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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 253,652 $ 288,748
Marketable securities 1,375,941 1,406,286
Accounts receivable, net of allowances of $1,739 and $2,502 at March 31, 2024 and December 31, 2023, respectively 364,364 445,959
Inventory 207,893 213,595
Prepaid expenses and other assets 100,721 88,930
Total current assets 2,302,571 2,443,518
Property and equipment, net 158,303 168,244
Operating lease, right of use asset, net 19,875 19,887
Intangible assets, net 62,625 68,536
Goodwill 213,625 214,562
Other assets 214,119 215,895
Deferred tax assets, net 261,862 252,370
Total assets 3,232,980 3,383,012
Current liabilities:    
Accounts payable 71,751 116,164
Accrued liabilities 234,391 261,919
Deferred revenues, current 119,821 118,300
Warranty obligations, current 30,868 36,066
Debt, current 97,264 0
Total current liabilities 554,095 532,449
Long-term liabilities:    
Deferred revenues, non-current 359,300 369,172
Warranty obligations, non-current 146,296 153,021
Other liabilities 51,962 51,008
Debt, non-current 1,198,604 1,293,738
Total liabilities 2,310,257 2,399,388
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Common stock, $0.00001 par value, 300,000 shares authorized; and 135,989 shares and 135,722 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 1 1
Additional paid-in capital 941,315 939,338
Accumulated earnings (deficit) (11,820) 46,273
Accumulated other comprehensive loss (6,773) (1,988)
Total stockholders’ equity 922,723 983,624
Total liabilities and stockholders’ equity $ 3,232,980 $ 3,383,012