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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 1,674,121 $ 1,527,791
Accounts receivable, less allowance for credit loss of $6,104 at June 30, 2021 and $5,579 at December 31, 2020 2,647,516 1,998,055
Deferred contract costs 534,692 327,448
Other 128,933 110,250
Total current assets 4,985,262 3,963,544
Property and equipment, less accumulated depreciation and amortization of $534,790 at June 30, 2021 and $516,988 at December 31, 2020 499,282 506,425
Operating lease right-of-use assets 443,708 432,723
Goodwill 7,927 7,927
Other assets, net 16,992 16,884
Total assets 5,953,171 4,927,503
Current Liabilities:    
Accounts payable 1,408,572 1,136,859
Accrued expenses, primarily salaries and related costs 319,696 257,021
Contract liabilities 619,140 379,722
Current portion of operating lease liabilities 80,210 74,004
Federal, state and foreign income taxes 57,608 45,437
Total current liabilities 2,485,226 1,893,043
Noncurrent portion of operating lease liabilities 370,333 364,185
Deferred federal and state income taxes, net 13,961 7,048
Commitments and contingencies
Shareholders’ Equity:    
Preferred stock, none issued 0 0
Common stock, par value $0.01 per share. Issued and outstanding: 169,169 shares at June 30, 2021 and 169,294 shares at December 31, 2020 1,692 1,693
Additional paid-in capital 79,357 157,496
Retained earnings 3,104,471 2,600,201
Accumulated other comprehensive loss (106,066) (99,753)
Total shareholders’ equity 3,079,454 2,659,637
Noncontrolling interest 4,197 3,590
Total equity 3,083,651 2,663,227
Total liabilities and equity $ 5,953,171 $ 4,927,503