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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 232,787 $ 202,007
Accounts receivable, net 318,809 280,435
Inventories 267,042 228,701
Other current assets 151,349 118,441
Total current assets 969,987 829,584
Property, plant, and equipment, net 132,648 140,123
Deferred tax assets, net 213,777 211,982
Other long-term assets 35,447 39,901
Operating lease right-of-use assets, net 44,642 52,826
Intangible assets, net 55,378 64,941
Goodwill 1,046,759 1,038,721
Total assets 2,498,638 2,378,078
Current liabilities    
Accounts payable 234,928 237,178
Other current liabilities 52,834 42,869
Wages and benefits payable 99,611 89,431
Taxes payable 14,365 15,324
Current portion of warranty 17,847 18,203
Unearned revenue 140,335 95,567
Total current liabilities 559,920 498,572
Long-term debt, net 453,667 452,526
Long-term warranty 7,639 7,495
Pension benefit obligation 59,739 57,839
Deferred tax liabilities, net 853 833
Operating lease liabilities 35,944 44,370
Other long-term obligations 151,989 124,887
Total liabilities 1,269,751 1,186,522
Equity    
Preferred stock, no par value, 10,000 shares authorized, no shares issued or outstanding 0 0
Common stock, no par value, 75,000 shares authorized, 45,448 and 45,186 shares issued and outstanding 1,803,813 1,788,479
Accumulated other comprehensive loss, net (85,722) (94,674)
Accumulated deficit (512,967) (525,332)
Total Itron, Inc. shareholders' equity 1,205,124 1,168,473
Noncontrolling interests 23,763 23,083
Total equity 1,228,887 1,191,556
Total liabilities and equity $ 2,498,638 $ 2,378,078