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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2019
Feb. 28, 2019
Current assets:    
Cash, cash equivalents and restricted cash $ 2,295,396 $ 1,883,096
Investments in debt securities, short-term 177,625 293,361
Accounts receivable, net of allowances for doubtful accounts of $4,452 and $4,561, respectively 529,115 980,188
Prepaid expenses 250,571 282,507
Other current assets 36,743 24,504
Total current assets 3,289,450 3,463,656
Property and equipment, net of accumulated depreciation and amortization of $331,642 and $316,432, respectively 200,015 198,969
Operating right-of-use assets, net [1] 224,371 0
Goodwill 1,273,494 1,276,853
Identifiable intangibles, net 198,914 206,083
Investments in debt securities, long-term 188,172 248,512
Deferred tax assets, net 119,128 112,568
Other assets, net 80,395 81,648
Total assets 5,573,939 5,588,289
Current liabilities:    
Accounts payable and accrued expenses 458,456 491,259
Deferred revenue, short-term 2,016,488 2,161,206
Other current obligations 256 282
Convertible notes 188,553 69,827
Total current liabilities 2,663,753 2,722,574
Deferred revenue, long-term 781,043 821,218
Convertible notes 0 231,540
Operating lease liabilities [1] 188,133 0
Other long-term obligations 183,074 199,025
Commitments and contingencies (NOTES 10 and 11)
Stockholders’ equity:    
Preferred stock, $0.0001 per share par value, 5,000,000 shares authorized, none outstanding 0 0
Common stock, $0.0001 per share par value, 300,000,000 shares authorized, 246,289,980 and 244,402,737 shares issued, and 178,083,153 and 176,800,502 shares outstanding, respectively 25 24
Additional paid-in capital 2,853,105 2,791,895
Retained earnings 2,195,189 2,054,069
Treasury stock, at cost, 68,206,827 and 67,602,235 shares, respectively (3,242,725) (3,189,434)
Accumulated other comprehensive loss (47,658) (42,622)
Total stockholders’ equity 1,757,936 1,613,932
Total liabilities and stockholders’ equity $ 5,573,939 $ 5,588,289
[1]
Effective March 1, 2019, the Company adopted Accounting Standard Update 2016-02, Leases (Topic 842) (“ASC 842”). See NOTE 2—Summary of Significant Accounting Policies and NOTE 4—Leases for detailed information on adoption of ASC 842.