XML 22 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 288,748 $ 473,244
Marketable securities 1,406,286 1,139,599
Accounts receivable, net of allowances of $2,502 and $979 at December 31, 2023 and December 31, 2022, respectively 445,959 440,896
Inventory 213,595 149,708
Prepaid expenses and other assets 88,930 60,824
Total current assets 2,443,518 2,264,271
Property and equipment, net 168,244 111,367
Operating lease, right of use asset, net 19,887 21,379
Intangible assets, net 68,536 99,541
Goodwill 214,562 213,559
Other assets 215,895 169,291
Deferred tax assets, net 252,370 204,872
Total assets 3,383,012 3,084,280
Current liabilities:    
Accounts payable 116,164 125,085
Accrued liabilities 261,919 295,939
Deferred revenues, current 118,300 90,747
Warranty obligations, current 36,066 35,556
Debt, current 0 90,892
Total current liabilities 532,449 638,219
Long-term liabilities:    
Deferred revenues, non-current 369,172 281,613
Warranty obligations, non-current 153,021 95,890
Other liabilities 51,008 43,520
Debt, non-current 1,293,738 1,199,465
Total liabilities 2,399,388 2,258,707
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Common stock, $0.00001 par value, 300,000 shares authorized; and 135,722 shares and 136,441 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively 1 1
Additional paid-in capital 939,338 819,119
Accumulated earnings 46,273 17,335
Accumulated other comprehensive loss (1,988) (10,882)
Total stockholders’ equity 983,624 825,573
Total liabilities and stockholders’ equity $ 3,383,012 $ 3,084,280