10-Q Filing

CHEGG, INC CIK: 1364954 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001364954-22-000107`
Period End Date	20220930
Filing Date	20221101
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	chgg-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 72 Cash Flow Statement 130 Stockholders Equity 42 Comprehensive Income 20

Balance Sheet 87 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`	$298.00K	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`	$713.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.35M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$854.08M	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
Short-term investments	`ShortTermInvestments`	$691.78M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$871.41M	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 $298 and $153 at September 30, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$22.19M	USD	Point-in-time
Accounts receivable, net of allowance of $298 and $153 at September 30, 2022 and December 31, 2021, respectively	`AccountsReceivableNetCurrent`	$17.85M	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$33.44M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$35.20M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$23.85M	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	125.42M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	136.95M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.03B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.62B	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$286.78M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	136.95M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	125.42M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$745.99M	USD	Point-in-time
Textbook library, net	`TextbookLibraryNetValue`	$11.24M	USD	Point-in-time
Textbook library, net	`TextbookLibraryNetValue`	-	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$169.94M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$202.36M	USD	Point-in-time
Goodwill	`Goodwill`	$589.70M	USD	Point-in-time
Goodwill	`Goodwill`	$289.76M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$80.65M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$40.57M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$18.06M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$18.14M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.36M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$166.97M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$21.68M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$19.67M	USD	Point-in-time
Total assets	`Assets`	$2.92B	USD	Point-in-time
Total assets	`Assets`	$2.40B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.90M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$35.14M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$60.48M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$68.10M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$67.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$143.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$114.34M	USD	Point-in-time
Convertible senior notes, net	`SeniorLongTermNotes`	$1.68B	USD	Point-in-time
Convertible senior notes, net	`SeniorLongTermNotes`	$1.19B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$12.45M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$12.35M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.38M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.21B	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`	$1.35B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`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; 125,423,860 and 136,951,956 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$137.00K	USD	Point-in-time
Common stock, $0.001 par value per share: 400,000,000 shares authorized; 125,423,860 and 136,951,956 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$125.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.22B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.45B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-101.87M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.33M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-337.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-72.41M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.35B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.05B	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 stockholders' equity	`StockholdersEquity`	$818.79M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$609.63M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.92B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.40B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$561.70M	USD	3 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$164.74M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$568.80M	USD	3 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$171.94M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$199.19M	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$145.97M	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$67.10M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$45.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$119.54M	USD	1 Quarter
Gross profit	`GrossProfit`	$104.84M	USD	1 Quarter
Gross profit	`GrossProfit`	$369.60M	USD	3 Qtrs
Gross profit	`GrossProfit`	$415.73M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$150.32M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$45.43M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$43.27M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$131.00M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$31.80M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$75.14M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$109.58M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$27.24M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$154.55M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$33.97M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$111.56M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$53.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$104.48M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$317.69M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$130.97M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$414.45M	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-11.44M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$51.91M	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$361.00K	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$1.28M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.63M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-4.74M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-5.26M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.52M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$105.25M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-66.62M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$97.26M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$8.67M	USD	1 Quarter
Total interest expense, net and other income (expense), net	`NonoperatingIncomeExpense`	$100.51M	USD	3 Qtrs
Total interest expense, net and other income (expense), net	`NonoperatingIncomeExpense`	$-71.88M	USD	3 Qtrs
Total interest expense, net and other income (expense), net	`NonoperatingIncomeExpense`	$7.04M	USD	1 Quarter
Total interest expense, net and other income (expense), net	`NonoperatingIncomeExpense`	$95.73M	USD	1 Quarter
Income (loss) before benefit from (provision for) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$84.30M	USD	1 Quarter
Income (loss) before benefit from (provision for) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-19.97M	USD	3 Qtrs
Income (loss) before benefit from (provision for) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.40M	USD	1 Quarter
Income (loss) before benefit from (provision for) income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$101.79M	USD	3 Qtrs
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$747.00K	USD	1 Quarter
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$5.79M	USD	3 Qtrs
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$-162.99M	USD	3 Qtrs
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$-167.26M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$251.56M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.65M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$264.78M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-25.76M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.07	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.99	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.31	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	140.78M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	144.75M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	126.13M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	128.17M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	140.78M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	146.70M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	151.22M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	148.04M	shares	1 Quarter

