10-Q Filing

ZIFF DAVIS, INC. CIK: 1084048 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001084048-23-000060`
Period End Date	20230630
Filing Date	20230804
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	zd-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 80 Cash Flow Statement 84 Stockholders Equity 52 Comprehensive Income 26

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.51M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$6.87M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$255.59M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$296.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$679.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$652.79M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$35.82M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$58.42M	USD	Point-in-time
Accounts receivable, net of allowances of $7,511 and $6,868, respectively	`AccountsReceivableNetCurrent`	$285.91M	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
Accounts receivable, net of allowances of $7,511 and $6,868, respectively	`AccountsReceivableNetCurrent`	$304.74M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$68.32M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$74.04M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.07B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.08B	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$127.87M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$114.36M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $296,223 and $255,586, respectively	`PropertyPlantAndEquipmentNet`	$192.38M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $296,223 and $255,586, respectively	`PropertyPlantAndEquipmentNet`	$178.18M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	95.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	95.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	47.27M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$462.81M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$401.64M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.40M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	47.27M	shares	Point-in-time
Goodwill	`Goodwill`	$1.60B	USD	Point-in-time
Goodwill	`Goodwill`	$1.59B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.40M	shares	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNetNoncurrent`	$8.56M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNetNoncurrent`	$8.52M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	0.00	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$77.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$80.13M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.53B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.47B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$127.14M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$120.83M	USD	Point-in-time
Accrued employee related costs	`EmployeeRelatedLiabilitiesCurrent`	$42.18M	USD	Point-in-time
Accrued employee related costs	`EmployeeRelatedLiabilitiesCurrent`	$33.66M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$52.70M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$39.54M	USD	Point-in-time
Income taxes payable, current	`TaxesPayableCurrent`	$19.71M	USD	Point-in-time
Income taxes payable, current	`TaxesPayableCurrent`	$11.05M	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$188.72M	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$187.90M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$22.29M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$22.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$432.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$436.04M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$999.05M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.00B	USD	Point-in-time
Deferred revenue, noncurrent	`DeferredRevenueNoncurrent`	$8.30M	USD	Point-in-time
Deferred revenue, noncurrent	`DeferredRevenueNoncurrent`	$9.10M	USD	Point-in-time
Income taxes payable, noncurrent	`AccruedIncomeTaxesNoncurrent`	$8.49M	USD	Point-in-time
Income taxes payable, noncurrent	`AccruedIncomeTaxesNoncurrent`	$11.68M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNetNoncurrent`	$58.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNetNoncurrent`	$79.01M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$95.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$109.37M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.61B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.64B	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value. Authorized 95,000,000; total issued and outstanding 46,402,143 and 47,269,446 shares at June 30, 2023 and December 31, 2022, respectively.	`CommonStockValue`	$464.00K	USD	Point-in-time
Common stock, $0.01 par value. Authorized 95,000,000; total issued and outstanding 46,402,143 and 47,269,446 shares at June 30, 2023 and December 31, 2022, respectively.	`CommonStockValue`	$473.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$448.92M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$439.68M	USD	Point-in-time
Treasury stock, at cost (zero and zero shares, at June 30, 2023 and December 31, 2022, respectively).	`TreasuryStockValue`	-	USD	Point-in-time
Treasury stock, at cost (zero and zero shares, at June 30, 2023 and December 31, 2022, respectively).	`TreasuryStockValue`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.49B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.54B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-85.37M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-79.58M	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$1.87B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$1.89B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$1.97B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$1.79B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$1.86B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$1.89B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.47B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.53B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$652.42M	USD	2 Qtrs
