v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 292,165 $ 196,520
Accounts receivable and unbilled receivables, net of allowances of $6,957 and $8,868, respectively 227,051 216,858
Inventories 96,718 100,905
Prepaid expenses 35,811 33,709
Other current assets 83,641 132,077
Total current assets 735,386 680,069
Property and equipment, net 121,948 120,111
Long-term investment in sales-type leases, net 56,505 60,742
Operating lease right-of-use assets 21,550 24,366
Goodwill 737,201 737,946
Intangible assets, net 160,863 170,105
Long-term deferred tax assets 47,377 58,337
Prepaid commissions 52,372 52,840
Other long-term assets 65,657 70,204
Total assets 1,998,859 1,974,720
Current liabilities:    
Accounts payable 49,780 43,990
Accrued compensation 60,785 57,172
Accrued liabilities 148,502 203,586
Deferred revenues 188,374 171,861
Total current liabilities 447,441 476,609
Long-term deferred revenues 59,517 63,254
Long-term deferred tax liabilities 640 683
Long-term operating lease liabilities 20,308 24,794
Other long-term liabilities 11,145 9,970
Convertible senior notes, net 168,203 167,596
Total liabilities 707,254 742,906
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000 shares authorized; no shares issued 0 0
Common stock, $0.001 par value, 100,000 shares authorized; 58,419 and 57,833 shares issued; 45,613 and 45,027 shares outstanding, respectively 58 58
Treasury stock at cost, 12,806 shares outstanding (368,307) (368,307)
Additional paid-in capital 1,250,382 1,223,977
Retained earnings 420,587 384,940
Accumulated other comprehensive loss (11,115) (8,854)
Total stockholders’ equity 1,291,605 1,231,814
Total liabilities and stockholders’ equity $ 1,998,859 $ 1,974,720