v3.26.3
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 202,190 $ 212,447
Marketable securities 107,521 213,352
Total cash, cash equivalents, and marketable securities 309,711 425,799
Accounts receivable, net 130,121 264,713
Unbilled receivables, net 151,240 166,478
Other current assets 112,807 121,305
Total current assets 703,879 978,295
Long-term unbilled receivables, net 79,355 102,544
Goodwill 81,270 81,506
Long-term deferred income taxes 172,493 175,472
Other long-term assets 293,296 294,027
Total assets 1,330,293 1,631,844
Current liabilities:    
Accounts payable 57,619 12,924
Accrued expenses 77,067 44,847
Accrued compensation and related expenses 91,609 148,797
Deferred revenue 429,469 509,275
Other current liabilities 23,231 21,935
Total current liabilities 678,995 737,778
Long-term operating lease liabilities 54,643 60,825
Other long-term liabilities 47,594 45,860
Total liabilities 781,232 844,463
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred stock, 1,000 shares authorized; none issued 0 0
Common stock, 400,000 shares authorized; 163,580 and 170,347 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively 1,636 1,703
Additional paid-in capital 52,667 330,926
Retained earnings 508,679 463,389
Accumulated other comprehensive (loss) (13,921) (8,637)
Total stockholders’ equity 549,061 787,381
Total liabilities and stockholders’ equity $ 1,330,293 $ 1,631,844