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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 64,498 $ 27,329
Marketable securities, at fair value 90,497 90,711
Accounts and notes receivable, less allowance for doubtful accounts of $87,453 and $45,726 as of March 31, 2020 and December 31, 2019, respectively 303,804 340,930
Inventories and supplies 36,938 36,517
Prepaid expenses and other assets 24,819 20,245
Total current assets 520,556 515,732
Property and equipment, net 29,010 28,820
Goodwill 51,084 51,084
Other intangible assets, less accumulated amortization of $20,342 and $19,300 as of March 31, 2020 and December 31, 2019, respectively 21,311 22,353
Notes receivable — long–term portion, less allowance for doubtful accounts of $4,827 and $6,667 as of March 31, 2020 and December 31, 2019, respectively 49,466 46,992
Deferred compensation funding, at fair value 30,008 37,247
Deferred income taxes 30,642 20,364
Total assets 732,077 722,592
Current liabilities:    
Accounts payable 60,794 54,418
Accrued payroll, accrued and withheld payroll taxes 29,763 36,413
Other accrued expenses 11,443 16,489
Borrowings under line of credit 50,000 10,000
Income taxes payable 10,555 8,075
Accrued insurance claims 23,729 23,256
Total current liabilities 186,284 148,651
Accrued insurance claims — long-term portion 65,272 64,366
Deferred compensation liability 30,098 37,621
Lease liability — long-term portion 12,244 11,649
Commitments and contingencies (Note 15)
STOCKHOLDERS’ EQUITY:    
Common stock, $0.01 par value; 100,000 shares authorized; 75,725 and 75,557 shares issued, and 74,416 and 74,149 shares outstanding as of March 31, 2020 and December 31, 2019, respectively 757 756
Additional paid-in capital 275,447 270,614
Retained earnings 168,404 195,455
Accumulated other comprehensive income, net of taxes 2,386 2,919
Common stock in treasury, at cost, 1,309 and 1,408 shares as of March 31, 2020 and December 31, 2019, respectively (8,815) (9,439)
Total stockholders’ equity 438,179 460,305
Total liabilities and stockholders’ equity $ 732,077 $ 722,592