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CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands | Mar. 31, 2019 | Dec. 31, 2018
--- | --- | ---
Cash and cash equivalents | $ 101,482 |  | $ 116,075 |
Accounts receivable | 1,347,881 |  | 1,261,072 |
Retainage receivable | 490,132 |  | 478,744 |
Other current assets | 124,303 |  | 115,527 |
Accumulated depreciation | 355,939 |  | 343,735 |
PROPERTY AND EQUIPMENT, net of accumulated depreciation | 492,929 |  | 490,669 |
Accounts payable | 597,498 |  | 621,728 |
Accrued expenses and other current liabilities | 173,827 | [1] | 174,325 | [2]
Billings in excess of costs and estimated earnings | $ 579,000 |  | $ 573,190 |
Preferred stock, shares authorized | 1,000,000 |  | 1,000,000 |
Preferred stock, par value (in dollars per share) | $ 1 |  | $ 1 |
Preferred stock, shares issued | 0 |  | 0 |
Common stock, shares authorized | 75,000,000 |  | 75,000,000 |
Common stock, par value (in dollars per share) | $ 1 |  | $ 1 |
Common stock, shares issued | 50,180,225 |  | 50,025,996 |
Common stock, shares outstanding | 50,180,225 |  | 50,025,996 |
Variable Interest Entity, Primary Beneficiary [Member] |  |  |  |
Cash and cash equivalents | $ 38,485 |  | $ 43,131 |
Accounts receivable | 54,791 |  | 62,482 |
Retainage receivable | 45,618 |  | 36,724 |
Other current assets | 33,666 |  | 30,185 |
PROPERTY AND EQUIPMENT, net of accumulated depreciation | 51,128 |  | 51,508 |
Accounts payable | 29,210 |  | 18,070 |
Accrued expenses and other current liabilities | 35,851 |  | 34,828 |
Billings in excess of costs and estimated earnings | 244,617 |  | 263,764 |
Unamortized discounts and debt issuance costs | $ 32,185 |  | $ 34,998 |
[1] | Prior to the adoption of ASC 842, operating lease ROU assets and current and long-term operating lease liabilities were not recorded on the Condensed Consolidated Balance Sheets.
[2] | Balance as previously reported on the Company's Annual Report on Form 10-K for the year ended December 31, 2018.

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