10-Q Filing

CHEGG, INC CIK: 1364954 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001364954-23-000121`
Period End Date	20230630
Filing Date	20230807
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	chgg-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 72 Cash Flow Statement 116 Stockholders Equity 42 Comprehensive Income 20

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$394.00K	USD	Point-in-time
Allowance for doubtful accounts receivable, current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$224.00K	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`	$175.37M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$473.68M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$209.69M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$583.97M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $224 and $394 at June 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$20.67M	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 $224 and $394 at June 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$23.52M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$18.62M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$28.48M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$22.37M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$34.75M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.14B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	126.47M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$446.72M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	115.18M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$216.23M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	115.18M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$422.76M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	126.47M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$198.32M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$204.38M	USD	Point-in-time
Goodwill	`Goodwill`	$615.09M	USD	Point-in-time
Goodwill	`Goodwill`	$629.56M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$67.63M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$78.33M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$28.27M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$18.84M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$167.52M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$146.79M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$20.61M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$28.49M	USD	Point-in-time
Total assets	`Assets`	$1.97B	USD	Point-in-time
Total assets	`Assets`	$2.47B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.37M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$56.27M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$53.20M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$76.66M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$70.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$138.87M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$142.81M	USD	Point-in-time
Convertible senior notes, net	`SeniorLongTermNotes`	$1.19B	USD	Point-in-time
Convertible senior notes, net	`SeniorLongTermNotes`	$767.04M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$13.38M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.25M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.43M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.99M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.21B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$790.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.35B	USD	Point-in-time
Total liabilities	`Liabilities`	$933.53M	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`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; 115,177,618 and 126,473,827 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$115.00K	USD	Point-in-time
Common stock, $0.001 par value per share: 400,000,000 shares authorized; 115,177,618 and 126,473,827 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$126.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.12B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.24B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.18M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-57.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-70.55M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-43.76M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.04B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.12B	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 liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.47B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.97B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$194.72M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$182.85M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$396.96M	USD	2 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$370.45M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$45.68M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$96.56M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$100.77M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$47.41M	USD	1 Quarter
Gross profit	`GrossProfit`	$273.89M	USD	2 Qtrs
Gross profit	`GrossProfit`	$296.20M	USD	2 Qtrs
Gross profit	`GrossProfit`	$149.04M	USD	1 Quarter
Gross profit	`GrossProfit`	$135.44M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$52.48M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$99.78M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$52.87M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$104.89M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$35.28M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$30.96M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$67.97M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$77.78M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$100.81M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$53.94M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$129.28M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$70.31M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$154.14M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$283.48M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$297.03M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$141.69M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$12.72M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$7.34M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-18.70M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-23.14M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.11M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-3.21M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.62M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.38M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.81M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$7.99M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$64.10M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$76.18M	USD	2 Qtrs
Total interest expense, net and other income, net	`NonoperatingIncomeExpense`	$4.78M	USD	2 Qtrs
Total interest expense, net and other income, net	`NonoperatingIncomeExpense`	$193.00K	USD	1 Quarter
Total interest expense, net and other income, net	`NonoperatingIncomeExpense`	$62.99M	USD	1 Quarter
Total interest expense, net and other income, net	`NonoperatingIncomeExpense`	$73.80M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.54M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.50M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$44.29M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$50.66M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$60.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$23.86M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.68M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.28M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$24.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.22M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$7.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.80M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.08	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.11	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	120.83M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	129.20M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	117.98M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	126.27M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	137.42M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	149.57M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	129.93M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	132.94M	shares	1 Quarter

