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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 1,189,429 $ 923,735
Accounts receivable, less allowance for doubtful accounts of $12,727 at March 31, 2019 and $15,345 at December 31, 2018 1,353,725 1,581,530
Deferred contract costs 131,535 159,510
Other 54,305 70,041
Total current assets 2,728,994 2,734,816
Property and equipment, less accumulated depreciation and amortization of $457,513 at March 31, 2019 and $446,977 at December 31, 2018 500,853 504,105
Operating lease right-of-use assets 349,140 0
Goodwill 7,927 7,927
Deferred federal and state income taxes, net 37,781 40,465
Other assets, net 18,217 27,246
Total assets 3,642,912 3,314,559
Current Liabilities:    
Accounts payable 768,665 902,259
Accrued expenses, primarily salaries and related costs 220,085 215,813
Contract liabilities 157,040 190,343
Current portion of operating lease liabilities 58,635 0
Federal, state and foreign income taxes 23,502 18,424
Total current liabilities 1,227,927 1,326,839
Noncurrent portion of operating lease liabilities 289,551 0
Commitments and contingencies  
Shareholders' Equity:    
Preferred stock, none issued 0 0
Common stock, par value $0.01 per share. Issued and outstanding 171,648 shares at March 31, 2019 and 171,582 shares at December 31, 2018 1,716 1,716
Additional paid-in capital 3,978 1,896
Retained earnings 2,222,562 2,088,707
Accumulated other comprehensive loss (103,986) (105,481)
Total shareholders’ equity 2,124,270 1,986,838
Noncontrolling interest 1,164 882
Total equity 2,125,434 1,987,720
Total liabilities and equity $ 3,642,912 $ 3,314,559