10-Q Filing

BLACKBAUD INC CIK: 1280058 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001280058-22-000044`
Period End Date	20220630
Filing Date	20220804
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	blkb-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 94 Cash Flow Statement 72 Stockholders Equity 50

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.15M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.15M	USD	Point-in-time
Total restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$596.62M	USD	Point-in-time
Total restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$449.49M	USD	Point-in-time
Accounts receivable, net of allowance of $9,764 and $11,155 at June 30, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$102.73M	USD	Point-in-time
Accounts receivable, net of allowance of $9,764 and $11,155 at June 30, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$149.24M	USD	Point-in-time
Customer funds receivable	`OtherRestrictedAssetsCurrent`	$1.19M	USD	Point-in-time
Customer funds receivable	`OtherRestrictedAssetsCurrent`	$977.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$98.04M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$95.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$850.97M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$726.99M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$111.86M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$111.43M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$50.04M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$53.88M	USD	Point-in-time
Software and content development costs, net	`CapitalizedComputerSoftwareNet`	$130.33M	USD	Point-in-time
Software and content development costs, net	`CapitalizedComputerSoftwareNet`	$121.38M	USD	Point-in-time
Goodwill	`Goodwill`	$1.05B	USD	Point-in-time
Goodwill	`Goodwill`	$1.06B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$698.05M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$664.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$90.67M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$77.27M	USD	Point-in-time
Total assets	`Assets`	$2.97B	USD	Point-in-time
Total assets	`Assets`	$2.83B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$22.07M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$36.64M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$77.41M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$100.10M	USD	Point-in-time
Due to customers	`DueToCustomersCurrent`	$449.40M	USD	Point-in-time
Due to customers	`DueToCustomersCurrent`	$594.27M	USD	Point-in-time
Debt, current portion	`LongTermDebtCurrent`	$18.70M	USD	Point-in-time
Debt, current portion	`LongTermDebtCurrent`	$18.15M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$374.50M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$412.71M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$994.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.11B	USD	Point-in-time
Debt, net of current portion	`LongTermDebtNoncurrent`	$937.48M	USD	Point-in-time
Debt, net of current portion	`LongTermDebtNoncurrent`	$921.62M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$135.39M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$148.47M	USD	Point-in-time
Deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$3.55M	USD	Point-in-time
Deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$4.25M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$53.39M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$48.54M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.63M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.11B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.25B	USD	Point-in-time
Commitments and contingencies (see Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock; 20,000,000 shares authorized, none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock; 20,000,000 shares authorized, none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	180.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	180.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	67.76M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	66.17M	shares	Point-in-time
Common stock, $0.001 par value; 180,000,000 shares authorized, 67,755,374 and 66,165,666 shares issued at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$66.00K	USD	Point-in-time
Common stock, $0.001 par value; 180,000,000 shares authorized, 67,755,374 and 66,165,666 shares issued at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$68.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.02B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$968.93M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	14.73M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	14.18M	shares	Point-in-time
Treasury stock, at cost; 14,731,484 and 14,182,805 shares at June 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$536.51M	USD	Point-in-time
Treasury stock, at cost; 14,731,484 and 14,182,805 shares at June 30, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$500.91M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.52M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.29M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$7.46M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.16M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$15.29M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$228.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$242.46M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$416.16M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$426.15M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$405.27M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$705.05M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$717.06M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$720.47M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.97B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.83B	USD	Point-in-time

