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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 124,831 $ 142,655
Accounts receivable, net of allowance for doubtful accounts of $10,903 and $10,462, respectively 1,723,817 1,931,736
Inventories 187,146 148,503
Other current assets 117,199 115,683
Total current assets 2,152,993 2,338,577
Property and equipment, net of accumulated depreciation and amortization of $273,379 and $331,700, respectively 74,038 72,954
Goodwill 166,073 166,841
Intangible assets, net of accumulated amortization of $56,255 and $52,942, respectively 108,856 112,179
Deferred income taxes 7,345 7,967
Other assets 247,162 77,429
Total assets 2,756,467 2,775,947
Current liabilities:    
Accounts payable—trade 897,609 978,104
Accounts payable—inventory financing facility 260,160 304,130
Accrued expenses and other current liabilities 183,678 190,733
Current portion of long-term debt 1,161 1,395
Deferred revenue 66,646 62,300
Total current liabilities 1,409,254 1,536,662
Long-term debt 113,227 195,525
Deferred income taxes 604 683
Other liabilities 207,164 56,088
Total liabilities 1,730,249 1,788,958
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, 3,000 shares authorized; no shares issued
Common stock, $0.01 par value, 100,000 shares authorized; 35,762 shares at March 31, 2019 and 35,482 shares at December 31, 2018 issued and outstanding 358 355
Additional paid-in capital 321,606 323,622
Retained earnings 743,992 704,665
Accumulated other comprehensive loss – foreign currency translation adjustments (39,738) (41,653)
Total stockholders’ equity 1,026,218 986,989
Total liabilities and stockholders' equity $ 2,756,467 $ 2,775,947