Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 32,028 $ 45,822
Accounts receivable, less allowance of $3,314 in 2023 and $3,158 in 2022 201,385 221,028
Other current assets 24,381 37,465
Total current assets 257,794 304,315
Property and equipment, net of accumulated depreciation and amortization of $226,026 in 2023 and $220,669 in 2022 252,932 249,080
Operating lease right-of-use assets 150,282 141,865
Goodwill 356,627 306,184
Other acquired intangibles, net of accumulated amortization of $127,786 in 2023 and $123,325 in 2022 155,726 154,801
Other assets 53,205 51,831
Total assets 1,226,566 1,208,076
Current liabilities:    
Accounts payable 42,994 54,601
Accrued expenses 52,807 54,291
Other current liabilities 6,207 3,956
Current portion of debt and finance lease obligations 11,619 9,444
Current portion of operating lease liabilities 52,143 47,106
Total current liabilities 165,770 169,398
Finance lease obligations, less current portion 18,328 15,844
Long-term debt, less current portion and debt issuance costs 150,681 106,588
Operating lease liabilities, less current portion 102,697 98,865
Other long-term liabilities 50,507 59,044
Deferred income taxes 52,950 51,093
Shareholders’ equity:    
Preferred stock, $0.01 par value: Authorized shares - 5,000,000; no shares issued or outstanding in 2023 and 2022 0 0
Common stock, $0.01 par value: Authorized shares - 50,000,000; issued and outstanding shares - 26,052,877 in 2023 and 26,461,293 in 2022 261 265
Additional paid-in capital 274,007 270,855
Retained earnings 411,365 436,124
Total shareholders’ equity 685,633 707,244
Total liabilities and shareholders’ equity $ 1,226,566 $ 1,208,076