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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 456,727 $ 109,924
Restricted cash 1,089 862
Short-term investments 108,919 466,186
Accounts receivable, net 163,516 171,359
Prepaid expenses and other current assets 23,195 30,068
Total current assets 753,446 778,399
Property and equipment, net 50,154 51,919
Right-of-use assets 85,538 0
Deposits and other assets 8,024 8,134
Deferred tax assets, net 19,409 17,316
Total assets 916,571 855,768
Current liabilities:    
Accounts payable, accrued expenses, and operating lease liabilities 33,919 33,684
Accrued compensation and employee benefits 48,792 48,045
Deferred revenue and advance payments 187,107 176,540
Total current liabilities 269,818 258,269
Deferred revenue and advance payments 4,344 6,469
Operating lease liabilities 103,424 0
Other long-term liabilities 30,400 61,262
Deferred tax liabilities 26 37
Total liabilities 408,012 326,037
Commitments and Contingencies
Stockholders’ Equity    
Preferred stock undesignated, $0.001 par value; 5,000 shares authorized; no shares issued or outstanding 0 0
Additional paid-in capital 593,583 576,957
Treasury stock, at cost; 7,807 shares and 7,285 shares, respectively (658,880) (586,161)
Accumulated other comprehensive loss (9,651) (10,217)
Retained earnings 583,489 549,134
Total stockholders’ equity 508,559 529,731
Total liabilities and stockholders’ equity 916,571 855,768
Class A    
Stockholders’ Equity    
Common stock 16 16
Total stockholders’ equity 16 16
Class B Convertible    
Stockholders’ Equity    
Common stock 2 2
Total stockholders’ equity $ 2 $ 2