10-Q Filing

TRINET GROUP, INC. CIK: 937098 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0000937098-20-000203`
Period End Date	20200630
Filing Date	20200727
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	tnet-063020x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 80 Cash Flow Statement 74 Stockholders Equity 21

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$213.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$637.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Investments	`ShortTermInvestments`	$76.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Investments	`ShortTermInvestments`	$68.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestmentsCurrent`	$1.18B	USD	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestmentsCurrent`	$735.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$9.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$5.00M	USD	Point-in-time
Unbilled revenue, net	`ContractWithCustomerAssetNetCurrent`	$352.00M	USD	Point-in-time
Unbilled revenue, net	`ContractWithCustomerAssetNetCurrent`	$285.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Prepaid expenses, net	`PrepaidExpenseCurrent`	$52.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Prepaid expenses, net	`PrepaidExpenseCurrent`	$50.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$80.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$64.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.94B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	67.29M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.87B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	69.07M	shares	Point-in-time
Restricted cash, cash equivalents and investments, noncurrent	`RestrictedCashAndInvestmentsNoncurrent`	$212.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	67.29M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	69.07M	shares	Point-in-time
Restricted cash, cash equivalents and investments, noncurrent	`RestrictedCashAndInvestmentsNoncurrent`	$204.00M	USD	Point-in-time
Investments, noncurrent	`InvestmentsAndOtherNoncurrentAssets`	$128.00M	USD	Point-in-time
Investments, noncurrent	`InvestmentsAndOtherNoncurrentAssets`	$125.00M	USD	Point-in-time
Property, equipment and software, net	`PropertyPlantAndEquipmentNet`	$85.00M	USD	Point-in-time
Property, equipment and software, net	`PropertyPlantAndEquipmentNet`	$82.00M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$55.00M	USD	Point-in-time
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$46.00M	USD	Point-in-time
Goodwill	`Goodwill`	$289.00M	USD	Point-in-time
Goodwill	`Goodwill`	$289.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$15.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$13.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$96.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$105.00M	USD	Point-in-time
Total assets	`Assets`	$2.80B	USD	Point-in-time
Total assets	`Assets`	$2.75B	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$31.00M	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$101.00M	USD	Point-in-time
Revolving credit agreement borrowings	`LinesOfCreditCurrent`	-	USD	Point-in-time
Revolving credit agreement borrowings	`LinesOfCreditCurrent`	$234.00M	USD	Point-in-time
Long-term debt	`LongTermDebtCurrent`	$22.00M	USD	Point-in-time
Long-term debt	`LongTermDebtCurrent`	$22.00M	USD	Point-in-time
Client deposits and other client liabilities	`ContractWithCustomerLiabilityCurrent`	$146.00M	USD	Point-in-time
Client deposits and other client liabilities	`ContractWithCustomerLiabilityCurrent`	$44.00M	USD	Point-in-time
Accrued wages	`AccruedSalariesCurrent`	$411.00M	USD	Point-in-time
Accrued wages	`AccruedSalariesCurrent`	$391.00M	USD	Point-in-time
Accrued health insurance costs, net	`CollateralPaidToInsuranceCarriersNetOfHealthBenefitLossReservesCurrent`	$145.00M	USD	Point-in-time
Accrued health insurance costs, net	`CollateralPaidToInsuranceCarriersNetOfHealthBenefitLossReservesCurrent`	$167.00M	USD	Point-in-time
Accrued workers' compensation costs, net	`WorkersCompensationLiabilityCurrent`	$62.00M	USD	Point-in-time
Accrued workers' compensation costs, net	`WorkersCompensationLiabilityCurrent`	$61.00M	USD	Point-in-time
Payroll tax liabilities and other payroll withholdings	`AccruedPayrollTaxLiabilitiesAndOtherPayrollWithholdings`	$426.00M	USD	Point-in-time
Payroll tax liabilities and other payroll withholdings	`AccruedPayrollTaxLiabilitiesAndOtherPayrollWithholdings`	$901.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$17.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$13.00M	USD	Point-in-time
Insurance premiums and other payables	`InsurancePremiumsAndOtherPayables`	$9.00M	USD	Point-in-time
Insurance premiums and other payables	`InsurancePremiumsAndOtherPayables`	$11.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.64B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.57B	USD	Point-in-time
Long-term debt, noncurrent	`LongTermDebtNoncurrent`	$358.00M	USD	Point-in-time
Long-term debt, noncurrent	`LongTermDebtNoncurrent`	$369.00M	USD	Point-in-time
Accrued workers' compensation costs, noncurrent, net	`WorkersCompensationLiabilityNoncurrent`	$144.00M	USD	Point-in-time
Accrued workers' compensation costs, noncurrent, net	`WorkersCompensationLiabilityNoncurrent`	$141.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$63.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$61.00M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$48.00M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$43.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$8.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$10.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.19B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.27B	USD	Point-in-time
Commitments and contingencies (see Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock and additional paid-in capital	`CommonStocksIncludingAdditionalPaidInCapital`	$694.00M	USD	Point-in-time
Common stock and additional paid-in capital	`CommonStocksIncludingAdditionalPaidInCapital`	$719.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-219.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-108.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$475.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$439.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$406.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$616.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$375.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$533.00M	USD	Point-in-time
