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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 138,472 $ 67,272
Accounts receivable, less allowance for doubtful accounts of $4,805 and $5,642 at December 31, 2017 and 2016, respectively 280,002 241,857
Inventories 380,341 349,731
Prepaid expenses and other assets 19,741 24,649
Total current assets 818,556 683,509
Property and equipment, net 230,380 212,793
Customer lists, net 41,064 45,312
Patents, net 39,617 48,061
Other intangible assets, net 2,401 2,925
Tradenames, net 152,683 158,874
Goodwill 721,523 704,640
Deferred income taxes 3,238 3,337
Other assets 10,502 2,233
Total assets 2,019,964 1,861,684
Current liabilities:    
Short-term borrowings 20,602 31,198
Accounts payable 233,639 181,519
Accrued wages and employee benefits 27,992 21,189
Other accrued liabilities 105,067 93,068
Current portion of long-term borrowings and capital lease obligations 1,572 14,965
Total current liabilities 388,872 341,939
Long-term borrowings and capital lease obligations 906,548 1,006,758
Deferred income taxes 43,789 17,278
Other long-term liabilities 76,995 61,459
Total liabilities 1,416,204 1,427,434
Redeemable noncontrolling interest 43,929 33,138
Stockholders’ equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 70,820,173 and 70,261,481 shares issued at December 31, 2017 and 2016, respectively 708 702
Additional paid-in capital 459,816 449,049
Treasury stock, at cost, 8,448,874 and 7,564,874 shares at December 31, 2017 and 2016, respectively (294,005) (262,402)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 616,347 456,052
Accumulated other comprehensive loss (21,198) (40,163)
Stockholders' equity attributable to Generac Holdings, Inc. 559,552 401,122
Noncontrolling interests 279 (10)
Total stockholders’ equity 559,831 401,112
Total liabilities and stockholders’ equity $ 2,019,964 $ 1,861,684