v3.24.0.1
Equity Method Investments (Tables)
 12 Months Ended
Dec. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]  
Summary of Combined Balance Sheet Information
The following tables summarize combined balance sheet and income statement information for investments accounted for under the equity method:
 December 31,
 20232022
 (In thousands)
Current assets$555,364 $566,076 
Noncurrent assets1,933 445 
Total Assets$557,297 $566,521 
Total Liabilities$307,562 $292,081 
Owners' equity249,735 274,440 
Total Liabilities and Owners' Equity$557,297 $566,521 
Summary of Combined Income Statement Information
 Year Ended December 31,
 202320222021
 (In thousands)
Revenues$5,334,822 $4,580,032 $4,254,635 
Gross profit$185,345 $176,592 $159,935 
Net income$181,981 $173,339 $156,994 
Reconciliation of Net Income to Equity in Income
Reconciliations of net income per combined income statement information of our investees to equity in income of investees per our consolidated statements of income are as follows:
 Year Ended December 31,
 202320222021
 (In thousands)
Equity income based on stated ownership percentages
$50,595 $46,784 $31,870 
GAAP and other adjustments212 (811)1,628 
Equity in income of investees
$50,807 $45,973 $33,498 
Schedule of Transactions with Unconsolidated Affiliates
Our transactions with unconsolidated affiliates were as follows:
 Year Ended December 31,
 202320222021
 (In thousands)
Sales to$18,530 $19,857 $11,838 
Dividends received$61,937 $42,512 $20,475 
Capital contributions, net of returns$— $11,450 $—