10-Q Filing

WOLFSPEED, INC. CIK: 895419 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0000895419-20-000131`
Period End Date	20200930
Filing Date	20201029
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	cree-20200927_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 36 Cash Flow Statement 70 Stockholders Equity 24 Comprehensive Income 10

Balance Sheet 94 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`	$448.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$436.40M	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
Short-term investments	`ShortTermInvestments`	$802.90M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$702.10M	USD	Point-in-time
Preferred stock outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	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`	$1.14B	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`	$1.25B	USD	Point-in-time
Common stock authorized (shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$108.50M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$114.00M	USD	Point-in-time
Common stock authorized (shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	109.23M	shares	Point-in-time
Inventories	`InventoryNet`	$187.30M	USD	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	110.30M	shares	Point-in-time
Inventories	`InventoryNet`	$179.10M	USD	Point-in-time
Common stock outstanding (shares)	`CommonStockSharesOutstanding`	109.23M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$6.70M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$6.60M	USD	Point-in-time
Common stock outstanding (shares)	`CommonStockSharesOutstanding`	110.30M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$28.40M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$26.30M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$13.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$14.60M	USD	Point-in-time
Current assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$1.30M	USD	Point-in-time
Current assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$1.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.49B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.59B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$940.90M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$831.10M	USD	Point-in-time
Goodwill	`Goodwill`	$424.30M	USD	Point-in-time
Goodwill	`Goodwill`	$530.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$175.40M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$179.60M	USD	Point-in-time
Other long-term investments	`OtherLongTermInvestments`	$53.00M	USD	Point-in-time
Other long-term investments	`OtherLongTermInvestments`	$55.90M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$7.30M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$6.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$35.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$37.10M	USD	Point-in-time
Total assets	`Assets`	$3.12B	USD	Point-in-time
Total assets	`Assets`	$3.23B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$220.80M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$273.90M	USD	Point-in-time
Accrued contract liabilities	`ContractWithCustomerLiabilityCurrent`	$36.20M	USD	Point-in-time
Accrued contract liabilities	`ContractWithCustomerLiabilityCurrent`	$38.30M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$3.20M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$2.90M	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$3.60M	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$400.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$30.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$291.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$343.40M	USD	Point-in-time
Convertible notes, net	`ConvertibleLongTermNotesPayable`	$793.60M	USD	Point-in-time
Convertible notes, net	`ConvertibleLongTermNotesPayable`	$783.80M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.80M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$3.10M	USD	Point-in-time
Finance lease liabilities - long-term	`FinanceLeaseLiabilityNoncurrent`	$10.30M	USD	Point-in-time
Finance lease liabilities - long-term	`FinanceLeaseLiabilityNoncurrent`	$11.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$57.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$53.60M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$850.60M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$864.80M	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 27, 2020 and June 28, 2020; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.01; 3,000 shares authorized at September 27, 2020 and June 28, 2020; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.00125; 200,000 shares authorized at September 27, 2020 and June 28, 2020; 110,296 and 109,230 shares issued and outstanding at September 27, 2020 and June 28, 2020, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Common stock, par value $0.00125; 200,000 shares authorized at September 27, 2020 and June 28, 2020; 110,296 and 109,230 shares issued and outstanding at September 27, 2020 and June 28, 2020, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$3.11B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$3.12B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$16.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$16.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.04B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.22B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.91B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.08B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$6.40M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$6.10M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.92B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.03B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.04B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.23B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.12B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenue, net	`RevenueFromContractWithCustomerIncludingAssessedTax`	$242.80M	USD	1 Quarter
Revenue, net	`RevenueFromContractWithCustomerIncludingAssessedTax`	$216.60M	USD	1 Quarter
Cost of revenue, net	`CostOfGoodsAndServicesSold`	$168.60M	USD	1 Quarter
Cost of revenue, net	`CostOfGoodsAndServicesSold`	$162.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$54.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$74.20M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$49.60M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$43.70M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$51.90M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$57.60M	USD	1 Quarter
Amortization or impairment of acquisition-related intangibles	`AmortizationandImpairmentofAcquisitionRelatedIntangibles`	$3.60M	USD	1 Quarter
Amortization or impairment of acquisition-related intangibles	`AmortizationandImpairmentofAcquisitionRelatedIntangibles`	$3.60M	USD	1 Quarter
(Gain) loss on disposal or impairment of other assets	`GainLossonDispositionorImpairmentofOtherAssets`	$200.00K	USD	1 Quarter
(Gain) loss on disposal or impairment of other assets	`GainLossonDispositionorImpairmentofOtherAssets`	$-1.00M	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	$105.70M	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Other operating expense	`OtherOperatingIncomeExpenseNet`	$-13.40M	USD	1 Quarter
Other operating expense	`OtherOperatingIncomeExpenseNet`	$-7.20M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-38.90M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-170.00M	USD	1 Quarter
Non-operating expense (income), net	`NonoperatingIncomeExpense`	$1.60M	USD	1 Quarter
