10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001528396-18-000048 |
| Period End Date | 20181031 |
| Filing Date | 20181206 |
| Fiscal Year | 2019 |
| Fiscal Period | Q1 |
| XBRL Instance | gwre-20181031.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$1.06M | USD | Point-in-time |
| Allowance for accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$1.30M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$437.14M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$255.40M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$391.32M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$263.18M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$630.01M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$693.26M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$84.93M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$124.85M | USD | Point-in-time |
| Unbilled accounts receivable, net |
ContractWithCustomerAssetNetCurrent
|
- | USD | Point-in-time |
| Unbilled accounts receivable, net |
ContractWithCustomerAssetNetCurrent
|
$54.42M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$30.51M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$28.02M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.22B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.25B | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$144.36M | USD | Point-in-time |
| Long-term investments |
LongTermInvestments
|
$190.95M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$19.03M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$18.59M | USD | Point-in-time |
| Unbilled accounts receivable, net |
ContractWithCustomerAssetNetNoncurrent
|
- | USD | Point-in-time |
| Unbilled accounts receivable, net |
ContractWithCustomerAssetNetNoncurrent
|
$10.68M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$88.35M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$95.65M | USD | Point-in-time |
| Deferred taxes, net |
DeferredTaxAssetsLiabilitiesNet
|
$80.81M | USD | Point-in-time |
| Deferred taxes, net |
DeferredTaxAssetsLiabilitiesNet
|
$87.48M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$340.88M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$340.88M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$22.52M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$32.73M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$1.97B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$1.98B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$30.64M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$22.72M | USD | Point-in-time |
| Accrued employee compensation |
EmployeeRelatedLiabilitiesCurrent
|
$60.13M | USD | Point-in-time |
| Accrued employee compensation |
EmployeeRelatedLiabilitiesCurrent
|
$30.54M | USD | Point-in-time |
| Deferred revenue, net |
ContractWithCustomerLiabilityCurrent
|
$114.14M | USD | Point-in-time |
| Deferred revenue, net |
ContractWithCustomerLiabilityCurrent
|
$84.79M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$11.07M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$20.28M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$225.19M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$149.12M | USD | Point-in-time |
| Convertible senior notes, net |
SeniorNotes
|
$308.11M | USD | Point-in-time |
| Convertible senior notes, net |
SeniorNotes
|
$305.13M | USD | Point-in-time |
| Deferred revenue, net |
ContractWithCustomerLiabilityNoncurrent
|
$22.64M | USD | Point-in-time |
| Deferred revenue, net |
ContractWithCustomerLiabilityNoncurrent
|
$23.76M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$774.00K | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.20M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$554.85M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$481.07M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$8.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$8.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.30B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.32B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-7.75M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-8.71M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$133.50M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$174.55M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$1.42B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$1.49B | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY |
LiabilitiesAndStockholdersEquity
|
$1.98B | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY |
LiabilitiesAndStockholdersEquity
|
$1.97B | USD | Point-in-time |
Income Statement
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$179.68M | USD | 1 Quarter |
| Total revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$108.17M | USD | 1 Quarter |
| Total cost of revenue |
CostOfGoodsAndServicesSold
|
$82.46M | USD | 1 Quarter |
| Total cost of revenue |
CostOfGoodsAndServicesSold
|
$62.89M | USD | 1 Quarter |
| License |
LicenseGrossProfit
|
$80.94M | USD | 1 Quarter |
| License |
LicenseGrossProfit
|
$23.38M | USD | 1 Quarter |
| Maintenance |
MaintenanceGrossProfit
|
$15.46M | USD | 1 Quarter |
| Maintenance |
MaintenanceGrossProfit
|
$17.14M | USD | 1 Quarter |
| Services |
ServicesGrossProfit
|
$6.44M | USD | 1 Quarter |
| Services |
ServicesGrossProfit
|
$-850.00K | USD | 1 Quarter |
| Total gross profit |
GrossProfit
|
$45.28M | USD | 1 Quarter |
| Total gross profit |
GrossProfit
|
$97.22M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$35.71M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$45.50M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$23.61M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$32.32M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$18.34M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$18.67M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$96.16M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$77.99M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$-32.72M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$1.06M | USD | 1 Quarter |
| Interest income, net |
InterestIncomeNonoperatingNet
|
$1.91M | USD | 1 Quarter |
| Interest income, net |
InterestIncomeNonoperatingNet
|
$6.85M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.24M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.00K | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-262.00K | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-1.49M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-31.07M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.18M | USD | 1 Quarter |
| Provision for (benefit from) income taxes |
IncomeTaxExpenseBenefit
|
$-3.31M | USD | 1 Quarter |
| Provision for (benefit from) income taxes |
IncomeTaxExpenseBenefit
|
$-22.16M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-8.91M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$5.49M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.07 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.12 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.07 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-0.12 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
75.19M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
80.82M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
75.19M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
82.21M | shares | 1 Quarter |
Cash Flow Statement