Income Statement 94 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$264.93M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$448.63M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$229.44M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$522.05M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$108.07M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$125.61M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$248.97M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$211.46M	USD	2 Qtrs
Gross profit	`GrossProfit`	$237.18M	USD	2 Qtrs
Gross profit	`GrossProfit`	$273.08M	USD	2 Qtrs
Gross profit	`GrossProfit`	$139.32M	USD	1 Quarter
Gross profit	`GrossProfit`	$121.37M	USD	1 Quarter
Sales, marketing and customer success	`SellingAndMarketingExpense`	$52.74M	USD	1 Quarter
Sales, marketing and customer success	`SellingAndMarketingExpense`	$107.95M	USD	2 Qtrs
Sales, marketing and customer success	`SellingAndMarketingExpense`	$45.45M	USD	1 Quarter
Sales, marketing and customer success	`SellingAndMarketingExpense`	$94.25M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$59.40M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$78.28M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$38.33M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$30.22M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$91.15M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$32.01M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$62.59M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$47.39M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$805.00K	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$567.00K	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$1.12M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$1.62M	USD	2 Qtrs
Restructuring	`RestructuringCharges`	$78.00K	USD	1 Quarter
Restructuring	`RestructuringCharges`	-	USD	1 Quarter
Restructuring	`RestructuringCharges`	$132.00K	USD	2 Qtrs
Restructuring	`RestructuringCharges`	-	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$279.01M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$217.49M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$139.27M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$108.33M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$13.04M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$19.69M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-5.92M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$54.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$10.17M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.57M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.98M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpenseExcludingInterestExpense`	$3.13M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpenseExcludingInterestExpense`	$4.25M	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpenseExcludingInterestExpense`	$-523.00K	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpenseExcludingInterestExpense`	$487.00K	USD	1 Quarter
(Loss) income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.48M	USD	1 Quarter
(Loss) income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.00M	USD	2 Qtrs
(Loss) income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.79M	USD	1 Quarter
(Loss) income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-18.25M	USD	2 Qtrs
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$2.43M	USD	2 Qtrs
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-2.37M	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-4.42M	USD	2 Qtrs
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$1.75M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-10.41M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-13.83M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-3.42M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$6.73M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$6.57M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-164.00K	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.14	USD	2 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$-0.27	USD	2 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$-0.27	USD	2 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.14	USD	2 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Basic weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	51.66M	shares	1 Quarter
Basic weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	47.76M	shares	1 Quarter
Basic weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	47.56M	shares	2 Qtrs
Basic weighted average shares	`WeightedAverageNumberOfSharesOutstandingBasic`	51.43M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.44M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.66M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.44M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.43M	shares	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.53M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.78M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.40M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.29M	USD	2 Qtrs
Unrealized gain on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$345.00K	USD	1 Quarter
Unrealized gain on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.56M	USD	1 Quarter
Unrealized gain on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$4.49M	USD	2 Qtrs
Unrealized gain on derivative instruments, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$13.46M	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.84M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$933.00K	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.13M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$8.79M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-12.90M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$15.36M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-11.26M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$8.86M	USD	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-10.41M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-13.83M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-3.42M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$6.73M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$6.57M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-164.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$40.74M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$51.28M	USD	2 Qtrs
Provision for doubtful accounts and sales returns	`ProvisionForDoubtfulAccounts`	$3.65M	USD	2 Qtrs
Provision for doubtful accounts and sales returns	`ProvisionForDoubtfulAccounts`	$4.42M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$60.55M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$55.71M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-16.66M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$276.00K	USD	2 Qtrs
Amortization of deferred financing costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$879.00K	USD	2 Qtrs
Amortization of deferred financing costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.25M	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-155.00K	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-4.22M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$50.82M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$27.13M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.16M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.69M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$2.36M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$12.77M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseAccruedExpensesAndOtherLiabilities`	$-8.74M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseAccruedExpensesAndOtherLiabilities`	$1.44M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$27.83M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$39.24M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$81.78M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$99.92M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.52M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.13M	USD	2 Qtrs
Capitalized software and content development costs	`PaymentsToDevelopSoftware`	$19.86M	USD	2 Qtrs
Capitalized software and content development costs	`PaymentsToDevelopSoftware`	$27.18M	USD	2 Qtrs
Purchase of net assets of acquired companies, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Purchase of net assets of acquired companies, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$19.02M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-53.72M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.99M	USD	2 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$128.30M	USD	2 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$113.20M	USD	2 Qtrs
Payments on debt	`RepaymentsOfDebt`	$129.55M	USD	2 Qtrs
Payments on debt	`RepaymentsOfDebt`	$113.48M	USD	2 Qtrs
Stock issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Stock issuance costs	`PaymentsOfStockIssuanceCosts`	$557.00K	USD	2 Qtrs
Employee taxes paid for withheld shares upon equity award settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$38.71M	USD	2 Qtrs
Employee taxes paid for withheld shares upon equity award settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$35.60M	USD	2 Qtrs
Change in due to customers	`IncreaseDecreaseInDueToCustomers`	$141.00M	USD	2 Qtrs
Change in due to customers	`IncreaseDecreaseInDueToCustomers`	$170.06M	USD	2 Qtrs
Change in customer funds receivable	`ChangeInCustomerFundsReceivable`	$-546.00K	USD	2 Qtrs
Change in customer funds receivable	`ChangeInCustomerFundsReceivable`	$-5.01M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$58.07M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-194.05M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-257.04M	USD	2 Qtrs
Effect of exchange rate on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-7.25M	USD	2 Qtrs
Effect of exchange rate on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$992.00K	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-173.24M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-182.11M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$478.52M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$462.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$651.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$644.97M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$478.52M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$462.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$651.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$644.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.15M	USD	Point-in-time
Total restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$596.62M	USD	Point-in-time
Total restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$449.49M	USD	Point-in-time
Total cash, cash equivalents and restricted cash in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$478.52M	USD	Point-in-time
Total cash, cash equivalents and restricted cash in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$651.76M	USD	Point-in-time

