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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 149,288 $ 191,629
Restricted cash — current 2 2
Accounts receivable, net of allowances of $27,591 and $24,493, respectively 305,747 295,594
Inventories 385,054 471,551
Income taxes receivable 4,413 14,752
Other receivables 21,071 18,842
Prepaid expenses and other assets 45,129 33,605
Total current assets 910,704 1,025,975
Property and equipment, net 238,315 181,529
Intangible assets, net 1,792,562 1,800,167
Goodwill 711,588 714,814
Deferred tax assets, net 667,972 528,278
Restricted cash 3,807 3,254
Right-of-use assets 287,440 239,905
Other assets 31,446 7,875
Total assets 4,643,834 4,501,797
Current liabilities:    
Accounts payable 260,978 230,821
Accrued expenses and other liabilities 285,771 239,424
Income taxes payable 65,952 89,211
Current borrowings 23,328 24,362
Current operating lease liabilities 62,267 57,456
Total current liabilities 698,296 641,274
Deferred tax liabilities, net 12,912 302,030
Long-term income taxes payable 565,171 224,837
Long-term borrowings 1,640,996 2,298,027
Long-term operating lease liabilities 269,769 215,119
Other liabilities 2,767 2,579
Total liabilities 3,189,911 3,683,866
Stockholders’ equity:    
Common stock, par value $0.001 per share, 110.1 million and 109.5 million issued, 60.5 million and 61.7 million shares outstanding, respectively 110 110
Treasury stock, at cost, 49.6 million and 47.7 million shares, respectively (1,888,869) (1,695,501)
Additional paid-in capital 826,685 797,614
Retained earnings 2,611,765 1,819,199
Accumulated other comprehensive loss (95,768) (103,491)
Total stockholders’ equity 1,453,923 817,931
Total liabilities and stockholders’ equity $ 4,643,834 $ 4,501,797