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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 67,056 $ 36,391
Accounts receivable, net 324,416 310,169
Inventories 115,876 83,340
Prepaid expenses and other current assets 51,306 37,525
Total current assets 558,654 467,425
NONCURRENT ASSETS:    
Property and equipment, net 133,198 93,142
Operating lease right-of-use asset 63,502 0
Intangible assets, net 385,910 219,713
Goodwill 1,425,542 632,469
Other noncurrent assets 22,741 15,462
Total noncurrent assets 2,030,893 960,786
TOTAL ASSETS 2,589,547 1,428,211
CURRENT LIABILITIES:    
Accounts payable 221,060 187,886
Accrued compensation and employee benefits 45,765 24,895
Accrued expenses and other current liabilities 33,538 23,066
Current portion of operating lease liability 20,391 0
Current portion of long-term debt 9,250 4,150
Total current liabilities 330,004 239,997
NONCURRENT LIABILITIES:    
Long-term debt, net of discount, deferred financing costs and current portion 1,277,246 535,225
Operating lease liability, net of current portion 58,242 0
Deferred income taxes 2,143 33,481
Other noncurrent liabilities 15,085 16,683
Total noncurrent liabilities 1,352,716 585,389
Total liabilities 1,682,720 825,386
STOCKHOLDERS’ EQUITY:    
Preferred stock; $0.0001 par value; 12,500,000 shares authorized, no shares outstanding as of December 31, 2019. No preferred stock authorized or outstanding as of December 31, 2018. 0 0
Common stock; $0.0001 par value: 250,000,000 shares authorized, 176,975,628 shares issued and 176,591,907 shares outstanding as of December 31, 2019; 142,613,749 shares issued and outstanding as of December 31, 2018. 18 14
Treasury stock; 383,722 shares outstanding, at cost, as of December 31, 2019; no shares outstanding as of December 31, 2018 (2,403) 0
Paid-in capital 1,008,362 619,621
Management notes receivable 0 (1,619)
Accumulated deficit (91,955) (16,035)
Accumulated other comprehensive (loss) income (7,195) 844
Total stockholders’ equity 906,827 602,825
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,589,547 $ 1,428,211