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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 705,729 $ 744,721
Accounts receivable (less allowance for losses and sales adjustments of $18,996 in 2025 and $17,325 in 2024) 559,873 587,634
Short-term investments 101,674 23,257
Prepaid expenses 92,077 65,135
Income tax receivable 0 11,975
Other current assets 7,585 8,057
Total current assets 1,466,938 1,440,779
Accounts receivable, long-term 7,205 7,153
Operating lease right-of-use assets 33,289 31,433
Property and equipment, net 160,972 163,775
Other assets:    
Software development costs, net 75,837 76,117
Goodwill 2,542,017 2,531,653
Other intangibles, net 816,955 831,966
Non-current investments 3,032 10,758
Other non-current assets 85,889 86,381
Total assets 5,192,134 5,180,015
Current liabilities:    
Accounts payable 171,163 156,817
Accrued liabilities 127,578 197,709
Operating lease liabilities 9,281 9,643
Current income tax payable 12,533 0
Deferred revenue 642,379 701,438
Current portion of convertible senior notes due 2026, net 598,366 0
Total current liabilities 1,561,300 1,065,607
Convertible senior notes due 2026, net 0 597,934
Deferred revenue, long-term 22,376 22,376
Deferred income taxes 36,448 47,503
Operating lease liabilities, long-term 32,455 30,791
Other long-term liabilities 26,851 27,382
Total liabilities 1,679,430 1,791,593
Commitments and contingencies 0 0
Shareholders' equity:    
Preferred stock, $10.00 par value; 1,000,000 shares authorized; none issued 0 0
Common stock, $0.01 par value; 100,000,000 shares authorized; 48,147,969 shares issued and outstanding as of March 31, 2025 and December 31, 2024 481 481
Additional paid-in capital 1,581,856 1,539,301
Accumulated other comprehensive loss, net of tax (83) (157)
Retained earnings 1,947,851 1,866,799
Treasury stock, at cost; 5,035,280 and 5,184,092 shares in 2025 and 2024, respectively (17,401) (18,002)
Total shareholders' equity 3,512,704 3,388,422
Total liabilities and shareholders' equity $ 5,192,134 $ 5,180,015