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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 162,579 $ 206,933
Accounts receivable, net 298,459 369,828
Inventories 165,799 182,377
Other current assets 123,092 171,124
Total current assets 749,929 930,262
Property, plant, and equipment, net 163,184 207,816
Deferred tax assets, net 181,472 76,142
Other long-term assets 42,178 51,656
Operating lease right-of-use assets, net 65,523 76,276
Intangible assets, net 92,529 132,955
Goodwill 1,098,975 1,131,916
Total assets 2,393,790 2,607,023
Current liabilities    
Accounts payable 193,129 215,639
Other current liabilities 81,253 72,591
Wages and benefits payable 113,532 86,249
Taxes payable 12,208 15,804
Current portion of debt 0 18,359
Current portion of warranty 18,406 28,329
Unearned revenue 82,816 112,928
Total current liabilities 501,344 549,899
Long-term debt, net 450,228 902,577
Long-term warranty 13,616 13,061
Pension benefit obligation 87,863 119,457
Deferred tax liabilities, net 2,000 1,921
Operating lease liabilities 57,314 66,823
Other long-term obligations 138,666 113,012
Total liabilities 1,251,031 1,766,750
Equity    
Preferred stock, no par value, 10,000 shares authorized, no shares issued or outstanding 0 0
Common stock, no par value, 75,000 shares authorized, 45,152 and 40,444 shares issued and outstanding 1,779,775 1,389,419
Accumulated other comprehensive loss, net (148,098) (138,526)
Accumulated deficit (515,600) (434,345)
Total Itron, Inc. shareholders' equity 1,116,077 816,548
Noncontrolling interests 26,682 23,725
Total equity 1,142,759 840,273
Total liabilities and equity $ 2,393,790 $ 2,607,023