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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 203,911 $ 231,520
Accounts receivable (less allowance for credit losses of $8,291 and $8,789 at June 30, 2021 and December 31, 2020, respectively) 283,304 266,566
Inventories 99,482 77,179
Prepaid expenses and other current assets 49,308 48,678
Total current assets 636,005 623,943
Non-current assets    
Property and equipment, net 105,734 104,022
Operating lease right-of-use assets 60,310 53,766
Goodwill 249,982 216,870
Customer relationships, net 194,912 171,393
Other intangibles, net 70,345 62,889
Other non-current assets 26,678 17,682
Total assets 1,273,621 1,187,676
Current liabilities    
Current maturities of long-term debt 24,275 23,355
Current maturities of operating lease obligations 20,489 18,758
Current maturities of finance lease obligations 1,822 2,073
Accounts payable 108,164 101,462
Accrued compensation 53,415 45,876
Other current liabilities 55,850 44,951
Total current liabilities 264,015 236,475
Long-term debt 543,592 541,957
Operating lease obligations 39,188 34,413
Finance lease obligations 2,756 2,430
Deferred income taxes 8,581 35
Other long-term liabilities 52,949 53,184
Total liabilities 911,081 868,494
Commitments and contingencies (Note 15)
Stockholders’ equity    
Preferred Stock; $0.01 par value: 5,000,000 authorized and 0 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 0 0
Common stock; $0.01 par value: 100,000,000 authorized, 33,264,517 and 33,141,879 issued and 29,701,575 and 29,623,272 shares outstanding at June 30, 2021 and December 31, 2020, respectively 333 331
Additional paid in capital 205,597 199,847
Retained earnings 306,107 269,420
Treasury stock; at cost: 3,562,942 and 3,518,607 shares at June 30, 2021 and December 31, 2020, respectively (147,204) (141,653)
Accumulated other comprehensive loss (2,293) (8,763)
Total stockholders’ equity 362,540 319,182
Total liabilities and stockholders’ equity 1,273,621 1,187,676
Customer relationships    
Non-current assets    
Customer relationships, net $ 124,567 $ 108,504