v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 517,387 $ 853,836
Short-term investments 0 350,000
Accounts receivable, net of allowance for credit losses of $21,220 and $22,097 as of June 30, 2026 and December 31, 2025, respectively 1,402,815 1,240,550
Prepaid expenses and other current assets 250,552 211,981
Total current assets 2,170,754 2,656,367
Property, plant and equipment, net 184,437 190,448
Operating lease right-of-use assets 197,788 181,708
Deferred tax assets 255,068 258,789
Intangible assets, net 73,273 67,040
Goodwill 1,768,862 1,781,116
Contract cost assets 189,393 197,419
Other assets, net of allowance for credit losses of $13,438 and $10,659 as of June 30, 2026 and December 31, 2025, respectively 573,521 510,380
Total assets 5,413,096 5,843,267
Current liabilities    
Current portion of long-term debt 26,201 376,027
Accounts payable 16,093 27,533
Income taxes payable 51,789 43,074
Accrued expenses and other current liabilities 930,964 1,103,625
Operating lease liabilities 62,717 52,221
Total current liabilities 1,087,764 1,602,480
Long-term debt, less current portion 1,154,056 1,166,274
Operating lease liabilities 154,415 150,667
Deferred tax liabilities 10,645 21,081
Other liabilities 401,419 353,364
Total liabilities 2,808,299 3,293,866
Shareholders' equity    
Preferred shares, $0.01 par value, 250,000,000 authorized, none issued 0 0
Common shares, $0.01 par value, 500,000,000 authorized, 168,028,805 and 170,341,479 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 1,673 1,696
Additional paid-in capital 2,050,128 2,018,985
Retained earnings 1,500,595 1,390,164
Accumulated other comprehensive income (loss) (947,599) (861,444)
Total equity 2,604,797 2,549,401
Commitments and contingencies
Total liabilities and equity $ 5,413,096 $ 5,843,267