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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 513,944 $ 322,883
Accounts receivable, less allowance for credit losses 398,240 319,538
Inventories 532,952 522,024
Prepaid expenses and other assets 35,200 31,384
Total current assets 1,480,336 1,195,829
Property and equipment, net 321,360 316,976
Customer lists, net 47,702 55,552
Patents and technology, net 73,260 85,546
Other intangible assets, net 9,216 8,259
Tradenames, net 145,977 148,377
Goodwill 815,624 805,284
Deferred income taxes 3,596 2,933
Operating lease and other assets 77,004 46,913
Total assets 2,974,075 2,665,669
Current liabilities:    
Short-term borrowings 44,800 58,714
Accounts payable 272,745 261,977
Accrued wages and employee benefits 52,915 41,361
Other accrued liabilities 182,377 132,629
Current portion of long-term borrowings and finance lease obligations 3,421 2,383
Total current liabilities 556,258 497,064
Long-term borrowings and finance lease obligations 841,341 837,767
Deferred income taxes 105,520 96,328
Operating lease and other long-term liabilities 177,515 140,432
Total liabilities 1,680,634 1,571,591
Redeemable noncontrolling interests 63,545 61,227
Stockholders’ equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 72,011,902 and 71,667,726 shares issued at September 30, 2020 and December 31, 2019, respectively 720 717
Additional paid-in capital 518,610 498,866
Treasury stock, at cost (331,513) (324,551)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 1,306,530 1,084,383
Accumulated other comprehensive loss (62,039) (24,917)
Stockholders’ equity attributable to Generac Holdings Inc. 1,230,192 1,032,382
Noncontrolling interests (296) 469
Total stockholders' equity 1,229,896 1,032,851
Total liabilities and stockholders’ equity $ 2,974,075 $ 2,665,669