v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 214,415 $ 235,048
Short-term investments 59,669 28,693
Trade accounts receivable, net of allowances of $7,326 and $7,230 267,188 278,849
Inventories, net 492,005 492,735
Prepaid expenses 104,344 96,089
Other current assets 53,861 28,130
Total current assets 1,191,482 1,159,544
Property, plant and equipment, net 446,202 444,335
Right of use asset - operating leases 137,085 140,568
Intangible assets, net 1,075,542 1,134,663
Goodwill 611,145 615,157
Deferred tax assets, net 70,443 69,854
Other assets 31,591 37,880
Total assets 3,563,490 3,602,001
Current liabilities:    
Current portion of borrowings under senior credit facility 43,594 38,750
Current portion of borrowings under securitization facility 0 87,800
Current portion of lease liability - operating leases 13,920 14,019
Accounts payable, trade 82,637 95,726
Contract liabilities 11,699 11,463
Income tax payable 3,236 3,651
Accrued compensation 68,177 74,079
Accrued expenses and other current liabilities 107,618 130,493
Total current liabilities 330,881 455,981
Long-term borrowings under senior credit facility 1,736,105 1,729,556
Long-term borrowings under securitization facility 92,600 0
Lease liability - operating leases 162,660 163,059
Deferred tax liabilities 3,470 5,664
Other liabilities 194,397 204,278
Total liabilities 2,520,113 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; 92,130 and 92,286 issued at June 30, 2026 and December 31, 2025, respectively 921 923
Additional paid-in capital 1,346,265 1,338,386
Treasury stock, at cost; 14,351 shares and 14,399 shares at June 30, 2026 and December 31, 2025, respectively (686,918) (689,210)
Accumulated other comprehensive loss (40,197) (30,077)
Retained earnings 423,306 423,441
Total stockholders’ equity 1,043,377 1,043,463
Total liabilities and stockholders’ equity $ 3,563,490 $ 3,602,001