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Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Summary of Revenue Disaggregated by Reportable Operating Segments

In the following table, revenue is disaggregated by our reportable operating segments, which are primarily defined by their related geographies, as well as by major product offering, by major client group and by recognition on either a gross basis as a principal in the arrangement, or on a net basis as an agent, for the three and six months ended June 30, 2025 and 2024 (in thousands):

			Three Months Ended June 30, 2025
			North America						EMEA						APAC						Consolidated
Major Offerings
Hardware			$	1,073,904					$	108,450					$	8,677					$	1,191,031
Software			300,708						151,880						21,671						474,259
Services			309,692						88,284						28,216						426,192
			$	1,684,304					$	348,614					$	58,564					$	2,091,482
Major Client Groups
Large Enterprise / Corporate			$	1,131,846					$	255,107					$	22,128					$	1,409,081
Commercial			390,934						5,460						19,175						415,569
Public Sector			161,524						88,047						17,261						266,832
			$	1,684,304					$	348,614					$	58,564					$	2,091,482
Revenue Recognition based on acting as Principal or Agent in the Transaction
Gross revenue recognition (Principal)			$	1,547,975					$	303,028					$	49,428					$	1,900,431
Net revenue recognition (Agent)			136,329						45,586						9,136						191,051
			$	1,684,304					$	348,614					$	58,564					$	2,091,482

			Three Months Ended June 30, 2024
			North America						EMEA						APAC						Consolidated
Major Offerings
Hardware			$	1,037,523					$	125,074					$	10,044					$	1,172,641
Software			365,209						167,182						21,403						553,794
Services			329,625						76,617						28,985						435,227
			$	1,732,357					$	368,873					$	60,432					$	2,161,662
Major Client Groups
Large Enterprise / Corporate			$	1,189,407					$	271,772					$	23,867					$	1,485,046
Commercial			359,940						7,788						17,347						385,075
Public Sector			183,010						89,313						19,218						291,541
			$	1,732,357					$	368,873					$	60,432					$	2,161,662
Revenue Recognition based on acting as Principal or Agent in the Transaction
Gross revenue recognition (Principal)			$	1,586,437					$	329,126					$	48,301					$	1,963,864
Net revenue recognition (Agent)			145,920						39,747						12,131						197,798
			$	1,732,357					$	368,873					$	60,432					$	2,161,662

			Six Months Ended June 30, 2025
			North America						EMEA						APAC						Consolidated
Major Offerings
Hardware			$	2,080,198					$	237,314					$	15,035					$	2,332,547
Software			697,441						290,176						52,926						1,040,543
Services			607,308						163,952						50,688						821,948
			$	3,384,947					$	691,442					$	118,649					$	4,195,038
Major Client Groups
Large Enterprise / Corporate			$	2,292,428					$	507,333					$	41,721					$	2,841,482
Commercial			784,147						17,597						37,895						839,639
Public Sector			308,372						166,512						39,033						513,917
			$	3,384,947					$	691,442					$	118,649					$	4,195,038
Revenue Recognition based on acting as Principal or Agent in the Transaction
Gross revenue recognition (Principal)			$	3,121,025					$	611,013					$	102,042					$	3,834,080
Net revenue recognition (Agent)			263,922						80,429						16,607						360,958
			$	3,384,947					$	691,442					$	118,649					$	4,195,038

			Six Months Ended June 30, 2024
			North America						EMEA						APAC						Consolidated
Major Offerings
Hardware			$	2,028,589					$	261,388					$	17,391					$	2,307,368
Software			960,449						370,434						52,139						1,383,022
Services			648,141						149,892						52,724						850,757
			$	3,637,179					$	781,714					$	122,254					$	4,541,147
Major Client Groups
Large Enterprise / Corporate			$	2,556,710					$	580,070					$	46,035					$	3,182,815
Commercial			717,229						16,701						32,410						766,340
Public Sector			363,240						184,943						43,809						591,992
			$	3,637,179					$	781,714					$	122,254					$	4,541,147
Revenue Recognition based on acting as Principal or Agent in the Transaction
Gross revenue recognition (Principal)			$	3,348,682					$	710,208					$	100,825					$	4,159,715
Net revenue recognition (Agent)			288,497						71,506						21,429						381,432
			$	3,637,179					$	781,714					$	122,254					$	4,541,147

Summary of Financial Information about Reportable Operating Segments

The following tables present our results of operations by reportable operating segment for the periods indicated (in thousands):

