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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 456,439 $ 821,345
Accounts receivable, less allowance for credit losses of $22,382 and $23,534, respectively 2,567,371 2,204,519
Contract assets 273,176 230,143
Inventories 85,641 54,098
Prepaid expenses and other 79,346 80,889
Total current assets 3,461,973 3,390,994
Property, plant and equipment, net 157,819 152,066
Operating lease right-of-use assets 268,063 260,778
Goodwill 919,151 890,268
Identifiable intangible assets, net 593,975 589,365
Other assets 123,626 157,975
Total assets 5,524,607 5,441,446
Current liabilities:    
Current maturities of long-term debt and finance lease liabilities 15,567 16,235
Accounts payable 849,284 734,275
Contract liabilities 1,098,263 788,134
Accrued payroll and benefits 465,000 490,867
Other accrued expenses and liabilities 258,190 274,406
Operating lease liabilities, current 67,218 57,814
Total current liabilities 2,753,522 2,361,731
Long-term debt and finance lease liabilities 231,625 245,450
Operating lease liabilities, long-term 220,764 220,836
Other long-term obligations 344,405 360,340
Total liabilities 3,550,316 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, 60,947,947 and 60,737,006 shares issued, respectively 609 607
Capital surplus 74,795 61,874
Accumulated other comprehensive loss (93,451) (83,562)
Retained earnings 3,214,281 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 1,973,589 2,252,387
Noncontrolling interests 702 702
Total equity 1,974,291 2,253,089
Total liabilities and equity $ 5,524,607 $ 5,441,446