v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,239,407 $ 69,358
Receivables (net of allowance of $7.3 million and $7.2 million, respectively) 216,504 190,732
Contract assets 45,723 41,468
Inventories 625,737 553,834
Prepaid expenses and other current assets 33,569 37,937
Total current assets 2,160,940 893,329
Noncurrent assets:    
Property and equipment (net of accumulated depreciation of $37.9 million and $34.2 million, respectively) 93,821 91,098
Intangible assets (net of accumulated amortization of $111.8 million and $100.2 million, respectively) 318,809 295,962
Goodwill 638,889 641,242
Operating lease right-of-use assets 48,272 50,151
Note receivable 27,735 27,041
Other assets 22,197 29,755
Total assets 3,310,663 2,028,578
Current liabilities:    
Current portion of long-term debt 29,924 7,500
Accounts payable 147,910 154,506
Accrued expenses and other current liabilities 65,550 73,161
Dividends payable 2,806 2,339
Total current liabilities 246,190 237,506
Noncurrent liabilities:    
Long-term debt, net of current portion 331,051 285,304
Deferred compensation 4,613 5,918
Long-term operating lease obligations 41,557 43,693
Deferred tax liabilities 16,782 12,394
Other long-term liabilities 4,254 4,955
Total liabilities 644,447 589,770
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 44,000,000 shares; issued and outstanding 28,055,592 and 23,398,046, respectively 1,403 1,170
Additional paid-in capital 2,241,751 1,041,483
Retained earnings 421,891 395,643
Accumulated other comprehensive income 1,171 512
Total stockholders' equity 2,666,216 1,438,808
Total liabilities and stockholders' equity $ 3,310,663 $ 2,028,578