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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 483,026 $ 343,849
Accounts receivable, net 428,951 377,658
Inventories 310,599 274,004
Prepaid expenses and other current assets 98,798 98,744
Total current assets 1,321,374 1,094,255
NONCURRENT ASSETS:    
Property and equipment, net 125,911 120,630
Operating lease right-of-use asset 89,210 84,159
Intangible assets, net 17,768 20,092
Referral sources, net 291,839 315,304
Goodwill 1,540,246 1,540,246
Other noncurrent assets 41,379 42,349
Total noncurrent assets 2,106,353 2,122,780
TOTAL ASSETS 3,427,727 3,217,035
CURRENT LIABILITIES:    
Accounts payable 591,971 426,513
Accrued compensation and employee benefits 60,835 92,508
Accrued expenses and other current liabilities 81,893 75,010
Current portion of operating lease liability 22,013 18,278
Current portion of long-term debt 6,512 6,000
Total current liabilities 763,224 618,309
NONCURRENT LIABILITIES:    
Long-term debt, net of discount, deferred financing costs and current portion 1,105,106 1,056,650
Operating lease liability, net of current portion 87,879 85,484
Deferred income taxes 45,008 34,920
Other noncurrent liabilities 279 0
Total noncurrent liabilities 1,238,272 1,177,054
Total liabilities 2,001,496 1,795,363
STOCKHOLDERS’ EQUITY:    
Preferred stock; $0.0001 par value; 12,500,000 shares authorized, no shares outstanding as of September 30, 2024 and December 31, 2023 0 0
Common stock; $0.0001 par value: 250,000,000 shares authorized, 183,793,536 shares issued and 170,146,331 shares outstanding as of September 30, 2024; 182,905,559 shares issued and 174,575,537 shares outstanding as of December 31, 2023 18 18
Treasury stock; 13,647,205 and 8,330,022 shares outstanding, at cost, as of September 30, 2024 and December 31, 2023, respectively (416,552) (255,107)
Paid-in capital 1,224,059 1,204,270
Retained earnings 609,203 457,513
Accumulated other comprehensive income 9,503 14,978
Total stockholders’ equity 1,426,231 1,421,672
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,427,727 $ 3,217,035