Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 85,908	$ 68,035
Accounts receivable, net	585,511	442,180
Prepaid expenses and other current assets	61,607	43,549
Total current assets	733,026	553,764
Property and equipment, net	27,615	30,404
Deferred income taxes, net	0	3,212
Investments	18,272	17,925
Goodwill	590,668	409,588
Intangible assets, net	258,210	180,464
Operating lease right-of-use assets, net	191,370	162,184
Other noncurrent assets	10,209	13,758
Total assets	1,829,370	1,371,299
Current liabilities:
Accounts payable	152,962	124,661
Accrued expenses	114,222	102,315
Customer advances and billings in excess of costs	106,475	51,439
Salaries, benefits and payroll taxes	145,186	130,633
Accrued taxes	15,582	18,488
Current portion of long-term debt, net	5,961	22,007
Operating lease liabilities, current portion	46,756	36,997
Other current liabilities	45,037	30,893
Total current liabilities	632,181	517,433
Deferred income taxes, net	4,389	0
Long-term debt, net	860,306	727,930
Long-term operating lease liabilities	145,569	129,244
Warrant liability	50,467	0
Other long-term liabilities	30,273	8,601
Total liabilities	1,723,185	1,383,208
Stockholders’ equity:
Preferred stock, $0.0001 par value per share, 1,000,000 shares authorized; no shares issued and outstanding	0	0
Common stock, $0.0001 par value per share: 210,000,000 shares authorized; 92,040,654 and 21,127,823 shares issued and outstanding as of December 31, 2020 and December 31, 2019, respectively	9	3
Additional paid-in capital	188,685	101,742
Accumulated deficit	(116,621)	(145,371)
Accumulated other comprehensive income (loss)	1,876	(134)
Total PAE Incorporated stockholders' equity	73,949	(43,760)
Noncontrolling interests	32,236	31,851
Total liabilities and equity	$ 1,829,370	$ 1,371,299