XML 35 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 2,611,499 $ 1,703,130
Short-term investments 513,922 2,218,108
Accounts receivable, net of allowance for doubtful accounts of $3,758 and $3,427 at December 31, 2021 and 2020, respectively 154,937 69,940
Mortgage loans held for sale 106,753 330,758
Inventory 3,912,662 491,293
Prepaid expenses and other current assets 153,555 75,846
Restricted cash 226,651 75,805
Total current assets 7,679,979 4,964,880
Contract cost assets 35,465 50,719
Beneficial interests in securitizations 75,103 0
Property and equipment, net 214,555 196,152
Right of use assets 129,932 187,960
Goodwill 2,373,792 1,984,907
Intangible assets, net 180,072 94,767
Other assets 6,556 7,175
Total assets 10,695,454 7,486,560
Current liabilities:    
Accounts payable 17,230 18,974
Accrued expenses and other current liabilities 161,459 94,487
Accrued compensation and benefits 108,464 47,666
Borrowings under credit facilities 2,311,556 670,209
Deferred revenue 51,484 48,995
Lease liabilities, current portion 23,503 28,310
Securitization term loans 1,208,753 0
Total current liabilities 3,882,449 908,641
Lease liabilities, net of current portion 147,967 207,723
Convertible senior notes 1,319,224 1,613,523
Other long-term liabilities 4,503 14,857
Total liabilities 5,354,143 2,744,744
Commitments and contingencies (Note 18)
Shareholders’ equity:    
Preferred stock, $0.0001 par value; 30,000,000 shares authorized; no shares issued and outstanding 0 0
Additional paid-in capital 7,001,084 5,880,883
Accumulated other comprehensive income 7,234 164
Accumulated deficit (1,667,032) (1,139,255)
Total shareholders’ equity 5,341,311 4,741,816
Total liabilities and shareholders’ equity 10,695,454 7,486,560
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 $ 18 $ 17