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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 886,160 $ 859,192
Marketable securities 851,880 676,363
Accounts receivable, net of rebates and allowances of $7,638 and $7,535, respectively 207,339 247,346
Inventories 268,131 306,198
Prepaid expenses and other current assets 165,664 177,330
Total current assets 2,379,174 2,266,429
Property and equipment, net 73,825 74,279
Investments 36,136 36,136
Deferred tax assets 68,020 65,125
Other assets 22,879 18,891
TOTAL ASSETS 2,580,034 2,460,860
CURRENT LIABILITIES:    
Accounts payable 70,431 52,200
Accrued liabilities 85,728 133,827
Deferred revenue 274,677 327,706
Other current liabilities 26,943 16,172
Total current liabilities 457,779 529,905
Income taxes payable 37,358 34,067
Lease financing obligations, non-current 37,138 37,673
Deferred revenue, non-current 181,377 187,556
Other long-term liabilities 21,343 9,745
TOTAL LIABILITIES 734,995 798,946
Commitments and contingencies (Note 5)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value—100,000 shares authorized and no shares issued and outstanding as of March 31, 2018 and December 31, 2017 0 0
Common stock, $0.0001 par value—1,000,000 shares authorized as of March 31, 2018 and December 31, 2017; 74,338 and 73,706 shares issued and outstanding as of March 31, 2018 and December 31, 2017 8 7
Additional paid-in capital 841,431 804,731
Retained earnings 1,007,226 859,114
Accumulated other comprehensive loss (3,626) (1,938)
TOTAL STOCKHOLDERS’ EQUITY 1,845,039 1,661,914
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,580,034 $ 2,460,860