Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 29,902	$ 35,992
Restricted cash	2,093	1,819
Accounts receivable, net	74,991	63,046
Costs and estimated earnings in excess of billings on uncompleted contracts	51,429	45,498
Inventories, net	17,052	17,343
Prepaid expenses and other current assets	10,760	11,530
Prepaid income taxes	2,784	7,790
Assets held for sale	0	467
Total current assets	189,011	183,485
Property, plant and equipment, net	15,948	16,228
Right-of-use assets from operating leases	10,893	11,376
Goodwill	161,183	161,820
Intangible assets – finite life, net	25,841	29,637
Intangible assets – indefinite life	9,629	12,937
Deferred income taxes	505
Deferred charges and other assets	3,187	3,831
Total assets	416,197	419,314
Current liabilities:
Current portion of debt	2,203	3,125
Accounts payable and accrued expenses	84,081	84,997
Billings in excess of costs and estimated earnings on uncompleted contracts	28,908	20,691
Income taxes payable	1,493	543
Total current liabilities	116,685	109,356
Other liabilities	14,826	20,576
Debt, less current portion	61,577	69,491
Deferred income tax liability, net	8,390	6,970
Operating lease liabilities	8,762	9,310
Total liabilities	210,240	215,703
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $.01 par value; 10,000 shares authorized, none issued
Common stock, $.01 par value; 100,000,000 shares authorized, 35,028,197 and 35,504,757 shares issued and outstanding at December 31, 2021 and 2020, respectively	350	355
Capital in excess of par value	252,989	255,296
Accumulated loss	(36,715)	(38,141)
Accumulated other comprehensive loss	(12,070)	(14,496)
Stockholders' equity before treasury stock	204,554	203,014
Less treasury stock, at cost, zero and 137,920 shares at December 31, 2021 and 2020		(356)
Total CECO shareholders’ equity	204,554	202,658
Noncontrolling interest	1,403	953
Total shareholders' equity	205,957	203,611
Total liabilities and shareholders’ equity	$ 416,197	$ 419,314