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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 290,994 $ 186,964
Restricted cash 3,917 3,915
Short-term investments 223,742 313,969
Accounts receivable, net 151,275 154,574
Inventory 230,892 188,864
Prepaid and other current assets 29,696 30,947
Total current assets 930,516 879,233
Property, plant and equipment, net 1,862 2,016
Long-term investments 24,004 62,469
Operating lease right-of-use asset 7,958 8,054
Other long-term assets 456 432
Intangible asset, net 25,456 13,817
TOTAL ASSETS 990,252 966,021
Current Liabilities:    
Accounts payable 94,262 105,876
Accrued expenses and other current liabilities 228,734 198,641
Current deferred revenue 2,773 2,926
Total current liabilities 325,769 307,443
Long-Term Liabilities:    
Long-term deferred revenue 15,197 15,706
Long-term operating lease liability 9,015 9,153
Other long-term liabilities 5,660 6,214
Total liabilities 355,641 338,516
Commitments and contingencies (Note 5)
Stockholders’ Equity:    
Common stock, £0.50 par, unlimited authorized; 401,655,725 shares issued, 394,764,841 shares outstanding as of March 31, 2021; 398,425,000 shares issued, 392,538,081 shares outstanding as of December 31, 2020 292,360 290,115
Additional paid-in capital 1,831,388 1,817,649
Treasury stock; 6,890,884 shares as of March 31, 2021; 5,886,919 shares as of December 31, 2020 (58,334) (51,082)
Accumulated deficit (1,430,803) (1,429,177)
Total stockholders’ equity 634,611 627,505
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 990,252 $ 966,021