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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 298,612 $ 542,337
Marketable securities 491,947 562,979
Accounts receivable, net of reserves of $8,038 and $5,917 at June 30, 2023, and December 31, 2022, respectively 698,445 679,206
Prepaid expenses and other current assets 229,468 185,040
Total current assets 1,718,472 1,969,562
Marketable securities 249,211 320,531
Property and equipment, net 1,746,081 1,540,182
Operating lease right-of-use assets 884,687 813,372
Acquired intangible assets, net 437,257 441,716
Goodwill 2,848,467 2,763,838
Deferred income tax assets 337,034 337,677
Other assets 124,756 116,522
Total assets 8,345,965 8,303,400
Current liabilities:    
Accounts payable 194,493 145,420
Accrued expenses 269,265 367,017
Deferred revenue 138,608 105,109
Revolving credit facility 20,000 0
Operating lease liabilities 217,224 196,094
Other current liabilities 21,184 5,228
Total current liabilities 860,774 818,868
Deferred revenue 27,149 22,117
Deferred income tax liabilities 18,839 18,400
Convertible senior notes 2,287,481 2,285,258
Operating lease liabilities 758,302 693,265
Other liabilities 104,253 105,305
Total liabilities 4,056,798 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; 157,982,228 shares issued and 151,790,861 shares outstanding at June 30, 2023, and 156,494,816 shares issued and outstanding at December 31, 2022 1,580 1,565
Additional paid-in capital 2,751,681 2,578,603
Accumulated other comprehensive loss (119,964) (140,332)
Treasury stock, at cost, 6,191,367 shares at June 30, 2023, and no shares at December 31, 2022 (490,403) 0
Retained earnings 2,146,273 1,920,351
Total stockholders’ equity 4,289,167 4,360,187
Total liabilities and stockholders’ equity $ 8,345,965 $ 8,303,400