Insight Enterprises (NSIT) 10-K22 Feb 242023 FY Annual reportFinancial data

Company Profile

Cover

Cover - USD ($)	12 Months Ended
Cover - USD ($)	Dec. 31, 2023	Feb. 16, 2024	Jun. 30, 2023
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	0-25092
Entity Registrant Name	INSIGHT ENTERPRISES, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	86-0766246
Entity Address, Address Line One	2701 E. Insight Way
Entity Address, City or Town	Chandler
Entity Address, State or Province	AZ
Entity Address, Postal Zip Code	85286
City Area Code	480
Local Phone Number	333-3000
Title of 12(b) Security	Common stock, par value $0.01
Trading Symbol	NSIT
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 4,070,368,369
Entity Common Stock, Shares Outstanding		32,590,162
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE
Entity Central Index Key	0000932696
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Amendment Flag	false

Audit Information

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2023
Auditor Information [Abstract]
Auditor Name	KPMG LLP
Auditor Location	Phoenix, AZ
Auditor Firm ID	185

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 268,730	$ 163,637
Accounts receivable, net	3,568,290	3,272,371
Inventories	184,605	265,154
Contract assets, net	120,518	7,909
Other current assets	189,158	191,597
Total current assets	4,331,301	3,900,668
Long-term contract assets, net	132,780	0
Property and equipment, net	210,061	204,260
Goodwill	684,345	493,033
Intangible assets, net	369,687	204,998
Long-term accounts receivable	412,666	160,818
Other assets	145,510	148,804
Total assets	6,286,350	5,112,581
Current liabilities:
Accounts payable—trade	2,255,183	1,785,076
Accounts payable—inventory financing facilities	231,850	301,314
Accrued expenses and other current liabilities	538,346	433,789
Current portion of long-term debt	348,004	346,228
Total current liabilities	3,373,383	2,866,407
Long-term debt	592,517	291,672
Deferred income taxes	27,588	32,844
Long-term accounts payable	353,794	127,004
Other liabilities	203,335	156,586
Total liabilities	4,550,617	3,474,513
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value, 3,000 shares authorized; no shares issued	0	0
Common stock, $0.01 par value, 100,000 shares authorized; 32,590 and 34,009 shares issued and outstanding in 2023 and 2022, respectively	326	340
Additional paid-in capital	328,607	327,872
Retained earnings	1,448,412	1,368,658
Accumulated other comprehensive loss – foreign currency translation adjustments	(41,612)	(58,802)
Total stockholders’ equity	1,735,733	1,638,068
Total liabilities and stockholders' equity	$ 6,286,350	$ 5,112,581

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	3,000,000	3,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, pare value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	32,590,000	34,009,000
Common stock, shares outstanding (in shares)	32,590,000	34,009,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net sales:
Total net sales	$ 9,175,840	$ 10,431,191	$ 9,436,113
Costs of goods sold:
Total costs of goods sold	7,506,315	8,794,624	7,988,556
Gross profit	1,669,525	1,636,567	1,447,557
Operating expenses:
Selling and administrative expenses	1,236,243	1,216,660	1,117,130
Severance and restructuring expenses, net	6,091	4,235	(1,634)
Acquisition and integration related expenses	7,396	1,972	0
Earnings from operations	419,795	413,700	332,061
Non-operating (income) expense:
Interest expense, net	41,124	39,497	40,516
Other expense (income), net	817	(230)	(1,012)
Earnings before income taxes	377,854	374,433	292,557
Income tax expense	96,545	93,825	73,212
Net earnings	$ 281,309	$ 280,608	$ 219,345
Net earnings per share:
Basic (in dollars per share)	$ 8.53	$ 8.04	$ 6.27
Diluted (in dollars per share)	$ 7.55	$ 7.66	$ 5.95
Shares used in per share calculations:
Basic (in shares)	32,991	34,903	35,011
Diluted (in shares)	37,241	36,620	36,863
Products
Net sales:
Total net sales	$ 7,631,388	$ 8,947,787	$ 8,120,127
Costs of goods sold:
Total costs of goods sold	6,859,178	8,111,252	7,380,908
Gross profit	772,210	836,535	739,219
Services
Net sales:
Total net sales	1,544,452	1,483,404	1,315,986
Costs of goods sold:
Total costs of goods sold	647,137	683,372	607,648
Gross profit	$ 897,315	$ 800,032	$ 708,338

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net earnings	$ 281,309	$ 280,608	$ 219,345
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	17,190	(31,708)	(11,639)
Total comprehensive income	$ 298,499	$ 248,900	$ 207,706

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Treasury Stock	Additional Paid-in Capital	Additional Paid-in Capital Cumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Loss	Retained Earnings	Retained Earnings Cumulative Effect, Period of Adoption, Adjustment
Common stock, beginning balance (in shares) at Dec. 31, 2020			35,103
Treasury stock, beginning balance (in shares) at Dec. 31, 2020				0
Beginning balance at Dec. 31, 2020	$ 1,342,429		$ 351	$ 0	$ 364,288		$ (15,455)	$ 993,245
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock under employee stock plans, net of shares withheld for payroll taxes (in shares)			291
Issuance of common stock under employee stock plans, net of shares withheld for payroll taxes	(9,109)		$ 3		(9,112)
Stock-based compensation expense	18,201				18,201
Repurchase of treasury stock (in shares)				(497)
Repurchase of treasury stock	(50,000)			$ (50,000)
Retirement of treasury stock (in shares)			(497)	497
Retirement of treasury stock	0		$ (5)	$ 50,000	(5,095)			(44,900)
Foreign currency translation adjustments, net of tax	(11,639)
Net earnings	219,345							219,345
Common stock, ending balance (in shares) at Dec. 31, 2021			34,897
Treasury stock, ending balance (in shares) at Dec. 31, 2021				0
Ending balance at Dec. 31, 2021	$ 1,509,227	$ (26,942)	$ 349	$ 0	368,282	$ (44,731)	(27,094)	1,167,690	$ 17,789
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible Enumeration]	Accounting Standards Update 2020-06
Issuance of common stock under employee stock plans, net of shares withheld for payroll taxes (in shares)			220
Issuance of common stock under employee stock plans, net of shares withheld for payroll taxes	$ (7,905)		$ 2		(7,907)
Stock-based compensation expense	22,710				22,710
Repurchase of treasury stock (in shares)				(1,109)
Repurchase of treasury stock	(107,922)			$ (107,922)
Retirement of treasury stock (in shares)			(1,108)	1,109
Retirement of treasury stock	0		$ (11)	$ 107,922	(10,482)			(97,429)
Foreign currency translation adjustments, net of tax	(31,708)						(31,708)
Net earnings	$ 280,608							280,608
Common stock, ending balance (in shares) at Dec. 31, 2022	34,009		34,009
Treasury stock, ending balance (in shares) at Dec. 31, 2022				0
Ending balance at Dec. 31, 2022	$ 1,638,068		$ 340	$ 0	327,872		(58,802)	1,368,658
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock under employee stock plans, net of shares withheld for payroll taxes (in shares)			215
Issuance of common stock under employee stock plans, net of shares withheld for payroll taxes	(10,795)		$ 2		(10,797)
Stock-based compensation expense	28,951				28,951
Repurchase of treasury stock (in shares)				(1,634)
Repurchase of treasury stock	(217,108)			$ (217,108)
Retirement of treasury stock (in shares)			(1,634)	1,634
Retirement of treasury stock	0		$ (16)	$ 217,108	(15,537)			(201,555)
Excise tax on stock repurchases	(1,882)				(1,882)
Foreign currency translation adjustments, net of tax	17,190						17,190
Net earnings	$ 281,309							281,309
Common stock, ending balance (in shares) at Dec. 31, 2023	32,590		32,590
Treasury stock, ending balance (in shares) at Dec. 31, 2023				0
Ending balance at Dec. 31, 2023	$ 1,735,733		$ 326	$ 0	$ 328,607		$ (41,612)	$ 1,448,412

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net earnings	$ 281,309	$ 280,608	$ 219,345
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	62,476	56,614	55,421
Provision for losses on accounts receivable	6,879	6,066	7,862
Non-cash stock-based compensation	28,951	22,710	18,201
Deferred income taxes	(13,080)	(9,251)	11,858
Amortization of debt issuance costs	4,870	6,105	16,875
Other adjustments	(1,583)	2,035	(3,259)
Changes in assets and liabilities:
Increase in accounts receivable	(11,892)	(406,370)	(289,009)
Decrease (increase) in inventories	75,729	53,711	(148,941)
Increase in contract assets	(13,840)	(3,152)	(4,757)
(Increase) decrease in long-term accounts receivable	(126,850)	(17,015)	11,750
Decrease (increase) in other assets	34,061	48,025	(25,093)
Increase in accounts payable	216,229	53,607	303,395
Increase (decrease) in long-term accounts payable	111,790	7,931	(18,454)
Increase (Decrease) in Accrued Liabilities	(35,518)	(3,518)	8,517
Net cash provided by operating activities:	619,531	98,106	163,711
Cash flows from investing activities:
Proceeds from sale of assets	15,515	1,346	31,005
Purchases of property and equipment	(39,252)	(70,939)	(52,079)
Acquisitions, net of cash and cash equivalents acquired	(481,464)	(68,248)	0
Net cash used in investing activities:	(505,201)	(137,841)	(21,074)
Cash flows from financing activities:
Net repayments under inventory financing facilities	(70,408)	(8,307)	(14,355)
Repurchases of common stock	(217,108)	(107,922)	(50,000)
Earnout and acquisition related payments	(15,615)	0	0
Other payments	(13,141)	(14,466)	(10,030)
Net cash (used in) provided by financing activities:	(16,712)	114,007	(161,385)
Foreign currency exchange effect on cash, cash equivalents and restricted cash balances	7,449	(14,531)	(5,857)
Increase in cash, cash equivalents and restricted cash	105,067	59,741	(24,605)
Cash, cash equivalents and restricted cash at beginning of period	165,718	105,977	130,582
Cash, cash equivalents and restricted cash at end of period	270,785	165,718	105,977
ABL revolving credit facility
Cash flows from financing activities:
Borrowings on ABL revolving credit facility	4,587,596	4,678,212	3,953,496
Repayments on ABL revolving credit facility	$ (4,288,036)	$ (4,433,510)	$ (4,040,496)

Operations and Summary of Signi

Operations and Summary of Significant Accounting Policies	12 Months Ended
Operations and Summary of Significant Accounting Policies	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Operations and Summary of Significant Accounting Policies	Operations and Summary of Significant Accounting Policies Description of Business We help our clients accelerate their digital journey to modernize their businesses and maximize the value of technology. We serve these clients in North America; Europe, the Middle East and Africa (“EMEA”); and Asia-Pacific (“APAC”). As a Fortune 500-ranked solutions integrator, we enable secure, end-to-end digital transformation and meet the needs of our clients through a comprehensive portfolio of solutions, far-reaching partnerships and 35 years of broad IT expertise. We amplify our solutions and services with global scale, local expertise and our e-commerce experience, enabling our clients to realize their digital ambitions in multiple ways. Our company is organized in the following three operating segments, which are primarily defined by their related geographies: Operating Segment Geography North America United States ("U.S.") and Canada EMEA Europe, Middle East and Africa APAC Asia-Pacific Our offerings in North America and certain countries in EMEA and APAC include hardware, software and services, including cloud solutions. Our offerings in the remainder of our EMEA and APAC segments consist largely of software and certain software-related services and cloud solutions. Acquisitions Effective December 1, 2023, we acquired SADA Systems, LLC ("SADA"), a provider of cloud consultancy and technical services, for a preliminary cash purchase price of approximately $398,589,000, net of cash and cash equivalents acquired of $24,701,000 and excluding the estimated fair value of earn outs, reported in other liabilities, with a range of payouts through 2027 of $0 to $390,000,000. The acquisition was funded through a combination of cash on hand and borrowings under our senior secured revolving credit facility (the “ABL facility”). Effective August 17, 2023, we acquired Amdaris Group Limited (“Amdaris”), a software development and digital services specialist, for a preliminary cash purchase price, net of cash and cash equivalents acquired, of approximately $82,875,000, and excluding the estimated fair value of earn outs, reported in other liabilities, with a range of payouts through 2026 of $0 to $54,391,000. Effective June 1, 2022, we acquired Hanu Software Solutions, Inc. and Hanu Software Solutions (India) Private Ltd. (collectively, “Hanu”), a global leading cloud technology services and solutions provider, for a cash purchase price, net of cash and cash equivalents acquired, of approximately $68,248,000, excluding the earn out and hold backs for representations and warranties. Our results of operations include the results of Hanu, Amdaris and SADA from their respective acquisition dates. (See Note 20 for a discussion of our acquisitions). Principles of Consolidation and Presentation The consolidated financial statements include the accounts of Insight Enterprises, Inc. and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Included in our accounts receivable, net balance at December 31, 2023 and 2022 is $26,025,000 and $11,069,000, respectively, of accounts receivable from an unconsolidated affiliate. References to “the Company,” “Insight,” “we,” “us,” “our” and other similar words refer to Insight Enterprises, Inc. and its consolidated subsidiaries, unless the context suggests otherwise. Certain amounts in the prior year’s consolidated financial statements and related footnotes thereto have been reclassified to conform with the current year presentation. Acquisition Accounting The Company accounts for all business combinations using the acquisition method of accounting, which allocates the fair value of the purchase consideration to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values. The excess of the purchase consideration over the fair values of these identifiable assets and liabilities is recorded as goodwill. When determining the fair values of assets acquired and liabilities assumed, management makes estimates and assumptions. Initial purchase price allocations are subject to revision within the measurement period, not to exceed one year from the date of acquisition. Acquisition-related expenses and transaction costs associated with business combinations are expensed as incurred. Use of Estimates The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Additionally, these estimates and assumptions affect the reported amounts of net sales and expenses during the reporting period. Actual results could differ from those estimates. On an ongoing basis, we evaluate our estimates, including those related to sales recognition, anticipated achievement levels under partner funding programs, assumptions related to stock-based compensation valuation, allowances for doubtful accounts and contract assets, valuation of inventories, litigation-related obligations, valuation allowances for deferred tax assets and impairment of long-lived assets, including purchased intangibles and goodwill, if indicators of potential impairment exist. Cash, Cash Equivalents and Restricted Cash We consider all highly liquid investments with maturities at the date of purchase of three months or less to be cash equivalents. Book overdrafts represent the amount by which outstanding checks issued, but not yet presented to our banks for disbursement, exceed balances on deposit in applicable bank accounts and a legal right of offset with our positive cash balances in other financial institution accounts does not exist. Our book overdrafts, which are not directly linked to a credit facility or other bank overdraft arrangement, do not result in an actual bank financing, but rather constitute normal unpaid trade payables at the end of a reporting period. These amounts are included within our accounts payable balance in our consolidated balance sheets. The changes in these book overdrafts are included within the changes in accounts payable line item as a component of cash flows from operating activities in our consolidated statements of cash flows. Restricted cash generally includes any cash that is restricted as to withdrawal or usage. These amounts are included with cash and cash equivalents on the consolidated statement of cash flows. All cash receipts/payments with third parties directly to/from restricted cash accounts are reported as an operating, investing or financing cash flow, based on the nature of the transaction. Allowance for Doubtful Accounts Receivable We establish an allowance for doubtful accounts to reflect our best estimate of probable losses inherent in our accounts receivable balance. The allowance is based on our evaluation of the aging of the receivables, historical write-offs and the current economic environment. We write off individual accounts against the reserve when we no longer believe that it is probable that we will collect the receivable because we become aware of a client’s or partner’s inability to meet its financial obligations. Such awareness may be as a result of bankruptcy filings, or deterioration in the client’s or partner’s operating results or financial position. Allowance for Contract Assets We estimate our allowances for credit losses on contract assets using relevant available information from internal and external sources, related to past events, current conditions and reasonable and supportable forecasts. Historical credit loss experience provides the basis for the estimation of expected credit losses. Probability of default rates are published quarterly by third-party credit agencies. Adjustments to our initial credit risk ratings may take into account various customer specific factors, including estimated loss given default, the locations in which the customer is operating and macroeconomic conditions. These adjustments result in our internal risk rating categorization as low, moderate or high, as disclosed in Note 2. Inventories We state inventories, principally purchased IT hardware, at the lower of weighted average cost (which approximates cost under the first-in, first-out method) or net realizable value. We evaluate inventories for excess, obsolescence or other factors that may render inventories unmarketable at normal margins. Write-downs are recorded so that inventories reflect the approximate net realizable value and take into account contractual provisions with our partners governing price protection, stock rotation and return privileges relating to obsolescence. Because of the large number of transactions and the complexity of managing the price protection and stock rotation process, estimates are made regarding write-downs of the carrying amount of inventories. Additionally, assumptions about future demand, market conditions and decisions by manufacturers/publishers to discontinue certain products or product lines can affect our decision to write down inventories. Property and Equipment We record property and equipment at cost. We capitalize major improvements and betterments, while maintenance, repairs and minor replacements are expensed as incurred. Depreciation or amortization is provided using the straight-line method over the following estimated economic lives of the assets: Estimated Economic Life Leasehold improvements Shorter of underlying lease term or asset life Furniture and fixtures 2 – 7 years Equipment 3 – 5 years Software 3 – 10 years Buildings 29 years External direct costs of materials and services consumed in developing or obtaining internal-use computer software and payroll and payroll-related costs for teammates who are directly associated with and who devote time to internal-use computer software development projects, to the extent of the time spent directly on the project and specific to application development, are capitalized. Reviews are regularly performed to determine whether facts and circumstances exist which indicate that the economic life is shorter than originally estimated or the carrying amount of assets may not be recoverable. When an indication exists that the carrying amount of long-lived assets may not be recoverable, we assess the recoverability of our assets by comparing the projected undiscounted net cash flows associated with the related asset or group of assets over their remaining lives against their respective carrying amounts. Such impairment test is based on the lowest level for which identifiable cash flows are largely independent of the cash flows of other groups of assets and liabilities. Impairment, if any, is based on the excess of the carrying amount over the estimated fair value of those assets. Goodwill Goodwill is recorded when the purchase price paid for an acquisition exceeds the estimated fair value of net identified tangible and intangible assets acquired. Goodwill is tested for impairment at the reporting unit level on an annual basis in the fourth quarter and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of the reporting unit below its carrying value. We may first perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. If it is concluded that this is the case, it is necessary to perform a quantitative goodwill impairment test. Otherwise, the goodwill impairment test is not required. The quantitative goodwill impairment review process compares the fair value of the reporting unit in which goodwill resides to its carrying value. The Company has three reporting units, which are the same as our operating segments. Multiple valuation techniques would likely be used to assess the fair value of the reporting unit. These techniques include the use of estimates and assumptions that are inherently uncertain. Changes in these estimates and assumptions could materially affect the determination of fair value or goodwill impairment, or both. Intangible Assets We amortize finite lived intangible assets acquired in business combinations using the straight-line method over the estimated economic lives of the intangible assets from the date of acquisition. We regularly perform reviews to determine if facts and circumstances exist which indicate that the economic lives of our intangible assets are shorter than originally estimated or the carrying amount of these assets may not be recoverable. When an indication exists that the carrying amount of intangible assets may not be recoverable, we assess the recoverability of our assets by comparing the projected undiscounted net cash flows associated with the related asset or group of assets over their remaining lives against their respective carrying amounts. Such impairment test is based on the lowest level for which identifiable cash flows are largely independent of the cash flows of other groups of assets and liabilities. Impairment, if any, is based on the excess of the carrying amount over the estimated fair value of those assets. Long-term Accounts Receivable and Contract Assets We recognize long-term accounts receivable, including unbilled receivables, related to multi-year contracts when we have completed our performance obligations under the contract and where our right to receive consideration from the client is unconditional and based on the passage of time only. We recognize long-term contract assets related to multi-year contracts when we have completed our performance obligations under the contract but do not have an unconditional right to receive consideration. When our right to consideration is contingent upon other factors, such as a client consuming future services under the contract we recognize a contract asset until our right to receive consideration becomes unconditional. Leases We determine if a contract or arrangement is, or contains, a lease at inception. Balances related to operating leases are included in other assets, other current liabilities, and other liabilities in our consolidated balance sheet. Balances related to financing leases are included in property and equipment, current portion of long-term debt, and long-term debt in our consolidated balance sheet. Right of use (“ROU”) assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use the implicit rate when readily determinable. The operating lease ROU asset includes any prepaid lease payments and additional direct costs and excludes lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Self-Insurance We are self-insured in the U.S. for medical insurance up to certain annual stop-loss limits and workers’ compensation claims up to certain deductible limits. We establish reserves for claims, both reported and incurred but not reported, using currently available information as well as our historical claims experience. Treasury Stock We record repurchases of our common stock as treasury stock at cost. We also record the subsequent retirement of these treasury shares at cost. The excess of the cost of the shares retired over their par value is allocated between additional paid-in capital and retained earnings. The amount recorded as a reduction of paid-in capital is based on the excess of the average original issue price of the shares over par value. The remaining amount is recorded as a reduction of retained earnings. Sales Recognition Revenue is measured based on the consideration specified in a contract with a client, and excludes any sales incentives and amounts collected on behalf of third parties. The Company recognizes revenue when it satisfies a performance obligation by transferring control of a product or service or by arranging for the sale of a vendor’s products or service to a client. Taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction, that are collected by the Company from a client, are excluded from revenue. We record the freight we bill to our clients as product net sales and the related freight costs we pay as product costs of goods sold. Nature of Goods and Services We sell hardware and software products on both a stand-alone basis without any services and as solutions bundled with services. When we provide a combination of hardware and software products with the provision of services, we separately identify our performance obligations under our contract with the client as the distinct goods (hardware and/or software products) or services that will be provided. The total transaction price for an arrangement with multiple performance obligations is allocated at contract inception to each distinct performance obligation in proportion to its stand-alone selling price. The stand-alone selling price is the price at which we would sell a promised good or service separately to a client. We estimate the price based on observable inputs, including direct labor hours and allocable costs, or use observable stand-alone prices when they are available. Product Offerings Hardware We recognize hardware product revenue on a gross basis at the point in time when a client takes control of the hardware, which typically occurs when title and risk of loss have passed to the client at its destination. Our selling terms and conditions typically specify Free On Board (“F.O.B.”) destination contractual terms such that control is transferred from the Company at the point in time when the product is received by the client. The transaction price for hardware sales is adjusted for estimated product returns that we expect to occur under our return policy based upon historical return rates. We leverage drop-shipment arrangements with many of our partners and suppliers to deliver products to our clients without having to physically hold the inventory at our warehouses, thereby increasing efficiency and reducing costs. We recognize revenue for drop-shipment arrangements on a gross basis as the principal in the transaction when the product is received by the client because we control the product prior to transfer to the client. In addition to other factors considered, we assume primary responsibility for fulfillment in the arrangement, we assume inventory risk if the product is returned by the client, we set the price of the product charged to the client and we work closely with our clients to determine their hardware specifications. Bill and Hold Transactions We offer a service to our customers whereby clients may purchase product that we procure on their behalf and, at our clients’ direction, store the product in our warehouse for a designated period of time, with the intention of deploying the product to the clients’ designated locations at a later date. These warehousing services are designed to help our clients with inventory management challenges associated with technology roll-outs, product that is moving to end of life, or clients needing integrated stock available for immediate deployment. The client is invoiced, title transfers to the client, and revenue is recognized upon receipt of the product at our warehouse. These product contracts are non-cancelable with customary credit terms beginning the date the product is received in our warehouse and the warranty periods begin on the date of invoice. Software We recognize revenue from software sales on a gross basis at the point in time when the client acquires the right to use or copy software under license and control transfers to the client. For renewals, revenue is recognized upon the commencement of the software license agreement or when the renewal term begins, as applicable. A substantial portion of the software licenses we sell are perpetual software licenses and do not require renewal or extension after their initial purchase by the client. Such perpetual licenses are periodically subject to true-up, whereby additional perpetual licenses are sold under the client’s pre-existing master agreement. Such true-ups are generally sold in arrears, and clients are invoiced for the additional licenses they had already been utilizing. Since the client already possessed copies of the licensed software prior to the true-up, software revenue related to the underlying additional licenses is recognized when we agree to the true-up with our client and the partner. For sales transactions for certain security software products that are sold with integral third-party delivered software maintenance, we record the software license on a net basis, as the agent in the arrangement. Services Offerings Software Maintenance Software maintenance agreements provide our clients with the right to obtain any software upgrades, bug fixes and help desk and other support services directly from the software publisher at no additional charge during the term of the software maintenance agreements. We act as the software publisher’s agent in selling these software maintenance agreements and do not assume any performance obligation to the client under the agreements. As a result, we are the agent in these transactions and these sales are recorded on a net sales recognition basis. Under net sales recognition, the cost of the software maintenance agreement is recorded as a reduction to sales, resulting in net sales equal to the gross profit on the transaction, and there are no costs of goods sold. Because we are acting as the software publisher’s agent, revenue is recognized when the parties agree to the initial purchase, renewal or extension as our agency services are then complete. We report all fees earned from activities reported net within our services net sales category in our consolidated statements of operations. Vendor Direct Support Services Contracts Clients may purchase a vendor direct support services contract through us. Under these contracts, our clients call the manufacturer/publisher or its designated service organization directly for both the initial technical triage and any follow-up assistance. We act as the manufacturer/publisher’s agent in selling these support service contracts and do not assume any performance obligation to the client under the arrangements. As a result, these sales are recorded on a net sales recognition basis similar to software maintenance agreements, as discussed above. Because we are acting as the agent, revenue is recognized when the parties agree to the purchase of the support services contract as our agency services are then complete. Cloud / Software-as-a-Service Offerings Cloud or software-as-a-service (“SaaS”) subscription products provide our clients with access to software products hosted in the public cloud without the client taking possession of the software. We act as the agent in selling these software-as-a service subscription products. We do not take control of the software products or assume any performance obligations to the clients related to the provisioning of the offerings in the cloud. As a result, these sales are recorded on a net sales recognition basis. We report all fees earned from activities recognized net within our services net sales category in our consolidated statements of operations. Because we are acting as the agent in the transaction, revenue is recognized when the parties agree to the purchase of the cloud or SaaS offerings as our agency services are then complete. Often, these agency fees are based on end-client usage and therefore are variable throughout the term of the service contract. Where this variable consideration is uncertain, we recognize our agency revenue to the extent that a significant reversal will not occur. Insight Delivered Services We design, procure, deploy, implement and manage solutions that combine hardware, software and services to help businesses run smarter. Such services are provided by us or third-party sub-contract vendors as part of bundled arrangements, or are provided separately on a stand-alone basis as technical, consulting or managed services engagements. If the services are provided as part of a bundled arrangement with hardware and software, the hardware, software and services are generally distinct performance obligations. In general, we recognize revenue from services engagements as we perform the underlying services and satisfy our performance obligations. We recognize revenue from sales of services by measuring progress toward complete satisfaction of the related service performance obligation. Billings for such services that are made in advance of the related revenue recognized are recorded as a contract liability. Specific revenue recognition practices for certain of our services offerings are described in further detail below. Time and Materials Services Contracts We recognize revenue for professional services engagements that are on a time and materials basis based upon hours incurred for the performance completed to date for which we have the right to consideration, even if such amounts have not yet been invoiced as of period end. Fixed Fee Services Contracts We recognize revenue on fixed fee professional services contracts using a proportional performance method of revenue recognition based on the ratio of direct labor and other allocated costs incurred to total estimated direct labor and other allocated costs. OneCall Support Services Contracts When we sell certain hardware and/or software products to our clients, we also enter into service contracts with them. These contracts are support service agreements for the hardware and/or software products that were purchased from us. Under certain support services contracts, although we purchase third-party support contracts for maintenance on the specific hardware or software products we have sold, our internal support desk assists the client first by performing an initial technical triage to determine the source of the problem and whether we can direct the client on how to fix the problem. We refer to these services as “OneCall.” We act as the principal in the transaction because we perform the OneCall services over the term of the support service contract and we set the price of the service charged to the client. As a result, we recognize revenue from OneCall extended service contracts on a gross sales recognition basis. We recognize the revenue ratably over the contract term of the stand ready obligation, generally one to three years. On our consolidated balance sheet, a significant portion of our contract liabilities balance relates to OneCall support services agreements for which clients have paid or have been invoiced but for which we have not yet recognized the applicable services revenue. We also defer incremental direct costs to fulfill our service contracts that we prepay to third parties for direct support of our fulfillment of the service contract to our clients under our contract terms and amortize them into operations over the term of the contracts. Third-party Provided Services A majority of our third-party sub-contractor services contracts are entered into in conjunction with other services contracts under which the services are performed by Insight teammates. We have concluded that we control all services under the contract and can direct the third-party sub-contractor to provide the requested services. As such, we act as the principal in the transaction and record the services under a gross sales recognition basis, with the selling price being recorded in sales and our cost to the third-party service provider being recorded in costs of goods sold. For certain third-party service contracts in which we do not control the services prior to transferring to our clients because we are not responsible for fulfillment of the services, we have concluded that we are an agent in the transaction and record revenue on a net sales recognition basis. Costs of Goods Sold Costs of goods sold include product costs, direct costs incurred associated with delivering services, outbound and inbound freight costs and provisions for inventory reserves. These costs are reduced by provisions for supplier discounts and certain payments and credits received from partners, as described under “Partner Funding” below. Selling and Administrative Expenses Selling and administrative expenses include salaries and wages for teammates who are not directly associated with delivering services, bonuses and incentives, stock-based compensation expense, employee-related expenses, facility-related expenses, marketing and advertising expense, reduced by certain payments and credits received from partners related to shared marketing expense programs, as described under “Partner Funding” below, depreciation of property and equipment, professional fees, amortization of intangible assets, provisions for losses on accounts receivable and other operating expenses. Partner Funding We receive payments and credits from partners, including consideration pursuant to volume sales incentive programs, volume purchase incentive programs and shared marketing expense programs. Partner funding received pursuant to volume sales incentive programs is recognized as it is earned as a reduction to costs of goods sold. Partner funding received pursuant to volume purchase incentive programs is allocated as a reduction to inventories based on the applicable incentives earned from each partner and is recorded in cost of goods sold as the related inventory is sold. Partner funding received pursuant to shared marketing expense programs is recorded as it is earned as a reduction of the related selling and administrative expenses in the period the program takes place if the consideration represents a reimbursement of specific, incremental, identifiable costs. Consideration that exceeds the specific, incremental, identifiable costs is classified as a reduction of costs of goods sold. The amount of partner funding recorded as a reduction of selling and administrative expenses in our statements of operations totaled $122,638,000, 128,153,000 and 103,447,000 in 2023, 2022 and 2021, respectively. Concentrations of Risk Credit Risk Although we are affected by the international economic climate, management does not believe material credit risk concentration existed at December 31, 2023. We monitor our clients’ financial condition and do not require collateral. No single client accounted for more than 10% of our consolidated net sales in 2023. Partner Risk Purchases from Microsoft and TD Synnex accounted for approximately 27% and 12%, respectively, of our aggregate purchases in 2023. No other partner accounted for more than 10% of purchases in 2023. Our top five partners as a group for 2023 were Microsoft, TD Synnex (a distributor), Cisco Systems, Ingram Micro (a distributor) and Dell, and approximately 60% of our total purchases during 2023 came from this group of partners. Although brand names and individual products are important to our business, we believe that competitive sources of supply are available in substantially all of our product categories such that, with the exception of Microsoft, we are not dependent on any single partner for sourcing products. Advertising Costs Advertising costs are expensed as they are incurred. Advertising expense of $81,959,000, $88,667,000 and $66,375,000 was recorded in 2023, 2022 and 2021, respectively. These amounts were predominantly offset by partner funding earned pursuant to shared marketing expense programs recorded as a reduction of selling and administrative expenses, as discussed in “Partner Funding” above. Stock-Based Compensation Stock-based compensation is measured based on the fair value of the award on the date of grant and the corresponding expense is recognized over the period during which an employee is required to provide service in exchange for the reward. Stock-based compensation expense is classified in the same line item of our consolidated statements of operations as other payroll-related expenses specific to the employee. Compensation expense related to service-based restricted stock units (“RSUs”) is recognized on a straight

