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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 153,970 $ 180,485
Accounts receivable, net of allowances of $33,088 and $31,579, respectively 335,317 257,657
Inventories 397,073 356,254
Income taxes receivable 6,437 4,046
Other receivables 17,232 22,204
Prepaid expenses and other assets 61,162 51,623
Total current assets 971,191 872,269
Property and equipment, net of accumulated depreciation of $196,819 and $153,455, respectively 242,139 244,335
Intangible assets, net 1,330,514 1,777,080
Goodwill 404,688 711,491
Deferred tax assets, net 964,397 872,350
Restricted cash 3,553 3,193
Right-of-use assets 343,100 307,228
Other assets 40,182 24,207
Total assets 4,299,764 4,812,153
Current liabilities:    
Accounts payable 217,269 264,901
Accrued expenses and other liabilities 275,395 298,068
Income taxes payable 114,740 108,688
Current operating lease liabilities 84,331 68,551
Total current liabilities 691,735 740,208
Deferred tax liabilities, net 1,035 4,086
Long-term income taxes payable 617,817 595,434
Long-term borrowings 1,318,498 1,349,339
Long-term operating lease liabilities 303,059 283,406
Other liabilities 4,480 3,948
Total liabilities 2,936,624 2,976,421
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.001 per share, 250.0 million shares authorized, 110.7 million and 110.4 million issued, 52.4 million and 56.5 million outstanding, respectively 111 110
Treasury stock, at cost, 58.3 million and 53.9 million shares, respectively (2,858,413) (2,453,473)
Additional paid-in capital 888,416 859,904
Retained earnings 3,375,473 3,561,836
Accumulated other comprehensive loss (42,447) (132,645)
Total stockholders’ equity 1,363,140 1,835,732
Total liabilities and stockholders’ equity $ 4,299,764 $ 4,812,153