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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 358,818 $ 363,907
Accounts receivable, less allowance for doubtful accounts of $14,466 and $15,361, respectively 2,030,813 1,773,620
Contract assets 177,830 158,243
Inventories 40,446 42,321
Prepaid expenses and other 51,976 48,116
Total current assets 2,659,883 2,386,207
Property, plant and equipment, net 156,187 134,351
Operating lease right-of-use assets 245,471 0
Goodwill 1,063,911 990,887
Identifiable intangible assets, net 611,444 488,286
Other assets 93,462 89,076
Total assets 4,830,358 4,088,807
Current liabilities:    
Current maturities of long-term debt and finance lease liabilities 18,092 16,013
Accounts payable 665,402 652,091
Contract liabilities 623,642 552,290
Accrued payroll and benefits 382,573 343,069
Other accrued expenses and liabilities 195,757 170,935
Operating lease liabilities, current 53,144 0
Total current liabilities 1,938,610 1,734,398
Borrowings under revolving credit facility 50,000 25,000
Long-term debt and finance lease liabilities 244,139 254,764
Operating lease liabilities, long-term 204,950 0
Other long-term obligations 334,879 333,204
Total liabilities 2,772,578 2,347,366
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, 60,359,252 and 60,123,184 shares issued, respectively 604 601
Capital surplus 32,274 21,103
Accumulated other comprehensive loss (89,288) (87,662)
Retained earnings 2,367,481 2,060,440
Treasury stock, at cost 4,139,421 shares (253,937) (253,937)
Total EMCOR Group, Inc. stockholders’ equity 2,057,134 1,740,545
Noncontrolling interests 646 896
Total equity 2,057,780 1,741,441
Total liabilities and equity $ 4,830,358 $ 4,088,807