10-Q Filing

AKAMAI TECHNOLOGIES INC CIK: 1086222 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001086222-20-000103`
Period End Date	20200331
Filing Date	20200508
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	akam-20200331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 40 Cash Flow Statement 93 Stockholders Equity 20 Comprehensive Income 12

Balance Sheet 93 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable reserve	`TotalAccountsReceivableReserves`	$3.18M	USD	Point-in-time
Accounts receivable reserve	`TotalAccountsReceivableReserves`	$1.88M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$688.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$384.10M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$393.75M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$865.17M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$1.14B	USD	Point-in-time
Preferred stock, shares designated as Series A Junior Participating Preferred Stock (in shares)	`ConvertiblePreferredStockSharesReservedForFutureIssuance`	700,000.00	shares	Point-in-time
Preferred stock, shares designated as Series A Junior Participating Preferred Stock (in shares)	`ConvertiblePreferredStockSharesReservedForFutureIssuance`	700,000.00	shares	Point-in-time
Accounts receivable, net of reserves of $3,181 and $1,880 at March 31, 2020, and December 31, 2019, respectively	`AccountsReceivableNetCurrent`	$613.81M	USD	Point-in-time
Accounts receivable, net of reserves of $3,181 and $1,880 at March 31, 2020, and December 31, 2019, respectively	`AccountsReceivableNetCurrent`	$551.94M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$151.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$142.68M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.01B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.23B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$961.15M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$835.38M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	163.05M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.15B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.18B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	162.00M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$758.45M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	162.00M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	162.18M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$738.18M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$205.49M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$179.43M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	871,294.00	shares	Point-in-time
Goodwill	`Goodwill`	$1.60B	USD	Point-in-time
Goodwill	`Goodwill`	$1.59B	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$76.53M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$80.04M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$173.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$173.06M	USD	Point-in-time
Total assets	`Assets`	$6.95B	USD	Point-in-time
Total assets	`Assets`	$7.01B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$114.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$138.95M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$334.86M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$265.44M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$71.22M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$99.10M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$141.88M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$139.46M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$8.84M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$693.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$630.25M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$4.18M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$4.37M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$29.05M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$29.19M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$1.84B	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$1.86B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$692.18M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$673.03M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$82.94M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$90.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.35B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.28B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`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; 163,047,883 shares issued and 162,176,589 shares outstanding at March 31, 2020, and 162,000,843 shares issued and outstanding at December 31, 2019	`CommonStockValue`	$1.62M	USD	Point-in-time
Common stock, $0.01 par value; 700,000,000 shares authorized; 163,047,883 shares issued and 162,176,589 shares outstanding at March 31, 2020, and 162,000,843 shares issued and outstanding at December 31, 2019	`CommonStockValue`	$1.63M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.65B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.66B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-79.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-45.14M	USD	Point-in-time
Treasury stock, at cost, 871,294 shares at March 31, 2020, and no shares at December 31, 2019	`TreasuryStockValue`	$80.55M	USD	Point-in-time
Treasury stock, at cost, 871,294 shares at March 31, 2020, and no shares at December 31, 2019	`TreasuryStockValue`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$171.14M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$48.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.19B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.28B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.66B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.01B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.95B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$706.51M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$764.30M	USD	1 Quarter
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$240.74M	USD	1 Quarter
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$268.58M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$71.22M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$66.14M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$123.79M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$126.28M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$122.83M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$127.36M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$9.60M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$10.43M	USD	1 Quarter
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$6.39M	USD	1 Quarter
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$10.59M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$611.97M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$571.98M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$152.33M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$134.53M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$8.63M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$7.04M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.12M	USD	1 Quarter
Interest expense	`InterestExpense`	$17.20M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$511.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-4.11M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$138.06M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$131.56M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.29M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$24.43M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-622.00K	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$107.13M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.76	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.66	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.65	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	161.99M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.24M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	163.68M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	164.79M	shares	1 Quarter

