10-Q Filing

FORTINET, INC. CIK: 1262039 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001262039-20-000053`
Period End Date	20200630
Filing Date	20200806
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	ftnt-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 72 Cash Flow Statement 84 Stockholders Equity 32 Comprehensive Income 20

Balance Sheet 72 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`	161.80M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	171.70M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.22B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$916.40M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$610.50M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	161.80M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$843.10M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	171.70M	shares	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$544.30M	USD	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$498.70M	USD	Point-in-time
Inventory	`InventoryNet`	$126.00M	USD	Point-in-time
Inventory	`InventoryNet`	$117.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$41.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$57.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.21B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.77B	USD	Point-in-time
LONG-TERM INVESTMENTS	`LongTermInvestments`	$144.30M	USD	Point-in-time
LONG-TERM INVESTMENTS	`LongTermInvestments`	$100.40M	USD	Point-in-time
PROPERTY AND EQUIPMENTNET	`PropertyPlantAndEquipmentNet`	$344.30M	USD	Point-in-time
PROPERTY AND EQUIPMENTNET	`PropertyPlantAndEquipmentNet`	$392.60M	USD	Point-in-time
DEFERRED CONTRACT COSTS	`CapitalizedContractCostNet`	$237.00M	USD	Point-in-time
DEFERRED CONTRACT COSTS	`CapitalizedContractCostNet`	$263.50M	USD	Point-in-time
DEFERRED TAX ASSETS	`DeferredIncomeTaxAssetsNet`	$232.60M	USD	Point-in-time
DEFERRED TAX ASSETS	`DeferredIncomeTaxAssetsNet`	$218.90M	USD	Point-in-time
GOODWILL	`Goodwill`	$67.20M	USD	Point-in-time
GOODWILL	`Goodwill`	$67.20M	USD	Point-in-time
OTHER INTANGIBLE ASSETSNET	`IntangibleAssetsNetExcludingGoodwill`	$31.10M	USD	Point-in-time
OTHER INTANGIBLE ASSETSNET	`IntangibleAssetsNetExcludingGoodwill`	$23.40M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$60.00M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$55.90M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.89B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.33B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$107.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$96.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$101.80M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$118.20M	USD	Point-in-time
Accrued payroll and compensation	`EmployeeRelatedLiabilitiesCurrent`	$101.80M	USD	Point-in-time
Accrued payroll and compensation	`EmployeeRelatedLiabilitiesCurrent`	$110.70M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.28B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.17B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.47B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.61B	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$962.30M	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$1.05B	USD	Point-in-time
INCOME TAX LIABILITIES	`AccruedIncomeTaxesNoncurrent`	$82.80M	USD	Point-in-time
INCOME TAX LIABILITIES	`AccruedIncomeTaxesNoncurrent`	$77.30M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$44.90M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$50.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.79B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.56B	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; 161.8 and 171.7 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$200.00K	USD	Point-in-time
Common stock, $0.001 par value300 shares authorized; 161.8 and 171.7 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$200.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.18B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.15B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.50M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.10M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-613.10M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$140.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.12B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$543.90M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.32B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$536.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.06B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.33B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.89B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$994.30M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$615.50M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$521.70M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.19B	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$263.80M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$128.30M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$241.30M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$135.10M	USD	1 Quarter
Total gross profit	`GrossProfit`	$928.60M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$480.40M	USD	1 Quarter
Total gross profit	`GrossProfit`	$753.00M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$393.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$82.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$162.40M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$67.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$136.00M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$226.50M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$442.40M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$513.80M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$253.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$24.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$48.80M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$28.90M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$57.70M	USD	2 Qtrs
Gain on intellectual property matter	`GainLossFromMutualCovenantNotToSueAgreementRightToUseExistingIntellectualProperty`	-	USD	2 Qtrs
Gain on intellectual property matter	`GainLossFromMutualCovenantNotToSueAgreementRightToUseExistingIntellectualProperty`	$1.10M	USD	1 Quarter
Gain on intellectual property matter	`GainLossFromMutualCovenantNotToSueAgreementRightToUseExistingIntellectualProperty`	$37.90M	USD	2 Qtrs
Gain on intellectual property matter	`GainLossFromMutualCovenantNotToSueAgreementRightToUseExistingIntellectualProperty`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$696.00M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$627.20M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$318.20M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$363.70M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$125.80M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$116.70M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$75.20M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$232.60M	USD	2 Qtrs
INTEREST INCOMENET	`InvestmentIncomeNet`	$4.00M	USD	1 Quarter
INTEREST INCOMENET	`InvestmentIncomeNet`	$13.20M	USD	2 Qtrs
INTEREST INCOMENET	`InvestmentIncomeNet`	$21.20M	USD	2 Qtrs
INTEREST INCOMENET	`InvestmentIncomeNet`	$11.00M	USD	1 Quarter
OTHER INCOME (EXPENSE)NET	`OtherNonoperatingIncomeExpense`	$-7.10M	USD	2 Qtrs
OTHER INCOME (EXPENSE)NET	`OtherNonoperatingIncomeExpense`	$-400.00K	USD	1 Quarter
OTHER INCOME (EXPENSE)NET	`OtherNonoperatingIncomeExpense`	$-900.00K	USD	2 Qtrs
OTHER INCOME (EXPENSE)NET	`OtherNonoperatingIncomeExpense`	$900.00K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$146.10M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$238.70M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$121.60M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$85.80M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$22.60M	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$14.60M	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$13.10M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$9.50M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$112.10M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$131.50M	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$216.10M	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$72.70M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.77	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.69	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.30	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.27	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.68	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	161.60M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	166.10M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	170.60M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.00M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	169.80M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.40M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$112.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$131.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$216.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$72.70M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$88.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$93.70M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$25.90M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$51.00M	USD	2 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$33.20M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$64.50M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.40M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.90M	USD	2 Qtrs
Amortization of investment premiums (discounts)	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$400.00K	USD	2 Qtrs
Amortization of investment premiums (discounts)	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$3.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-5.50M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-500.00K	USD	2 Qtrs
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$-44.50M	USD	2 Qtrs
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$-41.50M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$5.50M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$17.90M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.40M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.20M	USD	2 Qtrs
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	$72.40M	USD	2 Qtrs
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	$91.10M	USD	2 Qtrs
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$4.40M	USD	2 Qtrs
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$-13.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.40M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-700.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.60M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.70M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$6.50M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-13.10M	USD	2 Qtrs
Accrued payroll and compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.90M	USD	2 Qtrs
Accrued payroll and compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$8.90M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.80M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$5.60M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$186.90M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$179.70M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$396.40M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$566.40M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$748.10M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$399.30M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$130.00M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$15.10M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$384.90M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$548.10M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.50M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.50M	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`	$3.10M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$400.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-375.60M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$216.80M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.05B	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$94.20M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$39.60M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$15.70M	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`	$58.90M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-100.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.09B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-111.10M	USD	2 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-90.30M	USD	2 Qtrs
NET DECREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-306.10M	USD	2 Qtrs
CASH AND CASH EQUIVALENTSBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.11B	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.02B	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$916.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.11B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.02B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$916.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time
Operating lease liabilities arising from obtaining right-of-use assets	`LeaseLiabilityArisingfromObtainingRightofUseAsset`	$5.90M	USD	2 Qtrs
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`	-	USD	2 Qtrs
Cash paid to settle liability incurred for repurchase of common stock	`RepurchaseofCommonStockSettlementofLiabilitiesIncurred`	$4.20M	USD	2 Qtrs
Transfers of evaluation units from inventory to property and equipment	`TransfersofEvaluationUnitsfromInventorytoPropertyandEquipment`	$10.20M	USD	2 Qtrs
Transfers of evaluation units from inventory to property and equipment	`TransfersofEvaluationUnitsfromInventorytoPropertyandEquipment`	$9.90M	USD	2 Qtrs
Liability for purchase of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$24.90M	USD	2 Qtrs
Liability for purchase of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$9.90M	USD	2 Qtrs
Liability incurred for repurchase of common stock	`RepurchaseofCommonStockLiabilitiesIncurred`	-	USD	2 Qtrs
Liability incurred for repurchase of common stock	`RepurchaseofCommonStockLiabilitiesIncurred`	$1.00M	USD	2 Qtrs

