Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 103,136 $ 88,365
Accounts receivable, net 78,432 81,314
Inventories, net 52,503 45,115
Derivative assets 13,490 13,419
Prepaid and other current assets 20,968 17,774
Total current assets 268,529 245,987
Investments in affiliated companies 413,171 440,198
Property, plant and equipment, net 572,307 576,904
Goodwill 404,252 404,470
Other intangible assets, net 112,928 116,550
Right-of-use lease assets 25,813 24,281
Other long-term assets 33,813 29,361
Total assets 1,830,813 1,837,751
LIABILITIES    
Current maturities of long-term debt 9,000 9,000
Accounts payable 33,544 40,195
Operating lease liabilities—current 8,207 8,193
Accrued liabilities 56,756 61,693
Total current liabilities 107,507 119,081
Long-term debt, excluding current portion 857,220 858,946
Deferred income taxes 117,234 115,791
Operating lease liabilities—noncurrent 17,446 16,030
Other long-term liabilities 20,050 22,439
Total liabilities 1,119,457 1,132,287
Commitments and contingencies (Note 15)
EQUITY    
Common stock ($0.01 par); authorized shares 450,000,000; issued shares 140,872,846 and 140,744,045 on March 31, 2024 and December 31, 2023, respectively; outstanding shares 117,001,446 and 116,116,895 on March 31, 2024 and December 31, 2023, respectively 1,409 1,407
Preferred stock ($0.01 par); authorized shares 50,000,000; no shares issued or outstanding on March 31, 2024 and December 31, 2023 0 0
Additional paid-in capital 1,096,965 1,102,581
Accumulated deficit (169,635) (170,856)
Treasury stock, at cost; shares 23,871,400 and 24,627,150 on March 31, 2024 and December 31, 2023, respectively (218,599) (226,710)
Accumulated other comprehensive income (loss) 1,216 (958)
Total equity 711,356 705,464
Total liabilities and equity $ 1,830,813 $ 1,837,751