CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 451,355 $ 168,858
Short-term deposits 411,687 577,138
Restricted deposits 7,012 925
Marketable securities 456,515 289,927
Trade receivables 30,367 23,670
Prepaid expenses and other current assets 32,877 40,666
Total current assets 1,389,813 1,101,184
LONG-TERM ASSETS:    
Prepaid expenses and other long-term assets 41,554 87,680
Property and equipment, net 50,437 35,863
Marketable securities 387,341 536,877
Intangible assets, net 40,247 19,281
Goodwill 49,300 24,235
Operating lease right-of-use assets 101,095 88,406
Total long-term assets 669,974 792,342
TOTAL ASSETS 2,059,787 1,893,526
CURRENT LIABILITIES:    
Trade payables 114,584 79,881
Employees and payroll accruals 83,251 70,814
Deferred revenues 484,446 409,698
Accrued expenses and other current liabilities 62,816 48,769
Operating lease liabilities 29,201 22,336
Total current liabilities 774,298 631,498
LONG-TERM LIABILITIES:    
Convertible notes, net 922,974 834,440
Long-term deferred revenues 59,966 50,867
Long-term deferred tax liabilities 72,803 15,343
Other long-term liabilities 2,267 0
Long-term operating lease liabilities 81,764 74,187
Total long-term liabilities 1,139,774 974,837
TOTAL LIABILITIES 1,914,072 1,606,335
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:    
Ordinary shares of NIS 0.01 par value - Authorized: 500,000,000 shares at December 31, 2020 and 2021; Issued 56,027,758 and 58,149,325 shares at December 31, 2020 and 2021, respectively; Outstanding: 56,027,758 and 57,254,189 shares at December 31, 2020 and 2021, respectively 111 107
Additional paid-in capital 994,795 862,134
Treasury Shares at cost, 895,136 ordinary shares (199,997) 0
Accumulated other comprehensive income (loss) (1,056) 9,406
Accumulated deficit (648,138) (584,456)
Total shareholders' equity 145,715 287,191
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,059,787 $ 1,893,526