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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 319,798 $ 581,059
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred taxes 6,765 48,104
Depreciation and amortization 92,096 79,141
Stock-based compensation 98,679 84,498
Non-cash operating lease cost 22,756 19,364
Arbitration award gain 0 (43,403)
Other non-cash operating activities 26,216 15,651
Changes in assets and liabilities, net of effects of acquisitions:    
Accounts receivable 32,284 (216,081)
Inventories (108,524) (83,249)
Prepaid expenses and other assets (32,440) (74,736)
Accounts payable (27,100) 13,495
Accrued and other long-term liabilities (213,378) 107,159
Long-term income tax payable 9,019 20,263
Deferred revenues 197,854 348,430
Net cash provided by operating activities 424,025 899,695
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions, net of cash acquired (12,304) (8,002)
Purchase of property, plant and equipment (238,696) (292,002)
Purchase of marketable securities (20,466) 0
Proceeds from maturities of marketable securities 22,456 0
Proceeds from sales of marketable securities 93,647 0
Repayment on unsecured promissory note 0 4,594
Proceeds from arbitration award 0 43,403
Other investing activities (2,143) (3,712)
Net cash used in investing activities (157,506) (255,719)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 26,149 25,623
Common stock repurchases (275,036) (275,038)
Payroll taxes paid upon the vesting of equity awards (52,611) (107,344)
Net cash used in financing activities (301,498) (356,759)
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash (20,422) (10,241)
Net (decrease) increase in cash, cash equivalents, and restricted cash (55,401) 276,976
Cash, cash equivalents, and restricted cash at beginning of the period 1,100,139 961,474
Cash, cash equivalents, and restricted cash at end of the period $ 1,044,738 $ 1,238,450