Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 526,327 $ 240,069
Receivables, net of an allowance for credit losses of $16,778 at June 30, 2023, and $16,281 at December 31, 2022 857,664 836,071
Inventories, net 385,049 438,644
Prepaid expenses and other current assets 25,556 34,257
Total current assets 1,794,596 1,549,041
Right of use assets 204,044 205,892
Property and equipment, net 258,746 253,484
Goodwill 1,991,949 1,966,994
Other intangible assets, net 595,706 614,967
Other assets 12,905 16,453
Total assets 4,857,946 4,606,831
Current liabilities:    
Accounts payable 468,602 487,114
Current portion of long-term debt 45,142 40,068
Accrued liabilities 180,594 199,370
Short-term operating lease liabilities 61,825 60,880
Short-term finance lease liabilities 2,180 2,207
Total current liabilities 758,343 789,639
Long-term debt 1,394,794 1,417,257
Deferred tax liabilities, net 254,777 251,481
Long-term portion of insurance reserves 57,217 59,783
Long-term operating lease liabilities 148,709 149,943
Long-term finance lease liabilities 4,519 6,673
Other liabilities 1,541 2,349
Total liabilities 2,619,900 2,677,125
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; 39,473,298 shares issued and 31,757,620 outstanding at June 30, 2023, and 39,325,916 shares issued and 31,642,832 outstanding at December 31, 2022 395 393
Treasury stock, 7,715,678 shares at June 30, 2022, and 7,683,084 shares at December 31, 2022, at cost (699,149) (692,799)
Additional paid-in capital 895,749 887,367
Retained earnings 2,056,935 1,756,665
Accumulated other comprehensive loss (15,884) (21,920)
Total equity 2,238,046 1,929,706
Total liabilities and equity $ 4,857,946 $ 4,606,831