XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents $ 201,474 $ 212,583
Accounts Receivable, after Allowance for Credit Loss, Current 3,283,522 2,957,613
Accounts and Other Receivables, Net, Current 358,181 375,885
Inventories, net 2,881,256 2,666,219
Prepaid expenses and other current assets 154,536 137,811
Assets, Current 6,878,969 6,350,111
Property, buildings and equipment, net of accumulated depreciation of $229,041 and $213,758 in 2014 and 2013, respectively 376,593 379,012
Operating Lease, Right-of-Use Asset 564,738 530,863
Intangible assets, net 1,922,265 1,944,141
Goodwill 3,222,538 3,208,333
Other assets 219,930 205,239
Assets 13,185,033 12,617,699
Accounts payable 2,341,137 2,140,251
Accrued payroll and benefit costs 184,307 314,962
Current portion of long-term debt 70,263 9,528
Other Liabilities, Current 666,426 585,067
Liabilities, Current 3,262,133 3,049,808
Total long-term debt 4,836,658 4,701,542
Operating Lease, Liability, Noncurrent 445,867 414,248
Deferred Income Tax Liabilities, Net 434,651 437,444
Other Liabilities, Noncurrent 238,246 238,446
Liabilities 9,217,555 8,841,488
Commitments and Contingencies
Additional capital 1,970,401 1,969,332
Retained earnings $ 3,163,445 $ 3,004,690
Treasury stock, shares (in shares) 22,027,780 22,026,922
Treasury stock, at cost; 22,027,780 and 22,026,922 shares in 2022 and 2021, respectively $ (956,775) $ (956,188)
Accumulated other comprehensive income (204,395) (236,035)
Total WESCO International, Inc. stockholders' equity 3,973,403 3,782,524
Noncontrolling interest (5,925) (6,313)
Total stockholders’ equity 3,967,478 3,776,211
Liabilities and Equity $ 13,185,033 $ 12,617,699
Preferred Stock    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 20,000,000 20,000,000
Preferred stock, shares outstanding (in shares) 0 0
Preferred stock, shares issued (in shares) 0 0
Preferred stock, $.01 par value; 20,000,000 shares authorized, no shares issued or outstanding $ 0 $ 0
Series A Preferred Stock [Member]    
Preferred stock, par value (in dollars per share) $ 0.01  
Preferred stock, shares authorized (in shares) 25,000  
Preferred stock, shares outstanding (in shares) 21,612  
Preferred stock, shares issued (in shares) 21,612 21,612
Preferred stock, $.01 par value; 20,000,000 shares authorized, no shares issued or outstanding $ 0 $ 0
Common Stock [Member]    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 210,000,000 210,000,000
Common stock, shares, issued (in shares) 68,398,261 68,162,297
Common stock, shares outstanding (in shares) 50,709,912 50,474,806
Common stock $ 684 $ 682
Common Class B [Member]    
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 20,000,000 20,000,000
Common stock, shares, issued (in shares) 4,339,431 4,339,431
Common stock, shares outstanding (in shares) 0 0
Common stock $ 43 $ 43