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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 533,361 $ 508,072
Restricted cash 22,696 18,866
Accounts receivable (net of allowances of $38,103 in 2018 and $30,207 in 2017) 3,124,204 2,517,980
Securitized accounts receivable, restricted 142,575 150,235
Prepaid expenses and other current assets 85,842 69,413
Total current assets 3,908,678 3,264,566
Property, equipment and capitalized software (net of accumulated depreciation of $312,921 in 2018 and $264,928 in 2017) 166,999 163,908
Goodwill 1,838,909 1,876,132
Other intangible assets (net of accumulated amortization of $480,950 in 2018 and $392,827 in 2017) 1,069,116 1,154,047
Investment securities 24,088 23,358
Deferred income taxes, net 8,610 7,752
Other assets 143,342 253,088
Total assets 7,159,742 6,742,851
Liabilities and Stockholders’ Equity    
Accounts payable 1,160,661 811,362
Accrued expenses 308,021 315,346
Short-term deposits 878,071 986,989
Short-term debt, net 238,864 397,218
Other current liabilities 26,848 24,795
Total current liabilities 2,612,465 2,535,710
Long-term debt, net 2,140,875 2,027,752
Long-term deposits 386,770 306,865
Deferred income taxes, net 140,478 119,283
Other liabilities 29,897 32,683
Total liabilities 5,310,485 5,022,293
Stockholders’ Equity    
Common Stock $0.01 par value; 175,000 shares authorized; 47,528 shares issued in 2018 and 47,352 in 2017; 43,100 shares outstanding in 2018 and 43,022 in 2017 475 473
Additional paid-in capital 584,047 569,319
Retained earnings 1,550,577 1,404,683
Accumulated other comprehensive loss (123,260) (90,795)
Treasury stock at cost; 4,428 shares in 2018 and 2017 (172,342) (172,342)
Total WEX Inc. stockholders’ equity 1,839,497 1,711,338
Non-controlling interest 9,760 9,220
Total stockholders’ equity 1,849,257 1,720,558
Total liabilities and stockholders’ equity $ 7,159,742 $ 6,742,851