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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 176,878 $ 134,641
Accounts and notes receivable, net of allowance for doubtful accounts of $7,708 as of December 31, 2023 and $8,019 as of December 31, 2022 101,387 145,574
Inventories 330,146 447,741
Prepaid expenses and other current assets 66,382 87,272
Total current assets 674,793 815,228
Property, plant and equipment 920,444 869,168
Less: accumulated depreciation 398,330 350,022
Net property, plant and equipment [1] 522,114 519,146
Deferred income taxes 31,542 11,960
Goodwill 0 171,117
Other assets 60,440 86,727
Total assets 1,288,889 1,604,178
Current liabilities:    
Accounts payable 83,268 103,156
Long-term debt, current maturities 134 124
Accrued income and other taxes 10,022 40,592
Other accrued liabilities 91,702 89,349
Related party payable - Tax Receivable Agreement 5,417 4,631
Total current liabilities 190,543 237,852
Long-term debt 925,511 921,803
Other long-term obligations 55,645 50,822
Deferred income taxes 33,206 45,065
Related party payable - Tax Receivable Agreement long-term 5,737 10,921
Commitments and contingencies – Note 12
Stockholders’ equity:    
Preferred stock, par value $0.01, 300,000,000 shares authorized, none issued 0 0
Common stock, par value $0.01, 3,000,000,000 shares authorized, 256,831,870 and 256,597,342 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 2,568 2,566
Additional paid-in capital 749,527 745,164
Accumulated other comprehensive loss (11,458) (8,070)
Accumulated deficit (662,390) (401,945)
Total stockholders’ equity 78,247 337,715
Total liabilities and stockholders’ equity $ 1,288,889 $ 1,604,178
[1] Long-lived assets represent fixed assets, net of accumulated depreciation.