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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 127,361 $ 117,353
Restricted cash 91 91
Accounts Receivable, net of allowance of $8,441 and $8,929 168,003 163,429
Inventories 103,407 97,071
Costs and estimated profits in excess of billings 14,415 18,459
Prepaid expenses and other current assets 7,534 4,548
Federal income taxes receivable 5,773 5,632
Total current assets 426,584 406,583
Property and equipment, net 54,110 56,899
Goodwill 248,499 248,339
Other intangible assets, net 76,008 80,088
Operating lease ROU assets 59,949 55,188
Other long-term assets 4,332 4,764
Total assets 869,482 851,861
Current liabilities:    
Current maturities of long-term debt 3,300 3,300
Trade accounts payable 81,595 75,744
Accrued wages and benefits 19,179 20,621
Customer advances 3,967 3,688
Billings in excess of costs and estimated profits 5,950 4,061
Short-term operating lease liabilities 17,590 15,891
Other current liabilities 21,775 20,834
Total current liabilities 153,356 144,139
Long-term debt, net of unamortized debt issuance costs 316,741 317,139
Long-term operating lease liabilities 41,267 38,010
Other long-term liabilities 2,930 2,930
Deferred income taxes 2,248 1,777
Total long-term liabilities 363,186 359,856
Total liabilities 516,542 503,995
Commitments and contingencies (Note 10)
Shareholders' Equity:    
Series A and B preferred stock, $1.00 par value each; 1,000,000 shares authorized each 16 16
Common stock, $0.01 par value, 100,000,000 shares authorized; 19,200,923 and 19,208,067 outstanding 189 189
Additional paid-in capital 191,931 192,068
Retained earnings 176,954 176,637
Accumulated other comprehensive loss (16,736) (21,842)
Total DXP Enterprises, Inc. Equity 352,354 347,068
Noncontrolling interest 586 798
Total Equity 352,940 347,866
Total liabilities and Equity $ 869,482 $ 851,861