Receivables, Contract Assets, C

Receivables, Contract Assets, Contract Liabilities and Performance Obligations	12 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Receivables, Contract Assets, Contract Liabilities and Performance Obligations	Receivables, Contract Assets, Contract Liabilities and Performance Obligations Contract Balances The following table provides information about receivables and contract liabilities as of December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 Current receivables, which are included in “Accounts receivable, net” $ 3,568,290 $ 3,272,371 Contract assets, net 120,518 7,909 Long-term accounts receivable 412,666 160,818 Long-term contract assets $ 132,780 $ — Contract liabilities, which are included in “Accrued expenses and other current liabilities” and “Other liabilities” $ 107,217 $ 102,057 Significant changes in the contract assets balances during the years ended December 31, 2023 and 2022 are as follows (in thousands): Contract Assets Balances at December 31, 2021 $ 4,757 Reclassification of beginning contract assets to receivables, as a result of rights to consideration becoming unconditional (4,757) Contract assets recognized, net of reclassification to receivables 7,909 Balances at December 31, 2022 $ 7,909 Contract assets acquired through business combination 246,666 Reclassification of beginning contract assets to receivables, as a result of rights to consideration becoming unconditional (33,638) Contract assets recognized, net of reclassification to receivables 51,350 Balances at December 31, 2023 $ 272,287 Contract assets consist of amounts the Company is entitled to for the resale of third-party consumption-based services, prior to payment becoming unconditional. In these transactions, the Company invoices clients for the gross amount of consideration it is responsible to collect, including amounts ultimately passed on to the third-party service providers. As of December 31, 2023 contract assets, net of allowances, were $253,298,000. Gross contract assets by our internal risk ratings as of December 31, 2023 are summarized as follows (in thousands): Contract assets Low risk $ 46,280 Moderate risk 56,850 High risk 169,157 Total contract assets $ 272,287 Significant changes in the liabilities balances during the years ended December 31, 2023 and 2022 are as follows (in thousands): Contract Balances at December 31, 2021 $ 116,067 Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied (77,334) Cash received in advance and not recognized as revenue 63,324 Balances at December 31, 2022 $ 102,057 Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied (67,351) Cash received in advance and not recognized as revenue 72,511 Balances at December 31, 2023 $ 107,217 Transaction price allocated to the remaining performance obligations The following table includes estimated net sales related to performance obligations that are unsatisfied (or partially unsatisfied) as of December 31, 2023 that are expected to be recognized in the future (in thousands): Services 2024 $ 94,689 2025 33,174 2026 17,538 2027 and thereafter 7,543 Total remaining performance obligations $ 152,944 With the exception of remaining performance obligations associated with our OneCall Support Services contracts which are included in the table above regardless of original duration, remaining performance obligations that have original expected durations of one year or less are not included in the table above. Amounts not included in the table above have an average original expected duration of nine months. Additionally, for our time and material services contracts, whereby we have the right to consideration from a client in an amount that corresponds directly with the value to the client of our performance completed to date, we recognized revenue in the amount to which we have a right to invoice as of December 31, 2023 and do not disclose information about related remaining performance obligations in the table above. Our open time and material contracts at December 31, 2023, have an average expected duration of 24 months. The majority of our product backlog historically has been and continues to be open cancellable purchase orders. We do not believe that backlog as of any particular date is predictive of future results, therefore we do not include performance obligations under open cancellable purchase orders, which do not qualify for revenue recognition as of December 31, 2023, in the table above. Assets recognized for costs of obtaining a contract with a customer Sales commissions are the only significant incremental costs incurred to obtain contracts with our clients. The majority of our contracts are completed within a one-year performance period, and for contracts with a specified term of one year or less, we recognize the incremental costs of obtaining a contract as an expense when incurred if the amortization period of the asset that we otherwise would have recognized is one year or less. We record sales commissions on contracts with performance periods that exceed one year as an asset and amortize the asset to expense over the related contract performance period. As of December 31, 2023 and 2022, the related asset balance was $11,892,384 and $13,478,732, respectively. The expense is expected to be recognized over the next 57 months.

Assets Held for Sale

Assets Held for Sale	12 Months Ended
Assets Held for Sale	Dec. 31, 2023
Property, Plant and Equipment Assets Held-for-Sale Disclosure [Abstract]
Assets Held For Sale	Assets Held for Sale

Property and Equipment

Property and Equipment	12 Months Ended
Property and Equipment	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment Property and equipment consist of the following (in thousands): December 31, 2023 2022 Software 156,952 161,943 Buildings 109,639 98,228 Equipment 56,051 54,110 Furniture and fixtures 40,738 40,700 Leasehold improvements 28,077 26,065 Land 38,195 38,195 429,652 419,241 Accumulated depreciation and amortization (219,591) (214,981) Property and equipment, net 210,061 204,260 Depreciation and amortization expense related to property and equipment was $26,245,000, $23,722,000 and $23,376,000 in 2023, 2022 and 2021, respectively. Included within the buildings and equipment values presented above for 2023 are assets in the process of being readied for use in the amounts of approximately $11,200,000 and $1,500,000, respectively. Included within the software and buildings values presented above for 2022 are assets in the process of being readied for use in the amounts of approximately $3,532,000 and $3,346,000, respectively. Depreciation on these assets will commence, as appropriate, when they are ready for use and placed in service.

Goodwill

Goodwill	12 Months Ended
Goodwill	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill The changes in the carrying amount of goodwill for the year ended December 31, 2023 are as follows (in thousands): North America EMEA APAC Consolidated Goodwill $ 727,013 $ 169,174 $ 20,993 $ 917,180 Accumulated impairment losses (323,422) (151,439) (13,973) (488,834) Goodwill acquired during 2022 69,923 — — 69,923 Measurement period adjustments during 2022 — — — — Foreign currency translation adjustment (2,991) (1,748) (497) (5,236) Balance at December 31, 2022 $ 470,523 $ 15,987 $ 6,523 $ 493,033 Goodwill acquired during 2023 117,022 71,698 — 188,720 Foreign currency translation adjustment 1,338 1,163 91 2,592 Balance at December 31, 2023 $ 588,883 $ 88,848 $ 6,614 $ 684,345 On December 1, 2023, we acquired SADA, which is reported in our North America business. Under the acquisition method of accounting, the preliminary purchase price for the acquisition was allocated to the tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values. The excess purchase price over fair value of net assets acquired of approximately $117,022,000 was recorded as goodwill in the North America reporting unit. The primary driver for this acquisition was to strengthen our ability to benefit from the growing trend of multicloud adoption, and to accelerate our progress toward our strategic objective of growing cloud services and solutions. On August, 17, 2023 we acquired Amdaris, which is reported in our EMEA business. Under the acquisition method of accounting, the preliminary purchase price for the acquisition was allocated to the tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values. The excess purchase price over fair value of net assets acquired of approximately $71,698,000 was recorded as goodwill in the EMEA reporting unit. The primary driver for this acquisition was to expand our capacity to deliver services to support clients’ digital transformation initiatives in EMEA. On June, 1, 2022 we acquired Hanu, which is reported in our North America business. Under the acquisition method of accounting, the purchase price for the acquisition was allocated to the tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values. The excess purchase price over fair value of net assets acquired of approximately $69,923,000 was recorded as goodwill in the North America reporting unit. During 2023, we periodically assessed whether any indicators of impairment existed which would require us to perform an interim impairment review. As of each interim period end during the year, we concluded that a triggering event had not occurred that would more likely than not reduce the fair value of our reporting units below their carrying values. We performed our annual test of goodwill for impairment during the fourth quarter of 2023. The results of the qualitative goodwill impairment test indicated that the fair values of our North America, EMEA and APAC reporting units were in excess of their respective carrying values.

Intangible Assets

Intangible Assets	12 Months Ended
Intangible Assets	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible Assets Intangible assets consist of the following (in thousands): December 31, 2023 2022 Customer relationships $ 501,831 $ 338,755 Other 43,319 8,540 545,150 347,295 Accumulated amortization (175,463) (142,297) Intangible assets, net $ 369,687 $ 204,998 During 2023, we periodically assessed whether any indicators of impairment existed related to our intangible assets. As of each interim period end during the year, we concluded that a triggering event had not occurred that would more likely than not reduce the fair value of our intangible assets below their carrying values. Amortization expense recognized in 2023, 2022 and 2021 was $36,231,000, $32,892,000 and $32,045,000, respectively. Future amortization expense for the remaining unamortized balance as of December 31, 2023 is estimated as follows (in thousands): Years Ending December 31, Amortization Expense 2024 $ 59,644 2025 59,343 2026 57,804 2027 37,690 2028 36,264 Thereafter 118,942 Total amortization expense $ 369,687

Accounts Payable - Inventory Fi

Accounts Payable - Inventory Financing Facilities	12 Months Ended
Accounts Payable - Inventory Financing Facilities	Dec. 31, 2023
Payables and Accruals [Abstract]
Accounts Payable - Inventory Financing Facilities	Accounts Payable - Inventory Financing Facilities We have entered into agreements with financial intermediaries to facilitate the purchase of inventory from various suppliers under certain terms and conditions, as described below. The amounts outstanding under these facilities are classified separately as accounts payable - inventory financing facilities in the accompanying consolidated balance sheets. Inventory Financing Facilities We have an unsecured inventory financing facility with MUFG Bank Ltd (“MUFG”) for $280,000,000. During 2022, we increased our maximum availability under our unsecured inventory financing facility with PNC Bank, N.A. ( “PNC”) from $300,000,000 to $375,000,000, including the $25,000,000 facility in Canada (the "Canada facility"). We also increased our unsecured inventory financing facility with Wells Fargo in EMEA (the "EMEA facility") to $50,000,000. As of December 31, 2023, our combined inventory financing facilities had a total maximum capacity of $705,000,000, of which $231,850,000 was outstanding. The inventory financing facilities will remain in effect until they are terminated by any of the parties. In the second quarter of 2023, the Company transitioned the reference rate for invoices issued in U.S. Dollars under the PNC facility from LIBOR to the Term Secured Overnight Financing Rate ("Term SOFR") benchmark provisions. If balances are not paid within stated vendor terms (typically 60 days), they will accrue interest at prime plus 2.00% on the MUFG facility, Canadian Dollar Offered Rate plus 4.50% on the Canada facility and Term SOFR, EURIBOR, or SONIA, as applicable, plus 4.50% and 0.25% on the PNC (other than the Canada facility) and EMEA facilities, respectively. Amounts outstanding under these facilities are classified separately as accounts payable – inventory financing facilities in the accompanying consolidated balance sheets and within cash flows from financing activities in the accompanying consolidated statements of cash flows. We impute interest on the average daily balance outstanding during these stated vendor terms based on our incremental borrowing rate during the period. Imputed interest of $13,276,000, $15,523,000 and $15,292,000 was recorded in 2023, 2022 and 2021, respectively

Debt, Finance Leases and Other

Debt, Finance Leases and Other Financing Obligations	12 Months Ended
Debt, Finance Leases and Other Financing Obligations	Dec. 31, 2023
Debt Disclosure [Abstract]
Debt, Finance Leases and Other Financing Obligations	Debt, Finance Leases and Other Financing Obligations Debt Our long-term debt consists of the following (in thousands): December 31, 2023 2022 ABL revolving credit facility $ 591,500 $ 291,599 Convertible senior notes due 2025 347,988 346,199 Finance leases and other financing obligations 1,033 102 940,521 637,900 Less: current portion of long-term debt (348,004) (346,228) Long-term debt $ 592,517 $ 291,672 On July 22, 2022, we entered into the Third Amendment to the Credit Agreement (as amended, the "credit agreement") to modify our senior secured revolving credit facility (the “ABL facility”), increasing the maximum borrowing amount from $1,200,000,000 to $1,800,000,000, including a maximum borrowing capacity that could be used for borrowing in certain foreign currencies of $350,000,000 and extending the maturity date. From time to time and at our option, we may request to increase the aggregate amount available for borrowing under the ABL facility by up to an aggregate of the U.S. dollar equivalent of $750,000,000, subject to customary conditions, including receipt of commitments from lenders. The ABL facility is guaranteed by certain of our material subsidiaries and is secured by a lien on certain of our assets and certain of each other borrower’s and each guarantor’s assets. The ABL facility provides for an uncommitted first-in, last-out revolving facility in an aggregate amount of up to $100,000,000. The ABL facility matures on July 22, 2027. As of December 31, 2023, eligible accounts receivable and inventory were sufficient to permit availability to $1,709,888,000 of the full $1,800,000,000 facility amount, of which $591,500,000 was outstanding. The interest rates applicable to borrowings under the ABL facility are based on the average aggregate excess availability under the ABL facility as set forth on a pricing grid in the credit agreement. Amounts outstanding under the ABL facility bear interest, payable quarterly, at a floating rate equal to SOFR, EURIBOR, AUD Rate, or SONIA, as applicable, plus a pre-determined spread of 1.25% to 1.50%. The floating interest rate applicable at December 31, 2023 was 6.69% per annum for the ABL facility. In addition, we pay a quarterly commitment fee on the unused portion of the facility of 0.25%, and our letter of credit participation fee ranges from 1.25% to 1.50%. During 2023, weighted average borrowings under our ABL facility were $362,557,000. Interest expense associated with the ABL facility was $30,116,000, $21,362,000 and $11,065,000 in 2023, 2022 and 2021, respectively, including the commitment fee and amortization of deferred financing fees. The ABL facility contains customary affirmative and negative covenants and events of default. If a default occurs (subject to customary grace periods and materiality thresholds) under the credit agreement, certain actions may be taken, including, but not limited to, possible termination of commitments and required payment of all outstanding principal amounts plus accrued interest and fees payable under the credit agreement. Convertible Senior Notes due 2025 In August 2019, we issued $350,000,000 aggregate principal amount of Notes that mature on February 15, 2025. The Notes bear interest at an annual rate of 0.75% payable semiannually, in arrears, on February 15 th and August 15 th of each year. The Notes are general unsecured obligations of Insight and are guaranteed on a senior unsecured basis by Insight Direct USA, Inc., a wholly owned subsidiary of Insight. Holders of the Notes may convert their notes at their option at any time prior to the close of business on the business day immediately preceding June 15, 2024, under the following circumstances: (1) during any calendar quarter commencing after the calendar quarter ending on December 31, 2019 (and only during such calendar quarter), if the last reported sale price of our common stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day (the "market price trigger"); (2) during the five business day period after any five The Notes exceeded the market price trigger of $88.82 in the fourth quarter of 2023 and as such, the Notes are convertible at the option of the holders through March 31, 2024. The Notes are convertible at the option of the holders at December 31, 2023 and, if converted, we are required to settle the principal amount of the Notes in cash. As such, the Notes balance net of unamortized debt issuance costs is classified as a current liability. If the Notes continue to exceed the market price trigger in future periods, they will remain convertible at the option of the holders, and the principal amount will continue to be classified as current. Upon conversion, we will pay cash equal to the principal amount of the Notes, plus shares of our common stock for any additional amounts due. The conversion rate will initially be 14.6376 shares of common stock per $1,000 principal amount of the Notes (equivalent to an initial conversion price of approximately $68.32 per share of common stock). The conversion rate is subject to change in certain circumstances and will not be adjusted for any accrued and unpaid interest. In addition, following certain events that occur prior to the maturity date or following our issuance of a notice of redemption, the conversion rate is subject to an increase for a holder who elects to convert their notes in connection with those events or during the related redemption period in certain circumstances. If we undergo a fundamental change, the holders may require us to repurchase for cash all or any portion of their notes at a fundamental change repurchase price equal to 100% of the principal amount of the Notes to be repurchased, plus accrued and unpaid interest to, but excluding, the fundamental change repurchase date. As of December 31, 2023, none of the criteria for a fundamental change or a conversion rate adjustment had been met. The maximum number of shares issuable upon conversion, including the effect of a fundamental change and subject to other conversion rate adjustments, would be 6,788,208. We may redeem for cash all or any portion of the Notes, at our option, on or after August 20, 2022 if the last reported sale price of our common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which we provide notice of redemption at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. No sinking fund is provided for the Notes. In September 2023, an individual Note holder exercised their option to convert their Notes in the aggregate principal amount of $16,895,000, which was settled in January 2024. As a result, the principal amount of the Notes was settled in cash with additional amounts due being settled in shares of our common stock. The Notes are subject to certain customary events of default and acceleration clauses. As of December 31, 2023, no such events have occurred. The Notes consist of the following balances reported within the consolidated balance sheet as of December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 Liability: Principal $ 350,000 $ 350,000 Less: debt issuance costs, net of accumulated amortization (2,012) (3,801) Net carrying amount $ 347,988 $ 346,199 The following table summarizes the interest expense components resulting from the Notes reported within the consolidated statement of operations for the years ended December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 2021 Contractual coupon interest $ 2,625 $ 2,625 $ 2,625 Amortization of debt discount $ — $ — $ 10,702 Amortization of debt issuance costs $ 1,789 $ 1,789 $ 1,422 As a result of our adoption of ASU 2020-06, effective January 1, 2022, we will no longer reflect any debt discount on the Notes in our consolidated balance sheet, nor will we recognize amortization of debt discount within our consolidated statement of operations. Also in January 2022, we filed an irrevocable settlement election notice with the Note holders to inform them of our election to settle the principal amount of the Notes in cash. As a result of this election, at period ends where the market price, or other conversion triggers are met, the Notes will be classified in our consolidated balance sheet as current. The remaining life of the debt issuance cost accretion is approximately 1.12 years. The effective interest rate on the principal of the Notes is 0.75%. Interest expense resulting from the Notes reported within the consolidated statement of operations for the years ended December 31, 2023, 2022 and 2021 is made up of contractual coupon interest and amortization of debt issuance costs. Convertible Note Hedge and Warrant Transaction In connection and concurrent with the issuance of the Notes, we entered into certain convertible note hedge and warrant transactions (the "Call Spread Transactions") with respect to the Company’s common stock. The convertible note hedge consists of an option to purchase up to 5,123,160 common stock shares at a price of $68.32 per share. The hedge expires on February 15, 2025 and can only be concurrently executed upon the conversion of the Notes. We paid approximately $66,325,000 for the convertible note hedge transaction. Additionally, we sold warrants to purchase 5,123,160 shares of common stock at a price of $103.12 per share. The warrants expire on May 15, 2025 and can only be exercised at maturity. The Company received aggregate proceeds of approximately $34,440,000 for the sale of the warrants. The Call Spread Transactions have no effect on the terms of the Notes and reduce potential dilution by effectively increasing the initial conversion price of the Notes to $103.12 per share of the Company’s common stock. Finance Leases and Other Financing Obligations From time to time, we enter into finance leases and other financing agreements with financial intermediaries to facilitate the purchase of products from certain vendors. The current and long-term portions of our other financing obligations are included in the current and long-term portions of long-term debt in the table above and in our consolidated balance sheets as of December 31, 2023 and 2022.

