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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 55,632 $ 69,670
Marketable investments 186,977 195,162
Accounts receivable, net of allowance for credit losses of $2,137 and $2,198 at March 31, 2021 and December 31, 2020, respectively 126,415 114,608
Inventories 245,321 219,527
Prepaid expenses and other current assets 20,782 18,735
Total current assets 635,127 617,702
Property and equipment, net 50,314 48,169
Operating lease right-of-use assets 40,691 41,192
Finance lease right-of-use assets 37,697 38,065
Intangible assets, net 10,097 10,639
Goodwill 8,006 8,372
Deferred taxes 48,978 50,139
Other non-current assets 9,914 8,705
Total assets 840,824 822,983
Current liabilities:    
Accounts payable 15,389 14,109
Accrued liabilities 90,214 85,795
Current operating lease liabilities 4,822 4,697
Current finance lease liabilities 1,437 1,331
Total current liabilities 111,862 105,932
Non-current operating lease liabilities 43,525 44,183
Non-current finance lease liabilities 27,000 27,066
Other non-current liabilities 7,966 8,014
Total liabilities 190,353 185,195
Commitments and contingencies
Stockholders’ equity:    
Common stock 36 36
Additional paid-in capital 603,022 598,299
Accumulated other comprehensive (loss) income (425) 2,541
Retained earnings 52,458 40,622
Total Penumbra, Inc. stockholders’ equity 655,091 641,498
Non-controlling interest (4,620) (3,710)
Total stockholders’ equity 650,471 637,788
Total liabilities and stockholders’ equity $ 840,824 $ 822,983