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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Jun. 30, 2019
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income $ 1,518,131,000     $ 71,848,000
Adjustments to reconcile net income to net cash provided by operating activities:        
Deferred taxes (1,487,154,000)     7,586,000
Depreciation and amortization 20,738,000     18,316,000
Non-cash operating lease cost 5,546,000     4,362,000
Impairments on equity investments 0     28,498,000
Impairments on long-lived assets 2,900,000     3,975,000
Gain from sale of equity method investment     $ (15,800,000)  
Share-based Compensation 22,927,000     21,044,000
Equity in losses of investee 0     3,944,000
Other non-cash operating activities 12,566,000     5,101,000
Changes in assets and liabilities:        
Accounts receivable 13,761,000     (42,743,000)
Inventories (10,496,000)     (13,280,000)
Prepaid expenses and other assets (37,244,000)     (35,033,000)
Accounts payable (12,034,000)     1,470,000
Accrued and other long-term liabilities (69,103,000)     (5,183,000)
Long-term income tax payable 6,354,000     4,808,000
Deferred revenues 22,892,000     42,494,000
Net cash provided by operating activities 9,784,000     117,207,000
CASH FLOWS FROM INVESTING ACTIVITIES:        
Purchase of property, plant and equipment (46,085,000) $ (24,400,000)   (35,261,000)
Purchase of marketable securities (5,341,000)     (125,823,000)
Proceeds from maturities of marketable securities 42,641,000     80,306,000
Proceeds from sales of marketable securities 278,817,000     8,727,000
Repayment on unsecured promissory note 4,419,000     0
Other investing activities 1,760,000     (2,367,000)
Net cash provided by (used in) investing activities 276,211,000     (74,418,000)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Proceeds from issuance of common stock 10,662,000     9,609,000
Common stock repurchases 0     (50,000,000)
Payroll taxes paid upon the vesting of equity awards (45,395,000)     (50,181,000)
Proceeds from (Payments for) Other Financing Activities 0     (2,190,000)
Net cash used in financing activities (34,733,000)     (92,762,000)
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash (11,007,000)     1,089,000
Net increase (decrease) in cash, cash equivalents, and restricted cash 240,255,000     (48,884,000)
Cash, cash equivalents, and restricted cash at beginning of the period 551,134,000   $ 588,682,000 637,566,000
Cash, cash equivalents, and restricted cash at end of the period $ 791,389,000 $ 551,134,000   $ 588,682,000