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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 297,776 $ 294,186
Accounts receivable, net 395,209 377,542
Inventories 249,643 224,281
Prepaid expenses and other current assets 86,908 98,330
Total current assets 1,029,536 994,339
NONCURRENT ASSETS:    
Property and equipment, net 105,571 108,321
Operating lease right-of-use asset 70,077 72,424
Intangible assets, net 21,677 22,371
Referral sources, net 334,001 341,744
Goodwill 1,533,569 1,533,424
Other noncurrent assets 35,971 40,313
Total noncurrent assets 2,100,866 2,118,597
TOTAL ASSETS 3,130,402 3,112,936
CURRENT LIABILITIES:    
Accounts payable 448,890 378,763
Accrued compensation and employee benefits 48,550 76,906
Accrued expenses and other current liabilities 96,279 84,302
Current portion of operating lease liability 18,847 19,380
Current portion of long-term debt 6,000 6,000
Total current liabilities 618,566 565,351
NONCURRENT LIABILITIES:    
Long-term debt, net of discount, deferred financing costs and current portion 1,057,787 1,058,204
Operating lease liability, net of current portion 69,961 71,441
Deferred income taxes 30,780 22,154
Other noncurrent liabilities 3,089 9,683
Total noncurrent liabilities 1,161,617 1,161,482
Total liabilities 1,780,183 1,726,833
STOCKHOLDERS’ EQUITY:    
Preferred stock; $0.0001 par value; 12,500,000 shares authorized, no shares outstanding as of March 31, 2023 and December 31, 2022, respectively 0 0
Common stock; $0.0001 par value: 250,000,000 shares authorized, 182,615,601 shares issued and 179,756,714 shares outstanding as of March 31, 2023; 182,341,420 shares issued and 181,957,698 shares outstanding as of December 31, 2022 18 18
Treasury stock; 2,858,887 and 383,722 shares outstanding, at cost, as of March 31, 2023 and December 31, 2022, respectively (78,138) (2,403)
Paid-in capital 1,180,992 1,176,906
Retained earnings 229,631 190,423
Accumulated other comprehensive income 17,716 21,159
Total stockholders’ equity 1,350,219 1,386,103
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,130,402 $ 3,112,936