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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
[1]
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,170,339 $ 1,031,145 [2]
Restricted cash 318,287 333,748
Accounts and other receivables (less allowance for doubtful accounts of $68,334 at June 30, 2019 and $59,963 at December 31, 2018) 1,727,183 1,425,815
Securitized accounts receivable—restricted for securitization investors 974,000 886,000
Prepaid expenses and other current assets 196,549 199,278
Total current assets 4,386,358 3,875,986
Property and equipment, net 190,215 186,201
Goodwill 4,720,471 4,542,074
Other intangibles, net 2,417,188 2,407,910
Investments 26,635 42,674
Other assets 234,725 147,632
Total assets 11,975,592 11,202,477
Current liabilities:    
Accounts payable 1,523,862 1,117,649
Accrued expenses 269,913 261,594
Customer deposits 870,217 926,685
Securitization facility 974,000 886,000
Current portion of notes payable and lines of credit 958,394 1,184,616
Other current liabilities 152,824 118,669
Total current liabilities 4,749,210 4,495,213
Notes payable and other obligations, less current portion 2,676,374 2,748,431
Deferred income taxes 452,113 491,946
Other noncurrent liabilities 254,523 126,707
Total noncurrent liabilities 3,383,010 3,367,084
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.001 par value; 475,000,000 shares authorized; 123,754,485 shares issued and 86,535,000 shares outstanding at June 30, 2019; and 123,035,859 shares issued and 85,845,344 shares outstanding at December 31, 2018 123 123
Additional paid-in capital 2,427,640 2,306,843
Retained earnings 4,251,414 3,817,656
Accumulated other comprehensive loss (928,197) (913,858)
Less treasury stock, 37,219,485 shares at June 30, 2019 and 37,190,515 shares at December 31, 2018 (1,907,608) (1,870,584)
Total stockholders’ equity 3,843,372 3,340,180
Total liabilities and stockholders’ equity $ 11,975,592 $ 11,202,477
[1] Reflects the impact of the Company's adoption of ASU 2016-02 "Leases", on January 1, 2019, using a modified retrospective transition method. Under this method, financial results reported in periods prior to 2019 are unchanged. Refer to footnote 2.
[2] Reflects the impact of the Company's adoption of ASU 2016-02 "Leases", on January 1, 2019, using the modified retrospective transition method. Under this method, financial results reported in periods prior to 2019 are unchanged. Refer to footnote 2.