v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 126,553 $ 139,779
Receivables, net of an allowance for credit losses of $10,487 at March 31, 2022, and $8,798 at December 31, 2021 735,452 668,419
Inventories, net 390,061 352,801
Prepaid expenses and other current assets 29,102 26,692
Total current assets 1,281,168 1,187,691
Right of use assets 184,762 177,177
Property and equipment, net 248,438 244,574
Goodwill 1,964,297 1,949,763
Other intangible assets, net 669,797 684,209
Deferred tax assets, net   1,905
Other assets 13,101 13,211
Total assets 4,361,563 4,258,530
Current liabilities:    
Accounts payable 473,918 461,917
Current portion of long-term debt 38,723 38,640
Accrued liabilities 207,377 175,891
Short-term operating lease liabilities 55,293 54,591
Short-term finance lease liabilities 2,610 2,387
Total current liabilities 777,921 733,426
Long-term debt 1,445,473 1,454,483
Deferred tax liabilities, net 245,674 248,243
Long-term portion of insurance reserves 53,111 51,875
Long-term operating lease liabilities 133,297 125,339
Long-term finance lease liabilities 7,631 7,770
Other liabilities 1,216 960
Total liabilities 2,664,323 2,622,096
Commitments and contingencies
Equity:    
Preferred stock, $0.01 par value: 10,000,000 shares authorized; 0 shares issued and outstanding
Common stock, $0.01 par value: 250,000,000 shares authorized; 39,306,564 shares issued and 32,776,363 outstanding at March 31, 2022, and 39,165,024 shares issued and 32,927,185 outstanding at December 31, 2021 393 391
Treasury stock, 6,530,201 shares at March 31, 2022, and 6,238,974 shares at December 31, 2021, at cost (492,688) (431,030)
Additional paid-in capital 877,564 873,031
Retained earnings 1,315,387 1,200,676
Accumulated other comprehensive loss (3,416) (6,634)
Total equity 1,697,240 1,636,434
Total liabilities and equity $ 4,361,563 $ 4,258,530

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