Total liabilities & stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.75B	USD	Point-in-time
Total liabilities & stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.80B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.00B	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.87B	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$948.00M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$935.00M	USD	1 Quarter
Insurance costs	`OperatingInsuranceAndClaimsCostsProduction`	$1.39B	USD	2 Qtrs
Insurance costs	`OperatingInsuranceAndClaimsCostsProduction`	$613.00M	USD	1 Quarter
Insurance costs	`OperatingInsuranceAndClaimsCostsProduction`	$704.00M	USD	1 Quarter
Insurance costs	`OperatingInsuranceAndClaimsCostsProduction`	$1.38B	USD	2 Qtrs
Cost of providing services	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortizationAndOperatingInsuranceAndClaimsCostsProduction`	$124.00M	USD	2 Qtrs
Cost of providing services	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortizationAndOperatingInsuranceAndClaimsCostsProduction`	$63.00M	USD	1 Quarter
Cost of providing services	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortizationAndOperatingInsuranceAndClaimsCostsProduction`	$60.00M	USD	1 Quarter
Cost of providing services	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortizationAndOperatingInsuranceAndClaimsCostsProduction`	$127.00M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$45.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$52.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$91.00M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$98.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$35.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$72.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$36.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$68.00M	USD	2 Qtrs
Systems development and programming	`ResearchAndDevelopmentExpense`	$9.00M	USD	1 Quarter
Systems development and programming	`ResearchAndDevelopmentExpense`	$13.00M	USD	1 Quarter
Systems development and programming	`ResearchAndDevelopmentExpense`	$18.00M	USD	2 Qtrs
Systems development and programming	`ResearchAndDevelopmentExpense`	$25.00M	USD	2 Qtrs
Depreciation and amortization of intangible assets	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$12.00M	USD	1 Quarter
Depreciation and amortization of intangible assets	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$13.00M	USD	1 Quarter
Depreciation and amortization of intangible assets	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$23.00M	USD	2 Qtrs
Depreciation and amortization of intangible assets	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$24.00M	USD	2 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$775.00M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$880.00M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$1.70B	USD	2 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$1.73B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$293.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$173.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$137.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$55.00M	USD	1 Quarter
Interest expense, bank fees and other	`InterestAndDebtExpense`	$11.00M	USD	2 Qtrs
Interest expense, bank fees and other	`InterestAndDebtExpense`	$6.00M	USD	1 Quarter
Interest expense, bank fees and other	`InterestAndDebtExpense`	$4.00M	USD	1 Quarter
Interest expense, bank fees and other	`InterestAndDebtExpense`	$8.00M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$7.00M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$2.00M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$7.00M	USD	2 Qtrs
Interest income	`InterestIncomeOther`	$13.00M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$171.00M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$292.00M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$139.00M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$56.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$30.00M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$45.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$10.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$75.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$217.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$109.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$46.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$126.00M	USD	1 Quarter
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.00M	USD	2 Qtrs
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.00M	USD	1 Quarter
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	2 Qtrs
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$222.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$110.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$129.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.16	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.65	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.88	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.56	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.13	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.87	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.53	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.64	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	70.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	69.00M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	70.00M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.00M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.00M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.00M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$109.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$46.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$126.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$217.00M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$27.00M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$32.00M	USD	2 Qtrs
Amortization of ROU	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$10.00M	USD	2 Qtrs
Amortization of ROU	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$8.00M	USD	2 Qtrs
