10-Q Filing

WOLFSPEED, INC. CIK: 895419 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0000895419-19-000097`
Period End Date	20190930
Filing Date	20191031
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	q1202010q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 40 Cash Flow Statement 84 Stockholders Equity 27 Comprehensive Income 12

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock authorized (shares)	`PreferredStockSharesAuthorized`	3.00M	shares	Point-in-time
Preferred stock authorized (shares)	`PreferredStockSharesAuthorized`	3.00M	shares	Point-in-time
Preferred stock issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$500.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$433.30M	USD	Point-in-time
Preferred stock issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$560.60M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$550.90M	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total cash, cash equivalents and short-term investments	`CashCashEquivalentsAndShortTermInvestments`	$993.90M	USD	Point-in-time
Total cash, cash equivalents and short-term investments	`CashCashEquivalentsAndShortTermInvestments`	$1.05B	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$128.90M	USD	Point-in-time
Common stock authorized (shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$137.60M	USD	Point-in-time
Common stock authorized (shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventories	`InventoryNet`	$187.40M	USD	Point-in-time
Inventories	`InventoryNet`	$182.90M	USD	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	107.70M	shares	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	106.57M	shares	Point-in-time
Common stock outstanding (shares)	`CommonStockSharesOutstanding`	107.70M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Common stock outstanding (shares)	`CommonStockSharesOutstanding`	106.57M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$200.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$22.80M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$23.30M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$15.60M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.70M	USD	Point-in-time
Current assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$200.00K	USD	Point-in-time
Current assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$1.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.35B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.41B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$656.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$625.20M	USD	Point-in-time
Goodwill	`Goodwill`	$530.00M	USD	Point-in-time
Goodwill	`Goodwill`	$530.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$197.90M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$191.90M	USD	Point-in-time
Other long-term investments	`OtherLongTermInvestments`	$39.50M	USD	Point-in-time
Other long-term investments	`OtherLongTermInvestments`	$42.90M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$5.10M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$5.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$17.20M	USD	Point-in-time
Total assets	`Assets`	$2.82B	USD	Point-in-time
Total assets	`Assets`	$2.80B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$200.90M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$174.50M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$3.00M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$1.40M	USD	Point-in-time
Accrued contract liabilities	`ContractWithCustomerLiabilityCurrent`	$45.80M	USD	Point-in-time
Accrued contract liabilities	`ContractWithCustomerLiabilityCurrent`	$43.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$23.60M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$18.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$268.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$242.70M	USD	Point-in-time
Convertible notes, net	`ConvertibleLongTermNotesPayable`	$469.10M	USD	Point-in-time
Convertible notes, net	`ConvertibleLongTermNotesPayable`	$474.70M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.50M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$2.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$52.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$36.40M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$528.30M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$507.50M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.01; 3,000 shares authorized at September 29, 2019 and June 30, 2019; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.01; 3,000 shares authorized at September 29, 2019 and June 30, 2019; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.00125; 200,000 shares authorized at September 29, 2019 and June 30, 2019; 107,697 and 106,570 shares issued and outstanding at September 29, 2019 and June 30, 2019, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Common stock, par value $0.00125; 200,000 shares authorized at September 29, 2019 and June 30, 2019; 107,697 and 106,570 shares issued and outstanding at September 29, 2019 and June 30, 2019, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$2.90B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$2.87B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.50M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$10.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-847.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-885.30M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.04B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.02B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$5.00M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$5.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.03B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.04B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.07B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.20B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.82B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.80B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenue, net	`RevenueFromContractWithCustomerIncludingAssessedTax`	$242.80M	USD	1 Quarter
