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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 1,938,606 $ 671,707
Marketable securities 3,069,362 2,352,022
Accounts receivable, net 1,024,569 923,096
Inventories 1,945,180 1,289,706
Prepaid expenses and other current assets 412,518 314,217
Total current assets 8,390,235 5,550,748
Property and equipment, net 101,580 95,009
Acquisition-related intangible assets, net 88,768 122,205
Goodwill 268,531 265,924
Deferred tax assets 945,792 574,912
Other assets 151,900 166,612
TOTAL ASSETS 9,946,806 6,775,410
CURRENT LIABILITIES:    
Accounts payable 435,059 232,572
Accrued liabilities 407,302 292,487
Deferred revenue 915,204 637,432
Other current liabilities 152,041 131,040
Total current liabilities 1,909,606 1,293,531
Income taxes payable 95,751 89,839
Deferred revenue, non-current 591,000 403,814
Other long-term liabilities 131,390 102,406
TOTAL LIABILITIES 2,727,747 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 December 31, 2023 and 2022 0 0
Common stock, $0.0001 par value—1,000,000 shares authorized as of December 31, 2023 and 2022; 312,245 and 306,890 shares issued and outstanding as of December 31, 2023 and 2022 31 31
Additional paid-in capital 2,108,331 1,780,714
Retained earnings 5,114,025 3,138,983
Accumulated other comprehensive income (loss) (3,328) (33,908)
TOTAL STOCKHOLDERS’ EQUITY 7,219,059 4,885,820
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 9,946,806 $ 6,775,410