 |
| DECEMBER 31, |
|
2001 |
|
2000 |
|
|
|
|
|
|
|
| CURRENT ASSETS: |
|
|
|
|
|
| Cash and cash equivalents |
$ |
218,677 |
|
169,005 |
|
| Short-term investments |
|
57 |
|
1,884 |
|
| Accounts receivable, less allowance for doubtful accounts |
|
|
|
|
|
| |
of $10,410 in 2001 and $11,825 in 2000 |
|
283,414 |
|
347,114 |
|
| Other |
|
9,109 |
|
4,782 |
|
| |
|
|
|
|
|
| |
Total current assets |
|
511,257 |
|
522,785 |
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| PROPERTY AND EQUIPMENT: |
|
|
|
|
|
| Buildings and leasehold improvements |
|
89,179 |
|
77,726 |
|
| Furniture, fixtures, and equipment |
|
111,585 |
|
92,277 |
|
| Vehicles |
|
3,685 |
|
4,669 |
|
| |
|
|
|
|
|
| |
|
204,449 |
|
174,672 |
|
| Less accumulated depreciation and amortization |
|
100,611 |
|
83,640 |
|
| |
|
|
|
|
|
| |
|
103,838 |
|
91,032 |
|
| Land |
|
20,007 |
|
15,615 |
|
| |
|
|
|
|
|
| Net property and equipment |
|
123,845 |
|
106,647 |
|
| Deferred Federal and state income taxes |
|
12,156 |
|
8,830 |
|
| Other assets, net |
|
41,179 |
|
23,478 |
|
| |
|
|
|
|
|
| |
$ |
688,437 |
|
661,740 |
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| CURRENT LIABILITIES: |
|
|
|
|
|
| Short-term debt |
$ |
1,706 |
|
4,671 |
|
| Accounts payable |
|
195,826 |
|
229,534 |
|
| Accrued expenses, primarily salaries and related costs |
|
59,843 |
|
42,801 |
|
| Deferred Federal and state income taxes |
|
7,651 |
|
5,699 |
|
| Federal, state, and foreign income taxes |
|
8,788 |
|
17,251 |
|
| |
|
|
|
|
|
| |
Total current liabilities |
|
273,814 |
|
299,956 |
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| SHAREHOLDERS' EQUITY: |
|
|
|
|
|
| Preferred stock, par value $.01 per share |
|
|
|
|
|
| |
Authorized 2,000,000 shares; none issued |
|
— |
|
— |
|
| Common stock, |
|
|
|
|
|
| |
par value $.01 per share |
|
|
|
|
|
| |
Authorized 160,000,000 shares; |
|
|
|
|
|
| |
issued and outstanding 51,611,854 |
|
|
|
|
|
| |
shares at December 31, 2001 and 51,451,163 |
|
|
|
|
|
| |
shares at December 31, 2000 |
|
516 |
|
515 |
|
| Additional paid-in capital |
|
16,104 |
|
37,386 |
|
| Retained earnings |
|
411,992 |
|
333,049 |
|
| Accumulated other comprehensive loss |
|
(13,989 |
) |
(9,166 |
) |
| |
|
|
|
|
|
| |
Total shareholders' equity |
|
414,623 |
|
361,784 |
|
| |
|
|
|
|
|
| Commitments and contingencies |
|
|
|
|
|
| |
$ |
688,437 |
|
661,740 |
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| See accompanying notes to consolidated financial statements. |
|
|
|
|
|
|
