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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 352,917 $ 393,745
Marketable securities 745,156 1,143,249
Accounts receivable, net of reserves of $1,822 and $1,880 at December 31, 2020 and 2019, respectively 660,052 551,943
Prepaid expenses and other current assets 171,406 142,676
Total current assets 1,929,531 2,231,613
Marketable securities 1,398,802 835,384
Property and equipment, net 1,478,272 1,152,153
Operating lease right-of-use assets 793,945 758,450
Acquired intangible assets, net 234,724 179,431
Goodwill 1,674,371 1,600,265
Deferred income tax assets 106,918 76,528
Other assets 147,567 173,062
Total assets 7,764,130 7,006,886
Current liabilities:    
Accounts payable 118,546 138,946
Accrued expenses 380,468 334,861
Deferred revenue 76,600 71,223
Operating lease liabilities 154,801 139,463
Other current liabilities 27,755 8,843
Total current liabilities 758,170 693,336
Deferred revenue 5,262 4,368
Deferred income tax liabilities 37,458 29,187
Convertible senior notes 1,906,707 1,839,791
Operating lease liabilities 715,404 692,181
Other liabilities 89,833 90,065
Total liabilities 3,512,834 3,348,928
Commitments and contingencies (Note 13)
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; 162,709,720 and 162,000,843 shares issued and outstanding at December 31, 2020 and 2019, respectively 1,627 1,620
Additional paid-in capital 3,664,820 3,653,486
Accumulated other comprehensive loss (20,201) (45,144)
Retained earnings 605,050 47,996
Total stockholders’ equity 4,251,296 3,657,958
Total liabilities and stockholders’ equity $ 7,764,130 $ 7,006,886