10-Q Filing

VEEVA SYSTEMS INC CIK: 1393052 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001393052-21-000034`
Period End Date	20210731
Filing Date	20210903
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	veev-20210731_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 80 Cash Flow Statement 159 Stockholders Equity 31

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$193.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$335.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$795.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$730.50M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$1.20B	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$933.12M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $335 and $193, respectively	`AccountsReceivableNetCurrent`	$564.39M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $335 and $193, respectively	`AccountsReceivableNetCurrent`	$283.62M	USD	Point-in-time
Unbilled accounts receivable	`UnbilledReceivablesCurrent`	$51.10M	USD	Point-in-time
Unbilled accounts receivable	`UnbilledReceivablesCurrent`	$47.21M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$35.61M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$33.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.63B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.31B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$52.80M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$53.65M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$42.07M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$37.34M	USD	Point-in-time
Lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$56.92M	USD	Point-in-time
Lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$52.88M	USD	Point-in-time
Goodwill	`Goodwill`	$437.26M	USD	Point-in-time
Goodwill	`Goodwill`	$436.03M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$114.59M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$107.25M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$7.59M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$14.10M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$24.46M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$17.88M	USD	Point-in-time
Total assets	`Assets`	$3.05B	USD	Point-in-time
Total assets	`Assets`	$3.35B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.25M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$30.41M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$33.94M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$35.20M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$30.98M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$2.59M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$2.57M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$616.99M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$558.72M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$11.11M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$11.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$662.84M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$715.95M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.83M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$7.51M	USD	Point-in-time
Lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$47.63M	USD	Point-in-time
Lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$51.39M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$10.57M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$13.31M	USD	Point-in-time
Total liabilities	`Liabilities`	$779.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$731.29M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.10B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$965.67M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$992.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.69M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.52B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.30B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.44B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.27B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.96B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.62B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.80B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.05B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.35B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$353.68M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$455.59M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$889.17M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$690.79M	USD	2 Qtrs
Total stock-based compensation	`AllocatedShareBasedCompensationExpense`	$62.38M	USD	1 Quarter
Total stock-based compensation	`AllocatedShareBasedCompensationExpense`	$86.27M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$97.20M	USD	1 Quarter
Total stock-based compensation	`AllocatedShareBasedCompensationExpense`	$110.87M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$122.10M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$238.23M	USD	2 Qtrs
Total stock-based compensation	`AllocatedShareBasedCompensationExpense`	$49.37M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$192.08M	USD	2 Qtrs
Gross profit	`GrossProfit`	$498.70M	USD	2 Qtrs
Gross profit	`GrossProfit`	$256.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$650.93M	USD	2 Qtrs
Gross profit	`GrossProfit`	$333.50M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$178.12M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$132.29M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$94.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$70.05M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$136.40M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$59.17M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$114.93M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$71.79M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$37.17M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$73.84M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$42.19M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$83.34M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$321.06M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$208.87M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$166.40M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$397.86M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$177.65M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$253.07M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$90.08M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$124.62M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.88M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.29M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$6.23M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.67M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$183.94M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$126.29M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$259.30M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$92.96M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$3.82M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$17.43M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-589.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$34.88M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$180.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$224.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$108.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.55M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.47	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.71	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.62	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.20	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.38	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.67	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.12	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.58	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	149.98M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	153.09M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	150.41M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	152.77M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	162.76M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	160.31M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	162.64M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	160.84M	shares	1 Quarter
Net change in unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.13M	USD	1 Quarter
Net change in unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-217.00K	USD	1 Quarter
Net change in unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.30M	USD	2 Qtrs
Net change in unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$2.43M	USD	2 Qtrs
Net change in cumulative foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.38M	USD	2 Qtrs
Net change in cumulative foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.28M	USD	2 Qtrs
Net change in cumulative foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-165.00K	USD	1 Quarter
Net change in cumulative foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.89M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$220.74M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$97.58M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$108.48M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$185.83M	USD	2 Qtrs

