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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 242,809 $ 257,413
Receivables, net of allowance for credit loss of $42,465 and $41,542 4,391,512 3,963,487
Contract assets, net of allowance for credit loss 504,604 453,660
Prepaid expenses and other 140,306 129,593
Total current assets 5,279,231 4,804,153
Property and equipment, net of accumulated depreciation and amortization 139,926 139,831
Goodwill 1,488,616 1,484,754
Other intangible assets, net of accumulated amortization 84,011 89,606
Right-of-use lease assets 297,425 292,559
Deferred tax assets 129,232 124,900
Other assets 102,897 92,309
Total assets 7,521,338 7,028,112
Current liabilities:    
Accounts payable 2,001,180 1,813,473
Outstanding checks 65,735 105,828
Accrued expenses:    
Compensation 121,768 201,421
Transportation expense 385,603 342,778
Income taxes 143,656 100,265
Other accrued liabilities 182,754 171,266
Current lease liabilities 68,507 66,311
Current portion of debt 572,000 525,000
Total current liabilities 3,541,203 3,326,342
Long-term debt 1,593,756 1,393,649
Noncurrent lease liabilities 244,302 241,369
Noncurrent income taxes payable 28,617 28,390
Deferred tax liabilities 17,244 16,113
Other long-term liabilities 714 315
Total liabilities 5,425,836 5,006,178
Stockholders’ investment:    
Preferred stock, $0.10 par value, 20,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.10 par value, 480,000 shares authorized; 179,204 and 179,206 shares issued, 128,011 and 129,186 outstanding 12,801 12,919
Additional paid-in capital 680,857 673,628
Retained earnings 5,134,667 4,936,861
Accumulated other comprehensive loss (54,264) (61,134)
Treasury stock at cost (51,193 and 50,020 shares) (3,678,559) (3,540,340)
Total stockholders’ investment 2,095,502 2,021,934
Total liabilities and stockholders’ investment $ 7,521,338 $ 7,028,112