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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 489,468 $ 542,337
Marketable securities 374,971 562,979
Accounts receivable, net of reserves of $3,469 and $5,917 at December 31, 2023 and 2022, respectively 724,302 679,206
Prepaid expenses and other current assets 216,114 185,040
Total current assets 1,804,855 1,969,562
Marketable securities 1,431,354 320,531
Property and equipment, net 1,825,944 1,540,182
Operating lease right-of-use assets 908,634 813,372
Acquired intangible assets, net 536,143 441,716
Goodwill 2,850,470 2,763,838
Deferred income tax assets 418,297 337,677
Other assets 124,340 116,522
Total assets 9,900,037 8,303,400
Current liabilities:    
Accounts payable 146,927 145,420
Accrued expenses 352,181 367,017
Deferred revenue 107,544 105,109
Operating lease liabilities 222,944 196,094
Other current liabilities 6,442 5,228
Total current liabilities 836,038 818,868
Deferred revenue 23,006 22,117
Deferred income tax liabilities 24,622 18,400
Convertible senior notes 3,538,229 2,285,258
Operating lease liabilities 774,806 693,265
Other liabilities 106,181 105,305
Total liabilities 5,302,882 3,943,213
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; 151,232,908 and 156,494,816 shares issued and outstanding at December 31, 2023 and 2022, respectively 1,512 1,565
Additional paid-in capital 2,222,993 2,578,603
Accumulated other comprehensive loss (95,330) (140,332)
Retained earnings 2,467,980 1,920,351
Total stockholders’ equity 4,597,155 4,360,187
Total liabilities and stockholders’ equity $ 9,900,037 $ 8,303,400