Cash Flow Statement 130 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$251.56M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.65M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$264.78M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-25.76M	USD	3 Qtrs
Print textbook depreciation expense	`DepreciationTextbookLibrary`	$1.61M	USD	3 Qtrs
Print textbook depreciation expense	`DepreciationTextbookLibrary`	$9.02M	USD	3 Qtrs
Other depreciation and amortization expense	`OtherDepreciationAndAmortization`	$64.30M	USD	3 Qtrs
Other depreciation and amortization expense	`OtherDepreciationAndAmortization`	$46.27M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$98.34M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$76.16M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$4.51M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$4.08M	USD	3 Qtrs
Gain on foreign currency remeasurement of purchase consideration	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	3 Qtrs
Gain on foreign currency remeasurement of purchase consideration	`ForeignCurrencyTransactionGainLossBeforeTax`	$4.63M	USD	3 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
Impairment on lease related assets	`ImpairmentOfOperatingLeaseRightOfUseAssetsAndLeaseholdImprovements`	$3.41M	USD	3 Qtrs
Impairment on lease related assets	`ImpairmentOfOperatingLeaseRightOfUseAssetsAndLeaseholdImprovements`	-	USD	3 Qtrs
(Gain) loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
(Gain) loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$93.52M	USD	1 Quarter
(Gain) loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$93.52M	USD	3 Qtrs
(Gain) loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-78.15M	USD	3 Qtrs
Loss on change in fair value of derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	-	USD	3 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	3 Qtrs
Loss on change in fair value of derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Loss from write-off of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.12M	USD	3 Qtrs
Loss from write-off of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.86M	USD	3 Qtrs
Tax benefit related to release of valuation allowance	`IncomeTaxCreditsAndAdjustments`	$-174.60M	USD	1 Quarter
Tax benefit related to release of valuation allowance	`IncomeTaxCreditsAndAdjustments`	-	USD	3 Qtrs
Tax benefit related to release of valuation allowance	`IncomeTaxCreditsAndAdjustments`	$-174.60M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$563.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.38M	USD	3 Qtrs
Gain on sale of strategic equity investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	$7.16M	USD	1 Quarter
Gain on sale of strategic equity investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	-	USD	1 Quarter
Gain on sale of strategic equity investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	-	USD	3 Qtrs
Gain on sale of strategic equity investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	$12.50M	USD	3 Qtrs
(Gain) loss on textbook library, net	`TextbookLibraryGainLossNet`	$4.98M	USD	3 Qtrs
(Gain) loss on textbook library, net	`TextbookLibraryGainLossNet`	$-8.77M	USD	3 Qtrs
Operating lease expense, net of accretion	`OperatingLeaseCost`	$4.53M	USD	3 Qtrs
Operating lease expense, net of accretion	`OperatingLeaseCost`	$4.75M	USD	3 Qtrs
Restructuring charges	`RestructuringCosts`	$1.85M	USD	3 Qtrs
Restructuring charges	`RestructuringCosts`	-	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$65.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-619.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.59M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.26M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$31.07M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$-13.25M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-15.93M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-9.47M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.73M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.82M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$11.43M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$17.36M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-23.32M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$10.55M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-4.11M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-5.24M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$208.12M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$181.72M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$79.24M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$67.13M	USD	3 Qtrs
Purchases of textbooks	`PaymentToPurchasesTextbooks`	$3.81M	USD	3 Qtrs
Purchases of textbooks	`PaymentToPurchasesTextbooks`	$10.67M	USD	3 Qtrs
Proceeds from disposition of textbooks	`ProceedsFromDispositionOfTextbooks`	$2.50M	USD	3 Qtrs
Proceeds from disposition of textbooks	`ProceedsFromDispositionOfTextbooks`	$7.82M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$534.01M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$1.57B	USD	3 Qtrs
Maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$893.32M	USD	3 Qtrs
Maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$783.91M	USD	3 Qtrs
Purchase of strategic equity investment	`PaymentsToAcquireEquitySecuritiesWithoutReadilyDeterminableValue`	$6.00M	USD	3 Qtrs
Purchase of strategic equity investment	`PaymentsToAcquireEquitySecuritiesWithoutReadilyDeterminableValue`	-	USD	3 Qtrs
Proceeds from sale of strategic equity investment	`ProceedsFromSaleOfEquityMethodInvestments`	$16.08M	USD	3 Qtrs
Proceeds from sale of strategic equity investment	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$401.12M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.89M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-237.78M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-742.54M	USD	3 Qtrs
Proceeds from common stock issued under stock plans, net	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$4.56M	USD	3 Qtrs
Proceeds from common stock issued under stock plans, net	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$5.37M	USD	3 Qtrs
Payment of taxes related to the net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$89.34M	USD	3 Qtrs
Payment of taxes related to the net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.78M	USD	3 Qtrs
Proceeds from equity offering, net of offering costs	`ProceedsFromIssuanceOfCommonStock`	$1.09B	USD	3 Qtrs
Proceeds from equity offering, net of offering costs	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$300.75M	USD	3 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$401.20M	USD	3 Qtrs
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	$69.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$323.53M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Payment of escrow related to acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$7.45M	USD	3 Qtrs
Payment of escrow related to acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$768.30M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-732.95M	USD	3 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	3 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.63M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$233.88M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-784.38M	USD	3 Qtrs
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`	$481.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$715.60M	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`	$481.71M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$715.60M	USD	Point-in-time
Interest	`InterestPaidNet`	$875.00K	USD	3 Qtrs
Interest	`InterestPaidNet`	$1.05M	USD	3 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$5.53M	USD	3 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$5.61M	USD	3 Qtrs
Operating cash flows from operating leases	`OperatingLeasePayments`	$5.93M	USD	3 Qtrs
Operating cash flows from operating leases	`OperatingLeasePayments`	$6.91M	USD	3 Qtrs
Operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	3 Qtrs
Operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$7.60M	USD	3 Qtrs
Accrued purchases of long-lived assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$1.84M	USD	3 Qtrs
Accrued purchases of long-lived assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$4.10M	USD	3 Qtrs
Issuance of common stock related to repayment of convertible senior notes	`StockIssuedForRepaymentOfDebt`	$235.52M	USD	3 Qtrs
Issuance of common stock related to repayment of convertible senior notes	`StockIssuedForRepaymentOfDebt`	-	USD	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$713.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$854.08M	USD	Point-in-time
Restricted cash included in other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Restricted cash included in other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$63.00K	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.10M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$1.76M	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`	$481.71M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.51M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$715.60M	USD	Point-in-time

