10-Q Filing

CHEGG, INC CIK: 1364954 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001364954-21-000071`
Period End Date	20210630
Filing Date	20210809
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	chgg-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 72 Cash Flow Statement 109 Stockholders Equity 43 Comprehensive Income 20

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$147.00K	USD	Point-in-time
Allowance for doubtful accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$153.00K	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`	$285.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$479.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$840.06M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$665.57M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.22B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $147 and $153 at June 30, 2021 and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$10.09M	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 $147 and $153 at June 30, 2021 and December 31, 2020, respectively	`AccountsReceivableNetCurrent`	$12.91M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$18.81M	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, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$25.64M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.85M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.12B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.18B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	129.34M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	144.62M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	144.62M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$523.63M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$484.85M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	129.34M	shares	Point-in-time
Textbook library, net	`TextbookLibraryNet`	$34.15M	USD	Point-in-time
Textbook library, net	`TextbookLibraryNet`	$17.68M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$149.63M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$125.81M	USD	Point-in-time
Goodwill	`Goodwill`	$290.73M	USD	Point-in-time
Goodwill	`Goodwill`	$285.21M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$51.25M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$46.62M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$21.10M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$24.23M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$24.03M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$24.07M	USD	Point-in-time
Total assets	`Assets`	$3.15B	USD	Point-in-time
Total assets	`Assets`	$2.25B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.21M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.55M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$34.68M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$32.62M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$72.64M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$68.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$109.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$113.54M	USD	Point-in-time
Convertible senior notes, net	`SeniorLongTermNotes`	$1.68B	USD	Point-in-time
Convertible senior notes, net	`SeniorLongTermNotes`	$1.51B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$19.26M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$15.81M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.38M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$5.71M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.70B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.53B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.81B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.64B	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 per share, 10,000,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value per share, 10,000,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value per share: 400,000,000 shares authorized; 144,621,425 and 129,343,524 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$145.00K	USD	Point-in-time
Common stock, $0.001 par value per share: 400,000,000 shares authorized; 144,621,425 and 129,343,524 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$129.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.71B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.03B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.53M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-970.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-368.15M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-422.60M	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`	$498.38M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.34B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$498.83M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$462.93M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.15B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.25B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$153.01M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$198.48M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$284.60M	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$396.86M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$132.09M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$60.71M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$85.91M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$43.52M	USD	1 Quarter
Gross profit	`GrossProfit`	$109.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$264.76M	USD	2 Qtrs
Gross profit	`GrossProfit`	$137.77M	USD	1 Quarter
Gross profit	`GrossProfit`	$198.69M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$79.92M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$40.37M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$41.59M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$87.73M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$21.69M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$47.90M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$15.76M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$36.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$77.59M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$57.44M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$39.72M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$31.29M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$103.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$87.42M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$173.35M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$213.22M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$34.77M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$51.55M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$25.34M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$22.06M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.70M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-3.63M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-13.43M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-26.85M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$8.20M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$3.24M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.92M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-75.29M	USD	2 Qtrs
Total interest expense, net and other income (expense), net	`NonoperatingIncomeExpense`	$-78.92M	USD	2 Qtrs
Total interest expense, net and other income (expense), net	`NonoperatingIncomeExpense`	$219.00K	USD	1 Quarter
Total interest expense, net and other income (expense), net	`NonoperatingIncomeExpense`	$-18.65M	USD	2 Qtrs
Total interest expense, net and other income (expense), net	`NonoperatingIncomeExpense`	$-10.19M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-27.37M	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.68M	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$34.99M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$11.88M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.29M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.05M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.23M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.81M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.88M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-32.41M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$32.76M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$10.59M	USD	1 Quarter
Ned (loss) income per share, basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Ned (loss) income per share, basic (in dollars per share)	`EarningsPerShareBasic`	$0.04	USD	2 Qtrs
Ned (loss) income per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.23	USD	2 Qtrs
Ned (loss) income per share, basic (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Ned (loss) income per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Ned (loss) income per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	2 Qtrs
Ned (loss) income per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.23	USD	2 Qtrs
Ned (loss) income per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Weighted average shares used to compute net income (loss) per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	143.11M	shares	1 Quarter
Weighted average shares used to compute net income (loss) per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	138.76M	shares	2 Qtrs
Weighted average shares used to compute net income (loss) per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	123.14M	shares	2 Qtrs
Weighted average shares used to compute net income (loss) per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	123.84M	shares	1 Quarter
Weighted average shares used to compute net income (loss) per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	132.67M	shares	2 Qtrs
Weighted average shares used to compute net income (loss) per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	133.85M	shares	1 Quarter
Weighted average shares used to compute net income (loss) per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	138.76M	shares	2 Qtrs
Weighted average shares used to compute net income (loss) per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	168.28M	shares	1 Quarter

