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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 114,758 $ 103,840
Accounts receivable, net of allowance for doubtful accounts of $16,760 and $16,941, respectively 3,025,699 2,936,732
Inventories 383,401 328,101
Other current assets 244,383 199,638
Total current assets 3,768,241 3,568,311
Property and equipment, net of accumulated depreciation and amortization of $231,333 and $233,786, respectively 189,722 176,263
Goodwill 429,215 428,346
Intangible assets, net of accumulated amortization of $118,905 and $110,909, respectively 207,116 214,788
Other assets 255,494 301,372
Total assets 4,849,788 4,689,080
Current liabilities:    
Accounts payable—trade 1,623,651 1,779,854
Accounts payable—inventory financing facilities 318,433 311,878
Accrued expenses and other current liabilities 390,703 423,489
Current portion of long-term debt 344,903 36
Total current liabilities 2,677,690 2,515,257
Long-term debt 373,018 361,570
Deferred income taxes 36,631 47,073
Other liabilities 223,258 255,953
Total liabilities 3,310,597 3,179,853
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, 3,000 shares authorized; no shares issued 0 0
Common stock, $0.01 par value, 100,000 shares authorized; 35,072 shares at March 31, 2022 and 34,897 shares at December 31, 2021 issued and outstanding 351 349
Additional paid-in capital 321,959 368,282
Retained earnings 1,242,110 1,167,690
Accumulated other comprehensive loss – foreign currency translation adjustments (25,229) (27,094)
Total stockholders’ equity 1,539,191 1,509,227
Total liabilities and stockholders' equity $ 4,849,788 $ 4,689,080