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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 2,297,675 $ 1,307,141
Short-term investments 955,605 1,362,314
Accounts receivable, net 1,193,964 1,016,203
Inventories 971,406 935,631
Prepaid expenses and other current assets 116,195 109,823
Prepaid income taxes 54,151 33,785
Total current assets 5,588,996 4,764,897
INVESTMENTS 76,431 61,443
PROPERTY AND EQUIPMENT, net 890,796 516,897
DEFERRED INCOME TAXES, net 175,003 177,039
GOODWILL 1,417,941 1,417,941
OTHER INTANGIBLE ASSETS, net 1,427,139 1,220,410
OTHER ASSETS 110,216 134,478
Total Assets 9,686,522 8,293,105
CURRENT LIABILITIES:    
Accounts payable 564,379 444,265
Accrued liabilities 183,988 172,991
Accrued promotional allowances 269,061 255,631
Deferred revenue 41,914 43,311
Accrued compensation 87,392 72,463
Income taxes payable 14,955 13,317
Total current liabilities 1,161,689 1,001,978
DEFERRED REVENUE 204,251 223,800
OTHER LIABILITIES 91,838 42,286
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS' EQUITY:    
Common stock - $0.005 par value; 5,000,000 shares authorized; 1,122,592 shares issued and 1,041,571 shares outstanding as of December 31, 2023; 1,283,688 shares issued and 1,044,600 shares outstanding as of December 31, 2022 5,613 6,418
Additional paid-in capital 4,975,115 4,776,804
Retained earnings 5,939,736 9,001,173
Accumulated other comprehensive loss (125,337) (159,073)
Common stock in treasury, at cost; 81,021 shares and 239,088 shares as of December 31, 2023 and December 31, 2022, respectively (2,566,383) (6,600,281)
Total stockholders' equity 8,228,744 7,025,041
Total Liabilities and Stockholders' Equity $ 9,686,522 $ 8,293,105