Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,481,853	$ 1,514,064
Restricted cash	37,700	37,700
Trade accounts receivable—net of allowance for doubtful accounts of $5,772 and $5,803, respectively	113,469	114,248
Deferred commissions	17,296	16,364
Prepaid expenses and other current assets	39,314	29,267
Total current assets before customer fund assets	1,689,632	1,711,643
Funds held from customers	64,359	62,509
Receivable from customers—net of allowance of $507 and $439, respectively	1,579	1,472
Total current assets	1,755,570	1,775,624
Noncurrent assets:
Deferred commissions	53,471	52,155
Operating lease right-of-use assets—net	43,225	44,385
Property and equipment—net	49,368	46,464
Intangible assets—net	89,775	96,818
Goodwill	671,431	672,381
Other noncurrent assets	10,827	10,704
Total assets	2,673,667	2,698,531
Current liabilities:
Trade payables	18,211	16,683
Accrued expenses	69,102	109,792
Deferred revenue	302,496	280,816
Accrued purchase price related to acquisitions	52,683	51,476
Accrued earnout liabilities	37,390	33,151
Operating lease liabilities	11,847	11,453
Total current liabilities before customer fund obligations	491,729	503,371
Customer fund obligations	66,368	64,302
Total current liabilities	558,097	567,673
Noncurrent liabilities:
Convertible senior notes—net	962,144	961,259
Deferred revenue	1,114	2,139
Accrued purchase price related to acquisitions	6,715	7,988
Accrued earnout liabilities	59,706	81,485
Operating lease liabilities	43,549	45,614
Deferred tax liability	5,383	5,158
Other noncurrent liabilities	751	761
Total liabilities	1,637,459	1,672,077
Commitments and contingencies	0	0
Shareholders' equity:
Preferred stock, $0.0001 par value – no shares issued and outstanding at March 31, 2022, and December 31, 2021, and 20,000 shares authorized as of March 31, 2022, and December 31, 2021	0	0
Common stock, $0.0001 par value – 87,785 and 87,087 shares issued and outstanding at March 31, 2022, and December 31, 2021, respectively, and 600,000 shares authorized as of March 31, 2022, and December 31, 2021	9	9
Additional paid-in capital	1,776,400	1,732,742
Accumulated other comprehensive loss	(4,775)	(3,428)
Accumulated deficit	(735,426)	(702,869)
Total shareholders’ equity	1,036,208	1,026,454
Total liabilities and shareholders' equity	$ 2,673,667	$ 2,698,531