Cash Flow Statement 109 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.88M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-32.41M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$32.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.59M	USD	1 Quarter
Print textbook depreciation expense	`DepreciationTextbookLibrary`	$7.06M	USD	2 Qtrs
Print textbook depreciation expense	`DepreciationTextbookLibrary`	$6.58M	USD	2 Qtrs
Other depreciation and amortization expense	`OtherDepreciationAndAmortization`	$19.83M	USD	2 Qtrs
Other depreciation and amortization expense	`OtherDepreciationAndAmortization`	$30.19M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$51.65M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$37.88M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$25.89M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.10M	USD	2 Qtrs
Loss on change in fair value of derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Loss on change in fair value of derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-7.15M	USD	2 Qtrs
Loss on change in fair value of derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	-	USD	2 Qtrs
Loss on change in fair value of derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Loss from write-off of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-851.00K	USD	2 Qtrs
Loss from write-off of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.04M	USD	2 Qtrs
Gain on sale of strategic equity investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	$5.34M	USD	2 Qtrs
Gain on sale of strategic equity investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	-	USD	1 Quarter
Gain on sale of strategic equity investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	-	USD	2 Qtrs
Gain on sale of strategic equity investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	-	USD	1 Quarter
Loss (gain) on textbook library, net	`TextbookLibraryGainLossNet`	$1.37M	USD	2 Qtrs
Loss (gain) on textbook library, net	`TextbookLibraryGainLossNet`	$-4.23M	USD	2 Qtrs
Operating lease expense, net of accretion	`OperatingLeaseCost`	$2.19M	USD	2 Qtrs
Operating lease expense, net of accretion	`OperatingLeaseCost`	$3.06M	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$427.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-298.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.46M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.96M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$14.71M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$1.81M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-7.22M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$712.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.14M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-574.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.06M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$8.12M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$17.39M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.20M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-946.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-2.28M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$122.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$144.50M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.11M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$46.59M	USD	2 Qtrs
Purchases of textbooks	`PaymentToPurchasesTextbooks`	$5.02M	USD	2 Qtrs
Purchases of textbooks	`PaymentToPurchasesTextbooks`	$38.67M	USD	2 Qtrs
Proceeds from disposition of textbooks	`ProceedsFromDispositionOfTextbooks`	$3.42M	USD	2 Qtrs
Proceeds from disposition of textbooks	`ProceedsFromDispositionOfTextbooks`	$6.71M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$984.61M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$277.03M	USD	2 Qtrs
Maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$271.71M	USD	2 Qtrs
Maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$455.54M	USD	2 Qtrs
Purchase of strategic equity investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Purchase of strategic equity investment	`PaymentsToAcquireEquityMethodInvestments`	$2.00M	USD	2 Qtrs
Proceeds from sale of strategic equity investment	`ProceedsFromSaleOfEquityMethodInvestments`	$7.08M	USD	2 Qtrs
Proceeds from sale of strategic equity investment	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$92.80M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.89M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-574.78M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-178.48M	USD	2 Qtrs
Proceeds from common stock issued under stock plans, net	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$5.27M	USD	2 Qtrs
Proceeds from common stock issued under stock plans, net	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$8.04M	USD	2 Qtrs
Payment of taxes related to the net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$54.10M	USD	2 Qtrs
Payment of taxes related to the net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$74.64M	USD	2 Qtrs
Proceeds from equity offering, net of offering costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from equity offering, net of offering costs	`ProceedsFromIssuanceOfCommonStock`	$1.09B	USD	2 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	2 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$300.75M	USD	2 Qtrs
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	$69.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$790.34M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-46.06M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-102.34M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$360.06M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$287.09M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$841.78M	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`	$389.43M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$287.09M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$841.78M	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`	$389.43M	USD	Point-in-time
Interest	`InterestPaidNet`	$615.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$931.00K	USD	2 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$1.25M	USD	2 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$4.27M	USD	2 Qtrs
Operating cash flows from operating leases	`OperatingLeasePayments`	$4.03M	USD	2 Qtrs
Operating cash flows from operating leases	`OperatingLeasePayments`	$3.35M	USD	2 Qtrs
Right of use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs
Right of use assets obtained in exchange for operating lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.71M	USD	2 Qtrs
Accrued purchases of long-lived assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$2.34M	USD	2 Qtrs
Accrued purchases of long-lived assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$754.00K	USD	2 Qtrs
Accrued escrow related to acquisition	`NoncashOrPartNoncashAcquisitionAccruedEscrow`	$7.45M	USD	2 Qtrs
Accrued escrow related to acquisition	`NoncashOrPartNoncashAcquisitionAccruedEscrow`	-	USD	2 Qtrs
Issuance of common stock related to repayment of convertible senior notes	`StockIssuedRepaymentForConvertibleSeniorNotes`	-	USD	2 Qtrs
Issuance of common stock related to repayment of convertible senior notes	`StockIssuedRepaymentForConvertibleSeniorNotes`	$235.52M	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$285.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$479.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$840.06M	USD	Point-in-time
Restricted cash included in other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Restricted cash included in other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$308.00K	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.72M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.72M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$287.09M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$841.78M	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`	$389.43M	USD	Point-in-time

