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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 228,020 $ 409,949
Short-term investments 534,887 376,995
Accounts receivable, net 53,824 129,912
Prepaid expenses and other current assets 63,547 55,129
Total current assets 880,278 971,985
Property and equipment, net 24,483 20,296
Operating lease right-of-use assets 45,266 33,600
Long-term investments 229,027 187,921
Goodwill 36,756 36,910
Intangible assets, net 18,716 22,083
Other assets 88,796 69,543
Total assets 1,323,322 1,342,338
Current liabilities:    
Accounts payable 13,280 9,383
Accrued payroll and payroll related liabilities 23,668 53,683
Accrued expenses and other current liabilities 29,412 31,715
Deferred revenue 78,469 83,895
Convertible senior notes, net 69,233 68,154
Total current liabilities 214,062 246,830
Convertible senior notes, net 636,917 630,321
Deferred revenue 2,216 2,733
Operating lease liabilities 40,569 29,293
Other liabilities 3,173 8,254
Total liabilities 896,937 917,431
Stockholders’ equity:    
Preferred stock, $0.0001 par value: 10,000 shares authorized as of March 31, 2020 and December 31, 2019, respectively; no shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 0 0
Common stock, $0.0001 par value: 500,000 Class A shares authorized, 52,847 and 52,056 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively; 500,000 Class B shares authorized, 13,038 and 13,204 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 7 7
Additional paid-in capital 427,510 412,191
Retained earnings (accumulated deficit) (1,847) 14,235
Accumulated other comprehensive income (loss) 715 (1,526)
Total stockholders’ equity 426,385 424,907
Total liabilities and stockholders’ equity $ 1,323,322 $ 1,342,338