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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 902,867 $ 358,818
Accounts receivable, less allowance for credit losses of $18,031 and $14,466, respectively 1,922,096 2,030,813
Contract assets 171,956 177,830
Inventories 53,338 40,446
Prepaid expenses and other 70,679 51,976
Total current assets 3,120,936 2,659,883
Property, plant and equipment, net 158,427 156,187
Operating lease right-of-use assets 242,155 245,471
Goodwill 851,783 1,063,911
Identifiable intangible assets, net 582,893 611,444
Other assets 107,646 93,462
Total assets 5,063,840 4,830,358
Current liabilities:    
Current maturities of long-term debt and finance lease liabilities 16,910 18,092
Accounts payable 671,886 665,402
Contract liabilities 722,252 623,642
Accrued payroll and benefits 450,955 382,573
Other accrued expenses and liabilities 247,597 195,757
Operating lease liabilities, current 53,632 53,144
Total current liabilities 2,163,232 1,938,610
Borrowings under revolving credit facility 0 50,000
Long-term debt and finance lease liabilities 259,619 244,139
Operating lease liabilities, long-term 205,362 204,950
Other long-term obligations 382,383 334,879
Total liabilities 3,010,596 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, 60,571,140 and 60,359,252 shares issued, respectively 606 604
Capital surplus 47,464 32,274
Accumulated other comprehensive loss (109,233) (89,288)
Retained earnings 2,480,321 2,367,481
Treasury stock, at cost 5,815,240 and 4,139,421 shares, respectively (366,490) (253,937)
Total EMCOR Group, Inc. stockholders’ equity 2,052,668 2,057,134
Noncontrolling interests 576 646
Total equity 2,053,244 2,057,780
Total liabilities and equity $ 5,063,840 $ 4,830,358