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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 1,215,970 $ 923,735
Accounts receivable, less allowance for doubtful accounts of $11,853 at September 30, 2019 and $15,345 at December 31, 2018 1,319,032 1,581,530
Deferred contract costs 130,690 159,510
Other 103,521 70,041
Total current assets 2,769,213 2,734,816
Property and equipment, less accumulated depreciation and amortization of $468,059 at September 30, 2019 and $446,977 at December 31, 2018 494,153 504,105
Operating lease right-of-use assets 374,231 0
Goodwill 7,927 7,927
Deferred federal and state income taxes, net 44,351 40,465
Other assets, net 16,578 27,246
Total assets 3,706,453 3,314,559
Current Liabilities:    
Accounts payable 744,002 902,259
Accrued expenses, primarily salaries and related costs 207,752 215,813
Contract liabilities 152,717 190,343
Current portion of operating lease liabilities 61,842 0
Federal, state and foreign income taxes 17,273 18,424
Total current liabilities 1,183,586 1,326,839
Noncurrent portion of operating lease liabilities 313,580 0
Commitments and contingencies 0 0
Shareholders’ Equity:    
Preferred stock, none issued 0 0
Common stock, par value $0.01 per share. Issued and outstanding: 170,243 shares at September 30, 2019 and 171,582 shares at December 31, 2018 1,702 1,716
Additional paid-in capital 23,301 1,896
Retained earnings 2,301,156 2,088,707
Accumulated other comprehensive loss (118,774) (105,481)
Total shareholders’ equity 2,207,385 1,986,838
Noncontrolling interest 1,902 882
Total equity 2,209,287 1,987,720
Total liabilities and equity $ 3,706,453 $ 3,314,559