Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 257,342 $ 848,565
Receivables, net of an allowance for credit losses of $21,829 at September 30, 2024, and $23,948 at December 31, 2023 827,776 799,009
Inventories 392,208 364,731
Prepaid expenses and other current assets 43,813 36,939
Total current assets 1,521,139 2,049,244
Right of use assets 189,141 204,629
Property and equipment, net 270,022 264,487
Goodwill 2,092,315 2,042,568
Other intangible assets, net 565,440 591,058
Other assets 12,460 10,865
Total assets 4,650,517 5,162,851
Current liabilities:    
Accounts payable 461,478 469,585
Current portion of long-term debt 45,137 47,039
Accrued liabilities 180,382 187,217
Short-term operating lease liabilities 67,509 65,780
Short-term finance lease liabilities 1,634 1,917
Total current liabilities 756,140 771,538
Long-term debt 1,341,439 1,373,028
Deferred tax liabilities, net 243,176 243,930
Long-term portion of insurance reserves 60,799 58,783
Long-term operating lease liabilities 130,299 146,213
Long-term finance lease liabilities 2,961 4,150
Other liabilities 1,434 1,554
Total liabilities 2,536,248 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; 39,557,215 shares issued and 29,505,185 outstanding at September 30, 2024, and 39,492,037 shares issued and 31,776,039 outstanding at December 31, 2023 396 394
Treasury stock, 10,052,030 shares at September 30, 2024, and 7,715,998 shares at December 31, 2023, at cost (1,633,943) (699,327)
Additional paid-in capital 922,963 906,334
Retained earnings 2,842,983 2,370,919
Accumulated other comprehensive loss (18,130) (14,665)
Total equity 2,114,269 2,563,655
Total liabilities and equity $ 4,650,517 $ 5,162,851