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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 481,391 $ 358,818
Accounts receivable, less allowance for credit losses of $20,976 and $14,466, respectively 1,936,442 2,030,813
Contract assets 171,389 177,830
Inventories 40,590 40,446
Prepaid expenses and other 49,268 51,976
Total current assets 2,679,080 2,659,883
Property, plant and equipment, net 158,453 156,187
Operating lease right-of-use assets 240,659 245,471
Goodwill 839,772 1,063,911
Identifiable intangible assets, net 576,540 611,444
Other assets 95,919 93,462
Total assets 4,590,423 4,830,358
Current liabilities:    
Current maturities of long-term debt and finance lease liabilities 10,234 18,092
Accounts payable 563,128 665,402
Contract liabilities 655,298 623,642
Accrued payroll and benefits 317,783 382,573
Other accrued expenses and liabilities 209,064 195,757
Operating lease liabilities, current 52,705 53,144
Total current liabilities 1,808,212 1,938,610
Borrowings under revolving credit facility 0 50,000
Long-term debt and finance lease liabilities 294,126 244,139
Operating lease liabilities, long-term 204,361 204,950
Other long-term obligations 339,526 334,879
Total liabilities 2,646,225 2,772,578
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, 60,521,102 and 60,359,252 shares issued, respectively 605 604
Capital surplus 38,975 32,274
Accumulated other comprehensive loss (91,172) (89,288)
Retained earnings 2,348,199 2,367,481
Treasury stock, at cost 5,623,176 and 4,139,421 shares, respectively (352,985) (253,937)
Total EMCOR Group, Inc. stockholders' equity 1,943,622 2,057,134
Noncontrolling interests 576 646
Total equity 1,944,198 2,057,780
Total liabilities and equity $ 4,590,423 $ 4,830,358