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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 307,456 $ 322,883
Accounts receivable, less allowance for credit losses 312,013 319,538
Inventories 559,695 522,024
Prepaid expenses and other assets 29,557 31,384
Total current assets 1,208,721 1,195,829
Property and equipment, net 315,828 316,976
Customer lists, net 48,197 55,552
Patents and technology, net 81,174 85,546
Other intangible assets, net 7,495 8,259
Tradenames, net 146,638 148,377
Goodwill 793,576 805,284
Deferred income taxes 4,074 2,933
Operating lease and other assets 48,374 46,913
Total assets 2,654,077 2,665,669
Current liabilities:    
Short-term borrowings 49,878 58,714
Accounts payable 266,917 261,977
Accrued wages and employee benefits 22,256 41,361
Other accrued liabilities 139,704 132,629
Current portion of long-term borrowings and finance lease obligations 4,261 2,383
Total current liabilities 483,016 497,064
Long-term borrowings and finance lease obligations 839,380 837,767
Deferred income taxes 93,430 96,328
Operating lease and other long-term liabilities 154,660 140,432
Total liabilities 1,570,486 1,571,591
Redeemable noncontrolling interests 59,904 61,227
Stockholders’ equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 71,844,675 and 71,667,726 shares issued at March 31, 2020 and December 31, 2019, respectively 719 717
Additional paid-in capital 504,195 498,866
Treasury stock, at cost (331,386) (324,551)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 1,126,174 1,084,383
Accumulated other comprehensive loss (73,944) (24,917)
Stockholders' equity attributable to Generac Holdings, Inc. 1,023,642 1,032,382
Noncontrolling interests 45 469
Total stockholders' equity 1,023,687 1,032,851
Total liabilities and stockholders’ equity $ 2,654,077 $ 2,665,669