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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,567,710 $ 1,141,263
Short-term investments 993,258 1,280,989
Accounts receivable, net of allowance for doubtful accounts of $4,495 and $4,522 at March 31, 2020 and December 31, 2019, respectively 71,782 67,005
Mortgage loans held for sale 36,848 36,507
Inventory 533,989 836,627
Prepaid expenses and other current assets 57,635 58,117
Restricted cash 56,428 89,646
Total current assets 3,317,650 3,510,154
Contract cost assets 46,565 45,209
Property and equipment, net 188,032 170,489
Right of use assets 205,688 212,153
Goodwill 1,984,907 1,984,907
Intangible assets, net 112,274 190,567
Other assets 16,624 18,494
Total assets 5,871,740 6,131,973
Current liabilities:    
Accounts payable 17,819 8,343
Accrued expenses and other current liabilities 88,897 85,442
Accrued compensation and benefits 32,838 37,805
Borrowings under credit facilities 466,647 721,951
Deferred revenue 35,347 39,747
Lease liabilities, current portion 20,290 17,592
Convertible senior notes, current portion 9,637 9,637
Total current liabilities 671,475 920,517
Lease liabilities, net of current portion 216,122 220,445
Long-term debt 1,565,949 1,543,402
Deferred tax liabilities and other long-term liabilities 2,433 12,188
Total liabilities 2,455,979 2,696,552
Commitments and contingencies (Note 16)
Shareholders’ equity:    
Preferred stock, $0.0001 par value; 30,000,000 shares authorized; no shares issued and outstanding 0 0
Additional paid-in capital 4,551,866 4,412,200
Accumulated other comprehensive income 4,286 340
Accumulated deficit (1,140,413) (977,140)
Total shareholders’ equity 3,415,761 3,435,421
Total liabilities and shareholders’ equity 5,871,740 6,131,973
Class A Common Stock    
Shareholders’ equity:    
Common stock/capital stock 6 6
Class B Common Stock    
Shareholders’ equity:    
Common stock/capital stock 1 1
Class C Capital Stock    
Shareholders’ equity:    
Common stock/capital stock $ 15 $ 14