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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,052,275 $ 912,460
Short-term investments 246,299 319,951
Accounts receivable, net of allowances of $3,422 and $6,618, respectively 332,600 509,826
Contract assets, net 60,196 60,343
Prepaid expenses and other current assets 243,053 184,939
Total current assets 1,934,423 1,987,519
Property and equipment, net 137,365 138,999
Operating lease right-of-use-assets 53,490 48,438
Goodwill 2,391,833 2,326,831
Deferred tax assets 19,025 18,267
Other assets 203,511 203,393
Total assets 5,254,719 5,279,532
Current liabilities:    
Accounts payable 20,767 27,155
Accrued liabilities 54,236 57,696
Accrued compensation and related expenses 103,673 148,248
Current operating lease liabilities 14,060 13,686
Current portion of long-term debt 18,750 18,750
Income taxes payable 2,957 5,815
Deferred revenue 746,839 819,367
Total current liabilities 961,282 1,090,717
Long-term operating lease liabilities 42,665 37,771
Long-term deferred revenue 11,180 13,910
Long-term debt, net 1,782,706 1,790,401
Deferred tax liabilities 5,998 7,828
Long-term income taxes payable 27,528 24,276
Other liabilities 38,823 7,315
Total liabilities 2,870,182 2,972,218
Commitments and contingencies
Stockholders’ equity:    
Additional paid-in-capital 3,690,869 3,670,371
Accumulated other comprehensive loss (7,350) (67,383)
Accumulated deficit (1,302,029) (1,298,710)
Total stockholders’ equity 2,384,537 2,307,314
Total liabilities and stockholders’ equity 5,254,719 5,279,532
Customer relationships    
Current assets:    
Intangible assets, net 510,199 550,404
Other intangible    
Current assets:    
Intangible assets, net 4,873 5,681
Class A Common Stock    
Stockholders’ equity:    
Common stock, value, issued 2,607 2,596
Class B-1 Common Stock    
Stockholders’ equity:    
Common stock, value, issued 440 440
Class B-2 Common Stock    
Stockholders’ equity:    
Common stock, value, issued $ 0 $ 0