Revenue, net	`RevenueFromContractWithCustomerIncludingAssessedTax`	$274.20M	USD	1 Quarter
Cost of revenue, net	`CostOfGoodsAndServicesSold`	$175.90M	USD	1 Quarter
Cost of revenue, net	`CostOfGoodsAndServicesSold`	$168.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$74.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$98.30M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$43.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$36.30M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$43.90M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$57.60M	USD	1 Quarter
Amortization or impairment of acquisition-related intangibles	`AmortizationandImpairmentofAcquisitionRelatedIntangibles`	$3.90M	USD	1 Quarter
Amortization or impairment of acquisition-related intangibles	`AmortizationandImpairmentofAcquisitionRelatedIntangibles`	$3.60M	USD	1 Quarter
Loss on disposal or impairment of other assets	`GainLossonDispositionorImpairmentofOtherAssets`	$-1.00M	USD	1 Quarter
Loss on disposal or impairment of other assets	`GainLossonDispositionorImpairmentofOtherAssets`	$-400.00K	USD	1 Quarter
Other operating expense	`OtherOperatingIncomeExpenseNet`	$-3.00M	USD	1 Quarter
Other operating expense	`OtherOperatingIncomeExpenseNet`	$-7.20M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-38.90M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$10.80M	USD	1 Quarter
Non-operating (income) expense, net	`NonoperatingIncomeExpense`	$1.60M	USD	1 Quarter
Non-operating (income) expense, net	`NonoperatingIncomeExpense`	$-9.70M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-37.30M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.10M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$500.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.90M	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-37.80M	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-800.00K	USD	1 Quarter
Net loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Net loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-10.30M	USD	1 Quarter
Net loss	`ProfitLoss`	$-11.10M	USD	1 Quarter
Net loss	`ProfitLoss`	$-37.80M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to controlling interest	`NetIncomeLoss`	$-37.80M	USD	1 Quarter
Net loss attributable to controlling interest	`NetIncomeLoss`	$-11.10M	USD	1 Quarter
Continuing operations attributable to controlling interest (USD per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.35	USD	1 Quarter
Continuing operations attributable to controlling interest (USD per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	1 Quarter
Net loss attributable to controlling interest (USD per share)	`EarningsPerShareBasicAndDiluted`	$-0.11	USD	1 Quarter
Net loss attributable to controlling interest (USD per share)	`EarningsPerShareBasicAndDiluted`	$-0.35	USD	1 Quarter
Weighted average shares - basic and diluted (shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	107.11M	shares	1 Quarter
Weighted average shares - basic and diluted (shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	101.88M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-37.80M	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-800.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$29.50M	USD	1 Quarter
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$5.60M	USD	1 Quarter
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.80M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$10.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$16.90M	USD	1 Quarter
Loss on disposal or impairment of long-lived assets	`GainLossOnDispositionOfAssets`	$-1.00M	USD	1 Quarter
Loss on disposal or impairment of long-lived assets	`GainLossOnDispositionOfAssets`	$-500.00K	USD	1 Quarter
Amortization of premium/discount on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	1 Quarter
Amortization of premium/discount on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-800.00K	USD	1 Quarter
(Gain)/loss on equity investment	`UnrealizedGainLossOnInvestments`	$3.50M	USD	1 Quarter
(Gain)/loss on equity investment	`UnrealizedGainLossOnInvestments`	$-6.70M	USD	1 Quarter
Foreign exchange loss on equity investment	`ForeignCurrencyTransactionGainLossUnrealized`	$-600.00K	USD	1 Quarter
Foreign exchange loss on equity investment	`ForeignCurrencyTransactionGainLossUnrealized`	$-100.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-2.30M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$7.40M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$8.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$7.90M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-5.00M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.10M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-7.90M	USD	1 Quarter
Accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$3.40M	USD	1 Quarter
Accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$-21.70M	USD	1 Quarter
Accrued salaries and wages and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-20.50M	USD	1 Quarter
Accrued salaries and wages and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$4.20M	USD	1 Quarter
Accrued contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$900.00K	USD	1 Quarter
Accrued contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$7.20M	USD	1 Quarter
Net cash (used in) provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$41.10M	USD	1 Quarter
Net cash (used in) provided by operating activities of continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-20.00M	USD	1 Quarter
Net cash provided by operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	1 Quarter
Net cash provided by operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$3.70M	USD	1 Quarter
Cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$44.80M	USD	1 Quarter
Cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-20.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$31.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.00M	USD	1 Quarter