Leases

Leases	12 Months Ended
Leases	Dec. 31, 2023
Leases [Abstract]
Leases	Leases We lease office space, distribution centers, land, vehicles and equipment. Lease agreements with an initial term of 12 months or less are not recorded on the balance sheet; we recognize lease expense for these leases on a straight-line basis over the lease term. Certain lease agreements include one or more options to renew, with renewal terms that can extend the lease term from one Certain of our lease agreements include rental payments adjusted periodically for inflation. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. The following table provides information about the financial statement classification of our lease balances reported within the consolidated balance sheets as of December 31, 2023 and December 31, 2022 (in thousands): December 31, Leases Classification 2023 2022 Assets Operating lease assets Other assets $ 84,956 $ 76,160 Finance lease assets Property and equipment (a) — 59 Total lease assets $ 84,956 $ 76,219 Liabilities Current Operating lease liabilities Accrued expenses and other current liabilities $ 20,582 $ 19,213 Finance lease liabilities Current portion of long-term debt — 28 Non-current Operating lease liabilities Other liabilities 71,033 63,324 Total lease liabilities $ 91,615 $ 82,565 (a) Recorded net of accumulated amortization of $48,000 as of December 31, 2022. The following table provides information about the financial statement classification of our lease expenses reported within the consolidated statement of operations for the years ended December 31, 2023 and 2022 (in thousands): December 31, Lease cost Classification 2023 2022 Operating lease cost (a) Selling and administrative expenses $ 24,054 $ 23,986 Finance lease cost Amortization of leased assets Selling and administrative expenses 16 29 Interest on lease liabilities Interest expense, net — 2 Total lease cost $ 24,070 $ 24,017 (a) Excludes short-term and variable lease costs, which are immaterial. Future minimum lease payments under non-cancelable leases as of December 31, 2023 are as follows (in thousands): Operating leases 2024 $ 23,811 2025 20,084 2026 17,113 2027 13,818 2028 10,161 After 2028 17,386 Total lease payments 102,373 Less: Interest (10,758) Present value of lease liabilities $ 91,615 The following table provides information about the remaining lease terms and discount rates applied as of December 31, 2023 and 2022: December 31, 2023 2022 Weighted average remaining lease term (years): Operating leases 5.46 5.67 Finance leases — 0.75 Weighted average discount rate (%): Operating leases 4.21 3.49 Finance leases — 1.49 The following table provides other information related to leases for the years ended December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 24,088 $ 23,674 Leased assets obtained in exchange for new operating lease liabilities (a) 28,675 22,725 (a) Includes operating lease assets acquired as part of the Amdaris and SADA acquisitions of $2,881,000 and $2,032,000, respectively.
Leases	Leases We lease office space, distribution centers, land, vehicles and equipment. Lease agreements with an initial term of 12 months or less are not recorded on the balance sheet; we recognize lease expense for these leases on a straight-line basis over the lease term. Certain lease agreements include one or more options to renew, with renewal terms that can extend the lease term from one Certain of our lease agreements include rental payments adjusted periodically for inflation. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. The following table provides information about the financial statement classification of our lease balances reported within the consolidated balance sheets as of December 31, 2023 and December 31, 2022 (in thousands): December 31, Leases Classification 2023 2022 Assets Operating lease assets Other assets $ 84,956 $ 76,160 Finance lease assets Property and equipment (a) — 59 Total lease assets $ 84,956 $ 76,219 Liabilities Current Operating lease liabilities Accrued expenses and other current liabilities $ 20,582 $ 19,213 Finance lease liabilities Current portion of long-term debt — 28 Non-current Operating lease liabilities Other liabilities 71,033 63,324 Total lease liabilities $ 91,615 $ 82,565 (a) Recorded net of accumulated amortization of $48,000 as of December 31, 2022. The following table provides information about the financial statement classification of our lease expenses reported within the consolidated statement of operations for the years ended December 31, 2023 and 2022 (in thousands): December 31, Lease cost Classification 2023 2022 Operating lease cost (a) Selling and administrative expenses $ 24,054 $ 23,986 Finance lease cost Amortization of leased assets Selling and administrative expenses 16 29 Interest on lease liabilities Interest expense, net — 2 Total lease cost $ 24,070 $ 24,017 (a) Excludes short-term and variable lease costs, which are immaterial. Future minimum lease payments under non-cancelable leases as of December 31, 2023 are as follows (in thousands): Operating leases 2024 $ 23,811 2025 20,084 2026 17,113 2027 13,818 2028 10,161 After 2028 17,386 Total lease payments 102,373 Less: Interest (10,758) Present value of lease liabilities $ 91,615 The following table provides information about the remaining lease terms and discount rates applied as of December 31, 2023 and 2022: December 31, 2023 2022 Weighted average remaining lease term (years): Operating leases 5.46 5.67 Finance leases — 0.75 Weighted average discount rate (%): Operating leases 4.21 3.49 Finance leases — 1.49 The following table provides other information related to leases for the years ended December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 24,088 $ 23,674 Leased assets obtained in exchange for new operating lease liabilities (a) 28,675 22,725 (a) Includes operating lease assets acquired as part of the Amdaris and SADA acquisitions of $2,881,000 and $2,032,000, respectively.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
Stock-Based Compensation	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation We recorded the following pre-tax amounts in selling and administrative expenses for stock-based compensation, by operating segment, in the accompanying consolidated financial statements (in thousands): Years Ended December 31, 2023 2022 2021 North America $ 22,069 $ 17,822 $ 13,699 EMEA 5,557 3,960 3,844 APAC 1,325 928 658 Total Consolidated $ 28,951 $ 22,710 $ 18,201 Company Plan On April 3, 2020, our Board of Directors adopted and approved the new Insight Enterprises, Inc. 2020 Omnibus Plan (the “Plan”), subject to stockholder approval. The Plan was approved by our stockholders at our 2020 annual meeting on May 20, 2020 and, unless sooner terminated, will remain in place until May 20, 2030. The Plan allows the Company to grant options, stock appreciation rights, stock awards, restricted stock, stock units (which may also be referred to as “restricted stock units” or "RSUs"), performance shares, performance units, cash-based awards and other awards payable in cash or shares of common stock to eligible non-employee directors, employees and consultants. Consultants and independent contractors are eligible if they provide bona fide services that are not related to capital raising or promoting or maintaining a market for the Company’s stock. We grant service-based RSUs and performance-based RSUs to officers and certain employees under the Plan. RSUs generally vest over a two Beginning in February 2022, we also granted performance-based RSUs based on a relative total shareholder return (“rTSR”) metric to officers and certain employees under the Plan. The number of rTSR performance-based RSUs expected to be received at vesting will range from 0% to 200% of target, based on the Company’s total shareholder return as compared to a group of peer companies over a three-year performance period. The Monte Carlo Simulation model is used to determine the fair value at grant date. In 2023, we granted performance-based RSUs to our officers and certain employees (the "Ambition" grant). The number of RSUs granted was based on an INA Adjusted EFO margin financial metric, some of which also have an Absolute TSR ("aTSR") multiplier applied to the number of shares granted. These performance-based RSUs will be received at vesting, and their amount will range from 0% to 100% of the target, with a multiplier of up to 300% applied to certain grants. The performance period for these grants is from January 1, 2023, to December 31, 2024. Additionally, the performance-based RSUs based on the aTSR multiplier will vest 50% on the two-year anniversary of the grant, and the remaining 50% will vest on the three-year anniversary of the grant date. The Company previously adopted the Amended Insight Enterprises, Inc. 2007 Omnibus Plan (the “Prior Plan”). The Prior Plan was approved by our stockholders on May 18, 2011 at our 2011 annual meeting. The Prior Plan shall remain in effect until all awards granted under the Prior Plan have been exercised, forfeited or cancelled or have otherwise expired or terminated. Any shares that remain outstanding or otherwise become available under the terms of the Prior Plan following the date the Plan is approved by the Company’s stockholders shall become available for issuance under the Plan. No further awards will be made under the Prior Plan. The Plan is administered by the Compensation Committee of Insight’s Board of Directors, and, except as provided below, the Compensation Committee has the exclusive authority to administer the Plan, including the power to determine eligibility, the types of awards to be granted, the price and the timing of awards. Under the Plan, the Compensation Committee may delegate some of its authority to our Chief Executive Officer to grant awards to individuals other than individuals who are subject to the reporting requirements of Section 16(a) of the Securities Exchange Act of 1934, as amended. As of December 31, 2023, there are 1,975,445 shares of common stock available for grant under the Plan out of the 2,200,747 shares of common stock that were reserved and made available for grant under the Plan. Accounting for Restricted Stock Units We issue RSUs as incentives to certain officers and teammates and as compensation to members of our Board of Directors. We recognize compensation expense associated with the issuance of such RSUs over the vesting period for each respective RSU. The total compensation expense associated with RSUs represents the value based upon the number of RSUs awarded multiplied by the closing price of our common stock on the date of grant. The number of RSUs to be awarded under our service-based RSUs is fixed at the grant date. The number of RSUs ultimately awarded under our performance-based RSUs varies based on whether the Company achieves certain financial results. We record compensation expense each period based on our estimate of the most probable number of RSUs that will be issued under the grants of performance-based RSUs. Recipients of RSUs do not have voting or dividend rights until the vesting conditions are satisfied and shares are released. As of December 31, 2023, total compensation cost related to nonvested RSUs not yet recognized is $47,000,000, which is expected to be recognized over the next 0.94 years on a weighted-average basis. The following table summarizes our RSU activity during 2023: Number Weighted Average Grant Date Fair Value Fair Value Nonvested at the beginning of year 643,660 $ 86.53 Service-based RSUs granted 183,781 $ 132.49 Performance-based RSUs granted 34,080 $ 130.62 Performance-based RSUs (rTSR) granted 33,506 $ 206.08 Performance-based RSUs - Ambition granted 110,561 $ 169.75 Vested, including shares withheld to cover taxes (294,686) $ 78.05 $ 39,239,334 (a) Forfeited (57,000) $ 114.11 Nonvested at the end of year 653,902 $ 123.23 $ 115,864,895 (b) (a) The aggregate fair value of vested RSUs represents the total pre-tax fair value, based on the closing stock price on the day of vesting, which would have been received by holders of RSUs had all such holders sold their underlying shares on that date. The aggregate intrinsic value for RSUs which vested during 2022 and 2021 was $29,805,641 and $34,558,405, respectively. (b) The aggregate fair value of the nonvested RSUs and the RSUs expected to vest represents the total pre-tax fair value, based on our closing stock price of $177.19 as of December 29, 2023, which would have been received by holders of RSUs had all such holders sold their underlying shares on that date. During each of the years in the three-year period ended December 31, 2023, the RSUs that vested for teammates in the United States were net-share settled such that we withheld shares with value equivalent up to the teammates’ maximum statutory United States tax obligation for the applicable income and other employment taxes and remitted the equivalent cash amount to the appropriate taxing authorities. The total shares withheld during 2023, 2022 and 2021 of 79,636, 79,611 and 105,434, respectively, were based on the value of the RSUs on their vesting dates as determined by our closing stock price on such dates. For 2023, 2022 and 2021, total payments for our teammates’ tax obligations to the taxing authorities were $10,659,000, $7,905,000 and $9,109,000, respectively, and are reflected as a financing activity within the accompanying consolidated statements of cash flows. These net-share settlements had the effect of repurchases of our common stock as they reduced the number of shares that would have otherwise been issued as a result of the vesting and did not represent an expense to us.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The following table presents the U.S. and foreign components of earnings before income taxes and the related income tax expense (in thousands): Years Ended December 31, 2023 2022 2021 Earnings before income taxes: United States $ 263,421 $ 274,415 $ 200,657 Foreign 114,433 100,018 91,900 $ 377,854 $ 374,433 $ 292,557 Income tax expense: Current: U.S. Federal $ 62,575 $ 61,245 $ 29,478 U.S. State and local 16,764 15,788 7,391 Foreign 30,286 26,043 24,485 109,625 103,076 61,354 Deferred: U.S. Federal (10,923) (7,267) 11,104 U.S. State and local (3,324) (1,153) 3,239 Foreign 1,167 (831) (2,485) (13,080) (9,251) 11,858 $ 96,545 $ 93,825 $ 73,212 The following schedule reconciles the differences between the U.S. federal income taxes at the U.S. statutory rate and our income tax expense (dollars in thousands): 2023 2022 2021 Statutory federal income tax rate $ 79,349 21.0 % $ 78,631 21.0 % $ 61,437 21.0 % State income tax expense, net of federal income tax benefit 12,113 3.2 13,962 3.7 10,666 3.6 Audits and adjustments, net (925) (0.2) 2,273 0.6 2,131 0.7 Change in valuation allowances 1,616 0.4 (2,551) (0.7) 1,317 0.5 Foreign income taxed at different rates 6,133 1.6 5,660 1.5 4,308 1.5 Research and other credits (3,036) (0.8) (3,870) (1.0) (4,352) (1.5) Other, net 1,295 0.4 (280) — (2,295) (0.8) Effective tax rate $ 96,545 25.6 % $ 93,825 25.1 % $ 73,212 25.0 % As of December 31, 2023, we have accumulated undistributed earnings generated by our foreign subsidiaries, most of which have been taxed in the U.S. as a result of the Tax Cuts and Jobs Act of 2017. For foreign subsidiary earnings not yet taxed under these provisions, we continue to assert permanent reinvestment of earnings earned in foreign jurisdictions which impose a withholding tax on dividends and, accordingly, have not accrued any additional income or withholding taxes on the potential repatriation of these earnings. At the present time, given the various complexities involved in repatriating earnings, it is not practicable to estimate the amount of tax that may be payable if these earnings were not reinvested indefinitely. The significant components of deferred tax assets and liabilities are as follows (in thousands): December 31, 2023 2022 Deferred tax assets: Capitalized research expenses $ 33,569 $ 17,682 Loss carryforwards $ 25,690 $ 24,571 Foreign tax credits 9,976 10,681 Other 31,246 37,315 Gross deferred tax assets 100,481 90,249 Valuation allowances (33,385) (32,546) Total deferred tax assets 67,096 57,703 Deferred tax liabilities: Goodwill and other intangibles (58,512) (56,275) Property and equipment (31,194) (26,905) Other (1,916) (1,744) Total deferred tax liabilities (91,622) (84,924) Net deferred tax liabilities $ (24,526) $ (27,221) The net non-current deferred tax assets and liabilities are as follows (in thousands): December 31, 2023 2022 Net non-current deferred tax assets, which are included in "Other assets" $ 3,062 $ 5,623 Net non-current deferred tax liabilities (27,588) (32,844) Net deferred tax liabilities $ (24,526) $ (27,221) As of December 31, 2023, we have U.S. state and foreign net operating loss carryforwards (“NOLs”) that will expire between 2024 and 2042, while the majority have no expiration date. Due to the uncertainty around future utilization, we have recorded a valuation allowance against the majority of these NOLs. W e have provided valuation allowances for certain of our deferred tax assets where we believe it is more likely than not that the related tax benefits will not be realized. At December 31, 2023 and 2022, our valuation allowances totaled $33,385,000 and $32,546,000, respectively, relating primarily to foreign tax credits and NOLs. This increase was primarily the result of foreign NOLs generated during the year for which there is an uncertainty as to future utilization. As of December 31, 2023 and 2022, we had approximately $13,947,000 and $14,814,000, respectively, of unrecognized tax benefits. Of these amounts, approximately $1,767,000 and $1,642,000, respectively, related to accrued interest. The changes in the unrecognized tax benefits balance during the year reflect additions for tax positions taken in prior and current periods, net of reductions related to audit settlements and statute expirations. We are currently under audit in various jurisdictions for tax years 2017 through 2021. Although the timing of the resolutions and/or closures of audits is highly uncertain, it is reasonably possible that the examination phase of these audits may be concluded within the next 12 months which could significantly increase or decrease the balance of our gross unrecognized tax benefits. However, based on the status of the various examinations in multiple jurisdictions, an estimate of the range of reasonably possible outcomes cannot be made at this time, but the estimated effect on our income tax expense and net earnings is not expected to be significant. In the U.S., federal income tax returns for years subsequent to 2019 remain open to examination. For state and foreign jurisdictions, the statute of limitations generally varies between three and ten years. However, to the extent allowable by law, the tax authorities may have a right to examine and make adjustment to prior periods when amended returns have been filed, or when net operating losses or tax credits were generated and carried forward for subsequent utilization.

Market Risk Management

Market Risk Management	12 Months Ended
Market Risk Management	Dec. 31, 2023
Debt Disclosure [Abstract]
Market Risk Management	Market Risk Management Interest Rate Risk We have interest rate exposure arising from our financing facilities, which have variable interest rates. These variable interest rates are affected by changes in short-term interest rates. We currently do not hedge our interest rate exposure. We do not believe that the effect of reasonably possible near-term changes in interest rates will be material to our financial position, results of operations and cash flows. Our financing facilities expose our net earnings to changes in short-term interest rates since interest rates on the underlying obligations are variable. We had $591,500,000 outstanding under our ABL facility and $347,988,000 outstanding under the Notes at December 31, 2023. The interest rate attributable to the borrowings under our ABL facility and the Notes was 6.69% and 0.75%, respectively, per annum at December 31, 2023. The change in annual pre-tax earnings from operations resulting from a hypothetical 10% increase or decrease in the applicable interest rate would have been immaterial. Although the Notes are based on a fixed rate, changes in interest rates could impact the fair market value of such notes. As of December 31, 2023, the fair market value of the Notes was $906,108,000. Foreign Currency Exchange Risk We have foreign currency exchange risk related to the translation of our foreign subsidiaries’ operating results, assets and liabilities (see Note 1 for a description of our Foreign Currencies policy). We also maintain cash accounts denominated in currencies other than the functional currency, which expose us to fluctuations in foreign exchange rates. Remeasurement of these cash balances results in gains/losses that are also reported in other expense (income), net within non-operating (income) expense. We monitor our foreign currency exposure and selectively enter into forward exchange contracts to mitigate risk associated with certain non-functional currency monetary assets and liabilities related to foreign denominated payables, receivables and cash balances. Transaction gains and losses resulting from non-functional currency assets and liabilities are offset by gains and losses on forward contracts in non-operating (income) expense, net in our consolidated statements of operations. The counterparties associated with our foreign exchange forward contracts are large creditworthy commercial banks. The derivatives transacted with these institutions are short in duration and, therefore, we do not consider counterparty concentration and non-performance to be material risks. The Company does not have a significant concentration of credit risk with any single counterparty.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
Fair Value Measurements	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair value measurements are determined based on the following three categories: Level 1: Quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs that are not corroborated by market data. As of December 31, 2023, we have no non-financial assets or liabilities that are measured and recorded at fair value on a recurring basis, and our other financial assets or liabilities generally consist of cash and cash equivalents, accounts receivable, contract assets, accounts payable, accrued expenses and other current liabilities and long-term debt. The estimated fair values of our cash and cash equivalents approximate their carrying values and are determined based on quoted prices in active markets for identical assets. The estimated fair values of our long-term debt balances, excluding the Notes, approximate their carrying values based on their variable interest rate terms that are based on current market interest rates for similar debt instruments. The fair market value of the Notes as of December 31, 2023 is disclosed in Note 12. The fair values of the other financial assets and liabilities are based on the values that would be received or paid in an orderly transaction between market participants and approximate their carrying values due to their nature and short duration.

Benefit Plans

Benefit Plans	12 Months Ended
Benefit Plans	Dec. 31, 2023
Retirement Benefits [Abstract]
Benefit Plans	Benefit Plans We adopted a defined contribution benefit plan (the “Defined Contribution Plan”) for our U.S. teammates which complies with section 401(k) of the Internal Revenue Code. The Company provides a discretionary match to all participants who make 401(k) contributions pursuant to the Defined Contribution Plan. The discretionary match provided to participants is equivalent to 50% of a participant’s pre-tax contributions up to a maximum of 6% of eligible compensation per pay period. Additionally, we offer several defined contribution benefit plans to our teammates outside of the United States. These plans and their related terms vary by country. Total consolidated contribution expense under these plans was $28,341,000, $27,827,000 and $25,270,000 for 2023, 2022 and 2021, respectively.

