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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Jun. 30, 2023
Current assets:      
Cash and cash equivalents $ 96,894 $ 66,540 $ 53,225
Receivables, net 169,849 145,723 203,459
Receivables pledged under receivables facility 407,680 197,187 427,491
Product inventories, net 1,295,600 1,365,466 1,392,886
Prepaid expenses and other current assets 35,789 40,444 19,994
Total current assets 2,005,812 1,815,360 2,097,055
Property and equipment, net 241,871 223,929 209,541
Goodwill Balances 699,686 700,078 699,918
Other intangible assets, net 294,684 298,282 302,444
Equity interest investments 1,399 1,305 1,278
Operating lease assets 313,840 305,688 279,468
Other assets 83,622 83,426 90,875
Total assets 3,640,914 3,428,068 3,680,579
Current liabilities:      
Accounts payable 515,645 508,672 485,100
Accrued expenses and other current liabilities 152,978 134,676 170,658
Short-term borrowings 44,726 38,203 36,219
Current operating lease liabilities 94,024 89,215 79,763
Total current liabilities 807,373 770,766 771,740
Deferred income taxes 67,595 67,421 58,151
Long-term debt, net 1,071,827 1,015,117 1,148,367
Other long-term liabilities 44,135 40,028 39,236
Non-current operating lease liabilities 226,315 221,949 204,553
Total liabilities $ 2,217,245 $ 2,115,281 $ 2,222,047
Common Stock, Shares, Outstanding 38,289,105 38,354,829 39,048,604
Common stock, authorized (in shares) 100,000,000 100,000,000 100,000,000
Common stock, par value (in dollars per share) $ 0.001 $ 0.001 $ 0.001
Stockholders' equity:      
Common stock $ 38 $ 38 $ 39
Additional paid-in capital 626,347 606,177 593,081
Retained earnings 798,204 699,990 854,559
Accumulated other comprehensive (loss) income (920) 6,582 10,853
Total stockholders’ equity 1,423,669 1,312,787 1,458,532
Total liabilities and stockholders' equity $ 3,640,914 $ 3,428,068 $ 3,680,579