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	136.95M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	125.42M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.35B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.05B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$818.79M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$609.63M	USD	Point-in-time
Repurchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	1.15M	shares	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$23.08M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$323.53M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueNewIssues`	$4.56M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueNewIssues`	$1.09B	USD	3 Qtrs
Equity component on conversions of 2023 notes and 2025 notes	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$-236.92M	USD	3 Qtrs
Issuance of common stock upon conversions of 2023 notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$235.52M	USD	3 Qtrs
Net proceeds from capped call related to conversions of 2023 notes and 2025 notes	`AdjustmentsToAdditionalPaidInCapitalProceedsFromCappedCall`	$67.77M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionsExercised`	$5.37M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionsExercised`	$106.00K	USD	1 Quarter
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-89.34M	USD	3 Qtrs
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-12.78M	USD	3 Qtrs
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-14.70M	USD	1 Quarter
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-2.56M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$78.00M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.16M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$103.12M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$34.81M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.08M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-582.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-96.54M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$251.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.65M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.78M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-25.76M	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	136.95M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	125.42M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.35B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.05B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$818.79M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$609.63M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$251.56M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.65M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$264.78M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-25.76M	USD	3 Qtrs
Change in net unrealized loss on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.95M	USD	1 Quarter
Change in net unrealized loss on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.97M	USD	3 Qtrs
Change in net unrealized loss on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-17.20M	USD	3 Qtrs
Change in net unrealized loss on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-455.00K	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-31.06M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.11M	USD	3 Qtrs
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-79.34M	USD	3 Qtrs
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-127.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-582.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-96.54M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-33.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.08M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$218.56M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-28.85M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$6.07M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$168.24M	USD	3 Qtrs

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