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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 167,734 $ 149,288
Restricted cash - current 2 2
Accounts receivable, net of allowances of $34,899 and $27,591, respectively 420,199 305,747
Inventories 376,599 385,054
Income taxes receivable 2,502 4,413
Other receivables 20,282 21,071
Prepaid expenses and other assets 39,586 45,129
Total current assets 1,026,904 910,704
Property and equipment, net of accumulated depreciation of $133,215 and $120,510, respectively 244,067 238,315
Intangible assets, net of accumulated amortization of $150,026 and $138,611, respectively 1,785,303 1,792,562
Goodwill 711,542 711,588
Deferred tax assets, net 640,587 667,972
Restricted cash 3,292 3,807
Right-of-use assets 292,089 287,440
Other assets 16,014 31,446
Total assets 4,719,798 4,643,834
Current liabilities:    
Accounts payable 244,853 260,978
Accrued expenses and other liabilities 285,095 285,771
Income taxes payable 92,550 65,952
Current borrowings 0 23,328
Current operating lease liabilities 63,918 62,267
Total current liabilities 686,416 698,296
Deferred tax liabilities, net 12,841 12,912
Long-term income taxes payable 557,581 565,171
Long-term borrowings 1,529,566 1,640,996
Long-term operating lease liabilities 277,112 269,769
Other liabilities 3,071 2,767
Total liabilities 3,066,587 3,189,911
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.001 per share, 250.0 million shares authorized, 110.3 million and 110.1 million issued, 59.6 million and 60.5 million outstanding, respectively 110 110
Treasury stock, at cost, 50.8 million and 49.6 million shares, respectively (2,071,289) (1,888,869)
Additional paid-in capital 844,595 826,685
Retained earnings 2,993,126 2,611,765
Accumulated other comprehensive loss (113,331) (95,768)
Total stockholders’ equity 1,653,211 1,453,923
Total liabilities and stockholders’ equity $ 4,719,798 $ 4,643,834