10-Q Filing

FORTINET, INC. CIK: 1262039 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001262039-19-000023`
Period End Date	20190630
Filing Date	20190801
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	ftnt-0630201910xq_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 76 Cash Flow Statement 85 Stockholders Equity 32 Comprehensive Income 20

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$972.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$811.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.02B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$808.10M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$537.20M	USD	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$444.50M	USD	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$403.10M	USD	Point-in-time
Inventory	`InventoryNet`	$90.00M	USD	Point-in-time
Inventory	`InventoryNet`	$85.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$41.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.22B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.36B	USD	Point-in-time
LONG-TERM INVESTMENTS	`LongTermInvestments`	$149.50M	USD	Point-in-time
LONG-TERM INVESTMENTS	`LongTermInvestments`	$67.00M	USD	Point-in-time
PROPERTY AND EQUIPMENTNET	`PropertyPlantAndEquipmentNet`	$284.70M	USD	Point-in-time
PROPERTY AND EQUIPMENTNET	`PropertyPlantAndEquipmentNet`	$271.40M	USD	Point-in-time
DEFERRED CONTRACT COSTS	`CapitalizedContractCostNet`	$204.10M	USD	Point-in-time
DEFERRED CONTRACT COSTS	`CapitalizedContractCostNet`	$182.60M	USD	Point-in-time
DEFERRED TAX ASSETS	`DeferredIncomeTaxAssetsNet`	$255.00M	USD	Point-in-time
DEFERRED TAX ASSETS	`DeferredIncomeTaxAssetsNet`	$258.80M	USD	Point-in-time
GOODWILL	`Goodwill`	$38.20M	USD	Point-in-time
GOODWILL	`Goodwill`	$38.20M	USD	Point-in-time
OTHER INTANGIBLE ASSETSNET	`IntangibleAssetsNetExcludingGoodwill`	$22.10M	USD	Point-in-time
OTHER INTANGIBLE ASSETSNET	`IntangibleAssetsNetExcludingGoodwill`	$16.20M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$20.80M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$57.20M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.37B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.08B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$72.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$86.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$83.20M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$77.50M	USD	Point-in-time
Accrued payroll and compensation	`EmployeeRelatedLiabilitiesCurrent`	$91.60M	USD	Point-in-time
Accrued payroll and compensation	`EmployeeRelatedLiabilitiesCurrent`	$98.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$28.20M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$15.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$965.90M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.03B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.29B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.26B	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$835.00M	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$720.90M	USD	Point-in-time
INCOME TAX LIABILITIES	`AccruedIncomeTaxesNoncurrent`	$77.50M	USD	Point-in-time
INCOME TAX LIABILITIES	`AccruedIncomeTaxesNoncurrent`	$82.30M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$13.00M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$36.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.07B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.25B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value300 shares authorized; 171.0 and 169.8 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$200.00K	USD	Point-in-time
Common stock, $0.001 par value300 shares authorized; 171.0 and 169.8 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$200.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.13B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.07B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-800.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$900.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-9.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-57.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$693.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.12B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$589.40M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.06B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$780.20M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.08B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.37B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Common Stock, par value (dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value (dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	171.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	169.80M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	169.80M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	171.00M	shares	Point-in-time
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$441.30M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$994.30M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$521.70M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$840.30M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$113.10M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$241.30M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$128.30M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$210.30M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$393.40M	USD	1 Quarter
Total gross profit	`GrossProfit`	$630.00M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$328.20M	USD	1 Quarter
Total gross profit	`GrossProfit`	$753.00M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$120.30M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$67.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$136.00M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$61.20M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$192.80M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$442.40M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$226.50M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$378.10M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$24.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$23.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$48.50M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$48.80M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$546.90M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$318.20M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$627.20M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$277.50M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$83.10M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$50.70M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$75.20M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$125.80M	USD	2 Qtrs
INTEREST INCOME	`InvestmentIncomeNet`	$21.20M	USD	2 Qtrs
INTEREST INCOME	`InvestmentIncomeNet`	$5.80M	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeNet`	$11.00M	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeNet`	$10.30M	USD	2 Qtrs
OTHER EXPENSENET	`OtherNonoperatingIncomeExpense`	$-5.20M	USD	2 Qtrs
OTHER EXPENSENET	`OtherNonoperatingIncomeExpense`	$-5.00M	USD	1 Quarter
OTHER EXPENSENET	`OtherNonoperatingIncomeExpense`	$-400.00K	USD	1 Quarter
OTHER EXPENSENET	`OtherNonoperatingIncomeExpense`	$-900.00K	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$146.10M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$51.50M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$88.20M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$85.80M	USD	1 Quarter
PROVISION FOR (BENEFIT FROM) INCOME TAXES	`IncomeTaxExpenseBenefit`	$-2.70M	USD	2 Qtrs
PROVISION FOR (BENEFIT FROM) INCOME TAXES	`IncomeTaxExpenseBenefit`	$2.20M	USD	1 Quarter
PROVISION FOR (BENEFIT FROM) INCOME TAXES	`IncomeTaxExpenseBenefit`	$14.60M	USD	2 Qtrs
PROVISION FOR (BENEFIT FROM) INCOME TAXES	`IncomeTaxExpenseBenefit`	$13.10M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$90.90M	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$131.50M	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$72.70M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$49.30M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.54	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.77	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	170.60M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	168.10M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	168.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.00M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	173.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	172.60M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.10M	shares	1 Quarter

