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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 2,350,794 $ 2,034,131
Accounts receivable, less allowance for credit loss of $8,358 at March 31, 2023 and $9,466 at December 31, 2022 1,604,467 2,107,645
Deferred contract costs 195,670 257,545
Other 106,080 118,696
Total current assets 4,257,011 4,518,017
Property and equipment, less accumulated depreciation and amortization of $577,841 at March 31, 2023 and $567,757 at December 31, 2022 500,482 501,916
Operating lease right-of-use assets 509,019 507,503
Goodwill 7,927 7,927
Deferred federal and state income taxes, net 38,093 37,449
Other assets, net 20,045 17,622
Total assets 5,332,577 5,590,434
Current Liabilities:    
Accounts payable 950,907 1,108,996
Accrued liabilities, primarily salaries and related costs 432,816 479,262
Contract liabilities 244,667 323,101
Current portion of operating lease liabilities 98,469 95,621
Federal, state and foreign income taxes 33,197 47,075
Total current liabilities 1,760,056 2,054,055
Noncurrent portion of operating lease liabilities 422,153 422,844
Commitments and contingencies
Shareholders’ Equity:    
Preferred stock, none issued 0 0
Common stock, par value $0.01 per share. Issued and outstanding: 152,712 shares at March 31,2023 and 154,313 shares at December 31, 2022 1,527 1,543
Additional paid-in capital 0 139
Retained earnings 3,336,140 3,310,892
Accumulated other comprehensive loss (190,498) (202,553)
Total shareholders’ equity 3,147,169 3,110,021
Noncontrolling interest 3,199 3,514
Total equity 3,150,368 3,113,535
Total liabilities and equity $ 5,332,577 $ 5,590,434