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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 311,684 $ 301,669
Accounts receivable, net of allowance of $920 and $741, respectively 125,821 89,205
Inventories 149,037 119,817
Prepaid expenses and other current assets 7,985 7,794
Total current assets 594,527 518,485
Property and equipment, net 130,376 129,117
Operating lease right-of-use assets, net 20,910 22,538
Goodwill 7,824 7,824
Deferred tax asset, net 315,495 303,074
Other noncurrent assets 992 1,040
Total assets 1,070,124 982,078
Current liabilities    
Accounts payable 57,366 42,818
Accrued expenses and other current liabilities 33,620 28,240
Current portion of liability related to tax receivable agreement 11,769 11,769
Finance lease obligations, current portion 5,630 4,867
Operating lease liabilities, current portion 5,253 4,880
Total current liabilities 113,638 92,574
Deferred tax liability, net 1,247 1,172
Liability related to tax receivable agreement, net of current portion 288,659 269,838
Finance lease obligations, net of current portion 6,912 5,811
Operating lease liabilities, net of current portion 15,860 17,650
Total liabilities 426,316 387,045
Commitments and contingencies
Stockholders’ equity    
Preferred stock, $0.01 par value, 10,000 shares authorized, none issued and outstanding 0 0
Additional paid-in capital 304,418 289,600
Retained earnings 212,913 178,446
Accumulated other comprehensive income (loss) (698) 8
Total stockholders’ equity attributable to Cactus Inc. 517,239 468,644
Non-controlling interest 126,569 126,389
Total stockholders’ equity 643,808 595,033
Total liabilities and equity 1,070,124 982,078
Class A Common Stock    
Stockholders’ equity    
Common stock, $0.01 par value 606 590
Class B Common Stock    
Stockholders’ equity    
Common stock, $0.01 par value $ 0 $ 0