v3.24.2.u1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 92,856 $ 91,985
Short-term investments 437,667 422,137
Accounts receivable 124,386 139,850
Inventory 171,843 175,795
Other current assets 132,729 87,365
Total current assets 959,481 917,132
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $153,713 and $143,908 185,474 175,150
ACQUIRED TECHNOLOGY, net of accumulated amortization of $195,235 and $186,850 81,940 90,325
OTHER INTANGIBLE ASSETS, net of accumulated amortization of $11,125 and $10,414 6,163 6,874
GOODWILL 15,535 15,535
INVESTMENTS 362,459 299,548
DEFERRED INCOME TAXES 66,664 59,108
OTHER ASSETS 98,845 105,289
TOTAL ASSETS 1,776,561 1,668,961
CURRENT LIABILITIES:    
Accounts payable 23,636 10,933
Accrued expenses 58,624 52,080
Deferred revenue 63,784 47,713
Other current liabilities 5,955 8,096
Total current liabilities 151,999 118,822
DEFERRED REVENUE 6,732 12,006
RETIREMENT PLAN BENEFIT LIABILITY 53,870 52,249
OTHER LIABILITIES 37,122 38,658
Total liabilities 249,723 221,735
COMMITMENTS AND CONTINGENCIES (Note 18)
SHAREHOLDERS' EQUITY:    
Preferred Stock, par value $0.01 per share, 5,000,000 shares authorized, 200,000 shares of Series A Nonconvertible Preferred Stock issued and outstanding (liquidation value of $7.50 per share or $1,500) 2 2
Common Stock, par value $0.01 per share, 200,000,000 shares authorized, 48,814,273 and 48,731,026 shares issued, and 47,448,316 and 47,365,378 shares outstanding, atJune 30, 2024 and December 31, 2023, respectively 488 487
Additional paid-in capital 712,234 699,554
Retained earnings 860,058 789,553
Accumulated other comprehensive loss (4,660) (1,086)
Treasury stock, at cost (1,365,648 shares at June 30, 2024 and December 31, 2023) (41,284) (41,284)
Total shareholders’ equity 1,526,838 1,447,226
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,776,561 $ 1,668,961