10-Q Filing

CHEGG, INC CIK: 1364954 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001364954-21-000048`
Period End Date	20210331
Filing Date	20210503
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	chgg-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 32 Cash Flow Statement 94 Stockholders Equity 26 Comprehensive Income 10

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$153.00K	USD	Point-in-time
Allowance for doubtful accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$169.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$656.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$359.10M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$479.85M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$665.57M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.22B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $169 and $153 at March 31, 2021 and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$11.63M	USD	Point-in-time
Accounts receivable, net of allowance of $169 and $153 at March 31, 2021 and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$12.91M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$25.26M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$12.78M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$26.62M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.85M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.94B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	141.32M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	129.34M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.18B	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$523.63M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	129.34M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$711.22M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	141.32M	shares	Point-in-time
Textbook library, net	`TextbookLibraryNet`	$24.00M	USD	Point-in-time
Textbook library, net	`TextbookLibraryNet`	$34.15M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$125.81M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$134.09M	USD	Point-in-time
Goodwill	`Goodwill`	$285.21M	USD	Point-in-time
Goodwill	`Goodwill`	$290.60M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$49.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$51.25M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$22.62M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$24.23M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$25.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$24.03M	USD	Point-in-time
Total assets	`Assets`	$2.25B	USD	Point-in-time
Total assets	`Assets`	$3.19B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.90M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$32.62M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$48.61M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$78.09M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$68.56M	USD	Point-in-time
Current portion of convertible senior notes, net	`SeniorNotesCurrent`	-	USD	Point-in-time
Current portion of convertible senior notes, net	`SeniorNotesCurrent`	$109.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$109.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$251.09M	USD	Point-in-time
Long-term portion of convertible senior notes, net	`SeniorLongTermNotes`	$1.51B	USD	Point-in-time
Long-term portion of convertible senior notes, net	`SeniorLongTermNotes`	$1.67B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$17.55M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$19.26M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$5.71M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.63M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.53B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.70B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.64B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.95B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, 0.001 par value 10,000,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, 0.001 par value 10,000,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, 0.001 par value 400,000,000 shares authorized; 141,317,066 and 129,343,524 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$129.00K	USD	Point-in-time
Common stock, 0.001 par value 400,000,000 shares authorized; 141,317,066 and 129,343,524 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$141.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.65B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.03B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.24M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.53M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-400.91M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-422.60M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$462.93M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.24B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$609.63M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$498.83M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.19B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.25B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$131.59M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$198.38M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$71.38M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$42.39M	USD	1 Quarter
Gross profit	`GrossProfit`	$89.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$126.99M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$39.54M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$46.13M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$20.24M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$26.21M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$26.14M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$37.87M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$85.92M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$110.22M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$16.78M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.28M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-13.43M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.93M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-77.21M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$4.96M	USD	1 Quarter
Total interest expense, net and other (expense) income, net	`NonoperatingIncomeExpense`	$-79.14M	USD	1 Quarter
Total interest expense, net and other (expense) income, net	`NonoperatingIncomeExpense`	$-8.47M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-62.36M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-5.19M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.82M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$522.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.71M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.18M	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.49	USD	1 Quarter
Net loss per share, basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	1 Quarter
Weighted average shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	122.43M	shares	1 Quarter
Weighted average shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	134.35M	shares	1 Quarter

