10-Q Filing

VEEVA SYSTEMS INC CIK: 1393052 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001393052-22-000036`
Period End Date	20220731
Filing Date	20220902
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	veev-20220731_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 80 Cash Flow Statement 159 Stockholders Equity 33

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$473.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$510.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.14B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.14B	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$1.24B	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$1.78B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $510 and $473, respectively	`AccountsReceivableNetCurrent`	$631.13M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $510 and $473, respectively	`AccountsReceivableNetCurrent`	$313.22M	USD	Point-in-time
Unbilled accounts receivable	`UnbilledReceivablesCurrent`	$63.27M	USD	Point-in-time
Unbilled accounts receivable	`UnbilledReceivablesCurrent`	$77.78M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$46.04M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.68M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.36B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.11B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$52.41M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$54.49M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$27.88M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$33.11M	USD	Point-in-time
Lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$49.64M	USD	Point-in-time
Lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$58.54M	USD	Point-in-time
Goodwill	`Goodwill`	$439.88M	USD	Point-in-time
Goodwill	`Goodwill`	$439.88M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$101.94M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$92.29M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$62.06M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$5.10M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$25.13M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$27.39M	USD	Point-in-time
Total assets	`Assets`	$4.12B	USD	Point-in-time
Total assets	`Assets`	$3.82B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$30.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.35M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$36.61M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$33.83M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$36.11M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$30.71M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$5.14M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$7.76M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$731.75M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$684.64M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$11.37M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$10.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$799.39M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$840.78M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.22M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.66M	USD	Point-in-time
Lease liabilities, noncurrent	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$43.61M	USD	Point-in-time
Lease liabilities, noncurrent	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$52.11M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$19.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$18.23M	USD	Point-in-time
Total liabilities	`Liabilities`	$904.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$872.65M	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`	$1.20B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.35B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.96M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-27.34M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.73B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.92B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.27B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.24B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.07B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.91B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.44B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.62B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.82B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.12B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$889.17M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$455.59M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.04B	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$534.22M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$291.18M	USD	2 Qtrs
Total stock-based compensation	`AllocatedShareBasedCompensationExpense`	$163.18M	USD	2 Qtrs
Total stock-based compensation	`AllocatedShareBasedCompensationExpense`	$96.04M	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`	$62.38M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$151.67M	USD	1 Quarter
Gross profit	`GrossProfit`	$333.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$650.93M	USD	2 Qtrs
Gross profit	`GrossProfit`	$382.55M	USD	1 Quarter
Gross profit	`GrossProfit`	$748.14M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$178.12M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$134.01M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$247.48M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$94.90M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$89.62M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$165.73M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$136.40M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$71.79M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$57.83M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$83.34M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$106.16M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$42.19M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$519.37M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$281.46M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$397.86M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$208.87M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$101.09M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$124.62M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$253.07M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$228.76M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.67M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.23M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$11.11M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$8.40M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$109.49M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$259.30M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$126.29M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$239.87M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$18.89M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$34.88M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$49.16M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$17.43M	USD	1 Quarter
Net income	`NetIncomeLoss`	$108.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$224.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$190.72M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$90.60M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.71	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.47	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.23	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.38	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.17	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.67	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	154.95M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	154.74M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	153.09M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	152.77M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	162.64M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	162.50M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	162.76M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	162.13M	shares	1 Quarter
Net change in unrealized loss on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.30M	USD	2 Qtrs
Net change in unrealized loss on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-13.22M	USD	2 Qtrs
Net change in unrealized loss on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-217.00K	USD	1 Quarter
Net change in unrealized loss on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.22M	USD	1 Quarter
Net change in cumulative foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.38M	USD	2 Qtrs
Net change in cumulative foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-900.00K	USD	1 Quarter
Net change in cumulative foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.15M	USD	2 Qtrs
Net change in cumulative foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-165.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$175.34M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$220.74M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$108.48M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$87.48M	USD	1 Quarter