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$416.16M	USD	Point-in-time
Balance	`StockholdersEquity`	$426.15M	USD	Point-in-time
Balance	`StockholdersEquity`	$405.27M	USD	Point-in-time
Balance	`StockholdersEquity`	$705.05M	USD	Point-in-time
Balance	`StockholdersEquity`	$717.06M	USD	Point-in-time
Balance	`StockholdersEquity`	$720.47M	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$-10.41M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-13.83M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-3.42M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$6.73M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$6.57M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-164.00K	USD	1 Quarter
Stock issuance costs related to purchase of EVERFI	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$223.00K	USD	1 Quarter
Stock issuance costs related to purchase of EVERFI	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$983.00K	USD	1 Quarter
Retirements of common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssuedRetirements`	$-2.58M	USD	1 Quarter
Retirements of common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssuedRetirements`	$-19.00K	USD	1 Quarter
Vesting of restricted stock units	`ExerciseOfStockOptionsAndStockAppreciationRightsValue`	-	USD	1 Quarter
Vesting of restricted stock units	`ExerciseOfStockOptionsAndStockAppreciationRightsValue`	-	USD	1 Quarter
Vesting of restricted stock units	`ExerciseOfStockOptionsAndStockAppreciationRightsValue`	-	USD	1 Quarter
Vesting of restricted stock units	`ExerciseOfStockOptionsAndStockAppreciationRightsValue`	-	USD	1 Quarter
Employee taxes paid for withheld shares upon equity award settlement (in shares)	`SurrenderOfSharesUponRestrictedStockAndRestrictedUnitVestingAndExerciseofStockAppreciationRights`	15,540.00	shares	1 Quarter
Employee taxes paid for withheld shares upon equity award settlement (in shares)	`SurrenderOfSharesUponRestrictedStockAndRestrictedUnitVestingAndExerciseofStockAppreciationRights`	240,867.00	shares	1 Quarter
Employee taxes paid for withheld shares upon equity award settlement (in shares)	`SurrenderOfSharesUponRestrictedStockAndRestrictedUnitVestingAndExerciseofStockAppreciationRights`	285,521.00	shares	1 Quarter
Employee taxes paid for withheld shares upon equity award settlement (in shares)	`SurrenderOfSharesUponRestrictedStockAndRestrictedUnitVestingAndExerciseofStockAppreciationRights`	533,139.00	shares	1 Quarter
Employee taxes paid for withheld shares upon equity award settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$20.29M	USD	1 Quarter
Employee taxes paid for withheld shares upon equity award settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$926.00K	USD	1 Quarter
Employee taxes paid for withheld shares upon equity award settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.43M	USD	1 Quarter
Employee taxes paid for withheld shares upon equity award settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$34.67M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.85M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$30.55M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.86M	USD	1 Quarter
Restricted stock grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$1.00K	USD	1 Quarter
Restricted stock grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$2.00K	USD	1 Quarter
Restricted stock grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Restricted stock grants	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$8.77M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-7.84M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$2.13M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$6.66M	USD	1 Quarter
Purchase of treasury shares under stock repurchase program (in shares)	`TreasuryStockSharesAcquired`	465,821.00	shares	1 Quarter
Purchase of treasury shares under stock repurchase program (in shares)	`TreasuryStockSharesAcquired`	405,047.00	shares	1 Quarter
Purchase of treasury shares under stock repurchase program, cost method	`TreasuryStockValueAcquiredCostMethod`	$28.07M	USD	1 Quarter
Purchase of treasury shares under stock repurchase program, cost method	`TreasuryStockValueAcquiredCostMethod`	$30.01M	USD	1 Quarter
Balance	`StockholdersEquity`	$416.16M	USD	Point-in-time
Balance	`StockholdersEquity`	$426.15M	USD	Point-in-time
Balance	`StockholdersEquity`	$405.27M	USD	Point-in-time
Balance	`StockholdersEquity`	$705.05M	USD	Point-in-time
Balance	`StockholdersEquity`	$717.06M	USD	Point-in-time
Balance	`StockholdersEquity`	$720.47M	USD	Point-in-time

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