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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 117,435 $ 150,301
Marketable securities 7,495 14,847
Accounts receivable, net 50,991 200,634
Inventory 172,022 144,236
Prepaid expenses and other current assets 24,942 25,958
Total current assets 372,885 535,976
Property and equipment, net 33,670 36,539
Operating Lease, Right-of-Use Asset 51,086 53,121
Intangible assets, net 3,925 5,247
Goodwill 146,459 146,459
Other long-term assets 15,013 15,461
Total assets 623,038 792,803
Current liabilities:    
Accounts payable 63,776 160,695
Accrued expenses and other current liabilities 97,543 141,790
Short-term operating lease liabilities 8,871 9,099
Deferred revenue 14,421 15,467
Short-term Bank Loans and Notes Payable 30,000 0
Total current liabilities 214,611 327,051
Long-term taxes payable 14,101 13,726
Long-term debt 151,392 148,810
Long-term operating lease liabilities 60,351 62,961
Other long-term liabilities 5,085 6,726
Total liabilities 445,540 559,274
Commitments, contingencies and guarantees
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 5,000 shares authorized; none issued 0 0
Common stock and additional paid-in capital, $0.0001 par value, 500,000 Class A shares authorized, 119,472 and 117,922 shares issued and outstanding, respectively; 150,000 Class B shares authorized, 28,888 and 28,897 shares issued and outstanding, respectively 938,372 930,875
Treasury stock, at cost, 10,710 and 10,710 shares, respectively (113,613) (113,613)
Accumulated deficit (647,261) (583,733)
Total stockholders’ equity 177,498 233,529
Total liabilities and stockholders’ equity $ 623,038 $ 792,803