Non-operating expense (income), net	`NonoperatingIncomeExpense`	$-14.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-184.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-37.30M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$500.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$100.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-184.10M	USD	1 Quarter
Net loss	`ProfitLoss`	$-37.80M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$300.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to controlling interest	`NetIncomeLoss`	$-184.40M	USD	1 Quarter
Net loss attributable to controlling interest	`NetIncomeLoss`	$-37.80M	USD	1 Quarter
Net loss attributable to controlling interest (USD per share)	`EarningsPerShareBasicAndDiluted`	$-1.68	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`	109.70M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net loss	`IncomeLossFromContinuingOperations`	$-184.10M	USD	1 Quarter
Net loss	`IncomeLossFromContinuingOperations`	$-37.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$33.90M	USD	1 Quarter
Amortization of debt issuance costs and discount, net of capitalized interest	`AmortizationOfFinancingCostsAndDiscounts`	$9.40M	USD	1 Quarter
Amortization of debt issuance costs and discount, net of capitalized interest	`AmortizationOfFinancingCostsAndDiscounts`	$5.60M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$16.90M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$15.70M	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	$105.70M	USD	1 Quarter
Goodwill impairment	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Loss on disposal or impairment of long-lived assets	`GainLossOnDispositionOfAssets`	$-200.00K	USD	1 Quarter
Loss on disposal or impairment of long-lived assets	`GainLossOnDispositionOfAssets`	$-1.00M	USD	1 Quarter
Amortization of premium/discount on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	1 Quarter
Amortization of premium/discount on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.50M	USD	1 Quarter
Loss (gain) on equity investment	`UnrealizedGainLossOnInvestments`	$-3.40M	USD	1 Quarter
Loss (gain) on equity investment	`UnrealizedGainLossOnInvestments`	$3.50M	USD	1 Quarter
Foreign exchange (gain) loss on equity investment	`ForeignCurrencyTransactionGainLossUnrealized`	$-100.00K	USD	1 Quarter
Foreign exchange (gain) loss on equity investment	`ForeignCurrencyTransactionGainLossUnrealized`	$500.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$300.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-5.50M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$8.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-5.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$7.70M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-7.90M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.50M	USD	1 Quarter
Accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$-3.70M	USD	1 Quarter
Accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$-21.70M	USD	1 Quarter
Accrued salaries and wages and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$19.40M	USD	1 Quarter
Accrued salaries and wages and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-20.50M	USD	1 Quarter
Accrued contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$7.20M	USD	1 Quarter
Accrued contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.10M	USD	1 Quarter
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-20.00M	USD	1 Quarter
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$400.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$114.00M	USD	1 Quarter
Purchases of patent and licensing rights	`PaymentsToAcquireIntangibleAssets`	$1.10M	USD	1 Quarter
Purchases of patent and licensing rights	`PaymentsToAcquireIntangibleAssets`	$1.90M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$600.00K	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$134.00M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$65.70M	USD	1 Quarter
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$93.00M	USD	1 Quarter
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$157.80M	USD	1 Quarter
Proceeds from sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$31.80M	USD	1 Quarter
Proceeds from sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$7.20M	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.00M	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-52.30M	USD	1 Quarter
Payments on long-term debt borrowings, including finance lease obligations	`RepaymentsOfLongTermDebt`	$100.00K	USD	1 Quarter
Payments on long-term debt borrowings, including finance lease obligations	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromConvertibleDebt`	$16.50M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromConvertibleDebt`	$18.60M	USD	1 Quarter
Tax withholding on vested equity awards	`PaymentsOfDebtIssuanceCosts`	$13.20M	USD	1 Quarter
Tax withholding on vested equity awards	`PaymentsOfDebtIssuanceCosts`	$12.80M	USD	1 Quarter
Commitment fee on long-term incentive agreement	`PaymentOfCommitmentFee`	$500.00K	USD	1 Quarter
Commitment fee on long-term incentive agreement	`PaymentOfCommitmentFee`	-	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.40M	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.10M	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`	$-67.20M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.40M	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`	$448.80M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$436.40M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$500.50M	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`	$448.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$436.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$500.50M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period (shares)	`CommonStockSharesIssued`	109.23M	shares	Point-in-time
Balance at beginning of period (shares)	`CommonStockSharesIssued`	110.30M	shares	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.92B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.03B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.04B	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$-184.10M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-37.80M	USD	1 Quarter
Unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$500.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-184.10M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-37.30M	USD	1 Quarter
Tax withholding on vested equity awards	`APICShareBasedPaymentArrangementTaxWithholdingOnVestedEquityAwards`	$22.70M	USD	1 Quarter
Tax withholding on vested equity awards	`APICShareBasedPaymentArrangementTaxWithholdingOnVestedEquityAwards`	$14.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.40M	USD	1 Quarter
Exercise of stock options and issuance of shares	`StockIssuedDuringPeriodValueNewIssues`	$18.60M	USD	1 Quarter
Exercise of stock options and issuance of shares	`StockIssuedDuringPeriodValueNewIssues`	$16.50M	USD	1 Quarter
Balance at end of period (shares)	`CommonStockSharesIssued`	109.23M	shares	Point-in-time
Balance at end of period (shares)	`CommonStockSharesIssued`	110.30M	shares	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.92B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.03B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.09B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.04B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-184.10M	USD	1 Quarter
Net loss	`ProfitLoss`	$-37.80M	USD	1 Quarter
Net unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Net unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$500.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-184.10M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-37.30M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$300.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive loss attributable to controlling interest	`ComprehensiveIncomeNetOfTax`	$-184.40M	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.