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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 145,762 $ 145,524
Receivables, net of allowance for credit loss of $13,285 and $14,229 2,383,709 2,381,963
Contract assets, net of allowance for credit loss 200,332 189,900
Prepaid expenses and other 102,166 163,307
Assets held for sale 137,634 0
Total current assets 2,969,603 2,880,694
Property and equipment 404,065 437,458
Accumulated depreciation and amortization (276,876) (292,740)
Net property and equipment 127,189 144,718
Goodwill 1,428,965 1,473,600
Other intangible assets, net of accumulated amortization of $51,375 and $58,437 28,193 43,662
Right-of-use lease assets 334,738 353,890
Deferred tax assets 300,909 214,619
Other assets 108,329 114,097
Total assets 5,297,926 5,225,280
Current liabilities:    
Accounts payable 1,178,335 1,303,951
Outstanding checks 33,797 66,383
Accrued expenses:    
Compensation 180,801 135,104
Transportation expense 153,274 147,921
Income taxes 9,326 4,748
Other accrued liabilities 173,318 159,435
Current lease liabilities 72,842 74,451
Current portion of debt 455,792 160,000
Liabilities held for sale 67,413 0
Total current liabilities 2,324,898 2,051,993
Long-term debt 921,857 1,420,487
Noncurrent lease liabilities 290,641 297,563
Noncurrent income taxes payable 23,472 21,289
Deferred tax liabilities 12,565 13,177
Other long-term liabilities 2,442 2,074
Total liabilities 3,575,875 3,806,583
Commitments and contingencies
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, 118,664 and 116,768 outstanding 11,866 11,677
Additional paid-in capital 775,054 754,093
Retained earnings 5,786,337 5,620,790
Accumulated other comprehensive loss (110,402) (80,946)
Treasury stock at cost (60,535 and 62,436 shares) (4,740,804) (4,886,917)
Total stockholders’ investment 1,722,051 1,418,697
Total liabilities and stockholders’ investment $ 5,297,926 $ 5,225,280