10-Q Filing

PEGASYSTEMS INC CIK: 1013857 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001013857-21-000175`
Period End Date	20210630
Filing Date	20210728
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	pega-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 82 Cash Flow Statement 74 Stockholders Equity 52 Comprehensive Income 24

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$171.90M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$139.88M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$293.27M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$271.46M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total cash, cash equivalents, and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$465.17M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total cash, cash equivalents, and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$411.34M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$166.23M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	80.89M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$215.83M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	81.46M	shares	Point-in-time
Unbilled receivables	`UnbilledReceivablesCurrent`	$207.16M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	80.89M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	81.46M	shares	Point-in-time
Unbilled receivables	`UnbilledReceivablesCurrent`	$236.45M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$88.76M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$96.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$910.23M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$976.91M	USD	Point-in-time
Unbilled receivables	`UnbilledReceivablesNonCurrent`	$144.06M	USD	Point-in-time
Unbilled receivables	`UnbilledReceivablesNonCurrent`	$113.28M	USD	Point-in-time
Goodwill	`Goodwill`	$82.17M	USD	Point-in-time
Goodwill	`Goodwill`	$79.04M	USD	Point-in-time
Goodwill	`Goodwill`	$78.67M	USD	Point-in-time
Goodwill	`Goodwill`	$79.23M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$434.84M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$466.10M	USD	Point-in-time
Total assets	`Assets`	$1.60B	USD	Point-in-time
Total assets	`Assets`	$1.60B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.03M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.93M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$59.26M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$64.09M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$84.90M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$123.01M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$242.19M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$232.87M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$16.13M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$20.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$430.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$460.13M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$589.09M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$518.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$42.06M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$59.05M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$18.70M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$24.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.06B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.08B	USD	Point-in-time
Preferred stock, 1,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, 1,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, 200,000 shares authorized; 81,456 and 80,890 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$815.00K	USD	Point-in-time
Common stock, 200,000 shares authorized; 81,456 and 80,890 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$809.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$204.43M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$147.67M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$339.88M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$375.07M	USD	Point-in-time
Accumulated other comprehensive (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.95M	USD	Point-in-time
Accumulated other comprehensive (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$542.17M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$566.61M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$556.28M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$522.47M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$478.93M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$539.01M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.60B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.60B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$227.38M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$639.20M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$325.70M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$492.97M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$156.22M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$166.98M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$84.53M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$76.69M	USD	1 Quarter
Gross profit	`GrossProfit`	$241.17M	USD	1 Quarter
Gross profit	`GrossProfit`	$472.22M	USD	2 Qtrs
Gross profit	`GrossProfit`	$336.75M	USD	2 Qtrs
Gross profit	`GrossProfit`	$150.68M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$263.63M	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$305.16M	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$156.42M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$127.61M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$64.39M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$126.84M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$117.60M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$58.87M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.16M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$37.43M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$31.29M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.65M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$412.51M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$469.43M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$202.13M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$239.98M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$2.79M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$1.19M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-75.77M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-51.45M	USD	1 Quarter
Foreign currency transaction (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.69M	USD	2 Qtrs
Foreign currency transaction (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.50M	USD	2 Qtrs
Foreign currency transaction (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$4.26M	USD	1 Quarter
Foreign currency transaction (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$-403.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$242.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$849.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeNet`	$236.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$389.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.83M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.84M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.96M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.53M	USD	1 Quarter
Gain on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$827.00K	USD	2 Qtrs
Gain on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$19.42M	USD	1 Quarter
Gain on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$26.31M	USD	1 Quarter
Gain on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$7.19M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.37M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$106.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Income (loss) before (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.14M	USD	2 Qtrs
Income (loss) before (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-33.06M	USD	1 Quarter
Income (loss) before (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$25.38M	USD	1 Quarter
Income (loss) before (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-82.24M	USD	2 Qtrs
(Benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-29.53M	USD	2 Qtrs
(Benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-11.92M	USD	1 Quarter
(Benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-36.13M	USD	2 Qtrs
(Benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-12.32M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-46.11M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-20.74M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-25.37M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-6.62M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$30.67M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$37.29M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.58	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.26	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.26	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.36	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.58	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.16M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	80.02M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	80.22M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.32M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.32M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	80.22M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	80.02M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.01M	shares	2 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-46.11M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-20.74M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-25.37M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-6.62M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$30.67M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$37.29M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$48.83M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$30.69M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$25.66M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$60.79M	USD	2 Qtrs
(Gain) on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$827.00K	USD	2 Qtrs
(Gain) on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$19.42M	USD	1 Quarter
(Gain) on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$26.31M	USD	1 Quarter
(Gain) on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$7.19M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-18.40M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-28.23M	USD	2 Qtrs
Amortization of deferred commissions	`AmortizationOfDeferredSalesCommissions`	$16.06M	USD	2 Qtrs
Amortization of deferred commissions	`AmortizationOfDeferredSalesCommissions`	$7.56M	USD	1 Quarter
Amortization of deferred commissions	`AmortizationOfDeferredSalesCommissions`	$9.71M	USD	1 Quarter
Amortization of deferred commissions	`AmortizationOfDeferredSalesCommissions`	$21.20M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$6.03M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.35M	USD	2 Qtrs
Amortization of intangible assets and depreciation	`DepreciationDepletionAndAmortization`	$15.50M	USD	2 Qtrs
Amortization of intangible assets and depreciation	`DepreciationDepletionAndAmortization`	$10.13M	USD	2 Qtrs
Amortization of investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	2 Qtrs
Amortization of investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.99M	USD	2 Qtrs
Foreign currency transaction loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.69M	USD	2 Qtrs
Foreign currency transaction loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.50M	USD	2 Qtrs
Foreign currency transaction loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$4.26M	USD	1 Quarter
Foreign currency transaction loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-403.00K	USD	1 Quarter
Other non-cash	`OtherNoncashIncomeExpense`	$-6.45M	USD	2 Qtrs
Other non-cash	`OtherNoncashIncomeExpense`	$4.87M	USD	2 Qtrs
Change in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$45.06M	USD	2 Qtrs
Change in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$77.30M	USD	2 Qtrs
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$19.41M	USD	2 Qtrs
Cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-21.20M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$1.77M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$51.60M	USD	2 Qtrs
Proceeds from maturities and called investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$68.80M	USD	2 Qtrs
Proceeds from maturities and called investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.42M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.45M	USD	2 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.99M	USD	2 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Investment in property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.16M	USD	2 Qtrs
Investment in property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.06M	USD	2 Qtrs
Cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$10.49M	USD	2 Qtrs
Cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-19.40M	USD	2 Qtrs
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	$600.00M	USD	2 Qtrs
Purchase of capped calls related to convertible senior notes	`PaymentsForRepurchaseOfConvertiblePreferredStock`	$51.90M	USD	2 Qtrs
Purchase of capped calls related to convertible senior notes	`PaymentsForRepurchaseOfConvertiblePreferredStock`	-	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$14.53M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$1.40M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$5.15M	USD	2 Qtrs
Dividend payments to stockholders	`PaymentsOfDividendsCommonStock`	$4.79M	USD	2 Qtrs
Dividend payments to stockholders	`PaymentsOfDividendsCommonStock`	$4.87M	USD	2 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$44.89M	USD	2 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$61.00M	USD	2 Qtrs
Cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-60.72M	USD	2 Qtrs
Cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$485.29M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-942.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.21M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-32.02M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$443.75M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.90M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$139.88M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.36M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$512.11M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$171.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$139.88M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.36M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$512.11M	USD	Point-in-time