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$90.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$131.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$72.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.30M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$77.10M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$88.00M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$25.90M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$43.20M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$22.40M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$51.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$26.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.90M	USD	2 Qtrs
Amortization of investment premiums, net of accretion of purchase discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-200.00K	USD	2 Qtrs
Amortization of investment premiums, net of accretion of purchase discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$3.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-500.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-400.00K	USD	2 Qtrs
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$-41.50M	USD	2 Qtrs
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$-28.90M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$5.50M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$10.80M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-900.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.40M	USD	2 Qtrs
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	$66.70M	USD	2 Qtrs
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	$72.40M	USD	2 Qtrs
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$4.40M	USD	2 Qtrs
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$13.30M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$700.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.40M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.60M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.10M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.70M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.80M	USD	2 Qtrs
Accrued payroll and compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.90M	USD	2 Qtrs
Accrued payroll and compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.20M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.80M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$136.30M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$179.70M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-13.20M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$282.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$396.40M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$262.30M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$748.10M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$28.70M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$15.10M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$244.30M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$384.90M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.20M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.50M	USD	2 Qtrs
Payments made in connection with business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Payments made in connection with business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-375.60M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.50M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$117.10M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$94.20M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$56.70M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$39.60M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$32.50M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$56.50M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$24.50M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.30M	USD	1 Quarter
Payments of debt assumed in connection with business combination	`RepaymentsOfAssumedDebt`	-	USD	2 Qtrs
Payments of debt assumed in connection with business combination	`RepaymentsOfAssumedDebt`	$9.50M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-102.40M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-111.10M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$161.10M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-90.30M	USD	2 Qtrs
CASH AND CASH EQUIVALENTSBeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$972.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$811.00M	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11B	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.02B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashAndCashEquivalentsAtCarryingValue`	$972.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashAndCashEquivalentsAtCarryingValue`	$811.00M	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashAndCashEquivalentsAtCarryingValue`	$1.02B	USD	Point-in-time
Operating lease liabilities arising from obtaining right-of-use assets	`LeaseLiabilityArisingfromObtainingRightofUseAsset`	$4.90M	USD	2 Qtrs
Cash paid to settle liability incurred for repurchase of common stock	`RepurchaseofCommonStockSettlementofLiabilitiesIncurred`	$4.20M	USD	2 Qtrs
Cash paid to settle liability incurred for repurchase of common stock	`RepurchaseofCommonStockSettlementofLiabilitiesIncurred`	-	USD	2 Qtrs
Transfers of evaluation units from inventory to property and equipment	`TransfersofEvaluationUnitsfromInventorytoPropertyandEquipment`	$9.90M	USD	2 Qtrs
Transfers of evaluation units from inventory to property and equipment	`TransfersofEvaluationUnitsfromInventorytoPropertyandEquipment`	$10.50M	USD	2 Qtrs
Liability for purchase of property and equipment and asset retirement obligations	`CapitalExpendituresIncurredButNotYetPaid`	$9.30M	USD	2 Qtrs
Liability for purchase of property and equipment and asset retirement obligations	`CapitalExpendituresIncurredButNotYetPaid`	$9.90M	USD	2 Qtrs
Liability incurred for repurchase of common stock	`RepurchaseofCommonStockLiabilitiesIncurred`	$1.00M	USD	2 Qtrs
Liability incurred for repurchase of common stock	`RepurchaseofCommonStockLiabilitiesIncurred`	-	USD	2 Qtrs

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance	`StockholdersEquity`	$693.50M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.12B	USD	Point-in-time
Balance	`StockholdersEquity`	$589.40M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.06B	USD	Point-in-time
Balance	`StockholdersEquity`	$780.20M	USD	Point-in-time
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$-19.90M	USD	1 Quarter
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$-18.30M	USD	2 Qtrs
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$-2.20M	USD	1 Quarter
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$23.20M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$34.70M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.60M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$90.90M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$117.10M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$77.10M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$40.60M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$45.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$88.00M	USD	2 Qtrs
Net unrealized gain on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.10M	USD	1 Quarter
Net unrealized gain on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$600.00K	USD	1 Quarter
Net unrealized gain on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-600.00K	USD	2 Qtrs
Net unrealized gain on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$90.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$131.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$72.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.30M	USD	1 Quarter
Balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance	`StockholdersEquity`	$693.50M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.12B	USD	Point-in-time
Balance	`StockholdersEquity`	$589.40M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.06B	USD	Point-in-time
Balance	`StockholdersEquity`	$780.20M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$90.90M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$131.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$72.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.30M	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-500.00K	USD	2 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$1.50M	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$700.00K	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$2.50M	USD	2 Qtrs
Tax provision related to change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$700.00K	USD	2 Qtrs
Tax provision related to change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$100.00K	USD	2 Qtrs
Tax provision related to change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$100.00K	USD	1 Quarter
Tax provision related to change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$400.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-600.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.10M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.80M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$600.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$90.30M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.90M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$73.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$133.30M	USD	2 Qtrs

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