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CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Cash and cash equivalents | $ 267,072 | $ 380,564
Accounts receivable | 1,087,369 | 1,054,014
Retention receivable | 546,668 | 580,926
Costs and estimated earnings in excess of billings | 1,160,710 | 1,143,846
Other current assets | 187,822 | 217,601
Accumulated depreciation | 548,937 | 534,171
Property and equipment, net | 434,371 | 441,291
Accounts payable | 622,776 | 466,545
Retention payable | 223,962 | 223,138
Billings in excess of costs and estimated earnings | 987,447 | 1,103,530
Accrued expenses and other current liabilities | 207,877 | 214,309
Unamortized discount and debt issuance costs, non-current | $ 31,387 | $ 11,000
Preferred stock, shares authorized (in shares) | 1,000,000 | 1,000,000
Preferred stock, par value (in dollars per share) | $ 1 | $ 1
Preferred stock, shares issued (in shares) | 0 | 0
Common stock, shares authorized (in shares) | 112,500,000 | 112,500,000
Common stock, par value (in dollars per share) | $ 1 | $ 1
Common stock, shares issued (in shares) | 52,389,430 | 52,025,497
Common stock, shares outstanding (in shares) | 52,389,430 | 52,025,497
VIEs |  |
Cash and cash equivalents | $ 156,912 | $ 173,118
Accounts receivable | 60,049 | 84,014
Retention receivable | 157,536 | 161,187
Costs and estimated earnings in excess of billings | 87,833 | 58,089
Other current assets | 18,918 | 26,725
Property and equipment, net | 29,449 | 35,135
Accounts payable | 28,980 | 24,160
Retention payable | 18,444 | 22,841
Billings in excess of costs and estimated earnings | 394,866 | 439,759
Accrued expenses and other current liabilities | $ 10,620 | $ 18,206

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