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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 1,293,173 $ 1,512,883
Accounts receivable, less allowance for credit loss of $5,903 at September 30, 2024 and $6,550 at December 31, 2023 2,176,959 1,532,599
Deferred contract costs 431,640 218,807
Other 181,273 170,907
Total current assets 4,083,045 3,435,196
Property and equipment, less accumulated depreciation and amortization of $624,562 at September 30, 2024 and $597,473 at December 31, 2023 468,594 479,225
Operating lease right-of-use assets 525,810 516,280
Goodwill 7,927 7,927
Deferred federal and state income taxes, net 69,789 63,690
Other assets, net 15,752 21,491
Total assets 5,170,917 4,523,809
Current Liabilities:    
Accounts payable 1,240,174 860,856
Accrued liabilities, primarily salaries and related costs 470,723 447,336
Contract liabilities 532,289 280,909
Current portion of operating lease liabilities 106,832 99,749
Federal, state and foreign income taxes 25,728 15,562
Total current liabilities 2,375,746 1,704,412
Noncurrent portion of operating lease liabilities 436,001 427,984
Commitments and contingencies
Shareholders’ Equity:    
Preferred stock, none issued 0 0
Common stock, par value $0.01 per share. Issued and outstanding: 139,971 at September 30, 2024 and 143,866 at December 31, 2023 1,400 1,439
Additional paid-in capital 4,307 0
Retained earnings 2,540,978 2,580,968
Accumulated other comprehensive loss (189,978) (192,057)
Total shareholders’ equity 2,356,707 2,390,350
Noncontrolling interest 2,463 1,063
Total equity 2,359,170 2,391,413
Total liabilities and equity $ 5,170,917 $ 4,523,809