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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 161,266 $ 224,482
Accounts receivable, less allowance for doubtful accounts 284,612 326,133
Inventories 588,380 544,750
Prepaid expenses and other assets 28,537 25,404
Total current assets 1,062,795 1,120,769
Property and equipment, net 289,438 278,929
Customer lists, net 59,450 61,194
Patents, net 27,557 29,970
Other intangible assets, net 2,930 3,043
Tradenames, net 151,174 152,283
Goodwill 828,403 764,655
Deferred income taxes 4,385 163
Operating lease and other assets 47,590 15,308
Total assets 2,473,722 2,426,314
Current liabilities:    
Short-term borrowings 45,241 45,583
Accounts payable 290,871 328,091
Accrued wages and employee benefits 26,659 40,819
Other accrued liabilities 151,005 144,236
Current portion of long-term borrowings and finance lease obligations 2,203 1,977
Total current liabilities 515,979 560,706
Long-term borrowings and finance lease obligations 882,483 876,396
Deferred income taxes 78,877 71,300
Operating lease and other long-term liabilities 129,071 95,647
Total liabilities 1,606,410 1,604,049
Redeemable noncontrolling interests 57,357 61,004
Stockholders’ equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 71,395,561 and 71,186,418 shares issued at March 31, 2019 and December 31, 2018, respectively 714 712
Additional paid-in capital 481,391 476,116
Treasury stock, at cost (324,115) (321,473)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 878,416 831,123
Accumulated other comprehensive loss (29,870) (23,813)
Stockholders' equity attributable to Generac Holdings, Inc. 804,420 760,549
Noncontrolling interests 5,535 712
Total stockholders' equity 809,955 761,261
Total liabilities and stockholders’ equity $ 2,473,722 $ 2,426,314