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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 556,781 $ 467,972
Accounts receivable and unbilled receivables, net of allowances of $6,474 and $5,564, respectively 241,127 252,025
Inventories 93,262 110,099
Prepaid expenses 22,216 25,966
Other current assets 82,282 71,509
Total current assets 995,668 927,571
Property and equipment, net 110,982 108,601
Long-term investment in sales-type leases, net 50,302 42,954
Operating lease right-of-use assets 26,438 24,988
Goodwill 735,351 735,810
Intangible assets, net 199,425 211,173
Long-term deferred tax assets 40,555 32,901
Prepaid commissions 49,882 52,414
Other long-term assets 83,054 90,466
Total assets 2,291,657 2,226,878
Current liabilities:    
Accounts payable 49,747 45,028
Accrued compensation 48,940 51,754
Accrued liabilities 158,119 149,276
Deferred revenues 150,316 121,734
Total current liabilities 407,122 367,792
Long-term deferred revenues 67,931 58,622
Long-term deferred tax liabilities 1,326 1,620
Long-term operating lease liabilities 33,739 33,910
Other long-term liabilities 7,514 6,318
Convertible senior notes, net 571,217 569,662
Total liabilities 1,088,849 1,037,924
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; 56,277 and 55,822 shares issued; 45,994 and 45,539 shares outstanding, respectively 56 56
Treasury stock at cost, 10,283 shares outstanding, respectively (290,319) (290,319)
Additional paid-in capital 1,149,533 1,122,292
Retained earnings 358,416 370,357
Accumulated other comprehensive loss (14,878) (13,432)
Total stockholders’ equity 1,202,808 1,188,954
Total liabilities and stockholders’ equity $ 2,291,657 $ 2,226,878