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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 167,545 $ 70,841
Accounts receivable, net of allowance of $774 and $576 100,305 92,269
Inventories 111,590 99,837
Prepaid expenses and other current assets 7,510 11,558
Total current assets 386,950 274,505
Property and equipment, net 157,124 142,054
Operating lease right-of-use assets, net 26,537  
Goodwill 7,824 7,824
Deferred tax asset, net 231,224 159,053
Other noncurrent assets 1,478 1,308
Total assets 811,137 584,744
Current liabilities    
Accounts payable 40,959 42,047
Accrued expenses and other current liabilities 19,706 15,650
Current portion of liability related to tax receivable agreement 14,815 9,574
Finance lease obligations, current portion 7,361 7,353
Operating lease liabilities, current portion 6,739  
Total current liabilities 89,580 74,624
Deferred tax liability, net 822 1,036
Liability related to tax receivable agreement, net of current portion 206,105 138,015
Finance lease obligations, net of current portion 5,339 8,741
Operating lease liabilities, net of current portion 20,232  
Total liabilities 322,078 222,416
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized, none issued and outstanding
Additional paid-in capital 193,409 126,418
Retained earnings 119,237 51,683
Accumulated other comprehensive loss (792) (820)
Total stockholders' equity attributable to Cactus Inc. 312,325 177,658
Non-controlling interest 176,734 184,670
Total stockholders' equity 489,059 362,328
Total liabilities and equity 811,137 584,744
Class A Common Stock    
Stockholders' equity    
Common stock, $0.01 par value 471 377
Class B Common Stock    
Stockholders' equity    
Common stock, $0.01 par value