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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Current assets:      
Cash and cash equivalents $ 91,347 $ 66,540 $ 85,220
Receivables, net 119,538 145,723 140,997
Receivables pledged under receivables facility 306,155 197,187 320,585
Product inventories, net 1,180,491 1,365,466 1,259,308
Prepaid expenses and other current assets 43,168 40,444 26,414
Total current assets 1,740,699 1,815,360 1,832,524
Property and equipment, net 243,308 223,929 213,732
Goodwill Balances 700,147 700,078 699,270
Other intangible assets, net 292,722 298,282 300,237
Equity interest investments 1,434 1,305 1,383
Operating lease assets 309,648 305,688 293,673
Other assets 79,431 83,426 89,915
Total assets 3,367,389 3,428,068 3,430,734
Current liabilities:      
Accounts payable 401,702 508,672 429,436
Accrued expenses and other current liabilities 185,118 134,676 157,172
Short-term borrowings 44,683 38,203 37,788
Current operating lease liabilities 95,412 89,215 84,724
Total current liabilities 726,915 770,766 709,120
Deferred income taxes 65,106 67,421 55,226
Long-term debt, net 879,146 1,015,117 996,109
Other long-term liabilities 43,612 40,028 37,885
Non-current operating lease liabilities 220,101 221,949 214,168
Total liabilities $ 1,934,880 $ 2,115,281 $ 2,012,508
Common Stock, Shares, Outstanding 38,083,401 38,354,829 38,676,960
Common stock, authorized (in shares) 100,000,000 100,000,000 100,000,000
Common stock, par value (in dollars per share) $ 1.000 $ 1.000 $ 1.000
Stockholders' equity:      
Common stock $ 38 $ 38 $ 39
Additional paid-in capital 632,523 606,177 600,009
Retained earnings 802,379 699,990 811,434
Accumulated other comprehensive (loss) income (2,431) 6,582 6,744
Total stockholders’ equity 1,432,509 1,312,787 1,418,226
Total liabilities and stockholders' equity $ 3,367,389 $ 3,428,068 $ 3,430,734