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Description of the Business and Basis of Presentation (Tables)
6 Months Ended
Jun. 30, 2021
Accounting Policies [Abstract]  
Schedule Of Cash Cash Equivalents And Restricted Cash

Restricted cash is recorded in prepaid expenses and other current assets in the accompanying unaudited condensed consolidated balance sheets. Restricted cash consists primarily of funds received from strategic partners for use in approved marketing and promotional activities.  

 

 

 

June 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

 

 

(In thousands)

 

Cash and cash equivalents

 

$

615,791

 

 

$

433,909

 

Restricted cash, included in prepaid expenses and other current assets

 

 

1,926

 

 

 

1,316

 

Total cash, cash equivalents and restricted cash

 

$

617,717

 

 

$

435,225

 

Deferred Revenue Balances

The following table reflects the Company’s deferred revenue balance as of June 30, 2021 and December 31, 2020:

 

 

 

June 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

 

 

(In thousands)

 

Deferred revenue, including long-term portion

 

$

252,779

 

 

$

144,187

 

Less: Deferred revenue, long-term portion, included in other liabilities

 

 

14,085

 

 

 

13,428

 

Deferred revenue, short-term portion

 

$

238,694

 

 

$

130,759