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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 322,883 $ 224,482
Accounts receivable, less allowance for doubtful accounts of $6,968 and $4,873 at December 31, 2019 and 2018, respectively 319,538 326,133
Inventories 522,024 544,750
Prepaid expenses and other assets 31,384 25,404
Total current assets 1,195,829 1,120,769
Property and equipment, net 316,976 278,929
Customer lists, net 55,552 61,194
Patents and technology, net 85,546 29,970
Other intangible assets, net 8,259 3,043
Tradenames, net 148,377 152,283
Goodwill 805,284 764,655
Deferred income taxes 2,933 163
Operating lease and other assets 46,913 15,308
Total assets 2,665,669 2,426,314
Current liabilities:    
Short-term borrowings 58,714 45,583
Accounts payable 261,977 328,091
Accrued wages and employee benefits 41,361 40,819
Other accrued liabilities 132,629 144,236
Current portion of long-term borrowings and finance lease obligations 2,383 1,977
Total current liabilities 497,064 560,706
Long-term borrowings and finance lease obligations 837,767 876,396
Deferred Income Tax Liabilities, Net, Total 96,328 71,300
Operating lease and other long-term liabilities 140,432 95,647
Total liabilities 1,571,591 1,604,049
Redeemable noncontrolling interest 61,227 61,004
Stockholders’ equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 71,667,726 and 71,186,418 shares issued at December 31, 2019 and 2018, respectively 717 712
Additional paid-in capital 498,866 476,116
Treasury stock, at cost, 9,103,013 and 9,047,060 shares at December 31, 2019 and 2018, respectively (324,551) (321,473)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 1,084,383 831,123
Accumulated other comprehensive loss (24,917) (23,813)
Stockholders' equity attributable to Generac Holdings, Inc. 1,032,382 760,549
Noncontrolling interests 469 712
Total stockholders’ equity 1,032,851 761,261
Total liabilities and stockholders’ equity $ 2,665,669 $ 2,426,314