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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 403,816 $ 821,345
Accounts receivable, less allowance for credit losses of $25,270 and $23,534, respectively 2,510,579 2,204,519
Contract assets 299,336 230,143
Inventories 101,874 54,098
Prepaid expenses and other 63,657 80,889
Total current assets 3,379,262 3,390,994
Property, plant and equipment, net 156,090 152,066
Operating lease right-of-use assets 262,976 260,778
Goodwill 916,812 890,268
Identifiable intangible assets, net 605,949 589,365
Other assets 117,640 157,975
Total assets 5,438,729 5,441,446
Current liabilities:    
Current maturities of long-term debt and finance lease liabilities 15,635 16,235
Accounts payable 751,074 734,275
Contract liabilities 1,046,312 788,134
Accrued payroll and benefits 514,166 490,867
Other accrued expenses and liabilities 248,382 274,406
Operating lease liabilities, current 63,227 57,814
Total current liabilities 2,638,796 2,361,731
Borrowings under revolving credit facility 170,000 0
Long-term debt and finance lease liabilities 245,101 245,450
Operating lease liabilities, long-term 218,968 220,836
Other long-term obligations 323,442 360,340
Total liabilities 3,596,307 3,188,357
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, 60,928,336 and 60,737,006 shares issued, respectively 609 607
Capital surplus 70,121 61,874
Accumulated other comprehensive loss (101,531) (83,562)
Retained earnings 3,095,166 2,835,504
Treasury stock, at cost 13,281,222 and 7,437,268 shares, respectively (1,222,645) (562,036)
Total EMCOR Group, Inc. stockholders' equity 1,841,720 2,252,387
Noncontrolling interests 702 702
Total equity 1,842,422 2,253,089
Total liabilities and equity $ 5,438,729 $ 5,441,446