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Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2018
Accounting Policies [Abstract] |
Cumulative Effect of the Changes to Financial Statements for the adoption of the New Revenue Standard | The cumulative effects of the changes made to our consolidated balance sheet as of January 1, 2018, in connection with the adoption of the New Revenue Standard were as follows (in thousands): ໿ ໿
﻿ | Condensed Consolidated Balance Sheet
﻿ |  |  |  |  |
﻿ | Previous U.S. GAAP December 31, 2017 (Reported) |  | New U.S. GAAP January 1, 2018 |  | Attributed to the New Revenue Standard
﻿ |  |  |  |  |  |
ASSETS |  |  |  |  |  |
Cash, cash equivalents and marketable securities | $ | 471,930 |  |  | $ | 471,930 |  |  | $ | — |
Accounts receivable | 234,597 |  |  | 237,281 |  |  | 2,684 |
Inventories | 164,318 |  |  | 163,184 |  |  | (1,134 | )
Property and equipment, net | 379,096 |  |  | 379,096 |  |  | — |
Goodwill and intangible assets, net | 243,719 |  |  | 243,719 |  |  | — |
Other assets | 219,756 |  |  | 246,481 |  |  | 26,725 |
TOTAL ASSETS | $ | 1,713,416 |  |  | $ | 1,741,691 |  |  | $ | 28,275 |
﻿ |  |  |  |  |
LIABILITIES AND STOCKHOLDERS’ DEFICIT |  |  |  |  |
Accounts payable | $ | 66,968 |  |  | $ | 66,968 |  |  | $ | — |
Accrued liabilities | 253,418 |  |  | 254,381 |  |  | 963 |
Deferred income tax liabilities | 25,353 |  |  | 25,087 |  |  | (266 | )
Line of credit and long-term debt | 1,261,075 |  |  | 1,261,075 |  |  | — |
Deferred revenue | 64,726 |  |  | 110,158 |  |  | 45,432 |
Other long-term liabilities | 95,718 |  |  | 82,840 |  |  | (12,878 | )
Total liabilities | 1,767,258 |  |  | 1,800,509 |  |  | 33,251 |
﻿ |  |  |  |  |
Stockholders’ Deficit: |  |  |  |  |
Retained earnings | 803,545 |  |  | 798,569 |  |  | (4,976 | )
All other stockholders' deficit and noncontrolling interest | (857,387 | ) |  | (857,387 | ) |  | — |
Total stockholders’ deficit | (53,842 | ) |  | (58,818 | ) |  | (4,976 | )
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT | $ | 1,713,416 |  |  | $ | 1,741,691 |  |  | $ | 28,275 |
The following tables compare the reported unaudited condensed consolidated balance sheet, statement of operations and cash flows, as of and for the three and six months ended June 30, 2018, to the balances without the adoption of ASC 606 ("previous U.S. GAAP") (in thousands): ໿ ໿
﻿ | Condensed Consolidated Balance Sheet
﻿ | As of June 30, 2018
﻿ |  |  |  |  |
﻿ | Previous U.S. GAAP |  | New U.S. GAAP (As Reported) |  | Attributed to the New Revenue Standard
﻿ |  |  |  |  |  |
ASSETS |  |  |  |  |  |
Cash and cash equivalents | $ | 174,559 |  |  | $ | 174,559 |  |  | $ | — |
Accounts receivable | 262,420 |  |  | 265,012 |  |  | 2,592 |
Inventories | 178,187 |  |  | 176,487 |  |  | (1,700 | )
Property and equipment, net | 394,021 |  |  | 394,021 |  |  | — |
Goodwill and intangible assets, net | 235,010 |  |  | 235,010 |  |  | — |
Other assets | 238,682 |  |  | 275,596 |  |  | 36,914 |
TOTAL ASSETS | $ | 1,482,879 |  |  | $ | 1,520,685 |  |  | $ | 37,806 |
﻿ |  |  |  |  |
LIABILITIES AND STOCKHOLDERS’ DEFICIT |  |  |  |  |
Accounts payable | $ | 68,015 |  |  | $ | 68,015 |  |  | $ | — |
Accrued liabilities | 228,095 |  |  | 228,380 |  |  | 285 |
