CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents	$ 1,446,625	$ 1,322,143
Short-term investments	0	60,007
Trade receivables and contract assets, net of allowance of $5,521 and $4,886, respectively	768,928	501,062
Prepaid and other current assets	53,927	29,570
Total current assets	2,269,480	1,912,782
Property and equipment, net	236,214	169,533
Operating lease right-of-use assets, net	184,841	228,672
Intangible assets, net	101,143	51,975
Goodwill	530,723	211,956
Deferred tax assets	143,928	92,454
Other noncurrent assets	56,898	53,960
Total assets	3,523,227	2,721,332
Current liabilities
Accounts payable	24,847	10,189
Accrued compensation and benefits expenses	502,997	294,709
Accrued expenses and other current liabilities	142,014	79,690
Short-term debt	16,018	0
Income taxes payable, current	27,440	20,603
Operating lease liabilities, current	50,104	60,759
Total current liabilities	763,420	465,950
Long-term debt	30,234	25,038
Income taxes payable, noncurrent	42,454	43,448
Operating lease liabilities, noncurrent	142,802	180,604
Other noncurrent liabilities	48,480	23,274
Total liabilities	1,027,390	738,314
Commitments and contingencies (Note 15)
Stockholders’ equity
Common stock, $0.001 par value; 160,000 authorized; 56,868 and 56,128 shares issued, 56,849 and 56,108 shares outstanding at December 31, 2021 and December 31, 2020, respectively	57	56
Additional paid-in capital	711,912	660,771
Retained earnings	1,829,532	1,347,880
Treasury stock	(177)	(177)
Accumulated other comprehensive loss	(54,207)	(25,512)
Total EPAM Systems Inc. stockholders’ equity	2,487,117	1,983,018
Noncontrolling interest in consolidated subsidiaries	8,720	0
Total equity	2,495,837	1,983,018
Total liabilities and stockholders’ equity	$ 3,523,227	$ 2,721,332