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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 403,870 $ 598,545
Marketable securities 99,720 77,940
Short-term investments 560,186 644,054
Accounts and notes receivable, net of allowance of $2,298 and $2,392 as of March 31, 2024 and December 31, 2023, respectively 476,764 417,690
Contract assets, net 266,172 275,779
Inventory 271,318 269,855
Prepaid expenses and other current assets 123,677 112,786
Total current assets 2,201,707 2,396,649
Property and equipment, net 209,166 200,533
Deferred tax assets, net 208,861 229,513
Intangible assets, net 89,419 19,539
Goodwill 308,470 57,945
Long-term notes receivable, net 2,397 2,588
Long-term contract assets, net 88,209 77,710
Strategic investments 295,497 231,730
Other long-term assets 212,470 220,638
Total assets 3,616,196 3,436,845
Current liabilities:    
Accounts payable 82,075 88,326
Accrued liabilities 127,415 188,230
Current portion of deferred revenue 516,404 491,691
Customer deposits 21,979 21,935
Other current liabilities 9,601 9,787
Total current liabilities 757,474 799,969
Deferred revenue, net of current portion 293,878 281,852
Liability for unrecognized tax benefits 18,610 18,049
Long-term deferred compensation 14,700 11,342
Long-term lease liabilities 32,546 33,550
Convertible notes, net 677,895 677,113
Other long-term liabilities 3,078 2,936
Total liabilities 1,798,181 1,824,811
Commitments and contingencies (Note 13)
Stockholders' equity:    
Preferred stock, $0.00001 par value; 25,000,000 shares authorized; no shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively
Common stock, $0.00001 par value; 200,000,000 shares authorized; 75,466,171 and 75,301,424 shares issued and outstanding as of March 31, 2024, 2023 and December 31, 2023, respectively 1 1
Additional paid-in capital 1,421,080 1,347,410
Treasury stock at cost, 20,220,227 shares as of March 31, 2024 and December 31, 2023 (155,947) (155,947)
Retained earnings 564,467 431,249
Accumulated other comprehensive loss (11,586) (10,679)
Total stockholders' equity 1,818,015 1,612,034
Total liabilities and stockholders' equity $ 3,616,196 $ 3,436,845