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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 467,430 $ 464,617
Accounts receivable, less allowance for doubtful accounts of $17,230 and $12,252, respectively 1,607,922 1,495,431
Costs and estimated earnings in excess of billings on uncompleted contracts 122,621 130,697
Inventories 42,724 37,426
Prepaid expenses and other 43,812 40,944
Total current assets 2,284,509 2,169,115
Investments, notes and other long-term receivables 2,309 8,792
Property, plant and equipment, net 127,156 127,951
Goodwill 964,893 979,628
Identifiable intangible assets, net 495,036 487,398
Other assets 92,001 79,554
Total assets 3,965,904 3,852,438
Current liabilities:    
Current maturities of long-term debt and capital lease obligations 15,364 15,030
Accounts payable 567,840 501,213
Billings in excess of costs and estimated earnings on uncompleted contracts 524,156 489,242
Accrued payroll and benefits 322,865 310,514
Other accrued expenses and liabilities 220,727 195,775
Total current liabilities 1,650,952 1,511,774
Borrowings under revolving credit facility 25,000 125,000
Long-term debt and capital lease obligations 269,786 283,296
Other long-term obligations 346,049 394,426
Total liabilities 2,291,787 2,314,496
EMCOR Group, Inc. stockholders’ equity:    
Preferred stock, $0.10 par value, 1,000,000 shares authorized, zero issued and outstanding 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 59,870,980 and 60,606,825 shares issued, respectively 599 606
Capital surplus 8,005 52,219
Accumulated other comprehensive loss (94,200) (101,703)
Retained earnings 1,796,556 1,596,269
Treasury stock, at cost 1,072,552 and 659,841 shares, respectively (37,693) (10,302)
Total EMCOR Group, Inc. stockholders’ equity 1,673,267 1,537,089
Noncontrolling interests 850 853
Total equity 1,674,117 1,537,942
Total liabilities and equity $ 3,965,904 $ 3,852,438