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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 32,074 $ 56,464
Accounts receivable, less allowance for doubtful accounts of $4,288 and $5,158, respectively 318,837 302,052
Other receivables 20,363 20,642
Inventories 9,208 7,941
Prepaid expenses and other 6,106 5,836
Costs and estimated earnings in excess of billings 29,369 31,338
Total current assets 415,957 424,273
PROPERTY AND EQUIPMENT, NET 68,195 60,813
GOODWILL 149,208 143,874
IDENTIFIABLE INTANGIBLE ASSETS, NET 42,435 41,079
DEFERRED INCOME TAX ASSETS 27,170 16,276
OTHER NONCURRENT ASSETS 5,938 5,279
Total assets 708,903 691,594
CURRENT LIABILITIES:    
Current maturities of long-term debt 600 500
Current maturities of long-term capital lease obligations 163 251
Accounts payable 103,440 106,684
Accrued compensation and benefits 61,712 54,079
Billings in excess of costs and estimated earnings 83,985 85,397
Accrued self-insurance 33,520 29,803
Other current liabilities 34,261 28,677
Total current liabilities 317,681 305,391
LONG-TERM DEBT 1,955 10,500
LONG-TERM CAPITAL LEASE OBLIGATIONS 93 256
DEFERRED INCOME TAX LIABILITIES 2,289 1,810
OTHER LONG-TERM LIABILITIES 10,252 8,632
Total liabilities 332,270 326,589
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Preferred stock, $.01 par, 5,000,000 shares authorized, none issued and outstanding
Common stock, $.01 par, 102,969,912 shares authorized, 41,123,365 and 41,123,365 shares issued, respectively 411 411
Treasury stock, at cost, 3,914,251 and 3,696,781 shares, respectively (57,387) (46,845)
Additional paid-in capital 309,625 323,765
Retained earnings 123,984 69,390
Comfort Systems USA, Inc. stockholders' equity 376,633 346,721
Noncontrolling interests   18,284
Total stockholders' equity 376,633 365,005
Total liabilities and stockholders' equity $ 708,903 $ 691,594