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Commitments and Contingencies
12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies:
Contractual Commitments

At December 31, 2022, the Company had contractual commitments of approximately $105.4 million, of which $61.0 million is related to the construction of new distribution centers, and the remaining is related to purchase obligations such as inventory purchases and marketing-related contracts. The Company does not have material contractual commitments related to construction projects extending greater than twelve months. In addition, the Company had $289.1 million legally binding minimum lease payments for leases signed, but not yet commenced. The Company has also committed to sell the Orscheln corporate headquarters and distribution center to Bomgaars for $10 million within 15 months following the closing of the Orscheln acquisition.

Letters of Credit

At December 31, 2022, there were $52.6 million outstanding letters of credit under the Senior Credit Facility.

Litigation
The Company is involved in various litigation matters arising in the ordinary course of business. The Company believes that, based upon information currently available, any estimated loss related to such matters has been adequately provided for in accrued liabilities to the extent probable and reasonably estimable. Accordingly, the Company currently expects these matters will be resolved without material adverse effect on its consolidated financial position, results of operations or cash flows.  However, litigation and other legal matters involve an element of uncertainty. Future developments in such matters, including adverse decisions or settlements or resulting required changes to the Company’s business operations, could affect our consolidated operating results when resolved in future periods or could result in liability or other amounts material to the Company’s Consolidated Financial Statements.