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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 1,728,692 $ 1,527,791
Accounts receivable, net 3,810,286 1,998,055
Deferred contract costs 987,266 327,448
Other 108,801 110,250
Total current assets 6,635,045 3,963,544
Property and equipment, net 487,870 506,425
Operating lease right-of-use assets 459,158 432,723
Goodwill 7,927 7,927
Deferred federal and state income taxes, net 729  
Other assets, net 19,200 16,884
Total assets 7,609,929 4,927,503
Current Liabilities:    
Accounts payable 2,012,461 1,136,859
Accrued expenses, primarily salaries and related costs 403,625 257,021
Contract liabilities 1,142,026 379,722
Current portion of operating lease liabilities 82,019 74,004
Federal, state and foreign income taxes 86,166 45,437
Total current liabilities 3,726,297 1,893,043
Noncurrent portion of operating lease liabilities 385,641 364,185
Deferred federal and state income taxes, net   7,048
Commitments and contingencies
Shareholders’ Equity:    
Preferred stock, par value $0.01 per share, authorized 2,000 shares; none issued
Common stock, par value $0.01 per share, authorized 640,000. Issued and outstanding: 167,210 shares and 169,294 shares at December 31, 2021 and 2020, respectively 1,672 1,693
Additional paid-in capital 3,160 157,496
Retained earnings 3,620,008 2,600,201
Accumulated other comprehensive loss (130,414) (99,753)
Total shareholders’ equity 3,494,426 2,659,637
Noncontrolling interest 3,565 3,590
Total equity 3,497,991 2,663,227
Total liabilities and equity $ 7,609,929 $ 4,927,503