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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 165,496 $ 150,723
Accounts receivable, net of allowances 325,741 298,440
Inventories 331,969 309,279
Contract assets 32,125 32,348
Income taxes receivable 7,504 0
Prepaid expenses and other current assets 66,818 56,249
Total current assets 929,653 847,039
Property and equipment, net of accumulated depreciation 345,466 294,327
Operating lease right-of-use assets 139,907 0
Customer relationship intangible assets, net of accumulated amortization 185,049 158,563
Other intangible assets, net of accumulated amortization 580 325
Goodwill 297,146 262,997
Other long-term assets 8,300 12,860
Total assets 1,906,101 1,576,111
Current liabilities    
Accounts payable 189,644 123,495
Accrued expenses and other liabilities 117,825 110,276
Contract liabilities 31,094 34,888
Income taxes payable 0 902
Interest payable 4,759 4,759
Current portion of long-term debt and finance lease obligations 5,577 6,661
Current portion of operating lease liabilities 26,147 0
Current portion of insurance reserves 16,328 15,198
Total current liabilities 391,374 296,179
Insurance reserves 43,536 41,270
Long-term debt 346,032 345,197
Finance Lease, Liability, Noncurrent 6,959 8,845
Long-term portion of finance lease obligations   8,845
Long-term portion of operating lease liabilities 120,832 0
Deferred income taxes 15,195 3,034
Other long-term liabilities 661 6,927
Total liabilities 924,589 701,452
Commitments and contingencies (Note 14)
Stockholders’ equity    
Preferred stock, $0.01 par value, 50.0 million shares authorized, no shares issued and outstanding at December 31, 2019 and December 31, 2018 0 0
Common stock, $0.01 par value, 300.0 million shares authorized, 68.3 million and 67.7 million shares issued, and 66.8 million and 67.2 million outstanding at December 31, 2019 and December 31, 2018, respectively 683 677
Additional paid-in capital 687,255 672,095
Retained earnings 320,190 210,345
Treasury stock, at cost, 1.5 million and 0.5 million shares at December 31, 2019 and December 31, 2018, respectively (26,616) (8,458)
Total stockholders’ equity 981,512 874,659
Total liabilities and stockholders’ equity $ 1,906,101 $ 1,576,111