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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 202,603 $ 70,841
Accounts receivable, net of allowance of $837 and $576, respectively 87,865 92,269
Inventories 113,371 99,837
Prepaid expenses and other current assets 11,044 11,558
Total current assets 414,883 274,505
Property and equipment, net 161,748 142,054
Operating lease right-of-use assets, net 26,561  
Goodwill 7,824 7,824
Deferred tax asset, net 222,545 159,053
Other noncurrent assets 1,403 1,308
Total assets 834,964 584,744
Current liabilities    
Accounts payable 40,957 42,047
Accrued expenses and other current liabilities 22,067 15,650
Current portion of liability related to tax receivable agreement 14,630 9,574
Finance lease obligations, current portion 6,735 7,353
Operating lease liabilities, current portion 6,737  
Total current liabilities 91,126 74,624
Deferred tax liability, net 1,348 1,036
Liability related to tax receivable agreement, net of current portion 201,902 138,015
Finance lease obligations, net of current portion 3,910 8,741
Operating lease liabilities, net of current portion 20,283  
Total liabilities 318,569 222,416
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized, none issued and outstanding
Additional paid-in capital 194,456 126,418
Retained earnings 132,990 51,683
Accumulated other comprehensive loss (452) (820)
Total stockholders' equity attributable to Cactus Inc. 327,466 177,658
Non-controlling interest 188,929 184,670
Total stockholders' equity 516,395 362,328
Total liabilities and equity 834,964 584,744
Class A Common Stock    
Stockholders' equity    
Common stock, $0.01 par value 472 377
Class B Common Stock    
Stockholders' equity    
Common stock, $0.01 par value