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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 2,034,131 $ 1,728,692
Accounts receivable, net 2,107,645 3,810,286
Deferred contract costs 257,545 987,266
Other 118,696 108,801
Total current assets 4,518,017 6,635,045
Property and equipment, net 501,916 487,870
Operating lease right-of-use assets 507,503 459,158
Goodwill 7,927 7,927
Deferred federal and state income taxes, net 37,449 729
Other assets, net 17,622 19,200
Total assets 5,590,434 7,609,929
Current Liabilities:    
Accounts payable 1,108,996 2,012,461
Accrued expenses, primarily salaries and related costs 479,262 403,625
Contract liabilities 323,101 1,142,026
Current portion of operating lease liabilities 95,621 82,019
Federal, state and foreign income taxes 47,075 86,166
Total current liabilities 2,054,055 3,726,297
Noncurrent portion of operating lease liabilities 422,844 385,641
Commitments and contingencies
Shareholders’ Equity:    
Preferred stock, par value $0.01 per share, authorized 2,000 shares; none issued 0 0
Common stock, par value $0.01 per share, authorized 640,000. Issued and outstanding: 154,313 shares and 167,210 shares at December 31, 2022 and 2021, respectively 1,543 1,672
Additional paid-in capital 139 3,160
Retained earnings 3,310,892 3,620,008
Accumulated other comprehensive loss (202,553) (130,414)
Total shareholders’ equity 3,110,021 3,494,426
Noncontrolling interest 3,514 3,565
Total equity 3,113,535 3,497,991
Total liabilities and equity $ 5,590,434 $ 7,609,929