233,861 247,368
Tradenames, net    
Current assets:    
Intangible assets, net $ 95,047 $ 100,005