v3.23.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 557,744 $ 783,112
Marketable securities 493,176 241,117
Trade receivables, net of allowances of $6,890 and $3,202, respectively 1,149,820 905,146
Inventories, net 984,194 729,201
Prepaid expenses and other current assets 264,188 241,082
Total current assets 3,449,122 2,899,658
LONG-TERM ASSETS:    
Marketable securities 435,800 645,491
Deferred tax assets, net 49,993 44,153
Property, plant and equipment, net 580,503 543,969
Operating lease right-of-use assets, net 66,387 62,754
Intangible assets, net 43,656 19,929
Goodwill 42,332 31,189
Other Assets, Noncurrent 28,772 18,806
Total long-term assets 1,247,443 1,366,291
Total assets 4,696,565 4,265,949
CURRENT LIABILITIES:    
Trade payables, net 434,602 459,831
Employees and payroll accruals 74,709 85,158
Warranty obligations 146,150 103,975
Deferred revenues and customers advances 28,135 26,641
Accrued expenses and other current liabilities 214,133 214,112
Total current liabilities 897,729 889,717
LONG-TERM LIABILITIES:    
Convertible senior notes, net 625,914 624,451
Warranty obligations 342,437 281,082
Deferred revenues 204,693 186,936
Finance lease liabilities 42,208 45,385
Operating lease liabilities 47,046 46,256
Other long-term liabilities 16,349 15,756
Total long-term liabilities 1,278,647 1,199,866
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS’ EQUITY:    
Common stock of $0.0001 par value - Authorized: 125,000,000 shares as of June 30, 2023 and December 31, 2022; issued and outstanding: 56,556,340 and 56,133,404 shares as of June 30, 2023 and December 31, 2022, respectively 6 6
Additional paid-in capital 1,595,890 1,505,632
Accumulated other comprehensive loss (77,432) (73,109)
Retained earnings 1,001,725 743,837
Total stockholders’ equity 2,520,189 2,176,366
Total liabilities and stockholders’ equity $ 4,696,565 $ 4,265,949