10-Q Filing

AKAMAI TECHNOLOGIES INC CIK: 1086222 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001086222-19-000210`
Period End Date	20190630
Filing Date	20190808
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	akam10q6302019_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 76 Cash Flow Statement 100 Stockholders Equity 51 Comprehensive Income 24

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable reserve	`TotalAccountsReceivableReserves`	$1.53M	USD	Point-in-time
Accounts receivable reserve	`TotalAccountsReceivableReserves`	$1.61M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$515.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$977.49M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.04B	USD	Point-in-time
Preferred stock, shares designated as Series A Junior Participating Preferred Stock	`ConvertiblePreferredStockSharesReservedForFutureIssuance`	700,000.00	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$526.60M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$855.65M	USD	Point-in-time
Preferred stock, shares designated as Series A Junior Participating Preferred Stock	`ConvertiblePreferredStockSharesReservedForFutureIssuance`	700,000.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of reserves of $1,612 and $1,534 at June 30, 2019, and December 31, 2018, respectively	`AccountsReceivableNetCurrent`	$479.89M	USD	Point-in-time
Accounts receivable, net of reserves of $1,612 and $1,534 at June 30, 2019, and December 31, 2018, respectively	`AccountsReceivableNetCurrent`	$523.38M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$163.36M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$178.92M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.74B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.54B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$287.05M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$209.07M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.02B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$910.62M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	164.91M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	162.90M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$359.13M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	163.36M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	162.90M	shares	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$168.35M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$176.03M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	0.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.55M	shares	Point-in-time
Goodwill	`Goodwill`	$1.49B	USD	Point-in-time
Goodwill	`Goodwill`	$1.59B	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$34.91M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$19.68M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$116.07M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$150.51M	USD	Point-in-time
Total assets	`Assets`	$5.34B	USD	Point-in-time
Total assets	`Assets`	$5.46B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$126.54M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$99.09M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$328.30M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$250.01M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$110.75M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$69.08M	USD	Point-in-time
Convertible senior notes	`ConvertibleNotesPayableCurrent`	$686.55M	USD	Point-in-time
Convertible senior notes	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$96.16M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$7.35M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$27.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.21B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$590.81M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$4.56M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$5.20M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$25.10M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$19.62M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$893.19M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$874.08M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$299.06M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$135.10M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$160.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.27B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.95B	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; 5,000,000 shares authorized; 700,000 shares designated as Series A Junior Participating Preferred Stock; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 5,000,000 shares authorized; 700,000 shares designated as Series A Junior Participating Preferred Stock; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 700,000,000 shares authorized; 164,906,403 shares issued and 163,359,091 shares outstanding at June 30, 2019, and 162,904,550 shares issued and outstanding at December 31, 2018	`CommonStockValue`	$1.65M	USD	Point-in-time
Common stock, $0.01 par value; 700,000,000 shares authorized; 164,906,403 shares issued and 163,359,091 shares outstanding at June 30, 2019, and 162,904,550 shares issued and outstanding at December 31, 2018	`CommonStockValue`	$1.63M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.76B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.67B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-48.91M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-42.48M	USD	Point-in-time
Treasury stock, at cost, 1,547,312 shares at June 30, 2019, and no shares at December 31, 2018	`TreasuryStockValue`	$116.25M	USD	Point-in-time
Treasury stock, at cost, 1,547,312 shares at June 30, 2019, and no shares at December 31, 2018	`TreasuryStockValue`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-208.99M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-430.89M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.36B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.28B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.39B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.45B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.19B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.39B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.34B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.46B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$705.07M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.41B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.33B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$662.76M	USD	1 Quarter
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$242.19M	USD	1 Quarter
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$470.31M	USD	2 Qtrs
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$235.49M	USD	1 Quarter
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$482.94M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$127.58M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$59.71M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$124.77M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$61.44M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$135.11M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$131.68M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$261.38M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$254.23M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$324.59M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$170.21M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$242.95M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$120.12M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$9.65M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$16.73M	USD	2 Qtrs
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$8.29M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$19.25M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$15.17M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$790.00K	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$7.18M	USD	2 Qtrs
Restructuring charges	`RestructuringCharges`	$266.00K	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$1.21B	USD	2 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$605.64M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$1.14B	USD	2 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$569.29M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$270.31M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$57.12M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$135.78M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$125.67M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$15.04M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$10.37M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$6.41M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$6.41M	USD	1 Quarter
Interest expense	`InterestExpense`	$20.56M	USD	2 Qtrs
Interest expense	`InterestExpense`	$14.05M	USD	2 Qtrs
Interest expense	`InterestExpense`	$9.20M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.45M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.75M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.77M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-67.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-578.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$264.72M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$51.55M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$133.17M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$119.25M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.49M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$22.47M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$43.68M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.25M	USD	1 Quarter
Net income	`NetIncomeLoss`	$96.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$221.04M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$113.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.06M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.35	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.70	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.25	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.57	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.56	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.34	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.25	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.69	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.32M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.41M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	170.25M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	170.18M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	164.90M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	172.31M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	172.16M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.02M	shares	1 Quarter

