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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 339,759 $ 229,627
Accounts receivable (less allowance for credit losses of $10,919 and $9,549 at September 30, 2023 and December 31, 2022, respectively) 427,093 397,222
Inventories 159,675 176,629
Prepaid expenses and other current assets 73,292 80,933
Total current assets 999,819 884,411
Non-current assets    
Property and equipment, net 134,031 118,774
Operating lease right-of-use assets 77,808 76,174
Goodwill 395,213 373,555
Intangibles, net 271,309 283,473
Other non-current assets 42,780 42,545
Total assets 1,920,960 1,778,932
Current liabilities    
Current maturities of long-term debt 31,803 30,983
Current maturities of operating lease obligations 27,769 26,145
Current maturities of finance lease obligations 2,694 2,508
Accounts payable 143,556 149,186
Accrued compensation 61,151 51,608
Other current liabilities 57,703 67,631
Total current liabilities 324,676 328,061
Long-term debt 833,458 830,171
Operating lease obligations 50,085 49,789
Finance lease obligations 6,909 6,397
Deferred income taxes 29,836 28,458
Other long-term liabilities 47,814 42,557
Total liabilities 1,292,778 1,285,433
Commitments and contingencies
Stockholders’ equity    
Preferred Stock; $0.01 par value: 5,000,000 authorized and 0 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 0 0
Common stock; $0.01 par value: 100,000,000 authorized, 33,582,449 and 33,429,557 issued and 28,409,655 and 28,306,482 shares outstanding at September 30, 2023 and December 31, 2022, respectively 336 334
Additional paid in capital 239,546 228,827
Retained earnings 638,309 513,095
Treasury stock; at cost: 5,172,794 and 5,123,075 shares at September 30, 2023 and December 31, 2022, respectively (295,144) (289,317)
Accumulated Other Comprehensive Income (Loss), Net of Tax 45,135 40,560
Total stockholders’ equity 628,182 493,499
Total liabilities and stockholders’ equity 1,920,960 1,778,932
Customer relationships    
Non-current assets    
Intangibles, net 181,672 192,328
Other intangibles, net    
Non-current assets    
Intangibles, net $ 89,637 $ 91,145