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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 91,675	$ 115,484
Accounts receivable, net	147,180	143,946
Inventories, net	219,505	258,825
Prepaid expenses and other	145,104	76,233
Total current assets	603,464	594,488
Property, plant, and equipment, net	321,619	339,247
Goodwill	196,645	188,441
Deferred income taxes	4,730	94,873
Intangible assets, net	66,077	74,445
Investment in unconsolidated entities	7,250	7,250
Other assets	150,029	112,785
Total assets	1,349,814	1,411,529
Current liabilities:
Current portion of long-term debt	0	0
Accounts payable	182,815	146,738
Other accrued liabilities	264,409	161,671
Total current liabilities	447,224	308,409
Long-term debt	422,672	397,142
Other non-current liabilities	59,894	516,152
Total liabilities	929,790	1,221,703
Commitments and contingencies
Noncontrolling interest	1,299	996
Wabash National Corporation stockholders’ equity:
Common stock 200,000,000 shares authorized, $0.01 par value, 40,516,637 and 42,882,308 shares outstanding, respectively	787	781
Additional paid-in capital	698,116	689,216
Retained earnings	356,964	105,633
Accumulated other comprehensive loss	(465)	(3,229)
Treasury stock at cost, 38,178,768 and 35,253,489 common shares, respectively	(636,677)	(603,571)
Total Wabash National Corporation stockholders' equity	418,725	188,830
Total liabilities, noncontrolling interest, and equity	$ 1,349,814	$ 1,411,529

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

WABASH NATIONAL Corp 10-Q