10-Q Filing

CHEGG, INC CIK: 1364954 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001364954-23-000146`
Period End Date	20230930
Filing Date	20231030
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	chgg-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 72 Cash Flow Statement 117 Stockholders Equity 39 Comprehensive Income 20

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$394.00K	USD	Point-in-time
Accounts receivable, net of allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$245.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$473.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$94.42M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	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`	$166.84M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$583.97M	USD	Point-in-time
Accounts receivable, net of allowance of $245 and $394 at September 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$30.48M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $245 and $394 at September 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$23.52M	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`	$30.76M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$28.48M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	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
Other current assets	`OtherAssetsCurrent`	$25.20M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$347.70M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	115.67M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	126.47M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.14B	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$412.54M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	115.67M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	126.47M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$216.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$168.74M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$204.38M	USD	Point-in-time
Goodwill	`Goodwill`	$617.69M	USD	Point-in-time
Goodwill	`Goodwill`	$615.09M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$56.64M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$78.33M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$26.57M	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$18.84M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$145.81M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$167.52M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$28.96M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$20.61M	USD	Point-in-time
Total assets	`Assets`	$2.47B	USD	Point-in-time
Total assets	`Assets`	$1.80B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.19M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.37M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$58.91M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$56.27M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$73.13M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$70.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$150.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$138.87M	USD	Point-in-time
Convertible senior notes, net	`SeniorLongTermNotes`	$599.29M	USD	Point-in-time
Convertible senior notes, net	`SeniorLongTermNotes`	$1.19B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$19.54M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$13.38M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.24M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.99M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$621.06M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.21B	USD	Point-in-time
Total liabilities	`Liabilities`	$771.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.35B	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; 115,671,820 and 126,473,827 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$126.00K	USD	Point-in-time
Common stock, $0.001 par value per share: 400,000,000 shares authorized; 115,671,820 and 126,473,827 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$116.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.15B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.24B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-56.43M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-57.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-62.04M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-70.55M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$818.79M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.11B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.12B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.04B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.80B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.47B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$164.74M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$157.85M	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$561.70M	USD	3 Qtrs
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$528.31M	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$45.20M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$180.14M	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$83.58M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$145.97M	USD	3 Qtrs
Gross profit	`GrossProfit`	$415.73M	USD	3 Qtrs
Gross profit	`GrossProfit`	$348.17M	USD	3 Qtrs
Gross profit	`GrossProfit`	$74.28M	USD	1 Quarter
Gross profit	`GrossProfit`	$119.54M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$145.98M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$45.43M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$46.20M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$150.32M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$109.58M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$96.84M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$28.87M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$31.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$154.55M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$53.74M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$57.08M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$186.36M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$429.18M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$414.45M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$130.97M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$132.15M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-11.44M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-81.01M	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$1.28M	USD	3 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$-57.87M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.52M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-733.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-3.12M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-4.74M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$40.49M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$97.26M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$116.67M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$105.25M	USD	3 Qtrs
Total interest expense, net and other income, net	`NonoperatingIncomeExpense`	$95.73M	USD	1 Quarter
Total interest expense, net and other income, net	`NonoperatingIncomeExpense`	$113.56M	USD	3 Qtrs
Total interest expense, net and other income, net	`NonoperatingIncomeExpense`	$39.76M	USD	1 Quarter
Total interest expense, net and other income, net	`NonoperatingIncomeExpense`	$100.51M	USD	3 Qtrs
(Loss) income before (provision for) benefit from income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-18.11M	USD	1 Quarter
(Loss) income before (provision for) benefit from income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$101.79M	USD	3 Qtrs
(Loss) income before (provision for) benefit from income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$84.30M	USD	1 Quarter
(Loss) income before (provision for) benefit from income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$32.54M	USD	3 Qtrs
(Provision for) benefit from income taxes	`IncomeTaxExpenseBenefit`	$-162.99M	USD	3 Qtrs
(Provision for) benefit from income taxes	`IncomeTaxExpenseBenefit`	$-167.26M	USD	1 Quarter
(Provision for) benefit from income taxes	`IncomeTaxExpenseBenefit`	$172.00K	USD	1 Quarter
(Provision for) benefit from income taxes	`IncomeTaxExpenseBenefit`	$24.03M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$-18.28M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$264.78M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$8.52M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$251.56M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.99	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.07	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.16	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.31	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.16	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.24	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.23	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	128.17M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	115.41M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	126.13M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	119.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	151.22M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.41M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.88M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	148.04M	shares	1 Quarter

