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Prepayments
3 Months Ended
Mar. 31, 2024
Prepayments [Abstract]  
Prepayments

I. PREPAYMENTS

Prepayments consist of the following:

 

 

 

March 31,
2024

 

 

December 31,
2023

 

 

 

(in thousands)

 

Contract manufacturer and supplier prepayments

 

$

491,512

 

 

$

502,257

 

Prepaid maintenance and other services

 

 

21,894

 

 

 

17,592

 

Prepaid taxes

 

 

14,335

 

 

 

16,083

 

Other prepayments

 

 

9,901

 

 

 

13,038

 

Total prepayments (1)

 

$

537,642

 

 

$

548,970

 

 

(1)
Excludes $3.2 million and $5.3 million at March 31, 2024 and December 31, 2023, respectively, of contract manufacturer and supplier prepayments, classified as assets held for sale. See Note E: “Assets held for sale” for additional information.