Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 18,281 $ 45,822
Accounts receivable, less allowance of $2,882 in 2023 and $3,158 in 2022 175,968 221,028
Other current assets 21,538 37,465
Total current assets 215,787 304,315
Property and equipment, net of accumulated depreciation and amortization of $233,153 in 2023 and $220,669 in 2022 260,663 249,080
Operating lease right-of-use assets 144,847 141,865
Goodwill 356,763 306,184
Other acquired intangibles, net of accumulated amortization of $132,294 in 2023 and $123,325 in 2022 151,218 154,801
Other assets 55,295 51,831
Total assets 1,184,573 1,208,076
Current liabilities:    
Accounts payable 37,085 54,601
Accrued expenses 53,265 54,291
Other current liabilities 12,112 3,956
Current portion of debt and finance lease obligations 13,963 9,444
Current portion of operating lease liabilities 52,801 47,106
Total current liabilities 169,226 169,398
Finance lease obligations, less current portion 23,461 15,844
Long-term debt, less current portion and debt issuance costs 119,766 106,588
Operating lease liabilities, less current portion 96,799 98,865
Other long-term liabilities 48,437 59,044
Deferred income taxes 53,275 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 - 25,785,593 in 2023 and 26,461,293 in 2022 258 265
Additional paid-in capital 277,593 270,855
Retained earnings 395,758 436,124
Total shareholders’ equity 673,609 707,244
Total liabilities and shareholders’ equity $ 1,184,573 $ 1,208,076