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CONSOLIDATED BALANCE SHEETS
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
USD ($)
Sep. 30, 2019
USD ($)
Dec. 31, 2018
USD ($)
Depreciation, Depletion and Amortization, Nonproduction $ 15,612 $ 46,035  
Other Accrued Liabilities, Current 160,062 160,062 $ 105,461
Current Assets:      
Cash and cash equivalents 138,160 138,160 96,343
Allowance for Doubtful Accounts Receivable, Current 27,122 27,122 24,468
Trade accounts receivable, net of allowance for doubtful accounts of $23,069 and $19,309 in 2014 and 2013, respectively 1,315,026 1,315,026 1,166,607
Accounts and Other Receivables, Net, Current 82,357 82,357 96,984
Inventories, net 961,997 961,997 948,726
Prepaid expenses and other current assets 80,940 80,940 76,980
Total current assets 2,578,480 2,578,480 2,385,640
Property, buildings and equipment, net of accumulated depreciation of $229,041 and $213,758 in 2014 and 2013, respectively 174,459 174,459 160,878
Operating Lease, Right-of-Use Asset 237,252 237,252 0
Intangible assets, net 293,493 293,493 316,016
Goodwill 1,746,071 1,746,071 1,722,603
Other assets 17,656 17,656 19,899
Total assets 5,047,411 5,047,411 4,605,036
Current Liabilities:      
Accounts payable 849,584 849,584 794,348
Accrued payroll and benefit costs 50,205 50,205 88,105
Short-term debt 25,561 25,561 30,785
Current portion of long-term debt 338 338 25,429
Total current liabilities 1,104,524 1,104,524 1,061,946
Long-term Debt, Excluding Current Maturities 1,346,333 1,346,333 1,167,311
Operating Lease, Liability, Noncurrent 182,044 182,044 0
Other noncurrent liabilities 79,968 79,968 102,086
Deferred Tax Liabilities, Net, Noncurrent 147,832 147,832 143,967
Total liabilities 2,860,701 2,860,701 2,475,310
Commitments and Contingencies
Bank Overdrafts 18,774 18,774 17,818
Stockholders' Equity:      
Preferred stock, $.01 par value; 20,000,000 shares authorized, no shares issued or outstanding 0 0 0
Additional capital 1,034,888 1,034,888 993,666
Retained earnings 2,477,259 2,477,259 2,307,462
Treasury stock, at cost; 18,247,467 and 18,179,275 shares in 2014 and 2013, respectively (937,135) (937,135) (758,018)
Accumulated other comprehensive income (382,530) (382,530) (408,435)
Total WESCO International stockholders' equity 2,186,710 2,186,710 2,129,726
Noncontrolling interest (6,408) (6,408) (5,584)
Total stockholders' equity 2,193,118 2,193,118 2,135,310
Total liabilities and stockholders' equity 5,047,411 5,047,411 4,605,036
Common Stock [Member]      
Stockholders' Equity:      
Common stock 593 593 592
Common Class B [Member]      
Stockholders' Equity:      
Common stock $ 43 $ 43 $ 43