Total revenues	`Revenues`	$633.16M	USD	2 Qtrs
Total revenues	`Revenues`	$337.36M	USD	1 Quarter
Total revenues	`Revenues`	$326.02M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$46.00M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$92.10M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$47.42M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$93.15M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$123.78M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$119.93M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$241.54M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$235.85M	USD	2 Qtrs
Research, development, and engineering	`ResearchAndDevelopmentExpense`	$19.72M	USD	1 Quarter
Research, development, and engineering	`ResearchAndDevelopmentExpense`	$38.15M	USD	2 Qtrs
Research, development, and engineering	`ResearchAndDevelopmentExpense`	$17.82M	USD	1 Quarter
Research, development, and engineering	`ResearchAndDevelopmentExpense`	$35.73M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$101.97M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$204.18M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$101.95M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$203.21M	USD	2 Qtrs
Total operating costs and expenses	`OperatingCostsAndExpenses`	$291.47M	USD	1 Quarter
Total operating costs and expenses	`OperatingCostsAndExpenses`	$287.12M	USD	1 Quarter
Total operating costs and expenses	`OperatingCostsAndExpenses`	$575.98M	USD	2 Qtrs
Total operating costs and expenses	`OperatingCostsAndExpenses`	$567.95M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$38.90M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$65.21M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$45.89M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$76.45M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-10.48M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-9.57M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-14.96M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-19.86M	USD	2 Qtrs
Gain on debt extinguishment, net	`GainsLossesOnExtinguishmentOfDebt`	$2.61M	USD	1 Quarter
Gain on debt extinguishment, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on debt extinguishment, net	`GainsLossesOnExtinguishmentOfDebt`	$1.39M	USD	2 Qtrs
Gain on debt extinguishment, net	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Unrealized loss on short-term investments held at the reporting date, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-18.37M	USD	2 Qtrs
Unrealized loss on short-term investments held at the reporting date, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-23.54M	USD	2 Qtrs
Unrealized loss on short-term investments held at the reporting date, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-3.20M	USD	1 Quarter
Unrealized loss on short-term investments held at the reporting date, net	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-27.32M	USD	1 Quarter
(Loss) gain on investments, net	`EquitySecuritiesFvNiRealizedGainLoss`	$357.00K	USD	2 Qtrs
(Loss) gain on investments, net	`EquitySecuritiesFvNiRealizedGainLoss`	-	USD	1 Quarter
(Loss) gain on investments, net	`EquitySecuritiesFvNiRealizedGainLoss`	$-48.24M	USD	2 Qtrs
(Loss) gain on investments, net	`EquitySecuritiesFvNiRealizedGainLoss`	$-48.24M	USD	1 Quarter
Other (loss) income, net	`OtherNonoperatingIncomeExpense`	$8.74M	USD	2 Qtrs
Other (loss) income, net	`OtherNonoperatingIncomeExpense`	$-1.50M	USD	1 Quarter
Other (loss) income, net	`OtherNonoperatingIncomeExpense`	$6.34M	USD	1 Quarter
Other (loss) income, net	`OtherNonoperatingIncomeExpense`	$-2.41M	USD	2 Qtrs
Income (loss) before income taxes and loss from equity method investment, net	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-30.28M	USD	1 Quarter
Income (loss) before income taxes and loss from equity method investment, net	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$24.65M	USD	2 Qtrs
Income (loss) before income taxes and loss from equity method investment, net	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$118.00K	USD	2 Qtrs
Income (loss) before income taxes and loss from equity method investment, net	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$23.71M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$5.84M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$10.05M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$15.13M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$6.46M	USD	1 Quarter
Loss from equity method investment, net	`IncomeLossFromEquityMethodInvestments`	$-573.00K	USD	1 Quarter
Loss from equity method investment, net	`IncomeLossFromEquityMethodInvestments`	$-6.89M	USD	2 Qtrs
Loss from equity method investment, net	`IncomeLossFromEquityMethodInvestments`	$-6.10M	USD	1 Quarter
Loss from equity method investment, net	`IncomeLossFromEquityMethodInvestments`	$-9.76M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-46.44M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$16.68M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-21.90M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$9.05M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.99	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.47	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.36	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.99	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.36	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.47	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.98M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.89M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.02M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.02M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.98M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.89M	shares	2 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-46.44M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$16.68M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-21.90M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$9.05M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$118.94M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$111.48M	USD	2 Qtrs
