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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 333,890 $ 247,666
Receivables, net of allowance for doubtful accounts of $42,409 and $39,543 2,113,930 1,711,191
Prepaid expenses and other 63,116 49,245
Total current assets 2,510,936 2,008,102
Property and equipment 497,909 450,045
Accumulated depreciation and amortization (267,583) (217,092)
Net property and equipment 230,326 232,953
Goodwill 1,275,816 1,232,796
Other intangible assets, net of accumulated amortization of $122,283 and $87,486 151,585 167,525
Deferred tax assets 6,870 2,250
Other assets 60,301 44,132
Total assets 4,235,834 3,687,758
Current liabilities:    
Accounts payable 1,000,305 839,736
Outstanding checks 96,359 82,052
Accrued expenses–    
Compensation 105,316 98,107
Income taxes 12,240 15,472
Other accrued liabilities 58,229 70,351
Current portion of debt 715,000 740,000
Total current liabilities 1,987,449 1,845,718
Long-term debt 750,000 500,000
Noncurrent income taxes payable 26,684 18,849
Deferred tax liabilities 45,355 65,122
Other long-term liabilities 601 222
Total liabilities 2,810,089 2,429,911
Commitments and contingencies
Stockholders’ investment:    
Preferred stock, $.10 par value, 20,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $.10 par value, 480,000 shares authorized; 179,103 and 179,006 shares issued, 139,542 and 141,258 outstanding 13,954 14,126
Additional paid-in capital 444,280 419,280
Retained earnings 3,437,093 3,190,578
Accumulated other comprehensive loss (18,460) (61,442)
Treasury stock at cost (39,561 and 37,748 shares) (2,451,122) (2,304,695)
Total stockholders’ investment 1,425,745 1,257,847
Total liabilities and stockholders’ investment $ 4,235,834 $ 3,687,758