v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,758,155 $ 1,446,743
Short-term investments 70,404 50,774
Accounts receivable, less allowance for doubtful accounts of $15,200 and $16,500, respectively 754,655 1,022,850
Other receivables and current assets 265,618 311,126
Total current assets 2,848,832 2,831,493
Long-term assets:    
Property and equipment, net 92,733 89,646
Operating lease right-of-use assets 100,440 105,122
Goodwill 3,799,809 3,778,128
Other intangible assets, net 694,235 716,244
Other long-term assets 218,145 308,333
Deferred income taxes 226,819 222,465
Total long-term assets 5,132,181 5,219,938
Total assets 7,981,013 8,051,431
Current liabilities:    
Accounts payable 22,249 27,062
Accrued bonuses and commissions 40,613 189,521
Accrued income taxes 34,319 15,105
Other accrued expenses and liabilities 191,604 204,969
Deferred revenue 490,318 504,527
Total current liabilities 779,103 941,184
Long-term liabilities:    
Deferred income taxes 56,027 55,863
Long-term operating lease liabilities 81,799 86,936
Long-term debt 754,287 754,208
Other long-term liabilities 130,322 126,800
Total long-term liabilities 1,022,435 1,023,807
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value; 2,000,000 shares authorized; zero shares issued or outstanding 0 0
Common stock, $0.01 par value; 300,000,000 shares authorized; 95,267,307 shares issued 953 953
Additional paid-in capital 1,757,994 1,790,688
Retained earnings 5,910,899 5,859,034
Treasury stock, at cost: 7,353,480 and 7,731,667 shares, respectively (1,381,128) (1,416,655)
Accumulated other comprehensive loss (109,243) (147,580)
Total stockholders' equity 6,179,475 6,086,440
Total liabilities and stockholders' equity $ 7,981,013 $ 8,051,431