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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 761,333 $ 1,111,286
Marketable securities 1,875,660 1,613,082
Accounts receivable, net of rebates and allowances of $6,061 and $6,160, respectively 352,159 391,987
Inventories 261,798 243,825
Prepaid expenses and other current assets 85,949 111,456
Total current assets 3,336,899 3,471,636
Property and equipment, net 37,806 39,273
Acquisition-related intangible assets, net 89,373 45,235
Goodwill 84,781 54,855
Investments 4,150 4,150
Operating lease right-of-use assets 83,377 87,770
Deferred tax assets 448,432 452,025
Other assets 27,027 30,346
TOTAL ASSETS 4,111,845 4,185,290
CURRENT LIABILITIES:    
Accounts payable 84,815 92,105
Accrued liabilities 100,443 140,249
Deferred revenue 332,175 312,668
Other current liabilities 55,574 52,052
Total current liabilities 573,007 597,074
Income taxes payable 58,507 55,485
Operating lease liabilities, non-current 78,502 83,022
Deferred revenue, non-current 264,600 262,620
Deferred tax liabilities, non-current 250,304 254,710
Other long-term liabilities 38,099 37,693
TOTAL LIABILITIES 1,263,019 1,290,604
Commitments and contingencies (Note 6)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value—100,000 shares authorized and no shares issued and outstanding as of March 31, 2020 and December 31, 2019 0 0
Common stock, $0.0001 par value—1,000,000 shares authorized as of March 31, 2020 and December 31, 2019; 75,655 and 76,389 shares issued and outstanding as of March 31, 2020 and December 31, 2019 8 8
Additional paid-in capital 1,149,224 1,106,305
Retained earnings 1,698,766 1,788,230
Accumulated other comprehensive income (loss) 828 143
TOTAL STOCKHOLDERS’ EQUITY 2,848,826 2,894,686
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 4,111,845 $ 4,185,290