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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 325,159 $ 331,022
Short-term investments 1,159,554 1,081,662
Accounts receivable - net of allowance for doubtful accounts of $3,466 at March 31, 2023 and $3,266 at December 31, 2022 197,516 226,849
Deferred commission expense 76,365 70,992
Prepaid expenses and other current assets 63,480 44,074
Total current assets 1,822,074 1,754,599
Long-term investments 121,814 112,791
Property and equipment, net 107,060 105,227
Capitalized software development costs, net 73,068 63,790
Right-of-use assets 310,000 319,304
Deferred commission expense, net of current portion 80,476 66,559
Other assets 66,145 58,795
Intangible assets, net 16,702 17,446
Goodwill 46,454 46,227
Total assets 2,643,793 2,544,738
Current liabilities:    
Accounts payable 2,958 20,883
Accrued compensation costs 70,605 62,846
Accrued expenses and other current liabilities 131,492 102,122
Operating lease liabilities 33,580 35,928
Deferred revenue 571,793 539,874
Total current liabilities 810,428 761,653
Operating lease liabilities, net of current portion 309,037 316,184
Deferred revenue, net of current portion 5,474 5,904
Other long-term liabilities 17,763 14,546
Convertible senior notes 454,712 454,227
Total liabilities 1,597,414 1,552,514
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Common stock 49 49
Additional paid-in capital 1,734,749 1,647,446
Accumulated other comprehensive loss (7,756) (12,890)
Accumulated deficit (680,663) (642,381)
Total stockholders’ equity 1,046,379 992,224
Total liabilities and stockholders’ equity $ 2,643,793 $ 2,544,738