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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 859,192 $ 567,923
Marketable securities 676,363 299,910
Accounts receivable, net of rebates and allowances of $7,535 and $1,521, respectively 247,346 253,119
Inventories 306,198 236,490
Prepaid expenses and other current assets 177,330 168,684
Total current assets 2,266,429 1,526,126
Property and equipment, net 74,279 76,961
Investments 36,136 36,136
Deferred tax assets 65,125 70,960
Other assets 18,891 18,824
TOTAL ASSETS 2,460,860 1,729,007
CURRENT LIABILITIES:    
Accounts payable 52,200 79,457
Accrued liabilities 133,827 90,951
Deferred revenue 327,706 273,350
Other current liabilities 16,172 15,795
Total current liabilities 529,905 459,553
Income taxes payable 34,067 14,498
Lease financing obligations, non-current 37,673 39,593
Deferred revenue, non-current 187,556 99,585
Other long-term liabilities 9,745 7,958
TOTAL LIABILITIES 798,946 621,187
Commitments and contingencies
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value—100,000 shares authorized and no shares issued and outstanding as of December 31, 2017 and 2016 0 0
Common stock, $0.0001 par value—1,000,000 shares authorized as of December 31, 2017 and 2016; 73,706 and 70,811 shares issued and outstanding as of December 31, 2017 and 2016 7 7
Additional paid-in capital 804,731 674,183
Retained earnings 859,114 435,105
Accumulated other comprehensive loss (1,938) (1,475)
TOTAL STOCKHOLDERS’ EQUITY 1,661,914 1,107,820
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,460,860 $ 1,729,007