10-Q Filing

FORTINET, INC. CIK: 1262039 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001262039-19-000033`
Period End Date	20190930
Filing Date	20191031
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	ftnt-0930201910xq_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 76 Cash Flow Statement 83 Stockholders Equity 32 Comprehensive Income 20

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$811.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.17B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$537.20M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$764.80M	USD	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$444.50M	USD	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$384.10M	USD	Point-in-time
Inventory	`InventoryNet`	$99.20M	USD	Point-in-time
Inventory	`InventoryNet`	$90.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$42.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.47B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.22B	USD	Point-in-time
LONG-TERM INVESTMENTS	`LongTermInvestments`	$67.00M	USD	Point-in-time
LONG-TERM INVESTMENTS	`LongTermInvestments`	$204.20M	USD	Point-in-time
PROPERTY AND EQUIPMENTNET	`PropertyPlantAndEquipmentNet`	$271.40M	USD	Point-in-time
PROPERTY AND EQUIPMENTNET	`PropertyPlantAndEquipmentNet`	$305.50M	USD	Point-in-time
DEFERRED CONTRACT COSTS	`CapitalizedContractCostNet`	$182.60M	USD	Point-in-time
DEFERRED CONTRACT COSTS	`CapitalizedContractCostNet`	$217.40M	USD	Point-in-time
DEFERRED TAX ASSETS	`DeferredIncomeTaxAssetsNet`	$243.70M	USD	Point-in-time
DEFERRED TAX ASSETS	`DeferredIncomeTaxAssetsNet`	$255.00M	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`	$14.00M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$20.80M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$56.40M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.55B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.08B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$86.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$85.90M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$90.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$77.50M	USD	Point-in-time
Accrued payroll and compensation	`EmployeeRelatedLiabilitiesCurrent`	$98.40M	USD	Point-in-time
Accrued payroll and compensation	`EmployeeRelatedLiabilitiesCurrent`	$90.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$28.20M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$11.60M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.06B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$965.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.34B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.26B	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$720.90M	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$882.00M	USD	Point-in-time
INCOME TAX LIABILITIES	`AccruedIncomeTaxesNoncurrent`	$77.50M	USD	Point-in-time
INCOME TAX LIABILITIES	`AccruedIncomeTaxesNoncurrent`	$83.10M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$13.00M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$38.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.07B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.35B	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; 171.3 and 169.8 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$200.00K	USD	Point-in-time
Common stock, $0.001 par value300 shares authorized; 171.3 and 169.8 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$200.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.07B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.15B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-800.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.10M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-57.50M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$46.50M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$891.60M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$589.40M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$780.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.20B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.12B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.55B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.08B	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`	169.80M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	171.30M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	171.30M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	169.80M	shares	Point-in-time
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.54B	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.29B	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$547.50M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$453.90M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$124.10M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$365.40M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$111.60M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$321.90M	USD	3 Qtrs
Total gross profit	`GrossProfit`	$342.30M	USD	1 Quarter
Total gross profit	`GrossProfit`	$423.40M	USD	1 Quarter
Total gross profit	`GrossProfit`	$972.30M	USD	3 Qtrs
Total gross profit	`GrossProfit`	$1.18B	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$179.00M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$69.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$58.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$205.90M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$198.30M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$576.40M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$669.80M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$227.40M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$74.90M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$22.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$26.10M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$71.00M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$950.60M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$323.40M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$279.50M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$826.40M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$225.80M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$100.00M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$145.90M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$62.80M	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeNet`	$6.90M	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeNet`	$11.40M	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeNet`	$17.20M	USD	3 Qtrs
INTEREST INCOME	`InvestmentIncomeNet`	$32.60M	USD	3 Qtrs
OTHER INCOME (EXPENSE)NET	`OtherNonoperatingIncomeExpense`	$-6.90M	USD	3 Qtrs
OTHER INCOME (EXPENSE)NET	`OtherNonoperatingIncomeExpense`	$-4.30M	USD	3 Qtrs
OTHER INCOME (EXPENSE)NET	`OtherNonoperatingIncomeExpense`	$900.00K	USD	1 Quarter
OTHER INCOME (EXPENSE)NET	`OtherNonoperatingIncomeExpense`	$-6.00M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$251.50M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$158.80M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$70.60M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$105.40M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$25.60M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$9.20M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$40.20M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$11.90M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$79.80M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$58.70M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$149.60M	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$211.30M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.24	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.89	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.21	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.86	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	168.70M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	170.90M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	169.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.90M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	173.70M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.70M	shares	1 Quarter

