10-Q Filing

AKAMAI TECHNOLOGIES INC CIK: 1086222 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001086222-21-000285`
Period End Date	20210930
Filing Date	20211108
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	akam-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 95 Income Statement 80 Cash Flow Statement 91 Stockholders Equity 38 Comprehensive Income 24

Balance Sheet 95 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable reserve	`TotalAccountsReceivableReserves`	$2.27M	USD	Point-in-time
Accounts receivable reserve	`TotalAccountsReceivableReserves`	$1.82M	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`	$352.92M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$742.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.26B	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
Marketable securities	`MarketableSecuritiesCurrent`	$652.70M	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 issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of reserves of $2,268 and $1,822 at September 30, 2021, and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$660.09M	USD	Point-in-time
Accounts receivable, net of reserves of $2,268 and $1,822 at September 30, 2021, and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$660.05M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	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`	$184.50M	USD	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
Total current assets	`AssetsCurrent`	$2.76B	USD	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, shares authorized (in shares)	`CommonStockSharesAuthorized`	700.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesNoncurrent`	$835.07M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.48B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	162.71M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.54B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	164.73M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$821.03M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$793.95M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	162.42M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	162.71M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$203.60M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	2.31M	shares	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$234.72M	USD	Point-in-time
Goodwill	`Goodwill`	$1.67B	USD	Point-in-time
Goodwill	`Goodwill`	$1.68B	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$106.92M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$136.31M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$147.57M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$133.79M	USD	Point-in-time
Total assets	`Assets`	$8.12B	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`	$98.31M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$380.47M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$376.04M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$76.60M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$83.37M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$164.56M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$154.80M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.17M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$27.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$731.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$758.17M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$5.26M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$5.36M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$35.33M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$37.46M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$1.96B	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$1.91B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$722.29M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$715.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$80.05M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$89.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.53B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.51B	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; 164,733,227 shares issued and 162,424,440 shares outstanding at September 30, 2021, and 162,709,720 shares issued and outstanding at December 31, 2020	`CommonStockValue`	$1.65M	USD	Point-in-time
Common stock, $0.01 par value; 700,000,000 shares authorized; 164,733,227 shares issued and 162,424,440 shares outstanding at September 30, 2021, and 162,709,720 shares issued and outstanding at December 31, 2020	`CommonStockValue`	$1.63M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.66B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.79B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-20.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-53.73M	USD	Point-in-time
Treasury stock, at cost, 2,308,787 shares at September 30, 2021, and no shares at December 31, 2020	`TreasuryStockValue`	$251.26M	USD	Point-in-time
Treasury stock, at cost, 2,308,787 shares at September 30, 2021, and no shares at December 31, 2020	`TreasuryStockValue`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.10B	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`	$4.11B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.90B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.58B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.25B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.48B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$7.76B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.12B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.56B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$860.33M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$792.85M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.35B	USD	3 Qtrs
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$316.87M	USD	1 Quarter
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$828.83M	USD	3 Qtrs
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$943.55M	USD	3 Qtrs
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$283.44M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$202.09M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$82.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$242.20M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$66.77M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$370.00M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$122.75M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$108.51M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$336.76M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$128.37M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$405.27M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$385.44M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$134.26M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$31.16M	USD	3 Qtrs
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$10.34M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$11.96M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$35.45M	USD	3 Qtrs
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$10.44M	USD	3 Qtrs
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$565.00K	USD	1 Quarter
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$21.00K	USD	1 Quarter
Restructuring charge	`RestructuringAndRelatedCostIncurredCost`	$5.57M	USD	3 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$1.97B	USD	3 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$611.69M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$1.83B	USD	3 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$655.07M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$181.16M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$205.26M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$523.92M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$587.06M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$22.85M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$12.19M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$6.31M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.87M	USD	1 Quarter
Interest expense	`InterestExpense`	$54.02M	USD	3 Qtrs
Interest expense	`InterestExpense`	$51.78M	USD	3 Qtrs
Interest expense	`InterestExpense`	$18.14M	USD	1 Quarter
Interest expense	`InterestExpense`	$17.32M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-7.87M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.01M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.16M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$3.63M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$547.24M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$193.63M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$167.98M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$487.12M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.65M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$41.76M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$43.55M	USD	3 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-1.06M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-559.00K	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-1.67M	USD	3 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-12.58M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$443.68M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$158.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$178.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$491.11M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.10	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.97	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.01	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.73	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.96	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.95	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.08	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.69	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	162.77M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	162.39M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	162.76M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	162.97M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	164.99M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.32M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.09M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.52M	shares	1 Quarter

