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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net income $ 121,100 $ 110,900
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization of property and equipment 28,000 25,400
Amortization of operating lease right-of-use assets 16,300 14,400
Amortization of intangibles 21,200 22,700
Amortization of deferred financing costs and debt discount 800 1,000
Provision for credit losses 3,100 3,200
Write-off of debt issuance costs 1,100 0
Gain on sale of property and equipment (1,200) (1,200)
Non-cash stock compensation 8,700 7,100
Asset impairment 4,900 0
Other, net (6,800) (5,500)
Changes in assets and liabilities, excluding effects of acquisitions    
Accounts receivable (18,400) (17,500)
Inventories (11,400) 14,700
Other assets 5,100 4,900
Accounts payable (1,600) (16,300)
Income taxes receivable/payable (600) (4,800)
Other liabilities (6,500) (20,900)
Net cash provided by operating activities 163,800 138,100
Cash flows from investing activities    
Purchases of property and equipment (42,600) (28,300)
Acquisitions of businesses, net of cash acquired of $— in 2024 and 2023, respectively (22,700) (40,200)
Proceeds from sale of property and equipment 1,800 1,500
Settlements with interest rate swap counterparties 9,000 7,800
Other (700) (300)
Net cash used in investing activities (55,200) (59,500)
Cash flows from financing activities    
Proceeds from Term Loan 142,900 0
Payments on Term Loan (134,200) (2,500)
Proceeds from vehicle and equipment notes payable 15,000 18,300
Debt issuance costs (1,500) 0
Principal payments on long-term debt (15,500) (14,800)
Principal payments on finance lease obligations (1,500) (1,400)
Dividends paid (65,200) (44,500)
Acquisition-related obligations (1,000) (2,200)
Repurchase of common stock (45,700) 0
Surrender of common stock awards by employees (8,100) (5,900)
Net cash used in financing activities (114,800) (53,000)
Net change in cash and cash equivalents (6,200) 25,600
Cash and cash equivalents at beginning of period 386,500 229,600
Cash and cash equivalents at end of period 380,300 255,200
Supplemental disclosures of cash flow information    
Interest 21,900 20,800
Income taxes, net of refunds 42,700 44,100
Supplemental disclosure of non-cash activities    
Right-of-use assets obtained in exchange for operating lease obligations 23,600 14,700
Property and equipment obtained in exchange for finance lease obligations 1,800 2,200
Seller obligations in connection with acquisition of businesses 2,200 7,700
Unpaid purchases of property and equipment included in accounts payable $ 2,700 $ 4,900