v3.25.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Current assets:      
Cash and cash equivalents $ 83,669 $ 77,862 $ 96,894
Receivables, net 172,028 115,835 169,849
Receivables pledged under receivables facility 404,776 199,026 407,680
Product inventories, net 1,330,221 1,289,300 1,295,600
Prepaid expenses and other current assets 42,281 47,091 35,789
Total current assets 2,032,975 1,729,114 2,005,812
Property and equipment, net 258,188 251,324 241,871
Goodwill Balances 700,476 698,910 699,686
Other intangible assets, net 286,810 290,732 294,684
Equity interest investments 1,494 1,439 1,399
Operating lease assets 315,434 314,853 313,840
Other assets 76,579 81,812 83,622
Total assets 3,671,956 3,368,184 3,640,914
Current liabilities:      
Accounts payable 529,316 525,235 515,645
Accrued expenses and other current liabilities 160,833 171,194 152,978
Short-term borrowings 17,386 49,473 44,726
Current operating lease liabilities 100,439 98,284 94,024
Total current liabilities 807,974 844,186 807,373
Deferred income taxes 79,138 81,408 67,595
Long-term debt, net 1,212,533 900,883 1,071,827
Other long-term liabilities 50,177 44,959 44,135
Non-current operating lease liabilities 223,016 223,283 226,315
Total liabilities $ 2,372,838 $ 2,094,719 $ 2,217,245
Common Stock, Shares, Outstanding 37,314,231 37,691,942 38,289,105
Common stock, authorized (in shares) 100,000,000 100,000,000 100,000,000
Common stock, par value (in dollars per share) $ 1.000 $ 1.000 $ 1.000
Stockholders' equity:      
Common stock $ 37 $ 38 $ 38
Additional paid-in capital 658,345 638,615 626,347
Retained earnings 642,230 648,476 798,204
Accumulated other comprehensive loss (1,494) (13,664) (920)
Total stockholders’ equity 1,299,118 1,273,465 1,423,669
Total liabilities and stockholders' equity $ 3,671,956 $ 3,368,184 $ 3,640,914