v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 60,954 $ 12,430
Accounts receivable, net of allowance for credit losses 902,782 766,900
Inventories 636,561 398,875
Prepaid expenses and other current assets 161,310 157,860
Total current assets 1,893,054 1,456,641
Property and equipment, net of accumulated depreciation of $339,892 and $276,134 at December 31, 2024 and 2023, respectively 180,570 175,465
Goodwill 2,363,884 2,300,772
Intangible assets, net of accumulated amortization 595,224 640,255
Operating lease right-of-use assets, net 161,032 166,140
Deferred income taxes, net 5,288  
Other assets 39,128 68,354
Total assets 5,926,140 5,532,721
Current liabilities:    
Trade accounts payable 923,926 624,833
Accrued expenses 295,746 414,676
Current portion of obligations under operating leases 38,910 37,011
Current portion of obligations under financing leases 3,463 3,235
Current portion of long-term debt 48,725 32,273
Total current liabilities 1,428,333 1,248,437
Obligations under operating leases, net of current portion 129,467 134,823
Obligations under financing leases, net of current portion 6,530 5,754
Long-term debt, net of current portion 2,561,858 3,331,941
Deferred income taxes, net   23,031
Long-term liabilities 71,190 91,305
Total liabilities 4,274,555 4,920,172
Redeemable noncontrolling interests 3,730 27,139
Shareholders' equity:    
Common stock, $0.01 par value, 1,500,000,000 and 137,398,625 shares authorized, 174,245,990 and 117,857,055 shares issued and outstanding at December 31, 2024 and 2023, respectively 1,742 1,179
Preferred stock, $0.01 par value, 250,000,000 authorized; no shares issued and outstanding at December 31, 2024; no shares authorized, issued or outstanding at December 31, 2023
Additional paid-in capital 1,866,850 771,336
Accumulated deficit (222,155) (200,319)
Accumulated other comprehensive income 1,418 12,544
Total shareholders' equity 1,647,855 584,740
Noncontrolling interest   670
Total equity 1,647,855 585,410
Total liabilities, redeemable noncontrolling interests, and equity 5,926,140 5,532,721
Discontinued operation held for sale    
Current assets:    
Current assets held for sale 131,447 120,576
Non-current assets held for sale 687,960 725,094
Current liabilities:    
Current liabilities held for sale 117,563 136,409
Non-current liabilities held for sale $ 77,177 $ 84,881