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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 1,100,416 $ 1,211,463
Accounts receivable, less allowance of $5,709 and $6,469 as of December 31, 2018 and December 31, 2017, respectively 89,192 60,900
Prepaid expenses and other current assets 23,690 15,572
Total current assets 1,213,298 1,287,935
Long-term investments 10,070 10,070
Deferred income taxes, net 7,469 5,431
Property and equipment, net 83,303 84,496
Goodwill 1,611,535 1,283,457
Intangible assets, net 288,911 182,892
Deferred commission costs, net 76,031 0
Deposits and other assets 7,432 6,179
Income tax receivable 14,908 12,981
Total assets 3,312,957 2,873,441
Current liabilities:    
Accounts payable 6,327 9,262
Accrued wages and commissions 45,588 54,104
Accrued expenses 29,821 22,193
Deferred gain on the sale of building 2,523 2,523
Income taxes payable 14,288 8,166
Deferred rent 4,153 4,732
Deferred revenue 51,459 45,686
Total current liabilities 154,159 146,666
Deferred gain on the sale of building 13,669 16,192
Deferred rent 31,944 33,909
Deferred income taxes, net 69,857 12,070
Income taxes payable 17,386 13,354
Other long-term liabilities 4,000 0
Total liabilities 291,015 222,191
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.01 par value; 2,000 shares authorized; none outstanding 0 0
Common stock, $0.01 par value; 60,000 shares authorized; 36,446 and 36,107 issued and outstanding as of December 31, 2018 and 2017, respectively 364 361
Additional paid-in capital 2,419,812 2,339,253
Accumulated other comprehensive loss (11,688) (9,020)
Retained earnings 613,454 320,656
Total stockholders’ equity 3,021,942 2,651,250
Total liabilities and stockholders’ equity $ 3,312,957 $ 2,873,441