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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 130,881 $ 130,354
Accounts receivable, net of allowances of $26,303 and $28,136, respectively 442,320 278,191
Inventories 397,557 368,687
Income taxes receivable 2,443 32,782
Other receivables 25,315 22,082
Prepaid expenses and other assets 66,687 53,787
Total current assets 1,065,203 885,883
Property and equipment, net of accumulated depreciation of $222,974 and $209,873, respectively 236,874 238,191
Intangible assets, net of accumulated amortization of $190,442 and $184,490, respectively 1,320,658 1,324,680
Goodwill 404,662 404,689
Deferred tax assets, net 920,050 935,054
Restricted cash 3,467 3,557
Right-of-use assets 345,137 338,669
Other assets 47,363 44,027
Total assets 4,343,414 4,174,750
Current liabilities:    
Accounts payable 242,474 266,090
Accrued expenses and other liabilities 259,430 300,959
Income taxes payable 43,764 47,308
Current borrowings 5,550 0
Current operating lease liabilities 88,298 85,772
Total current liabilities 639,516 700,129
Deferred tax liabilities, net 902 882
Long-term income taxes payable 640,521 649,057
Long-term borrowings 1,330,271 1,230,885
Long-term operating lease liabilities 301,325 297,192
Other liabilities 3,489 3,322
Total liabilities 2,916,024 2,881,467
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.001 per share, 250.0 million shares authorized, 110.9 million and 110.7 million issued, 50.4 million and 50.2 million outstanding, respectively 111 111
Treasury stock, at cost, 60.5 million and 60.5 million shares, respectively (3,042,686) (3,040,416)
Additional paid-in capital 907,212 896,605
Retained earnings 3,618,194 3,480,638
Accumulated other comprehensive loss (55,441) (43,655)
Total stockholders’ equity 1,427,390 1,293,283
Total liabilities and stockholders’ equity $ 4,343,414 $ 4,174,750