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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 2,139,626 $ 1,728,692
Accounts receivable, less allowance for credit loss of $5,677 at March 31, 2022 and $6,686 at December 31, 2021 3,934,856 3,810,286
Deferred contract costs 817,435 987,266
Other 70,812 108,801
Total current assets 6,962,729 6,635,045
Property and equipment, less accumulated depreciation and amortization of $553,048 at March 31, 2022 and $541,677 at December 31, 2021 504,125 487,870
Operating lease right-of-use assets 458,637 459,158
Goodwill 7,927 7,927
Deferred federal and state income taxes, net 5,573 729
Other assets, net 17,002 19,200
Total assets 7,955,993 7,609,929
Current Liabilities:    
Accounts payable 1,980,439 2,012,461
Accrued liabilities, primarily salaries and related costs 607,882 403,625
Contract liabilities 952,370 1,142,026
Current portion of operating lease liabilities 85,076 82,019
Federal, state and foreign income taxes 96,205 86,166
Total current liabilities 3,721,972 3,726,297
Noncurrent portion of operating lease liabilities 384,690 385,641
Commitments and contingencies
Shareholders’ Equity:    
Preferred stock, none issued 0 0
Common stock, par value $0.01 per share. Issued and outstanding: 167,477 shares at March 31, 2022 and 167,210 shares at December 31, 2021 1,675 1,672
Additional paid-in capital 13,343 3,160
Retained earnings 3,965,803 3,620,008
Accumulated other comprehensive loss (137,429) (130,414)
Total shareholders’ equity 3,843,392 3,494,426
Noncontrolling interest 5,939 3,565
Total equity 3,849,331 3,497,991
Total liabilities and equity $ 7,955,993 $ 7,609,929