v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 1,092,464 $ 1,314,285
Accounts receivable, less allowance for credit loss of $7,740 at September 30, 2026 and $7,241 at December 31, 2025 3,086,192 2,021,889
Deferred contract costs 337,095 283,281
Other 125,082 136,167
Total current assets 4,640,833 3,755,622
Property and equipment, less accumulated depreciation and amortization of $659,590 at September 30, 2026 and $651,087 at December 31, 2025 455,607 462,122
Operating lease right-of-use assets 555,204 550,162
Goodwill 7,927 7,927
Deferred income tax asset, net 106,733 101,671
Other assets, net 19,740 16,134
Total assets 5,786,044 4,893,638
Current Liabilities:    
Accounts payable 1,741,797 1,123,429
Accrued expenses 622,207 448,055
Contract liabilities 449,710 358,386
Current portion of operating lease liabilities 115,553 110,891
Federal, state and foreign income taxes payable 49,384 32,046
Total current liabilities 2,978,651 2,072,807
Noncurrent portion of operating lease liabilities 460,282 459,698
Deferred income tax liability, net 3,376 3,040
Commitments and contingencies
Shareholders’ Equity:    
Common stock, par value $0.01 per share. Issued and outstanding: 129,551 at September 30, 2026 and 133,884 at December 31, 2025 1,296 1,339
Additional paid-in capital 0 0
Retained earnings 2,533,724 2,538,455
Accumulated other comprehensive loss (193,591) (184,161)
Total shareholders’ equity 2,341,429 2,355,633
Noncontrolling interest 2,306 2,460
Total equity 2,343,735 2,358,093
Total liabilities and equity $ 5,786,044 $ 4,893,638