v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 355,672 $ 157,674
Accounts receivable, net 628,280 641,775
Other receivables 66,428 74,746
Prepaid expenses and other current assets 76,369 64,066
Total Current Assets 1,126,749 938,261
Property and equipment, net 1,133,849 990,580
Operating lease right-of-use assets 3,000,426 2,994,519
Insurance subsidiary deposits and investments 80,300 66,258
Escrow funds 24,418 25,122
Goodwill and other indefinite-lived assets 68,061 67,061
Other assets 193,089 161,108
Total Assets 5,626,892 5,242,909
Current Liabilities:    
Accounts payable 205,479 175,062
Accrued payroll and benefits 252,539 146,177
Current operating lease liabilities 150,651 136,232
Current maturities of long-term debt 7,474 14,852
Current portion of accrued self-insurance liabilities 120,914 75,966
Line of credit 100,000 142,000
Refund liability 181,133 145,795
Other accrued expenses 179,431 142,348
Total Current Liabilities 1,197,621 978,432
Long-term operating lease liabilities 2,962,999 2,935,773
Long-term debt, less current maturities, net of deferred financing fees 245,903 250,984
Accrued self-insurance liabilities, less current portion 177,480 164,979
Other liabilities 165,973 197,050
Total Liabilities 4,749,976 4,527,218
Commitments and contingencies (Note 13)
Equity:    
Common stock: $0.001 par value; 1,250,000,000 shares authorized; 156,615,144 shares issued and outstanding as of September 30, 2025, and 155,177,511 shares issued and outstanding as of December 31, 2024 157 155
Additional paid-in capital 621,288 591,363
Retained earnings 249,877 118,036
Total stockholders' equity 871,322 709,554
Noncontrolling interest in subsidiary 5,594 6,137
Total Equity 876,916 715,691
Total Liabilities and Equity $ 5,626,892 $ 5,242,909

Source

10-Q PDF
XBRL