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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 246,748 $ 291,363
Short-term investments 0 20,724
Accounts receivable, net of allowance for doubtful accounts of $826 and $610, respectively 44,542 39,963
Inventory 345 331
Prepaid expenses, prepaid income taxes and other current assets 19,085 25,152
Deferred contract costs 11,924 11,095
Restricted cash 3,993 2,563
Total current assets 326,637 391,191
Property and equipment, net 126,612 83,370
Intangible assets, net 12,389 23,056
Goodwill 47,220 157,898
Operating lease right-of-use assets 127,125 169,682
Deferred tax assets 120,642 73,356
Deferred contract costs, net of current portion 13,274 12,998
Other non-current assets 4,262 7,376
Total assets 778,161 918,927
Current liabilities:    
Accounts payable 47,238 47,854
Accrued expenses, accrued income taxes and other current liabilities 31,582 33,718
Deferred revenue 21,882 21,322
Operating lease liabilities 9,886 12,284
Total current liabilities 110,588 115,178
Operating lease liabilities 178,909 182,106
Deferred tax liabilities 0 58
Other non–current liabilities 5,191 4,733
Total liabilities 294,688 302,075
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 154,452 263,498
Retained earnings 329,238 354,147
Accumulated other comprehensive loss (321) (901)
Total stockholders’ equity 483,473 616,852
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 778,161 918,927
Class A Common Stock    
Stockholders’ equity:    
Common stock 88 92
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 16 $ 16