10-Q Filing

AKAMAI TECHNOLOGIES INC CIK: 1086222 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001086222-22-000224`
Period End Date	20220630
Filing Date	20220809
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	akam-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 97 Income Statement 80 Cash Flow Statement 93 Stockholders Equity 40 Comprehensive Income 24

Balance Sheet 97 line items

Line Item	Tag	Value	Unit	Period
Allowances for current expected credit losses and other reserves	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.01M	USD	Point-in-time
Allowances for current expected credit losses and other reserves	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.40M	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`	$581.07M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$426.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$536.73M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$263.98M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$541.47M	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 $2,012 and $1,397 at June 30, 2022, and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$668.42M	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 $2,012 and $1,397 at June 30, 2022, and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$675.93M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$166.31M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$207.04M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.57B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.92B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Marketable securities	`MarketableSecuritiesNoncurrent`	$1.09B	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
Marketable securities	`MarketableSecuritiesNoncurrent`	$640.67M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndCapitalizedSoftwareNet`	$1.54B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	160.51M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndCapitalizedSoftwareNet`	$1.53B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	162.03M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$815.75M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	159.47M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	160.51M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$797.31M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	0.00	shares	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$313.23M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$476.71M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	2.56M	shares	Point-in-time
Goodwill	`Goodwill`	$2.16B	USD	Point-in-time
Goodwill	`Goodwill`	$2.76B	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$168.34M	USD	Point-in-time
Deferred income tax assets	`DeferredIncomeTaxAssetsNet`	$292.82M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$142.29M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$131.69M	USD	Point-in-time
Total assets	`Assets`	$8.21B	USD	Point-in-time
Total assets	`Assets`	$8.14B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$109.93M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$131.65M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$411.59M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$306.40M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$111.77M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$86.52M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$75.00M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$186.94M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$175.68M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$5.32M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$6.62M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$790.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$817.08M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$25.45M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$25.34M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$39.37M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$40.97M	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$1.98B	USD	Point-in-time
Convertible senior notes	`ConvertibleLongTermNotesPayable`	$2.28B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$707.09M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$679.03M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$68.75M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$86.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.61B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.93B	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; 162,029,136 shares issued and 159,469,828 shares outstanding at June 30, 2022, and 160,512,111 shares issued and outstanding at December 31, 2021	`CommonStockValue`	$1.60M	USD	Point-in-time
Common stock, $0.01 par value; 700,000,000 shares authorized; 162,029,136 shares issued and 159,469,828 shares outstanding at June 30, 2022, and 160,512,111 shares issued and outstanding at December 31, 2021	`CommonStockValue`	$1.62M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.34B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.05B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-69.11M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-143.08M	USD	Point-in-time
Treasury stock, at cost, 2,559,308 shares at June 30, 2022, and no shares at December 31, 2021	`TreasuryStockValue`	-	USD	Point-in-time