Cash Flow Statement 159 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$108.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$224.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$190.72M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$90.60M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$13.51M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$14.29M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$6.88M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$7.23M	USD	1 Quarter
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$3.02M	USD	1 Quarter
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$5.70M	USD	2 Qtrs
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$5.97M	USD	2 Qtrs
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.87M	USD	1 Quarter
(Accretion) amortization of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.74M	USD	1 Quarter
(Accretion) amortization of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$507.00K	USD	1 Quarter
(Accretion) amortization of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-549.00K	USD	2 Qtrs
(Accretion) amortization of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.29M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$62.38M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$163.18M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$96.04M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$110.87M	USD	2 Qtrs
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$5.74M	USD	1 Quarter
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$12.83M	USD	2 Qtrs
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$6.47M	USD	1 Quarter
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$11.73M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-20.88M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-53.31M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.95M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$12.20M	USD	2 Qtrs
Loss on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.77M	USD	1 Quarter
Loss on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$-433.00K	USD	2 Qtrs
Loss on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.19M	USD	2 Qtrs
Loss on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.00K	USD	1 Quarter
Bad debt (recovery) expense	`ProvisionForDoubtfulAccounts`	$137.00K	USD	2 Qtrs
Bad debt (recovery) expense	`ProvisionForDoubtfulAccounts`	$121.00K	USD	2 Qtrs
Bad debt (recovery) expense	`ProvisionForDoubtfulAccounts`	$146.00K	USD	1 Quarter
Bad debt (recovery) expense	`ProvisionForDoubtfulAccounts`	$-22.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-317.79M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-16.31M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-280.32M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$21.41M	USD	1 Quarter
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$15.81M	USD	1 Quarter
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$3.89M	USD	2 Qtrs
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$-267.00K	USD	1 Quarter
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$14.51M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$8.09M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$6.50M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$3.80M	USD	1 Quarter
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$3.42M	USD	1 Quarter
Prepaid expenses and other current and long-term assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$11.08M	USD	2 Qtrs
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`	$3.51M	USD	1 Quarter
Prepaid expenses and other current and long-term assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.87M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.66M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.54M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.76M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.03M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-475.00K	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.22M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.81M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.18M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-45.84M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.73M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-17.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.62M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-49.78M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-40.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-57.96M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-47.47M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-5.11M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-2.91M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-3.08M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-5.66M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.64M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$903.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$517.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$3.07M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$574.41M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$93.39M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$597.45M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$119.06M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$433.07M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$422.68M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.01B	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$679.62M	USD	2 Qtrs
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$408.97M	USD	2 Qtrs
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$187.32M	USD	1 Quarter
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$250.53M	USD	1 Quarter
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$446.72M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.13M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.13M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Long-term assets	`PaymentsForSoftware`	$4.00M	USD	2 Qtrs
Long-term assets	`PaymentsForSoftware`	$7.98M	USD	2 Qtrs
Long-term assets	`PaymentsForSoftware`	$1.66M	USD	1 Quarter
Long-term assets	`PaymentsForSoftware`	$5.33M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-280.76M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-562.69M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-242.81M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-184.21M	USD	1 Quarter
Changes in lease liabilities - finance leases	`FinanceLeaseProceedsPaymentsNet`	$-384.00K	USD	2 Qtrs
Changes in lease liabilities - finance leases	`FinanceLeaseProceedsPaymentsNet`	$-98.00K	USD	1 Quarter
Changes in lease liabilities - finance leases	`FinanceLeaseProceedsPaymentsNet`	-	USD	1 Quarter
Changes in lease liabilities - finance leases	`FinanceLeaseProceedsPaymentsNet`	-	USD	2 Qtrs
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	$25.54M	USD	2 Qtrs
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`	$9.25M	USD	1 Quarter
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`	$32.13M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$15.10M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$17.13M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.88M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.59M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.46M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.66M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.92M	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`	$-1.05M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-180.00K	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`	$-99.75M	USD	1 Quarter
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`	$2.21M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.14B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.14B	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`	$1.19B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.24B	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`	$1.14B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.14B	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`	$1.19B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.24B	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`	$1.14B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.14B	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`	$3.19M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.14B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.14B	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`	$1.19B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.24B	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`	$20.50M	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$89.58M	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$107.77M	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$15.37M	USD	1 Quarter
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$5.09M	USD	2 Qtrs
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$2.09M	USD	1 Quarter
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$17.61M	USD	1 Quarter
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$35.06M	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`	$-2.83M	USD	2 Qtrs
Changes in accounts payable and accrued expenses related to property and equipment purchases	`IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid`	$-441.00K	USD	2 Qtrs
Changes in accounts payable and accrued expenses related to property and equipment purchases	`IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid`	$-3.00K	USD	1 Quarter

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$2.27B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.24B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.07B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.91B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.44B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.62B	USD	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	745,357.00	shares	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.25M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$25.54M	USD	2 Qtrs
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`	$20.34M	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.39M	USD	2 Qtrs
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$17.76M	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.39M	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$32.67M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$164.09M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$96.69M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$62.68M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$111.48M	USD	2 Qtrs
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.12M	USD	1 Quarter
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-385.00K	USD	1 Quarter
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.68M	USD	2 Qtrs
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-15.38M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$108.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$224.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$190.72M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$90.60M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$2.27B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.24B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.07B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.91B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.44B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.62B	USD	Point-in-time

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