v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 236,809 $ 235,048
Short-term investments 28,693 28,693
Trade accounts receivable, net of allowances of $7,410 and $7,230 264,413 278,849
Inventories, net 495,035 492,735
Prepaid expenses 97,713 96,089
Other current assets 49,354 28,130
Total current assets 1,172,017 1,159,544
Property, plant and equipment, net 446,882 444,335
Right of use asset - operating leases 137,197 140,568
Intangible assets, net 1,105,345 1,134,663
Goodwill 613,247 615,157
Deferred tax assets, net 68,078 69,854
Other assets 34,960 37,880
Total assets 3,577,726 3,602,001
Current liabilities:    
Current portion of borrowings under senior credit facility 38,750 38,750
Current portion of borrowings under securitization facility 0 87,800
Current portion of lease liability - operating leases 13,932 14,019
Accounts payable, trade 87,948 95,726
Contract liabilities 11,623 11,463
Income tax payable 3,236 3,651
Accrued compensation 58,040 74,079
Accrued expenses and other current liabilities 133,317 130,493
Total current liabilities 346,846 455,981
Long-term borrowings under senior credit facility 1,750,255 1,729,556
Long-term borrowings under securitization facility 76,400 0
Lease liability - operating leases 160,116 163,059
Deferred tax liabilities 6,143 5,664
Other liabilities 195,560 204,278
Total liabilities 2,535,320 2,558,538
Stockholders’ equity:    
Preferred stock; no par value; 15,000 authorized shares; none outstanding 0 0
Common stock; $0.01 par value; 240,000 authorized shares; 92,174 and 92,286 issued at March 31, 2026 and December 31, 2025, respectively 922 923
Additional paid-in capital 1,340,722 1,338,386
Treasury stock, at cost; 14,356 shares and 14,399 shares at March 31, 2026 and December 31, 2025, respectively (687,122) (689,210)
Accumulated other comprehensive loss (30,940) (30,077)
Retained earnings 418,824 423,441
Total stockholders’ equity 1,042,406 1,043,463
Total liabilities and stockholders’ equity $ 3,577,726 $ 3,602,001