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$79.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$149.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$211.30M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$130.40M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$120.30M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$27.50M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$23.20M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$66.30M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$78.50M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.90M	USD	3 Qtrs
Amortization of investment premiums, net of accretion of purchase discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	3 Qtrs
Amortization of investment premiums, net of accretion of purchase discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$4.70M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$1.70M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-5.00M	USD	3 Qtrs
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$-38.00M	USD	3 Qtrs
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$-60.50M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$25.20M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$19.00M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.80M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.30M	USD	3 Qtrs
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	$98.80M	USD	3 Qtrs
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	$113.10M	USD	3 Qtrs
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$-10.60M	USD	3 Qtrs
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$19.10M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$800.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.30M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.20M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.90M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.00M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.60M	USD	3 Qtrs
Accrued payroll and compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.50M	USD	3 Qtrs
Accrued payroll and compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-8.60M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.80M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$209.90M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$258.80M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.00M	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-11.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$617.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$458.70M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$1.07B	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$405.20M	USD	3 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$39.60M	USD	3 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$19.70M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$405.60M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$695.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$41.40M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.00M	USD	3 Qtrs
Payments made in connection with business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Payments made in connection with business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.40M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-402.70M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$117.10M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$117.60M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$81.60M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$41.80M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$48.00M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$76.00M	USD	3 Qtrs
Payments of debt assumed in connection with business combination	`RepaymentsOfAssumedDebt`	$9.50M	USD	3 Qtrs
Payments of debt assumed in connection with business combination	`RepaymentsOfAssumedDebt`	-	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-151.80M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-93.00M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$63.10M	USD	3 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$358.30M	USD	3 Qtrs
CASH AND CASH EQUIVALENTSBeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$811.00M	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.17B	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11B	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashAndCashEquivalentsAtCarryingValue`	$811.00M	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashAndCashEquivalentsAtCarryingValue`	$1.17B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashAndCashEquivalentsAtCarryingValue`	$1.18B	USD	Point-in-time
Operating lease liabilities arising from obtaining right-of-use assets	`LeaseLiabilityArisingfromObtainingRightofUseAsset`	$12.60M	USD	3 Qtrs
Cash paid to settle liability incurred for repurchase of common stock	`RepurchaseofCommonStockSettlementofLiabilitiesIncurred`	-	USD	3 Qtrs
Cash paid to settle liability incurred for repurchase of common stock	`RepurchaseofCommonStockSettlementofLiabilitiesIncurred`	$4.20M	USD	3 Qtrs
Transfers of evaluation units from inventory to property and equipment	`TransfersofEvaluationUnitsfromInventorytoPropertyandEquipment`	$16.30M	USD	3 Qtrs
Transfers of evaluation units from inventory to property and equipment	`TransfersofEvaluationUnitsfromInventorytoPropertyandEquipment`	$16.20M	USD	3 Qtrs
Liability for purchase of property and equipment and asset retirement obligations	`CapitalExpendituresIncurredButNotYetPaid`	$20.10M	USD	3 Qtrs
Liability for purchase of property and equipment and asset retirement obligations	`CapitalExpendituresIncurredButNotYetPaid`	$6.70M	USD	3 Qtrs
Liability incurred for repurchase of common stock	`RepurchaseofCommonStockLiabilitiesIncurred`	$4.00M	USD	3 Qtrs
Liability incurred for repurchase of common stock	`RepurchaseofCommonStockLiabilitiesIncurred`	-	USD	3 Qtrs

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$891.60M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance	`StockholdersEquity`	$589.40M	USD	Point-in-time
Balance	`StockholdersEquity`	$780.20M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.20B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.12B	USD	Point-in-time
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$-17.80M	USD	1 Quarter
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$32.30M	USD	3 Qtrs
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$9.10M	USD	1 Quarter
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$-36.10M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$26.50M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$117.10M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$117.40M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$130.40M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.20M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$42.40M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$120.30M	USD	3 Qtrs
Net unrealized gain on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00M	USD	3 Qtrs
Net unrealized gain on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$400.00K	USD	1 Quarter
Net unrealized gain on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-200.00K	USD	3 Qtrs
Net unrealized gain on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$200.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$149.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$211.30M	USD	3 Qtrs
Balance	`StockholdersEquity`	$891.60M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance	`StockholdersEquity`	$589.40M	USD	Point-in-time
Balance	`StockholdersEquity`	$780.20M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.20B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.12B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$79.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$149.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$211.30M	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$200.00K	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$2.70M	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-100.00K	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$500.00K	USD	1 Quarter
Less: tax provision related to change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$700.00K	USD	3 Qtrs
Less: tax provision related to change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$100.00K	USD	1 Quarter
Less: tax provision related to change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	-	USD	1 Quarter
Less: tax provision related to change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$100.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$200.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$400.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-200.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$149.40M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$59.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$213.30M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$80.00M	USD	1 Quarter

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