10-Q Filing

CHEGG, INC CIK: 1364954 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001364954-22-000088`
Period End Date	20220630
Filing Date	20220804
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	chgg-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 72 Cash Flow Statement 119 Stockholders Equity 45 Comprehensive Income 20

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`	$234.00K	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`	$402.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$854.08M	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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$691.78M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$981.29M	USD	Point-in-time
Accounts receivable, net of allowance of $234 and $153 at June 30, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$16.82M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $234 and $153 at June 30, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$17.85M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$35.09M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$20.11M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$23.85M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$31.56M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	126.34M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.45B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.62B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	136.95M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	126.34M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$745.99M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	136.95M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$265.73M	USD	Point-in-time
Textbook library, net	`TextbookLibraryNetValue`	-	USD	Point-in-time
Textbook library, net	`TextbookLibraryNetValue`	$11.24M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$195.37M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$169.94M	USD	Point-in-time
Goodwill	`Goodwill`	$289.76M	USD	Point-in-time
Goodwill	`Goodwill`	$616.65M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$91.47M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$40.57M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$15.48M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$18.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$21.04M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$17.95M	USD	Point-in-time
Total assets	`Assets`	$2.92B	USD	Point-in-time
Total assets	`Assets`	$2.65B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.91M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$53.30M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$35.14M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$67.21M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$69.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$114.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$134.37M	USD	Point-in-time
Convertible senior notes, net	`SeniorLongTermNotes`	$1.68B	USD	Point-in-time
Convertible senior notes, net	`SeniorLongTermNotes`	$1.68B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$12.45M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$11.28M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.15M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.38M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.70B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.70B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.81B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.84B	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; 126,343,933 and 136,951,956 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$126.00K	USD	Point-in-time
Common stock, $0.001 par value per share: 400,000,000 shares authorized; 126,343,933 and 136,951,956 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$137.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.21B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.45B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-68.87M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.33M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-323.97M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-337.19M	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`	$808.52M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$818.79M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.34B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.65B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.92B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$396.96M	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$198.48M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$396.86M	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$194.72M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$45.68M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$60.71M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$132.09M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$100.77M	USD	2 Qtrs
Gross profit	`GrossProfit`	$137.77M	USD	1 Quarter
Gross profit	`GrossProfit`	$264.76M	USD	2 Qtrs
Gross profit	`GrossProfit`	$149.04M	USD	1 Quarter
Gross profit	`GrossProfit`	$296.20M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$87.73M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$104.89M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$41.59M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$52.48M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$35.28M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$21.69M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$77.78M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$47.90M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$100.81M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$39.72M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$77.59M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$53.94M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$283.48M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$103.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$141.69M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$213.22M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$7.34M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$34.77M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$51.55M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$12.72M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-3.21M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.62M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-3.63M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.70M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.92M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$7.99M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-75.29M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.81M	USD	1 Quarter
Total interest expense, net and other income (expense), net	`NonoperatingIncomeExpense`	$4.78M	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`	$193.00K	USD	1 Quarter
Total interest expense, net and other income (expense), net	`NonoperatingIncomeExpense`	$-78.92M	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.54M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$34.99M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.50M	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-27.37M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$60.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.28M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.05M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.23M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$13.22M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$32.76M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-32.41M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$7.48M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.23	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.23	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	138.76M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	143.11M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	126.27M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	129.20M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	168.28M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	138.76M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	129.93M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	149.57M	shares	1 Quarter

