December 31, 2002 2001 Current Liabilities: Short-term debt $ 1,319 1,706 Accounts payable 248,302 195,826 Accrued expenses, primarily salaries and related costs 79,847 59,843 Deferred Federal and state income taxes 9,678 7,651 Federal, state, and foreign income taxes 16,990 8,788 Total current liabilities 356,136 273,814 Shareholders’ Equity: Preferred stock, par value $.01 per share Authorized 2,000,000 shares; none issued – – Common stock, par value $.01 per share Authorized 320,000,000 shares; issued and outstanding 104,220,940 shares at December 31, 2002 and 103,223,708 shares at December 31, 2001 1,042 1,032 Additional paid-in capital 21,701 15,588 Retained earnings 512,036 411,992 Accumulated other comprehensive loss (10,967) (13,989) Total shareholders’ equity 523,812 414,623 Commitments and contingencies $ 879,948 688,437 In thousands except share data 37 expd 02 Balance Sheets Note: All share and per share amounts have been adjusted to reflect a 2-for-1 stock split effected in June 2002. See accompanying notes to consolidated financial statements.