Cash Flow Statement 93 line items

Line Item	Tag	Value	Unit	Period
Proceeds from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$1.18M	USD	1 Quarter
Proceeds from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$1.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$107.13M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$688.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$384.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$393.75M	USD	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$108.20M	USD	1 Quarter
Restricted cash	`RestrictedCash`	$1.73M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.69M	USD	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$116.21M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$45.30M	USD	1 Quarter
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`	$690.38M	USD	Point-in-time
Stock-based compensation	`ShareBasedCompensation`	$47.49M	USD	1 Quarter
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$385.83M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$394.15M	USD	Point-in-time
(Benefit) provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$8.98M	USD	1 Quarter
(Benefit) provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.89M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$15.63M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$11.62M	USD	1 Quarter
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$121.00K	USD	1 Quarter
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$-12.05M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$43.77M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$73.91M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.43M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.03M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-85.37M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-27.46M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$29.29M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$26.99M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInRestructuringReserve`	$-9.47M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInRestructuringReserve`	$928.00K	USD	1 Quarter
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-2.08M	USD	1 Quarter
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.51M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$160.85M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$223.24M	USD	1 Quarter
Cash received (paid) for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-106.00K	USD	1 Quarter
Cash received (paid) for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$121.46M	USD	1 Quarter
Cash paid for asset acquisition	`PaymentsToAcquireAssets`	-	USD	1 Quarter
Cash paid for asset acquisition	`PaymentsToAcquireAssets`	$36.38M	USD	1 Quarter
Cash paid for equity method investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	1 Quarter
Cash paid for equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$40.21M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$141.09M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$69.75M	USD	1 Quarter
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$72.68M	USD	1 Quarter
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$74.33M	USD	1 Quarter
Purchases of short- and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$10.62M	USD	1 Quarter
Purchases of short- and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$389.78M	USD	1 Quarter
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$244.00K	USD	1 Quarter
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.18M	USD	1 Quarter
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$547.79M	USD	1 Quarter
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$529.64M	USD	1 Quarter
Other non-current assets and liabilities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.94M	USD	1 Quarter
Other non-current assets and liabilities	`PaymentsForProceedsFromOtherInvestingActivities`	$76.00K	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-110.74M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$236.24M	USD	1 Quarter
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$690.00M	USD	1 Quarter
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	1 Quarter
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$19.77M	USD	1 Quarter
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$19.55M	USD	1 Quarter
Employee taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$38.64M	USD	1 Quarter
Employee taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$50.84M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$34.87M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$80.55M	USD	1 Quarter
Other non-current assets and liabilities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.56M	USD	1 Quarter
Other non-current assets and liabilities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-745.29M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-111.84M	USD	1 Quarter
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.60M	USD	1 Quarter
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-8.98M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.32M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-346.60M	USD	1 Quarter
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`	$690.38M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$385.83M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$394.15M	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`	$690.38M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$385.83M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$394.15M	USD	Point-in-time
Cash paid for income taxes, net of refunds received of $1,204 and $1,176 for the three months ended March 31, 2020 and 2019, respectively	`IncomeTaxesPaidNet`	$21.44M	USD	1 Quarter
Cash paid for income taxes, net of refunds received of $1,204 and $1,176 for the three months ended March 31, 2020 and 2019, respectively	`IncomeTaxesPaidNet`	$44.16M	USD	1 Quarter
Cash paid for interest expense	`InterestPaidNet`	$2.36M	USD	1 Quarter
Cash paid for interest expense	`InterestPaidNet`	-	USD	1 Quarter
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$30.50M	USD	1 Quarter
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$47.07M	USD	1 Quarter
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$31.05M	USD	1 Quarter
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$29.26M	USD	1 Quarter
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$22.87M	USD	1 Quarter
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$49.63M	USD	1 Quarter
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$8.72M	USD	1 Quarter
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$8.83M	USD	1 Quarter

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$3.67B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.19B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.28B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.66B	USD	Point-in-time
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`	$-37.76M	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`	$-50.70M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$56.22M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$54.08M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$80.55M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$34.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$107.13M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.28M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$502.00K	USD	1 Quarter
Change in unrealized loss on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.43M	USD	1 Quarter
Change in unrealized loss on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-7.57M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$3.67B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.19B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.28B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.66B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Income tax benefit (provision) on unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-1.47M	USD	1 Quarter
Income tax benefit (provision) on unrealized gain (loss) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$554.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$107.13M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.28M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$502.00K	USD	1 Quarter
Change in unrealized (loss) gain on investments, net of income tax benefit (provision) of $1,465 and $(554) for the three months ended March 31, 2020 and 2019, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.43M	USD	1 Quarter
Change in unrealized (loss) gain on investments, net of income tax benefit (provision) of $1,465 and $(554) for the three months ended March 31, 2020 and 2019, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-7.57M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.85M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.93M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$109.06M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$89.30M	USD	1 Quarter

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