v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 1,854,794 $ 981,898
Billed accounts receivable, less allowance for credit losses of $23,491 and $19,708, respectively 3,278,811 2,577,858
Unbilled accounts receivable, less allowance for credit losses of $1,636 and $1,508, respectively 136,617 123,197
Other receivables, less allowance for credit losses of $270 and $325, respectively 122,100 116,157
Inventories 104,804 84,066
Prepaid expenses and other 146,723 138,560
Costs and estimated earnings in excess of billings, less allowance for credit losses of $416 and $255, respectively 144,553 88,817
Total current assets 5,788,402 4,110,553
PROPERTY AND EQUIPMENT, NET 653,873 387,952
LEASE RIGHT-OF-USE ASSETS 299,638 322,922
GOODWILL 1,101,475 1,025,515
IDENTIFIABLE INTANGIBLE ASSETS, NET 534,580 485,168
DEFERRED TAX ASSETS 80,920 84,139
OTHER NONCURRENT ASSETS 28,918 24,920
Total assets 8,487,806 6,441,169
CURRENT LIABILITIES:    
Current maturities of long-term debt 215 6,163
Accounts payable 771,906 696,348
Accrued compensation and benefits 403,471 291,722
Billings in excess of costs and estimated earnings and deferred revenue 3,231,104 2,120,262
Accrued self-insurance 40,141 42,973
Other current liabilities 321,927 236,382
Total current liabilities 4,768,764 3,393,850
LONG-TERM DEBT 53,849 139,063
LEASE LIABILITIES 273,969 302,590
DEFERRED TAX LIABILITIES 3,892 3,892
OTHER LONG-TERM LIABILITIES 170,063 153,000
Total liabilities 5,270,537 3,992,395
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Preferred stock, $.01 par, 5,000,000 shares authorized, none issued and outstanding
Common stock, $.01 par, 102,969,912 shares authorized, 41,123,365 and 41,123,365 shares issued, respectively 411 411
Treasury stock, at cost, 5,923,156 and 5,946,145 shares, respectively (517,499) (496,006)
Additional paid-in capital 394,107 363,314
Retained earnings 3,340,250 2,581,055
Total stockholders' equity 3,217,269 2,448,774
Total liabilities and stockholders' equity $ 8,487,806 $ 6,441,169