10-Q Filing

RAPID7, INC. CIK: 1560327 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001560327-21-000133`
Period End Date	20210630
Filing Date	20210805
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	rp-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 72 Cash Flow Statement 91 Stockholders Equity 48 Comprehensive Income 36

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$2.55M	USD	Point-in-time
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$3.25M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$493.57M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$279.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$173.62M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$114.28M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$138.84M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,549 and $3,251 at June 30, 2021 and December 31, 2020, respectively	`AccountsReceivableNet`	$111.60M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $2,549 and $3,251 at June 30, 2021 and December 31, 2020, respectively	`AccountsReceivableNet`	$98.48M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Deferred contract acquisition and fulfillment costs, current portion	`DeferredCostsCurrent`	$23.96M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Deferred contract acquisition and fulfillment costs, current portion	`DeferredCostsCurrent`	$21.54M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.55M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.84M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	52.71M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	56.24M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$473.44M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	52.23M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$757.85M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	55.75M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$10.12M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$5.38M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	486,808.00	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	486,808.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$49.43M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$53.11M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$67.18M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$63.47M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$43.10M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$46.13M	USD	Point-in-time
Goodwill	`Goodwill`	$213.60M	USD	Point-in-time
Goodwill	`Goodwill`	$254.42M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$44.30M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$54.18M	USD	Point-in-time
Other assets	`OtherAssets`	$8.27M	USD	Point-in-time
Other assets	`OtherAssets`	$9.45M	USD	Point-in-time
Total assets	`Assets`	$913.12M	USD	Point-in-time
Total assets	`Assets`	$1.24B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.86M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$55.63M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$61.68M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$9.29M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$9.61M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$278.58M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$302.19M	USD	Point-in-time
Convertible senior notes, current portion, net	`ConvertibleDebtCurrent`	$44.73M	USD	Point-in-time
Convertible senior notes, current portion, net	`ConvertibleDebtCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$303.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$353.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$414.20M	USD	Point-in-time
Convertible senior notes, non-current portion, net	`ConvertibleDebtNoncurrent`	$378.59M	USD	Point-in-time
Convertible senior notes, non-current portion, net	`ConvertibleDebtNoncurrent`	$810.09M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$75.74M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$71.69M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$31.36M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$30.12M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.16M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$841.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.34B	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at June 30, 2021 and December 31, 2020; 0 shares issued at June 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at June 30, 2021 and December 31, 2020; 0 shares issued at June 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2021 and December 31, 2020; 56,235,219 and 52,712,084 shares issued at June 30, 2021 and December 31, 2020, respectively; 55,748,411 and 52,225,276 shares outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$557.00K	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2021 and December 31, 2020; 56,235,219 and 52,712,084 shares issued at June 30, 2021 and December 31, 2020, respectively; 55,748,411 and 52,225,276 shares outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$522.00K	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at June 30, 2021 and December 31, 2020	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at June 30, 2021 and December 31, 2020	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$692.60M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$562.65M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-137.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$454.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-617.28M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-653.70M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$76.30M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$71.54M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$90.69M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$83.17M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-81.22M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-95.39M	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$913.12M	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$1.24B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$243.87M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$126.42M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$98.91M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$193.25M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$75.60M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$39.31M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$29.08M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$56.80M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$168.28M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$136.46M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$69.83M	USD	1 Quarter
Total gross profit	`GrossProfit`	$87.11M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$26.12M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$35.30M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$50.32M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$68.39M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$93.10M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$56.25M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$111.22M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$44.96M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$17.49M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$33.71M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.48M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.58M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$109.04M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$172.01M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$213.32M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$85.56M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-45.04M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-15.73M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-21.93M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-35.55M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$122.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$208.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.26M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$218.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.45M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.92M	USD	1 Quarter
Interest expense	`InterestExpense`	$9.38M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.06M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$148.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$210.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-237.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-919.00K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-21.23M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-43.91M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-24.71M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-54.20M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$478.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.81M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$235.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.45M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.39M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-21.47M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-64.01M	USD	2 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.62	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.42	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.18	USD	2 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.88	USD	2 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.88	USD	2 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.42	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.62	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.18	USD	2 Qtrs
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.41M	shares	2 Qtrs
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.39M	shares	1 Quarter
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.70M	shares	1 Quarter
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.17M	shares	2 Qtrs
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.70M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.17M	shares	2 Qtrs
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.41M	shares	2 Qtrs
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.39M	shares	1 Quarter

