10-Q Filing

RAPID7, INC. CIK: 1560327 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001560327-21-000169`
Period End Date	20210930
Filing Date	20211104
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	rp-20210930_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`	$3.25M	USD	Point-in-time
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$2.19M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$227.10M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$173.62M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$239.41M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$77.14M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	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 $2,187 and $3,251 at September 30, 2021 and December 31, 2020, respectively	`AccountsReceivableNet`	$96.78M	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 $2,187 and $3,251 at September 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
Deferred contract acquisition and fulfillment costs, current portion	`DeferredCostsCurrent`	$21.54M	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`	$25.86M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.08M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	56.93M	shares	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
Total current assets	`AssetsCurrent`	$453.97M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	52.23M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$473.44M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	56.44M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	486,808.00	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$5.36M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	486,808.00	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$10.12M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$49.03M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$53.11M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$62.10M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$67.18M	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`	$48.55M	USD	Point-in-time
Goodwill	`Goodwill`	$213.60M	USD	Point-in-time
Goodwill	`Goodwill`	$515.30M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$44.30M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$115.75M	USD	Point-in-time
Other assets	`OtherAssets`	$10.82M	USD	Point-in-time
Other assets	`OtherAssets`	$8.27M	USD	Point-in-time
Total assets	`Assets`	$913.12M	USD	Point-in-time
Total assets	`Assets`	$1.26B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.86M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.51M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$57.98M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$61.68M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$9.39M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$9.61M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$316.05M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$278.58M	USD	Point-in-time
Convertible senior notes, current portion, net	`ConvertibleDebtCurrent`	$44.80M	USD	Point-in-time
Convertible senior notes, current portion, net	`ConvertibleDebtCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$809.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$436.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$353.73M	USD	Point-in-time
Convertible senior notes, non-current portion, net	`ConvertibleDebtNoncurrent`	$811.07M	USD	Point-in-time
Convertible senior notes, non-current portion, net	`ConvertibleDebtNoncurrent`	$378.59M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$69.42M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$75.74M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$27.91M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$31.36M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$20.95M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$841.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.37B	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at September 30, 2021 and December 31, 2020; 0 shares issued at September 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 September 30, 2021 and December 31, 2020; 0 shares issued at September 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 September 30, 2021 and December 31, 2020; 56,928,272 and 52,712,084 shares issued at September 30, 2021 and December 31, 2020, respectively; 56,441,464 and 52,225,276 shares outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$522.00K	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at September 30, 2021 and December 31, 2020; 56,928,272 and 52,712,084 shares issued at September 30, 2021 and December 31, 2020, respectively; 56,441,464 and 52,225,276 shares outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$564.00K	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at September 30, 2021 and December 31, 2020	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at September 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`	$591.53M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$454.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-929.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-691.40M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-617.28M	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`	$-95.39M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$85.35M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$83.17M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-105.00M	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$1.26B	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$913.12M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$105.08M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$383.77M	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$298.33M	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$139.89M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$87.82M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$119.07M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$31.03M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$43.47M	USD	1 Quarter
Total gross profit	`GrossProfit`	$264.70M	USD	3 Qtrs
Total gross profit	`GrossProfit`	$96.42M	USD	1 Quarter
Total gross profit	`GrossProfit`	$210.50M	USD	3 Qtrs
Total gross profit	`GrossProfit`	$74.05M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$78.83M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$112.27M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$28.51M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$43.88M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$174.26M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$141.55M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$63.04M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$48.45M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$57.53M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$43.59M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$23.82M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.01M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$263.97M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$91.96M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$344.06M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$130.74M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-17.92M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-34.31M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-53.47M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-79.36M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$302.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$87.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.34M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$84.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.96M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.71M	USD	3 Qtrs
Interest expense	`InterestExpense`	$7.33M	USD	1 Quarter
Interest expense	`InterestExpense`	$11.41M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-94.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-299.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$143.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.22M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-68.93M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-37.49M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-25.01M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-91.69M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.00M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$527.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.02M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$208.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-37.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-69.93M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-25.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-101.71M	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.67	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.86	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.38	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.50	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.86	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.67	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.50	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.38	USD	3 Qtrs
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.29M	shares	1 Quarter
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.98M	shares	1 Quarter
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.71M	shares	3 Qtrs
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.74M	shares	3 Qtrs
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.98M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.71M	shares	3 Qtrs
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.29M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.74M	shares	3 Qtrs

