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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 893,688 $ 893,219
Marketable securities 2,388,015 1,979,649
Accounts receivable, net of rebates and allowances of $4,603 and $4,497, respectively 364,214 389,540
Inventories 543,199 479,668
Prepaid expenses and other current assets 139,279 94,922
Total current assets 4,328,395 3,836,998
Property and equipment, net 32,362 32,231
Acquisition-related intangible assets, net 107,995 122,790
Goodwill 188,277 189,696
Investments 13,647 8,314
Operating lease right-of-use assets 70,497 77,288
Deferred tax assets 433,674 441,531
Other assets 33,433 30,071
TOTAL ASSETS 5,208,280 4,738,919
CURRENT LIABILITIES:    
Accounts payable 145,159 134,235
Accrued liabilities 163,245 143,357
Deferred revenue 482,112 396,259
Other current liabilities 69,419 94,392
Total current liabilities 859,935 768,243
Income taxes payable 57,977 53,053
Operating lease liabilities, non-current 64,295 72,397
Deferred revenue, non-current 263,978 254,568
Deferred tax liabilities, non-current 216,746 227,936
Other long-term liabilities 47,508 42,431
TOTAL LIABILITIES 1,510,439 1,418,628
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 June 30, 2021 and December 31, 2020 0 0
Common stock, $0.0001 par value—1,000,000 shares authorized as of June 30, 2021 and December 31, 2020; 76,665 and 76,174 shares issued and outstanding as of June 30, 2021 and December 31, 2020 8 8
Additional paid-in capital 1,395,459 1,292,431
Retained earnings 2,303,513 2,027,614
Accumulated other comprehensive income (loss) (1,139) 238
TOTAL STOCKHOLDERS’ EQUITY 3,697,841 3,320,291
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 5,208,280 $ 4,738,919