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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 1,564,734 $ 2,297,675
Short-term investments 0 955,605
Accounts receivable, net 1,362,398 1,193,964
Inventories 834,404 971,406
Prepaid expenses and other current assets 129,303 116,195
Prepaid income taxes 63,458 54,151
Total current assets 3,954,297 5,588,996
INVESTMENTS 0 76,431
PROPERTY AND EQUIPMENT, net 960,962 890,796
DEFERRED INCOME TAXES, net 187,269 175,003
GOODWILL 1,417,941 1,417,941
OTHER INTANGIBLE ASSETS, net 1,433,326 1,427,139
OTHER ASSETS 107,109 110,216
Total Assets 8,060,904 9,686,522
CURRENT LIABILITIES:    
Accounts payable 511,137 564,379
Accrued liabilities 213,905 183,988
Accrued promotional allowances 319,757 269,061
Deferred revenue 44,377 41,914
Accrued compensation 60,357 87,392
Income taxes payable 10,990 14,955
Total current liabilities 1,160,523 1,161,689
DEFERRED REVENUE 192,354 204,251
DEFERRED INCOME TAXES 28,896  
OTHER LIABILITIES 64,068 91,838
LONG-TERM DEBT 748,740  
COMMITMENTS AND CONTINGENCIES (Note 12)
STOCKHOLDERS' EQUITY:    
Common stock - $0.005 par value; 5,000,000 shares authorized; 1,125,330 shares issued and 983,380 shares outstanding as of June 30, 2024; 1,122,592 shares issued and 1,041,571 shares outstanding as of December 31, 2023 5,627 5,613
Additional paid-in capital 5,068,291 4,975,115
Retained earnings 6,807,154 5,939,736
Accumulated other comprehensive loss (182,304) (125,337)
Common stock in treasury, at cost; 141,950 shares and 81,021 shares as of June 30, 2024 and December 31, 2023, respectively (5,832,445) (2,566,383)
Total stockholders' equity 5,866,323 8,228,744
Total Liabilities and Stockholders' Equity $ 8,060,904 $ 9,686,522