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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 75,237 $ 114,668
Accounts receivable, net of allowance for doubtful accounts of $15,406 and $10,762, respectively 2,267,718 2,511,383
Inventories 158,400 190,833
Other current assets 225,052 231,148
Total current assets 2,726,407 3,048,032
Property and equipment, net of accumulated depreciation and amortization of $250,205 and $236,330, respectively 127,580 130,907
Goodwill 425,800 415,149
Intangible assets, net of accumulated amortization of $103,102 and $73,492, respectively 253,078 278,584
Other assets 294,445 305,507
Total assets 3,827,310 4,178,179
Current liabilities:    
Accounts payable—trade 1,275,187 1,275,957
Accounts payable—inventory financing facilities 367,997 253,676
Accrued expenses and other current liabilities 319,397 352,204
Current portion of long-term debt 1,422 1,691
Total current liabilities 1,964,003 1,883,528
Long-term debt 294,722 857,673
Deferred income taxes 40,572 44,633
Other liabilities 265,122 232,027
Total liabilities 2,564,419 3,017,861
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; 35,090 shares at September 30, 2020 and 35,263 shares at December 31, 2019 issued and outstanding 351 353
Additional paid-in capital 358,567 357,032
Retained earnings 939,857 841,097
Accumulated other comprehensive loss – foreign currency translation adjustments (35,884) (38,164)
Total stockholders’ equity 1,262,891 1,160,318
Total liabilities and stockholders' equity $ 3,827,310 $ 4,178,179