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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 956,341 $ 671,707
Marketable securities 2,374,789 2,352,022
Accounts receivable, net 862,875 923,096
Inventories 1,682,703 1,289,706
Prepaid expenses and other current assets 393,825 314,217
Total current assets 6,270,533 5,550,748
Property and equipment, net 97,157 95,009
Acquisition-related intangible assets, net 112,890 122,205
Goodwill 265,924 265,924
Investments 39,401 39,468
Operating lease right-of-use assets 64,003 53,390
Deferred tax assets 646,066 574,912
Other assets 47,092 73,754
TOTAL ASSETS 7,543,066 6,775,410
CURRENT LIABILITIES:    
Accounts payable 330,171 232,572
Accrued liabilities 351,764 292,487
Deferred revenue 671,700 637,432
Other current liabilities 231,274 131,040
Total current liabilities 1,584,909 1,293,531
Income taxes payable 94,733 89,839
Operating lease liabilities, non-current 55,291 43,964
Deferred revenue, non-current 420,574 403,814
Other long-term liabilities 58,385 58,442
TOTAL LIABILITIES 2,213,892 1,889,590
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, 2023 and December 31, 2022 0 0
Common stock, $0.0001 par value—1,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 308,098 and 306,890 shares issued and outstanding as of March 31, 2023 and December 31, 2022 31 31
Additional paid-in capital 1,857,467 1,780,714
Retained earnings 3,493,181 3,138,983
Accumulated other comprehensive income (loss) (21,505) (33,908)
TOTAL STOCKHOLDERS’ EQUITY 5,329,174 4,885,820
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,543,066 $ 6,775,410