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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 1,976,971 $ 1,728,692
Accounts receivable, less allowance for credit loss of $7,636 at June 30, 2022 and $6,686 at December 31, 2021 3,469,833 3,810,286
Deferred contract costs 745,577 987,266
Other 137,768 108,801
Total current assets 6,330,149 6,635,045
Property and equipment, less accumulated depreciation and amortization of $554,252 at June 30, 2022 and $541,677 at December 31, 2021 495,328 487,870
Operating lease right-of-use assets 491,630 459,158
Goodwill 7,927 7,927
Deferred federal and state income taxes, net 19,413 729
Other assets, net 16,695 19,200
Total assets 7,361,142 7,609,929
Current Liabilities:    
Accounts payable 1,914,979 2,012,461
Accrued liabilities, primarily salaries and related costs 473,644 403,625
Contract liabilities 867,467 1,142,026
Current portion of operating lease liabilities 88,112 82,019
Federal, state and foreign income taxes 66,864 86,166
Total current liabilities 3,411,066 3,726,297
Noncurrent portion of operating lease liabilities 414,813 385,641
Commitments and contingencies
Shareholders’ Equity:    
Preferred stock, none issued 0 0
Common stock, par value $0.01 per share. Issued and outstanding: 162,931 shares at June 30, 2022 and 167,210 shares at December 31, 2021 1,629 1,672
Additional paid-in capital 137 3,160
Retained earnings 3,717,316 3,620,008
Accumulated other comprehensive loss (193,834) (130,414)
Total shareholders’ equity 3,525,248 3,494,426
Noncontrolling interest 10,015 3,565
Total equity 3,535,263 3,497,991
Total liabilities and equity $ 7,361,142 $ 7,609,929