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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 240,468 $ 181,945
Short-term investments 125,514 96,321
Accounts receivable, net 313,839 290,642
Inventories 247,862 213,118
Prepaid expenses and other current assets 35,102 39,117
Total current assets 962,785 821,143
Property and equipment, net 19,473 22,384
Intangibles, net 37,899 48,947
Goodwill 85,463 81,721
Other non-current assets 78,836 76,374
Total assets 1,184,456 1,050,569
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 112,436 90,546
Accrued employee compensation 33,096 27,868
Other accrued liabilities 170,674 166,282
Deferred revenue 35,301 29,125
Income taxes payable 5,146 1,951
Total current liabilities 356,653 315,772
Non-current income taxes payable 15,119 14,444
Other non-current liabilities 15,865 11,643
Total liabilities 387,637 341,859
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock: $0.001 par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Common stock: $0.001 par value; 200,000,000 shares authorized; shared issued and outstanding: 32,958,444 and 32,600,990 as of December 31, 2016 and 2015, respectively 33 33
Additional paid-in capital 566,307 513,047
Accumulated other comprehensive income 1,938 3
Retained earnings 228,541 195,627
Total stockholders’ equity 796,819 708,710
Total liabilities and stockholders’ equity $ 1,184,456 $ 1,050,569