v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 193,132 $ 160,871
Receivables, net of allowance for credit loss of $15,530 and $14,420 3,547,181 2,360,829
Contract assets, net of allowance for credit loss 290,924 156,441
Prepaid expenses and other 98,832 120,402
Total current assets 4,130,069 2,798,543
Property and equipment, net of accumulated depreciation and amortization 102,297 116,362
Goodwill 1,509,571 1,457,976
Other intangible assets, net of accumulated amortization 36,359 18,174
Right-of-use lease assets 246,837 278,323
Deferred tax assets 267,541 293,455
Other assets 96,781 95,548
Total assets 6,389,455 5,058,381
Current liabilities:    
Accounts payable 1,938,433 1,210,295
Outstanding checks 30,979 30,981
Accrued expenses:    
Compensation 189,766 188,838
Transportation expense 236,322 120,708
Income taxes 11,780 33,745
Other accrued liabilities 182,394 174,955
Current lease liabilities 69,357 72,180
Current portion of debt 425,818 0
Total current liabilities 3,084,849 1,831,702
Long-term debt 1,443,491 1,089,438
Noncurrent lease liabilities 213,720 233,768
Noncurrent income taxes payable 42,348 34,875
Deferred tax liabilities 22,830 21,526
Other long-term liabilities 2,829 1,425
Total liabilities 4,810,067 3,212,734
Stockholders’ investment:    
Preferred stock, $0.10 par value, 20,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.10 par value, 480,000 shares authorized; 179,199 and 179,199 shares issued, 115,937 and 118,429 outstanding 11,594 11,843
Additional paid-in capital 736,146 734,261
Retained earnings 6,378,495 6,071,118
Accumulated other comprehensive loss (75,378) (77,674)
Treasury stock at cost (63,262 and 60,770 shares) (5,471,469) (4,893,901)
Total stockholders’ investment 1,579,388 1,845,647
Total liabilities and stockholders’ investment $ 6,389,455 $ 5,058,381