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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 121,838 $ 145,524
Receivables, net of allowance for credit loss of $16,351 and $14,229 2,592,576 2,381,963
Contract assets, net of allowance for credit loss 235,326 189,900
Prepaid expenses and other 174,441 163,307
Total current assets 3,124,181 2,880,694
Property and equipment, net of accumulated depreciation and amortization 143,497 144,718
Goodwill 1,467,018 1,473,600
Other intangible assets, net of accumulated amortization 40,127 43,662
Right-of-use lease assets 366,604 353,890
Deferred tax assets 219,443 214,619
Other assets 111,218 114,097
Total assets 5,472,088 5,225,280
Current liabilities:    
Accounts payable 1,390,019 1,303,951
Outstanding checks 63,650 66,383
Accrued expenses:    
Compensation 110,899 135,104
Transportation expense 186,027 147,921
Income taxes 6,246 4,748
Other accrued liabilities 162,627 159,435
Current lease liabilities 74,818 74,451
Current portion of debt 280,000 160,000
Total current liabilities 2,274,286 2,051,993
Long-term debt 1,420,776 1,420,487
Noncurrent lease liabilities 310,285 297,563
Noncurrent income taxes payable 21,798 21,289
Deferred tax liabilities 12,090 13,177
Other long-term liabilities 2,859 2,074
Total liabilities 4,042,094 3,806,583
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; 179,199 and 179,204 shares issued, 117,000 and 116,768 outstanding 11,700 11,677
Additional paid-in capital 746,998 754,093
Retained earnings 5,639,629 5,620,790
Accumulated other comprehensive loss (100,436) (80,946)
Treasury stock at cost (62,199 and 62,436 shares) (4,867,897) (4,886,917)
Total stockholders’ investment 1,429,994 1,418,697
Total liabilities and stockholders’ investment $ 5,472,088 $ 5,225,280