XML 66 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,070,731 $ 1,100,416
Accounts receivable, less allowance of $5,097 and $5,709 as of December 31, 2019 and December 31, 2018, respectively 92,240 89,192
Prepaid expenses and other current assets 36,194 23,690
Total current assets 1,199,165 1,213,298
Long-term investments 10,070 10,070
Deferred income taxes, net 5,408 7,469
Lease right-of-use assets 115,084  
Property and equipment, net 107,529 83,303
Goodwill 1,882,020 1,611,535
Intangible assets, net 421,196 288,911
Deferred commission costs, net 89,374 76,031
Deposits and other assets 9,232 7,432
Income tax receivable 14,908 14,908
Total assets 3,853,986 3,312,957
Current liabilities:    
Accounts payable 7,640 6,327
Accrued wages and commissions 53,087 45,588
Accrued expenses 38,680 29,821
Deferred gain on the sale of building 0 2,523
Income taxes payable 10,705 14,288
Deferred rent 0 4,153
Lease liabilities 29,670  
Deferred revenue 67,274 51,459
Total current liabilities 207,056 154,159
Deferred gain on the sale of building 0 13,669
Deferred rent 0 31,944
Deferred income taxes, net 87,096 69,857
Income taxes payable 20,521 17,386
Lease and other long-term liabilities 133,720 4,000
Total liabilities 448,393 291,015
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Preferred stock, $0.01 par value; 2,000 shares authorized; none outstanding 0 0
Common stock, $0.01 par value; 60,000 shares authorized; 36,668 and 36,446 issued and outstanding as of December 31, 2019 and 2018, respectively 366 364
Additional paid-in capital 2,473,338 2,419,812
Accumulated other comprehensive loss (8,585) (11,688)
Retained earnings 940,474 613,454
Total stockholders’ equity 3,405,593 3,021,942
Total liabilities and stockholders’ equity $ 3,853,986 $ 3,312,957