Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.23.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 224,579 $ 187,353
Short-term restricted cash 1,042 982
Short-term investments 20,488 18,529
Accounts receivable, net 155,834 170,971
Inventory 126,152 160,544
Prepaid expenses and other current assets 26,396 24,745
Total current assets 554,491 563,124
Long-term restricted cash 22 22
Property and equipment, net 73,845 79,018
Leased right-of-use assets 35,112 28,515
Intangible assets, net 91,203 109,316
Goodwill 318,456 306,739
Deferred tax assets 56,757 66,491
Other long-term assets 31,594 26,800
Total assets 1,161,480 1,180,025
Current liabilities:    
Accounts payable 45,901 68,576
Accrued price protection liability 80,133 113,274
Accrued expenses and other current liabilities 90,693 100,155
Accrued compensation 25,002 59,081
Total current liabilities 241,729 341,086
Long-term lease liabilities 30,712 23,353
Long-term debt 122,064 121,757
Other long-term liabilities 20,928 17,444
Total liabilities 415,433 503,640
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 25,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.0001 par value; 550,000 shares authorized; 80,930 shares issued and outstanding at June 30, 2023 and 78,745 shares issued and outstanding December 31, 2022 8 8
Additional paid-in capital 788,528 722,778
Accumulated other comprehensive loss (2,291) (1,021)
Accumulated deficit (40,198) (45,380)
Total stockholders’ equity 746,047 676,385
Total liabilities and stockholders’ equity $ 1,161,480 $ 1,180,025