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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 376,872 $ 343,849
Accounts receivable, net 468,300 377,658
Inventories 281,421 274,004
Prepaid expenses and other current assets 100,820 98,744
Total current assets 1,227,413 1,094,255
NONCURRENT ASSETS:    
Property and equipment, net 123,931 120,630
Operating lease right-of-use asset 92,714 84,159
Intangible assets, net 18,542 20,092
Referral sources, net 299,660 315,304
Goodwill 1,540,246 1,540,246
Other noncurrent assets 46,086 42,349
Total noncurrent assets 2,121,179 2,122,780
TOTAL ASSETS 3,348,592 3,217,035
CURRENT LIABILITIES:    
Accounts payable 535,688 426,513
Accrued compensation and employee benefits 62,302 92,508
Accrued expenses and other current liabilities 68,959 75,010
Current portion of operating lease liability 21,946 18,278
Current portion of long-term debt 6,512 6,000
Total current liabilities 695,407 618,309
NONCURRENT LIABILITIES:    
Long-term debt, net of discount, deferred financing costs and current portion 1,105,575 1,056,650
Operating lease liability, net of current portion 91,434 85,484
Deferred income taxes 44,558 34,920
Other noncurrent liabilities 187 0
Total noncurrent liabilities 1,241,754 1,177,054
Total liabilities 1,937,161 1,795,363
STOCKHOLDERS’ EQUITY:    
Preferred stock; $0.0000 par value; 12,500,000 shares authorized, no shares outstanding as of June 30, 2024 and December 31, 2023 0 0
Common stock; $0.0001 par value: 250,000,000 shares authorized, 183,658,411 shares issued and 171,410,880 shares outstanding as of June 30, 2024; 182,905,559 shares issued and 174,575,537 shares outstanding as of December 31, 2023 18 18
Treasury stock; 12,247,531 and 8,330,022 shares outstanding, at cost, as of June 30, 2024 and December 31, 2023, respectively (374,164) (255,107)
Paid-in capital 1,214,600 1,204,270
Retained earnings 555,347 457,513
Accumulated other comprehensive income 15,630 14,978
Total stockholders’ equity 1,411,431 1,421,672
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,348,592 $ 3,217,035