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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 459,907 $ 542,337
Marketable securities 479,355 562,979
Accounts receivable, net of reserves of $6,087 and $5,917 at September 30, 2023, and December 31, 2022, respectively 713,382 679,206
Prepaid expenses and other current assets 214,737 185,040
Total current assets 1,867,381 1,969,562
Marketable securities 1,208,797 320,531
Property and equipment, net 1,786,355 1,540,182
Operating lease right-of-use assets 883,686 813,372
Acquired intangible assets, net 465,203 441,716
Goodwill 2,843,020 2,763,838
Deferred income tax assets 405,251 337,677
Other assets 122,395 116,522
Total assets 9,582,088 8,303,400
Current liabilities:    
Accounts payable 144,466 145,420
Accrued expenses 329,354 367,017
Deferred revenue 124,394 105,109
Operating lease liabilities 205,090 196,094
Other current liabilities 7,187 5,228
Total current liabilities 810,491 818,868
Deferred revenue 26,991 22,117
Deferred income tax liabilities 20,935 18,400
Convertible senior notes 3,536,342 2,285,258
Operating lease liabilities 760,653 693,265
Other liabilities 102,472 105,305
Total liabilities 5,257,884 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; 158,262,004 shares issued and 150,955,849 shares outstanding at September 30, 2023, and 156,494,816 shares issued and outstanding at December 31, 2022 1,583 1,565
Additional paid-in capital 2,756,910 2,578,603
Accumulated other comprehensive loss (137,472) (140,332)
Treasury stock, at cost, 7,306,155 shares at September 30, 2023, and no shares at December 31, 2022 (603,632) 0
Retained earnings 2,306,815 1,920,351
Total stockholders’ equity 4,324,204 4,360,187
Total liabilities and stockholders’ equity $ 9,582,088 $ 8,303,400