Share Repurchase Programs

Share Repurchase Programs	12 Months Ended
Share Repurchase Programs	Dec. 31, 2023
Equity [Abstract]
Share Repurchase Programs	Share Repurchase Programs On September 19, 2022, we announced that our Board of Directors had authorized the repurchase of up to $300,000,000 of our common stock, including $50,000,000 that remained available from the prior authorization. On May 18, 2023, we announced that our Board of Directors authorized the repurchase of up to $300,000,000 of our common stock, including $100,000,000 that remained available from the prior authorization. As of December 31, 2023, approximately $200,020,373 remained available for repurchases under our share repurchase plan. Our share repurchases may be made on the open market, subject to Rule 10b-18 or in privately negotiated transactions, through block trades, through 10b5-1 plans or otherwise, at management’s discretion. The number of shares purchased and the timing of the purchases will be based on market conditions, working capital requirements, general business conditions and other factors. We intend to retire the repurchased shares. The following table summarizes the shares of our common stock that we repurchased on the open market under these repurchase programs during the years ended December 31, 2023, 2023 and 2022, respectively, in thousands, except per share amounts: Year Total Number of Shares Purchased Average Price Paid per Share Approximate Dollar Value of Shares Purchased 2023 1,634 $ 132.90 $ 217,000 2022 1,109 97.35 108,000 2021 497 100.55 50,000 3,240 $ 375,000 All shares repurchased were retired.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Contractual In the ordinary course of business, we issue performance bonds to secure our performance under certain contracts or state tax requirements. As of December 31, 2023, we had approximately $28,113,693 of performance bonds outstanding. These bonds are issued on our behalf by a surety company on an unsecured basis; however, if the surety company is ever required to pay out under the bonds, we have contractually agreed to reimburse the surety company. Management believes that payments, if any, related to these performance bonds are not probable at December 31, 2023. Accordingly, we have not accrued any liabilities related to such performance bonds in our consolidated financial statements. The Company has a minimum required purchase commitment of approximately $100,467,000 pursuant to an agreement primarily related to cloud services. The total purchase commitment is required to be met or exceeded during a 5-year period, starting October 1, 2023 through September 30, 2028. At December 31, 2023 we had a remaining purchase commitment of $95,814,000. If total purchases do not meet the required commitment by September 30, 2028, the shortfall must be prepaid by the Company and can be used for further purchases through September 30, 2029. The Company has a minimum required purchase commitment of approximately $40,000,000 pursuant to an agreement primarily related to software as a service. The total purchase commitment is required to be met during a 4-year period, starting November 30, 2022 through November 29, 2026. At December 31, 2023 we had a remaining purchase commitment of $33,863,000. The Company has recorded a contingent liability of approximately $21,289,000, payable to a partner to settle various contractual commitments to resell a minimum amount of cloud services to clients. Employment Contracts and Severance Plans We have employment contracts with, and severance plans covering, certain officers and management teammates under which severance payments would become payable in the event of specified terminations without cause or terminations under certain circumstances after a change in control. In addition, vesting of outstanding nonvested RSUs would accelerate following a change in control. If severance payments under the current employment agreements or plan payments were to become payable, the severance payments would generally range from three Indemnifications From time to time, in the ordinary course of business, we enter into contractual arrangements under which we agree to indemnify either our clients or third-party service providers from certain losses incurred relating to services performed on our behalf or for losses arising from defined events, which may include litigation or claims relating to past performance. These arrangements include, but are not limited to, the indemnification of our clients for certain claims arising out of our performance under our sales contracts, the indemnification of our landlords for certain claims arising from our use of leased facilities and the indemnification of the lenders that provide our credit facilities for certain claims arising from their extension of credit to us. Such indemnification obligations may not be subject to maximum loss clauses. Management believes that payments, if any, related to these indemnifications are not probable at December 31, 2023. Accordingly, we have not accrued any liabilities related to such indemnifications in our consolidated financial statements. We have entered into separate indemnification agreements with certain of our executive officers and with each of our directors. These agreements require us, among other requirements, to indemnify such officers and directors against expenses (including attorneys’ fees), judgments and settlements incurred by such individual in connection with any action arising out of such individual’s status or service as our executive officer or director (subject to exceptions such as where the individual failed to act in good faith or in a manner the individual reasonably believed to be in, or not opposed to, the best interests of the Company) and to advance expenses incurred by such individual with respect to which such individual may be entitled to indemnification by us. There are no pending legal proceedings that involve the indemnification of any of the Company’s directors or officers. Contingencies Related to Third-Party Review From time to time, we are subject to potential claims and assessments from third parties. We are also subject to various governmental, client and partner audits. We continually assess whether or not such claims have merit and warrant accrual. Where appropriate, we accrue estimates of anticipated liabilities in our consolidated financial statements. Such estimates are subject to change and may affect our results of operations and our cash flows. Legal Proceedings From time to time, we are party to various legal proceedings incidental to the business, including preference payment claims asserted in client bankruptcy proceedings, indemnification claims, claims of alleged infringement of patents, trademarks, copyrights and other intellectual property rights, employment claims, claims related to services provided, interruptions, or outages, claims of alleged non-compliance with contract provisions and claims related to alleged violations of laws and regulations. We regularly evaluate the status of the legal proceedings in which we are involved to assess whether a loss is probable or there is a reasonable possibility that a loss, or an additional loss, may have been incurred and determine if accruals are required. If accruals are not required, we further evaluate each legal proceeding to assess whether an estimate of possible loss or range of possible loss can be made. Although litigation is inherently unpredictable, we believe that we have adequate provisions for any probable and estimable losses. It is possible, nevertheless, that our consolidated financial position, results of operations or liquidity could be materially and adversely affected in any particular period by the work required pursuant to any legal proceedings or the resolution of any legal proceedings during such period. Legal expenses related to defense of any legal proceeding or the negotiations, settlements, rulings and advice of outside legal counsel in connection with any legal proceedings are expensed as incurred. In connection with the acquisition of PCM, the Company assumed responsibility for various litigation matters related to PCM’s acquisition of certain assets of En Pointe Technologies in 2015 (the “PCM Earnout Litigation”). The seller of En Pointe Technologies and related entities providing various post-closing support functions to PCM asserted claims regarding the sufficiency of earnout payments paid by PCM under the asset purchase agreement and the unwinding of the support functions post-closing. PCM rejected and vigorously responded to those claims and pursued various counterclaims. The PCM Earnout Litigation was being heard by multiple courts and arbitrators in several different jurisdictions including California, Delaware and Pakistan. In May 2023, the Company settled all claims related to the PCM Earnout Litigation and the parties began the process of dismissing each of the related claims and counterclaims in the various courts and jurisdictions. On July 14, 2023, the Company funded an escrow pursuant to which $10,550,000 would be paid to the plaintiffs over a period of 36 months beginning after all of the cases have been dismissed. The full amount of the settlement payment had been previously reserved. The Company is not involved in any pending or threatened legal proceedings, including the PCM Earnout Litigation, that it believes would reasonably be expected to have a material adverse effect on its business, financial condition or results of operations.

Supplemental Financial Informat

Supplemental Financial Information	12 Months Ended
Supplemental Financial Information	Dec. 31, 2023
Receivables [Abstract]
Supplemental Financial Information	Supplemental Financial Information Additions and deductions related to the allowance for doubtful accounts receivable for 2023, 2022 and 2021 were as follows (in thousands): Balance at Beginning of Year Additions Deductions Balance at End of Year Allowance for doubtful accounts receivable: Year ended December 31, 2023 $ 15,161 $ 6,879 $ (9,417) $ 12,623 Year ended December 31, 2022 $ 16,941 $ 6,066 $ (7,846) $ 15,161 Year ended December 31, 2021 $ 15,106 $ 7,862 $ (6,027) $ 16,941

Cash Flows

Cash Flows	12 Months Ended
Cash Flows	Dec. 31, 2023
Supplemental Cash Flow Elements [Abstract]
Cash Flows	Cash Flows Cash payments for interest on indebtedness and cash payments for taxes on income were as follows (in thousands): Years Ended December 31, 2023 2022 2021 Supplemental disclosures of cash flow information: Cash paid during the year for interest $ 28,292 $ 16,295 $ 8,852 Cash paid during the year for income taxes, net of refunds $ 104,495 $ 91,485 $ 75,986

Segment and Geographic Informat

Segment and Geographic Information	12 Months Ended
Segment and Geographic Information	Dec. 31, 2023
Segment Reporting [Abstract]
Segment and Geographic Information	Segment and Geographic Information We operate in three reportable geographic operating segments: North America; EMEA; and APAC. Our offerings in North America and certain countries in EMEA and APAC include IT hardware, software and services, including cloud solutions. Our offerings in the remainder of our EMEA and APAC segments consist largely of software and certain software-related services and cloud solutions. Disaggregation of Revenue In the following table, revenue is disaggregated by our reportable operating segments, which are primarily defined by their related geographies, as well as by major product offering, by major client group and by recognition on either a gross basis as a principal in the arrangement, or on a net basis as an agent, for the years ended December 31, 2023, 2022 and 2021 (in thousands): Year Ended December 31, 2023 North America EMEA APAC Consolidated Major Offerings Hardware $ 4,498,466 $ 546,621 $ 43,850 $ 5,088,937 Software 1,669,046 784,717 88,688 2,542,451 Services 1,214,842 232,316 97,294 1,544,452 $ 7,382,354 $ 1,563,654 $ 229,832 $ 9,175,840 Major Client Groups Large Enterprise / Corporate $ 5,210,365 $ 1,176,415 $ 94,982 $ 6,481,762 Commercial 1,418,680 22,103 70,879 1,511,662 Public Sector 753,309 365,136 63,971 1,182,416 $ 7,382,354 $ 1,563,654 $ 229,832 $ 9,175,840 Revenue Recognition based on acting as Principal or Agent in the Transaction Gross revenue recognition (Principal) $ 6,869,025 $ 1,447,082 $ 194,769 $ 8,510,876 Net revenue recognition (Agent) 513,329 116,572 35,063 664,964 $ 7,382,354 $ 1,563,654 $ 229,832 $ 9,175,840 Year Ended December 31, 2022 North America EMEA APAC Consolidated Major Offerings Hardware $ 5,738,586 $ 654,381 $ 57,928 $ 6,450,895 Software 1,552,715 857,516 86,661 2,496,892 Services 1,193,091 200,624 89,689 1,483,404 $ 8,484,392 $ 1,712,521 $ 234,278 $ 10,431,191 Major Client Groups Large Enterprise / Corporate $ 5,990,203 $ 1,249,286 $ 102,476 $ 7,341,965 Commercial 1,710,340 61,873 68,491 1,840,704 Public Sector 783,849 401,362 63,311 1,248,522 $ 8,484,392 $ 1,712,521 $ 234,278 $ 10,431,191 Revenue Recognition based on acting as Principal or Agent in the Transaction Gross revenue recognition (Principal) $ 8,035,218 $ 1,603,600 $ 199,788 $ 9,838,606 Net revenue recognition (Agent) 449,174 108,921 34,490 592,585 $ 8,484,392 $ 1,712,521 $ 234,278 $ 10,431,191 Year Ended December 31, 2021 North America EMEA APAC Consolidated Major Offerings Hardware $ 5,163,225 $ 676,815 $ 49,470 $ 5,889,510 Software 1,315,412 825,361 89,844 2,230,617 Services 1,041,686 201,875 72,425 1,315,986 $ 7,520,323 $ 1,704,051 $ 211,739 $ 9,436,113 Major Client Groups Large Enterprise / Corporate $ 5,356,915 $ 1,219,601 $ 93,796 $ 6,670,312 Commercial 1,495,311 65,728 61,627 1,622,666 Public Sector 668,097 418,722 56,316 1,143,135 $ 7,520,323 $ 1,704,051 $ 211,739 $ 9,436,113 Revenue Recognition based on acting as Principal or Agent in the Transaction Gross revenue recognition (Principal) $ 7,138,852 $ 1,591,156 $ 184,418 $ 8,914,426 Net revenue recognition (Agent) 381,471 112,895 27,321 521,687 $ 7,520,323 $ 1,704,051 $ 211,739 $ 9,436,113 The method for determining what information regarding operating segments, products and services, geographic areas of operation and major clients to report is based upon the “management approach,” or the way that management organizes the operating segments within a company, for which separate financial information is evaluated regularly by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources. Our CODM is our Chief Executive Officer. All significant intercompany transactions are eliminated upon consolidation, and there are no differences between the accounting policies used to measure profit and loss for our segments or on a consolidated basis. Net sales are defined as net sales to external clients. None of our clients exceeded ten percent of consolidated net sales in 2023, 2022 or 2021. A portion of our operating segments’ selling and administrative expenses arise from shared services and infrastructure that we have historically provided to them in order to realize economies of scale and to use resources efficiently. These expenses, collectively identified as corporate charges, include senior management expenses, internal audit, legal, tax, insurance services, treasury and other corporate infrastructure expenses. Charges are allocated to our operating segments, and the allocations have been determined on a basis that we considered to be a reasonable reflection of the utilization of services provided to or benefits received by the operating segments. The tables below present information about our reportable operating segments (in thousands): Year Ended December 31, 2023 North America EMEA APAC Consolidated Net sales: Products $ 6,167,512 $ 1,331,338 $ 132,538 $ 7,631,388 Services 1,214,842 232,316 97,294 1,544,452 Total net sales 7,382,354 1,563,654 229,832 9,175,840 Costs of goods sold: Products 5,520,701 1,217,585 120,892 6,859,178 Services 515,698 86,082 45,357 647,137 Total costs of goods sold 6,036,399 1,303,667 166,249 7,506,315 Gross profit 1,345,955 259,987 63,583 1,669,525 Operating expenses: Selling and administrative expenses 976,172 216,246 43,825 1,236,243 Severance and restructuring expenses 3,793 2,125 173 6,091 Acquisition and integration related expenses 3,908 3,488 — 7,396 Earnings from operations $ 362,082 $ 38,128 $ 19,585 $ 419,795 Year Ended December 31, 2022 North America EMEA APAC Consolidated Net sales: Products $ 7,291,301 $ 1,511,897 $ 144,589 $ 8,947,787 Services 1,193,091 200,624 89,689 1,483,404 Total net sales 8,484,392 1,712,521 234,278 10,431,191 Costs of goods sold: Products 6,583,090 1,395,869 132,293 8,111,252 Services 572,969 69,383 41,020 683,372 Total costs of goods sold 7,156,059 1,465,252 173,313 8,794,624 Gross profit 1,328,333 247,269 60,965 1,636,567 Operating expenses: Selling and administrative expenses 973,798 200,988 41,874 1,216,660 Severance and restructuring expenses 2,384 1,760 91 4,235 Acquisition and integration related expenses 1,715 257 — 1,972 Earnings from operations $ 350,436 $ 44,264 $ 19,000 $ 413,700 Year Ended December 31, 2021 North America EMEA APAC Consolidated Net sales: Products $ 6,478,637 $ 1,502,176 $ 139,314 $ 8,120,127 Services 1,041,686 201,875 72,425 1,315,986 Total net sales 7,520,323 1,704,051 211,739 9,436,113 Costs of goods sold: Products 5,874,551 1,380,221 126,136 7,380,908 Services 510,322 64,968 32,358 607,648 Total costs of goods sold 6,384,873 1,445,189 158,494 7,988,556 Gross profit 1,135,450 258,862 53,245 1,447,557 Operating expenses: Selling and administrative expenses 869,766 210,616 36,748 1,117,130 Severance and restructuring expenses (3,129) 1,328 167 (1,634) Earnings from operations $ 268,813 $ 46,918 $ 16,330 $ 332,061 The following table is a summary of our total assets by reportable operating segment (in thousands): December 31, 2023 2022 North America $ 6,521,591 $ 5,219,480 EMEA 1,058,734 939,327 APAC 171,820 153,232 Corporate assets and intercompany eliminations, net (1,465,795) (1,199,458) Total assets $ 6,286,350 $ 5,112,581 The following is a summary of our geographic net sales and long-lived assets, consisting of property and equipment, net (in thousands): United States United Kingdom Other Foreign Total 2023 Net sales $ 6,923,030 $ 709,078 $ 1,543,732 $ 9,175,840 Total long-lived assets $ 187,625 $ 4,748 $ 17,688 $ 210,061 2022 Net sales $ 7,973,814 $ 838,943 $ 1,618,434 $ 10,431,191 Total long-lived assets $ 182,482 $ 4,601 $ 17,177 $ 204,260 2021 Net sales $ 7,046,742 $ 826,800 $ 1,562,571 $ 9,436,113 Total long-lived assets $ 144,777 $ 9,282 $ 22,204 $ 176,263 Net sales by geographic area are presented by attributing net sales to external customers based on the domicile of the selling location. We recorded the following pre-tax amounts, by operating segment, for depreciation and amortization in the accompanying consolidated financial statements (in thousands): Years Ended December 31, 2023 2022 2021 Depreciation and amortization of property and equipment: North America $ 22,964 $ 20,587 $ 18,532 EMEA 2,838 2,538 4,256 APAC 443 597 588 26,245 23,722 23,376 Amortization of intangible assets: North America 32,514 30,735 29,576 EMEA 3,277 1,696 1,971 APAC 440 461 498 36,231 32,892 32,045 Total $ 62,476 $ 56,614 $ 55,421

Acquisitions

Acquisitions	12 Months Ended
Acquisitions	Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions SADA Effective December 1, 2023, we acquired 100 percent of the issued and outstanding shares of SADA Systems, LLC (successor to SADA Systems, Inc. via conversion) ("SADA") for a preliminary cash purchase price of $398,589,000, excluding cash and cash equivalents acquired of $24,701,000. SADA is a leading cloud consultancy and technical services provider and six-time Google Cloud Partner of the Year, including cloud licensing and professional services to small, mid-sized and corporate/enterprise commercial clients, state and federal governments and educational institutions across North America, Europe and Asia. Based in Los Angeles, California, SADA has three office locations in North America, India and Armenia with more than 800 teammates. We believe that this acquisition advances our strategy and further strengthens our unique position as a leading Solutions Integrator offering market-leading multicloud solutions at scale. SADA's partnership with Google Cloud will enhance our ability to serve clients who operate across multiple clouds and accelerate adoption of widely sought-after technologies like Generative Artificial Intelligence. SADA is being reported as a part of our North America operating segment. The total purchase price of $425,327,000, which is net of cash and cash equivalents acquired of $24,701,000, is comprised of the initial purchase price of $423,290,000 paid in cash upon the SADA acquisition, contractual adjustments to the purchase price of $450,000 and a seller retention fund of $5,000,000 payable post-closing. The purchase price also includes the estimated fair value of earn out payments of approximately $21,288,000, which provides an incentive opportunity for the sellers of up to $390,000,000, based on the SADA business achieving EBITDA and revenue growth performance through 2026. A portion of the purchase price was used to settle SADA’s stock-based compensation liabilities of $67,600,000 and pay SADA’s transaction costs of approximately $16,841,000 at acquisition in accordance with purchase agreement. The following table summarizes the preliminary purchase price and the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition (in thousands): Total purchase price, net of cash and cash equivalents acquired $ 425,327 Fair value of net assets acquired: Current assets $ 348,727 Identifiable intangible assets - see description below 158,100 Property and equipment 2,266 Other assets 260,185 Current liabilities (335,548) Long-term liabilities, including long-term accounts payable (125,425) Total fair value of net assets acquired 308,305 Excess purchase price over fair value of net assets acquired ("goodwill") $ 117,022 Under the acquisition method of accounting, the total purchase price as shown in the table above was allocated to the tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values. The excess of the purchase price over fair value of net assets acquired was recorded as goodwill. The estimated fair values of the majority of the current assets and liabilities are based upon their historical costs on the date of acquisition due to their short-term nature, with the exception of contract assets. The estimated fair value of the property and equipment are also based upon historical costs as they approximate fair value. The contract assets are an exception to the fair value model and are evaluated under relevant revenue recognition guidance including an allowance for credit losses using the current expected credit loss (“CECL”) model. The preliminary estimated fair value of net assets acquired was approximately $308,305,000, including $158,100,000 of identifiable intangible assets, consisting primarily of customer relationships of $124,700,000 and non-compete agreements of $26,200,000. The fair values were determined using the multiple-period excess earnings method and the lost income method, respectively. The identifiable intangibles resulting from the acquisition are amortized using the straight-line method over the following estimated useful lives: Intangible Assets Estimated Economic Life Customer relationships 10 Years Trade name 3 Years Non-compete agreements 3-5 Years Acquisition-related expenses recognized through December 31, 2023 was $3,572,000. Goodwill of $117,022,000, which was recorded in our North America operating segment, represents the excess of the purchase price over the estimated fair value assigned to tangible and identifiable intangible assets acquired and liabilities assumed from SADA. The goodwill is not amortized and will be tested for impairment annually in the fourth quarter of our fiscal year. The addition of the SADA technical employees to our team and the opportunity to grow our business are the primary factors making up the goodwill recognized as part of the transaction. The intangible assets and goodwill are tax deductible as the transaction is a deemed asset acquisition for U.S. federal income tax purposes after the Seller Parties undertook an internal restructuring pursuant to Section 368(a)(1)(F). The purchase price allocation is preliminary and was allocated using information currently available. Further information related to accounts receivable, contract assets, accounts payable, intangible assets, goodwill and various accrued expense balance assessments may lead to an adjustment of the purchase price allocation. We have consolidated the results of operations for SADA since its acquisition on December 1, 2023. Consolidated net sales and net earnings for the year ended December 31, 2023 include $33,451,000 and $14,502,000, respectively, from SADA. Due to seasonality in SADA's business, with the majority of net sales and net earnings historically being generated in the second half of the year, these results should not be considered indicative of future results. The following table reports unaudited pro forma information as if the acquisition of SADA had been completed at the beginning of 2022 (in thousands, except per share amounts): Year Ended December 31, 2023 2022 Net sales As reported $ 9,175,840 $ 10,431,191 Pro forma $ 9,367,386 $ 10,682,565 Net earnings As reported $ 281,309 $ 280,608 Pro forma $ 330,757 $ 308,243 Diluted earnings per share As reported $ 7.55 $ 7.66 Pro forma $ 8.88 $ 8.42 The pro forma results primarily include the adjustments to reflect the additional amortization of acquired intangible assets and interest expense on the additional borrowing under the ABL revolving credit facility, removal of acquisition-related costs, and the consequential tax effects of the pro forma adjustments and SADA tax status change. SADA’s stock-based compensation plans were fully vested and settled upon acquisition based on a preexisting change-in-control provision within the plan terms. Due to changes in the estimated fair value of awards, SADA recognized a stock-based compensation gain of $100,206,000 and $32,051,000 in its historical statements of operation for the years ended December 31, 2023 and 2022, respectively. These gains are reflected in the unaudited pro forma earnings above. As these plans were not replaced post-acquisition, there will be no future impact of SADA’s stock-based compensation plans on the Company. This unaudited pro forma financial information is for informational purposes only. It is neither indicative of the results of operations that would have been achieved had the acquisition been consummated at the beginning of 2022, nor is it necessarily indicative of future results. Amdaris Effective August 17, 2023, we acquired 100 percent of the issued and outstanding shares of Amdaris Group Limited (“Amdaris”) for a preliminary cash purchase price, net of cash and cash equivalents acquired, of approximately $82,875,000, excluding the estimated fair value of an earn out, reported in other liabilities, with a range of payouts through 2026 of $0 to $54,391,000. Amdaris, an award-winning software development and digital services specialist, provides innovative software development, application support, managed services and consultancy services to the customers in the United Kingdom with service delivery centers located in several eastern European countries. Amdaris has been recognized as a Microsoft Gold Certified Partner. We believe this acquisition expands our global Modern Apps and Data & AI areas of solutions expertise as a leading solutions integrator and enhances our technological capabilities and scale to deliver an even broader range of customized services and solutions to clients in EMEA. The preliminary fair value of net assets acquired was approximately $34,060,000, including $41,291,000 of identifiable intangible assets, consisting primarily of customer relationships that will be amortized using the straight-line method over the estimated economic life of ten years. The preliminary purchase price was allocated using the information currently available. Further information obtained upon the finalization of the fair value assumptions for identifiable intangible assets acquired and the finalization of the fair value of the non-cash working capital could lead to an adjustment of the purchase price allocation. Goodwill acquired approximated $71,698,000, which was recorded in our EMEA operating segment. We consolidated the results of operations for Amdaris within our EMEA operating segment beginning on August 17, 2023, the effective date of the acquisition. Our historical results would not have been materially affected by the acquisition of Amdaris and, accordingly, we have not presented pro forma information as if the acquisition had been completed at the beginning of each period presented in our consolidated statement of operations. Hanu In June 2022, we acquired 100 percent of the issued and outstanding shares of Hanu Software Solutions, Inc. and Hanu Software Solutions (India) Private Ltd. (collectively, “Hanu”) for a cash purchase price, net of cash and cash equivalents acquired, of approximately $90,106,000, including $15,307,000 attributed to an earn out agreement and including hold backs for representations and warranties of approximately $6,358,000, the majority of which will be paid in future periods. We finalized the earn out and paid $10,748,000 in April 2023 and $3,973,000 in November 2023. Hanu, a global leading cloud technology services and solutions provider, provides cloud solutions in the areas of applications and infrastructure, data and artificial intelligence, and cloud security to clients. Hanu is recognized as one of Microsoft’s top public cloud service partners globally. We believe this acquisition strengthens our service capabilities as a cloud solutions provider and is also a strategic investment in expanding our presence in India. The fair value of net assets acquired was approximately $20,183,000, including $24,750,000 of identifiable intangible assets, consisting primarily of customer relationships that will be amortized using the straight line method over the estimated economic life of ten years. The purchase price was allocated using the information available. Goodwill acquired approximated $69,923,000 which was recorded in our North America operating segment. We finalized the purchase price allocation in relation to this acquisition in May 2023. The completion of this work did not materially alter our preliminary purchase price allocation.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Pay vs Performance Disclosure
Net earnings	$ 281,309	$ 280,608	$ 219,345

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Dec. 31, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Operations and Summary of Sig_2

