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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 113,166 $ 145,524
Receivables, net of allowance for credit loss of $16,845 and $14,229 2,650,800 2,381,963
Contract assets, net of allowance for credit loss 260,401 189,900
Prepaid expenses and other 154,807 163,307
Total current assets 3,179,174 2,880,694
Property and equipment, net of accumulated depreciation and amortization 139,636 144,718
Goodwill 1,468,605 1,473,600
Other intangible assets, net of accumulated amortization 36,763 43,662
Right-of-use lease assets 351,823 353,890
Deferred tax assets 226,396 214,619
Other assets 109,949 114,097
Total assets 5,512,346 5,225,280
Current liabilities:    
Accounts payable 1,431,662 1,303,951
Outstanding checks 56,970 66,383
Accrued expenses:    
Compensation 120,819 135,104
Transportation expense 211,310 147,921
Income taxes 2,483 4,748
Other accrued liabilities 158,846 159,435
Current lease liabilities 74,123 74,451
Current portion of debt 188,000 160,000
Total current liabilities 2,244,213 2,051,993
Long-term debt 1,421,066 1,420,487
Noncurrent lease liabilities 299,564 297,563
Noncurrent income taxes payable 21,611 21,289
Deferred tax liabilities 11,929 13,177
Other long-term liabilities 3,522 2,074
Total liabilities 4,001,905 3,806,583
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 179,204 shares issued, 117,262 and 116,768 outstanding 11,726 11,677
Additional paid-in capital 756,135 754,093
Retained earnings 5,691,874 5,620,790
Accumulated other comprehensive loss (101,749) (80,946)
Treasury stock at cost (61,937 and 62,436 shares) (4,847,545) (4,886,917)
Total stockholders’ investment 1,510,441 1,418,697
Total liabilities and stockholders’ investment $ 5,512,346 $ 5,225,280