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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 485,928 $ 127,210
Accounts receivable and unbilled receivables, net of allowances of $4,286 and $3,227, respectively 190,117 218,362
Inventories 96,298 108,011
Prepaid expenses 16,027 14,478
Other current assets 41,044 15,177
Total current assets 829,414 483,238
Property and equipment, net 59,073 54,246
Long-term investment in sales-type leases, net 22,156 19,750
Operating lease right-of-use assets 55,114 56,130
Goodwill 499,309 336,539
Intangible assets, net 168,211 124,867
Long-term deferred tax assets 15,019 14,142
Prepaid commissions 56,919 48,862
Other long-term assets 119,289 103,036
Total assets 1,824,504 1,240,810
Current liabilities:    
Accounts payable 40,309 46,380
Accrued compensation 55,750 44,155
Accrued liabilities 80,311 55,567
Deferred revenues, net 100,053 90,894
Total current liabilities 276,423 236,996
Long-term deferred revenues 5,673 7,083
Long-term deferred tax liabilities 39,633 39,090
Long-term operating lease liabilities 48,897 50,669
Other long-term liabilities 19,174 11,718
Revolving credit facility 0 50,000
Convertible senior notes, net 467,201 0
Total liabilities 857,001 395,556
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000 shares authorized; no shares issued 0 0
Common stock, $0.001 par value, 100,000 shares authorized; 52,677 and 51,277 shares issued; 42,783 and 42,132 shares outstanding, respectively 53 51
Treasury stock at cost, 9,894 and 9,145 shares outstanding, respectively (238,109) (185,074)
Additional paid-in capital 920,359 780,931
Retained earnings 290,722 258,792
Accumulated other comprehensive loss (5,522) (9,446)
Total stockholders’ equity 967,503 845,254
Total liabilities and stockholders’ equity $ 1,824,504 $ 1,240,810