Deferred income tax liabilities | 35,470 |  |  | 35,459 |  |  | (11 | )
Line of credit and long-term debt | 1,040,130 |  |  | 1,040,130 |  |  | — |
Deferred revenue | 64,061 |  |  | 106,283 |  |  | 42,222 |
Other long-term liabilities | 92,290 |  |  | 83,267 |  |  | (9,023 | )
Total liabilities | 1,528,061 |  |  | 1,561,534 |  |  | 33,473 |
﻿ |  |  |  |  |
Stockholders’ Deficit: |  |  |  |  |
Retained earnings | 984,736 |  |  | 989,039 |  |  | 4,303 |
Accumulated other comprehensive income (loss) | (42,589 | ) |  | (42,559 | ) |  | 30 |
All other stockholders' deficit and noncontrolling interest | (987,329 | ) |  | (987,329 | ) |  | — |
Total stockholders’ deficit | (45,182 | ) |  | (40,849 | ) |  | 4,333 |
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT | $ | 1,482,879 |  |  | $ | 1,520,685 |  |  | $ | 37,806 |
໿
﻿ | Condensed Consolidated Statement of Operations
﻿ | For the Three Months Ended June 30, 2018 |  | For the Six Months Ended June 30, 2018
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Previous U.S. GAAP |  | New U.S. GAAP (As Reported) |  | Attributed to the New Revenue Standard |  | Previous U.S. GAAP |  | New U.S. GAAP (As Reported) |  | Attributed to the New Revenue Standard
﻿ |  |  |  |  |  |  |  |  |  |  |
Total revenue | $ | 565,879 |  |  | $ | 580,752 |  |  | $ | 14,873 |  |  | $ | 1,091,248 |  |  | $ | 1,118,408 |  |  | $ | 27,160 |
Total cost of revenue | 239,491 |  |  | 248,313 |  |  | 8,822 |  |  | 467,456 |  |  | 482,870 |  |  | 15,414 |
Gross profit | 326,388 |  |  | 332,439 |  |  | 6,051 |  |  | 623,792 |  |  | 635,538 |  |  | 11,746 |
﻿ |  |  |  |  |  |  |  |  |  |  |
Total operating expense | 187,321 |  |  | 186,845 |  |  | (476 | ) |  | 377,947 |  |  | 376,900 |  |  | (1,047 | )
Income from operations | 139,067 |  |  | 145,594 |  |  | 6,527 |  |  | 245,845 |  |  | 258,638 |  |  | 12,793 |
Interest expense | (8,457 | ) |  | (8,457 | ) |  | — |  |  | (17,731 | ) |  | (17,731 | ) |  | — |
Interest income | 437 |  |  | 172 |  |  | (265 | ) |  | 1,299 |  |  | 751 |  |  | (548 | )
Income before provision for income taxes | 131,047 |  |  | 137,309 |  |  | 6,262 |  |  | 229,413 |  |  | 241,658 |  |  | 12,245 |
Provision for income taxes | 27,107 |  |  | 28,629 |  |  | 1,522 |  |  | 40,536 |  |  | 43,502 |  |  | 2,966 |
Net income | $ | 103,940 |  |  | $ | 108,680 |  |  | $ | 4,740 |  |  | $ | 188,877 |  |  | $ | 198,156 |  |  | $ | 9,279 |
໿ ໿
﻿ | Condensed Consolidated Statement of Cash Flows
﻿ | For the Six Months Ended June 30, 2018
﻿ |  |  |  |  |
﻿ | Previous U.S. GAAP |  | New U.S. GAAP (As Reported) |  | Attributed to the New Revenue Standard
Cash Flows from Operating Activities: |  |  |  |  |  |
Net income | $ | 188,877 |  |  | $ | 198,156 |  |  | $ | 9,279 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |
Benefit of deferred income taxes | 6,218 |  |  | 8,638 |  |  | 2,420 |
All other adjustments to reconcile net income to net cash provided by operating activities | 55,661 |  |  | 55,661 |  |  | — |
Changes in assets and liabilities, net | (97,028 | ) |  | (108,727 | ) |  | (11,699 | )
Net cash provided by operating activities | $ | 153,728 |  |  | $ | 153,728 |  |  | $ | — |

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