Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 352,540	$ 346,441
Marketable securities	2,490	2,614
Accounts and other receivable, net of expected credit losses of $7,241 and $7,745, respectively	214,360	246,564
Inventories	235,299	230,019
Income taxes receivable	1,245	4,245
Other current assets	55,291	36,855
Total current assets	861,225	866,738
Property and equipment, net	105,592	108,109
Operating lease right-of-use assets	110,034	105,404
Deposits and other assets	21,813	22,556
Goodwill	202,149	202,932
Intangible assets, net	178,479	184,011
Deferred income tax assets	43,258	42,656
TOTAL ASSETS	1,522,550	1,532,406
Current liabilities:
Accounts payable	167,442	170,671
Income taxes payable	6,574	9,687
Accrued payroll and employee benefits	39,217	51,545
Other accrued expenses	43,863	41,691
Customer deposits and other	10,894	10,926
Current portion of long-term debt	17,500	17,500
Current portion of operating lease liabilities	18,284	18,312
Total current liabilities	303,774	320,332
Long-term debt	317,285	321,527
Operating lease liabilities	95,205	90,538
Pension benefits	66,538	68,169
Deferred income tax liabilities	10,213	9,952
Uncertain tax positions	16,275	16,055
Long-term deferred revenue	7,696	8,011
Other long-term liabilities	19,606	20,562
Total liabilities	836,592	855,146
Stockholders' equity:
Common stock, $0.001 par value, 70,000 shares authorized; 38,252 and 38,358 issued and outstanding at March 31, 2020 and December 31, 2019, respectively	38	38
Additional paid-in capital	98,478	104,849
Accumulated other comprehensive loss	(8,804)	(5,897)
Retained earnings	595,685	577,724
Advanced Energy stockholders' equity	685,397	676,714
Noncontrolling interest	561	546
Total stockholders' equity	685,958	677,260
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,522,550	$ 1,532,406