XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 664.0 $ 458.8
Short-term investments 0.0 40.0
Accounts and other receivables 93.9 76.6
Registry deposits 35.8 37.3
Prepaid domain name registry fees 480.3 466.0
Prepaid expenses and other current assets 221.8 177.2
Total current assets 1,495.8 1,255.9
Noncurrent Assets    
Property and equipment, net 171.3 185.3
Operating lease assets 49.3 60.8
Prepaid domain name registry fees, net of current portion 216.4 209.0
Goodwill 3,548.7 3,569.3
Intangible assets, net 1,123.7 1,158.6
Deferred tax assets 1,271.5 1,020.4
Other assets 102.1 105.6
Total assets 7,978.8 7,564.9
Current liabilities:    
Accounts payable 120.8 148.1
Accrued expenses and other current liabilities 409.5 442.2
Deferred revenue 2,174.4 2,074.9
Long-term debt 17.6 17.9
Total current liabilities 2,722.3 2,683.1
Noncurrent Liabilities    
Deferred revenue, net of current portion 842.9 802.4
Long-term debt, net of current portion 3,794.8 3,798.5
Operating lease liabilities, net of current portion 83.9 90.2
Other long-term liabilities 91.2 90.7
Deferred tax liabilities 28.9 37.8
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value - 50,000 shares authorized; none issued and outstanding 0.0 0.0
Additional paid-in capital 2,345.9 2,271.6
Accumulated deficit (2,066.2) (2,320.7)
Accumulated other comprehensive income 135.0 111.2
Total stockholders' equity 414.8 62.2
Total liabilities and stockholders' equity 7,978.8 7,564.9
Class A Common Stock    
Stockholders' equity:    
Common stock 0.1 0.1
Class B Common Stock    
Stockholders' equity:    
Common stock $ 0.0 $ 0.0