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Proceeds from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$16.67M	USD	3 Qtrs
Proceeds from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$14.26M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$443.68M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$158.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$178.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$491.11M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$350.68M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$408.93M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$153.80M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$146.90M	USD	3 Qtrs
Benefit for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-22.55M	USD	3 Qtrs
Benefit for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-30.34M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$47.06M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$49.28M	USD	3 Qtrs
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$-16.28M	USD	3 Qtrs
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$-12.02M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.22M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$85.44M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.10M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$21.38M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$49.82M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-16.26M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$8.26M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$14.80M	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInRestructuringReserve`	$-1.64M	USD	3 Qtrs
Other current liabilities	`IncreaseDecreaseInRestructuringReserve`	$-17.96M	USD	3 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$10.86M	USD	3 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$14.32M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.02B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$923.91M	USD	3 Qtrs
Cash (paid) received for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-106.00K	USD	3 Qtrs
Cash (paid) received for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.64M	USD	3 Qtrs
Cash paid for asset acquisition	`PaymentsToAcquireAssets`	$36.38M	USD	3 Qtrs
Cash paid for asset acquisition	`PaymentsToAcquireAssets`	-	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$395.79M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$265.13M	USD	3 Qtrs
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$170.40M	USD	3 Qtrs
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$168.63M	USD	3 Qtrs
Purchases of short- and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$611.73M	USD	3 Qtrs
Purchases of short- and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.15B	USD	3 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$29.81M	USD	3 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$438.37M	USD	3 Qtrs
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$823.25M	USD	3 Qtrs
Proceeds from maturities of short- and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.30B	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.98M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.67M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-425.04M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$197.06M	USD	3 Qtrs
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$45.81M	USD	3 Qtrs
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$46.94M	USD	3 Qtrs
Employee taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$88.19M	USD	3 Qtrs
Employee taxes paid related to net share settlement of stock-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$77.30M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$251.26M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$121.08M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-268.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-152.56M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-292.78M	USD	3 Qtrs
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.23M	USD	3 Qtrs
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.54M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$912.71M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$349.84M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$743.98M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.27B	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`	$353.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$743.98M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.27B	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`	$353.47M	USD	Point-in-time
Cash paid for income taxes, net of refunds received of $14,261 and $16,674 for the nine months ended September 30, 2021 and 2020, respectively	`IncomeTaxesPaidNet`	$82.00M	USD	3 Qtrs
Cash paid for income taxes, net of refunds received of $14,261 and $16,674 for the nine months ended September 30, 2021 and 2020, respectively	`IncomeTaxesPaidNet`	$31.63M	USD	3 Qtrs
Cash paid for interest expense	`InterestPaidNet`	$5.24M	USD	3 Qtrs
Cash paid for interest expense	`InterestPaidNet`	$5.03M	USD	3 Qtrs
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$144.32M	USD	3 Qtrs
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$167.46M	USD	3 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$128.18M	USD	3 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$173.43M	USD	3 Qtrs
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$56.40M	USD	3 Qtrs
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$48.36M	USD	3 Qtrs
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$28.49M	USD	3 Qtrs
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$28.27M	USD	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$352.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$742.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.26B	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.46M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.59M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$743.98M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.27B	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$394.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.47M	USD	Point-in-time

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$3.66B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.11B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.90B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.58B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.25B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.48B	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`	$-11.87M	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`	$-88.75M	USD	3 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`	$-76.68M	USD	3 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`	$-13.39M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$31.53M	USD	3 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$29.17M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$182.04M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$59.83M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$175.27M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$57.75M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$121.08M	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$13.20M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$251.26M	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$96.84M	USD	1 Quarter
Net income	`NetIncomeLoss`	$443.68M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$158.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$178.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$491.11M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.16M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.29M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.18M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.44M	USD	3 Qtrs
Change in unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$6.58M	USD	3 Qtrs
Change in unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.01M	USD	1 Quarter
Change in unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.72M	USD	1 Quarter
Change in unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.08M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$3.66B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.11B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.90B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.58B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.25B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.48B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$443.68M	USD	3 Qtrs
Income tax benefit (provision)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.70M	USD	1 Quarter
Income tax benefit (provision)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$353.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$158.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$178.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$491.11M	USD	3 Qtrs
Income tax benefit (provision)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$559.00K	USD	3 Qtrs
Income tax benefit (provision)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.12M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-21.16M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.29M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.18M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-28.44M	USD	3 Qtrs
Change in unrealized (loss) gain on investments, net of income tax benefit (provision) of $353, $559, $1,700, and $(3,120) for the three and nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$6.58M	USD	3 Qtrs
Change in unrealized (loss) gain on investments, net of income tax benefit (provision) of $353, $559, $1,700, and $(3,120) for the three and nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.01M	USD	1 Quarter
Change in unrealized (loss) gain on investments, net of income tax benefit (provision) of $353, $559, $1,700, and $(3,120) for the three and nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.72M	USD	1 Quarter
Change in unrealized (loss) gain on investments, net of income tax benefit (provision) of $353, $559, $1,700, and $(3,120) for the three and nine months ended September 30, 2021 and 2020, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.08M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.52M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-710.00K	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.45M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-22.17M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$442.97M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$156.75M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$457.58M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$170.08M	USD	1 Quarter

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