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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 29,288 $ 54,330
Restricted cash equivalents 24,695 0
Marketable securities, at fair value 75,618 93,131
Accounts and notes receivable, less allowance for doubtful accounts of $91,868 and $87,250 as of March 31, 2024 and December 31, 2023, respectively 407,140 383,509
Inventories and supplies 18,042 18,479
Prepaid expenses and other assets 25,631 22,247
Total current assets 580,414 571,696
Property and equipment, net 29,190 28,774
Goodwill 75,529 75,529
Other intangible assets, less accumulated amortization of $37,228 and $36,557 as of March 31, 2024 and December 31, 2023, respectively 11,456 12,127
Notes receivable — long–term portion, less allowance for doubtful accounts of $3,720 and $4,449 as of March 31, 2024 and December 31, 2023, respectively 23,287 24,832
Deferred compensation funding, at fair value 44,269 40,812
Deferred tax assets 35,434 35,226
Other long-term assets 4,301 1,656
Total assets 803,880 790,652
Current liabilities:    
Accounts payable 72,916 83,224
Accrued payroll and related taxes 38,338 56,142
Other accrued expenses and current liabilities 21,931 21,179
Borrowings under line of credit 40,000 25,000
Income taxes payable 11,759 7,201
Deferred compensation liability — short-term 1,293 1,501
Accrued insurance claims 23,138 22,681
Total current liabilities 209,375 216,928
Accrued insurance claims — long-term 62,796 61,697
Deferred compensation liability — long-term 44,271 41,186
Lease liability — long-term 10,590 11,235
Other long-term liabilities 2,267 2,990
Commitments and contingencies (Note 14)
STOCKHOLDERS’ EQUITY:    
Common stock, $0.01 par value; 100,000 shares authorized; 76,533 and 76,329 shares issued, and 73,646 and 73,341 shares outstanding as of March 31, 2024 and December 31, 2023, respectively 765 763
Additional paid-in capital 312,080 310,436
Retained earnings 200,381 185,010
Accumulated other comprehensive loss, net of taxes (2,172) (1,844)
Common stock in treasury, at cost, 2,887 and 2,988 shares as of March 31, 2024 and December 31, 2023, respectively (36,473) (37,749)
Total stockholders’ equity 474,581 456,616
Total liabilities and stockholders’ equity $ 803,880 $ 790,652