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-5.71M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.18M	USD	1 Quarter
Print textbook depreciation expense	`DepreciationTextbookLibrary`	$3.53M	USD	1 Quarter
Print textbook depreciation expense	`DepreciationTextbookLibrary`	$3.76M	USD	1 Quarter
Other depreciation and amortization expense	`OtherDepreciationAndAmortization`	$9.24M	USD	1 Quarter
Other depreciation and amortization expense	`OtherDepreciationAndAmortization`	$14.85M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$23.10M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$18.33M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$12.95M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.63M	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-78.15M	USD	1 Quarter
Loss on change in fair value of derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-7.15M	USD	1 Quarter
Loss on change in fair value of derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Loss from write-off of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-757.00K	USD	1 Quarter
Loss from write-off of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Gain on sale of strategic equity investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	-	USD	1 Quarter
Gain on sale of strategic equity investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	$5.34M	USD	1 Quarter
Loss (gain) on textbook library, net	`TextbookLibraryGainLossNet`	$1.18M	USD	1 Quarter
Loss (gain) on textbook library, net	`TextbookLibraryGainLossNet`	$-4.03M	USD	1 Quarter
Operating lease expense, net of accretion	`OperatingLeaseCost`	$1.59M	USD	1 Quarter
Operating lease expense, net of accretion	`OperatingLeaseCost`	$1.05M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-87.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$312.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.93M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.24M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$25.07M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$9.71M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.43M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.06M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.60M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-436.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$15.99M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$16.97M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.39M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$15.97M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.20M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.24M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$73.57M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$62.97M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.98M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.96M	USD	1 Quarter
Purchases of textbooks	`PaymentToPurchasesTextbooks`	$36.83M	USD	1 Quarter
Purchases of textbooks	`PaymentToPurchasesTextbooks`	$4.53M	USD	1 Quarter
Proceeds from disposition of textbooks	`ProceedsFromDispositionOfTextbooks`	$2.17M	USD	1 Quarter
Proceeds from disposition of textbooks	`ProceedsFromDispositionOfTextbooks`	$4.04M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$112.42M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$925.75M	USD	1 Quarter
Maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$181.31M	USD	1 Quarter
Maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$121.78M	USD	1 Quarter
Purchase of strategic equity investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	1 Quarter
Purchase of strategic equity investment	`PaymentsToAcquireEquityMethodInvestments`	$2.00M	USD	1 Quarter
Proceeds from sale of strategic equity investment	`ProceedsFromSaleOfEquityMethodInvestments`	$6.84M	USD	1 Quarter
Proceeds from sale of strategic equity investment	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.89M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-47.26M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-764.95M	USD	1 Quarter
Proceeds from common stock issued under stock plans, net	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$347.00K	USD	1 Quarter
Proceeds from common stock issued under stock plans, net	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$2.67M	USD	1 Quarter
Payment of taxes related to the net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$59.18M	USD	1 Quarter
Payment of taxes related to the net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$46.84M	USD	1 Quarter
Proceeds from equity offering, net of offering costs	`ProceedsFromIssuanceOfCommonStock`	$1.09B	USD	1 Quarter
Proceeds from equity offering, net of offering costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$189.85M	USD	1 Quarter
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	1 Quarter
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	-	USD	1 Quarter
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	$24.81M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-44.17M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$867.60M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-28.46M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$176.22M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$389.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$481.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$657.94M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$360.97M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$389.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$481.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$657.94M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$360.97M	USD	Point-in-time
Interest	`InterestPaidNet`	$500.00K	USD	1 Quarter
Interest	`InterestPaidNet`	$502.00K	USD	1 Quarter
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$3.06M	USD	1 Quarter
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$756.00K	USD	1 Quarter
Operating cash flows from operating leases	`OperatingLeasePayments`	$1.57M	USD	1 Quarter
Operating cash flows from operating leases	`OperatingLeasePayments`	$2.00M	USD	1 Quarter
Accrued purchases of long-lived assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$904.00K	USD	1 Quarter
Accrued purchases of long-lived assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$8.02M	USD	1 Quarter
Issuance of common stock related to repayment of convertible senior notes	`StockIssuedRepaymentForConvertibleSeniorNotes`	$11.24M	USD	1 Quarter
Issuance of common stock related to repayment of convertible senior notes	`StockIssuedRepaymentForConvertibleSeniorNotes`	-	USD	1 Quarter
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$389.43M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$481.71M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$657.94M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$360.97M	USD	Point-in-time

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	129.34M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	141.32M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$462.93M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$609.63M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$498.83M	USD	Point-in-time
Issuance of common stock in connection with equity offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$1.09B	USD	1 Quarter
Equity component of convertible senior notes, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$-11.30M	USD	1 Quarter
Issuance of common stock upon conversions of 2023 notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$11.24M	USD	1 Quarter
Net proceeds from capped call related to conversions and extinguishments of 2023 notes and 2025 notes	`AdjustmentsToAdditionalPaidInCapitalProceedsFromCappedCall`	$23.58M	USD	1 Quarter
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanandStockOptionsExercised`	$346.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanandStockOptionsExercised`	$2.67M	USD	1 Quarter
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-46.83M	USD	1 Quarter
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-59.17M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.33M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.65M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.27M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.77M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-5.71M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.18M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	129.34M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	141.32M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$462.93M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$609.63M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$498.83M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-5.71M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.18M	USD	1 Quarter
Change in net unrealized loss on available for sale investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-3.27M	USD	1 Quarter
Change in net unrealized loss on available for sale investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.89M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-999.00K	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-874.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.77M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-4.27M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-67.95M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-9.98M	USD	1 Quarter

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