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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 441,166 $ 294,186
Accounts receivable, net 396,501 377,542
Inventories 262,924 224,281
Prepaid expenses and other current assets 97,629 98,330
Total current assets 1,198,220 994,339
NONCURRENT ASSETS:    
Property and equipment, net 106,777 108,321
Operating lease right-of-use asset 79,781 72,424
Intangible assets, net 21,645 22,371
Referral sources, net 330,948 341,744
Goodwill 1,540,567 1,533,424
Other noncurrent assets 42,960 40,313
Total noncurrent assets 2,122,678 2,118,597
TOTAL ASSETS 3,320,898 3,112,936
CURRENT LIABILITIES:    
Accounts payable 467,666 378,763
Accrued compensation and employee benefits 73,013 76,906
Accrued expenses and other current liabilities 103,038 84,302
Current portion of operating lease liability 18,750 19,380
Current portion of long-term debt 6,000 6,000
Total current liabilities 668,467 565,351
NONCURRENT LIABILITIES:    
Long-term debt, net of discount, deferred financing costs and current portion 1,057,391 1,058,204
Operating lease liability, net of current portion 81,137 71,441
Deferred income taxes 35,431 22,154
Other noncurrent liabilities 3,089 9,683
Total noncurrent liabilities 1,177,048 1,161,482
Total liabilities 1,845,515 1,726,833
STOCKHOLDERS’ EQUITY:    
Preferred stock; $0.0001 par value; 12,500,000 shares authorized, no shares outstanding as of June 30, 2023 and December 31, 2022 0 0
Common stock; $0.0001 par value: 250,000,000 shares authorized, 182,729,537 shares issued and 179,870,650 shares outstanding as of June 30, 2023; 182,341,420 shares issued and 181,957,698 shares outstanding as of December 31, 2022 18 18
Treasury stock; 2,858,887 and 383,722 shares outstanding, at cost, as of June 30, 2023 and December 31, 2022, respectively (78,106) (2,403)
Paid-in capital 1,188,430 1,176,906
Retained earnings 344,034 190,423
Accumulated other comprehensive income 21,007 21,159
Total stockholders’ equity 1,475,383 1,386,103
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,320,898 $ 3,112,936