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-34.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.39M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-21.47M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-64.01M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.77M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.42M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.79M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$7.01M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$44.68M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$248.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$29.79M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$3.92M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	-	USD	2 Qtrs
Induced conversion expense	`InducedConversionOfConvertibleDebtExpense`	-	USD	2 Qtrs
Induced conversion expense	`InducedConversionOfConvertibleDebtExpense`	$2.74M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.45M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.06M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.84M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.82M	USD	2 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$2.99M	USD	2 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$5.45M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-394.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.77M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$137.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.33M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.59M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.44M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-12.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$22.22M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$4.39M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-980.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.78M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.77M	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$52.42M	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$125.77M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.96M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.67M	USD	2 Qtrs
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$4.21M	USD	2 Qtrs
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$2.95M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$49.26M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$59.31M	USD	2 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$146.60M	USD	2 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$87.94M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.50M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.33M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-32.17M	USD	2 Qtrs
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $14,560 and $6,500 for the six months ended June 30, 2021 and 2020, respectively	`ProceedsFromConvertibleDebt`	$585.44M	USD	2 Qtrs
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $14,560 and $6,500 for the six months ended June 30, 2021 and 2020, respectively	`ProceedsFromConvertibleDebt`	$223.50M	USD	2 Qtrs
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedtoIssuersEquity`	$76.02M	USD	2 Qtrs
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedtoIssuersEquity`	$27.25M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$248.00K	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payments for repurchase and conversion of convertible senior notes	`RepaymentsOfConvertibleDebt`	$184.65M	USD	2 Qtrs
Payments for repurchase and conversion of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	2 Qtrs
Payments related to business acquisition	`PaymentsOfMergerRelatedCostsFinancingActivities`	$2.43M	USD	2 Qtrs
Payments related to business acquisition	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.67M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.45M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$4.47M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$3.35M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.73M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.53M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$199.62M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$322.67M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-301.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-293.00K	USD	2 Qtrs
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$319.99M	USD	2 Qtrs
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$157.21M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$280.63M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$493.61M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$123.41M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$280.63M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$493.61M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$123.41M	USD	Point-in-time
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$4.03M	USD	2 Qtrs
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$1.44M	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$135.00K	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$632.00K	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$493.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$279.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$173.62M	USD	Point-in-time
Restricted cash included in prepaid expenses and other current assets	`RestrictedCashAndCashEquivalents`	$1.28M	USD	Point-in-time
Restricted cash included in prepaid expenses and other current assets	`RestrictedCashAndCashEquivalents`	$37.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$280.63M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$493.61M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.62M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$123.41M	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$76.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$71.54M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$90.69M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$83.17M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-81.22M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-95.39M	USD	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.49M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$28.83M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.86M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.77M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.47M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.35M	USD	2 Qtrs
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	2 Qtrs
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	2 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.35M	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.45M	USD	2 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.67M	USD	2 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.92M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$2.52M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$1.10M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$3.73M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$2.16M	USD	1 Quarter
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$76.02M	USD	2 Qtrs
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$27.25M	USD	1 Quarter
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$27.25M	USD	2 Qtrs
Issuance of common stock in connection with repurchase and conversion of convertible senior notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-2.70M	USD	2 Qtrs
Issuance of common stock in connection with inducement of convertible senior notes	`StockIssuedDuringPeriodValueInducementOfConvertibleSecurities`	$2.74M	USD	2 Qtrs
Issuance of common stock in connection with inducement of convertible senior notes	`StockIssuedDuringPeriodValueInducementOfConvertibleSecurities`	-	USD	1 Quarter
Issuance of common stock related to acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	2 Qtrs
Issuance of common stock related to acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$163.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-249.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-591.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-128.00K	USD	2 Qtrs
Equity component of convertible senior notes, net	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$46.84M	USD	2 Qtrs
Equity component of convertible senior notes, net	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$46.84M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.39M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-21.47M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-64.01M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$76.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$71.54M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$90.69M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$83.17M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-81.22M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-95.39M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-34.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.39M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-21.47M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-64.01M	USD	2 Qtrs
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-107.00K	USD	2 Qtrs
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-12.00K	USD	2 Qtrs
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-3.00K	USD	1 Quarter
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$128.00K	USD	1 Quarter
Adjustments for net losses (gains) realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	2 Qtrs
Adjustments for net losses (gains) realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-35.00K	USD	1 Quarter
Adjustments for net losses (gains) realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Adjustments for net losses (gains) realized and included in net loss	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$21.00K	USD	2 Qtrs
Total change in unrealized (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-12.00K	USD	2 Qtrs
Total change in unrealized (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$163.00K	USD	1 Quarter
Total change in unrealized (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-3.00K	USD	1 Quarter
Total change in unrealized (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-128.00K	USD	2 Qtrs
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-201.00K	USD	2 Qtrs
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-72.00K	USD	1 Quarter
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	2 Qtrs
Adjustments for net gains realized and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	1 Quarter
Adjustments for net gains realized and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$378.00K	USD	2 Qtrs
Adjustments for net gains realized and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	2 Qtrs
Adjustments for net gains realized and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$174.00K	USD	1 Quarter
Total change in unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	2 Qtrs
Total change in unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-579.00K	USD	2 Qtrs
Total change in unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-246.00K	USD	1 Quarter
Total change in unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-591.00K	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-128.00K	USD	2 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$163.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-249.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-44.52M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-21.30M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-34.41M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-64.60M	USD	2 Qtrs

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