Treasury stock, at cost, 2,559,308 shares at June 30, 2022, and no shares at December 31, 2021	`TreasuryStockValue`	$267.64M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.26B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.64B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.48B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.30B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.25B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.53B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.32B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$4.28B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.14B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$8.21B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.81B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.70B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$852.82M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$903.33M	USD	1 Quarter
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$346.65M	USD	1 Quarter
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$679.40M	USD	2 Qtrs
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$320.00M	USD	1 Quarter
Cost of revenue (exclusive of amortization of acquired intangible assets shown below)	`CostOfRevenue`	$626.69M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$92.07M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$77.25M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$159.30M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$192.00M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$228.25M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$111.89M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$249.38M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$126.67M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$141.22M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$271.01M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$134.29M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$294.48M	USD	2 Qtrs
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$12.06M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$30.62M	USD	2 Qtrs
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$23.49M	USD	2 Qtrs
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$16.97M	USD	1 Quarter
Restructuring charge (benefit)	`RestructuringAndRelatedCostIncurredCost`	$4.71M	USD	1 Quarter
Restructuring charge (benefit)	`RestructuringAndRelatedCostIncurredCost`	$5.00M	USD	2 Qtrs
Restructuring charge (benefit)	`RestructuringAndRelatedCostIncurredCost`	$12.73M	USD	2 Qtrs
Restructuring charge (benefit)	`RestructuringAndRelatedCostIncurredCost`	$-2.11M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$1.46B	USD	2 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$1.31B	USD	2 Qtrs
Total costs and operating expenses	`CostsAndExpenses`	$653.39M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$728.29M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$199.43M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$175.04M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$348.36M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$381.80M	USD	2 Qtrs
Interest and marketable securities (loss) income, net	`InvestmentIncomeInterestAndDebtSecuritiesAvailableForSaleGainLoss`	$-2.54M	USD	2 Qtrs
Interest and marketable securities (loss) income, net	`InvestmentIncomeInterestAndDebtSecuritiesAvailableForSaleGainLoss`	$9.31M	USD	2 Qtrs
Interest and marketable securities (loss) income, net	`InvestmentIncomeInterestAndDebtSecuritiesAvailableForSaleGainLoss`	$4.74M	USD	1 Quarter
Interest and marketable securities (loss) income, net	`InvestmentIncomeInterestAndDebtSecuritiesAvailableForSaleGainLoss`	$-2.33M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.63M	USD	2 Qtrs
Interest expense	`InterestExpense`	$18.04M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.93M	USD	1 Quarter
Interest expense	`InterestExpense`	$35.87M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$816.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.63M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-811.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-8.75M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$353.61M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$331.44M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$170.59M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$185.32M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$18.01M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$85.11M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$29.91M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$51.06M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-10.82M	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-11.51M	USD	2 Qtrs
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Loss from equity method investment	`IncomeLossFromEquityMethodInvestments`	$-7.63M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$156.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$238.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$119.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$312.19M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.91	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.96	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.49	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.75	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.88	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.94	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.47	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.74	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	160.27M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.07M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.07M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	160.04M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	162.67M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.26M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	161.71M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.98M	shares	2 Qtrs

