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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 138,753 $ 128,313
Accounts receivable, net of allowance for doubtful accounts of $15,664 and $15,106, respectively 2,583,716 2,685,448
Inventories 253,297 185,650
Other current assets 177,927 177,039
Total current assets 3,153,693 3,176,450
Property and equipment, net of accumulated depreciation and amortization of $254,747 and $256,065, respectively 148,531 146,016
Goodwill 429,757 429,368
Intangible assets, net of accumulated amortization of $111,245 and $103,483, respectively 239,833 246,915
Other assets 282,793 311,983
Total assets 4,254,607 4,310,732
Current liabilities:    
Accounts payable—trade 1,460,172 1,461,312
Accounts payable—inventory financing facilities 309,075 356,930
Accrued expenses and other current liabilities 404,995 408,117
Current portion of long-term debt 830 1,105
Total current liabilities 2,175,072 2,227,464
Long-term debt 416,401 437,581
Deferred income taxes 33,963 33,209
Other liabilities 246,005 270,049
Total liabilities 2,871,441 2,968,303
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; 35,320 shares at March 31, 2021 and 35,103 shares at December 31, 2020 issued and outstanding 353 351
Additional paid-in capital 361,935 364,288
Retained earnings 1,036,413 993,245
Accumulated other comprehensive loss – foreign currency translation adjustments (15,535) (15,455)
Total stockholders’ equity 1,383,166 1,342,429
Total liabilities and stockholders' equity $ 4,254,607 $ 4,310,732