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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 746,567 $ 567,923
Marketable securities 296,675 299,910
Accounts receivable, net of allowances of $2,072 and $1,521, respectively 209,062 253,119
Inventories 286,786 236,490
Prepaid expenses and other current assets 197,735 168,684
Total current assets 1,736,825 1,526,126
Property and equipment, net 76,319 76,961
Investments 36,136 36,136
Deferred tax assets 70,433 70,960
Other assets 19,885 18,824
TOTAL ASSETS 1,939,598 1,729,007
CURRENT LIABILITIES:    
Accounts payable 60,984 79,457
Accrued liabilities 75,291 90,951
Deferred revenue 383,245 273,350
Other current liabilities 12,993 15,795
Total current liabilities 532,513 459,553
Income taxes payable 17,581 14,498
Lease financing obligations, non-current 39,136 39,593
Deferred revenue, non-current 113,925 99,585
Other long-term liabilities 8,069 7,958
TOTAL LIABILITIES 711,224 621,187
Commitments and contingencies (Note 5)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value—100,000 shares authorized, no shares issued and outstanding as of March 31, 2017 and December 31, 2016 0 0
Common stock, $0.0001 par value—1,000,000 shares authorized as of March 31, 2017 and December 31, 2016; 71,904 and 70,811 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively 7 7
Additional paid-in capital 711,123 674,183
Retained earnings 518,874 435,105
Accumulated other comprehensive loss (1,630) (1,475)
TOTAL STOCKHOLDERS’ EQUITY 1,228,374 1,107,820
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,939,598 $ 1,729,007