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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 570,628 $ 467,972
Accounts receivable and unbilled receivables, net of allowances of $7,103 and $5,564, respectively 251,764 252,025
Inventories 95,059 110,099
Prepaid expenses 28,884 25,966
Other current assets 64,927 71,509
Total current assets 1,011,262 927,571
Property and equipment, net 111,744 108,601
Long-term investment in sales-type leases, net 50,575 42,954
Operating lease right-of-use assets 25,312 24,988
Goodwill 737,169 735,810
Intangible assets, net 193,969 211,173
Long-term deferred tax assets 42,093 32,901
Prepaid commissions 49,730 52,414
Other long-term assets 81,734 90,466
Total assets 2,303,588 2,226,878
Current liabilities:    
Accounts payable 47,810 45,028
Accrued compensation 45,090 51,754
Accrued liabilities 144,253 149,276
Deferred revenues 152,367 121,734
Convertible senior notes, net 571,997 0
Total current liabilities 961,517 367,792
Long-term deferred revenues 69,811 58,622
Long-term deferred tax liabilities 1,411 1,620
Long-term operating lease liabilities 31,524 33,910
Other long-term liabilities 7,997 6,318
Convertible senior notes, net 0 569,662
Total liabilities 1,072,260 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; 56,596 and 55,822 shares issued; 46,313 and 45,539 shares outstanding, respectively 57 56
Treasury stock at cost, 10,283 shares outstanding, respectively (290,319) (290,319)
Additional paid-in capital 1,164,847 1,122,292
Retained earnings 367,046 370,357
Accumulated other comprehensive loss (10,303) (13,432)
Total stockholders’ equity 1,231,328 1,188,954
Total liabilities and stockholders’ equity $ 2,303,588 $ 2,226,878