Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 409,053	$ 544,372
Accounts and other receivable, net	307,018	237,227
Inventories	409,422	338,410
Other current assets	56,289	42,225
Total current assets	1,181,782	1,162,234
Property and equipment, net	136,502	114,830
Operating lease right-of-use assets	102,226	101,769
Deposits and other assets	33,364	19,669
Goodwill	279,226	212,190
Intangible assets, net	195,807	159,406
Deferred income tax assets	45,148	47,242
TOTAL ASSETS	1,974,055	1,817,340
Current liabilities:
Accounts payable	219,770	193,708
Income taxes payable	33,040	9,226
Accrued payroll and employee benefits	74,035	55,833
Other accrued expenses	44,898	53,445
Customer deposits and other	24,913	22,141
Current portion of long-term debt	20,000	20,000
Current portion of operating lease liabilities	16,299	15,843
Total current liabilities	432,955	370,196
Long-term debt, net	358,132	372,733
Operating lease liabilities	94,575	95,180
Pension benefits	58,208	67,255
Deferred income tax liabilities	9,194	9,921
Other long-term liabilities	31,043	30,559
Total liabilities	984,107	945,844
Commitments and contingencies (Note 17)
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; 37,393 and 37,589 issued and outstanding at September 30, 2022 and December 31, 2021, respectively	37	38
Additional paid-in capital	128,079	115,706
Accumulated other comprehensive loss	(14,797)	(1,216)
Retained earnings	875,968	756,323
Advanced Energy stockholders' equity	989,287	870,851
Noncontrolling interest	661	645
Total stockholders' equity	989,948	871,496
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,974,055	$ 1,817,340