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.12B	USD	Point-in-time
Balance	`StockholdersEquity`	$543.90M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.32B	USD	Point-in-time
Balance	`StockholdersEquity`	$536.30M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.06B	USD	Point-in-time
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$-43.20M	USD	2 Qtrs
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`	$-12.90M	USD	1 Quarter
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$-18.30M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.05B	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$146.10M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$34.70M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$90.90M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$93.70M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$48.90M	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`	$1.80M	USD	2 Qtrs
Net unrealized gain on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.40M	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`	$5.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$112.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$131.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$216.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$72.70M	USD	1 Quarter
Balance	`StockholdersEquity`	$1.12B	USD	Point-in-time
Balance	`StockholdersEquity`	$543.90M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.32B	USD	Point-in-time
Balance	`StockholdersEquity`	$536.30M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.06B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$112.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$131.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$216.10M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$72.70M	USD	1 Quarter
Change in unrealized gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$2.50M	USD	2 Qtrs
Change in unrealized gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$1.50M	USD	1 Quarter
Change in unrealized gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$2.10M	USD	2 Qtrs
Change in unrealized gains on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$7.30M	USD	1 Quarter
Less: tax provision related to change in unrealized gains on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$400.00K	USD	1 Quarter
Less: tax provision related to change in unrealized gains on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$1.70M	USD	1 Quarter
Less: tax provision related to change in unrealized gains on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$700.00K	USD	2 Qtrs
Less: tax provision related to change in unrealized gains on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$700.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.80M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.40M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.10M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$73.80M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$133.30M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$217.50M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$117.70M	USD	1 Quarter

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