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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 500,315 $ 480,626
Accounts receivable, net 63,461 80,545
Inventory 23,335 26,096
Prepaid expenses and other current assets 50,781 57,076
Income tax receivable 56,631 27,705
Investments 380,978 400,156
Total current assets 1,075,501 1,072,204
Leasehold improvements, property and equipment, net 1,465,666 1,458,690
Restricted cash 27,956 27,855
Operating lease assets 2,591,416 2,505,466
Other assets 24,010 18,450
Goodwill 21,939 21,939
Total assets 5,206,488 5,104,604
Current liabilities:    
Accounts payable 130,423 115,816
Accrued payroll and benefits 132,273 126,600
Accrued liabilities 147,242 155,843
Unearned revenue 77,499 95,195
Current operating lease liabilities 178,358 173,139
Total current liabilities 665,795 666,593
Commitments and contingencies (Note 10)
Long-term operating lease liabilities 2,764,778 2,678,374
Deferred income tax liabilities 64,851 37,814
Other liabilities 39,044 38,797
Total liabilities 3,534,468 3,421,578
Shareholders' equity:    
Preferred stock, $0.01 par value, 600,000 shares authorized, no shares issued as of March 31, 2020 and December 31, 2019, respectively 0 0
Common stock, $0.01 par value, 230,000 shares authorized, 36,517 and 36,323 shares issued as of March 31, 2020 and December 31, 2019, respectively 365 363
Additional paid-in capital 1,483,224 1,465,697
Treasury stock, at cost, 8,702 and 8,568 common shares as of March 31, 2020 and December 31, 2019, respectively (2,801,150) (2,699,119)
Accumulated other comprehensive loss (7,204) (5,363)
Retained earnings 2,996,785 2,921,448
Total shareholders' equity 1,672,020 1,683,026
Total liabilities and shareholders' equity $ 5,206,488 $ 5,104,604