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$69.32M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$96.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$221.04M	USD	2 Qtrs
Income tax refund received	`ProceedsFromIncomeTaxRefunds`	$2.22M	USD	2 Qtrs
Income tax refund received	`ProceedsFromIncomeTaxRefunds`	$8.66M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$113.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.06M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$515.90M	USD	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$214.27M	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$977.49M	USD	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$210.39M	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.04B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$373.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$851.00K	USD	Point-in-time
Stock-based compensation	`ShareBasedCompensation`	$93.45M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$92.18M	USD	2 Qtrs
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$314.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$978.34M	USD	Point-in-time
Provision (benefit) for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$24.61M	USD	2 Qtrs
Provision (benefit) for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-12.12M	USD	2 Qtrs
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$516.27M	USD	Point-in-time
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$19.63M	USD	2 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$63.71M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$13.76M	USD	2 Qtrs
Restructuring-related software charges	`RestructuringCosts`	$2.82M	USD	2 Qtrs
Restructuring-related software charges	`RestructuringCosts`	-	USD	2 Qtrs
Other non-cash reconciling items, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$1.18M	USD	2 Qtrs
Other non-cash reconciling items, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$8.02M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$38.13M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$16.89M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$23.29M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.58M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-52.79M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-27.09M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$29.55M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$27.97M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInRestructuringReserve`	$-18.74M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInRestructuringReserve`	$5.66M	USD	2 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-59.00K	USD	2 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-9.57M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$411.69M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$478.78M	USD	2 Qtrs
Cash paid for acquired businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$79.00K	USD	2 Qtrs
Cash paid for acquired businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$121.41M	USD	2 Qtrs
Cash paid for equity method investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Cash paid for equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$36.01M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$98.30M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$158.16M	USD	2 Qtrs
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$117.62M	USD	2 Qtrs
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$103.41M	USD	2 Qtrs
Purchases of short- and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$391.76M	USD	2 Qtrs
Purchases of short- and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$467.89M	USD	2 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$16.20M	USD	2 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$268.00K	USD	2 Qtrs
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$124.37M	USD	2 Qtrs
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$649.26M	USD	2 Qtrs
Other non-current assets and liabilities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.24M	USD	2 Qtrs
Other non-current assets and liabilities	`PaymentsForProceedsFromOtherInvestingActivities`	$479.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-173.19M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-529.59M	USD	2 Qtrs
Proceeds from the issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Proceeds from the issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	$1.13B	USD	2 Qtrs
Proceeds from the issuance of warrants	`ProceedsFromIssuanceOfWarrants`	-	USD	2 Qtrs
Proceeds from the issuance of warrants	`ProceedsFromIssuanceOfWarrants`	$119.94M	USD	2 Qtrs
Purchase of note hedge related to convertible senior notes	`PaymentsForHedgeFinancingActivities`	-	USD	2 Qtrs
Purchase of note hedge related to convertible senior notes	`PaymentsForHedgeFinancingActivities`	$261.74M	USD	2 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$690.00M	USD	2 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	2 Qtrs
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$28.77M	USD	2 Qtrs
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$34.10M	USD	2 Qtrs
Employee taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$41.31M	USD	2 Qtrs
Employee taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$49.96M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$81.40M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$116.25M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$185.51M	USD	2 Qtrs
Other non-current assets and liabilities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.56M	USD	2 Qtrs
Other non-current assets and liabilities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.84M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$793.27M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-828.99M	USD	2 Qtrs
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-11.46M	USD	2 Qtrs
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.68M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$663.91M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-520.72M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$314.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$978.34M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$516.27M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$314.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$978.34M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$516.27M	USD	Point-in-time
Cash paid for income taxes, net of refunds received of $2,216 and $8,656 for the six months ended June 30, 2019 and 2018, respectively	`IncomeTaxesPaidNet`	$54.27M	USD	2 Qtrs
Cash paid for income taxes, net of refunds received of $2,216 and $8,656 for the six months ended June 30, 2019 and 2018, respectively	`IncomeTaxesPaidNet`	$28.09M	USD	2 Qtrs
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$69.32M	USD	2 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$63.71M	USD	2 Qtrs
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$34.02M	USD	2 Qtrs
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$71.07M	USD	2 Qtrs
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$18.76M	USD	2 Qtrs
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$16.89M	USD	2 Qtrs