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	144.62M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	129.34M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$609.63M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$498.38M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$498.83M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$462.93M	USD	Point-in-time
Issuance of common stock in connection with equity offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$1.09B	USD	2 Qtrs
Equity component of convertible senior notes, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$-236.92M	USD	2 Qtrs
Equity component of convertible senior notes, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$-225.62M	USD	1 Quarter
Issuance of common stock upon conversions of 2023 notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$224.28M	USD	1 Quarter
Issuance of common stock upon conversions of 2023 notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$235.52M	USD	2 Qtrs
Net proceeds from capped call related to conversions of 2023 notes and 2025 notes	`AdjustmentsToAdditionalPaidInCapitalProceedsFromCappedCall`	$44.19M	USD	1 Quarter
Net proceeds from capped call related to conversions of 2023 notes and 2025 notes	`AdjustmentsToAdditionalPaidInCapitalProceedsFromCappedCall`	$67.77M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanandStockOptionsExercised`	$5.26M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanandStockOptionsExercised`	$4.92M	USD	1 Quarter
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanandStockOptionsExercised`	$5.37M	USD	1 Quarter
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanandStockOptionsExercised`	$8.04M	USD	2 Qtrs
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-15.46M	USD	1 Quarter
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-54.10M	USD	2 Qtrs
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-7.27M	USD	1 Quarter
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-74.64M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.55M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$52.84M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$37.88M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$29.19M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$268.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.50M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.95M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$7.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.88M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-32.41M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$32.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.59M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	144.62M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	129.34M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$609.63M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$498.38M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$498.83M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$462.93M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.88M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-32.41M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$32.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.59M	USD	1 Quarter
Change in net unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$3.56M	USD	2 Qtrs
Change in net unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.52M	USD	2 Qtrs
Change in net unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$6.83M	USD	1 Quarter
Change in net unrealized gain (loss) on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$375.00K	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-981.00K	USD	2 Qtrs
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-618.00K	USD	2 Qtrs
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$381.00K	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-107.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.95M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$7.21M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.50M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$268.00K	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$7.82M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$17.80M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-34.91M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$33.03M	USD	1 Quarter

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