Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 463,221 $ 848,565
Receivables, net of an allowance for credit losses of $22,718 at June 30, 2024, and $23,948 at December 31, 2023 859,725 799,009
Inventories 393,810 364,731
Prepaid expenses and other current assets 43,550 36,939
Total current assets 1,760,306 2,049,244
Right of use assets 191,048 204,629
Property and equipment, net 267,523 264,487
Goodwill 2,090,788 2,042,568
Other intangible assets, net 583,141 591,058
Other assets 10,187 10,865
Total assets 4,902,993 5,162,851
Current liabilities:    
Accounts payable 461,139 469,585
Current portion of long-term debt 45,665 47,039
Accrued liabilities 176,753 187,217
Short-term operating lease liabilities 66,953 65,780
Short-term finance lease liabilities 1,739 1,917
Total current liabilities 752,249 771,538
Long-term debt 1,351,969 1,373,028
Deferred tax liabilities, net 243,790 243,930
Long-term portion of insurance reserves 60,402 58,783
Long-term operating lease liabilities 132,529 146,213
Long-term finance lease liabilities 3,318 4,150
Other liabilities 1,422 1,554
Total liabilities 2,545,679 2,599,196
Commitments and contingencies
Equity:    
Preferred stock, $0.01 par value: 10,000,000 shares authorized; 0 shares issued and outstanding
Common stock, $0.01 par value: 250,000,000 shares authorized; 39,561,321 shares issued and 30,584,176 outstanding at June 30, 2024, and 39,492,037 shares issued and 31,776,039 outstanding at December 31, 2023 396 394
Treasury stock, 8,977,145 shares at June 30, 2024, and 7,715,998 shares at December 31, 2023, at cost (1,215,829) (699,327)
Additional paid-in capital 919,317 906,334
Retained earnings 2,674,023 2,370,919
Accumulated other comprehensive loss (20,593) (14,665)
Total equity 2,357,314 2,563,655
Total liabilities and equity $ 4,902,993 $ 5,162,851