Purchases of patent and licensing rights	`PaymentsToAcquireIntangibleAssets`	$2.40M	USD	1 Quarter
Purchases of patent and licensing rights	`PaymentsToAcquireIntangibleAssets`	$1.10M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$200.00K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$134.00M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$145.80M	USD	1 Quarter
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$93.00M	USD	1 Quarter
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$58.30M	USD	1 Quarter
Proceeds from sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$24.80M	USD	1 Quarter
Proceeds from sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$31.80M	USD	1 Quarter
Net cash used in investing activities of continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-95.90M	USD	1 Quarter
Net cash used in investing activities of continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-52.30M	USD	1 Quarter
Net cash used in investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-6.40M	USD	1 Quarter
Net cash used in investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-52.30M	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-102.30M	USD	1 Quarter
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$95.00M	USD	1 Quarter
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Payments on long-term debt borrowings	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Payments on long-term debt borrowings	`RepaymentsOfLongTermDebt`	$387.00M	USD	1 Quarter
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$575.00M	USD	1 Quarter
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	-	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$12.90M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$15.50M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$18.60M	USD	1 Quarter
Tax withholding on vested equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.80M	USD	1 Quarter
Tax withholding on vested equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.20M	USD	1 Quarter
Net cash provided by financing activities of continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$274.80M	USD	1 Quarter
Net cash provided by financing activities of continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$5.40M	USD	1 Quarter
Net cash provided by financing activities of discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	1 Quarter
Net cash provided by financing activities of discontinued operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$274.80M	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.40M	USD	1 Quarter
Effects of foreign exchange changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-300.00K	USD	1 Quarter
Effects of foreign exchange changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$217.40M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-67.20M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$433.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$500.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$336.30M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$433.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$500.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$336.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.90M	USD	Point-in-time

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period (shares)	`CommonStockSharesIssued`	107.70M	shares	Point-in-time
Balance at beginning of period (shares)	`CommonStockSharesIssued`	106.57M	shares	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.03B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.04B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.07B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.20B	USD	Point-in-time
Net loss	`ProfitLoss`	$-11.10M	USD	1 Quarter
Net loss	`ProfitLoss`	$-37.80M	USD	1 Quarter
Currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$300.00K	USD	1 Quarter
Currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$500.00K	USD	1 Quarter
Unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-300.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-37.30M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-11.10M	USD	1 Quarter
Tax withholding on vested equity awards	`AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation`	$10.80M	USD	1 Quarter
Tax withholding on vested equity awards	`AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation`	$14.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.40M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.10M	USD	1 Quarter
Exercise of stock options and issuance of shares	`StockIssuedDuringPeriodValueNewIssues`	$15.50M	USD	1 Quarter
Exercise of stock options and issuance of shares	`StockIssuedDuringPeriodValueNewIssues`	$18.60M	USD	1 Quarter
Convertible note issuance	`AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature`	$110.60M	USD	1 Quarter
Balance at end of period (shares)	`CommonStockSharesIssued`	107.70M	shares	Point-in-time
Balance at end of period (shares)	`CommonStockSharesIssued`	106.57M	shares	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.03B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.04B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.07B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.20B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-11.10M	USD	1 Quarter
Net loss	`ProfitLoss`	$-37.80M	USD	1 Quarter
Currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$300.00K	USD	1 Quarter
Currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$500.00K	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-300.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-37.30M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-11.10M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive loss attributable to controlling interest	`ComprehensiveIncomeNetOfTax`	$-11.10M	USD	1 Quarter
Comprehensive loss attributable to controlling interest	`ComprehensiveIncomeNetOfTax`	$-37.30M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.