Stockholders Equity 51 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$3.36B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.28B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.39B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.45B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.19B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.39B	USD	Point-in-time
Cumulative-effect adjustment to accumulated deficit related to adoption of new accounting pronouncement	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$-38.60M	USD	2 Qtrs
Cumulative-effect adjustment to accumulated deficit related to adoption of new accounting pronouncement	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$851.00K	USD	2 Qtrs
Issuance of common stock upon the exercise of stock options and vesting of restricted and deferred stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueExerciseOfStockOptionsandVestingofRestrictedandDeferredStockUnits`	$-10.99M	USD	1 Quarter
Issuance of common stock upon the exercise of stock options and vesting of restricted and deferred stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueExerciseOfStockOptionsandVestingofRestrictedandDeferredStockUnits`	$-38.51M	USD	2 Qtrs
Issuance of common stock upon the exercise of stock options and vesting of restricted and deferred stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueExerciseOfStockOptionsandVestingofRestrictedandDeferredStockUnits`	$-11.15M	USD	1 Quarter
Issuance of common stock upon the exercise of stock options and vesting of restricted and deferred stock units, net of shares withheld for employee taxes	`StockIssuedDuringPeriodValueExerciseOfStockOptionsandVestingofRestrictedandDeferredStockUnits`	$-48.91M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$25.77M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$27.67M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$27.67M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$25.77M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$56.50M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$112.07M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$57.99M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$108.89M	USD	2 Qtrs
Equity component of convertible senior notes, net of issuance costs of $1,649	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$275.84M	USD	2 Qtrs
Equity component of convertible senior notes, net of issuance costs of $1,649	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$275.84M	USD	1 Quarter
Issuance costs for convertible senior notes	`AdjustmentstoAdditionalPaidinCapitalEquityComponentofConvertibleDebtIssuanceCosts`	$1.65M	USD	1 Quarter
Issuance costs for convertible senior notes	`AdjustmentstoAdditionalPaidinCapitalEquityComponentofConvertibleDebtIssuanceCosts`	$1.65M	USD	2 Qtrs
Issuance of warrants related to convertible senior notes	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$119.94M	USD	1 Quarter
Issuance of warrants related to convertible senior notes	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$119.94M	USD	2 Qtrs
Purchase of note hedge related to convertible senior notes	`AdjustmentstoAdditionalPaidinCapitalDerivativePurchaseRelatedtoConvertibleSeniorNotes`	$261.74M	USD	2 Qtrs
Purchase of note hedge related to convertible senior notes	`AdjustmentstoAdditionalPaidinCapitalDerivativePurchaseRelatedtoConvertibleSeniorNotes`	$261.74M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$185.51M	USD	2 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$81.38M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$116.25M	USD	2 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$165.73M	USD	1 Quarter
Treasury stock retirement	`TreasuryStockRetiredCostMethodAmount`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$96.78M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$221.04M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$113.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.06M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-24.56M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-18.27M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.85M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.35M	USD	2 Qtrs
Change in unrealized gain (loss) on investments, net of income tax (provision) benefit of $(547), $(299), $(1,101) and $572 for the three and six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.08M	USD	2 Qtrs
Change in unrealized gain (loss) on investments, net of income tax (provision) benefit of $(547), $(299), $(1,101) and $572 for the three and six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.76M	USD	2 Qtrs
Change in unrealized gain (loss) on investments, net of income tax (provision) benefit of $(547), $(299), $(1,101) and $572 for the three and six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.65M	USD	1 Quarter
Change in unrealized gain (loss) on investments, net of income tax (provision) benefit of $(547), $(299), $(1,101) and $572 for the three and six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$921.00K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$3.36B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.28B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.39B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.45B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.19B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.39B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Income tax on unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-572.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$96.78M	USD	2 Qtrs
Income tax on unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$547.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$221.04M	USD	2 Qtrs
Income tax on unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$113.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.06M	USD	1 Quarter
Income tax on unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$299.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-24.56M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-18.27M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.85M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.35M	USD	2 Qtrs
Change in unrealized gain (loss) on investments, net of income tax (provision) benefit of $(547), $(299), $(1,101) and $572 for the three and six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.08M	USD	2 Qtrs
Change in unrealized gain (loss) on investments, net of income tax (provision) benefit of $(547), $(299), $(1,101) and $572 for the three and six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.76M	USD	2 Qtrs
Change in unrealized gain (loss) on investments, net of income tax (provision) benefit of $(547), $(299), $(1,101) and $572 for the three and six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.65M	USD	1 Quarter
Change in unrealized gain (loss) on investments, net of income tax (provision) benefit of $(547), $(299), $(1,101) and $572 for the three and six months ended June 30, 2019 and 2018, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$921.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-20.04M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.43M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-23.64M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.42M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$76.73M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$227.47M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$118.41M	USD	1 Quarter

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