v3.24.2.u1
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 797,875 $ 387,987
Short-term investments 937,830 1,000,245
Accounts receivable - net of allowance for doubtful accounts of $4,903 at June 30, 2024 and $5,516 at December 31, 2023 269,908 295,303
Deferred commission expense 119,558 99,326
Prepaid expenses and other current assets 111,033 88,679
Total current assets 2,236,204 1,871,540
Long-term investments 209,992 325,703
Property and equipment, net 105,886 103,331
Capitalized software development costs, net 132,026 106,229
Right-of-use assets 228,406 251,071
Deferred commission expense, net of current portion 138,636 122,194
Other assets 93,866 75,247
Intangible assets, net 37,421 42,316
Goodwill 173,565 173,761
Total assets 3,356,002 3,071,392
Current liabilities:    
Accounts payable 4,115 9,106
Accrued compensation costs 61,206 53,462
Accrued commissions 78,657 78,169
Accrued expenses and other current liabilities 95,078 94,074
Operating lease liabilities 32,886 35,047
Convertible senior notes 457,196  
Deferred revenue 708,113 672,150
Total current liabilities 1,437,251 942,008
Operating lease liabilities, net of current portion 273,137 296,561
Deferred revenue, net of current portion 4,606 5,810
Other long-term liabilities 40,109 36,459
Convertible senior notes   456,206
Total liabilities 1,755,103 1,737,044
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Common stock 51 50
Additional paid-in capital 2,418,608 2,136,908
Accumulated other comprehensive (loss) income (4,822) 1,827
Accumulated deficit (812,938) (804,437)
Total stockholders’ equity 1,600,899 1,334,348
Total liabilities and stockholders’ equity $ 3,356,002 $ 3,071,392