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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 1,271,853 $ 1,512,883
Accounts receivable, less allowance for credit loss of $6,966 at June 30, 2024 and $6,550 at December 31, 2023 1,843,894 1,532,599
Deferred contract costs 395,241 218,807
Other 185,766 170,907
Total current assets 3,696,754 3,435,196
Property and equipment, less accumulated depreciation and amortization of $608,860 at June 30, 2024 and $597,473 at December 31, 2023 461,494 479,225
Operating lease right-of-use assets 537,114 516,280
Goodwill 7,927 7,927
Deferred federal and state income taxes, net 69,646 63,690
Other assets, net 15,406 21,491
Total assets 4,788,341 4,523,809
Current Liabilities:    
Accounts payable 1,073,476 860,856
Accrued liabilities, primarily salaries and related costs 486,989 447,336
Contract liabilities 474,507 280,909
Current portion of operating lease liabilities 104,042 99,749
Federal, state and foreign income taxes 21,904 15,562
Total current liabilities 2,160,918 1,704,412
Noncurrent portion of operating lease liabilities 448,996 427,984
Commitments and contingencies
Shareholders’ Equity:    
Preferred stock, none issued 0 0
Common stock, par value $0.01 per share. Issued and outstanding: 140,633 shares at June 30, 2024 and 143,866 shares at December 31, 2023 1,406 1,439
Additional paid-in capital 7,732 0
Retained earnings 2,385,740 2,580,968
Accumulated other comprehensive loss (218,457) (192,057)
Total shareholders’ equity 2,176,421 2,390,350
Noncontrolling interest 2,006 1,063
Total equity 2,178,427 2,391,413
Total liabilities and equity $ 4,788,341 $ 4,523,809