			Three Months Ended June 30, 2025
			North America						EMEA						APAC						Consolidated
Net sales:
Hardware			$	1,073,904					$	108,450					$	8,677					$	1,191,031
Software			300,708						151,880						21,671						474,259
Services			309,692						88,284						28,216						426,192
Total net sales			1,684,304						348,614						58,564						2,091,482
Costs of goods sold:
Hardware			936,777						92,819						7,453						1,037,049
Software			281,084						143,132						19,512						443,728
Services			124,751						30,229						13,398						168,378
Total costs of goods sold			1,342,612						266,180						40,363						1,649,155
Gross profit			341,692						82,434						18,201						442,327
Operating expenses:
Significant selling and administrative expenses			231,735						61,443						11,124						304,302
Stock-based compensation			7,046						1,641						375						9,062
Adjusted earnings from operations			$	102,911					$	19,350					$	6,702					$	128,963

			Three Months Ended June 30, 2024
			North America						EMEA						APAC						Consolidated
Net sales:
Hardware			$	1,037,523					$	125,074					$	10,044					$	1,172,641
Software			365,209						167,182						21,403						553,794
Services			329,625						76,617						28,985						435,227
Total net sales			1,732,357						368,873						60,432						2,161,662
Costs of goods sold:
Hardware			907,560						104,807						8,781						1,021,148
Software			338,026						157,455						19,641						515,122
Services			132,664						27,469						11,894						172,027
Total costs of goods sold			1,378,250						289,731						40,316						1,708,297
Gross profit			354,107						79,142						20,116						453,365
Operating expenses:
Significant selling and administrative expenses			243,873						58,232						11,311						313,416
Stock-based compensation			6,805						1,694						358						8,857
Adjusted earnings from operations			$	103,429					$	19,216					$	8,447					$	131,092

			Six Months Ended June 30, 2025
			North America						EMEA						APAC						Consolidated
Net sales:
Hardware			$	2,080,198					$	237,314					$	15,035					$	2,332,547
Software			697,441						290,176						52,926						1,040,543
Services			607,308						163,952						50,688						821,948
Total net sales			3,384,947						691,442						118,649						4,195,038
Costs of goods sold:
Hardware			1,813,660						204,859						13,049						2,031,568
Software			658,516						274,068						48,451						981,035
Services			251,627						58,154						23,850						333,631
Total costs of goods sold			2,723,803						537,081						85,350						3,346,234
Gross profit			661,144						154,361						33,299						848,804
Operating expenses:
Significant selling and administrative expenses			457,327						120,771						21,482						599,580
Stock-based compensation			13,941						3,222						746						17,909
Adjusted earnings from operations			$	189,876					$	30,368					$	11,071					$	231,315

			Six Months Ended June 30, 2024
			North America						EMEA						APAC						Consolidated
Net sales:
Hardware			$	2,028,589					$	261,388					$	17,391					$	2,307,368
Software			960,449						370,434						52,139						1,383,022
Services			648,141						149,892						52,724						850,757
Total net sales			3,637,179						781,714						122,254						4,541,147
Costs of goods sold:
Hardware			1,769,850						223,066						15,141						2,008,057
Software			902,409						349,268						48,120						1,299,797
Services			260,970						55,205						22,825						339,000
Total costs of goods sold			2,933,229						627,539						86,086						3,646,854
Gross profit			703,950						154,175						36,168						894,293
Operating expenses:
Significant selling and administrative expenses			484,673						117,783						22,095						624,551
Stock-based compensation			13,064						3,162						674						16,900
Adjusted earnings from operations			$	206,213					$	33,230					$	13,399					$	252,842

Summary of Total Assets by Reportable Operating Segment

The following is a summary of our total assets by reportable operating segment (in thousands):

			June 30, 2025						December 31, 2024
North America			$	6,828,376					$	6,704,511
EMEA			2,520,890						1,484,341
APAC			255,776						190,678
Corporate assets and intercompany eliminations, net			(876,276)						(930,952)
Total assets			$	8,728,766					$	7,448,578

Summary of Pre-Tax Depreciation and Amortization by Operating Segment

We recorded the following pre-tax amounts, by reportable operating segment, for depreciation and amortization in the accompanying consolidated financial statements (in thousands):

			Three Months Ended June 30,												Six Months Ended June 30,
			2025						2024						2025						2024
Depreciation and amortization of property and equipment:
North America			$	6,099					$	6,170					$	12,376					$	12,243
EMEA			1,063						900						1,920						1,657
APAC			102						138						199						269
			7,264						7,208						14,495						14,169
Amortization of intangible assets:
North America			16,817						15,588						33,621						28,734
EMEA			1,851						1,660						3,595						3,330
APAC			—						109						—						218
			18,668						17,357						37,216						32,282
Total			$	25,932					$	24,565					$	51,711					$	46,451

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