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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 661,316 $ 490,925
Restricted cash 4,002 4,001
Total cash, cash equivalents, and restricted cash 665,318 494,926
Trade accounts receivable, net of allowances of $0.3 million and $0.3 million at March 31, 2023 and December 31, 2022, respectively 277,700 252,885
Inventories 929,574 1,041,983
Prepaid and other current assets 76,127 92,043
Total current assets 1,948,719 1,881,837
Property, plant, and equipment    
Property, plant, and equipment 1,237,640 1,224,567
Less accumulated depreciation and amortization (406,121) (388,733)
Property, plant, and equipment, net 831,519 835,834
Long-term assets    
Operating lease right-of-use assets 341,292 350,761
Intangible assets, net 12,912 13,577
Goodwill 129,275 129,325
Other long-term assets 63,715 69,313
Total assets 3,327,432 3,280,647
Current liabilities    
Current maturities of long-term debt 3,747 10,956
Obligations under inventory financing agreements 871,562 893,065
Accounts payable 188,086 151,395
Accrued taxes 32,281 32,099
Operating lease liabilities 66,529 66,081
Other accrued liabilities 410,150 640,494
Total current liabilities 1,572,355 1,794,090
Long-term liabilities    
Long-term debt, net of current maturities 530,574 494,576
Finance lease liabilities 6,670 6,311
Operating lease liabilities 281,471 292,701
Other liabilities 48,369 48,432
Total liabilities 2,439,439 2,636,110
Commitments and contingencies
Stockholders’ equity    
Preferred stock, $0.01 par value: 3,000,000 shares authorized, none issued 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized at March 31, 2023 and December 31, 2022, 61,029,446 shares and 60,470,837 shares issued at March 31, 2023 and December 31, 2022, respectively 610 604
Additional paid-in capital 842,062 836,491
Accumulated earnings (deficit) 37,203 (200,687)
Accumulated other comprehensive income 8,118 8,129
Total stockholders’ equity 887,993 644,537
Total liabilities and stockholders’ equity $ 3,327,432 $ 3,280,647