v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
Current assets:      
Cash and cash equivalents $ 28,762 $ 104,963 $ 83,669
Receivables, net 190,947 136,063 172,028
Receivables pledged under receivables facility 446,914 211,740 404,776
Product inventories, net 1,378,695 1,454,672 1,330,221
Prepaid expenses and other current assets 48,801 62,426 42,281
Total current assets 2,094,119 1,969,864 2,032,975
Property and equipment, net 276,897 267,065 258,188
Goodwill 706,721 707,345 700,476
Other intangible assets, net 279,890 283,882 286,810
Equity interest investments 1,567 1,576 1,494
Operating lease assets 345,894 327,398 315,434
Other assets 55,386 68,996 76,579
Total assets 3,760,474 3,626,126 3,671,956
Current liabilities:      
Accounts payable 474,481 652,619 529,316
Accrued expenses and other current liabilities 185,505 109,301 160,833
Short-term borrowings and current portion of long-term debt 13,443 13,029 17,386
Current operating lease liabilities 110,596 105,336 100,439
Total current liabilities 784,025 880,285 807,974
Deferred income taxes 94,644 95,633 79,138
Long-term debt, net 1,327,273 1,186,424 1,212,533
Other long-term liabilities 50,680 48,313 50,177
Non-current operating lease liabilities 243,854 230,242 223,016
Total liabilities 2,500,476 2,440,897 2,372,838
Stockholders' equity:      
Common stock, 0.001 par value; 100,000,000 shares authorized; 36,340,877, 37,314,231, and 36,577,686 shares issued and outstanding at June 30, 2026, June 30, 2025 and December 31, 2025, respectively 36 37 37
Additional paid-in capital 692,399 671,050 658,345
Retained earnings 581,824 520,662 642,230
Accumulated other comprehensive loss (14,261) (6,520) (1,494)
Total stockholders’ equity 1,259,998 1,185,229 1,299,118
Total liabilities and stockholders' equity $ 3,760,474 $ 3,626,126 $ 3,671,956