Accretion of discount rate on lease liabilities	`AccretionOfDiscountRateOnLeaseLiabilities`	-	USD	2 Qtrs
Accretion of discount rate on lease liabilities	`AccretionOfDiscountRateOnLeaseLiabilities`	$-1.00M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$20.00M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$20.00M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-3.00M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-4.00M	USD	2 Qtrs
Unbilled revenue, net	`IncreaseDecreaseInContractWithCustomerAsset`	$36.00M	USD	2 Qtrs
Unbilled revenue, net	`IncreaseDecreaseInContractWithCustomerAsset`	$67.00M	USD	2 Qtrs
Prepaid expenses, net	`IncreaseDecreaseInPrepaidExpense`	$18.00M	USD	2 Qtrs
Prepaid expenses, net	`IncreaseDecreaseInPrepaidExpense`	$-2.00M	USD	2 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-11.00M	USD	2 Qtrs
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$69.00M	USD	2 Qtrs
Client deposits and other client liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$10.00M	USD	2 Qtrs
Client deposits and other client liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$102.00M	USD	2 Qtrs
Accrued wages	`IncreaseDecreaseInAccruedSalaries`	$20.00M	USD	2 Qtrs
Accrued wages	`IncreaseDecreaseInAccruedSalaries`	$25.00M	USD	2 Qtrs
Accrued health insurance costs, net	`IncreaseDecreaseInHealthCareInsuranceLiabilities`	$9.00M	USD	2 Qtrs
Accrued health insurance costs, net	`IncreaseDecreaseInHealthCareInsuranceLiabilities`	$-22.00M	USD	2 Qtrs
Accrued workers' compensation costs, net	`IncreaseDecreaseInWorkersCompensationLiabilities`	$-13.00M	USD	2 Qtrs
Accrued workers' compensation costs, net	`IncreaseDecreaseInWorkersCompensationLiabilities`	$-2.00M	USD	2 Qtrs
Payroll taxes payable and other payroll withholdings	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$-256.00M	USD	2 Qtrs
Payroll taxes payable and other payroll withholdings	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$-475.00M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-10.00M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-9.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$32.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$30.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-2.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.00M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-162.00M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-130.00M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$222.00M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$65.00M	USD	2 Qtrs
Proceeds from sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$119.00M	USD	2 Qtrs
Proceeds from sales and maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$65.00M	USD	2 Qtrs
Acquisitions of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.00M	USD	2 Qtrs
Acquisitions of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-121.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$100.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$62.00M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.00M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$6.00M	USD	2 Qtrs
Awards effectively repurchased for required employee withholding taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.00M	USD	2 Qtrs
Awards effectively repurchased for required employee withholding taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.00M	USD	2 Qtrs
Proceeds from revolving credit agreement borrowings	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Proceeds from revolving credit agreement borrowings	`ProceedsFromLinesOfCredit`	$234.00M	USD	2 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebt`	$11.00M	USD	2 Qtrs
Repayment of debt	`RepaymentsOfLongTermDebt`	$11.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-77.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$122.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents, unrestricted and restricted	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-264.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents, unrestricted and restricted	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-129.00M	USD	2 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.33B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.08B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.35B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.46B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.33B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.46B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.08B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.35B	USD	Point-in-time
Interest paid	`InterestPaidNet`	$7.00M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$9.00M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$6.00M	USD	2 Qtrs
Income taxes paid, net	`IncomeTaxesPaidNet`	$33.00M	USD	2 Qtrs
Payable for purchase of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$2.00M	USD	2 Qtrs
Payable for purchase of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$8.00M	USD	2 Qtrs

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$475.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$439.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$406.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$616.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$375.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$533.00M	USD	Point-in-time
Net income	`NetIncomeLoss`	$109.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$46.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$126.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$217.00M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$100.00M	USD	2 Qtrs
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	2 Qtrs
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.00M	USD	1 Quarter
Other comprehensive income, net of income taxes	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.00M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$475.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$439.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$406.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$616.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$375.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$533.00M	USD	Point-in-time

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