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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 807,796 $ 927,107
Short-term investments 40 40,336
Accounts receivable, less allowance for doubtful accounts of $7,820 in 2015 and $7,119 in 2014 1,112,260 1,236,042
Deferred Federal and state income taxes 16,861 20,279
Other 56,413 65,486
Total current assets 1,993,370 2,289,250
Property and equipment, net 524,724 538,415
Goodwill 7,927 7,927
Other assets, net 56,417 55,313
Total assets 2,582,438 2,890,905
Current Liabilities:    
Accounts payable 645,304 770,238
Accrued expenses, primarily salaries and related costs 186,571 192,468
Federal, state and foreign income taxes 29,498 21,077
Total current liabilities 861,373 983,783
Deferred Federal and state income taxes $ 26,389 $ 35,514
Commitments and contingencies
Shareholders’ Equity:    
Preferred stock, par value $0.01 per share, authorized 2,000 shares; none issued $ 0 $ 0
Common stock, par value $0.01 per share, authorized 640,000 shares; issued and outstanding 182,067 shares at December 31, 2015 and 191,656 shares at December 31, 2014 1,821 1,916
Additional paid-in capital 31 1,113
Retained earnings 1,771,379 1,903,196
Accumulated other comprehensive loss (81,238) (37,817)
Total shareholders’ equity 1,691,993 1,868,408
Noncontrolling interest 2,683 3,200
Total equity 1,694,676 1,871,608
Total liabilities and equity $ 2,582,438 $ 2,890,905