v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 2,092,101 $ 1,938,606
Marketable securities 3,357,597 3,069,362
Accounts receivable, net 1,090,041 1,024,569
Inventories 2,025,204 1,945,180
Prepaid expenses and other current assets 361,340 412,518
Total current assets 8,926,283 8,390,235
Property and equipment, net 97,949 101,580
Acquisition-related intangible assets, net 82,078 88,768
Goodwill 268,531 268,531
Deferred tax assets 1,025,861 945,792
Other assets 149,477 151,900
TOTAL ASSETS 10,550,179 9,946,806
CURRENT LIABILITIES:    
Accounts payable 223,305 435,059
Accrued liabilities 270,586 407,302
Deferred revenue 997,914 915,204
Other current liabilities 291,259 152,041
Total current liabilities 1,783,064 1,909,606
Income taxes payable 107,179 95,751
Deferred revenue, non-current 665,328 591,000
Other long-term liabilities 132,293 131,390
TOTAL LIABILITIES 2,687,864 2,727,747
Commitments and contingencies (Note 5)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value—100,000 shares authorized and no shares issued and outstanding as of March 31, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value—1,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 313,601 and 312,245 shares issued and outstanding as of March 31, 2024 and December 31, 2023 31 31
Additional paid-in capital 2,185,149 2,108,331
Retained earnings 5,689,064 5,114,025
Accumulated other comprehensive income (loss) (11,929) (3,328)
TOTAL STOCKHOLDERS’ EQUITY 7,862,315 7,219,059
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 10,550,179 $ 9,946,806