Non-cash operating lease costs	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$5.91M	USD	2 Qtrs
Non-cash operating lease costs	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$5.92M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$17.62M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-20.47M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-77.17M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$14.42M	USD	2 Qtrs
Provision for credit losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$1.82M	USD	2 Qtrs
Provision for credit losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$-1.38M	USD	2 Qtrs
Deferred income taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-18.33M	USD	2 Qtrs
Deferred income taxes, net	`DeferredIncomeTaxExpenseBenefit`	$-10.27M	USD	2 Qtrs
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$2.61M	USD	1 Quarter
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$1.39M	USD	2 Qtrs
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss from equity method investments	`GainLossonInvestmentsNoncash`	$-9.76M	USD	2 Qtrs
Loss from equity method investments	`GainLossonInvestmentsNoncash`	$-6.89M	USD	2 Qtrs
Unrealized loss on short-term investments held at the reporting date, net	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$-18.37M	USD	2 Qtrs
Unrealized loss on short-term investments held at the reporting date, net	`DebtAndEquitySecuritiesUnrealizedGainLoss`	$-23.54M	USD	2 Qtrs
(Gain) loss on investments, net	`GainLossOnInvestments`	$357.00K	USD	2 Qtrs
(Gain) loss on investments, net	`GainLossOnInvestments`	$-48.24M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$2.11M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$3.83M	USD	2 Qtrs
Accounts receivable (includes $0 and $8,351 with related parties)	`IncreaseDecreaseInAccountsReceivable`	$-20.47M	USD	2 Qtrs
Accounts receivable (includes $0 and $8,351 with related parties)	`IncreaseDecreaseInAccountsReceivable`	$-77.17M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.80M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.04M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAssets`	$4.03M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAssets`	$4.99M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.33M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-36.50M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-11.88M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.78M	USD	2 Qtrs
Accrued liabilities and other current liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-9.59M	USD	2 Qtrs
Accrued liabilities and other current liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-17.05M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$155.03M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$192.48M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$55.25M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$53.88M	USD	2 Qtrs
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$92.42M	USD	2 Qtrs
Acquisition of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.49M	USD	2 Qtrs
Investment in available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$15.00M	USD	2 Qtrs
Investment in available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Proceeds from sale of equity investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	-	USD	2 Qtrs
Proceeds from sale of equity investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$3.17M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$3.75M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-65.32M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-161.30M	USD	2 Qtrs
Payment of debt	`RepaymentsOfLongTermDebt`	-	USD	2 Qtrs
Payment of debt	`RepaymentsOfLongTermDebt`	$72.85M	USD	2 Qtrs
Proceeds from term loan	`ProceedsFromLinesOfCredit`	$89.99M	USD	2 Qtrs
Proceeds from term loan	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	-	USD	2 Qtrs
Debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	$756.00K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$62.68M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$76.34M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`ProceedsFromStockPlans`	$4.72M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`ProceedsFromStockPlans`	$5.24M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$148.00K	USD	2 Qtrs
Deferred payments for acquisitions	`PaymentsOfDeferredConsiderationRelatedToAcquisition`	$6.68M	USD	2 Qtrs
Deferred payments for acquisitions	`PaymentsOfDeferredConsiderationRelatedToAcquisition`	$7.09M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$21.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-61.68M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-64.61M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-16.06M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.20M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$26.30M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-46.55M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$648.29M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$679.09M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$652.79M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$694.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$648.29M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$679.09M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$652.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$694.84M	USD	Point-in-time

Stockholders Equity 52 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	47.27M	shares	Point-in-time
Tax expense (benefit) for unrealized holding gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$130.00K	USD	2 Qtrs
Tax expense (benefit) for unrealized holding gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	-	USD	2 Qtrs
Tax expense (benefit) for unrealized holding gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	-	USD	1 Quarter
