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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 192,768 $ 132,723
Accounts receivable, less allowance for credit losses of $29,610 and $27,664 at June 30, 2023 and December 31, 2022, respectively 540,332 522,458
Inventories 1,436,619 1,405,384
Prepaid expenses and other current assets 103,334 121,783
Total current assets 2,273,053 2,182,348
Property and equipment, net 505,026 467,604
Customer lists, net 200,478 206,987
Patents and technology, net 438,148 454,757
Other intangible assets, net 34,515 41,719
Tradenames, net 223,229 227,251
Goodwill 1,430,283 1,400,880
Deferred income taxes 13,953 12,746
Operating lease and other non-current assets 203,286 175,170
Total assets 5,321,971 5,169,462
Current liabilities:    
Short-term borrowings 77,889 48,990
Accounts payable 454,727 446,050
Accrued wages and employee benefits 53,417 45,741
Accrued product warranty 74,025 89,141
Other accrued liabilities 254,700 349,389
Current portion of long-term borrowings and finance lease obligations 22,069 12,733
Total current liabilities 936,827 992,044
Long-term borrowings and finance lease obligations 1,523,310 1,369,085
Deferred income taxes 114,990 125,691
Operating lease and other long-term liabilities 319,400 312,916
Total liabilities 2,894,527 2,799,736
Redeemable noncontrolling interests 5,688 110,471
Stockholders' equity:    
Common stock, par value $0.01, 500,000,000 shares authorized, 73,097,016 and 72,701,257 shares issued at June 30, 2023 and December 31, 2022, respectively 732 728
Additional paid-in capital 1,053,759 1,016,138
Treasury stock, at cost, 10,858,348 and 11,284,350 shares at June 30, 2023 and December 31, 2022, respectively (779,892) (808,491)
Excess purchase price over predecessor basis (202,116) (202,116)
Retained earnings 2,363,015 2,316,224
Accumulated other comprehensive loss (16,216) (65,102)
Stockholders' equity attributable to Generac Holdings Inc. 2,419,282 2,257,381
Noncontrolling interests 2,474 1,874
Total stockholders' equity 2,421,756 2,259,255
Total liabilities and stockholders' equity $ 5,321,971 $ 5,169,462