v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 170,276 $ 130,354
Accounts receivable, net of allowances of $38,848 and $28,136, respectively 430,297 278,191
Inventories 389,212 368,687
Income taxes receivable 4,924 32,782
Other receivables 22,892 22,082
Prepaid expenses and other assets 67,005 53,787
Total current assets 1,084,606 885,883
Property and equipment, net of accumulated depreciation of $239,780 and $209,873, respectively 246,078 238,191
Intangible assets, net 1,317,707 1,324,680
Goodwill 404,643 404,689
Deferred tax assets, net 911,346 935,054
Restricted cash 3,555 3,557
Right-of-use assets 337,548 338,669
Other assets 50,796 44,027
Total assets 4,356,279 4,174,750
Current liabilities:    
Accounts payable 262,511 266,090
Accrued expenses and other liabilities 306,066 300,959
Income taxes payable 69,308 47,308
Current operating lease liabilities 90,144 85,772
Total current liabilities 728,029 700,129
Deferred tax liabilities, net 861 882
Long-term income taxes payable 639,580 649,057
Long-term borrowings 1,307,658 1,230,885
Long-term operating lease liabilities 291,400 297,192
Other liabilities 4,077 3,322
Total liabilities 2,971,605 2,881,467
Commitments and contingencies
Stockholders’ equity:    
Common stock, par value $0.001 per share, 250.0 million shares authorized, 111.0 million and 110.7 million issued, 48.1 million and 50.2 million outstanding, respectively 111 111
Treasury stock, at cost, 62.9 million and 60.5 million shares, respectively (3,296,549) (3,040,416)
Additional paid-in capital 921,457 896,605
Retained earnings 3,823,081 3,480,638
Accumulated other comprehensive loss (63,426) (43,655)
Total stockholders’ equity 1,384,674 1,293,283
Total liabilities and stockholders’ equity $ 4,356,279 $ 4,174,750