XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 196,013 $ 202,007
Accounts receivable, net 305,275 280,435
Inventories 265,122 228,701
Other current assets 135,646 118,441
Total current assets 902,056 829,584
Property, plant, and equipment, net 136,397 140,123
Deferred tax assets, net 215,745 211,982
Other long-term assets 37,857 39,901
Operating lease right-of-use assets, net 49,147 52,826
Intangible assets, net 60,052 64,941
Goodwill 1,044,661 1,038,721
Total assets 2,445,915 2,378,078
Current liabilities    
Accounts payable 244,820 237,178
Other current liabilities 44,096 42,869
Wages and benefits payable 77,165 89,431
Taxes payable 21,481 15,324
Current portion of warranty 17,829 18,203
Unearned revenue 131,164 95,567
Total current liabilities 536,555 498,572
Long-term debt, net 453,094 452,526
Long-term warranty 7,002 7,495
Pension benefit obligation 59,127 57,839
Deferred tax liabilities, net 849 833
Operating lease liabilities 40,294 44,370
Other long-term obligations 154,851 124,887
Total liabilities 1,251,772 1,186,522
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, 45,405 and 45,186 shares issued and outstanding 1,796,005 1,788,479
Accumulated other comprehensive loss, net (87,555) (94,674)
Accumulated deficit (537,168) (525,332)
Total Itron, Inc. shareholders' equity 1,171,282 1,168,473
Noncontrolling interests 22,861 23,083
Total equity 1,194,143 1,191,556
Total liabilities and equity $ 2,445,915 $ 2,378,078