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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,035,534 $ 789,750
Accounts receivable, less allowance for credit losses of $32,702 and $22,502, respectively 3,509,202 3,203,490
Contract assets 296,523 269,885
Inventories 94,475 110,774
Prepaid expenses and other 70,681 73,072
Total current assets 5,006,415 4,446,971
Property, plant, and equipment, net 204,547 179,378
Operating lease right-of-use assets 322,912 310,498
Goodwill 1,002,218 956,549
Identifiable intangible assets, net 648,123 586,032
Other assets 137,737 130,293
Total assets 7,321,952 6,609,721
Current liabilities:    
Accounts payable 897,059 935,967
Contract liabilities 1,881,444 1,595,109
Accrued payroll and benefits 753,680 596,936
Other accrued expenses and liabilities 312,799 315,107
Operating lease liabilities, current 80,245 75,236
Total current liabilities 3,925,227 3,518,355
Operating lease liabilities, long-term 269,517 259,430
Other long-term obligations 368,089 361,121
Total liabilities 4,562,833 4,138,906
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, 61,175,811 and 61,094,042 shares issued, respectively 612 611
Capital surplus 96,939 91,813
Accumulated other comprehensive loss (76,279) (85,704)
Retained earnings 4,497,430 3,814,439
Treasury stock, at cost 15,178,383 and 14,046,777 shares, respectively (1,760,620) (1,351,381)
Total EMCOR Group, Inc. stockholders' equity 2,758,082 2,469,778
Noncontrolling interests 1,037 1,037
Total equity 2,759,119 2,470,815
Total liabilities and equity $ 7,321,952 $ 6,609,721