Cash Flow Statement 93 line items

Line Item	Tag	Value	Unit	Period
Proceeds from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$6.55M	USD	2 Qtrs
Proceeds from income tax refunds	`ProceedsFromIncomeTaxRefunds`	$2.06M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$156.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$238.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$119.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$312.19M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$269.19M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$293.20M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$108.11M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$104.79M	USD	2 Qtrs
(Benefit) provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-43.46M	USD	2 Qtrs
(Benefit) provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$7.22M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.21M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$32.72M	USD	2 Qtrs
Loss on investments	`GainLossOnInvestments`	$-11.51M	USD	2 Qtrs
Loss on investments	`GainLossOnInvestments`	$-15.89M	USD	2 Qtrs
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$-2.14M	USD	2 Qtrs
Other non-cash reconciling items, net	`OtherNoncashIncomeExpense`	$-22.64M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.95M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$38.13M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.85M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-59.98M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-83.06M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$18.09M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$26.18M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-16.23M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-5.90M	USD	2 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-8.37M	USD	2 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$15.39M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$627.93M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$563.88M	USD	2 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$872.10M	USD	2 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$15.64M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$125.22M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$194.45M	USD	2 Qtrs
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$124.83M	USD	2 Qtrs
Capitalization of internal-use software development costs	`PaymentsForSoftware`	$124.31M	USD	2 Qtrs
Purchases of short- and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$382.24M	USD	2 Qtrs
Purchases of short- and long-term marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$573.27M	USD	2 Qtrs
Proceeds from sales of short- and long-term marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$7.60M	USD	2 Qtrs
Proceeds from maturities and redemptions of short- and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$120.43M	USD	2 Qtrs
Proceeds from maturities and redemptions of short- and long-term marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$513.85M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$212.00K	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$4.21M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-432.12M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-195.93M	USD	2 Qtrs
Net proceeds from borrowings and repayments under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$75.00M	USD	2 Qtrs
Net proceeds from borrowings and repayments under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$29.14M	USD	2 Qtrs
Proceeds related to the issuance of common stock under stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$31.12M	USD	2 Qtrs
Employee taxes paid related to net share settlement of stock-based awards	`EmployeeTaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$63.14M	USD	2 Qtrs
Employee taxes paid related to net share settlement of stock-based awards	`EmployeeTaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$76.26M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$154.42M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$267.64M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-67.00K	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-104.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-226.74M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-199.62M	USD	2 Qtrs
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.15M	USD	2 Qtrs
Effects of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-15.26M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$228.23M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-110.25M	USD	2 Qtrs
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`	$537.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$581.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$427.51M	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`	$537.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$581.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$427.51M	USD	Point-in-time
Cash paid for income taxes, net of refunds received of $2,061 and $6,550 for the six months ended June 30, 2022 and 2021, respectively	`IncomeTaxesPaidNet`	$56.99M	USD	2 Qtrs
Cash paid for income taxes, net of refunds received of $2,061 and $6,550 for the six months ended June 30, 2022 and 2021, respectively	`IncomeTaxesPaidNet`	$113.08M	USD	2 Qtrs
Cash paid for interest expense	`InterestPaidNet`	$2.88M	USD	2 Qtrs
Cash paid for interest expense	`InterestPaidNet`	$2.88M	USD	2 Qtrs
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$117.63M	USD	2 Qtrs
Cash paid for operating lease liabilities	`OperatingLeasePayments`	$111.60M	USD	2 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$78.19M	USD	2 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$131.96M	USD	2 Qtrs
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$43.52M	USD	2 Qtrs
Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$39.08M	USD	2 Qtrs
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$19.52M	USD	2 Qtrs
Capitalization of stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$16.18M	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$581.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$426.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$536.73M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$627.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$796.00K	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$353.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$537.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$581.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$427.51M	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$4.48B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.30B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.25B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.53B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.32B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.28B	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`	$-64.53M	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`	$-76.88M	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`	$-12.88M	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`	$-9.89M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$29.31M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$31.53M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$31.53M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$29.31M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$124.03M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.26M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.53M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$124.29M	USD	2 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$164.79M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$154.42M	USD	2 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$96.17M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$267.64M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$156.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$238.70M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$119.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$312.19M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.28M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-49.28M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$16.98M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-47.24M	USD	2 Qtrs
Change in unrealized loss on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.19M	USD	1 Quarter
Change in unrealized loss on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.19M	USD	1 Quarter
Change in unrealized loss on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.07M	USD	2 Qtrs
Change in unrealized loss on investments, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-26.73M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$4.48B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.30B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.25B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.53B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.32B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.28B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$156.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$238.70M	USD	2 Qtrs
Income tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-5.51M	USD	2 Qtrs
Income tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-1.35M	USD	2 Qtrs
Income tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-410.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$119.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$312.19M	USD	2 Qtrs
Income tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-567.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.28M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-49.28M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$16.98M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-47.24M	USD	2 Qtrs
Change in unrealized loss on investments, net of income tax benefit of $567, $410, $5,515 and $1,347 for the three and six months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.19M	USD	1 Quarter
Change in unrealized loss on investments, net of income tax benefit of $567, $410, $5,515 and $1,347 for the three and six months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.19M	USD	1 Quarter
Change in unrealized loss on investments, net of income tax benefit of $567, $410, $5,515 and $1,347 for the three and six months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.07M	USD	2 Qtrs
Change in unrealized loss on investments, net of income tax benefit of $567, $410, $5,515 and $1,347 for the three and six months ended June 30, 2022 and 2021, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-26.73M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-73.97M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.36M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-54.47M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$15.79M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$164.73M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$172.29M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$65.07M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$300.84M	USD	2 Qtrs

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