10-Q Filing

AKAMAI TECHNOLOGIES INC CIK: 1086222 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001086222-21-000146`
Period End Date	20210331
Filing Date	20210507
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	akam-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 40 Cash Flow Statement 87 Stockholders Equity 20 Comprehensive Income 12

Balance Sheet 93 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable reserve	`TotalAccountsReceivableReserves`	$1.82M	USD	Point-in-time
Accounts receivable reserve	`TotalAccountsReceivableReserves`	$1.65M	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`	$384.10M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$456.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$352.92M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	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
Marketable securities	`MarketableSecuritiesCurrent`	$831.26M	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
Marketable securities	`MarketableSecuritiesCurrent`	$745.16M	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
Accounts receivable, net of reserves of $1,654 and $1,822 at March 31, 2021, and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$666.54M	USD	Point-in-time
Accounts receivable, net of reserves of $1,654 and $1,822 at March 31, 2021, and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$660.05M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$171.41M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$206.81M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.93B	USD	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`	$2.16B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesNoncurrent`	$1.40B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesNoncurrent`	$1.17B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.51B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	162.71M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	163.84M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.48B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	163.25M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$825.94M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	162.71M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$793.95M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$234.72M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$227.44M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	591,963.00	shares	Point-in-time
Goodwill	`Goodwill`	$1.68B	USD	Point-in-time
Goodwill	`Goodwill`	$1.67B	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$106.92M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$103.43M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$147.57M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$140.65M	USD	Point-in-time
Total assets	`Assets`	$7.82B	USD	Point-in-time
Total assets	`Assets`	$7.76B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$118.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$119.46M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$309.89M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$380.47M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$102.53M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$76.60M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$154.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$156.66M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$26.59M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$27.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$715.13M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$758.17M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$4.08M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$5.26M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$37.46M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$35.12M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$1.91B	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$1.92B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$715.40M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$733.54M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$84.86M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$89.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.51B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.50B	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; 163,837,904 shares issued and 163,245,941 shares outstanding at March 31, 2021, and 162,709,720 shares issued and outstanding at December 31, 2020	`CommonStockValue`	$1.63M	USD	Point-in-time
Common stock, $0.01 par value; 700,000,000 shares authorized; 163,837,904 shares issued and 163,245,941 shares outstanding at March 31, 2021, and 162,709,720 shares issued and outstanding at December 31, 2020	`CommonStockValue`	$1.64M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.66B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.66B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-47.35M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-20.20M	USD	Point-in-time
Treasury stock, at cost, 591,963 shares at March 31, 2021, and no shares at December 31, 2020	`TreasuryStockValue`	-	USD	Point-in-time
Treasury stock, at cost, 591,963 shares at March 31, 2021, and no shares at December 31, 2020	`TreasuryStockValue`	$58.24M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$760.75M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$605.05M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.66B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.32B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.25B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.76B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.82B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$842.71M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$764.30M	USD	1 Quarter
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$306.69M	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`	$82.05M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$71.22M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$123.79M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$116.35M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$136.72M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$127.36M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$11.43M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$10.43M	USD	1 Quarter
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$10.59M	USD	1 Quarter
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$7.12M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$611.97M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$660.34M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$152.33M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$182.36M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$7.04M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.58M	USD	1 Quarter
Interest expense	`InterestExpense`	$17.83M	USD	1 Quarter
Interest expense	`InterestExpense`	$17.20M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-4.11M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-817.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$138.06M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$168.29M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.29M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$11.90M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-698.00K	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-622.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$155.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.15M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.76	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.95	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.94	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	161.99M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.06M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	163.68M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.69M	shares	1 Quarter

Cash Flow Statement 87 line items

Line Item	Tag	Value	Unit	Period
Proceeds from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$1.85M	USD	1 Quarter
Proceeds from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$1.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$155.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.15M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$384.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$456.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$352.92M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.73M	USD	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$116.21M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$131.47M	USD	1 Quarter
Restricted cash	`RestrictedCash`	$2.22M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$385.83M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$394.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$459.02M	USD	Point-in-time
Stock-based compensation	`ShareBasedCompensation`	$54.30M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$47.49M	USD	1 Quarter
Provision (benefit) for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.76M	USD	1 Quarter
Provision (benefit) for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.89M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$16.26M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$15.63M	USD	1 Quarter
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$-1.23M	USD	1 Quarter
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$-12.05M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.58M	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`	$35.39M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-72.99M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-27.46M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$26.99M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$25.44M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInRestructuringReserve`	$928.00K	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInRestructuringReserve`	$-716.00K	USD	1 Quarter
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$11.69M	USD	1 Quarter
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.51M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$223.24M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$249.79M	USD	1 Quarter
Cash (paid) received for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-106.00K	USD	1 Quarter
Cash (paid) received for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.64M	USD	1 Quarter
Cash paid for asset acquisition	`PaymentsToAcquireAssets`	$36.38M	USD	1 Quarter
Cash paid for asset acquisition	`PaymentsToAcquireAssets`	-	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$141.09M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$87.22M	USD	1 Quarter
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$77.50M	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`	$389.78M	USD	1 Quarter
Purchases of short- and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$90.28M	USD	1 Quarter
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$7.15M	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`	$227.00M	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`	$76.00K	USD	1 Quarter
Other non-current assets and liabilities	`PaymentsForProceedsFromOtherInvestingActivities`	$-179.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-36.31M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-110.74M	USD	1 Quarter
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$19.55M	USD	1 Quarter
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$21.41M	USD	1 Quarter
Employee taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$63.95M	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`	$58.24M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$80.55M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-100.78M	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`	$-7.15M	USD	1 Quarter
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-8.98M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.32M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$105.56M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.47M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$459.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.47M	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, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$459.02M	USD	Point-in-time
Cash paid for income taxes, net of refunds received of $1,846 and $1,204 for the three months ended March 31, 2021 and 2020, respectively	`IncomeTaxesPaidNet`	$17.74M	USD	1 Quarter
Cash paid for income taxes, net of refunds received of $1,846 and $1,204 for the three months ended March 31, 2021 and 2020, respectively	`IncomeTaxesPaidNet`	$21.44M	USD	1 Quarter
Cash paid for interest expense	`InterestPaidNet`	$2.36M	USD	1 Quarter
Cash paid for interest expense	`InterestPaidNet`	$2.16M	USD	1 Quarter
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$63.67M	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`	$82.12M	USD	1 Quarter
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$31.05M	USD	1 Quarter
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$60.19M	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
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$9.46M	USD	1 Quarter
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$8.72M	USD	1 Quarter

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$3.66B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.67B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$4.32B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$4.25B	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`	$-64.01M	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`	$63.77M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$56.22M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$80.55M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$58.24M	USD	1 Quarter
Net income	`NetIncomeLoss`	$155.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.15M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-24.27M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.28M	USD	1 Quarter
Change in unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-7.57M	USD	1 Quarter
Change in unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.88M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$3.66B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.67B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$4.32B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$4.25B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Income tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-1.47M	USD	1 Quarter
Income tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-937.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$155.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$123.15M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-24.27M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.28M	USD	1 Quarter
Change in unrealized loss on investments, net of income tax benefit of $937 and $1,465 for the three months ended March 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-7.57M	USD	1 Quarter
Change in unrealized loss on investments, net of income tax benefit of $937 and $1,465 for the three months ended March 31, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.88M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.15M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.85M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$128.55M	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.