Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 38,317 $ 110,920
Accounts receivable, net 83,793 74,758
Inventories, net 48,263 44,362
Derivative assets 16,374 18,510
Prepaid and other current assets 17,570 19,154
Total current assets 204,317 267,704
Investments in affiliated companies 441,769 436,013
Property, plant and equipment, net 580,809 584,889
Goodwill 403,368 403,163
Other intangible assets, net 119,522 129,932
Right-of-use lease assets 26,431 28,265
Other long-term assets 36,609 34,587
Total assets 1,812,825 1,884,553
LIABILITIES    
Current maturities of long-term debt 9,000 9,000
Accounts payable 32,308 40,019
Operating lease liabilities—current 8,503 8,155
Accrued liabilities 50,611 72,229
Total current liabilities 100,422 129,403
Long-term debt, excluding current portion 860,668 865,870
Deferred income taxes 134,828 136,184
Operating lease liabilities—noncurrent 17,871 20,021
Other long-term liabilities 21,180 25,846
Total liabilities 1,134,969 1,177,324
Commitments and contingencies (Note 15)
EQUITY    
Common stock ($0.01 par); authorized shares 450,000,000; issued shares 140,744,045 and 139,571,272 on September 30, 2023 and December 31, 2022, respectively; outstanding shares 116,116,895 and 122,186,238 on September 30, 2023 and December 31, 2022, respectively 1,407 1,396
Preferred stock ($0.01 par); authorized shares 50,000,000; no shares issued or outstanding on September 30, 2023 and December 31, 2022 0 0
Additional paid-in capital 1,099,216 1,091,475
Accumulated deficit (200,785) (242,010)
Treasury stock, at cost; shares 24,627,150 and 17,385,034 on September 30, 2023 and December 31, 2022, respectively (226,710) (149,624)
Accumulated other comprehensive income 4,728 5,992
Total equity 677,856 707,229
Total liabilities and equity $ 1,812,825 $ 1,884,553