Cash Flow Statement 116 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$24.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.22M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$7.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.80M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$64.17M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$69.67M	USD	2 Qtrs
Other depreciation and amortization expense	`OtherDepreciationAndAmortization`	$52.03M	USD	2 Qtrs
Other depreciation and amortization expense	`OtherDepreciationAndAmortization`	$41.92M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-303.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$20.14M	USD	2 Qtrs
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$53.78M	USD	1 Quarter
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$53.78M	USD	2 Qtrs
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Restructuring charges	`RestructuringCosts`	$5.70M	USD	2 Qtrs
Restructuring charges	`RestructuringCosts`	-	USD	2 Qtrs
Loss contingency	`LossContingencyAccrualProvision`	$7.00M	USD	2 Qtrs
Loss contingency	`LossContingencyAccrualProvision`	-	USD	2 Qtrs
Operating lease expense, net	`OperatingLeaseCost`	$3.01M	USD	2 Qtrs
Operating lease expense, net	`OperatingLeaseCost`	$3.24M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.99M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.78M	USD	2 Qtrs
Loss from write-off of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-450.00K	USD	2 Qtrs
Loss from write-off of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-2.77M	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	2 Qtrs
Gain on foreign currency remeasurement of purchase consideration	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	1 Quarter
Print textbook depreciation expense	`DepreciationTextbookLibrary`	-	USD	2 Qtrs
Print textbook depreciation expense	`DepreciationTextbookLibrary`	$1.61M	USD	2 Qtrs
Impairment on lease related assets	`ImpairmentOfOperatingLeaseRightOfUseAssetsAndLeaseholdImprovements`	$3.41M	USD	2 Qtrs
Impairment on lease related assets	`ImpairmentOfOperatingLeaseRightOfUseAssetsAndLeaseholdImprovements`	-	USD	2 Qtrs
Gain on textbook library, net	`TextbookLibraryGainLossNet`	-	USD	2 Qtrs
Gain on textbook library, net	`TextbookLibraryGainLossNet`	$4.97M	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-470.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$1.08M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.08M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.23M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$-28.77M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$-15.08M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-13.06M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-5.47M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-671.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.25M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-3.63M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$4.26M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-21.03M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-7.14M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-8.21M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-2.96M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$143.75M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$135.91M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.86M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$57.29M	USD	2 Qtrs
Purchases of textbooks	`PaymentToPurchasesTextbooks`	$3.81M	USD	2 Qtrs
Purchases of textbooks	`PaymentToPurchasesTextbooks`	-	USD	2 Qtrs
Proceeds from disposition of textbooks	`ProceedsFromDispositionOfTextbooks`	$9.79M	USD	2 Qtrs
Proceeds from disposition of textbooks	`ProceedsFromDispositionOfTextbooks`	$2.49M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$552.41M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$356.55M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$522.47M	USD	2 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$476.86M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$238.68M	USD	2 Qtrs
Purchase of strategic equity investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Purchase of strategic equity investment	`PaymentsToAcquireEquityMethodInvestments`	$9.60M	USD	2 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$401.12M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-293.82M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$129.45M	USD	2 Qtrs
Proceeds from common stock issued under stock plans, net	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$3.08M	USD	2 Qtrs
Proceeds from common stock issued under stock plans, net	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$4.56M	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`	$11.07M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$300.45M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$186.37M	USD	2 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	2 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$369.76M	USD	2 Qtrs
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	$297.00K	USD	1 Quarter
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	$300.00K	USD	2 Qtrs
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-306.11M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-563.82M	USD	2 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$197.00K	USD	2 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.63M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-451.55M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-298.26M	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`	$855.89M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$475.85M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$177.59M	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`	$855.89M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$475.85M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$177.59M	USD	Point-in-time
Interest	`InterestPaidNet`	$437.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$517.00K	USD	2 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$6.17M	USD	2 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$3.92M	USD	2 Qtrs
Operating cash flows from operating leases	`OperatingLeasePayments`	$4.91M	USD	2 Qtrs
Operating cash flows from operating leases	`OperatingLeasePayments`	$3.87M	USD	2 Qtrs
Operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$12.41M	USD	2 Qtrs
Operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.24M	USD	2 Qtrs
Accrued purchases of long-lived assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$4.52M	USD	2 Qtrs
Accrued purchases of long-lived assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$4.06M	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$402.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$175.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$473.68M	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`	$60.00K	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.16M	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`	$855.89M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$475.85M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$177.59M	USD	Point-in-time

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	115.18M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	126.47M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.04B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.12B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$808.52M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$818.79M	USD	Point-in-time
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$300.45M	USD	2 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$186.37M	USD	2 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$35.06M	USD	1 Quarter
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionsExercised`	$2.94M	USD	1 Quarter
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionsExercised`	$3.08M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionsExercised`	$4.56M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionsExercised`	$4.10M	USD	1 Quarter
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-3.33M	USD	1 Quarter
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-2.75M	USD	1 Quarter
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-11.07M	USD	2 Qtrs
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-10.22M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$68.30M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$33.39M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$71.36M	USD	2 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$36.63M	USD	1 Quarter
Net proceeds from capped call related to conversions of 2023 notes and 2025 notes	`AdjustmentsToAdditionalPaidInCapitalProceedsFromCappedCall`	$297.00K	USD	1 Quarter
Net proceeds from capped call related to conversions of 2023 notes and 2025 notes	`AdjustmentsToAdditionalPaidInCapitalProceedsFromCappedCall`	$297.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.16M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-63.53M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-31.95M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$14.31M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$24.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.22M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$7.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.80M	USD	2 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	115.18M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	126.47M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.01B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.04B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.12B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$808.52M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$818.79M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$24.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.22M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$7.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.80M	USD	2 Qtrs
Change in net unrealized loss on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-4.42M	USD	1 Quarter
Change in net unrealized loss on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-2.33M	USD	1 Quarter
Change in net unrealized loss on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-15.25M	USD	2 Qtrs
Change in net unrealized loss on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-608.00K	USD	2 Qtrs
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`	$14.92M	USD	2 Qtrs
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$6.58M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-31.95M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$14.31M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.16M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-63.53M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-24.47M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$26.77M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-50.32M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$41.11M	USD	2 Qtrs

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