Cash Flow Statement 117 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$-18.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$264.78M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$8.52M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$251.56M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$98.34M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$101.60M	USD	3 Qtrs
Other depreciation and amortization expense	`OtherDepreciationAndAmortization`	$64.30M	USD	3 Qtrs
Other depreciation and amortization expense	`OtherDepreciationAndAmortization`	$108.94M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$20.93M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.38M	USD	3 Qtrs
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$93.52M	USD	1 Quarter
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$85.93M	USD	3 Qtrs
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$93.52M	USD	3 Qtrs
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$32.15M	USD	1 Quarter
Loss contingency	`LossContingencyAccrualProvision`	-	USD	3 Qtrs
Loss contingency	`LossContingencyAccrualProvision`	$7.00M	USD	3 Qtrs
Operating lease expense, net	`OperatingLeaseCost`	$4.75M	USD	3 Qtrs
Operating lease expense, net	`OperatingLeaseCost`	$4.54M	USD	3 Qtrs
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$3.60M	USD	3 Qtrs
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	3 Qtrs
Loss from write-off of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.58M	USD	3 Qtrs
Loss from write-off of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.12M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$4.08M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.61M	USD	3 Qtrs
Gain on foreign currency remeasurement of purchase consideration	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	1 Quarter
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	3 Qtrs
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
Print textbook depreciation expense	`DepreciationTextbookLibrary`	$1.61M	USD	3 Qtrs
Print textbook depreciation expense	`DepreciationTextbookLibrary`	-	USD	3 Qtrs
Impairment on lease related assets	`ImpairmentOfOperatingLeaseRightOfUseAssetsAndLeaseholdImprovements`	-	USD	3 Qtrs
Impairment on lease related assets	`ImpairmentOfOperatingLeaseRightOfUseAssetsAndLeaseholdImprovements`	$3.41M	USD	3 Qtrs
Gain on textbook library, net	`TextbookLibraryGainLossNet`	$4.98M	USD	3 Qtrs
Gain on textbook library, net	`TextbookLibraryGainLossNet`	-	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$389.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-619.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.26M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.91M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$-13.25M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$-558.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-8.67M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-15.93M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.73M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.82M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$11.43M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.54M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-6.15M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-23.32M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-5.24M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-9.81M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$168.71M	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`	$57.30M	USD	3 Qtrs
Purchases of textbooks	`PaymentToPurchasesTextbooks`	$3.81M	USD	3 Qtrs
Purchases of textbooks	`PaymentToPurchasesTextbooks`	-	USD	3 Qtrs
Proceeds from disposition of textbooks	`ProceedsFromDispositionOfTextbooks`	$2.50M	USD	3 Qtrs
Proceeds from disposition of textbooks	`ProceedsFromDispositionOfTextbooks`	$9.79M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$534.01M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$585.27M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$783.91M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$561.20M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$238.68M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Purchase of strategic equity investment	`PaymentsToAcquireEquityMethodInvestments`	$11.85M	USD	3 Qtrs
Purchase of strategic equity investment	`PaymentsToAcquireEquityMethodInvestments`	$6.00M	USD	3 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$401.12M	USD	3 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-237.78M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$155.24M	USD	3 Qtrs
Proceeds from common stock issued under stock plans, net	`ProceedsFromIssuanceOfEmployeeStockPurchasePlanAndStockOptions`	$4.56M	USD	3 Qtrs
Proceeds from common stock issued under stock plans, net	`ProceedsFromIssuanceOfEmployeeStockPurchasePlanAndStockOptions`	$3.11M	USD	3 Qtrs
Payment of taxes related to the net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.78M	USD	3 Qtrs
Payment of taxes related to the net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.86M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$186.37M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$323.53M	USD	3 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$505.99M	USD	3 Qtrs
Repayment of convertible senior notes	`RepaymentsOfConvertibleDebt`	$401.20M	USD	3 Qtrs
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	$297.00K	USD	3 Qtrs
Proceeds from exercise of convertible senior notes capped call	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-702.81M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-732.95M	USD	3 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.63M	USD	3 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-379.00K	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-784.38M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-379.23M	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`	$475.85M	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`	$96.62M	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`	$71.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.62M	USD	Point-in-time
Interest	`InterestPaidNet`	$741.00K	USD	3 Qtrs
Interest	`InterestPaidNet`	$875.00K	USD	3 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$8.37M	USD	3 Qtrs
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$5.53M	USD	3 Qtrs
Operating cash flows from operating leases	`OperatingLeasePayments`	$6.91M	USD	3 Qtrs
Operating cash flows from operating leases	`OperatingLeasePayments`	$7.04M	USD	3 Qtrs
Operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$12.41M	USD	3 Qtrs
Operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$7.60M	USD	3 Qtrs
Accrued purchases of long-lived assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$4.10M	USD	3 Qtrs
Accrued purchases of long-lived assets	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$5.88M	USD	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$473.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$94.42M	USD	Point-in-time
Restricted cash included in other current assets	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$60.00K	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`	$2.14M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$2.10M	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`	$71.51M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.62M	USD	Point-in-time

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	115.67M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	126.47M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$818.79M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.12B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.04B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.03B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.05B	USD	Point-in-time
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$23.08M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$323.53M	USD	3 Qtrs
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$186.37M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionsExercised`	$3.10M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionsExercised`	$26.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options and ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlanAndStockOptionsExercised`	$4.56M	USD	3 Qtrs
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-2.79M	USD	1 Quarter
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-2.56M	USD	1 Quarter
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-13.85M	USD	3 Qtrs
Net share settlement of equity awards	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-12.78M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.64M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$104.00M	USD	3 Qtrs
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$34.81M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$103.12M	USD	3 Qtrs
Proceeds from capped call related to extinguishment of 2025 notes	`AdjustmentsToAdditionalPaidInCapitalProceedsFromCappedCall`	$297.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.06M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-96.54M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-13.25M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-18.28M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$264.78M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$8.52M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$251.56M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	115.67M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	126.47M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$818.79M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.11B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.12B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.04B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.03B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.05B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-18.28M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$264.78M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$8.52M	USD	3 Qtrs
Net (loss) income	`NetIncomeLoss`	$251.56M	USD	1 Quarter
Change in net unrealized loss on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-930.00K	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`	$-1.95M	USD	1 Quarter
Change in net unrealized loss on investments, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-322.00K	USD	1 Quarter
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`	$1.99M	USD	3 Qtrs
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.93M	USD	1 Quarter
Change in foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-31.06M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.06M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-13.25M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-96.54M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-33.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-31.53M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$9.58M	USD	3 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$218.56M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$168.24M	USD	3 Qtrs

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