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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 384,103 $ 393,745
Marketable securities 865,168 1,143,249
Accounts receivable, net of reserves of $3,181 and $1,880 at March 31, 2020, and December 31, 2019, respectively 613,809 551,943
Prepaid expenses and other current assets 151,504 142,676
Total current assets 2,014,584 2,231,613
Marketable securities 961,150 835,384
Property and equipment, net 1,180,550 1,152,153
Operating lease right-of-use assets 738,176 758,450
Acquired intangible assets, net 205,486 179,431
Goodwill 1,594,197 1,600,265
Deferred income tax assets 80,037 76,528
Other assets 173,776 173,062
Total assets 6,947,956 7,006,886
Current liabilities:    
Accounts payable 114,100 138,946
Accrued expenses 265,442 334,861
Deferred revenue 99,101 71,223
Operating lease liabilities 141,876 139,463
Other current liabilities 9,728 8,843
Total current liabilities 630,247 693,336
Deferred revenue 4,182 4,368
Deferred income tax liabilities 29,049 29,187
Convertible senior notes 1,856,287 1,839,791
Operating lease liabilities 673,029 692,181
Other liabilities 82,944 90,065
Total liabilities 3,275,738 3,348,928
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; 700,000 shares designated as Series A Junior Participating Preferred Stock; no shares issued or outstanding 0 0
Common stock, $0.01 par value; 700,000,000 shares authorized; 163,047,883 shares issued and 162,176,589 shares outstanding at March 31, 2020, and 162,000,843 shares issued and outstanding at December 31, 2019 1,631 1,620
Additional paid-in capital 3,658,990 3,653,486
Accumulated other comprehensive loss (78,995) (45,144)
Treasury stock, at cost, 871,294 shares at March 31, 2020, and no shares at December 31, 2019 (80,550) 0
Retained earnings 171,142 47,996
Total stockholders’ equity 3,672,218 3,657,958
Total liabilities and stockholders’ equity $ 6,947,956 $ 7,006,886