Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 80,115	$ 72,779
Marketable investments	188,611	116,610
Accounts receivable, net of allowance for credit losses of $2,133 and net of doubtful accounts of $2,946 at September 30, 2020 and December 31, 2019, respectively	112,817	105,901
Inventories	191,547	152,992
Prepaid expenses and other current assets	17,109	14,852
Total current assets	590,199	463,134
Property and equipment, net	64,906	51,812
Operating lease right-of-use assets	41,778	43,717
Finance lease right-of-use assets	38,798	39,924
Intangible assets, net	10,640	25,407
Goodwill	8,004	7,656
Deferred taxes	47,910	31,305
Other non-current assets	8,068	2,946
Total assets	810,303	665,901
Current liabilities:
Accounts payable	14,544	15,111
Accrued liabilities	87,691	67,630
Current operating lease liabilities	4,484	4,142
Current finance lease liabilities	1,336	4,165
Total current liabilities	108,055	91,048
Non-current operating lease liabilities	44,998	47,242
Non-current finance lease liabilities	27,391	26,748
Other non-current liabilities	10,147	15,250
Total liabilities	190,591	180,288
Commitments and contingencies
Stockholders’ equity:
Common stock	36	35
Additional paid-in capital	585,295	430,659
Accumulated other comprehensive income (loss)	101	(2,324)
Retained earnings	36,974	57,522
Total Penumbra, Inc. stockholders’ equity	622,406	485,892
Non-controlling interest	(2,694)	(279)
Total stockholders’ equity	619,712	485,613
Total liabilities and stockholders’ equity	$ 810,303	$ 665,901