Operations and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business We help our clients accelerate their digital journey to modernize their businesses and maximize the value of technology. We serve these clients in North America; Europe, the Middle East and Africa (“EMEA”); and Asia-Pacific (“APAC”). As a Fortune 500-ranked solutions integrator, we enable secure, end-to-end digital transformation and meet the needs of our clients through a comprehensive portfolio of solutions, far-reaching partnerships and 35 years of broad IT expertise. We amplify our solutions and services with global scale, local expertise and our e-commerce experience, enabling our clients to realize their digital ambitions in multiple ways. Our company is organized in the following three operating segments, which are primarily defined by their related geographies: Operating Segment Geography North America United States ("U.S.") and Canada EMEA Europe, Middle East and Africa APAC Asia-Pacific
Acquisitions	Acquisitions Effective December 1, 2023, we acquired SADA Systems, LLC ("SADA"), a provider of cloud consultancy and technical services, for a preliminary cash purchase price of approximately $398,589,000, net of cash and cash equivalents acquired of $24,701,000 and excluding the estimated fair value of earn outs, reported in other liabilities, with a range of payouts through 2027 of $0 to $390,000,000. The acquisition was funded through a combination of cash on hand and borrowings under our senior secured revolving credit facility (the “ABL facility”). Effective August 17, 2023, we acquired Amdaris Group Limited (“Amdaris”), a software development and digital services specialist, for a preliminary cash purchase price, net of cash and cash equivalents acquired, of approximately $82,875,000, and excluding the estimated fair value of earn outs, reported in other liabilities, with a range of payouts through 2026 of $0 to $54,391,000. Effective June 1, 2022, we acquired Hanu Software Solutions, Inc. and Hanu Software Solutions (India) Private Ltd. (collectively, “Hanu”), a global leading cloud technology services and solutions provider, for a cash purchase price, net of cash and cash equivalents acquired, of approximately $68,248,000, excluding the earn out and hold backs for representations and warranties.
Principles of Consolidation and Presentation	Principles of Consolidation and Presentation The consolidated financial statements include the accounts of Insight Enterprises, Inc. and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Included in our accounts receivable, net balance at December 31, 2023 and 2022 is $26,025,000 and $11,069,000, respectively, of accounts receivable from an unconsolidated affiliate. References to “the Company,” “Insight,” “we,” “us,” “our” and other similar words refer to Insight Enterprises, Inc. and its consolidated subsidiaries, unless the context suggests otherwise. Certain amounts in the prior year’s consolidated financial statements and related footnotes thereto have been reclassified to conform with the current year presentation.
Acquisition Accounting	Acquisition Accounting The Company accounts for all business combinations using the acquisition method of accounting, which allocates the fair value of the purchase consideration to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values. The excess of the purchase consideration over the fair values of these identifiable assets and liabilities is recorded as goodwill. When determining the fair values of assets acquired and liabilities assumed, management makes estimates and assumptions. Initial purchase price allocations are subject to revision within the measurement period, not to exceed one year from the date of acquisition. Acquisition-related expenses and transaction costs associated with business combinations are expensed as incurred.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Additionally, these estimates and assumptions affect the reported amounts of net sales and expenses during the reporting period. Actual results could differ from those estimates. On an ongoing basis, we evaluate our estimates, including those related to sales recognition, anticipated achievement levels under partner funding programs, assumptions related to stock-based compensation valuation, allowances for doubtful accounts and contract assets, valuation of inventories, litigation-related obligations, valuation allowances for deferred tax assets and impairment of long-lived assets, including purchased intangibles and goodwill, if indicators of potential impairment exist.
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash We consider all highly liquid investments with maturities at the date of purchase of three months or less to be cash equivalents. Book overdrafts represent the amount by which outstanding checks issued, but not yet presented to our banks for disbursement, exceed balances on deposit in applicable bank accounts and a legal right of offset with our positive cash balances in other financial institution accounts does not exist. Our book overdrafts, which are not directly linked to a credit facility or other bank overdraft arrangement, do not result in an actual bank financing, but rather constitute normal unpaid trade payables at the end of a reporting period. These amounts are included within our accounts payable balance in our consolidated balance sheets. The changes in these book overdrafts are included within the changes in accounts payable line item as a component of cash flows from operating activities in our consolidated statements of cash flows.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts Receivable We establish an allowance for doubtful accounts to reflect our best estimate of probable losses inherent in our accounts receivable balance. The allowance is based on our evaluation of the aging of the receivables, historical write-offs and the current economic environment. We write off individual accounts against the reserve when we no longer believe that it is probable that we will collect the receivable because we become aware of a client’s or partner’s inability to meet its financial obligations. Such awareness may be as a result of bankruptcy filings, or deterioration in the client’s or partner’s operating results or financial position. Allowance for Contract Assets We estimate our allowances for credit losses on contract assets using relevant available information from internal and external sources, related to past events, current conditions and reasonable and supportable forecasts. Historical credit loss experience provides the basis for the estimation of expected credit losses. Probability of default rates are published quarterly by third-party credit agencies. Adjustments to our initial credit risk ratings may take into account various customer specific factors, including estimated loss given default, the locations in which the customer is operating and macroeconomic conditions. These adjustments result in our internal risk rating categorization as low, moderate or high, as disclosed in Note 2.
Inventories	Inventories We state inventories, principally purchased IT hardware, at the lower of weighted average cost (which approximates cost under the first-in, first-out method) or net realizable value. We evaluate inventories for excess, obsolescence or other factors that may render inventories unmarketable at normal margins. Write-downs are recorded so that inventories reflect the approximate net realizable value and take into account contractual provisions with our partners governing price protection, stock rotation and return privileges relating to obsolescence. Because of the large number of transactions and the complexity of managing the price protection and stock rotation process, estimates are made regarding write-downs of the carrying amount of inventories. Additionally, assumptions about future demand, market conditions and decisions by manufacturers/publishers to discontinue certain products or product lines can affect our decision to write down inventories.
Property and Equipment	Property and Equipment We record property and equipment at cost. We capitalize major improvements and betterments, while maintenance, repairs and minor replacements are expensed as incurred. Depreciation or amortization is provided using the straight-line method over the following estimated economic lives of the assets: Estimated Economic Life Leasehold improvements Shorter of underlying lease term or asset life Furniture and fixtures 2 – 7 years Equipment 3 – 5 years Software 3 – 10 years Buildings 29 years External direct costs of materials and services consumed in developing or obtaining internal-use computer software and payroll and payroll-related costs for teammates who are directly associated with and who devote time to internal-use computer software development projects, to the extent of the time spent directly on the project and specific to application development, are capitalized. Reviews are regularly performed to determine whether facts and circumstances exist which indicate that the economic life is shorter than originally estimated or the carrying amount of assets may not be recoverable. When an indication exists that the carrying amount of long-lived assets may not be recoverable, we assess the recoverability of our assets by comparing the projected undiscounted net cash flows associated with the related asset or group of assets over their remaining lives against their respective carrying amounts. Such impairment test is based on the lowest level for which identifiable cash flows are largely independent of the cash flows of other
Goodwill	Goodwill Goodwill is recorded when the purchase price paid for an acquisition exceeds the estimated fair value of net identified tangible and intangible assets acquired. Goodwill is tested for impairment at the reporting unit level on an annual basis in the fourth quarter and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of the reporting unit below its carrying value. We may first perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. If it is concluded that this is the case, it is necessary to perform a quantitative goodwill impairment test. Otherwise, the goodwill impairment test is not required. The quantitative goodwill impairment review process compares the fair value of the reporting unit in which goodwill resides to its carrying value. The Company has three reporting units, which are the same as our operating segments. Multiple valuation techniques would likely be used to assess the fair value of the reporting unit. These techniques include the use of estimates and assumptions that are inherently uncertain. Changes in these estimates and assumptions could materially affect the determination of fair value or goodwill impairment, or both.
Intangible Assets	Intangible Assets We amortize finite lived intangible assets acquired in business combinations using the straight-line method over the estimated economic lives of the intangible assets from the date of acquisition. We regularly perform reviews to determine if facts and circumstances exist which indicate that the economic lives of our intangible assets are shorter than originally estimated or the carrying amount of these assets may not be recoverable. When an indication exists that the carrying amount of intangible assets may not be recoverable, we assess the recoverability of our assets by comparing the projected undiscounted net cash flows associated with the related asset or group of assets over their remaining lives against their respective carrying amounts. Such impairment test is based on the lowest level for which identifiable cash flows are largely independent of the cash flows of other groups of assets and liabilities. Impairment, if any, is based on the excess of the carrying amount over the estimated fair value of those assets.
Long-term Accounts Receivable	Long-term Accounts Receivable and Contract Assets We recognize long-term accounts receivable, including unbilled receivables, related to multi-year contracts when we have completed our performance obligations under the contract and where our right to receive consideration from the client is unconditional and based on the passage of time only. We recognize long-term contract assets related to multi-year contracts when we have completed our performance obligations under the contract but do not have an unconditional right to receive consideration. When our right to consideration is contingent upon other factors, such as a client consuming future services under the contract we recognize a contract asset until our right to receive consideration becomes unconditional.
Leases	Leases We determine if a contract or arrangement is, or contains, a lease at inception. Balances related to operating leases are included in other assets, other current liabilities, and other liabilities in our consolidated balance sheet. Balances related to financing leases are included in property and equipment, current portion of long-term debt, and long-term debt in our consolidated balance sheet. Right of use (“ROU”) assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. We use the implicit rate when readily determinable. The operating lease ROU asset includes any prepaid lease payments and additional direct costs and excludes lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option.
Self Insurance	Self-Insurance
Treasury Stock	Treasury Stock We record repurchases of our common stock as treasury stock at cost. We also record the subsequent retirement of these treasury shares at cost. The excess of the cost of the shares retired over their par value is allocated between additional paid-in capital and retained earnings. The amount recorded as a reduction of paid-in capital is based on the excess of the average original issue price of the shares over par value. The remaining amount is recorded as a reduction of retained earnings.
Sales Recognition	Sales Recognition Revenue is measured based on the consideration specified in a contract with a client, and excludes any sales incentives and amounts collected on behalf of third parties. The Company recognizes revenue when it satisfies a performance obligation by transferring control of a product or service or by arranging for the sale of a vendor’s products or service to a client. Taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction, that are collected by the Company from a client, are excluded from revenue. We record the freight we bill to our clients as product net sales and the related freight costs we pay as product costs of goods sold. Nature of Goods and Services We sell hardware and software products on both a stand-alone basis without any services and as solutions bundled with services. When we provide a combination of hardware and software products with the provision of services, we separately identify our performance obligations under our contract with the client as the distinct goods (hardware and/or software products) or services that will be provided. The total transaction price for an arrangement with multiple performance obligations is allocated at contract inception to each distinct performance obligation in proportion to its stand-alone selling price. The stand-alone selling price is the price at which we would sell a promised good or service separately to a client. We estimate the price based on observable inputs, including direct labor hours and allocable costs, or use observable stand-alone prices when they are available. Product Offerings Hardware We recognize hardware product revenue on a gross basis at the point in time when a client takes control of the hardware, which typically occurs when title and risk of loss have passed to the client at its destination. Our selling terms and conditions typically specify Free On Board (“F.O.B.”) destination contractual terms such that control is transferred from the Company at the point in time when the product is received by the client. The transaction price for hardware sales is adjusted for estimated product returns that we expect to occur under our return policy based upon historical return rates. We leverage drop-shipment arrangements with many of our partners and suppliers to deliver products to our clients without having to physically hold the inventory at our warehouses, thereby increasing efficiency and reducing costs. We recognize revenue for drop-shipment arrangements on a gross basis as the principal in the transaction when the product is received by the client because we control the product prior to transfer to the client. In addition to other factors considered, we assume primary responsibility for fulfillment in the arrangement, we assume inventory risk if the product is returned by the client, we set the price of the product charged to the client and we work closely with our clients to determine their hardware specifications. Bill and Hold Transactions We offer a service to our customers whereby clients may purchase product that we procure on their behalf and, at our clients’ direction, store the product in our warehouse for a designated period of time, with the intention of deploying the product to the clients’ designated locations at a later date. These warehousing services are designed to help our clients with inventory management challenges associated with technology roll-outs, product that is moving to end of life, or clients needing integrated stock available for immediate deployment. The client is invoiced, title transfers to the client, and revenue is recognized upon receipt of the product at our warehouse. These product contracts are non-cancelable with customary credit terms beginning the date the product is received in our warehouse and the warranty periods begin on the date of invoice. Software We recognize revenue from software sales on a gross basis at the point in time when the client acquires the right to use or copy software under license and control transfers to the client. For renewals, revenue is recognized upon the commencement of the software license agreement or when the renewal term begins, as applicable. A substantial portion of the software licenses we sell are perpetual software licenses and do not require renewal or extension after their initial purchase by the client. Such perpetual licenses are periodically subject to true-up, whereby additional perpetual licenses are sold under the client’s pre-existing master agreement. Such true-ups are generally sold in arrears, and clients are invoiced for the additional licenses they had already been utilizing. Since the client already possessed copies of the licensed software prior to the true-up, software revenue related to the underlying additional licenses is recognized when we agree to the true-up with our client and the partner. For sales transactions for certain security software products that are sold with integral third-party delivered software maintenance, we record the software license on a net basis, as the agent in the arrangement. Services Offerings Software Maintenance Software maintenance agreements provide our clients with the right to obtain any software upgrades, bug fixes and help desk and other support services directly from the software publisher at no additional charge during the term of the software maintenance agreements. We act as the software publisher’s agent in selling these software maintenance agreements and do not assume any performance obligation to the client under the agreements. As a result, we are the agent in these transactions and these sales are recorded on a net sales recognition basis. Under net sales recognition, the cost of the software maintenance agreement is recorded as a reduction to sales, resulting in net sales equal to the gross profit on the transaction, and there are no costs of goods sold. Because we are acting as the software publisher’s agent, revenue is recognized when the parties agree to the initial purchase, renewal or extension as our agency services are then complete. We report all fees earned from activities reported net within our services net sales category in our consolidated statements of operations. Vendor Direct Support Services Contracts Clients may purchase a vendor direct support services contract through us. Under these contracts, our clients call the manufacturer/publisher or its designated service organization directly for both the initial technical triage and any follow-up assistance. We act as the manufacturer/publisher’s agent in selling these support service contracts and do not assume any performance obligation to the client under the arrangements. As a result, these sales are recorded on a net sales recognition basis similar to software maintenance agreements, as discussed above. Because we are acting as the agent, revenue is recognized when the parties agree to the purchase of the support services contract as our agency services are then complete. Cloud / Software-as-a-Service Offerings Cloud or software-as-a-service (“SaaS”) subscription products provide our clients with access to software products hosted in the public cloud without the client taking possession of the software. We act as the agent in selling these software-as-a service subscription products. We do not take control of the software products or assume any performance obligations to the clients related to the provisioning of the offerings in the cloud. As a result, these sales are recorded on a net sales recognition basis. We report all fees earned from activities recognized net within our services net sales category in our consolidated statements of operations. Because we are acting as the agent in the transaction, revenue is recognized when the parties agree to the purchase of the cloud or SaaS offerings as our agency services are then complete. Often, these agency fees are based on end-client usage and therefore are variable throughout the term of the service contract. Where this variable consideration is uncertain, we recognize our agency revenue to the extent that a significant reversal will not occur. Insight Delivered Services We design, procure, deploy, implement and manage solutions that combine hardware, software and services to help businesses run smarter. Such services are provided by us or third-party sub-contract vendors as part of bundled arrangements, or are provided separately on a stand-alone basis as technical, consulting or managed services engagements. If the services are provided as part of a bundled arrangement with hardware and software, the hardware, software and services are generally distinct performance obligations. In general, we recognize revenue from services engagements as we perform the underlying services and satisfy our performance obligations. We recognize revenue from sales of services by measuring progress toward complete satisfaction of the related service performance obligation. Billings for such services that are made in advance of the related revenue recognized are recorded as a contract liability. Specific revenue recognition practices for certain of our services offerings are described in further detail below. Time and Materials Services Contracts We recognize revenue for professional services engagements that are on a time and materials basis based upon hours incurred for the performance completed to date for which we have the right to consideration, even if such amounts have not yet been invoiced as of period end. Fixed Fee Services Contracts We recognize revenue on fixed fee professional services contracts using a proportional performance method of revenue recognition based on the ratio of direct labor and other allocated costs incurred to total estimated direct labor and other allocated costs. OneCall Support Services Contracts When we sell certain hardware and/or software products to our clients, we also enter into service contracts with them. These contracts are support service agreements for the hardware and/or software products that were purchased from us. Under certain support services contracts, although we purchase third-party support contracts for maintenance on the specific hardware or software products we have sold, our internal support desk assists the client first by performing an initial technical triage to determine the source of the problem and whether we can direct the client on how to fix the problem. We refer to these services as “OneCall.” We act as the principal in the transaction because we perform the OneCall services over the term of the support service contract and we set the price of the service charged to the client. As a result, we recognize revenue from OneCall extended service contracts on a gross sales recognition basis. We recognize the revenue ratably over the contract term of the stand ready obligation, generally one to three years. On our consolidated balance sheet, a significant portion of our contract liabilities balance relates to OneCall support services agreements for which clients have paid or have been invoiced but for which we have not yet recognized the applicable services revenue. We also defer incremental direct costs to fulfill our service contracts that we prepay to third parties for direct support of our fulfillment of the service contract to our clients under our contract terms and amortize them into operations over the term of the contracts. Third-party Provided Services
Costs of Goods Sold	Costs of Goods Sold
Selling and Administrative Expenses	Selling and Administrative Expenses
Partner Funding	Partner Funding We receive payments and credits from partners, including consideration pursuant to volume sales incentive programs, volume purchase incentive programs and shared marketing expense programs. Partner funding received pursuant to volume sales incentive programs is recognized as it is earned as a reduction to costs of goods sold. Partner funding received pursuant to volume purchase incentive programs is allocated as a reduction to inventories based on the applicable incentives earned from each partner and is recorded in cost of goods sold as the related
Concentrations of Risk	Concentrations of Risk Credit Risk Although we are affected by the international economic climate, management does not believe material credit risk concentration existed at December 31, 2023. We monitor our clients’ financial condition and do not require collateral. No single client accounted for more than 10% of our consolidated net sales in 2023. Partner Risk Purchases from Microsoft and TD Synnex accounted for approximately 27% and 12%, respectively, of our aggregate purchases in 2023. No other partner accounted for more than 10% of purchases in 2023. Our top five partners as a group for 2023 were Microsoft, TD Synnex (a distributor), Cisco Systems, Ingram Micro (a distributor) and Dell, and approximately 60% of our total purchases during 2023 came from this group of partners. Although brand names and individual products are important to our business, we believe that competitive sources of supply are available in substantially all of our product categories such that, with the exception of Microsoft, we are not dependent on any single partner for sourcing products.
Advertising Costs	Advertising Costs Advertising costs are expensed as they are incurred. Advertising expense of $81,959,000, $88,667,000 and $66,375,000 was recorded in 2023, 2022 and 2021, respectively. These amounts were predominantly offset by partner funding earned pursuant to shared marketing expense programs recorded as a reduction of selling and administrative expenses, as discussed in “Partner Funding” above.
Stock-Based Compensation	Stock-Based Compensation
Foreign Currencies	Foreign Currencies We use the U.S. dollar as our reporting currency. The functional currencies of our foreign subsidiaries are typically the local currencies. Accordingly, assets and liabilities of the subsidiaries are translated into U.S. dollars at the exchange rate in effect at the balance sheet dates. Income and expense items are translated at the average exchange rate for each month within the year. The resulting translation adjustments are recorded directly in accumulated other comprehensive income, net of tax – foreign currency translation adjustments as a separate component of stockholders’ equity. Net foreign currency transaction gains/losses, including transaction gains/losses on intercompany balances that are not of a long-term investment nature and non-functional currency cash balances, are reported in other expense (income), net within non-operating (income) expense in our consolidated statements of operations.
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable earnings in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in earnings in the period that includes the enactment date. We recognize net deferred tax assets to the extent that we believe these assets are more likely than not to be realized. In making such a determination, we consider all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies and results of recent operations. If we determine that we would be able to realize our deferred tax assets in the future in excess of their net recorded amount, we would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. We record uncertain tax positions on the basis of a two-step process whereby (1) we determine whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, we recognize the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. Interest and penalties related to unrecognized tax benefits are recognized within the income tax expense line in our consolidated statements of operations. Accrued interest and penalties are included within the related tax liability line in our consolidated balance sheets.
Contingencies	Contingencies From time to time, we are subject to potential claims and assessments from third parties. We are also subject to various government agency, client and partner audits. We continually assess whether or not such claims have merit and warrant accrual. An accrual is made if it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. Such estimates are subject to change and may affect our results of operations and our cash flows.
Net Earnings Per Share ("EPS")	Net Earnings Per Share (“EPS”) Basic EPS is computed by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding during each year. Diluted EPS is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding RSUs and certain shares underlying our outstanding convertible senior notes (the "Notes") and the warrants relating to the Call Spread Transactions (as defined in Note 8), as applicable. A reconciliation of the denominators of the basic and diluted EPS calculations follows (in thousands, except per share data): Years Ended December 31, 2023 2022 2021 Numerator: Net earnings $ 281,309 $ 280,608 $ 219,345 Denominator: Weighted-average shares used to compute basic EPS 32,991 34,903 35,011 Dilutive potential common shares due to: Dilutive RSUs, net of tax effect 288 251 399 Convertible senior notes 2,619 1,466 1,453 Warrants 1,343 — — Weighted-average shares used to compute diluted EPS 37,241 36,620 36,863 Net earnings per share: Basic $ 8.53 $ 8.04 $ 6.27 Diluted $ 7.55 $ 7.66 $ 5.95 For the years ended December 31, 2023, 2022 and 2021, approximately 54,000, 39,000 and 2,000, respectively, of our RSUs were excluded from the diluted EPS calculations because their inclusion would have been anti-dilutive. These share-based awards could be dilutive in the future. For the years ended December 31, 2022, and 2021, certain potential outstanding shares from the warrants relating to the Call Spread Transactions were excluded from the diluted EPS calculations because their inclusion would have been anti-dilutive.
Recently Issued Accounting Standards	Recently Issued Accounting Standards In November 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standard Update ("ASU") No. 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures", which requires public entities to disclose information about their reportable segments' significant expenses on an interim and annual basis. The amendments aim to improve interim disclosure requirements, clarify situations where an entity can reveal multiple segment measures of profit or loss, provide new segment disclosure requirements for entities with a single reportable segment, and include other disclosure requirements. The main objective of the amendments is to assist investors in understanding the entity's overall performance and evaluate potential future cash flows. The guidance is effective for fiscal years beginning after December 15, 2023 and interim periods within fiscal years beginning after December 15, 2024 with early adoption being permitted. We adopted this standard effective January 1, 2024 and it did not have a material effect on the Company's consolidated financial statements or disclosures. In September 2022, the FASB issued ASU No. 2022-04, “Liabilities - Supplier Finance Programs (Subtopic 405-50)”. This standard is intended to address requests from stakeholders for information about an entity’s use of supplier finance programs and their effect on the entity’s working capital, liquidity, and cash flows. The guidance was effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, except for the amendment on roll-forward information requirement, which is effective for fiscal years beginning after December 15, 2023. The Company adopted this standard effective January 1, 2023, with the exception of the roll-forward information requirement. The adoption did not have a material effect on the Company's disclosures. In October 2021, the FASB issued ASU No. 2021-08, "Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers", which clarifies how to properly account for deferred revenue in a business combination. The amendments require an acquirer to use the guidance in ASC 606, Revenue from Contracts with Customers, rather than using fair value, when recognizing and measuring contract assets and contract liabilities related to customer contracts assumed in a business combination. The guidance is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption is permitted. The Company adopted this standard effective January 1, 2023 and the adoption did not have a material effect on the Company's consolidated financial statements or disclosures. In August 2020, the Financial Accounting Standards Board ("FASB") issued ASU No. 2020-06, "Accounting for Convertible Instruments and Contracts in an Entity's Own Equity". The new guidance is intended to simplify the accounting for certain convertible instruments with characteristics of both liability and equity. The guidance removed certain accounting models which separate the embedded conversion features from the host contract for convertible instruments. As a result, after the adoption of this guidance, an entity's convertible debt instrument will be wholly accounted for as debt. The guidance also expanded disclosure requirements for convertible instruments and simplified areas of the guidance for diluted earnings-per-share calculations by requiring the use of the if-converted method. The guidance was effective for fiscal years beginning after December 15, 2021, and could have been adopted on either a fully retrospective or modified retrospective basis. The Company adopted this standard effective January 1, 2022, using the modified retrospective approach. Therefore, financial statements for the year ended December 31, 2022 and forward are presented under the new standard, while the comparative period is not adjusted and is reported in accordance with the Company's previous method of accounting. The adoption of ASU 2020-06 significantly impacted our consolidated statements of operations and consolidated balance sheet as we no longer report accreted interest on the Notes. The cumulative effect adjustment from prior periods that we recognized in our consolidated balance sheet as adjustments to reduce additional paid in capital and increase retained earnings were $44,731,000 and $17,789,000, respectively. Had we followed the prior method of accounting for the year ended December 31, 2022, reported basic and diluted EPS would decrease by $0.24 and $0.22, respectively, from $8.04 and $7.66, respectively, to $7.80 and $7.44, respectively.

