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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 28,662 $ 26,279
Marketable securities, at fair value 93,185 95,200
Accounts and notes receivable, less allowance for doubtful accounts of $75,745 and $70,192 as of June 30, 2023 and December 31, 2022, respectively 380,061 336,777
Inventories and supplies 19,976 21,164
Taxes receivable 926 6,629
Prepaid expenses and other assets 26,276 22,583
Total current assets 549,086 508,632
Property and equipment, net 26,932 22,975
Goodwill 75,529 75,529
Other intangible assets, less accumulated amortization of $35,145 and $32,738 as of June 30, 2023 and December 31, 2022, respectively 13,539 15,946
Notes receivable — long–term portion, less allowance for doubtful accounts of $3,917 and $3,273 as of June 30, 2023 and December 31, 2022, respectively 30,740 32,609
Deferred compensation funding, at fair value 37,020 33,493
Deferred tax asset 28,204 28,338
Other long-term assets 708 812
Total assets 761,758 718,334
Current liabilities:    
Accounts payable 65,622 68,296
Accrued payroll and related taxes 39,223 42,704
Other accrued expenses and current liabilities 17,129 17,835
Borrowings under line of credit 40,000 25,000
Income taxes payable 1,364 0
Deferred compensation liability — short-term 1,435 1,618
Accrued insurance claims 24,891 23,166
Total current liabilities 189,664 178,619
Accrued insurance claims — long-term 68,920 65,541
Deferred compensation liability — long-term 37,171 33,764
Lease liability — long-term 11,560 8,097
Other long-term liabilities 3,854 6,141
Commitments and contingencies (Note 15)
STOCKHOLDERS’ EQUITY:    
Common stock, $0.01 par value; 100,000 shares authorized; 76,329 and 76,161 shares issued, and 74,195 and 74,088 shares outstanding as of June 30, 2023 and December 31, 2022, respectively 763 762
Additional paid-in capital 305,853 302,304
Retained earnings 175,794 154,495
Accumulated other comprehensive loss, net of taxes (3,130) (3,477)
Common stock in treasury, at cost, 2,134 and 2,073 shares as of June 30, 2023 and December 31, 2022, respectively (28,691) (27,912)
Total stockholders’ equity 450,589 426,172
Total liabilities and stockholders’ equity $ 761,758 $ 718,334