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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net Income (Loss) $ 2,094 $ 28,829
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 16,791 15,252
Amortization of debt discount and issuance costs 3,809 457
Stock-based compensation 8,776 7,254
Deferred income taxes, net (833) (1,124)
Contingent consideration 0 1,235
Other (105) (857)
Changes in operating assets and liabilities, excluding impact of acquisitions:    
Accounts receivable 6,653 (16,832)
Inventories 3,167 (5,845)
Prepaid expenses and other assets (4,571) (2,799)
Operating lease right of use assets (19,465) 3,349
Other assets 320 (434)
Accounts payable (645) (1,194)
Accrued expenses 6,381 (13,326)
Operating lease Liabilities 22,484 (2,870)
Long-term liabilities (148) 59
Total cash provided by operating activities 44,708 11,154
Cash flows from investing activities:    
Additions to capitalized software costs (27) (924)
Purchases of property, plant and equipment (8,346) (8,509)
Other investing activities 11 0
Total cash used in investing activities (8,362) (9,433)
Cash flows from financing activities:    
Proceeds from exercise of stock options 945 29
Payment of tax withholding obligation on vesting of restricted stock (7,622) (9,592)
Payment of earnout consideration (2,160) 0
Other financing activities (137) 0
Total cash used in financing activities (8,974) (9,563)
Effect of exchange rate changes on cash and cash equivalents 1,922 993
Net increase (decrease) in cash and cash equivalents 29,294 (6,849)
Cash, cash equivalents and restricted cash, beginning of period 751,323 523,458
Cash and cash equivalents, end of period 780,617 516,609
Supplemental disclosure of non-cash investing and financing activities:    
Assets acquired under operating leases 23,093 179
Fair value of shares of common stock issued for contingent consideration earnouts $ 541 $ 0