XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 198,818 $ 412,565
Accounts receivable, net 481,253 409,733
Inventories 403,542 388,131
Prepaid expenses and other current assets 91,616 112,198
Total current assets 1,175,229 1,322,627
NONCURRENT ASSETS:    
Property and equipment, net 133,673 127,367
Operating lease right-of-use asset 96,136 86,528
Intangible assets, net 23,566 16,993
Referral sources, net 304,151 284,017
Goodwill 1,605,855 1,540,246
Other noncurrent assets 44,216 43,965
Total noncurrent assets 2,207,597 2,099,116
TOTAL ASSETS 3,382,826 3,421,743
CURRENT LIABILITIES:    
Accounts payable 590,221 610,779
Accrued compensation and employee benefits 72,852 63,028
Accrued expenses and other current liabilities 80,723 77,783
Current portion of operating lease liability 23,312 22,044
Current portion of long-term debt 6,512 6,512
Total current liabilities 773,620 780,146
NONCURRENT LIABILITIES:    
Long-term debt, net of discount, deferred financing costs and current portion 1,103,701 1,104,641
Operating lease liability, net of current portion 95,176 84,776
Deferred income taxes 49,210 47,576
Other noncurrent liabilities 1,171 366
Total noncurrent liabilities 1,249,258 1,237,359
Total liabilities 2,022,878 2,017,505
STOCKHOLDERS’ EQUITY:    
Preferred stock; $0.0001 par value; 12,500,000 shares authorized, no shares outstanding as of June 30, 2025 and December 31, 2024 0 0
Common stock; $0.0001 par value: 250,000,000 shares authorized, 184,479,253 shares issued and 162,293,554 shares outstanding as of June 30, 2025; 183,846,725 shares issued and 166,261,112 shares outstanding as of December 31, 2024 18 18
Treasury stock; 22,185,699 and 17,585,613 shares outstanding, at cost, as of June 30, 2025 and December 31, 2024, respectively (659,115) (507,598)
Paid-in capital 1,245,479 1,231,435
Retained earnings 766,601 669,336
Accumulated other comprehensive income 6,965 11,047
Total stockholders’ equity 1,359,948 1,404,238
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,382,826 $ 3,421,743