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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 467,717 $ 489,468
Marketable securities 1,206,971 374,971
Accounts receivable, net of reserves of $2,775 and $3,469 at March 31, 2024, and December 31, 2023, respectively 716,638 724,302
Prepaid expenses and other current assets 233,853 216,114
Total current assets 2,625,179 1,804,855
Marketable securities 582,023 1,431,354
Property and equipment, net 1,864,307 1,825,944
Operating lease right-of-use assets 947,049 908,634
Acquired intangible assets, net 512,554 536,143
Goodwill 2,846,535 2,850,470
Deferred income tax assets 430,428 418,297
Other assets 127,531 124,340
Total assets 9,935,606 9,900,037
Current liabilities:    
Accounts payable 134,677 146,927
Accrued expenses 291,986 352,181
Deferred revenue 142,527 107,544
Operating lease liabilities 232,731 222,944
Other current liabilities 7,017 6,442
Total current liabilities 808,938 836,038
Deferred revenue 20,929 23,006
Deferred income tax liabilities 24,977 24,622
Convertible senior notes 3,540,120 3,538,229
Operating lease liabilities 800,107 774,806
Other liabilities 106,768 106,181
Total liabilities 5,301,839 5,302,882
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; 153,553,975 shares issued and 152,411,363 shares outstanding at March 31, 2024, and 151,232,908 shares issued and outstanding at December 31, 2023 1,536 1,512
Additional paid-in capital 2,230,875 2,222,993
Accumulated other comprehensive loss (116,593) (95,330)
Treasury stock, at cost, 1,142,612 shares at March 31, 2024, and no shares at December 31, 2023 (125,449) 0
Retained earnings 2,643,398 2,467,980
Total stockholders’ equity 4,633,767 4,597,155
Total liabilities and stockholders’ equity $ 9,935,606 $ 9,900,037