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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 216,038 $ 224,482
Accounts receivable, less allowance for doubtful accounts 373,591 326,133
Inventories 517,232 544,750
Prepaid expenses and other assets 30,570 25,404
Total current assets 1,137,431 1,120,769
Property and equipment, net 303,288 278,929
Customer lists, net 55,649 61,194
Patents, net 75,781 29,970
Other intangible assets, net 11,809 3,043
Tradenames, net 149,155 152,283
Goodwill 811,914 764,655
Deferred income taxes 3,217 163
Operating lease and other assets 45,877 15,308
Total assets 2,594,121 2,426,314
Current liabilities:    
Short-term borrowings 66,985 45,583
Accounts payable 241,290 328,091
Accrued wages and employee benefits 37,401 40,819
Other accrued liabilities 127,786 144,236
Current portion of long-term borrowings and finance lease obligations 2,554 1,977
Total current liabilities 476,016 560,706
Long-term borrowings and finance lease obligations 884,315 876,396
Deferred income taxes 92,520 71,300
Operating lease and other long-term liabilities 145,491 95,647
Total liabilities 1,598,342 1,604,049
Redeemable noncontrolling interests 56,564 61,004
Stockholders’ equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 71,640,792 and 71,186,418 shares issued at September 30, 2019 and December 31, 2018, respectively 716 712
Additional paid-in capital 492,671 476,116
Treasury stock, at cost (324,351) (321,473)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 1,013,707 831,123
Accumulated other comprehensive loss (46,363) (23,813)
Stockholders' equity attributable to Generac Holdings, Inc. 934,264 760,549
Noncontrolling interests 4,951 712
Total stockholders' equity 939,215 761,261
Total liabilities and stockholders’ equity $ 2,594,121 $ 2,426,314