Operations and Summary of Sig_3

Operations and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Operating Segments by Geographic Location	Our company is organized in the following three operating segments, which are primarily defined by their related geographies: Operating Segment Geography North America United States ("U.S.") and Canada EMEA Europe, Middle East and Africa APAC Asia-Pacific
Estimated Economic Lives of Property and Equipment	We record property and equipment at cost. We capitalize major improvements and betterments, while maintenance, repairs and minor replacements are expensed as incurred. Depreciation or amortization is provided using the straight-line method over the following estimated economic lives of the assets: Estimated Economic Life Leasehold improvements Shorter of underlying lease term or asset life Furniture and fixtures 2 – 7 years Equipment 3 – 5 years Software 3 – 10 years Buildings 29 years
Reconciliation of Denominators of Basic and Diluted EPS Calculations	A reconciliation of the denominators of the basic and diluted EPS calculations follows (in thousands, except per share data): Years Ended December 31, 2023 2022 2021 Numerator: Net earnings $ 281,309 $ 280,608 $ 219,345 Denominator: Weighted-average shares used to compute basic EPS 32,991 34,903 35,011 Dilutive potential common shares due to: Dilutive RSUs, net of tax effect 288 251 399 Convertible senior notes 2,619 1,466 1,453 Warrants 1,343 — — Weighted-average shares used to compute diluted EPS 37,241 36,620 36,863 Net earnings per share: Basic $ 8.53 $ 8.04 $ 6.27 Diluted $ 7.55 $ 7.66 $ 5.95

Receivables, Contract Assets,_2

Receivables, Contract Assets, Contract Liabilities and Performance Obligations (Tables)	12 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Summary of Information about Receivables and Contract Liabilities	The following table provides information about receivables and contract liabilities as of December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 Current receivables, which are included in “Accounts receivable, net” $ 3,568,290 $ 3,272,371 Contract assets, net 120,518 7,909 Long-term accounts receivable 412,666 160,818 Long-term contract assets $ 132,780 $ — Contract liabilities, which are included in “Accrued expenses and other current liabilities” and “Other liabilities” $ 107,217 $ 102,057
Summary of Changes in Contract Liabilities from Contract with Customers	Significant changes in the contract assets balances during the years ended December 31, 2023 and 2022 are as follows (in thousands): Contract Assets Balances at December 31, 2021 $ 4,757 Reclassification of beginning contract assets to receivables, as a result of rights to consideration becoming unconditional (4,757) Contract assets recognized, net of reclassification to receivables 7,909 Balances at December 31, 2022 $ 7,909 Contract assets acquired through business combination 246,666 Reclassification of beginning contract assets to receivables, as a result of rights to consideration becoming unconditional (33,638) Contract assets recognized, net of reclassification to receivables 51,350 Balances at December 31, 2023 $ 272,287 Contract assets consist of amounts the Company is entitled to for the resale of third-party consumption-based services, prior to payment becoming unconditional. In these transactions, the Company invoices clients for the gross amount of consideration it is responsible to collect, including amounts ultimately passed on to the third-party service providers. As of December 31, 2023 contract assets, net of allowances, were $253,298,000. Gross contract assets by our internal risk ratings as of December 31, 2023 are summarized as follows (in thousands): Contract assets Low risk $ 46,280 Moderate risk 56,850 High risk 169,157 Total contract assets $ 272,287 Significant changes in the liabilities balances during the years ended December 31, 2023 and 2022 are as follows (in thousands): Contract Balances at December 31, 2021 $ 116,067 Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied (77,334) Cash received in advance and not recognized as revenue 63,324 Balances at December 31, 2022 $ 102,057 Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied (67,351) Cash received in advance and not recognized as revenue 72,511 Balances at December 31, 2023 $ 107,217
Summary of Estimated Net Sales Related to Performance Obligation	The following table includes estimated net sales related to performance obligations that are unsatisfied (or partially unsatisfied) as of December 31, 2023 that are expected to be recognized in the future (in thousands): Services 2024 $ 94,689 2025 33,174 2026 17,538 2027 and thereafter 7,543 Total remaining performance obligations $ 152,944

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
Property and Equipment (Tables)	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment consist of the following (in thousands): December 31, 2023 2022 Software 156,952 161,943 Buildings 109,639 98,228 Equipment 56,051 54,110 Furniture and fixtures 40,738 40,700 Leasehold improvements 28,077 26,065 Land 38,195 38,195 429,652 419,241 Accumulated depreciation and amortization (219,591) (214,981) Property and equipment, net 210,061 204,260

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
Goodwill (Tables)	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill	The changes in the carrying amount of goodwill for the year ended December 31, 2023 are as follows (in thousands): North America EMEA APAC Consolidated Goodwill $ 727,013 $ 169,174 $ 20,993 $ 917,180 Accumulated impairment losses (323,422) (151,439) (13,973) (488,834) Goodwill acquired during 2022 69,923 — — 69,923 Measurement period adjustments during 2022 — — — — Foreign currency translation adjustment (2,991) (1,748) (497) (5,236) Balance at December 31, 2022 $ 470,523 $ 15,987 $ 6,523 $ 493,033 Goodwill acquired during 2023 117,022 71,698 — 188,720 Foreign currency translation adjustment 1,338 1,163 91 2,592 Balance at December 31, 2023 $ 588,883 $ 88,848 $ 6,614 $ 684,345

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
Intangible Assets (Tables)	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Intangible Assets, Net	Intangible assets consist of the following (in thousands): December 31, 2023 2022 Customer relationships $ 501,831 $ 338,755 Other 43,319 8,540 545,150 347,295 Accumulated amortization (175,463) (142,297) Intangible assets, net $ 369,687 $ 204,998
Future Amortization Expenses	Future amortization expense for the remaining unamortized balance as of December 31, 2023 is estimated as follows (in thousands): Years Ending December 31, Amortization Expense 2024 $ 59,644 2025 59,343 2026 57,804 2027 37,690 2028 36,264 Thereafter 118,942 Total amortization expense $ 369,687

Debt, Finance Leases and Othe_2

Debt, Finance Leases and Other Financing Obligations (Tables)	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Long-Term Debt	Our long-term debt consists of the following (in thousands): December 31, 2023 2022 ABL revolving credit facility $ 591,500 $ 291,599 Convertible senior notes due 2025 347,988 346,199 Finance leases and other financing obligations 1,033 102 940,521 637,900 Less: current portion of long-term debt (348,004) (346,228) Long-term debt $ 592,517 $ 291,672
Schedule of Convertible Senior Notes Balances	The Notes consist of the following balances reported within the consolidated balance sheet as of December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 Liability: Principal $ 350,000 $ 350,000 Less: debt issuance costs, net of accumulated amortization (2,012) (3,801) Net carrying amount $ 347,988 $ 346,199
Summary of Interest Expense Components Resulting From Notes	The following table summarizes the interest expense components resulting from the Notes reported within the consolidated statement of operations for the years ended December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 2021 Contractual coupon interest $ 2,625 $ 2,625 $ 2,625 Amortization of debt discount $ — $ — $ 10,702 Amortization of debt issuance costs $ 1,789 $ 1,789 $ 1,422

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Dec. 31, 2023
Leases [Abstract]
Schedule of Financial Statement Classification of Lease Balances With Consolidated Balance Sheet	The following table provides information about the financial statement classification of our lease balances reported within the consolidated balance sheets as of December 31, 2023 and December 31, 2022 (in thousands): December 31, Leases Classification 2023 2022 Assets Operating lease assets Other assets $ 84,956 $ 76,160 Finance lease assets Property and equipment (a) — 59 Total lease assets $ 84,956 $ 76,219 Liabilities Current Operating lease liabilities Accrued expenses and other current liabilities $ 20,582 $ 19,213 Finance lease liabilities Current portion of long-term debt — 28 Non-current Operating lease liabilities Other liabilities 71,033 63,324 Total lease liabilities $ 91,615 $ 82,565 (a) Recorded net of accumulated amortization of $48,000 as of December 31, 2022.
Schedule of Financial Statement Classification of Lease Balances With Consolidated Statement of Operations	The following table provides information about the financial statement classification of our lease expenses reported within the consolidated statement of operations for the years ended December 31, 2023 and 2022 (in thousands): December 31, Lease cost Classification 2023 2022 Operating lease cost (a) Selling and administrative expenses $ 24,054 $ 23,986 Finance lease cost Amortization of leased assets Selling and administrative expenses 16 29 Interest on lease liabilities Interest expense, net — 2 Total lease cost $ 24,070 $ 24,017 (a) Excludes short-term and variable lease costs, which are immaterial.
Schedule of Future Minimum Lease Payments Under Non-cancelable Leases	Future minimum lease payments under non-cancelable leases as of December 31, 2023 are as follows (in thousands): Operating leases 2024 $ 23,811 2025 20,084 2026 17,113 2027 13,818 2028 10,161 After 2028 17,386 Total lease payments 102,373 Less: Interest (10,758) Present value of lease liabilities $ 91,615
Schedule of Weighted Average Remaining Term and Discount Rates	The following table provides information about the remaining lease terms and discount rates applied as of December 31, 2023 and 2022: December 31, 2023 2022 Weighted average remaining lease term (years): Operating leases 5.46 5.67 Finance leases — 0.75 Weighted average discount rate (%): Operating leases 4.21 3.49 Finance leases — 1.49
Schedule of Other Information Related to Leases	The following table provides other information related to leases for the years ended December 31, 2023 and 2022 (in thousands): December 31, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 24,088 $ 23,674 Leased assets obtained in exchange for new operating lease liabilities (a) 28,675 22,725 (a) Includes operating lease assets acquired as part of the Amdaris and SADA acquisitions of $2,881,000 and $2,032,000, respectively.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
Stock-Based Compensation (Tables)	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Pre-tax Amounts by Operating Segment for Stock-Based Compensation	We recorded the following pre-tax amounts in selling and administrative expenses for stock-based compensation, by operating segment, in the accompanying consolidated financial statements (in thousands): Years Ended December 31, 2023 2022 2021 North America $ 22,069 $ 17,822 $ 13,699 EMEA 5,557 3,960 3,844 APAC 1,325 928 658 Total Consolidated $ 28,951 $ 22,710 $ 18,201
Summary of Restricted Stock Units Activity	The following table summarizes our RSU activity during 2023: Number Weighted Average Grant Date Fair Value Fair Value Nonvested at the beginning of year 643,660 $ 86.53 Service-based RSUs granted 183,781 $ 132.49 Performance-based RSUs granted 34,080 $ 130.62 Performance-based RSUs (rTSR) granted 33,506 $ 206.08 Performance-based RSUs - Ambition granted 110,561 $ 169.75 Vested, including shares withheld to cover taxes (294,686) $ 78.05 $ 39,239,334 (a) Forfeited (57,000) $ 114.11 Nonvested at the end of year 653,902 $ 123.23 $ 115,864,895 (b) (a) The aggregate fair value of vested RSUs represents the total pre-tax fair value, based on the closing stock price on the day of vesting, which would have been received by holders of RSUs had all such holders sold their underlying shares on that date. The aggregate intrinsic value for RSUs which vested during 2022 and 2021 was $29,805,641 and $34,558,405, respectively. (b) The aggregate fair value of the nonvested RSUs and the RSUs expected to vest represents the total pre-tax fair value, based on our closing stock price of $177.19 as of December 29, 2023, which would have been received by holders of RSUs had all such holders sold their underlying shares on that date.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Earning Before Income Taxes and Related Income Tax Expenses	The following table presents the U.S. and foreign components of earnings before income taxes and the related income tax expense (in thousands): Years Ended December 31, 2023 2022 2021 Earnings before income taxes: United States $ 263,421 $ 274,415 $ 200,657 Foreign 114,433 100,018 91,900 $ 377,854 $ 374,433 $ 292,557 Income tax expense: Current: U.S. Federal $ 62,575 $ 61,245 $ 29,478 U.S. State and local 16,764 15,788 7,391 Foreign 30,286 26,043 24,485 109,625 103,076 61,354 Deferred: U.S. Federal (10,923) (7,267) 11,104 U.S. State and local (3,324) (1,153) 3,239 Foreign 1,167 (831) (2,485) (13,080) (9,251) 11,858 $ 96,545 $ 93,825 $ 73,212
Schedule Reconciles Difference Between U.S. Federal Income Taxes at U.S. Statutory Rate and Our Income Tax Expense	The following schedule reconciles the differences between the U.S. federal income taxes at the U.S. statutory rate and our income tax expense (dollars in thousands): 2023 2022 2021 Statutory federal income tax rate $ 79,349 21.0 % $ 78,631 21.0 % $ 61,437 21.0 % State income tax expense, net of federal income tax benefit 12,113 3.2 13,962 3.7 10,666 3.6 Audits and adjustments, net (925) (0.2) 2,273 0.6 2,131 0.7 Change in valuation allowances 1,616 0.4 (2,551) (0.7) 1,317 0.5 Foreign income taxed at different rates 6,133 1.6 5,660 1.5 4,308 1.5 Research and other credits (3,036) (0.8) (3,870) (1.0) (4,352) (1.5) Other, net 1,295 0.4 (280) — (2,295) (0.8) Effective tax rate $ 96,545 25.6 % $ 93,825 25.1 % $ 73,212 25.0 %
Significant Components of Deferred Tax Assets and Liabilities	The significant components of deferred tax assets and liabilities are as follows (in thousands): December 31, 2023 2022 Deferred tax assets: Capitalized research expenses $ 33,569 $ 17,682 Loss carryforwards $ 25,690 $ 24,571 Foreign tax credits 9,976 10,681 Other 31,246 37,315 Gross deferred tax assets 100,481 90,249 Valuation allowances (33,385) (32,546) Total deferred tax assets 67,096 57,703 Deferred tax liabilities: Goodwill and other intangibles (58,512) (56,275) Property and equipment (31,194) (26,905) Other (1,916) (1,744) Total deferred tax liabilities (91,622) (84,924) Net deferred tax liabilities $ (24,526) $ (27,221)
Net Non-Current Deferred Tax Assets and Liabilities	The net non-current deferred tax assets and liabilities are as follows (in thousands): December 31, 2023 2022 Net non-current deferred tax assets, which are included in "Other assets" $ 3,062 $ 5,623 Net non-current deferred tax liabilities (27,588) (32,844) Net deferred tax liabilities $ (24,526) $ (27,221)

Share Repurchase Programs (Tabl

Share Repurchase Programs (Tables)	12 Months Ended
Share Repurchase Programs (Tables)	Dec. 31, 2023
Equity [Abstract]
Summary of Shares of Common Stock Repurchased Under Repurchase Programs	The following table summarizes the shares of our common stock that we repurchased on the open market under these repurchase programs during the years ended December 31, 2023, 2023 and 2022, respectively, in thousands, except per share amounts: Year Total Number of Shares Purchased Average Price Paid per Share Approximate Dollar Value of Shares Purchased 2023 1,634 $ 132.90 $ 217,000 2022 1,109 97.35 108,000 2021 497 100.55 50,000 3,240 $ 375,000

Supplemental Financial Inform_2

Supplemental Financial Information (Tables)	12 Months Ended
Supplemental Financial Information (Tables)	Dec. 31, 2023
Receivables [Abstract]
Summary of Additions and Deductions Related to Allowances for Doubtful Accounts	Additions and deductions related to the allowance for doubtful accounts receivable for 2023, 2022 and 2021 were as follows (in thousands): Balance at Beginning of Year Additions Deductions Balance at End of Year Allowance for doubtful accounts receivable: Year ended December 31, 2023 $ 15,161 $ 6,879 $ (9,417) $ 12,623 Year ended December 31, 2022 $ 16,941 $ 6,066 $ (7,846) $ 15,161 Year ended December 31, 2021 $ 15,106 $ 7,862 $ (6,027) $ 16,941

Cash Flows (Tables)

Cash Flows (Tables)	12 Months Ended
Cash Flows (Tables)	Dec. 31, 2023
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Payments for Interest on Indebtedness and Cash Payments for Taxes on Income	Cash payments for interest on indebtedness and cash payments for taxes on income were as follows (in thousands): Years Ended December 31, 2023 2022 2021 Supplemental disclosures of cash flow information: Cash paid during the year for interest $ 28,292 $ 16,295 $ 8,852 Cash paid during the year for income taxes, net of refunds $ 104,495 $ 91,485 $ 75,986

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	12 Months Ended
Segment and Geographic Information (Tables)	Dec. 31, 2023
Segment Reporting [Abstract]
Summary of Revenue Disaggregated by Reportable Operating Segments	Disaggregation of Revenue In the following table, revenue is disaggregated by our reportable operating segments, which are primarily defined by their related geographies, as well as by major product offering, by major client group and by recognition on either a gross basis as a principal in the arrangement, or on a net basis as an agent, for the years ended December 31, 2023, 2022 and 2021 (in thousands): Year Ended December 31, 2023 North America EMEA APAC Consolidated Major Offerings Hardware $ 4,498,466 $ 546,621 $ 43,850 $ 5,088,937 Software 1,669,046 784,717 88,688 2,542,451 Services 1,214,842 232,316 97,294 1,544,452 $ 7,382,354 $ 1,563,654 $ 229,832 $ 9,175,840 Major Client Groups Large Enterprise / Corporate $ 5,210,365 $ 1,176,415 $ 94,982 $ 6,481,762 Commercial 1,418,680 22,103 70,879 1,511,662 Public Sector 753,309 365,136 63,971 1,182,416 $ 7,382,354 $ 1,563,654 $ 229,832 $ 9,175,840 Revenue Recognition based on acting as Principal or Agent in the Transaction Gross revenue recognition (Principal) $ 6,869,025 $ 1,447,082 $ 194,769 $ 8,510,876 Net revenue recognition (Agent) 513,329 116,572 35,063 664,964 $ 7,382,354 $ 1,563,654 $ 229,832 $ 9,175,840 Year Ended December 31, 2022 North America EMEA APAC Consolidated Major Offerings Hardware $ 5,738,586 $ 654,381 $ 57,928 $ 6,450,895 Software 1,552,715 857,516 86,661 2,496,892 Services 1,193,091 200,624 89,689 1,483,404 $ 8,484,392 $ 1,712,521 $ 234,278 $ 10,431,191 Major Client Groups Large Enterprise / Corporate $ 5,990,203 $ 1,249,286 $ 102,476 $ 7,341,965 Commercial 1,710,340 61,873 68,491 1,840,704 Public Sector 783,849 401,362 63,311 1,248,522 $ 8,484,392 $ 1,712,521 $ 234,278 $ 10,431,191 Revenue Recognition based on acting as Principal or Agent in the Transaction Gross revenue recognition (Principal) $ 8,035,218 $ 1,603,600 $ 199,788 $ 9,838,606 Net revenue recognition (Agent) 449,174 108,921 34,490 592,585 $ 8,484,392 $ 1,712,521 $ 234,278 $ 10,431,191 Year Ended December 31, 2021 North America EMEA APAC Consolidated Major Offerings Hardware $ 5,163,225 $ 676,815 $ 49,470 $ 5,889,510 Software 1,315,412 825,361 89,844 2,230,617 Services 1,041,686 201,875 72,425 1,315,986 $ 7,520,323 $ 1,704,051 $ 211,739 $ 9,436,113 Major Client Groups Large Enterprise / Corporate $ 5,356,915 $ 1,219,601 $ 93,796 $ 6,670,312 Commercial 1,495,311 65,728 61,627 1,622,666 Public Sector 668,097 418,722 56,316 1,143,135 $ 7,520,323 $ 1,704,051 $ 211,739 $ 9,436,113 Revenue Recognition based on acting as Principal or Agent in the Transaction Gross revenue recognition (Principal) $ 7,138,852 $ 1,591,156 $ 184,418 $ 8,914,426 Net revenue recognition (Agent) 381,471 112,895 27,321 521,687 $ 7,520,323 $ 1,704,051 $ 211,739 $ 9,436,113
Financial Information about Reportable Operating Segments	The tables below present information about our reportable operating segments (in thousands): Year Ended December 31, 2023 North America EMEA APAC Consolidated Net sales: Products $ 6,167,512 $ 1,331,338 $ 132,538 $ 7,631,388 Services 1,214,842 232,316 97,294 1,544,452 Total net sales 7,382,354 1,563,654 229,832 9,175,840 Costs of goods sold: Products 5,520,701 1,217,585 120,892 6,859,178 Services 515,698 86,082 45,357 647,137 Total costs of goods sold 6,036,399 1,303,667 166,249 7,506,315 Gross profit 1,345,955 259,987 63,583 1,669,525 Operating expenses: Selling and administrative expenses 976,172 216,246 43,825 1,236,243 Severance and restructuring expenses 3,793 2,125 173 6,091 Acquisition and integration related expenses 3,908 3,488 — 7,396 Earnings from operations $ 362,082 $ 38,128 $ 19,585 $ 419,795 Year Ended December 31, 2022 North America EMEA APAC Consolidated Net sales: Products $ 7,291,301 $ 1,511,897 $ 144,589 $ 8,947,787 Services 1,193,091 200,624 89,689 1,483,404 Total net sales 8,484,392 1,712,521 234,278 10,431,191 Costs of goods sold: Products 6,583,090 1,395,869 132,293 8,111,252 Services 572,969 69,383 41,020 683,372 Total costs of goods sold 7,156,059 1,465,252 173,313 8,794,624 Gross profit 1,328,333 247,269 60,965 1,636,567 Operating expenses: Selling and administrative expenses 973,798 200,988 41,874 1,216,660 Severance and restructuring expenses 2,384 1,760 91 4,235 Acquisition and integration related expenses 1,715 257 — 1,972 Earnings from operations $ 350,436 $ 44,264 $ 19,000 $ 413,700 Year Ended December 31, 2021 North America EMEA APAC Consolidated Net sales: Products $ 6,478,637 $ 1,502,176 $ 139,314 $ 8,120,127 Services 1,041,686 201,875 72,425 1,315,986 Total net sales 7,520,323 1,704,051 211,739 9,436,113 Costs of goods sold: Products 5,874,551 1,380,221 126,136 7,380,908 Services 510,322 64,968 32,358 607,648 Total costs of goods sold 6,384,873 1,445,189 158,494 7,988,556 Gross profit 1,135,450 258,862 53,245 1,447,557 Operating expenses: Selling and administrative expenses 869,766 210,616 36,748 1,117,130 Severance and restructuring expenses (3,129) 1,328 167 (1,634) Earnings from operations $ 268,813 $ 46,918 $ 16,330 $ 332,061
Summary of Total Assets by Reportable Operating Segment	The following table is a summary of our total assets by reportable operating segment (in thousands): December 31, 2023 2022 North America $ 6,521,591 $ 5,219,480 EMEA 1,058,734 939,327 APAC 171,820 153,232 Corporate assets and intercompany eliminations, net (1,465,795) (1,199,458) Total assets $ 6,286,350 $ 5,112,581
Summary of Geographic Net Sales and Long-Lived Assets	The following is a summary of our geographic net sales and long-lived assets, consisting of property and equipment, net (in thousands): United States United Kingdom Other Foreign Total 2023 Net sales $ 6,923,030 $ 709,078 $ 1,543,732 $ 9,175,840 Total long-lived assets $ 187,625 $ 4,748 $ 17,688 $ 210,061 2022 Net sales $ 7,973,814 $ 838,943 $ 1,618,434 $ 10,431,191 Total long-lived assets $ 182,482 $ 4,601 $ 17,177 $ 204,260 2021 Net sales $ 7,046,742 $ 826,800 $ 1,562,571 $ 9,436,113 Total long-lived assets $ 144,777 $ 9,282 $ 22,204 $ 176,263
Pre-Tax Depreciation and Amortization by Operating Segment	We recorded the following pre-tax amounts, by operating segment, for depreciation and amortization in the accompanying consolidated financial statements (in thousands): Years Ended December 31, 2023 2022 2021 Depreciation and amortization of property and equipment: North America $ 22,964 $ 20,587 $ 18,532 EMEA 2,838 2,538 4,256 APAC 443 597 588 26,245 23,722 23,376 Amortization of intangible assets: North America 32,514 30,735 29,576 EMEA 3,277 1,696 1,971 APAC 440 461 498 36,231 32,892 32,045 Total $ 62,476 $ 56,614 $ 55,421