Cash Flow Statement 159 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$180.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$224.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$108.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.55M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$15.20M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$7.32M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$6.88M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$13.51M	USD	2 Qtrs
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortization`	$2.87M	USD	1 Quarter
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortization`	$3.09M	USD	1 Quarter
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortization`	$6.09M	USD	2 Qtrs
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortization`	$5.70M	USD	2 Qtrs
Accretion of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-496.00K	USD	1 Quarter
Accretion of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.29M	USD	2 Qtrs
Accretion of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.74M	USD	1 Quarter
Accretion of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-485.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$49.37M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$62.38M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$86.27M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$110.87M	USD	2 Qtrs
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$6.47M	USD	1 Quarter
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$12.83M	USD	2 Qtrs
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$5.32M	USD	1 Quarter
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$10.07M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-504.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$12.20M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.64M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.95M	USD	1 Quarter
Loss (gain) on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$-433.00K	USD	2 Qtrs
Loss (gain) on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$98.00K	USD	1 Quarter
Loss (gain) on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.00K	USD	1 Quarter
Loss (gain) on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$5.00K	USD	2 Qtrs
Bad debt (recovery) expense	`ProvisionForDoubtfulAccounts`	$-22.00K	USD	1 Quarter
Bad debt (recovery) expense	`ProvisionForDoubtfulAccounts`	$121.00K	USD	2 Qtrs
Bad debt (recovery) expense	`ProvisionForDoubtfulAccounts`	$514.00K	USD	1 Quarter
Bad debt (recovery) expense	`ProvisionForDoubtfulAccounts`	$137.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-168.77M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-280.32M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$21.41M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.61M	USD	1 Quarter
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$-267.00K	USD	1 Quarter
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$3.83M	USD	2 Qtrs
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$-619.00K	USD	1 Quarter
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$3.89M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$8.09M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$3.80M	USD	1 Quarter
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$5.79M	USD	1 Quarter
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$9.13M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.14M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.73M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-4.99M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-17.00K	USD	2 Qtrs
Prepaid expenses and other current and long-term assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$11.13M	USD	2 Qtrs
Prepaid expenses and other current and long-term assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.87M	USD	1 Quarter
Prepaid expenses and other current and long-term assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.13M	USD	2 Qtrs
Prepaid expenses and other current and long-term assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$11.68M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.52M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.76M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$914.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.03M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.22M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.18M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.82M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$125.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-49.17M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-57.96M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-49.78M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-47.69M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-5.27M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-5.66M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-2.46M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-2.91M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$3.07M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$903.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$2.24M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$4.76M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$119.06M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$387.49M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$597.45M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$105.32M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$267.75M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$679.62M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$422.68M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$456.57M	USD	2 Qtrs
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$229.22M	USD	1 Quarter
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$408.97M	USD	2 Qtrs
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$369.57M	USD	2 Qtrs
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$187.32M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.13M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.13M	USD	1 Quarter
Long-term assets	`PaymentsForProceedsFromProductiveAssets`	$5.41M	USD	1 Quarter
Long-term assets	`PaymentsForProceedsFromProductiveAssets`	$5.33M	USD	1 Quarter
Long-term assets	`PaymentsForProceedsFromProductiveAssets`	$7.98M	USD	2 Qtrs
Long-term assets	`PaymentsForProceedsFromProductiveAssets`	$5.14M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-280.76M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-242.81M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.93M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-92.14M	USD	2 Qtrs
Changes in lease liabilities - finance leases	`FinanceLeaseProceedsPaymentsNet`	$-251.00K	USD	1 Quarter
Changes in lease liabilities - finance leases	`FinanceLeaseProceedsPaymentsNet`	$-499.00K	USD	2 Qtrs
Changes in lease liabilities - finance leases	`FinanceLeaseProceedsPaymentsNet`	$-384.00K	USD	2 Qtrs
Changes in lease liabilities - finance leases	`FinanceLeaseProceedsPaymentsNet`	$-98.00K	USD	1 Quarter
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	$9.28M	USD	1 Quarter
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	$20.85M	USD	1 Quarter
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	$37.94M	USD	2 Qtrs
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	$19.06M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$15.10M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$15.10M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.66M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.03M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.46M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$18.56M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.94M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-180.00K	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.73M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.28M	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$336.20M	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$73.15M	USD	1 Quarter
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-118.27M	USD	1 Quarter
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$317.19M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$723.84M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$731.71M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$479.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$796.99M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$723.84M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$731.71M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$479.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$796.99M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$795.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$730.50M	USD	Point-in-time
Restricted cash included in other long-term assets	`RestrictedCashAndCashEquivalents`	$3.19M	USD	Point-in-time
Restricted cash included in other long-term assets	`RestrictedCashAndCashEquivalents`	$1.21M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$723.84M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$731.71M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$479.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$796.99M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$15.37M	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$9.09M	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$20.50M	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$14.96M	USD	2 Qtrs
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$22.12M	USD	1 Quarter
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$41.74M	USD	2 Qtrs
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$35.06M	USD	2 Qtrs
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$17.61M	USD	1 Quarter
Changes in accounts payable and accrued expenses related to property and equipment purchases	`IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid`	$-2.83M	USD	2 Qtrs
Changes in accounts payable and accrued expenses related to property and equipment purchases	`IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid`	$104.00K	USD	1 Quarter
Changes in accounts payable and accrued expenses related to property and equipment purchases	`IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid`	$774.00K	USD	2 Qtrs
Changes in accounts payable and accrued expenses related to property and equipment purchases	`IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid`	$184.00K	USD	1 Quarter

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$2.44B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.27B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.96B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.62B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	889,791.00	shares	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$20.34M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$8.75M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$37.94M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$19.03M	USD	2 Qtrs
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.39M	USD	2 Qtrs
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.39M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$62.68M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$86.27M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$111.48M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$49.37M	USD	1 Quarter
Change in other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-385.00K	USD	1 Quarter
Change in other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$4.02M	USD	1 Quarter
Change in other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.71M	USD	2 Qtrs
Change in other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.68M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$180.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$224.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$108.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.55M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$2.44B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.27B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.96B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.62B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.80B	USD	Point-in-time

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