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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 821,345 $ 902,867
Accounts receivable, less allowance for credit losses of $23,534 and $18,031, respectively 2,204,519 1,922,096
Contract assets 230,143 171,956
Inventories 54,098 53,338
Prepaid expenses and other 80,889 70,679
Total current assets 3,390,994 3,120,936
Property, plant and equipment, net 152,066 158,427
Operating lease right-of-use assets 260,778 242,155
Goodwill 890,268 851,783
Identifiable intangible assets, net 589,365 582,893
Other assets 157,975 107,646
Total assets 5,441,446 5,063,840
Current liabilities:    
Current maturities of long-term debt and finance lease liabilities 16,235 16,910
Accounts payable 734,275 671,886
Contract liabilities 788,134 722,252
Accrued payroll and benefits 490,867 450,955
Other accrued expenses and liabilities 274,406 247,597
Operating lease liabilities, current 57,814 53,632
Total current liabilities 2,361,731 2,163,232
Long-term debt and finance lease liabilities 245,450 259,619
Operating lease liabilities, long-term 220,836 205,362
Other long-term obligations 360,340 382,383
Total liabilities 3,188,357 3,010,596
EMCOR Group, Inc. stockholders’ equity:    
Preferred stock, $0.10 par value, 1,000,000 shares authorized, zero issued and outstanding 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 60,737,006 and 60,571,140 shares issued, respectively 607 606
Capital surplus 61,874 47,464
Accumulated other comprehensive loss (83,562) (109,233)
Retained earnings 2,835,504 2,480,321
Treasury stock, at cost 7,437,268 and 5,815,240 shares, respectively (562,036) (366,490)
Total EMCOR Group, Inc. stockholders’ equity 2,252,387 2,052,668
Noncontrolling interests 702 576
Total equity 2,253,089 2,053,244
Total liabilities and equity $ 5,441,446 $ 5,063,840