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-37.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-69.93M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-25.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-101.71M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.35M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.51M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$12.21M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.89M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$46.92M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$73.87M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$411.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	-	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$3.92M	USD	3 Qtrs
Induced conversion expense	`InducedConversionOfConvertibleDebtExpense`	-	USD	3 Qtrs
Induced conversion expense	`InducedConversionOfConvertibleDebtExpense`	$2.74M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.66M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.98M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-23.52M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-13.23M	USD	3 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$5.28M	USD	3 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$9.77M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.09M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.35M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.92M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.08M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-4.55M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-3.08M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-10.46M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$24.39M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-915.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.59M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.30M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$49.23M	USD	3 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$358.42M	USD	3 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$125.83M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.83M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.12M	USD	3 Qtrs
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$4.41M	USD	3 Qtrs
Capitalization of internal-use software costs	`PaymentsToDevelopSoftware`	$7.16M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$108.71M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$59.31M	USD	3 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$155.60M	USD	3 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$124.84M	USD	3 Qtrs
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$3.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-90.47M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-307.89M	USD	3 Qtrs
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $14,976 and $7,201 for the nine months ended September 30, 2021 and 2020, respectively	`ProceedsFromConvertibleDebt`	$222.80M	USD	3 Qtrs
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $14,976 and $7,201 for the nine months ended September 30, 2021 and 2020, respectively	`ProceedsFromConvertibleDebt`	$585.02M	USD	3 Qtrs
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedtoIssuersEquity`	$27.25M	USD	3 Qtrs
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedtoIssuersEquity`	$76.02M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$411.00K	USD	3 Qtrs
Payments for repurchase and conversion of convertible senior notes	`RepaymentsOfConvertibleDebt`	$184.65M	USD	3 Qtrs
Payments for repurchase and conversion of convertible senior notes	`RepaymentsOfConvertibleDebt`	-	USD	3 Qtrs
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	$12.12M	USD	3 Qtrs
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	$150.00K	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.37M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.98M	USD	3 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$9.28M	USD	3 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$7.08M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$3.28M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$6.22M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$313.42M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$202.30M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-849.00K	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$160.00K	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$53.91M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$116.30M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.71M	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`	$227.53M	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`	$239.71M	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`	$227.53M	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`	$2.88M	USD	3 Qtrs
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$4.76M	USD	3 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$333.00K	USD	3 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$824.00K	USD	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$227.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$173.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$239.41M	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$426.00K	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$300.00K	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$239.71M	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`	$227.53M	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`	$71.54M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$90.69M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-95.39M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$85.35M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$83.17M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-105.00M	USD	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.93M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$45.45M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.62M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$72.70M	USD	3 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$9.28M	USD	3 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$7.08M	USD	3 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.81M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.74M	USD	1 Quarter
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	3 Qtrs
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	3 Qtrs
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits`	-	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.70M	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.98M	USD	3 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.53M	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.37M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$6.23M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$2.50M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$3.37M	USD	3 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$847.00K	USD	1 Quarter
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$27.25M	USD	3 Qtrs
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$76.02M	USD	3 Qtrs
Issuance of common stock in connection with repurchase and conversion of convertible senior notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-2.70M	USD	3 Qtrs
Issuance of common stock in connection with inducement of convertible senior notes	`StockIssuedDuringPeriodValueInducementOfConvertibleSecurities`	$2.74M	USD	3 Qtrs
Issuance of common stock related to acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	3 Qtrs
Issuance of common stock related to acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-236.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-108.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-792.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.38M	USD	3 Qtrs
Equity component of convertible senior notes, net	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$46.83M	USD	3 Qtrs
Equity component of convertible senior notes, net	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$-3.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-37.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-69.93M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-25.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-101.71M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$71.54M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$90.69M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-95.39M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$85.35M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$83.17M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-105.00M	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-37.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-69.93M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-25.54M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-101.71M	USD	3 Qtrs
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-20.00K	USD	1 Quarter
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-22.00K	USD	3 Qtrs
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-10.00K	USD	1 Quarter
Change in fair value of investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-127.00K	USD	3 Qtrs
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`	-	USD	3 Qtrs
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	3 Qtrs
Total change in unrealized (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-10.00K	USD	1 Quarter
Total change in unrealized (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-22.00K	USD	3 Qtrs
Total change in unrealized (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-20.00K	USD	1 Quarter
Total change in unrealized (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-148.00K	USD	3 Qtrs
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-774.00K	USD	1 Quarter
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	3 Qtrs
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-88.00K	USD	1 Quarter
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-975.00K	USD	3 Qtrs
Adjustments for net gains realized and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$8.00K	USD	1 Quarter
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`	-	USD	3 Qtrs
Adjustments for net gains realized and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$386.00K	USD	3 Qtrs
Total change in unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.36M	USD	3 Qtrs
Total change in unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-88.00K	USD	1 Quarter
Total change in unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-88.00K	USD	3 Qtrs
Total change in unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-782.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-236.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-792.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-108.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.38M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-38.49M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-70.17M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-103.09M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-25.65M	USD	1 Quarter

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