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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 219,513 $ 343,849
Accounts receivable, net 573,650 377,658
Inventories 241,948 274,004
Prepaid expenses and other current assets 94,603 98,744
Total current assets 1,129,714 1,094,255
NONCURRENT ASSETS:    
Property and equipment, net 120,969 120,630
Operating lease right-of-use asset 87,789 84,159
Intangible assets, net 19,317 20,092
Referral sources, net 307,482 315,304
Goodwill 1,540,246 1,540,246
Other noncurrent assets 44,045 42,349
Total noncurrent assets 2,119,848 2,122,780
TOTAL ASSETS 3,249,562 3,217,035
CURRENT LIABILITIES:    
Accounts payable 485,736 426,513
Accrued compensation and employee benefits 42,624 92,508
Accrued expenses and other current liabilities 83,383 75,010
Current portion of operating lease liability 19,209 18,278
Current portion of long-term debt 6,000 6,000
Total current liabilities 636,952 618,309
NONCURRENT LIABILITIES:    
Long-term debt, net of discount, deferred financing costs and current portion 1,056,282 1,056,650
Operating lease liability, net of current portion 89,207 85,484
Deferred income taxes 37,884 34,920
Other noncurrent liabilities 89 0
Total noncurrent liabilities 1,183,462 1,177,054
Total liabilities 1,820,414 1,795,363
STOCKHOLDERS’ EQUITY:    
Preferred stock; $0.0001 par value; 12,500,000 shares authorized, no shares outstanding as of March 31, 2024 and December 31, 2023 0 0
Common stock; $0.0000 par value: 250,000,000 shares authorized, 183,397,817 shares issued and 173,816,056 shares outstanding as of March 31, 2024; 182,905,559 shares issued and 174,575,537 shares outstanding as of December 31, 2023 18 18
Treasury stock; 9,581,761 and 8,330,022 shares outstanding, at cost, as of March 31, 2024 and December 31, 2023, respectively (295,396) (255,107)
Paid-in capital 1,205,693 1,204,270
Retained earnings 502,304 457,513
Accumulated other comprehensive income 16,529 14,978
Total stockholders’ equity 1,429,148 1,421,672
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,249,562 $ 3,217,035