10-Q Filing

FORTINET, INC. CIK: 1262039 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001262039-20-000067`
Period End Date	20200930
Filing Date	20201106
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	ftnt-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 72 Cash Flow Statement 86 Stockholders Equity 31 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$882.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.22B	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	162.30M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	171.70M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	171.70M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$843.10M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$774.40M	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	162.30M	shares	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$546.60M	USD	Point-in-time
Accounts receivablenet	`AccountsReceivableNetCurrent`	$544.30M	USD	Point-in-time
Inventory	`InventoryNet`	$134.50M	USD	Point-in-time
Inventory	`InventoryNet`	$117.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$46.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$41.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.77B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.38B	USD	Point-in-time
LONG-TERM INVESTMENTS	`LongTermInvestments`	$117.90M	USD	Point-in-time
LONG-TERM INVESTMENTS	`LongTermInvestments`	$144.30M	USD	Point-in-time
PROPERTY AND EQUIPMENTNET	`PropertyPlantAndEquipmentNet`	$344.30M	USD	Point-in-time
PROPERTY AND EQUIPMENTNET	`PropertyPlantAndEquipmentNet`	$419.40M	USD	Point-in-time
DEFERRED CONTRACT COSTS	`CapitalizedContractCostNet`	$281.10M	USD	Point-in-time
DEFERRED CONTRACT COSTS	`CapitalizedContractCostNet`	$237.00M	USD	Point-in-time
DEFERRED TAX ASSETS	`DeferredIncomeTaxAssetsNet`	$226.30M	USD	Point-in-time
DEFERRED TAX ASSETS	`DeferredIncomeTaxAssetsNet`	$230.10M	USD	Point-in-time
GOODWILL	`Goodwill`	$67.20M	USD	Point-in-time
GOODWILL	`Goodwill`	$68.20M	USD	Point-in-time
OTHER INTANGIBLE ASSETSNET	`IntangibleAssetsNetExcludingGoodwill`	$31.10M	USD	Point-in-time
OTHER INTANGIBLE ASSETSNET	`IntangibleAssetsNetExcludingGoodwill`	$25.30M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$60.00M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$59.60M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.59B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.88B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$96.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$95.90M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$101.80M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$127.80M	USD	Point-in-time
Accrued payroll and compensation	`EmployeeRelatedLiabilitiesCurrent`	$101.80M	USD	Point-in-time
Accrued payroll and compensation	`EmployeeRelatedLiabilitiesCurrent`	$121.90M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.30B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.16B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.46B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.65B	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$1.09B	USD	Point-in-time
DEFERRED REVENUE	`ContractWithCustomerLiabilityNoncurrent`	$953.30M	USD	Point-in-time
INCOME TAX LIABILITIES	`AccruedIncomeTaxesNoncurrent`	$79.30M	USD	Point-in-time
INCOME TAX LIABILITIES	`AccruedIncomeTaxesNoncurrent`	$82.80M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$56.10M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$44.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.54B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value300 shares authorized; 162.3 and 171.7 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$200.00K	USD	Point-in-time
Common stock, $0.001 par value300 shares authorized; 162.3 and 171.7 shares issued and outstanding at September 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`	$1.18B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.40M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.10M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$160.80M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-466.90M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$566.70M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.34B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.14B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$713.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.22B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.59B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.88B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.85B	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$548.10M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.54B	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$651.10M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$139.20M	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`	$403.00M	USD	3 Qtrs
Total gross profit	`GrossProfit`	$424.00M	USD	1 Quarter
Total gross profit	`GrossProfit`	$1.18B	USD	3 Qtrs
Total gross profit	`GrossProfit`	$511.90M	USD	1 Quarter
Total gross profit	`GrossProfit`	$1.44B	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$252.40M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$205.90M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$69.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$90.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$669.80M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$780.50M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$227.40M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$266.70M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$74.90M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$26.10M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$87.10M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$29.40M	USD	1 Quarter
Gain on intellectual property matter	`GainLossFromMutualCovenantNotToSueAgreementRightToUseExistingIntellectualProperty`	-	USD	1 Quarter
Gain on intellectual property matter	`GainLossFromMutualCovenantNotToSueAgreementRightToUseExistingIntellectualProperty`	$39.00M	USD	3 Qtrs
Gain on intellectual property matter	`GainLossFromMutualCovenantNotToSueAgreementRightToUseExistingIntellectualProperty`	$1.10M	USD	1 Quarter
Gain on intellectual property matter	`GainLossFromMutualCovenantNotToSueAgreementRightToUseExistingIntellectualProperty`	-	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`	$385.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.08B	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$228.90M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$100.60M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$126.90M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$362.40M	USD	3 Qtrs
INTEREST INCOMENET	`InvestmentIncomeNet`	$15.70M	USD	3 Qtrs
INTEREST INCOMENET	`InvestmentIncomeNet`	$32.60M	USD	3 Qtrs
INTEREST INCOMENET	`InvestmentIncomeNet`	$2.50M	USD	1 Quarter
INTEREST INCOMENET	`InvestmentIncomeNet`	$11.40M	USD	1 Quarter
OTHER EXPENSENET	`OtherNonoperatingIncomeExpense`	$-6.00M	USD	1 Quarter
OTHER EXPENSENET	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
OTHER EXPENSENET	`OtherNonoperatingIncomeExpense`	$-8.10M	USD	3 Qtrs
OTHER EXPENSENET	`OtherNonoperatingIncomeExpense`	$-6.90M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$128.40M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$370.00M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$106.00M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$254.60M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$25.80M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$28.20M	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$5.00M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$41.10M	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$123.40M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$341.80M	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$80.20M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$213.50M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.76	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.07	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.25	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.22	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.03	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	164.80M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	162.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	170.90M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	168.40M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.90M	shares	3 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$123.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$341.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$80.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$213.50M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$143.00M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$130.40M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$35.30M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$99.80M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$27.50M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$78.50M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$45.90M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$52.10M	USD	3 Qtrs
Amortization of investment premiums (discounts)	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-200.00K	USD	3 Qtrs
Amortization of investment premiums (discounts)	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$4.70M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-5.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-5.80M	USD	3 Qtrs
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$-60.50M	USD	3 Qtrs
Accounts receivablenet	`IncreaseDecreaseInAccountsReceivable`	$3.10M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$25.20M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$31.00M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.60M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.30M	USD	3 Qtrs
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	$113.10M	USD	3 Qtrs
Deferred contract costs	`IncreaseDecreaseInDeferredCharges`	$143.90M	USD	3 Qtrs
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$-11.50M	USD	3 Qtrs
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$-4.40M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$800.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.20M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.20M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$16.50M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-16.60M	USD	3 Qtrs
Accrued payroll and compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$19.50M	USD	3 Qtrs
Accrued payroll and compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.50M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$10.30M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$282.60M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$255.70M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$617.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$787.20M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$776.30M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$1.07B	USD	3 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$141.40M	USD	3 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$19.70M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$695.00M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$730.30M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$93.60M	USD	3 Qtrs
Payments made in connection with business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.20M	USD	3 Qtrs
Payments made in connection with business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$400.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.80M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-402.70M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$117.60M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.05B	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$41.80M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$18.20M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$76.00M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$86.50M	USD	3 Qtrs
Payments of debt assumed in connection with business combination	`RepaymentsOfAssumedDebt`	$4.10M	USD	3 Qtrs
Payments of debt assumed in connection with business combination	`RepaymentsOfAssumedDebt`	-	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.20M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.12B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-151.80M	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-340.20M	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$63.10M	USD	3 Qtrs
CASH AND CASH EQUIVALENTSBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$882.30M	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.11B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.18B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$882.30M	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22B	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.11B	USD	Point-in-time
Operating lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$12.60M	USD	3 Qtrs
Operating lease liabilities arising from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$14.70M	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`	$14.80M	USD	3 Qtrs
Liability for purchase of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$20.10M	USD	3 Qtrs
Liability for purchase of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$26.10M	USD	3 Qtrs
Liability incurred for repurchase of common stock	`RepurchaseofCommonStockLiabilitiesIncurred`	-	USD	3 Qtrs
Liability incurred for repurchase of common stock	`RepurchaseofCommonStockLiabilitiesIncurred`	$4.00M	USD	3 Qtrs

