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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 174,001 $ 138,472
Accounts receivable, less allowance for doubtful accounts 341,758 279,294
Inventories 496,088 387,049
Prepaid expenses and other assets 28,110 19,741
Total current assets 1,039,957 824,556
Property and equipment, net 243,362 230,380
Customer lists, net 64,585 41,064
Patents, net 32,375 39,617
Other intangible assets, net 3,228 2,401
Tradenames, net 153,585 152,683
Goodwill 769,168 721,523
Deferred income taxes 1,207 3,238
Other assets 25,206 10,502
Total assets 2,332,673 2,025,964
Current liabilities:    
Short-term borrowings 35,758 20,602
Accounts payable 287,718 233,639
Accrued wages and employee benefits 41,335 27,992
Other accrued liabilities 136,416 112,618
Current portion of long-term borrowings and capital lease obligations 51,886 1,572
Total current liabilities 553,113 396,423
Long-term borrowings and capital lease obligations 859,625 906,548
Deferred income taxes 68,380 41,852
Other long-term liabilities 93,023 82,893
Total liabilities 1,574,141 1,427,716
Redeemable noncontrolling interests 59,897 43,929
Stockholders’ equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 71,105,573 and 70,820,173 shares issued at September 30, 2018 and December 31, 2017, respectively 711 708
Additional paid-in capital 473,886 459,816
Treasury stock, at cost (321,397) (294,005)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 756,636 610,835
Accumulated other comprehensive loss (9,557) (21,198)
Stockholders' equity attributable to Generac Holdings, Inc. 698,163 554,040
Noncontrolling interests 472 279
Total stockholders' equity 698,635 554,319
Total liabilities and stockholders’ equity $ 2,332,673 $ 2,025,964