10-Q Filing

VEEVA SYSTEMS INC CIK: 1393052 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001393052-23-000034`
Period End Date	20230430
Filing Date	20230602
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	veev-20230430_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 40 Cash Flow Statement 81 Stockholders Equity 19

Balance Sheet 67 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$542.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$469.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$886.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.09B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.24B	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$2.22B	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$2.52B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $542 and $469, respectively	`AccountsReceivableNetCurrent`	$412.94M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $542 and $469, respectively	`AccountsReceivableNetCurrent`	$703.05M	USD	Point-in-time
Unbilled accounts receivable	`UnbilledReceivablesCurrent`	$38.07M	USD	Point-in-time
Unbilled accounts receivable	`UnbilledReceivablesCurrent`	$82.17M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$122.22M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$81.46M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.97B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.19B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$50.06M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$49.82M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$31.82M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$23.17M	USD	Point-in-time
Lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$52.18M	USD	Point-in-time
Lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$55.34M	USD	Point-in-time
Goodwill	`Goodwill`	$439.88M	USD	Point-in-time
Goodwill	`Goodwill`	$439.88M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$77.73M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$82.48M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$156.38M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$136.70M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$38.95M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$35.85M	USD	Point-in-time
Total assets	`Assets`	$4.80B	USD	Point-in-time
Total assets	`Assets`	$5.02B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$41.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$44.40M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$44.36M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$44.28M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$32.27M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$35.31M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$4.95M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$4.62M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$869.28M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$869.92M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$10.73M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$11.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.01B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.01B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.49M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.41M	USD	Point-in-time
Lease liabilities, noncurrent	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$47.49M	USD	Point-in-time
Lease liabilities, noncurrent	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$49.67M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$30.08M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$25.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.08B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.09B	USD	Point-in-time
Commitments and contingencies (note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.62B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.53B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.76M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-31.13M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.35B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.21B	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`	$3.72B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.94B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.80B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.02B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$526.33M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$505.10M	USD	1 Quarter
Total stock-based compensation	`AllocatedShareBasedCompensationExpense`	$67.13M	USD	1 Quarter
Total stock-based compensation	`AllocatedShareBasedCompensationExpense`	$90.72M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$166.66M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$139.51M	USD	1 Quarter
Gross profit	`GrossProfit`	$359.66M	USD	1 Quarter
Gross profit	`GrossProfit`	$365.59M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$113.47M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$146.96M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$88.50M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$76.11M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$48.33M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$62.67M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$237.91M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$298.13M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$61.53M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$127.67M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$30.25M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.71M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$91.78M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$130.38M	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$-39.74M	USD	1 Quarter
Income tax (benefit) provision	`IncomeTaxExpenseBenefit`	$30.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$131.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.11M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.82	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.65	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.81	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.62	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	159.85M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	154.51M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	162.52M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	161.93M	shares	1 Quarter
Net change in unrealized loss on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-11.00M	USD	1 Quarter
Net change in unrealized loss on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$5.43M	USD	1 Quarter
Net change in cumulative foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-58.00K	USD	1 Quarter
Net change in cumulative foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.25M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$87.86M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$136.89M	USD	1 Quarter

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$131.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.11M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$7.55M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$7.06M	USD	1 Quarter
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.95M	USD	1 Quarter
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$3.06M	USD	1 Quarter
(Accretion) amortization of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.06M	USD	1 Quarter
(Accretion) amortization of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$3.41M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$67.13M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$90.72M	USD	1 Quarter
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$5.05M	USD	1 Quarter
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$5.99M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-32.43M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-21.51M	USD	1 Quarter
Loss (gain) on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$582.00K	USD	1 Quarter
Loss (gain) on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$-180.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$-25.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$155.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-301.48M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-289.96M	USD	1 Quarter
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$-1.29M	USD	1 Quarter
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$-44.10M	USD	1 Quarter
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$3.08M	USD	1 Quarter
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$-3.61M	USD	1 Quarter
Prepaid expenses and other current and long-term assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$36.30M	USD	1 Quarter
Prepaid expenses and other current and long-term assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.56M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.12M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.96M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.34M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.34M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$43.22M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-329.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-7.47M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.22M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-2.69M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-2.03M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.12M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-3.12M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$505.94M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$481.03M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$572.34M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$612.49M	USD	1 Quarter
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$318.06M	USD	1 Quarter
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$196.19M	USD	1 Quarter
Long-term assets	`PaymentsForSoftware`	$2.96M	USD	1 Quarter
Long-term assets	`PaymentsForSoftware`	$2.33M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-297.39M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-378.49M	USD	1 Quarter
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	$16.29M	USD	1 Quarter
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	$15.23M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$15.00M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.62M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.29M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.39M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.87M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.00K	USD	1 Quarter
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$101.96M	USD	1 Quarter
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$207.17M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$889.65M	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`	$1.24B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$889.65M	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`	$1.24B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$886.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.09B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.24B	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`	$889.65M	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`	$1.24B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.10B	USD	Point-in-time
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$1.03M	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$18.19M	USD	1 Quarter
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$62.09M	USD	1 Quarter
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$4.91M	USD	1 Quarter
Changes in accounts payable and accrued expenses related to property and equipment purchases	`IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid`	$791.00K	USD	1 Quarter
Changes in accounts payable and accrued expenses related to property and equipment purchases	`IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid`	$-438.00K	USD	1 Quarter

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$3.07B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.91B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.72B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.94B	USD	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.79M	shares	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$16.29M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$15.23M	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.91M	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.99M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$67.39M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$91.67M	USD	1 Quarter
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$5.37M	USD	1 Quarter
Change in other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-12.25M	USD	1 Quarter
Net income	`NetIncomeLoss`	$131.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$100.11M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$3.07B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.91B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.72B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.94B	USD	Point-in-time

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