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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 218,690 $ 229,627
Accounts receivable (less allowance for credit losses of $10,059 and $9,549 at March 31, 2023 and December 31, 2022, respectively) 397,573 397,222
Inventories 170,115 176,629
Prepaid expenses and other current assets 76,217 80,933
Total current assets 862,595 884,411
Non-current assets    
Property and equipment, net 126,384 118,774
Operating lease right-of-use assets 74,602 76,174
Goodwill 392,625 373,555
Intangibles, net 289,601 283,473
Other non-current assets 33,756 42,545
Total assets 1,779,563 1,778,932
Current liabilities    
Current maturities of long-term debt 31,165 30,983
Current maturities of operating lease obligations 26,000 26,145
Current maturities of finance lease obligations 2,588 2,508
Accounts payable 134,836 149,186
Accrued compensation 45,613 51,608
Other current liabilities 76,136 67,631
Total current liabilities 316,338 328,061
Long-term debt 830,225 830,171
Operating lease obligations 48,339 49,789
Finance lease obligations 6,559 6,397
Deferred income taxes 25,993 28,458
Other long-term liabilities 46,887 42,557
Total liabilities 1,274,341 1,285,433
Commitments and contingencies
Stockholders’ equity    
Preferred Stock; $0.01 par value: 5,000,000 authorized and 0 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 0 0
Common stock; $0.01 par value: 100,000,000 authorized, 33,498,693 and 33,429,557 issued and 28,375,037 and 28,306,482 shares outstanding at March 31, 2023 and December 31, 2022, respectively 335 334
Additional paid in capital 232,503 228,827
Retained earnings 527,468 513,095
Treasury stock; at cost: 5,123,656 and 5,123,075 shares at March 31, 2023 and December 31, 2022, respectively (289,335) (289,317)
Accumulated Other Comprehensive Income (Loss), Net of Tax 34,251 40,560
Total stockholders’ equity 505,222 493,499
Total liabilities and stockholders’ equity 1,779,563 1,778,932
Customer relationships    
Non-current assets    
Intangibles, net 194,850 192,328
Other intangibles, net    
Non-current assets    
Intangibles, net $ 94,751 $ 91,145