10-Q Filing

PEGASYSTEMS INC CIK: 1013857 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001013857-22-000137`
Period End Date	20220630
Filing Date	20220727
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	pega-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 82 Cash Flow Statement 66 Stockholders Equity 52 Comprehensive Income 24

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$109.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$159.97M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$187.61M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$202.81M	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`	$362.78M	USD	Point-in-time
Total cash, cash equivalents, and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$296.89M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$182.72M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$171.56M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	81.94M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	81.71M	shares	Point-in-time
Unbilled receivables	`UnbilledReceivablesCurrent`	$226.71M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	81.71M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	81.94M	shares	Point-in-time
Unbilled receivables	`UnbilledReceivablesCurrent`	$201.13M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$70.63M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$68.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$840.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$740.21M	USD	Point-in-time
Unbilled receivables	`UnbilledReceivablesNonCurrent`	$129.79M	USD	Point-in-time
Unbilled receivables	`UnbilledReceivablesNonCurrent`	$115.90M	USD	Point-in-time
Goodwill	`Goodwill`	$79.23M	USD	Point-in-time
Goodwill	`Goodwill`	$81.92M	USD	Point-in-time
Goodwill	`Goodwill`	$82.17M	USD	Point-in-time
Goodwill	`Goodwill`	$81.72M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$320.56M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$541.60M	USD	Point-in-time
Total assets	`Assets`	$1.59B	USD	Point-in-time
Total assets	`Assets`	$1.26B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.28M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.46M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$63.89M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$63.12M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$120.95M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$73.94M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$269.12M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$275.84M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.44M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$7.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$435.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$485.40M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$590.72M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$592.16M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$87.82M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$84.17M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$13.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$12.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.18B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.12B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	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; 81,940 and 81,712 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$819.00K	USD	Point-in-time
Common stock, 200,000 shares authorized; 81,940 and 81,712 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$817.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$170.25M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$145.81M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$-15.14M	USD	Point-in-time
(Accumulated deficit) retained earnings	`RetainedEarningsAccumulatedDeficit`	$276.45M	USD	Point-in-time
Accumulated other comprehensive (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.15M	USD	Point-in-time
Accumulated other comprehensive (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.99M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$406.67M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$133.78M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$478.93M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$522.47M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$542.17M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$416.09M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.26B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$274.34M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$325.70M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$650.64M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$639.20M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$166.98M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$183.31M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$84.53M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$95.11M	USD	1 Quarter
Gross profit	`GrossProfit`	$467.33M	USD	2 Qtrs
Gross profit	`GrossProfit`	$241.17M	USD	1 Quarter
Gross profit	`GrossProfit`	$179.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$472.22M	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$319.43M	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$157.20M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$305.16M	USD	2 Qtrs
Selling and marketing	`SellingAndMarketingExpense`	$156.42M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$126.84M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$74.34M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$145.83M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$64.39M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$68.49M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$19.16M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$37.43M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$32.72M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$469.43M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$533.75M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$239.98M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$264.26M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-66.42M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$2.79M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$1.19M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-85.04M	USD	1 Quarter
Foreign currency transaction gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-403.00K	USD	1 Quarter
Foreign currency transaction gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.71M	USD	1 Quarter
Foreign currency transaction gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$4.59M	USD	2 Qtrs
Foreign currency transaction gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.50M	USD	2 Qtrs
Interest income	`InvestmentIncomeNet`	$236.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$389.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeNet`	$309.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$516.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.94M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.96M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.89M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.84M	USD	2 Qtrs
(Loss) income on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$7.19M	USD	2 Qtrs
(Loss) income on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$26.31M	USD	1 Quarter
(Loss) income on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$-49.51M	USD	2 Qtrs
(Loss) income on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$-18.95M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$106.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$3.79M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.53M	USD	2 Qtrs
(Loss) income before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-100.12M	USD	1 Quarter
(Loss) income before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$25.38M	USD	1 Quarter
(Loss) income before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.14M	USD	2 Qtrs
(Loss) income before provision for (benefit from) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-108.18M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-11.92M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$186.17M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$178.49M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-29.53M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-286.68M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$37.29M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-6.62M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-379.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$30.67M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-286.30M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.38	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-3.51	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-3.50	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-3.50	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.36	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-3.51	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.76M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.85M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.16M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.32M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.01M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	81.76M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	81.85M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	90.32M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-286.68M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$37.29M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-6.62M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-379.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$30.67M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-286.30M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$30.69M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$60.79M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$59.53M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$31.30M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-28.23M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$169.10M	USD	2 Qtrs
