Alkermes plc
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
ALKS$46.17+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
December 31, 2023 and 2022
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| (In thousands, except share and per share amounts) | ||
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $457,469 | $292,473 |
| Receivables, net | 332,477 | 287,967 |
| Investments—short-term | 316,022 | 315,992 |
| Inventory | 186,406 | 181,418 |
| Contract assets | 706 | 8,929 |
| Prepaid expenses and other current assets | 98,166 | 41,203 |
| Assets related to discontinued operations | — | 2,324 |
| Assets held for sale | 94,260 | — |
| Total current assets | 1,485,506 | 1,130,306 |
| PROPERTY, PLANT AND EQUIPMENT, NET | 226,943 | 222,919 |
| INVESTMENTS—LONG-TERM | 39,887 | 131,610 |
| RIGHT-OF-USE ASSETS | 91,460 | 97,539 |
| ASSETS RELATED TO DISCONTINUED OPERATIONS—LONG-TERM | — | 37,763 |
| ASSETS HELD FOR SALE—LONG-TERM | — | 93,871 |
| INTANGIBLE ASSETS, NET | 1,991 | 37,680 |
| GOODWILL | 83,027 | 83,027 |
| DEFERRED TAX ASSETS | 195,888 | 114,572 |
| OTHER ASSETS | 11,521 | 14,691 |
| TOTAL ASSETS | $2,136,223 | $1,963,978 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable and accrued expenses | $240,561 | $220,089 |
| Accrued sales discounts, allowances and reserves | 263,641 | 252,115 |
| Operating lease liabilities—short-term | 5,746 | 9,878 |
| Contract liabilities—short-term | 2,730 | 6,816 |
| Current portion of long-term debt | 3,000 | 3,000 |
| Liabilities related to discontinued operations | 4,542 | 5,844 |
| Total current liabilities | 520,220 | 497,742 |
| LONG-TERM DEBT | 287,730 | 290,270 |
| OPERATING LEASE LIABILITIES—LONG-TERM | 75,709 | 76,287 |
| LIABILITIES RELATED TO DISCONTINUED OPERATIONS—LONG-TERM | — | 13,542 |
| OTHER LONG-TERM LIABILITIES | 49,878 | 42,384 |
| Total liabilities | 933,537 | 920,225 |
| COMMITMENTS AND CONTINGENT LIABILITIES (Note 19) | ||
| SHAREHOLDERS’ EQUITY: | ||
| Preferred shares, par value, $0.01 per share; 50,000,000 shares authorized; zero issued and outstanding at December 31, 2023 and 2022, respectively | — | — |
| Ordinary shares, par value, $0.01 per share; 450,000,000 shares authorized; 172,569,051 and 168,951,193 shares issued; 166,979,833 and 164,377,009 shares outstanding at December 31, 2023 and 2022, respectively | 1,726 | 1,690 |
| Treasury shares, at cost (5,589,218 and 4,574,184 shares at December 31, 2023 and 2022, respectively) | (189,336) | (160,862) |
| Additional paid-in capital | 2,736,934 | 2,913,099 |
| Accumulated other comprehensive loss | (3,110) | (10,889) |
| Accumulated deficit | (1,343,528) | (1,699,285) |
| Total shareholders’ equity | 1,202,686 | 1,043,753 |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $2,136,223 | $1,963,978 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.