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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 302,049 $ 202,007
Accounts receivable, net 303,821 280,435
Inventories 283,686 228,701
Other current assets 159,882 118,441
Total current assets 1,049,438 829,584
Property, plant, and equipment, net 128,806 140,123
Deferred tax assets, net 247,211 211,982
Other long-term assets 38,836 39,901
Operating lease right-of-use assets, net 41,186 52,826
Intangible assets, net 46,282 64,941
Goodwill 1,052,504 1,038,721
Total assets 2,604,263 2,378,078
Current liabilities    
Accounts payable 199,520 237,178
Other current liabilities 54,407 42,869
Wages and benefits payable 135,803 89,431
Taxes payable 8,636 15,324
Current portion of warranty 14,663 18,203
Unearned revenue 124,207 95,567
Total current liabilities 537,236 498,572
Long-term debt, net 454,827 452,526
Long-term warranty 7,501 7,495
Pension benefit obligation 63,887 57,839
Deferred tax liabilities, net 697 833
Operating lease liabilities 32,656 44,370
Other long-term obligations 176,028 124,887
Total liabilities 1,272,832 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, 45,512 and 45,186 shares issued and outstanding 1,820,510 1,788,479
Accumulated other comprehensive loss, net (81,190) (94,674)
Accumulated deficit (428,409) (525,332)
Total Itron, Inc. shareholders' equity 1,310,911 1,168,473
Noncontrolling interests 20,520 23,083
Total equity 1,331,431 1,191,556
Total liabilities and equity $ 2,604,263 $ 2,378,078