v3.26.3
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 65,786 $ 69,358
Receivables (net of allowance of $8.7 million and $7.2 million, respectively) 285,227 190,732
Contract assets 66,257 41,468
Inventories 893,006 553,834
Prepaid expenses and other current assets 45,458 37,937
Total current assets 1,355,734 893,329
Noncurrent assets:    
Property and equipment (net of accumulated depreciation of $50.0 million and $34.2 million, respectively) 176,402 91,098
Intangible assets (net of accumulated amortization of $153.3 million and $100.2 million, respectively) 950,496 295,962
Goodwill 1,853,509 641,242
Operating lease right-of-use assets 89,367 50,151
Note receivable 29,126 27,041
Other assets 25,324 29,755
Total assets 4,479,958 2,028,578
Current liabilities:    
Current portion of long-term debt 32,344 7,500
Accounts payable 211,024 154,506
Accrued expenses and other current liabilities 99,485 73,161
Dividends payable 2,807 2,339
Earn-out obligations 27,367 0
Total current liabilities 373,027 237,506
Noncurrent liabilities:    
Long-term debt, net of current portion 927,595 285,304
Deferred compensation 4,624 5,918
Long-term operating lease obligations 75,817 43,693
Deferred tax liabilities 107,340 12,394
Other long-term liabilities 8,864 4,955
Total liabilities 1,497,267 589,770
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 44,000,000 shares; issued and outstanding 28,071,222 and 23,398,046, respectively 1,404 1,170
Additional paid-in capital 2,487,011 1,041,483
Retained earnings 492,065 395,643
Accumulated other comprehensive income 2,211 512
Total stockholders' equity 2,982,691 1,438,808
Total liabilities and stockholders' equity $ 4,479,958 $ 2,028,578