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
Acquisitions (Tables)	Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Summary of Purchase Price and Estimated Fair Value of Assets Acquired and Liabilities Assumed	The following table summarizes the preliminary purchase price and the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition (in thousands): Total purchase price, net of cash and cash equivalents acquired $ 425,327 Fair value of net assets acquired: Current assets $ 348,727 Identifiable intangible assets - see description below 158,100 Property and equipment 2,266 Other assets 260,185 Current liabilities (335,548) Long-term liabilities, including long-term accounts payable (125,425) Total fair value of net assets acquired 308,305 Excess purchase price over fair value of net assets acquired ("goodwill") $ 117,022
Schedule of Intangible Assets Acquired as Part of Business Combination	The identifiable intangibles resulting from the acquisition are amortized using the straight-line method over the following estimated useful lives: Intangible Assets Estimated Economic Life Customer relationships 10 Years Trade name 3 Years Non-compete agreements 3-5 Years
Summary of Pro Forma Information	The following table reports unaudited pro forma information as if the acquisition of SADA had been completed at the beginning of 2022 (in thousands, except per share amounts): Year Ended December 31, 2023 2022 Net sales As reported $ 9,175,840 $ 10,431,191 Pro forma $ 9,367,386 $ 10,682,565 Net earnings As reported $ 281,309 $ 280,608 Pro forma $ 330,757 $ 308,243 Diluted earnings per share As reported $ 7.55 $ 7.66 Pro forma $ 8.88 $ 8.42

Operations and Summary of Sig_4

Operations and Summary of Significant Accounting Policies - Additional Information (Detail) $ / shares in Units, shares in Thousands, $ in Thousands				1 Months Ended	12 Months Ended
	Dec. 01, 2023 USD ($)	Aug. 17, 2023 USD ($)	Jun. 01, 2022 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2023 USD ($) segment $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2020 USD ($)
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of operating segments \| segment					3
Accounts receivable, net					$ 3,568,290	$ 3,272,371
Partner funding recorded as reduction of selling and administrative expenses					122,638	128,153	$ 103,447
Advertising expense					81,959	88,667	66,375
Cumulative effect of adjustment from prior periods					$ 1,735,733	$ 1,638,068	$ 1,509,227	$ 1,342,429
Basic (in dollars per share) \| $ / shares					$ 8.53	$ 8.04	$ 6.27
Diluted (in dollars per share) \| $ / shares					$ 7.55	7.66	$ 5.95
Accounting Standards Update 2020-06
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Basic (in dollars per share) \| $ / shares						0.24
Diluted (in dollars per share) \| $ / shares						0.22
Accounting Standards Update 2020-06 \| Old Method of Accounting
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Basic (in dollars per share) \| $ / shares						7.80
Diluted (in dollars per share) \| $ / shares						$ 7.44
Additional Paid-in Capital
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Cumulative effect of adjustment from prior periods					$ 328,607	$ 327,872	$ 368,282	364,288
Retained Earnings
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Cumulative effect of adjustment from prior periods					1,448,412	1,368,658	1,167,690	$ 993,245
Cumulative Effect, Period of Adoption, Adjustment
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Cumulative effect of adjustment from prior periods							(26,942)
Cumulative Effect, Period of Adoption, Adjustment \| Additional Paid-in Capital
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Cumulative effect of adjustment from prior periods							(44,731)
Cumulative Effect, Period of Adoption, Adjustment \| Retained Earnings
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Cumulative effect of adjustment from prior periods							$ 17,789
Affiliated Entity
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Accounts receivable, net					$ 26,025	$ 11,069
SADA Systems, LLC
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business combination, consideration transferred net of cash acquired	$ 398,589
Cash and cash equivalents acquired from acquisition	24,701
Business combination, contingent consideration, liability	21,288
Business combination, consideration transferred	425,327
Amdaris Group Limited
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business combination, consideration transferred		$ 82,875
Hanu
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business combination, consideration transferred			$ 68,248	$ 90,106
Restricted Stock Units (RSUs)
Organization Consolidation And Presentation Of Financial Statements [Line Items]
RSUs excluded from the diluted EPS calculations (in shares) \| shares					54	39	2
Maximum \| SADA Systems, LLC
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business combination, contingent consideration, liability	390,000
Maximum \| Amdaris Group Limited
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business combination, contingent consideration, liability		54,391
Maximum \| Hanu
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business combination, contingent consideration, liability				$ 15,307
Minimum \| SADA Systems, LLC
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business combination, contingent consideration, liability	$ 0
Minimum \| Amdaris Group Limited
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business combination, contingent consideration, liability		$ 0
Partner Risk \| Purchases \| Microsoft
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Concentration percentage					27%
Partner Risk \| Purchases \| TD Synnex
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Concentration percentage					12%
Partner Risk \| Purchases \| Top Five Suppliers
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Concentration percentage					60%

Operations and Summary of Sig_5

Operations and Summary of Significant Accounting Policies - Estimated Economic Lives of Property and Equipment (Detail)	Dec. 31, 2023
Furniture and fixtures \| Minimum
Property, Plant and Equipment [Line Items]
Useful Life	2 years
Furniture and fixtures \| Maximum
Property, Plant and Equipment [Line Items]
Useful Life	7 years
Equipment \| Minimum
Property, Plant and Equipment [Line Items]
Useful Life	3 years
Equipment \| Maximum
Property, Plant and Equipment [Line Items]
Useful Life	5 years
Software \| Minimum
Property, Plant and Equipment [Line Items]
Useful Life	3 years
Software \| Maximum
Property, Plant and Equipment [Line Items]
Useful Life	10 years
Buildings
Property, Plant and Equipment [Line Items]
Useful Life	29 years

Operations and Summary of Sig_6

Operations and Summary of Significant Accounting Policies - Reconciliation of Denominators of Basic and Diluted EPS Calculations (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Numerator:
Net earnings	$ 281,309	$ 280,608	$ 219,345
Denominator:
Weighted-average shares used to compute basic EPS (in shares)	32,991	34,903	35,011
Dilutive RSUs, net of tax effect (in shares)	288	251	399
The convertible senior notes (in shares)	2,619	1,466	1,453
Warrants (in share)	1,343	0	0
Diluted (in shares)	37,241	36,620	36,863
Net earnings per share:
Basic (in dollars per share)	$ 8.53	$ 8.04	$ 6.27
Diluted (in dollars per share)	$ 7.55	$ 7.66	$ 5.95

Receivables, Contract Assets,_3

Receivables, Contract Assets, Contract Liabilities and Performance Obligations - Summary of Information about Receivables and Contract Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Current receivables, which are included in “Accounts receivable, net”	$ 3,568,290	$ 3,272,371
Contract assets, net	120,518	7,909
Long-term accounts receivable	412,666	160,818
Long-term contract assets, net	132,780	0
Contract liabilities, which are included in “Accrued expenses and other current liabilities” and “Other liabilities”	107,217	102,057	$ 116,067
Accounts Receivable, Net
Disaggregation of Revenue [Line Items]
Current receivables, which are included in “Accounts receivable, net”	3,568,290	3,272,371
Accrued Expenses and Other Current Liabilities and Other Liabilities
Disaggregation of Revenue [Line Items]
Contract liabilities, which are included in “Accrued expenses and other current liabilities” and “Other liabilities”	$ 107,217	$ 102,057

Receivables, Contract Assets,_4

Receivables, Contract Assets, Contract Liabilities and Performance Obligations - Summary of Changes in Contract Assets and Liabilities from Contract with Customers (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Changes in Contract Assets [Roll Forward]
Beginning balance, contract assets	$ 7,909	$ 4,757
Contract assets acquired through business combination	246,666
Reclassification of beginning contract assets to receivables, as a result of rights to consideration becoming unconditional	(33,638)	(4,757)
Contract assets recognized, net of reclassification to receivables	51,350	7,909
Ending balance, contract assets	272,287	7,909
Changes in Contract Liabilities [Roll Forward]
Beginning balance, contract liabilities	102,057	116,067
Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied	(67,351)	(77,334)
Cash received in advance and not recognized as revenue	72,511	63,324
Ending balance, contract liabilities	$ 107,217	$ 102,057

Receivables, Contract Assets,_5

Receivables, Contract Assets, Contract Liabilities and Performance Obligations - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Contract assets	$ 253,298,000
Time and material contracts expected duration	24 months
Capitalized sales commission costs incurred	$ 11,892,384	$ 13,478,732
Amortization period	57 months

Receivables, Contract Assets,_6

Receivables, Contract Assets, Contract Liabilities and Performance Obligations - Gross Contract Assets by Internal Risk Ratings (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Contract assets, net of allowances	$ 272,287	$ 7,909	$ 4,757
Low risk
Disaggregation of Revenue [Line Items]
Contract assets, net of allowances	46,280
Moderate risk
Disaggregation of Revenue [Line Items]
Contract assets, net of allowances	56,850
High risk
Disaggregation of Revenue [Line Items]
Contract assets, net of allowances	$ 169,157

Receivables, Contract Assets,_7

Receivables, Contract Assets, Contract Liabilities and Performance Obligations - Summary of Estimated Net Sales Related to Performance Obligation (Detail) - Services $ in Thousands	Dec. 31, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total remaining performance obligations	$ 152,944
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total remaining performance obligations	94,689
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total remaining performance obligations	33,174
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total remaining performance obligations	17,538
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total remaining performance obligations	$ 7,543

Assets Held for Sale (Detail)

Assets Held for Sale (Detail) $ in Thousands	12 Months Ended
Assets Held for Sale (Detail) $ in Thousands	Dec. 31, 2023 USD ($)
Property, Plant and Equipment Assets Held-for-Sale Disclosure [Abstract]
Proceeds from sale of property	$ 15,476

Property and Equipment - Proper

Property and Equipment - Property and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 429,652	$ 419,241
Accumulated depreciation and amortization	(219,591)	(214,981)
Total current assets	210,061	204,260	$ 176,263
Software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	156,952	161,943
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross	109,639	98,228
Equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	56,051	54,110
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	40,738	40,700
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	28,077	26,065
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 38,195	$ 38,195

Property and Equipment - Additi

Property and Equipment - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Depreciation and amortization expense	$ 26,245	$ 23,722	$ 23,376
Buildings
Property, Plant and Equipment [Line Items]
Assets in process of being readied for use	11,200	3,346
Equipment
Property, Plant and Equipment [Line Items]
Assets in process of being readied for use	$ 1,500
Software
Property, Plant and Equipment [Line Items]
Assets in process of being readied for use		$ 3,532

Goodwill - Changes in Carrying

Goodwill - Changes in Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Goodwill [Line Items]
Goodwill		$ 917,180
Accumulated impairment losses		(488,834)
Goodwill acquired during the year	$ 188,720	69,923
Measurement period adjustments during the year		0
Foreign currency translation adjustment	2,592	(5,236)
Goodwill [Roll Forward]
Beginning Balance	493,033
Goodwill acquired during the year	188,720	69,923
Measurement period adjustments during the year		0
Foreign currency translation adjustment	2,592	(5,236)
Ending Balance	684,345	493,033
North America
Goodwill [Line Items]
Goodwill		727,013
Accumulated impairment losses		(323,422)
Goodwill acquired during the year	117,022	69,923
Measurement period adjustments during the year		0
Foreign currency translation adjustment	1,338	(2,991)
Goodwill [Roll Forward]
Beginning Balance	470,523
Goodwill acquired during the year	117,022	69,923
Measurement period adjustments during the year		0
Foreign currency translation adjustment	1,338	(2,991)
Ending Balance	588,883	470,523
EMEA
Goodwill [Line Items]
Goodwill		169,174
Accumulated impairment losses		(151,439)
Goodwill acquired during the year	71,698	0
Measurement period adjustments during the year		0
Foreign currency translation adjustment	1,163	(1,748)
Goodwill [Roll Forward]
Beginning Balance	15,987
Goodwill acquired during the year	71,698	0
Measurement period adjustments during the year		0
Foreign currency translation adjustment	1,163	(1,748)
Ending Balance	88,848	15,987
APAC
Goodwill [Line Items]
Goodwill		20,993
Accumulated impairment losses		(13,973)
Goodwill acquired during the year	0	0
Measurement period adjustments during the year		0
Foreign currency translation adjustment	91	(497)
Goodwill [Roll Forward]
Beginning Balance	6,523
Goodwill acquired during the year	0	0
Measurement period adjustments during the year		0
Foreign currency translation adjustment	91	(497)
Ending Balance	$ 6,614	$ 6,523

Goodwill - Additional Informati

Goodwill - Additional Information (Detail) - USD ($) $ in Thousands			12 Months Ended
	Aug. 17, 2023	Jun. 01, 2022	Dec. 31, 2023	Dec. 31, 2022
Goodwill [Line Items]
Goodwill acquired during the year			$ 188,720	$ 69,923
EMEA
Goodwill [Line Items]
Goodwill acquired during the year			71,698	0
North America
Goodwill [Line Items]
Goodwill acquired during the year			$ 117,022	$ 69,923
Amdaris Group Limited
Goodwill [Line Items]
Goodwill acquired during the year	$ 71,698
Amdaris Group Limited \| EMEA
Goodwill [Line Items]
Goodwill acquired during the year	$ 71,698
Hanu \| North America
Goodwill [Line Items]
Goodwill acquired during the year		$ 69,923

Intangible Assets - Summary of

Intangible Assets - Summary of Intangible Assets, Net (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 545,150	$ 347,295
Accumulated amortization	(175,463)	(142,297)
Intangible assets, net	369,687	204,998
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	501,831	338,755
Other
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 43,319	$ 8,540

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 36,231	$ 32,892	$ 32,045

Intangible Assets - Future Amor

Intangible Assets - Future Amortization Expenses (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 59,644
2025	59,343
2026	57,804
2027	37,690
2028	36,264
Thereafter	118,942
Intangible assets, net	$ 369,687	$ 204,998

Accounts Payable - Inventory _2

Accounts Payable - Inventory Financing Facilities - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts Payable And Accrued Expenses [Line Items]
Accounts payable—inventory financing facilities	$ 231,850,000	$ 301,314,000
Unsecured Inventory Financing Facility \| MUFG Bank Ltd
Accounts Payable And Accrued Expenses [Line Items]
Inventory financing facility maximum borrowing capacity	$ 280,000,000
Inventory financing facility rate if vendor terms not met equal prime plus	2%
Unsecured Inventory Financing Facility \| PNC Facility
Accounts Payable And Accrued Expenses [Line Items]
Inventory financing facility maximum borrowing capacity	$ 375,000,000	300,000,000
Inventory financing facility rate if vendor terms not met equal LIBOR plus	0.25%
Unsecured Inventory Financing Facility \| Canada Facility
Accounts Payable And Accrued Expenses [Line Items]
Inventory financing facility maximum borrowing capacity	$ 25,000,000
Inventory financing facility rate if vendor terms not met equal Canadian dollar offered rate plus	0.0450
Unsecured Inventory Financing Facility \| EMEA Facilities
Accounts Payable And Accrued Expenses [Line Items]
Inventory financing facility maximum borrowing capacity	$ 50,000,000
Inventory Financing Facility
Accounts Payable And Accrued Expenses [Line Items]
Inventory financing facility maximum borrowing capacity	705,000,000
Accounts payable—inventory financing facilities	231,850,000
Imputed interest on inventory financing facility	$ 13,276,000	$ 15,523,000	$ 15,292,000

Debt, Finance Leases and Othe_3

Debt, Finance Leases and Other Financing Obligations - Long-Term Debt (Detail) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Finance leases and other financing obligations	$ 1,033,000	$ 102,000
Debt and lease obligation	940,521,000	637,900,000
Less: current portion of long-term debt	(348,004,000)	(346,228,000)
Long-term debt	592,517,000	291,672,000
Convertible senior notes due 2025
Debt Instrument [Line Items]
Convertible senior notes due 2025	347,988,000	346,199,000
ABL revolving credit facility
Debt Instrument [Line Items]
ABL revolving credit facility	$ 591,500,000	$ 291,599,000

Debt, Finance Leases and Othe_4

Debt, Finance Leases and Other Financing Obligations - Additional Information (Detail)	1 Months Ended	12 Months Ended
	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($) d shares $ / shares	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jul. 22, 2022 USD ($)	Jul. 21, 2022 USD ($)	Aug. 31, 2019 USD ($)
Convertible senior notes due 2025
Debt Instrument [Line Items]
Aggregate principal amount of convertible senior notes, issued amount		$ 350,000,000	$ 350,000,000				$ 350,000,000
Convertible senior notes, interest rate		0.75%
Principal amount per note used in conversion rate		$ 1,000
Conversion price per share (in usd per share) \| $ / shares		$ 88.82
Debt conversion, initial conversion rate (in shares) \| shares		14.6376
Conversion price per share (in dollars per share) \| $ / shares		$ 68.32
Repurchase price as percentage of principal amount		100%
Shares issuable upon conversion of debt (in shares) \| shares		6,788,208
Convertible senior notes, remaining accretion period of debt discount and issuance cost		1 year 1 month 13 days
Convertible senior notes, effective interest rate		0.75%
Debt conversion amount	$ 16,895,000
Conversion price per share (in dollars per share) \| $ / shares		$ 68.32
Payments to convertible note hedge transaction		$ 66,325,000
Warrant price per share to purchase additional common stock (in dollars per share) \| $ / shares		$ 103.12
Proceeds from sale of warrants		$ 34,440,000
Convertible senior notes due 2025 \| Scenario One
Debt Instrument [Line Items]
Number of trading days \| d		20
Number of consecutive trading days \| d		30
Percentage of last reported sale price to conversion price on each applicable trading day		130%
Convertible senior notes due 2025 \| Scenario Two
Debt Instrument [Line Items]
Number of consecutive trading days \| d		5
Percentage of last reported sale price to conversion price on each applicable trading day		98%
Measurement period		5 days
Maximum \| Convertible senior notes due 2025
Debt Instrument [Line Items]
Option to purchase common stock (in shares) \| shares		5,123,160
ABL revolving credit facility
Debt Instrument [Line Items]
Line of credit outstanding amount		$ 591,500,000	291,599,000
Applicable floating interest rate		6.69%
Commitment on the unused portion of the facility		0.25%
Weighted average amount outstanding borrowings		$ 362,557,000
Interest expense		30,116,000	$ 21,362,000	$ 11,065,000
ABL revolving credit facility \| Third Amendment to Credit Agreement
Debt Instrument [Line Items]
Credit facility, borrowing capacity					$ 1,800,000,000	$ 1,200,000,000
Permitted borrowing availability					1,709,888,000
ABL revolving credit facility \| Foreign Currency Borrowings
Debt Instrument [Line Items]
Credit facility, borrowing capacity					$ 350,000,000
ABL revolving credit facility \| First-In, Last-Out Revolving Facility
Debt Instrument [Line Items]
Credit facility, borrowing capacity		$ 100,000,000
ABL revolving credit facility \| Minimum
Debt Instrument [Line Items]
Pre-determined spread		1.25%
Participation fee on letter of credit		1.25%
ABL revolving credit facility \| Maximum
Debt Instrument [Line Items]
Credit facility, increase in amount available for borrowing		$ 750,000,000
Pre-determined spread		1.50%
Participation fee on letter of credit		1.50%

Debt, Finance Leases and Othe_5

Debt, Finance Leases and Other Financing Obligations - Schedule of Convertible Senior Notes Balances (Detail) - Convertible senior notes due 2025 - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Aug. 31, 2019
Liability:
Principal	$ 350,000,000	$ 350,000,000	$ 350,000,000
Less: debt issuance costs, net of accumulated amortization	(2,012,000)	(3,801,000)
Net carrying amount	$ 347,988,000	$ 346,199,000

Debt, Finance Leases and Othe_6

Debt, Finance Leases and Other Financing Obligations - Summary of Interest Expense Components Resulting From Notes (Detail) - Convertible senior notes due 2025 - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Contractual coupon interest	$ 2,625	$ 2,625	$ 2,625
Amortization of debt discount	0	0	10,702
Amortization of debt issuance costs	$ 1,789	$ 1,789	$ 1,422

Leases - Additional Information

Leases - Additional Information (Detail)	Dec. 31, 2023
Minimum
Lessee Lease Description [Line Items]
Operating lease renewal term	1 year
Maximum
Lessee Lease Description [Line Items]
Operating lease renewal term	5 years

Leases - Schedule of Financial

Leases - Schedule of Financial Statement Classification of Lease Balances With Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Lessee Lease Description [Line Items]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property and equipment, net	Property and equipment, net
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued expenses and other current liabilities	Accrued expenses and other current liabilities
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Current portion of long-term debt	Current portion of long-term debt
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities
Operating lease assets	$ 84,956	$ 76,160
Finance lease assets	0	59
Total lease assets	84,956	76,219
Operating lease liabilities	20,582	19,213
Finance lease liabilities	0	28
Operating lease liabilities	71,033	63,324
Total lease liabilities	$ 91,615	82,565
Property and equipment
Lessee Lease Description [Line Items]
Finance lease assets, accumulated amortization		$ 48

Leases - Schedule of Financia_2

Leases - Schedule of Financial Statement Classification of Lease Balances With Consolidated Statement of Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Lessee Lease Description [Line Items]
Total lease cost	$ 24,070	$ 24,017
Selling and administrative expenses
Lessee Lease Description [Line Items]
Operating lease cost	24,054	23,986
Amortization of leased assets	16	29
Interest expense, net
Lessee Lease Description [Line Items]
Interest on lease liabilities	$ 0	$ 2

Leases- Schedule of Future Mini

Leases- Schedule of Future Minimum Lease Payments For Operating Leases (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Operating leases
2024	$ 23,811
2025	20,084
2026	17,113
2027	13,818
2028	10,161
After 2028	17,386
Total lease payments	102,373
Less: Interest	(10,758)
Present value of lease liabilities	$ 91,615

Leases - Schedule of Weighted A

Leases - Schedule of Weighted Average Remaining Term and Discount Rates (Detail)	Dec. 31, 2023	Dec. 31, 2022
Weighted average remaining lease term (years):
Operating leases	5 years 5 months 15 days	5 years 8 months 1 day
Finance leases		9 months
Weighted average discount rate (%):
Operating leases	4.21%	3.49%
Finance leases	0%	1.49%

Leases - Schedule of Cash Flows

Leases - Schedule of Cash Flows Associated With the Company's Leasing Activities (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 24,088	$ 23,674
Leased assets obtained in exchange for new operating lease liabilities	28,675	22,725
Operating lease assets acquired	$ 2,881	$ 2,032

Stock-Based Compensation - Pre-

Stock-Based Compensation - Pre-tax Amounts by Operating Segment for Stock-Based Compensation (Detail) - Restricted Stock Units (RSUs) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense related to restricted stock units (RSUs)	$ 28,951	$ 22,710	$ 18,201
Selling and administrative expenses \| North America
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense related to restricted stock units (RSUs)	22,069	17,822	13,699
Selling and administrative expenses \| EMEA
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense related to restricted stock units (RSUs)	5,557	3,960	3,844
Selling and administrative expenses \| APAC
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense related to restricted stock units (RSUs)	$ 1,325	$ 928	$ 658

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($)	1 Months Ended	12 Months Ended
	Feb. 28, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares of stock available for grant (in shares)		1,975,445
Maximum number of authorized shares (in shares)		2,200,747
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation cost related to RSU's not yet recognized		$ 47,000,000
Weighted average number of years for recognition of outstanding nonvested RSUs		11 months 8 days
Shares withheld to cover taxes (in shares)		79,636	79,611	105,434
Payments for teammates' tax obligations to taxing authorities		$ 10,659,000	$ 7,905,000	$ 9,109,000
Restricted Stock Units (RSUs) \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		2 years
Restricted Stock Units (RSUs) \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		4 years
Performance-Based RSUs (sTSR)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award performance period	3 years
Award vesting rights, multiplier percentage		300%
Performance-Based RSUs (sTSR) \| Share-Based Payment Arrangement, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage		50%
Share-based compensation arrangement by share-based payment award, award performance period		2 years
Performance-Based RSUs (sTSR) \| Share-Based Payment Arrangement, Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage		50%
Share-based compensation arrangement by share-based payment award, award performance period		3 years
Performance-Based RSUs (sTSR) \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage	0%	0%
Performance-Based RSUs (sTSR) \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage	200%	100%

