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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 310,575 $ 333,890
Receivables, net of allowance for doubtful accounts of $39,399 and $42,409 2,202,460 2,113,930
Contract assets 182,247 0
Prepaid expenses and other 63,374 63,116
Total current assets 2,758,656 2,510,936
Property and equipment, net 228,325 230,326
Goodwill 1,265,778 1,275,816
Other intangible assets, net 130,254 151,585
Deferred tax asset 10,714 6,870
Other assets 59,557 60,301
Total assets 4,453,284 4,235,834
Current liabilities:    
Accounts payable 1,059,669 1,000,305
Outstanding checks 74,168 96,359
Accrued expenses:    
Transportation expense 140,231 0
Compensation 99,279 105,316
Income taxes 18,393 12,240
Other accrued liabilities 66,987 58,229
Current portion of debt 66,000 715,000
Total current liabilities 1,524,727 1,987,449
Long-term debt 1,341,054 750,000
Noncurrent income taxes payable 25,364 26,684
Deferred tax liabilities 42,779 45,355
Other long-term liabilities 1,201 601
Total liabilities 2,935,125 2,810,089
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; 179,101 and 179,103 shares issued, 138,744 and 139,542 outstanding 13,874 13,954
Additional paid-in capital 478,451 444,280
Retained earnings 3,617,324 3,437,093
Accumulated other comprehensive loss (46,537) (18,460)
Treasury stock at cost (40,357 and 39,561 shares) (2,544,953) (2,451,122)
Total stockholders’ investment 1,518,159 1,425,745
Total liabilities and stockholders’ investment $ 4,453,284 $ 4,235,834