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-8.91M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$5.49M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$9.65M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$6.63M | USD | 1 Quarter |
| Amortization of debt discount and issuance costs |
AmortizationOfFinancingCostsAndDiscounts
|
- | USD | 1 Quarter |
| Amortization of debt discount and issuance costs |
AmortizationOfFinancingCostsAndDiscounts
|
$2.99M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$23.33M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$19.62M | USD | 1 Quarter |
| Charges to bad debt and revenue reserves |
ProvisionForDoubtfulAccounts
|
- | USD | 1 Quarter |
| Charges to bad debt and revenue reserves |
ProvisionForDoubtfulAccounts
|
$238.00K | USD | 1 Quarter |
| Deferred tax assets |
DeferredIncomeTaxesAndTaxCredits
|
$-23.71M | USD | 1 Quarter |
| Deferred tax assets |
DeferredIncomeTaxesAndTaxCredits
|
$-3.98M | USD | 1 Quarter |
| Amortization of premium on available-for-sale securities |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$1.79M | USD | 1 Quarter |
| Amortization of premium on available-for-sale securities |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-210.00K | USD | 1 Quarter |
| Other non-cash items affecting net income (loss) |
OtherNoncashIncomeExpense
|
- | USD | 1 Quarter |
| Other non-cash items affecting net income (loss) |
OtherNoncashIncomeExpense
|
$-374.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-855.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-28.61M | USD | 1 Quarter |
| Unbilled accounts receivable |
IncreaseDecreaseInUnbilledReceivables
|
- | USD | 1 Quarter |
| Unbilled accounts receivable |
IncreaseDecreaseInUnbilledReceivables
|
$25.66M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$3.58M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-4.75M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$-7.93M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$1.87M | USD | 1 Quarter |
| Accrued employee compensation |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-23.95M | USD | 1 Quarter |
| Accrued employee compensation |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-29.05M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-356.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-1.69M | USD | 1 Quarter |
| Deferred revenues |
IncreaseDecreaseInDeferredRevenue
|
$-32.58M | USD | 1 Quarter |
| Deferred revenues |
IncreaseDecreaseInDeferredRevenue
|
$68.00K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-31.25M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-27.25M | USD | 1 Quarter |
| Purchases of available-for-sale securities |
PaymentsToAcquireAvailableForSaleSecurities
|
$66.84M | USD | 1 Quarter |
| Purchases of available-for-sale securities |
PaymentsToAcquireAvailableForSaleSecurities
|
$253.47M | USD | 1 Quarter |
| Sales of available-for-sale securities |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$93.04M | USD | 1 Quarter |
| Sales of available-for-sale securities |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$238.39M | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.90M | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.94M | USD | 1 Quarter |
| Capitalized software development costs |
PaymentsToDevelopSoftware
|
$517.00K | USD | 1 Quarter |
| Capitalized software development costs |
PaymentsToDevelopSoftware
|
$459.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$23.78M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-18.48M | USD | 1 Quarter |
| Proceeds from issuance of common stock upon exercise of stock options |
ProceedsFromStockOptionsExercised
|
$365.00K | USD | 1 Quarter |
| Proceeds from issuance of common stock upon exercise of stock options |
ProceedsFromStockOptionsExercised
|
$689.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$365.00K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$689.00K | USD | 1 Quarter |
| Effect of foreign exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-776.00K | USD | 1 Quarter |
| Effect of foreign exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-674.00K | USD | 1 Quarter |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-7.78M | USD | 1 Quarter |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-45.82M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTSBeginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$437.14M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTSBeginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$255.40M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTSBeginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$391.32M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTSBeginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$263.18M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTSEnd of period |
CashAndCashEquivalentsAtCarryingValue
|
$437.14M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTSEnd of period |
CashAndCashEquivalentsAtCarryingValue
|
$255.40M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTSEnd of period |
CashAndCashEquivalentsAtCarryingValue
|
$391.32M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTSEnd of period |
CashAndCashEquivalentsAtCarryingValue
|
$263.18M | USD | Point-in-time |
| Cash paid for income taxes |
IncomeTaxesPaidNet
|
$853.00K | USD | 1 Quarter |
| Cash paid for income taxes |
IncomeTaxesPaidNet
|
$1.28M | USD | 1 Quarter |
| Accruals for purchase of property and equipment |
CapitalExpendituresIncurredButNotYetPaid
|
$374.00K | USD | 1 Quarter |
| Accruals for purchase of property and equipment |
CapitalExpendituresIncurredButNotYetPaid
|
$1.59M | USD | 1 Quarter |
| Accruals for capitalized software costs |
CapitalizedSoftwareCostsIncurredButNotYetPaid
|
$22.00K | USD | 1 Quarter |
| Accruals for capitalized software costs |
CapitalizedSoftwareCostsIncurredButNotYetPaid
|
- | USD | 1 Quarter |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-8.91M | USD | 1 Quarter |
| Tax benefit on unrealized gains on available-for-sale securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$-45.00K | USD | 1 Quarter |
| Tax benefit on unrealized gains on available-for-sale securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
$-47.00K | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$5.49M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-696.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-812.00K | USD | 1 Quarter |
| Unrealized gains (losses) on available-for-sale securities, net of tax benefit of $134 and $4 for the three months ended October 31, 2016 and 2015, respectively |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-153.00K | USD | 1 Quarter |
| Unrealized gains (losses) on available-for-sale securities, net of tax benefit of $134 and $4 for the three months ended October 31, 2016 and 2015, respectively |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-90.00K | USD | 1 Quarter |
| Reclassification adjustment for realized losses (gains) included in net loss |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
$-15.00K | USD | 1 Quarter |
| Reclassification adjustment for realized losses (gains) included in net loss |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
- | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-771.00K | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-965.00K | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-9.69M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$4.52M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.