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Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($) $ in Thousands | Sep. 30, 2019 | Dec. 31, 2018
--- | --- | ---
Cash and cash equivalents | $ 133,870 | $ 280,221
Accounts receivable, net | 673,674 | 623,286
Contract assets | 583,670 | 515,319
Prepaid expenses and other current assets | 70,455 | 69,007
Property and equipment, net | 109,238 | 91,849
Accounts payable | 226,563 | 226,345
Accrued expenses and other current liabilities | 639,650 | 559,700
Contract liabilities | $ 231,032 | $ 208,576
Temporary equity, par value | $ 1 | $ 1
Temporary equity, shares outstanding | 78,138,602 | 78,172,809
Common stock, par value | $ 1 | $ 1
Common stock, authorized | 1,000,000,000 | 1,000,000,000
Common stock, issued | 146,393,959 | 125,097,684
Common stock, outstanding | 21,296,275 | 0
Treasury stock, shares | 46,959,082 | 46,918,140
Consolidated Joint Ventures |  |
Cash and cash equivalents | $ 55,054 | $ 73,794
Accounts receivable, net | 164,460 | 180,325
Contract assets | 26,542 | 21,270
Prepaid expenses and other current assets | 8,149 | 11,837
Property and equipment, net | 3,171 | 2,561
Accounts payable | 90,692 | 87,914
Accrued expenses and other current liabilities | 63,880 | 73,209
Contract liabilities | $ 43,324 | $ 38,706

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