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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 1,590 $ 1,693
Trade accounts receivable, net of allowances for doubtful accounts of $8,160 in 2016 and $9,364 in 2015 148,919 162,925
Inventories 83,699 103,819
Costs and estimated profits in excess of billings on uncompleted contracts 18,421 22,045
Prepaid expenses and other current assets 2,138 2,644
Federal income taxes recoverable 2,558 1,839
Deferred income taxes 9,473 8,996
Total current assets 266,798 303,961
Property and equipment, net 60,807 68,503
Goodwill 187,591 197,362
Other intangible assets, net of accumulated amortization of $70,027 in 2016 and $85,098 in 2015 94,831 112,297
Other long-term assets 1,498 1,857
Total assets 611,525 683,980
Current liabilities:    
Current maturities of long-term debt 51,354 50,829
Trade accounts payable 78,698 77,108
Accrued wages and benefits 16,962 20,864
Customer advances 2,441 1,076
Billings in excess of costs and estimated profits on uncompleted contracts 2,813 8,021
Other current liabilities 14,391 22,220
Total current liabilities 166,659 180,118
Long-term debt, less current maturities 174,323 300,726
Less unamortized debt issuance costs (992) (2,046)
Long-term debt less unamortized debt issuance costs 173,331 298,680
Non-current deferred income taxes 18,986 6,312
Commitments and contingencies (Note 14)
Shareholders' equity:    
Common stock, $0.01 par value, 100,000,000 shares authorized; 17,197,380 in 2016 and 14,655,356 in 2015 shares issued 172 146
Additional paid-in capital 152,313 110,306
Retained earnings 117,396 109,783
Accumulated other comprehensive loss (18,274) (10,616)
Treasury stock, at cost (zero shares at December 31, 2016 and 264,297 shares at December 31, 2015) 0 (12,577)
Total DXP Enterprises, Inc. shareholders' equity 251,623 197,058
Noncontrolling interest 926 1,812
Total shareholders' equity 252,549 198,870
Total liabilities and shareholders' equity 611,525 683,980
Series A Preferred Stock [Member]    
Shareholders' equity:    
Preferred stock 1 1
Total shareholders' equity 1 1
Series B Convertible Preferred Stock [Member]    
Shareholders' equity:    
Preferred stock $ 15 $ 15