Loss (gain) on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$7.19M	USD	2 Qtrs
Loss (gain) on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$26.31M	USD	1 Quarter
Loss (gain) on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$-49.51M	USD	2 Qtrs
Loss (gain) on capped call transactions	`GainLossOnDerivativeInstrumentsNetPretax`	$-18.95M	USD	1 Quarter
Amortization of deferred commissions	`AmortizationOfDeferredSalesCommissions`	$21.20M	USD	2 Qtrs
Amortization of deferred commissions	`AmortizationOfDeferredSalesCommissions`	$10.93M	USD	1 Quarter
Amortization of deferred commissions	`AmortizationOfDeferredSalesCommissions`	$9.71M	USD	1 Quarter
Amortization of deferred commissions	`AmortizationOfDeferredSalesCommissions`	$28.16M	USD	2 Qtrs
Lease expense	`OperatingLeaseExpense`	$5.79M	USD	2 Qtrs
Lease expense	`OperatingLeaseExpense`	$7.83M	USD	2 Qtrs
Amortization of intangible assets and depreciation	`DepreciationDepletionAndAmortization`	$8.18M	USD	2 Qtrs
Amortization of intangible assets and depreciation	`DepreciationDepletionAndAmortization`	$15.50M	USD	2 Qtrs
Foreign currency transaction (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-403.00K	USD	1 Quarter
Foreign currency transaction (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.71M	USD	1 Quarter
Foreign currency transaction (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$4.59M	USD	2 Qtrs
Foreign currency transaction (gain) loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.50M	USD	2 Qtrs
Other non-cash	`OtherNoncashIncomeExpense`	$-3.54M	USD	2 Qtrs
Other non-cash	`OtherNoncashIncomeExpense`	$3.48M	USD	2 Qtrs
Change in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$88.17M	USD	2 Qtrs
Change in operating assets and liabilities, net	`IncreaseDecreaseInOperatingCapital`	$32.62M	USD	2 Qtrs
Cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$19.41M	USD	2 Qtrs
Cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.07M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$38.49M	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`	$34.91M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$14.84M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$2.45M	USD	2 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$922.00K	USD	2 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.99M	USD	2 Qtrs
Investment in property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.16M	USD	2 Qtrs
Investment in property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.86M	USD	2 Qtrs
Cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$10.49M	USD	2 Qtrs
Cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.52M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$5.15M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$4.80M	USD	2 Qtrs
Dividend payments to stockholders	`PaymentsOfDividendsCommonStock`	$4.91M	USD	2 Qtrs
Dividend payments to stockholders	`PaymentsOfDividendsCommonStock`	$4.87M	USD	2 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$61.00M	USD	2 Qtrs
Common stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$41.09M	USD	2 Qtrs
Cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-41.19M	USD	2 Qtrs
Cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-60.72M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.21M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.91M	USD	2 Qtrs
Net (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-50.69M	USD	2 Qtrs
Net (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-32.02M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$159.97M	USD	Point-in-time
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`	$109.28M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$159.97M	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`	$109.28M	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`	81.71M	shares	Point-in-time
Balance, beginning of period (in shares)	`CommonStockSharesOutstanding`	81.94M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$406.67M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$133.78M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$478.93M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$522.47M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$542.17M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$416.09M	USD	Point-in-time
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$9.15M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$22.58M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.93M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$10.25M	USD	1 Quarter
Issuance of common stock for stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-3.25M	USD	1 Quarter
Issuance of common stock for stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-12.13M	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`	$-25.51M	USD	1 Quarter
Issuance of common stock under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.29M	USD	1 Quarter
Issuance of common stock under the employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.45M	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`	$2.36M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.70M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$28.23M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.30M	USD	1 Quarter
Cash dividends declared ($0.03 per share)	`DividendsCommonStockCash`	$2.44M	USD	1 Quarter
Cash dividends declared ($0.03 per share)	`DividendsCommonStockCash`	$2.46M	USD	1 Quarter
Cash dividends declared ($0.03 per share)	`DividendsCommonStockCash`	$2.44M	USD	1 Quarter
Cash dividends declared ($0.03 per share)	`DividendsCommonStockCash`	$2.46M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.62M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.55M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$280.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.58M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-15.16M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.86M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-286.68M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$37.29M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-6.62M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-379.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$30.67M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-286.30M	USD	1 Quarter
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	81.71M	shares	Point-in-time
Balance, end of period (in shares)	`CommonStockSharesOutstanding`	81.94M	shares	Point-in-time
Balance, end of period	`StockholdersEquity`	$406.67M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$133.78M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$478.93M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$522.47M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$542.17M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$416.09M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-286.68M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$37.29M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-6.62M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-379.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$30.67M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-286.30M	USD	1 Quarter
Unrealized (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$121.00K	USD	1 Quarter
Unrealized (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-927.00K	USD	2 Qtrs
Unrealized (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.15M	USD	1 Quarter
Unrealized (loss) gain on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.13M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.46M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$731.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.24M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-11.47M	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.62M	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.55M	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$280.00K	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.58M	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-15.16M	USD	2 Qtrs
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.86M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$32.54M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$38.87M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-298.91M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-301.84M	USD	2 Qtrs

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