Stockholders Equity 52 line items

Line Item	Tag	Value	Unit	Period
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	80.89M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	81.46M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$542.17M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$566.61M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$556.28M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$522.47M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$478.93M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$539.01M	USD	Point-in-time
Equity component of convertible senior notes, net	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$61.60M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$6.00M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$9.15M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$10.25M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$2.20M	USD	1 Quarter
Issuance of common stock for stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-23.01M	USD	1 Quarter
Issuance of common stock for stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-25.51M	USD	1 Quarter
Issuance of common stock for stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-16.20M	USD	1 Quarter
Issuance of common stock for stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-14.08M	USD	1 Quarter
Issuance of common stock under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.40M	USD	1 Quarter
Issuance of common stock under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.86M	USD	1 Quarter
Issuance of common stock under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.29M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.70M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.67M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.10M	USD	1 Quarter
Cash dividends declared ($0.03 per share)	`DividendsCommonStockCash`	$2.41M	USD	1 Quarter
Cash dividends declared ($0.03 per share)	`DividendsCommonStockCash`	$2.44M	USD	1 Quarter
Cash dividends declared ($0.03 per share)	`DividendsCommonStockCash`	$2.40M	USD	1 Quarter
Cash dividends declared ($0.03 per share)	`DividendsCommonStockCash`	$2.44M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.86M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-414.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$280.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.03M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.61M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.58M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-46.11M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-20.74M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-25.37M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-6.62M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$30.67M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$37.29M	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	80.89M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	81.46M	shares	Point-in-time
Balance, end of period	`StockholdersEquity`	$542.17M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$566.61M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$556.28M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$522.47M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$478.93M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$539.01M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-46.11M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-20.74M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-25.37M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-6.62M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$30.67M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$37.29M	USD	1 Quarter
Unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$121.00K	USD	1 Quarter
Unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$100.00K	USD	2 Qtrs
Unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.13M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$731.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.46M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.51M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$2.03M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.86M	USD	2 Qtrs
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-414.00K	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$280.00K	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.03M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.61M	USD	2 Qtrs
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.58M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-18.71M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$32.54M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$38.87M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-44.50M	USD	2 Qtrs

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