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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 216,169 $ 291,363
Short-term investments   20,724
Accounts receivable, net of allowance for doubtful accounts of $616 and $610, respectively 39,757 39,963
Inventory 459 331
Prepaid expenses, prepaid income taxes and other current assets 18,131 25,152
Deferred contract costs 11,614 11,095
Restricted cash 2,196 2,563
Total current assets 288,326 391,191
Property and equipment, net 130,023 83,370
Intangible assets, net 12,824 23,056
Goodwill 46,576 157,898
Operating lease right-of-use assets 137,133 169,682
Deferred tax assets 117,503 73,356
Deferred contract costs, net of current portion 13,242 12,998
Other non-current assets 7,704 7,376
Total assets 753,331 918,927
Current liabilities:    
Accounts payable 46,107 47,854
Accrued expenses, accrued income taxes and other current liabilities 33,924 33,718
Deferred revenue 21,785 21,322
Operating lease liabilities 10,225 12,284
Total current liabilities 112,041 115,178
Operating lease liabilities 183,732 182,106
Deferred tax liabilities 41 58
Other non–current liabilities 5,444 4,733
Total liabilities 301,258 302,075
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.001 par value per share; 10,000,000 shares authorized; no shares issued and outstanding
Additional paid-in capital 146,946 263,498
Retained earnings 306,727 354,147
Accumulated other comprehensive loss (1,703) (901)
Total stockholders’ equity 452,073 616,852
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 753,331 918,927
Class A Common Stock    
Stockholders’ equity:    
Common stock 87 92
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 16 $ 16