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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 823,475 $ 567,923
Marketable securities 301,364 299,910
Accounts receivable, net of allowances of $4,192 and $1,521, respectively 269,624 253,119
Inventories 363,803 236,490
Prepaid expenses and other current assets 190,923 168,684
Total current assets 1,949,189 1,526,126
Property and equipment, net 75,840 76,961
Investments 36,136 36,136
Deferred tax assets 81,469 70,960
Other assets 20,306 18,824
TOTAL ASSETS 2,162,940 1,729,007
CURRENT LIABILITIES:    
Accounts payable 80,418 79,457
Accrued liabilities 84,413 90,951
Deferred revenue 426,750 273,350
Other current liabilities 19,216 15,795
Total current liabilities 610,797 459,553
Income taxes payable 19,970 14,498
Lease financing obligations, non-current 38,672 39,593
Deferred revenue, non-current 127,760 99,585
Other long-term liabilities 7,992 7,958
TOTAL LIABILITIES 805,191 621,187
Commitments and contingencies (Note 5)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value—100,000 shares authorized, no shares issued and outstanding as of June 30, 2017 and December 31, 2016 0 0
Common stock, $0.0001 par value—1,000,000 shares authorized as of June 30, 2017 and December 31, 2016; 72,450 and 70,811 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 7 7
Additional paid-in capital 737,436 674,183
Retained earnings 621,559 435,105
Accumulated other comprehensive loss (1,253) (1,475)
TOTAL STOCKHOLDERS’ EQUITY 1,357,749 1,107,820
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,162,940 $ 1,729,007