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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 294,572 $ 447,858
Receivables, net of allowance for credit loss of $32,472 and $32,838 2,092,613 1,974,381
Contract assets, net of allowance for credit loss 123,558 132,874
Prepaid expenses and other 95,896 85,005
Total current assets 2,606,639 2,640,118
Property and equipment, net 211,799 208,423
Goodwill 1,450,999 1,291,760
Other intangible assets, net 132,013 90,931
Right-of-use lease assets 345,908 310,860
Deferred tax assets 14,605 13,485
Other assets 86,357 85,483
Total assets 4,848,320 4,641,060
Current liabilities:    
Accounts payable 1,098,905 984,604
Outstanding checks 51,649 78,231
Accrued expenses:    
Compensation 88,528 112,784
Transportation expense 93,900 101,194
Income taxes 14,473 12,354
Other accrued liabilities 65,930 62,706
Current lease liabilities 70,423 61,280
Current portion of debt 320,917 142,885
Total current liabilities 1,804,725 1,556,038
Long-term debt 1,092,660 1,092,448
Noncurrent lease liabilities 286,210 259,444
Noncurrent income taxes payable 21,576 22,354
Deferred tax liabilities 55,766 39,776
Other long-term liabilities 265 270
Total liabilities 3,261,202 2,970,330
Stockholders’ investment:    
Preferred stock, $0.10 par value, 20,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.10 par value, 480,000 shares authorized; 179,700 and 179,380 shares issued, 134,586 and 134,895 outstanding 13,459 13,490
Additional paid-in capital 533,819 546,646
Retained earnings 4,153,109 4,144,834
Accumulated other comprehensive loss (108,344) (76,149)
Treasury stock at cost (45,114 and 44,485 shares) (3,004,925) (2,958,091)
Total stockholders’ investment 1,587,118 1,670,730
Total liabilities and stockholders’ investment $ 4,848,320 $ 4,641,060