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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 1,020,854 $ 1,051,099
Accounts receivable, less allowance for doubtful accounts of $12,272 at June 30, 2018 and $12,858 at December 31, 2017 1,337,716 1,414,741
Deferred contract costs 136,133 0
Other 69,438 75,612
Total current assets 2,564,141 2,541,452
Property and equipment, less accumulated depreciation and amortization of $435,159 at June 30, 2018 and $420,282 at December 31, 2017 515,547 525,203
Goodwill 7,927 7,927
Deferred Federal and state income taxes, net 16,779 13,207
Other assets, net 28,438 29,219
Total assets 3,132,832 3,117,008
Current Liabilities:    
Accounts payable 832,011 866,305
Accrued expenses, primarily salaries and related costs 227,148 206,320
Contract liabilities 161,870 0
Federal, state and foreign income taxes 19,244 20,494
Total current liabilities 1,240,273 1,093,119
Noncurrent Federal income taxes payable 0 29,516
Commitments and contingencies
Shareholders' Equity:    
Preferred stock, none issued 0 0
Common stock, par value $0.01 per share. Issued and outstanding 173,577 shares at June 30, 2018 and 176,374 shares at December 31, 2017 1,736 1,764
Additional paid-in capital 1,607 546
Retained earnings 1,977,121 2,063,512
Accumulated other comprehensive loss (90,712) (73,964)
Total shareholders’ equity 1,889,752 1,991,858
Noncontrolling interest 2,807 2,515
Total equity 1,892,559 1,994,373
Total liabilities and equity $ 3,132,832 $ 3,117,008