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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 174,733 $ 217,482
Receivables, net of allowance for credit loss of $17,312 and $28,749 2,442,297 2,991,753
Contract assets, net of allowance for credit loss 204,737 257,597
Prepaid expenses and other 137,476 122,406
Total current assets 2,959,243 3,589,238
Property and equipment, net of accumulated depreciation and amortization 150,858 159,432
Goodwill 1,465,319 1,470,813
Other intangible assets, net of accumulated amortization 46,579 64,026
Right-of-use lease assets 350,896 372,141
Deferred tax assets 214,528 181,602
Other assets 130,244 117,312
Total assets 5,317,667 5,954,564
Current liabilities:    
Accounts payable 1,375,529 1,466,998
Outstanding checks 68,657 103,561
Accrued expenses:    
Compensation 134,778 242,605
Transportation expense 156,611 199,092
Income taxes 6,782 15,210
Other accrued liabilities 170,539 168,009
Current lease liabilities 73,681 73,722
Current portion of debt 662,966 1,053,655
Total current liabilities 2,649,543 3,322,852
Long-term debt 920,720 920,049
Noncurrent lease liabilities 294,751 313,742
Noncurrent income taxes payable 29,640 28,317
Deferred tax liabilities 14,656 14,256
Other long-term liabilities 3,773 1,926
Total liabilities 3,913,083 4,601,142
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 179,204 shares issued, 116,465 and 116,323 outstanding 11,647 11,632
Additional paid-in capital 747,500 743,288
Retained earnings 5,663,714 5,590,440
Accumulated other comprehensive loss (107,810) (88,860)
Treasury stock at cost (62,739 and 62,881 shares) (4,910,467) (4,903,078)
Total stockholders’ investment 1,404,584 1,353,422
Total liabilities and stockholders’ investment $ 5,317,667 $ 5,954,564