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Restricted Stock Units Activity (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 29, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Closing stock price (in dollars per share)				$ 177.19
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Nonvested, beginning balance (in shares)	643,660
Granted (in shares)	183,781
Vested, including shares withheld to cover taxes (in shares)	(294,686)
Forfeited (in shares)	(57,000)
Nonvested, ending balance (in shares)	653,902	643,660
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Nonvested weighted average grant date fair value, beginning balance (in dollars per share)	$ 86.53
Weighted average grant date fair value, granted (in dollars per share)	132.49
Weighted average grant date fair value, vested, including shares withheld to cover taxes (in dollars per share)	78.05
Weighted average grant date fair value, forfeited (in dollars per share)	114.11
Nonvested weighted average grant date fair value, ending balance (in dollars per share)	$ 123.23	$ 86.53
Fair value, vested, including shares withheld to cover taxes	$ 39,239,334	$ 29,805,641	$ 34,558,405
Fair value, nonvested at end of period	$ 115,864,895
Performance-Based RSUs
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Granted (in shares)	34,080
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Weighted average grant date fair value, granted (in dollars per share)	$ 130.62
Performance-Based RSUs (sTSR)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Granted (in shares)	33,506
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Weighted average grant date fair value, granted (in dollars per share)	$ 206.08
Performance-based RSUs - Ambition granted
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Granted (in shares)	110,561
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Weighted average grant date fair value, granted (in dollars per share)	$ 169.75

Income Taxes - Income Tax Expen

Income Taxes - Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Earnings before income taxes:
United States	$ 263,421	$ 274,415	$ 200,657
Foreign	114,433	100,018	91,900
Earnings before income taxes	377,854	374,433	292,557
Current:
U.S. Federal	62,575	61,245	29,478
U.S. State and local	16,764	15,788	7,391
Foreign	30,286	26,043	24,485
Total current income tax expense	109,625	103,076	61,354
Deferred:
U.S. Federal	(10,923)	(7,267)	11,104
U.S. State and local	(3,324)	(1,153)	3,239
Foreign	1,167	(831)	(2,485)
Total deferred income tax expense	(13,080)	(9,251)	11,858
Income tax expense	$ 96,545	$ 93,825	$ 73,212

Income Taxes - Schedule Reconci

Income Taxes - Schedule Reconciles Difference between U.S. Federal Income Taxes at U.S. Statutory Rate and Our Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Statutory federal income tax rate, amount	$ 79,349	$ 78,631	$ 61,437
State income tax expense, net of federal income tax benefit	12,113	13,962	10,666
Audits and adjustments, net	(925)	2,273	2,131
Change in valuation allowances	1,616	(2,551)	1,317
Foreign income taxed at different rates	6,133	5,660	4,308
Research and other credits	(3,036)	(3,870)	(4,352)
Other, net	1,295	(280)	(2,295)
Income tax expense	$ 96,545	$ 93,825	$ 73,212
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Statutory federal income tax rate	21%	21%	21%
State income tax expense, net of federal income tax benefit, rate	3.20%	3.70%	3.60%
Audits and adjustments, net, rate	(0.20%)	0.60%	0.70%
Change in valuation allowances, rate	0.40%	(0.70%)	0.50%
Foreign income taxed at different rates, rate	1.60%	1.50%	1.50%
Research and development credits, rate	(0.80%)	(1.00%)	(1.50%)
Other, net, rate	0.40%	0%	(0.80%)
Effective tax rate	25.60%	25.10%	25%

Income Taxes - Significant Comp

Income Taxes - Significant Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets:
Capitalized research expenses	$ 33,569	$ 17,682
Loss carryforwards	25,690	24,571
Foreign tax credits	9,976	10,681
Other	31,246	37,315
Gross deferred tax assets	100,481	90,249
Valuation allowances	(33,385)	(32,546)
Total deferred tax assets	67,096	57,703
Deferred tax liabilities:
Goodwill and other intangibles	(58,512)	(56,275)
Property and equipment	(31,194)	(26,905)
Other	(1,916)	(1,744)
Total deferred tax liabilities	(91,622)	(84,924)
Net deferred tax liabilities	$ (24,526)	$ (27,221)

Income Taxes - Net Non-Current

Income Taxes - Net Non-Current Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred Tax Assets And Liabilities [Line Items]
Net non-current deferred tax liabilities	$ (27,588)	$ (32,844)
Net deferred tax liabilities	(24,526)	(27,221)
Other Assets
Deferred Tax Assets And Liabilities [Line Items]
Net non-current deferred tax assets, which are included in "Other assets"	$ 3,062	$ 5,623

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Valuation allowances	$ 33,385	$ 32,546
Unrecognized tax benefits	13,947	14,814
Unrecognized tax benefits, interest on income taxes accrued	$ 1,767	$ 1,642

Market Risk Management - Additi

Market Risk Management - Additional Information (Detail) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Convertible senior notes due 2025
Line Of Credit Facility [Line Items]
Debt outstanding	$ 347,988,000	$ 346,199,000
Interest rate	0.75%
Fair market value of convertible senior notes	$ 906,108,000
ABL Facility
Line Of Credit Facility [Line Items]
ABL revolving credit facility	$ 591,500,000	$ 291,599,000
Applicable floating interest rate	6.69%

Benefit Plans - Additional Info

Benefit Plans - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Retirement Benefits [Abstract]
Discretionary match contribution to defined contribution plan provided to participants-U.S. teammates	50%
Maximum pre-tax contributions of compensation per pay period eligible for match- U.S. teammates	6%
Contribution expense	$ 28,341	$ 27,827	$ 25,270

Share Repurchase Programs - Add

Share Repurchase Programs - Additional Information (Detail) - USD ($)	12 Months Ended			48 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2023	May 18, 2023	Sep. 19, 2022
Schedule Of Share Repurchase Programs [Line Items]
Common stock repurchase program, authorized remaining amount	$ 200,020,373			$ 200,020,373
Repurchase program, approximate dollar value of shares purchased	$ 217,000,000	$ 108,000,000	$ 50,000,000	$ 375,000,000
September 19, 2022 Stock Repurchase Program
Schedule Of Share Repurchase Programs [Line Items]
Common stock repurchase program, authorized amount						$ 300,000,000
Common stock repurchase program, authorized remaining amount					$ 100,000,000	$ 50,000,000
May 18 2023 Stock Repurchase Program
Schedule Of Share Repurchase Programs [Line Items]
Common stock repurchase program, authorized amount					$ 300,000,000

Share Repurchase Programs - Sum

Share Repurchase Programs - Summary of Shares of Common Stock Repurchased Under Repurchase Programs (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended			48 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2023
Equity [Abstract]
Repurchase program, total number of shares purchased (in shares)	1,634	1,109	497	3,240
Repurchase program, average price paid per share (in dollars per share)	$ 132.90	$ 97.35	$ 100.55
Repurchase program, approximate dollar value of shares purchased	$ 217,000	$ 108,000	$ 50,000	$ 375,000

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)		12 Months Ended
	Jul. 14, 2023	Dec. 31, 2023
Other Commitments [Line Items]
Minimum required purchase commitment amount		$ 100,467,000
Purchase commitment term		5 years
Remaining amount		$ 95,814,000
PCM Earnout Litigation
Other Commitments [Line Items]
Litigation settlement, amount awarded to other party	$ 10,550,000
Payment period	36 months
Software As A Service
Other Commitments [Line Items]
Minimum required purchase commitment amount		$ 40,000,000
Purchase commitment term		4 years
Remaining amount		$ 33,863,000
Contingent liability		21,289,000
Surety Bond
Other Commitments [Line Items]
Performance bonds outstanding		$ 28,113,693
Minimum
Other Commitments [Line Items]
Number of months of salary paid as severance		3 months
Maximum
Other Commitments [Line Items]
Number of months of salary paid as severance		24 months

Supplemental Financial Inform_3

Supplemental Financial Information - Summary of Additions and Deductions Related to Allowances for Doubtful Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for doubtful accounts receivable, beginning balance	$ 15,161	$ 16,941	$ 15,106
Allowance for doubtful accounts receivable, additions	6,879	6,066	7,862
Allowance for doubtful accounts receivable, deductions	(9,417)	(7,846)	(6,027)
Allowance for doubtful accounts receivable, ending balance	$ 12,623	$ 15,161	$ 16,941

Cash Flows - Schedule of Cash P

Cash Flows - Schedule of Cash Payments for Interest on Indebtedness and Cash Payments for Taxes on Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Supplemental disclosures of cash flow information:
Cash paid during the year for interest	$ 28,292	$ 16,295	$ 8,852
Cash paid during the year for income taxes, net of refunds	$ 104,495	$ 91,485	$ 75,986

Segment and Geographic Inform_3

Segment and Geographic Information - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2023 segment
Segment Reporting [Abstract]
Number of operating segments	3

Segment and Geographic Inform_4

Segment and Geographic Information - Net Sales by Offering for North America, EMEA and APAC (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue from External Customer [Line Items]
Total net sales	$ 9,175,840	$ 10,431,191	$ 9,436,113
Gross revenue recognition (Principal)
Revenue from External Customer [Line Items]
Total net sales	8,510,876	9,838,606	8,914,426
Net revenue recognition (Agent)
Revenue from External Customer [Line Items]
Total net sales	664,964	592,585	521,687
Large Enterprise / Corporate
Revenue from External Customer [Line Items]
Total net sales	6,481,762	7,341,965	6,670,312
Commercial
Revenue from External Customer [Line Items]
Total net sales	1,511,662	1,840,704	1,622,666
Public Sector
Revenue from External Customer [Line Items]
Total net sales	1,182,416	1,248,522	1,143,135
North America
Revenue from External Customer [Line Items]
Total net sales	7,382,354	8,484,392	7,520,323
North America \| Gross revenue recognition (Principal)
Revenue from External Customer [Line Items]
Total net sales	6,869,025	8,035,218	7,138,852
North America \| Net revenue recognition (Agent)
Revenue from External Customer [Line Items]
Total net sales	513,329	449,174	381,471
North America \| Large Enterprise / Corporate
Revenue from External Customer [Line Items]
Total net sales	5,210,365	5,990,203	5,356,915
North America \| Commercial
Revenue from External Customer [Line Items]
Total net sales	1,418,680	1,710,340	1,495,311
North America \| Public Sector
Revenue from External Customer [Line Items]
Total net sales	753,309	783,849	668,097
EMEA
Revenue from External Customer [Line Items]
Total net sales	1,563,654	1,712,521	1,704,051
EMEA \| Gross revenue recognition (Principal)
Revenue from External Customer [Line Items]
Total net sales	1,447,082	1,603,600	1,591,156
EMEA \| Net revenue recognition (Agent)
Revenue from External Customer [Line Items]
Total net sales	116,572	108,921	112,895
EMEA \| Large Enterprise / Corporate
Revenue from External Customer [Line Items]
Total net sales	1,176,415	1,249,286	1,219,601
EMEA \| Commercial
Revenue from External Customer [Line Items]
Total net sales	22,103	61,873	65,728
EMEA \| Public Sector
Revenue from External Customer [Line Items]
Total net sales	365,136	401,362	418,722
APAC
Revenue from External Customer [Line Items]
Total net sales	229,832	234,278	211,739
APAC \| Gross revenue recognition (Principal)
Revenue from External Customer [Line Items]
Total net sales	194,769	199,788	184,418
APAC \| Net revenue recognition (Agent)
Revenue from External Customer [Line Items]
Total net sales	35,063	34,490	27,321
APAC \| Large Enterprise / Corporate
Revenue from External Customer [Line Items]
Total net sales	94,982	102,476	93,796
APAC \| Commercial
Revenue from External Customer [Line Items]
Total net sales	70,879	68,491	61,627
APAC \| Public Sector
Revenue from External Customer [Line Items]
Total net sales	63,971	63,311	56,316
Hardware
Revenue from External Customer [Line Items]
Total net sales	5,088,937	6,450,895	5,889,510
Hardware \| North America
Revenue from External Customer [Line Items]
Total net sales	4,498,466	5,738,586	5,163,225
Hardware \| EMEA
Revenue from External Customer [Line Items]
Total net sales	546,621	654,381	676,815
Hardware \| APAC
Revenue from External Customer [Line Items]
Total net sales	43,850	57,928	49,470
Software
Revenue from External Customer [Line Items]
Total net sales	2,542,451	2,496,892	2,230,617
Software \| North America
Revenue from External Customer [Line Items]
Total net sales	1,669,046	1,552,715	1,315,412
Software \| EMEA
Revenue from External Customer [Line Items]
Total net sales	784,717	857,516	825,361
Software \| APAC
Revenue from External Customer [Line Items]
Total net sales	88,688	86,661	89,844
Services
Revenue from External Customer [Line Items]
Total net sales	1,544,452	1,483,404	1,315,986
Services \| North America
Revenue from External Customer [Line Items]
Total net sales	1,214,842	1,193,091	1,041,686
Services \| EMEA
Revenue from External Customer [Line Items]
Total net sales	232,316	200,624	201,875
Services \| APAC
Revenue from External Customer [Line Items]
Total net sales	$ 97,294	$ 89,689	$ 72,425

Segment and Geographic Inform_5

Segment and Geographic Information - Financial Information about Reportable Operating Segments (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total net sales	$ 9,175,840	$ 10,431,191	$ 9,436,113
Total costs of goods sold	7,506,315	8,794,624	7,988,556
Gross profit	1,669,525	1,636,567	1,447,557
Operating expenses:
Selling and administrative expenses	1,236,243	1,216,660	1,117,130
Severance and restructuring expenses	6,091	4,235	(1,634)
Acquisition and integration related expenses	7,396	1,972	0
Earnings from operations	419,795	413,700	332,061
Products
Segment Reporting Information [Line Items]
Total net sales	7,631,388	8,947,787	8,120,127
Total costs of goods sold	6,859,178	8,111,252	7,380,908
Gross profit	772,210	836,535	739,219
Services
Segment Reporting Information [Line Items]
Total net sales	1,544,452	1,483,404	1,315,986
Total costs of goods sold	647,137	683,372	607,648
Gross profit	897,315	800,032	708,338
North America
Segment Reporting Information [Line Items]
Total net sales	7,382,354	8,484,392	7,520,323
Total costs of goods sold	6,036,399	7,156,059	6,384,873
Gross profit	1,345,955	1,328,333	1,135,450
Operating expenses:
Selling and administrative expenses	976,172	973,798	869,766
Severance and restructuring expenses	3,793	2,384	(3,129)
Acquisition and integration related expenses	3,908	1,715
Earnings from operations	362,082	350,436	268,813
North America \| Products
Segment Reporting Information [Line Items]
Total net sales	6,167,512	7,291,301	6,478,637
Total costs of goods sold	5,520,701	6,583,090	5,874,551
North America \| Services
Segment Reporting Information [Line Items]
Total net sales	1,214,842	1,193,091	1,041,686
Total costs of goods sold	515,698	572,969	510,322
EMEA
Segment Reporting Information [Line Items]
Total net sales	1,563,654	1,712,521	1,704,051
Total costs of goods sold	1,303,667	1,465,252	1,445,189
Gross profit	259,987	247,269	258,862
Operating expenses:
Selling and administrative expenses	216,246	200,988	210,616
Severance and restructuring expenses	2,125	1,760	1,328
Acquisition and integration related expenses	3,488	257
Earnings from operations	38,128	44,264	46,918
EMEA \| Products
Segment Reporting Information [Line Items]
Total net sales	1,331,338	1,511,897	1,502,176
Total costs of goods sold	1,217,585	1,395,869	1,380,221
EMEA \| Services
Segment Reporting Information [Line Items]
Total net sales	232,316	200,624	201,875
Total costs of goods sold	86,082	69,383	64,968
APAC
Segment Reporting Information [Line Items]
Total net sales	229,832	234,278	211,739
Total costs of goods sold	166,249	173,313	158,494
Gross profit	63,583	60,965	53,245
Operating expenses:
Selling and administrative expenses	43,825	41,874	36,748
Severance and restructuring expenses	173	91	167
Acquisition and integration related expenses	0	0
Earnings from operations	19,585	19,000	16,330
APAC \| Products
Segment Reporting Information [Line Items]
Total net sales	132,538	144,589	139,314
Total costs of goods sold	120,892	132,293	126,136
APAC \| Services
Segment Reporting Information [Line Items]
Total net sales	97,294	89,689	72,425
Total costs of goods sold	$ 45,357	$ 41,020	$ 32,358

Segment and Geographic Inform_6

Segment and Geographic Information - Summary of Total Assets by Reportable Operating Segment (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 6,286,350	$ 5,112,581
Operating Segments \| North America
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	6,521,591	5,219,480
Operating Segments \| EMEA
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	1,058,734	939,327
Operating Segments \| APAC
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	171,820	153,232
Intersegment Eliminations
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ (1,465,795)	$ (1,199,458)

Segment and Geographic Inform_7

Segment and Geographic Information - Summary of Geographic Net Sales and Long-Lived Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net sales	$ 9,175,840	$ 10,431,191	$ 9,436,113
Total long-lived assets	210,061	204,260	176,263
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net sales	6,923,030	7,973,814	7,046,742
Total long-lived assets	187,625	182,482	144,777
United Kingdom
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net sales	709,078	838,943	826,800
Total long-lived assets	4,748	4,601	9,282
Other Foreign
Revenues from External Customers and Long-Lived Assets [Line Items]
Total net sales	1,543,732	1,618,434	1,562,571
Total long-lived assets	$ 17,688	$ 17,177	$ 22,204

Segment and Geographic Inform_8

Segment and Geographic Information - Pre-Tax Depreciation and Amortization by Operating Segment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Depreciation	$ 26,245	$ 23,722	$ 23,376
Amortization of intangible assets	36,231	32,892	32,045
Depreciation and amortization	62,476	56,614	55,421
North America
Segment Reporting Information [Line Items]
Depreciation	22,964	20,587	18,532
Amortization of intangible assets	32,514	30,735	29,576
EMEA
Segment Reporting Information [Line Items]
Depreciation	2,838	2,538	4,256
Amortization of intangible assets	3,277	1,696	1,971
APAC
Segment Reporting Information [Line Items]
Depreciation	443	597	588
Amortization of intangible assets	$ 440	$ 461	$ 498

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) £ in Thousands, $ in Thousands				1 Months Ended				12 Months Ended
	Dec. 01, 2023 USD ($) Teammate Office	Aug. 17, 2023 USD ($)	Jun. 01, 2022 USD ($)	Dec. 31, 2023 USD ($)	Nov. 30, 2023 USD ($)	Apr. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Aug. 17, 2023 GBP (£)
Business Acquisition [Line Items]
Acquisition and integration related expenses								$ 7,396	$ 1,972	$ 0
Goodwill				$ 684,345				684,345	493,033
Goodwill acquired during the year								188,720	69,923
Earnout and acquisition related payments								15,615	0	0
Total net sales								9,175,840	10,431,191	9,436,113
Net earnings								281,309	280,608	$ 219,345
SADA Systems, LLC
Business Acquisition [Line Items]
Acquisition, percentage of issued and outstanding shares acquired	100%
Business combination, consideration transferred	$ 425,327
Cash and cash equivalents acquired from acquisition	$ 24,701
Number of office \| Office	3
Cash purchase price	$ 423,290
Contractual adjustments	450
Seller retention fund	5,000
Business combination, contingent consideration, liability	21,288
Seller incentive opportunity	390,000
Stock-based compensation liabilities	67,600
Transaction costs	16,841
Estimated fair value of net assets acquired	308,305
Identifiable intangible assets - see description below	158,100
Acquisition and integration related expenses				$ 3,572
Goodwill	117,022
Stock-based compensation gain								100,206	$ 32,051
Total net sales								33,451
Net earnings								$ 14,502
SADA Systems, LLC \| Customer relationships
Business Acquisition [Line Items]
Identifiable intangible assets - see description below	124,700
Finite-lived intangible asset, useful life				10 years				10 years
SADA Systems, LLC \| Non-compete agreements
Business Acquisition [Line Items]
Identifiable intangible assets - see description below	26,200
SADA Systems, LLC \| Maximum
Business Acquisition [Line Items]
Business combination, contingent consideration, liability	$ 390,000
SADA Systems, LLC \| Maximum \| Non-compete agreements
Business Acquisition [Line Items]
Finite-lived intangible asset, useful life				5 years				5 years
SADA Systems, LLC \| Minimum
Business Acquisition [Line Items]
Number of teammates \| Teammate	800
Business combination, contingent consideration, liability	$ 0
SADA Systems, LLC \| Minimum \| Non-compete agreements
Business Acquisition [Line Items]
Finite-lived intangible asset, useful life				3 years				3 years
Hanu
Business Acquisition [Line Items]
Acquisition, percentage of issued and outstanding shares acquired							100%
Business combination, consideration transferred			$ 68,248				$ 90,106
Estimated fair value of net assets acquired			20,183
Intangible assets acquired			24,750
Goodwill			$ 69,923
Business combination, contingent consideration, asset							$ 6,358
Earnout and acquisition related payments					$ 3,973	$ 10,748
Hanu \| Customer relationships
Business Acquisition [Line Items]
Finite-lived intangible asset, useful life							10 years
Hanu \| Maximum
Business Acquisition [Line Items]
Business combination, contingent consideration, liability							$ 15,307
Amdaris Group Limited
Business Acquisition [Line Items]
Acquisition, percentage of issued and outstanding shares acquired		100%									100%
Business combination, consideration transferred		$ 82,875
Estimated fair value of net assets acquired \| £											£ 34,060
Intangible assets acquired \| £											£ 41,291
Goodwill acquired during the year		$ 71,698
Amdaris Group Limited \| Customer relationships
Business Acquisition [Line Items]
Finite-lived intangible asset, useful life		10 years									10 years
Amdaris Group Limited \| Maximum
Business Acquisition [Line Items]
Business combination, contingent consideration, liability		$ 54,391
Amdaris Group Limited \| Minimum
Business Acquisition [Line Items]
Business combination, contingent consideration, liability		$ 0

Acquisitions - Summary of Purch

Acquisitions - Summary of Purchase Price and Estimated Fair Value of Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands	Dec. 01, 2023	Dec. 31, 2023	Dec. 31, 2022
Fair value of net assets acquired:
Excess purchase price over fair value of net assets acquired ("goodwill")		$ 684,345	$ 493,033
SADA Systems, LLC
Business Acquisition [Line Items]
Business combination, consideration transferred	$ 425,327
Fair value of net assets acquired:
Current assets	348,727
Identifiable intangible assets - see description below	158,100
Property and equipment	2,266
Other assets	260,185
Current liabilities	(335,548)
Long-term liabilities, including long-term accounts payable	(125,425)
Total fair value of net assets acquired	308,305
Excess purchase price over fair value of net assets acquired ("goodwill")	117,022
SADA Systems, LLC \| Non-compete agreements
Fair value of net assets acquired:
Identifiable intangible assets - see description below	$ 26,200

Acquisitions - Estimated Useful

Acquisitions - Estimated Useful Lives of Identifiable Intangibles (Detail) - SADA Systems, LLC	Dec. 31, 2023
Customer relationships
Acquired Finite Lived Intangible Assets [Line Items]
Estimated Economic Life	10 years
Trade name
Acquired Finite Lived Intangible Assets [Line Items]
Estimated Economic Life	3 years
Non-compete agreements \| Minimum
Acquired Finite Lived Intangible Assets [Line Items]
Estimated Economic Life	3 years
Non-compete agreements \| Maximum
Acquired Finite Lived Intangible Assets [Line Items]
Estimated Economic Life	5 years

Acquisitions - Summary of Pro F

Acquisitions - Summary of Pro Forma Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Net sales, as reported	$ 9,175,840	$ 10,431,191	$ 9,436,113
Net earnings, as reported	$ 281,309	$ 280,608	$ 219,345
Diluted (in dollars per share)	$ 7.55	$ 7.66	$ 5.95
SADA Systems, LLC
Business Acquisition [Line Items]
Net sales, as reported	$ 33,451
Net sales, pro forma	9,367,386	$ 10,682,565
Net earnings, as reported	14,502
Net earnings, pro forma	$ 330,757	$ 308,243
Diluted earnings per share, pro forma (in dollars per share)	$ 8.88	$ 8.42