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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 230,202 $ 202,603
Accounts receivable, net of allowance of $1,430 and $837, respectively 95,236 87,865
Inventories 100,301 113,371
Prepaid expenses and other current assets 9,535 11,044
Total current assets 435,274 414,883
Property and equipment, net 162,871 161,748
Operating lease right-of-use assets, net 24,872 26,561
Goodwill 7,824 7,824
Deferred tax asset, net 217,916 222,545
Other noncurrent assets 1,338 1,403
Total assets 850,095 834,964
Current liabilities    
Accounts payable 34,476 40,957
Accrued expenses and other current liabilities 19,275 22,067
Current portion of liability related to tax receivable agreement 14,630 14,630
Finance lease obligations, current portion 6,498 6,735
Operating lease liabilities, current portion 6,535 6,737
Total current liabilities 81,414 91,126
Deferred tax liability, net 1,511 1,348
Liability related to tax receivable agreement, net of current portion 201,902 201,902
Finance lease obligations, net of current portion 4,033 3,910
Operating lease liabilities, net of current portion 18,809 20,283
Total liabilities 307,669 318,569
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized, none issued and outstanding
Additional paid-in capital 195,381 194,456
Retained earnings 147,670 132,990
Accumulated other comprehensive loss (1,067) (452)
Total stockholders' equity attributable to Cactus Inc. 342,458 327,466
Non-controlling interest 199,968 188,929
Total stockholders' equity 542,426 516,395
Total liabilities and equity 850,095 834,964
Class A Common Stock    
Stockholders' equity    
Common stock, $0.01 par value 474 472
Class B Common Stock    
Stockholders' equity    
Common stock, $0.01 par value