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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 742,521 $ 393,745
Marketable securities 701,515 1,143,249
Accounts receivable, net of reserves of $3,696 and $1,880 at September 30, 2020, and December 31, 2019, respectively 630,406 551,943
Prepaid expenses and other current assets 168,779 142,676
Total current assets 2,243,221 2,231,613
Marketable securities 1,110,058 835,384
Property and equipment, net 1,383,480 1,152,153
Operating lease right-of-use assets 745,089 758,450
Acquired intangible assets, net 184,478 179,431
Goodwill 1,598,919 1,600,265
Deferred income tax assets 97,801 76,528
Other assets 151,347 173,062
Total assets 7,514,393 7,006,886
Current liabilities:    
Accounts payable 114,850 138,946
Accrued expenses 369,815 334,861
Deferred revenue 88,942 71,223
Operating lease liabilities 136,292 139,463
Other current liabilities 7,225 8,843
Total current liabilities 717,124 693,336
Deferred revenue 3,954 4,368
Deferred income tax liabilities 31,946 29,187
Convertible senior notes 1,889,743 1,839,791
Operating lease liabilities 682,623 692,181
Other liabilities 81,386 90,065
Total liabilities 3,406,776 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; 164,062,652 shares issued and 162,799,784 shares outstanding at September 30, 2020, and 162,000,843 shares issued and outstanding at December 31, 2019 1,641 1,620
Additional paid-in capital 3,781,228 3,653,486
Accumulated other comprehensive loss (45,854) (45,144)
Treasury stock, at cost, 1,262,868 shares at September 30, 2020, and no shares at December 31, 2019 (121,078) 0
Retained earnings 491,680 47,996
Total stockholders’ equity 4,107,617 3,657,958
Total liabilities and stockholders’ equity 7,514,393 7,006,886
Accounts receivable reserve $ 3,696 $ 1,880
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 5,000,000 5,000,000
Preferred stock, shares designated as Series A Junior Participating Preferred Stock (in shares) 700,000 700,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 700,000,000 700,000,000
Common stock, shares issued (in shares) 164,062,652 162,000,843
Common stock, shares outstanding (in shares) 162,799,784 162,000,843
Treasury stock (in shares) 1,262,868 0