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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 503,052 $ 456,439
Accounts receivable, less allowance for credit losses of $20,707 and $22,382, respectively 2,852,103 2,567,371
Contract assets 289,368 273,176
Inventories 106,080 85,641
Prepaid expenses and other 59,018 79,346
Total current assets 3,809,621 3,461,973
Property, plant and equipment, net 162,594 157,819
Operating lease right-of-use assets 299,672 268,063
Goodwill 927,485 919,151
Identifiable intangible assets, net 574,475 593,975
Other assets 133,822 123,626
Total assets 5,907,669 5,524,607
Current liabilities:    
Current maturities of long-term debt and finance lease liabilities 15,399 15,567
Accounts payable 790,158 849,284
Contract liabilities 1,357,740 1,098,263
Accrued payroll and benefits 444,143 465,000
Other accrued expenses and liabilities 270,837 258,190
Operating lease liabilities, current 71,185 67,218
Total current liabilities 2,949,462 2,753,522
Long-term debt and finance lease liabilities 231,454 231,625
Operating lease liabilities, long-term 250,926 220,764
Other long-term obligations 357,740 344,405
Total liabilities 3,789,582 3,550,316
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, 61,062,601 and 60,947,947 shares issued, respectively 611 609
Capital surplus 81,556 74,795
Accumulated other comprehensive loss (86,527) (93,451)
Retained earnings 3,450,553 3,214,281
Treasury stock, at cost 13,932,485 and 13,281,222 shares, respectively (1,328,808) (1,222,645)
Total EMCOR Group, Inc. stockholders' equity 2,117,385 1,973,589
Noncontrolling interests 702 702
Total equity 2,118,087 1,974,291
Total liabilities and equity $ 5,907,669 $ 5,524,607