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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
[1]
Current assets:    
Cash and cash equivalents $ 1,250,108 $ 942,842
Short-term investments 227,731 194,864
Accounts receivable, net 790,266 660,535
Inventory 1,382,173 1,232,653
Other current assets 204,265 201,533
Total current assets 3,854,543 3,232,427
Noncurrent assets:    
Long-term investments 512,937 521,238
Property, plant and equipment, net 1,038,187 1,043,041
Intangible assets, net 233,112 255,278
Goodwill 196,199 196,199
Deferred tax assets 1,509,109 1,489,366
Other assets 270,781 251,391
Total assets 7,614,868 6,988,940
Current liabilities:    
Accounts payable and accrued liabilities 798,438 606,988
Total current liabilities 798,438 606,988
Noncurrent liabilities:    
Long-term convertible debt, net 596,663 595,138
Other long-term liabilities 163,056 128,824
Total liabilities 1,558,157 1,330,950
Stockholders’ equity:    
Common stock, $0.001 par value: 500,000,000 shares authorized; 192,098,751 and 190,761,349 shares issued and outstanding, respectively 192 191
Additional paid-in capital 5,900,968 5,802,068
Company common stock held by the Nonqualified Deferred Compensation Plan (11,291) (11,227)
Accumulated other comprehensive income (loss) (33,937) 61,653
Retained earnings (accumulated deficit) 200,779 (194,695)
Total stockholders’ equity 6,056,711 5,657,990 [2]
Total liabilities and stockholders’ equity $ 7,614,868 $ 6,988,940
[1]
(1)December 31, 2024 balances were derived from the audited Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 24, 2025.
[2] The beginning balances for the nine-month periods were derived from the audited Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on February 24, 2025.