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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 1,087 $ 1,693
Trade accounts receivable, net of allowance for doubtful accounts of $10,116 in 2016 and $9,364 in 2015 159,147 162,925
Inventories, net 98,397 103,819
Costs and estimated profits in excess of billings on uncompleted contracts 19,784 22,045
Prepaid expenses and other current assets 8,050 2,644
Federal income taxes recoverable 1,243 1,839
Deferred income taxes 9,815 8,996
Total current assets 297,523 303,961
Property and equipment, net 66,430 68,503
Goodwill 197,211 197,362
Other intangible assets, net of accumulated amortization of $93,910 in 2016 and $85,098 in 2015 104,441 112,297
Other long-term assets 1,676 1,857
Total assets 667,281 683,980
Current liabilities:    
Current maturities of long-term debt 112,091 50,829
Trade accounts payable 72,494 77,108
Accrued wages and benefits 18,924 20,864
Customer advances 1,675 1,076
Billings in excess of costs and estimated profits on uncompleted contracts 2,197 8,021
Other current liabilities 16,766 22,220
Total current liabilities 224,147 180,118
Long-term debt, less current maturities and unamortized debt issuance costs of $602 in 2016 and $2,046 in 2015 235,041 298,680
Non-current deferred income taxes 8,921 6,312
Commitments and contingencies (Note 15)
Shareholders' equity:    
Common stock, $0.01 par value, 100,000,000 shares authorized; 14,655,356 at June 30, 2016 and 14,655,356 at December 31, 2015 shares issued 146 146
Additional paid-in capital 104,516 110,306
Retained earnings 109,796 109,783
Accumulated other comprehensive loss (10,230) (10,616)
Treasury stock, at cost (142,900 shares in 2016 and 264,297 in 2015) (6,528) (12,577)
Total DXP Enterprises, Inc. equity 197,716 197,058
Noncontrolling interest 1,456 1,812
Total equity 199,172 198,870
Total liabilities and equity 667,281 683,980
Series A Preferred Stock [Member]    
Shareholders' equity:    
Preferred stock 1 1
Series B Convertible Preferred Stock [Member]    
Shareholders' equity:    
Preferred stock $ 15 $ 15