Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 380,637	$ 346,441
Marketable securities	2,729	2,614
Accounts and other receivable, net of expected credit losses of $7,477 and $7,745, respectively	235,613	246,564
Inventories	260,049	230,019
Income taxes receivable	4,862	4,245
Other current assets	45,792	36,855
Total current assets	929,682	866,738
Property and equipment, net	107,554	108,109
Operating lease right-of-use assets	107,774	105,404
Deposits and other assets	21,776	22,556
Goodwill	207,926	202,932
Intangible assets, net	173,644	184,011
Deferred income tax assets	45,894	42,656
TOTAL ASSETS	1,594,250	1,532,406
Current liabilities:
Accounts payable	180,415	170,671
Income taxes payable	8,202	9,687
Accrued payroll and employee benefits	54,503	51,545
Other accrued expenses	49,501	41,691
Customer deposits and other	13,637	10,926
Current portion of long-term debt	17,500	17,500
Current portion of operating lease liabilities	19,112	18,312
Total current liabilities	342,870	320,332
Long-term debt	313,040	321,527
Operating lease liabilities	92,613	90,538
Pension benefits	67,451	68,169
Deferred income tax liabilities	11,989	9,952
Uncertain tax positions	16,478	16,055
Long-term deferred revenue	7,519	8,011
Other long-term liabilities	23,932	20,562
Total liabilities	875,892	855,146
Commitments and contingencies (Note 19)
Stockholders' equity:
Preferred stock, $0.001 par value, 1,000 shares authorized, none issued and outstanding
Common stock, $0.001 par value, 70,000 shares authorized; 38,325 and 38,358 issued and outstanding at June 30, 2020 and December 31, 2019, respectively	38	38
Additional paid-in capital	102,094	104,849
Accumulated other comprehensive loss	(9,148)	(5,897)
Retained earnings	624,829	577,724
Advanced Energy stockholders' equity	717,813	676,714
Noncontrolling interest	545	546
Total stockholders' equity	718,358	677,260
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,594,250	$ 1,532,406