Tax expense (benefit) for unrealized holding gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$239.00K	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	46.40M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.87B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.89B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.97B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.79B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.86B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.89B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-46.44M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$16.68M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-21.90M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$9.05M	USD	2 Qtrs
Other comprehensive loss, net of tax expense	`OtherComprehensiveIncomeLossNetOfTaxExcludingSeparationAdjustments`	$-30.53M	USD	2 Qtrs
Other comprehensive loss, net of tax expense	`OtherComprehensiveIncomeLossNetOfTaxExcludingSeparationAdjustments`	$1.75M	USD	1 Quarter
Other comprehensive loss, net of tax expense	`OtherComprehensiveIncomeLossNetOfTaxExcludingSeparationAdjustments`	$5.79M	USD	2 Qtrs
Other comprehensive loss, net of tax expense	`OtherComprehensiveIncomeLossNetOfTaxExcludingSeparationAdjustments`	$-24.27M	USD	1 Quarter
Issuance of restricted stock, net	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	2 Qtrs
Issuance of restricted stock, net	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-357.00K	USD	1 Quarter
Issuance of restricted stock, net	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-3.23M	USD	2 Qtrs
Issuance of restricted stock, net	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of shares under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.72M	USD	1 Quarter
Issuance of shares under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.24M	USD	2 Qtrs
Issuance of shares under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.24M	USD	1 Quarter
Issuance of shares under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.72M	USD	2 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$71.34M	USD	2 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$63.90M	USD	2 Qtrs
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$12.65M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$63.90M	USD	1 Quarter
Retirement of common stock	`TreasuryStockRetiredParValueMethodAmount`	$5.01M	USD	2 Qtrs
Retirement of common stock	`TreasuryStockRetiredParValueMethodAmount`	$883.00K	USD	1 Quarter
Retirement of common stock	`TreasuryStockRetiredParValueMethodAmount`	-	USD	2 Qtrs
Retirement of common stock	`TreasuryStockRetiredParValueMethodAmount`	-	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.22M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.62M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.70M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.42M	USD	2 Qtrs
Other, net	`StockholdersEquityOther`	$-136.00K	USD	2 Qtrs
Other, net	`StockholdersEquityOther`	$52.00K	USD	1 Quarter
Other, net	`StockholdersEquityOther`	$-15.00K	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$148.00K	USD	2 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	47.27M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	46.40M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.87B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.89B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.97B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.79B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.86B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.89B	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Tax expense (benefit) for unrealized holding gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-239.00K	USD	1 Quarter
Tax expense (benefit) for unrealized holding gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-130.00K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-46.44M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$16.68M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-21.90M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$9.05M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-24.27M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.47M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-30.53M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.18M	USD	2 Qtrs
Consensus separation adjustment	`AdjustmentForSeparationFromBusiness`	-	USD	1 Quarter
Consensus separation adjustment	`AdjustmentForSeparationFromBusiness`	-	USD	2 Qtrs
Consensus separation adjustment	`AdjustmentForSeparationFromBusiness`	$4.06M	USD	2 Qtrs
Consensus separation adjustment	`AdjustmentForSeparationFromBusiness`	-	USD	1 Quarter
Change in fair value on available-for-sale investments, net of tax benefit of $239 and $130 for the three and six months ended June 30, 2023, respectively.	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-713.00K	USD	1 Quarter
Change in fair value on available-for-sale investments, net of tax benefit of $239 and $130 for the three and six months ended June 30, 2023, respectively.	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Change in fair value on available-for-sale investments, net of tax benefit of $239 and $130 for the three and six months ended June 30, 2023, respectively.	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-389.00K	USD	2 Qtrs
Change in fair value on available-for-sale investments, net of tax benefit of $239 and $130 for the three and six months ended June 30, 2023, respectively.	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-26.47M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$5.79M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.75M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-24.27M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$18.43M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$14.84M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-48.37M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-70.70M	USD	1 Quarter

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