ALIGN TECHNOLOGY INC
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
ALGN$174.260.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $937,438 | $942,050 |
| Marketable securities, short-term | 35,304 | 57,534 |
| Accounts receivable, net of allowance for doubtful accounts of $14,893 and $10,343, respectively | 903,424 | 859,685 |
| Inventories | 296,902 | 338,752 |
| Prepaid expenses and other current assets | 273,550 | 226,370 |
| Total current assets | 2,446,618 | 2,424,391 |
| Marketable securities, long-term | 8,022 | 41,978 |
| Property, plant and equipment, net | 1,290,863 | 1,231,855 |
| Operating lease right-of-use assets, net | 117,999 | 118,880 |
| Goodwill | 419,530 | 407,551 |
| Intangible assets, net | 82,118 | 95,720 |
| Deferred tax assets | 1,590,045 | 1,571,746 |
| Other assets | 128,682 | 55,826 |
| Total assets | $6,083,877 | $5,947,947 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $113,125 | $127,870 |
| Accrued liabilities | 525,780 | 454,374 |
| Deferred revenues | 1,427,706 | 1,343,643 |
| Total current liabilities | 2,066,611 | 1,925,887 |
| Income tax payable | 116,744 | 124,393 |
| Operating lease liabilities | 96,968 | 100,334 |
| Other long-term liabilities | 173,065 | 195,975 |
| Total liabilities | 2,453,388 | 2,346,589 |
| Commitments and contingencies (Notes 7 and 8) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value (5,000 shares authorized; none issued) | — | — |
| Common stock, $0.0001 par value (200,000 shares authorized; 75,075 and 77,267 issued and outstanding, respectively) | 7 | 8 |
| Additional paid-in capital | 1,162,140 | 1,044,946 |
| Accumulated other comprehensive income (loss), net | 21,168 | (10,284) |
| Retained earnings | 2,447,174 | 2,566,688 |
| Total stockholders’ equity | 3,630,489 | 3,601,358 |
| Total liabilities and stockholders’ equity | $6,083,877 | $5,947,947 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.