CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 268,847	$ 184,742
Receivables, net of an allowance for credit losses of $29,680 at March 31, 2026, and $29,081 at December 31, 2025	930,521	894,408
Inventories	515,143	505,167
Prepaid expenses and other current assets	42,148	50,478
Total current assets	1,756,659	1,634,795
Right of use assets	261,536	271,396
Property and equipment, net	286,525	291,556
Goodwill	3,070,940	3,045,227
Other intangible assets, net	1,325,038	1,351,612
Other assets	10,465	10,726
Total assets	6,711,163	6,605,312
Current liabilities:
Accounts payable	471,217	440,214
Current portion of long-term debt	62,500	62,500
Accrued liabilities	251,991	249,361
Short-term operating lease liabilities	87,302	86,170
Short-term finance lease liabilities	6,611	6,571
Total current liabilities	879,621	844,816
Long-term debt	2,769,888	2,784,197
Deferred tax liabilities, net	395,765	387,594
Long-term portion of insurance reserves	58,645	58,681
Long-term operating lease liabilities	190,086	200,729
Long-term finance lease liabilities	11,014	11,020
Other liabilities	1,782	2,115
Total liabilities	4,306,801	4,289,152
Commitments and contingencies
Equity:
Preferred stock, $0.01 par value: 10,000,000 shares authorized; 0 shares issued and outstanding
Common stock, $0.01 par value: 250,000,000 shares authorized; 39,747,055 shares issued and 28,139,211 outstanding at March 31, 2026, and 39,643,887 shares issued and 28,069,250 outstanding at December 31, 2025	397	396
Treasury stock, 11,607,844 shares at March 31, 2026, and 11,574,637 shares at December 31, 2025, at cost	(2,142,193)	(2,124,964)
Additional paid-in capital	950,262	945,303
Retained earnings	3,620,061	3,515,248
Accumulated other comprehensive loss	(24,165)	(19,823)
Total equity	2,404,362	2,316,160
Total liabilities and equity	$ 6,711,163	$ 6,605,312

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Also includes the total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

No definition available.