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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 1,748,818 $ 671,707
Marketable securities 2,706,785 2,352,022
Accounts receivable, net 833,374 923,096
Inventories 1,893,538 1,289,706
Prepaid expenses and other current assets 472,483 314,217
Total current assets 7,654,998 5,550,748
Property and equipment, net 102,592 95,009
Acquisition-related intangible assets, net 95,458 122,205
Goodwill 268,531 265,924
Investments 62,288 39,468
Operating lease right-of-use assets 58,888 53,390
Deferred tax assets 793,015 574,912
Other assets 33,265 73,754
TOTAL ASSETS 9,069,035 6,775,410
CURRENT LIABILITIES:    
Accounts payable 268,972 232,572
Accrued liabilities 410,071 292,487
Deferred revenue 698,675 637,432
Other current liabilities 469,007 131,040
Total current liabilities 1,846,725 1,293,531
Income taxes payable 104,660 89,839
Operating lease liabilities, non-current 48,044 43,964
Deferred revenue, non-current 496,076 403,814
Other long-term liabilities 67,975 58,442
TOTAL LIABILITIES 2,563,480 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 September 30, 2023 and December 31, 2022 0 0
Common stock, $0.0001 par value—1,000,000 shares authorized as of September 30, 2023 and December 31, 2022; 310,972 and 306,890 shares issued and outstanding as of September 30, 2023 and December 31, 2022 31 31
Additional paid-in capital 2,028,301 1,780,714
Retained earnings 4,500,389 3,138,983
Accumulated other comprehensive income (loss) (23,166) (33,908)
TOTAL STOCKHOLDERS’ EQUITY 6,505,555 4,885,820
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 9,069,035 $ 6,775,410