Cash Flow Statement 119 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$13.22M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$32.76M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-32.41M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$7.48M	USD	1 Quarter
Print textbook depreciation expense	`DepreciationTextbookLibrary`	$1.61M	USD	2 Qtrs
Print textbook depreciation expense	`DepreciationTextbookLibrary`	$6.58M	USD	2 Qtrs
Other depreciation and amortization expense	`OtherDepreciationAndAmortization`	$41.92M	USD	2 Qtrs
Other depreciation and amortization expense	`OtherDepreciationAndAmortization`	$30.19M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$64.17M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$51.65M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.10M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.78M	USD	2 Qtrs
Gain on foreign currency remeasurement of purchase consideration	`ForeignCurrencyTransactionGainLossBeforeTax`	$4.63M	USD	2 Qtrs
Gain on foreign currency remeasurement of purchase consideration	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	1 Quarter
Gain on foreign currency remeasurement of purchase consideration	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	1 Quarter
Gain on foreign currency remeasurement of purchase consideration	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	2 Qtrs
Impairment charges	`ImpairmentOfOperatingLeaseRightOfUseAssetsAndLeaseholdImprovements`	$3.41M	USD	2 Qtrs
Impairment charges	`ImpairmentOfOperatingLeaseRightOfUseAssetsAndLeaseholdImprovements`	-	USD	2 Qtrs
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-78.15M	USD	2 Qtrs
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	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`	$-7.15M	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`	-	USD	1 Quarter
Loss from write-off of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.77M	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`	-	USD	2 Qtrs
Gain on sale of strategic equity investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	-	USD	1 Quarter
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) loss on textbook library, net	`TextbookLibraryGainLossNet`	$4.97M	USD	2 Qtrs
(Gain) loss on textbook library, net	`TextbookLibraryGainLossNet`	$-4.23M	USD	2 Qtrs
Operating lease expense, net of accretion	`OperatingLeaseCost`	$3.24M	USD	2 Qtrs
Operating lease expense, net of accretion	`OperatingLeaseCost`	$3.06M	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-298.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-167.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.23M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.46M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$14.71M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$-28.77M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-7.22M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-13.06M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.25M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.14M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.06M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$4.26M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-21.03M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.20M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-2.96M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-2.28M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$143.75M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$144.50M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$57.29M	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`	$3.81M	USD	2 Qtrs
Proceeds from disposition of textbooks	`ProceedsFromDispositionOfTextbooks`	$2.49M	USD	2 Qtrs
Proceeds from disposition of textbooks	`ProceedsFromDispositionOfTextbooks`	$6.71M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$356.55M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$984.61M	USD	2 Qtrs
Maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$455.54M	USD	2 Qtrs
Maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$522.47M	USD	2 Qtrs
Proceeds from sale of strategic equity investment	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	2 Qtrs
Proceeds from sale of strategic equity investment	`ProceedsFromSaleOfEquityMethodInvestments`	$7.08M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$401.12M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.89M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-293.82M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-574.78M	USD	2 Qtrs
Proceeds from common stock issued under stock plans, net	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$4.56M	USD	2 Qtrs
Proceeds from common stock issued under stock plans, net	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$5.27M	USD	2 Qtrs
Payment of taxes related to the net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.22M	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`	$1.09B	USD	2 Qtrs
Proceeds from equity offering, net of offering costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$300.75M	USD	2 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	2 Qtrs
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	$69.00M	USD	2 Qtrs
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$300.45M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$790.34M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-306.11M	USD	2 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.63M	USD	2 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-451.55M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$360.06M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$404.34M	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`	$855.89M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$404.34M	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`	$855.89M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$841.78M	USD	Point-in-time
Interest	`InterestPaidNet`	$615.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$437.00K	USD	2 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$3.92M	USD	2 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$4.27M	USD	2 Qtrs
Operating cash flows from operating leases	`OperatingLeasePayments`	$3.87M	USD	2 Qtrs
Operating cash flows from operating leases	`OperatingLeasePayments`	$4.03M	USD	2 Qtrs
Operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.24M	USD	2 Qtrs
Operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs
Accrued purchases of long-lived assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$2.34M	USD	2 Qtrs
Accrued purchases of long-lived assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$4.06M	USD	2 Qtrs
Issuance of common stock related to repayment of convertible senior notes	`StockIssuedForRepaymentOfDebt`	$235.52M	USD	2 Qtrs
Issuance of common stock related to repayment of convertible senior notes	`StockIssuedForRepaymentOfDebt`	-	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$402.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$854.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$840.06M	USD	Point-in-time
Restricted cash included in other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$64.00K	USD	Point-in-time
Restricted cash included in other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.72M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.19M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$404.34M	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`	$855.89M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$841.78M	USD	Point-in-time

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	126.34M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	136.95M	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`	$808.52M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$818.79M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$300.45M	USD	2 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueNewIssues`	$1.09B	USD	2 Qtrs
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueNewIssues`	$4.56M	USD	2 Qtrs
Equity component on conversions of 2023 notes and 2025 notes	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$-225.62M	USD	1 Quarter
Equity component on conversions of 2023 notes and 2025 notes	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$-236.92M	USD	2 Qtrs
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`	$67.77M	USD	2 Qtrs
Net proceeds from capped call related to conversions of 2023 notes and 2025 notes	`AdjustmentsToAdditionalPaidInCapitalProceedsFromCappedCall`	$44.19M	USD	1 Quarter
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`	$4.10M	USD	1 Quarter
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionsExercised`	$5.26M	USD	2 Qtrs
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-2.75M	USD	1 Quarter
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-74.64M	USD	2 Qtrs
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-10.22M	USD	2 Qtrs
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-15.46M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$29.19M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$68.30M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$52.84M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$33.39M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-63.53M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.95M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$268.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.50M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$13.22M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$32.76M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-32.41M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$7.48M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	126.34M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	136.95M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$609.63M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$808.52M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$818.79M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.11B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$13.22M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$32.76M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-32.41M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$7.48M	USD	1 Quarter
Change in net unrealized (loss) gain on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$375.00K	USD	1 Quarter
Change in net unrealized (loss) gain on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-15.25M	USD	2 Qtrs
Change in net unrealized (loss) gain on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.52M	USD	2 Qtrs
Change in net unrealized (loss) gain on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-2.33M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-29.61M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-48.28M	USD	2 Qtrs
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`	$-107.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$268.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-2.50M	USD	2 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-31.95M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-63.53M	USD	2 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-24.47M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$33.03M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-50.32M	USD	2 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-34.91M	USD	2 Qtrs

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