XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 171,372 $ 412,565
Accounts receivable, net 476,649 409,733
Inventories 369,034 388,131
Prepaid expenses and other current assets 82,320 112,198
Total current assets 1,099,375 1,322,627
NONCURRENT ASSETS:    
Property and equipment, net 131,264 127,367
Operating lease right-of-use asset 90,950 86,528
Intangible assets, net 24,427 16,993
Referral sources, net 312,586 284,017
Goodwill (2) 1,605,930 1,540,246
Other noncurrent assets 43,981 43,965
Total noncurrent assets 2,209,138 2,099,116
TOTAL ASSETS 3,308,513 3,421,743
CURRENT LIABILITIES:    
Accounts payable 528,848 610,779
Accrued compensation and employee benefits 49,664 63,028
Accrued expenses and other current liabilities 106,177 77,783
Current portion of operating lease liability 22,463 22,044
Current portion of long-term debt 6,512 6,512
Total current liabilities 713,664 780,146
NONCURRENT LIABILITIES:    
Long-term debt, net of discount, deferred financing costs and current portion 1,104,160 1,104,641
Operating lease liability, net of current portion 89,825 84,776
Deferred income taxes 48,946 47,576
Other noncurrent liabilities 1,084 366
Total noncurrent liabilities 1,244,015 1,237,359
Total liabilities 1,957,679 2,017,505
STOCKHOLDERS’ EQUITY:    
Preferred stock; $0.0001 par value; 12,500,000 shares authorized, no shares outstanding as of March 31, 2025 and December 31, 2024 0 0
Common stock; $0.0001 par value: 250,000,000 shares authorized, 184,376,321 shares issued and 163,744,493 shares outstanding as of March 31, 2025; 183,846,725 shares issued and 166,261,112 shares outstanding as of December 31, 2024 18 18
Treasury stock; 20,631,828 and 17,585,613 shares outstanding, at cost, as of March 31, 2025 and December 31, 2024, respectively (608,711) (507,598)
Paid-in capital 1,234,800 1,231,435
Retained earnings 716,078 669,336
Accumulated other comprehensive income 8,649 11,047
Total stockholders’ equity 1,350,834 1,404,238
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,308,513 $ 3,421,743