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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 298,800 $ 542,337
Marketable securities 453,113 562,979
Accounts receivable, net of reserves of $5,557 and $5,917 at March 31, 2023, and December 31, 2022, respectively 705,817 679,206
Prepaid expenses and other current assets 239,981 185,040
Total current assets 1,697,711 1,969,562
Marketable securities 298,699 320,531
Property and equipment, net 1,654,608 1,540,182
Operating lease right-of-use assets 850,282 813,372
Acquired intangible assets, net 432,233 441,716
Goodwill 2,781,859 2,763,838
Deferred income tax assets 334,733 337,677
Other assets 133,208 116,522
Total assets 8,183,333 8,303,400
Current liabilities:    
Accounts payable 202,129 145,420
Accrued expenses 256,924 367,017
Deferred revenue 140,927 105,109
Operating lease liabilities 205,055 196,094
Other current liabilities 31,218 5,228
Total current liabilities 836,253 818,868
Deferred revenue 23,754 22,117
Deferred income tax liabilities 20,439 18,400
Convertible senior notes 2,286,369 2,285,258
Operating lease liabilities 735,808 693,265
Other liabilities 109,369 105,305
Total liabilities 4,011,992 3,943,213
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; 157,299,369 shares issued and 152,743,828 shares outstanding at March 31, 2023, and 156,494,816 shares issued and outstanding at December 31, 2022 1,573 1,565
Additional paid-in capital 2,625,244 2,578,603
Accumulated other comprehensive loss (121,161) (140,332)
Treasury stock, at cost, 4,555,541 shares at March 31, 2023, and no shares at December 31, 2022 (351,772) 0
Retained earnings 2,017,457 1,920,351
Total stockholders’ equity 4,171,341 4,360,187
Total liabilities and stockholders’ equity $ 8,183,333 $ 8,303,400