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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 300,606 $ 302,049
Accounts receivable, net 339,948 303,821
Inventories 287,220 283,686
Other current assets 169,323 159,882
Total current assets 1,097,097 1,049,438
Property, plant, and equipment, net 124,979 128,806
Deferred tax assets, net 249,694 247,211
Other long-term assets 42,397 38,836
Operating lease right-of-use assets, net 40,998 41,186
Intangible assets, net 57,123 46,282
Goodwill 1,064,275 1,052,504
Total assets 2,676,563 2,604,263
Current liabilities    
Accounts payable 223,575 199,520
Other current liabilities 59,621 54,407
Wages and benefits payable 94,318 135,803
Taxes payable 27,754 8,636
Current portion of warranty 15,812 14,663
Unearned revenue 157,237 124,207
Total current liabilities 578,317 537,236
Long-term debt, net 455,400 454,827
Long-term warranty 7,763 7,501
Pension benefit obligation 62,626 63,887
Deferred tax liabilities, net 678 697
Operating lease liabilities 31,702 32,656
Other long-term obligations 154,767 176,028
Total liabilities 1,291,253 1,272,832
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, 45,850 and 45,512 shares issued and outstanding 1,833,510 1,820,510
Accumulated other comprehensive loss, net (92,098) (81,190)
Accumulated deficit (376,688) (428,409)
Total Itron, Inc. shareholders' equity 1,364,724 1,310,911
Noncontrolling interests 20,586 20,520
Total equity 1,385,310 1,331,431
Total liabilities and equity $ 2,676,563 $ 2,604,263