Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 346,460	$ 190,208
Short-term investments	6,858	5,499
Accounts receivable, net of allowance for doubtful accounts of $1,081 and $1,079 as of December 31, 2020 and 2019, respectively	337,052	277,168
Inventories	172,112	235,489
Prepaid expenses and other current assets	30,696	35,745
Total current assets	893,178	744,109
Property and equipment, net	16,080	17,683
Operating lease right-of-use assets, net	29,411	28,917
Intangibles, net	3,899	10,104
Goodwill	80,721	80,721
Other non-current assets	82,750	74,279
Total assets	1,106,039	955,813
Current liabilities:
Accounts payable	90,902	80,531
Accrued employee compensation	35,020	20,024
Other accrued liabilities	218,375	189,547
Deferred revenue	13,458	6,450
Income taxes payable	7,318	1,839
Total current liabilities	365,073	298,391
Non-current income taxes payable	19,174	15,307
Non-current operating lease liabilities	25,512	25,434
Other non-current liabilities	6,896	7,988
Total liabilities	416,655	347,120
Commitments and contingencies (Note 10)
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; shares issued and outstanding: 30,399,206 and 29,925,008 as of December 31, 2020 and 2019, respectively	30	30
Additional paid-in capital	882,709	831,365
Accumulated other comprehensive income (loss)	(35)	21
Accumulated deficit	(193,320)	(222,723)
Total stockholders’ equity	689,384	608,693
Total liabilities and stockholders’ equity	$ 1,106,039	$ 955,813