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$566.70M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$713.20M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.22B	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`	$-25.10M	USD	1 Quarter
Issuance of common stock in connection with equity incentive plans - net of tax withholding	`StockIssuedDuringPeriodValueEquityIncentivePlansNetofTaxesWithheld`	$-68.30M	USD	3 Qtrs
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`	$117.40M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.05B	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$130.40M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$49.30M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$143.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$42.40M	USD	1 Quarter
Net unrealized gain (loss) on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.10M	USD	1 Quarter
Net unrealized gain (loss) on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$200.00K	USD	1 Quarter
Net unrealized gain (loss) on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.00M	USD	3 Qtrs
Net unrealized gain (loss) on investments - net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$300.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$123.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$341.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$80.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$213.50M	USD	3 Qtrs
Balance	`StockholdersEquity`	$566.70M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.14B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance	`StockholdersEquity`	$713.20M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.22B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$123.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$341.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$80.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$213.50M	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$2.70M	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$700.00K	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$200.00K	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-1.40M	USD	1 Quarter
Less: tax provision (benefit) related to change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$400.00K	USD	3 Qtrs
Less: tax provision (benefit) related to change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-300.00K	USD	1 Quarter
Less: tax provision (benefit) related to change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$700.00K	USD	3 Qtrs
Less: tax provision (benefit) related to change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	-	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.10M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$200.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$300.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$342.10M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$80.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$215.50M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$122.30M	USD	1 Quarter

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