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CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 17,161	$ 46,543
Accounts receivable, net of provision for credit losses of $0.6 million and $0.3 million, respectively	346,079	245,269
Inventories	253,739	247,126
Contract assets	112,546	103,772
Prepaid expenses and other current assets	40,572	28,409
Total current assets	770,097	671,119
Property, plant and equipment, net	536,427	465,798
Goodwill	1,110,908	1,017,729
Other intangible assets, net	825,435	778,286
Deferred income taxes	8,994	8,309
Operating lease assets	98,437	86,082
Financing lease assets	37,109	27,689
Other long-term assets	23,170	22,959
Total assets	3,410,577	3,077,971
Current liabilities:
Current portion of long-term debt	0	10,000
Accounts payable	113,130	101,498
Operating lease liabilities	9,099	7,352
Accrued expenses and other current liabilities	109,812	108,323
Total current liabilities	232,041	227,173
Long-term debt	1,185,179	980,153
Deferred income taxes	116,327	124,608
Operating lease liabilities	81,899	77,702
Financing lease liabilities	28,578	23,760
Other long-term liabilities	19,910	25,360
Total liabilities	1,663,934	1,458,756
Commitments and contingencies (Note 14)
Stockholders’ equity:
Preferred stock, $0.001 par value, authorized 100,000,000 shares; no shares issued or outstanding	0	0
Common stock, $0.001 par value; 100,000,000 shares authorized; 35,481,805 and 33,546,262 shares issued, respectively, and 34,346,450 and 33,546,256 outstanding, respectively	35	34
Additional paid-in capital	771,223	741,977
Treasury stock, at cost, 1,135,355 shares and 6 shares, respectively	(76,872)	0
Retained earnings	994,055	891,247
Accumulated other comprehensive income (loss)	58,202	(14,043)
Total stockholders’ equity	1,746,643	1,619,215
Total liabilities and stockholders’ equity	$ 3,410,577	$ 3,077,971

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Integer Holdings Corp 10-K