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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 744,814 $ 655,128
Accounts receivable, less allowance for credit losses 428,702 374,906
Inventories 644,576 603,317
Prepaid expenses and other assets 39,515 36,382
Total current assets 1,857,607 1,669,733
Property and equipment, net 345,563 343,936
Customer lists, net 46,476 49,205
Patents and technology, net 80,250 86,727
Other intangible assets, net 9,182 9,932
Tradenames, net 145,074 146,159
Goodwill 849,294 855,228
Deferred income taxes 1,360 1,497
Operating lease and other assets 87,332 73,006
Total assets 3,422,138 3,235,423
Current liabilities:    
Short-term borrowings 26,534 39,282
Accounts payable 387,933 330,247
Accrued wages and employee benefits 46,736 63,036
Other accrued liabilities 245,009 204,812
Current portion of long-term borrowings and finance lease obligations 4,053 4,147
Total current liabilities 710,265 641,524
Long-term borrowings and finance lease obligations 841,516 841,764
Deferred income taxes 122,196 115,769
Operating lease and other long-term liabilities 160,338 179,955
Total liabilities 1,834,315 1,779,012
Redeemable noncontrolling interests 63,254 66,207
Stockholders’ equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 72,205,746 and 72,024,329 shares issued at March 31, 2021 and December 31, 2020, respectively 723 721
Additional paid-in capital 534,303 525,541
Treasury stock, at cost (358,362) (332,164)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 1,581,681 1,432,565
Accumulated other comprehensive loss (31,499) (34,254)
Stockholders’ equity attributable to Generac Holdings Inc. 1,524,730 1,390,293
Noncontrolling interests (161) (89)
Total stockholders' equity 1,524,569 1,390,204
Total liabilities and stockholders’ equity $ 3,422,138 $ 3,235,423