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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 239,160 $ 217,482
Receivables, net of allowance for credit loss of $18,567 and $28,749 2,681,580 2,991,753
Contract assets, net of allowance for credit loss 191,711 257,597
Prepaid expenses and other 122,195 122,406
Total current assets 3,234,646 3,589,238
Property and equipment, net of accumulated depreciation and amortization 160,864 159,432
Goodwill 1,470,686 1,470,813
Other intangible assets, net of accumulated amortization 58,397 64,026
Right-of-use lease assets 357,044 372,141
Deferred tax assets 190,919 181,602
Other assets 123,028 117,312
Total assets 5,595,584 5,954,564
Current liabilities:    
Accounts payable 1,411,371 1,466,998
Outstanding checks 71,876 103,561
Accrued expenses:    
Compensation 108,069 242,605
Transportation expense 145,210 199,092
Income taxes 9,333 15,210
Other accrued liabilities 176,292 168,009
Current lease liabilities 72,958 73,722
Current portion of debt 952,759 1,053,655
Total current liabilities 2,947,868 3,322,852
Long-term debt 920,272 920,049
Noncurrent lease liabilities 301,168 313,742
Noncurrent income taxes payable 27,009 28,317
Deferred tax liabilities 15,330 14,256
Other long-term liabilities 2,549 1,926
Total liabilities 4,214,196 4,601,142
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; 179,204 and 179,204 shares issued, 116,437 and 116,323 outstanding 11,644 11,632
Additional paid-in capital 730,363 743,288
Retained earnings 5,631,750 5,590,440
Accumulated other comprehensive loss (86,383) (88,860)
Treasury stock at cost (62,767 and 62,881 shares) (4,905,986) (4,903,078)
Total stockholders’ investment 1,381,388 1,353,422
Total liabilities and stockholders’ investment $ 5,595,584 $ 5,954,564