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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 974,435 $ 807,796
Accounts receivable, less allowance for doubtful accounts of $9,247 in 2016 and $7,820 in 2015 1,190,130 1,112,260
Other 54,014 56,453
Total current assets 2,218,579 1,976,509
Property and equipment, net 536,572 524,724
Goodwill 7,927 7,927
Other assets, net 27,793 56,417
Total assets 2,790,871 2,565,577
Current Liabilities:    
Accounts payable 726,571 645,304
Accrued expenses, primarily salaries and related costs 185,502 186,571
Federal, state and foreign income taxes 17,858 29,498
Total current liabilities 929,931 861,373
Deferred Federal and state income taxes, net 13,727 9,528
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 179,857 shares at December 31, 2016 and 182,067 shares at December 31, 2015 1,799 1,821
Additional paid-in capital 2,642 31
Retained earnings 1,944,789 1,771,379
Accumulated other comprehensive loss (104,592) (81,238)
Total shareholders’ equity 1,844,638 1,691,993
Noncontrolling interest 2,575 2,683
Total equity 1,847,213 1,694,676
Total liabilities and equity $ 2,790,871 $ 2,565,577