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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 2,479 $ 1,590
Trade accounts receivable, net of allowance for doubtful accounts of $8,966 in 2017 and $8,160 in 2016 160,370 148,919
Inventories, net 90,697 83,699
Costs and estimated profits in excess of billings on uncompleted contracts 19,218 18,421
Prepaid expenses and other current assets 3,875 2,138
Income taxes recoverable 3,198 2,558
Total current assets 279,837 257,325
Property and equipment, net 56,610 60,807
Goodwill 187,591 187,591
Other intangible assets, net of accumulated amortization of $76,443 in 2017 and $70,027 in 2016 86,707 94,831
Other long-term assets 1,734 1,498
Total assets 612,479 602,052
Current liabilities:    
Current maturities of long-term debt, less unamortized debt issuance costs of $744 in 2017 217,974 51,354
Trade accounts payable 88,953 78,698
Accrued wages and benefits 16,148 16,962
Customer advances 2,348 2,441
Billings in excess of costs and estimated profits on uncompleted contracts 2,719 2,813
Other current liabilities 12,460 14,391
Total current liabilities 340,602 166,659
Long-term debt, less current maturities and unamortized debt issuance costs of $992 in 2016 2,284 173,331
Deferred income taxes 11,765 9,513
Commitments and contingencies (Note 13)
Equity:    
Common stock, $0.01 par value, 100,000,000 shares authorized; 17,401,724 at June 30, 2017 and 17,197,380 at December 31, 2016 shares issued 174 172
Additional paid-in capital 152,727 152,313
Retained earnings 124,617 117,396
Accumulated other comprehensive loss (20,139) (18,274)
Total DXP Enterprises, Inc. equity 257,395 251,623
Noncontrolling interest 433 926
Total equity 257,828 252,549
Total liabilities and equity 612,479 602,052
Series A Preferred Stock [Member]    
Equity:    
Preferred stock 1 1
Series B Convertible Preferred Stock [Member]    
Equity:    
Preferred stock $ 15 $ 15