Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 127,478 $ 146,013
Accounts receivable, net 76,940 77,937
Inventories, net 58,788 57,126
Derivative assets 5,109 6,532
Prepaid and other current assets 23,648 16,106
Total current assets 291,963 303,714
Investments in affiliated companies 350,511 349,308
Property, plant and equipment, net 571,051 569,275
Goodwill 404,910 404,102
Other intangible assets, net 95,243 98,413
Right-of-use lease assets 33,570 33,558
Other long-term assets 39,674 43,951
Total assets 1,786,922 1,802,321
LIABILITIES    
Current maturities of long-term debt 8,730 8,730
Accounts payable 34,527 43,928
Operating lease liabilities—current 8,753 9,267
Accrued liabilities 52,023 53,201
Total current liabilities 104,033 115,126
Long-term debt, excluding current portion 850,261 852,099
Deferred income taxes 104,743 105,395
Operating lease liabilities—noncurrent 24,689 24,189
Other long-term liabilities 4,512 5,052
Total liabilities 1,088,238 1,101,861
Commitments and contingencies (Note 14)
EQUITY    
Common stock ($0.01 par); authorized shares 450,000,000; issued shares 140,872,846 and 140,872,846 on March 31, 2025 and December 31, 2024, respectively; outstanding shares 117,385,510 and 116,534,803 on March 31, 2025 and December 31, 2024, respectively 1,409 1,409
Preferred stock ($0.01 par); authorized shares 50,000,000; no shares issued or outstanding on March 31, 2025 and December 31, 2024 0 0
Additional paid-in capital 1,100,345 1,106,792
Accumulated deficit (181,105) (177,508)
Treasury stock, at cost; shares 23,487,336 and 24,338,043 on March 31, 2025 and December 31, 2024, respectively (214,784) (222,826)
Accumulated other comprehensive loss (7,181) (7,407)
Total equity 698,684 700,460
Total liabilities and equity $ 1,786,922 $ 1,802,321