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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 396,734 $ 322,883
Accounts receivable, less allowance for credit losses 322,937 319,538
Inventories 544,372 522,024
Prepaid expenses and other assets 33,063 31,384
Total current assets 1,297,106 1,195,829
Property and equipment, net 317,822 316,976
Customer lists, net 47,162 55,552
Patents and technology, net 76,824 85,546
Other intangible assets, net 6,905 8,259
Tradenames, net 145,740 148,377
Goodwill 796,169 805,284
Deferred income taxes 2,129 2,933
Operating lease and other assets 77,768 46,913
Total assets 2,767,625 2,665,669
Current liabilities:    
Short-term borrowings 52,343 58,714
Accounts payable 230,229 261,977
Accrued wages and employee benefits 36,937 41,361
Other accrued liabilities 164,179 132,629
Current portion of long-term borrowings and finance lease obligations 3,032 2,383
Total current liabilities 486,720 497,064
Long-term borrowings and finance lease obligations 841,116 837,767
Deferred income taxes 96,539 96,328
Operating lease and other long-term liabilities 184,956 140,432
Total liabilities 1,609,331 1,571,591
Redeemable noncontrolling interests 61,019 61,227
Stockholders’ equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 71,960,067 and 71,667,726 shares issued at June 30, 2020 and December 31, 2019, respectively 720 717
Additional paid-in capital 512,318 498,866
Treasury stock, at cost (331,415) (324,551)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 1,190,749 1,084,383
Accumulated other comprehensive loss (72,526) (24,917)
Stockholders’ equity attributable to Generac Holdings Inc. 1,097,730 1,032,382
Noncontrolling interests (455) 469
Total stockholders' equity 1,097,275 1,032,851
Total liabilities and stockholders’ equity $ 2,767,625 $ 2,665,669