10-Q Filing

RAPID7, INC. CIK: 1560327 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001560327-22-000084`
Period End Date	20220630
Filing Date	20220804
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	rp-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 72 Cash Flow Statement 89 Stockholders Equity 56 Comprehensive Income 28

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$1.98M	USD	Point-in-time
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivable`	$2.27M	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`	$493.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$163.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$164.58M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$76.24M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$58.85M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,266 and $1,978 at June 30, 2022 and December 31, 2021, respectively	`AccountsReceivableNet`	$146.09M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,266 and $1,978 at June 30, 2022 and December 31, 2021, respectively	`AccountsReceivableNet`	$124.70M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	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`	$29.97M	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`	$31.37M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$34.22M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$33.24M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	58.18M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	59.12M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	58.64M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$432.74M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$430.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	57.70M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$34.07M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$14.33M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$50.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$50.53M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$83.75M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$84.94M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$57.19M	USD	Point-in-time
Deferred contract acquisition and fulfillment costs, non-current portion	`DeferredCosts`	$60.88M	USD	Point-in-time
Goodwill	`Goodwill`	$515.63M	USD	Point-in-time
Goodwill	`Goodwill`	$515.26M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$105.78M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$111.59M	USD	Point-in-time
Other assets	`OtherAssets`	$23.45M	USD	Point-in-time
Other assets	`OtherAssets`	$11.19M	USD	Point-in-time
Total assets	`Assets`	$1.29B	USD	Point-in-time
Total assets	`Assets`	$1.30B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.52M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$66.35M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$82.62M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$9.63M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$11.81M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$395.21M	USD	Point-in-time
Deferred revenue, current portion	`ContractWithCustomerLiabilityCurrent`	$372.07M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.47M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$842.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$468.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$483.67M	USD	Point-in-time
Convertible senior notes, non-current portion, net	`ConvertibleDebtNoncurrent`	$813.95M	USD	Point-in-time
Convertible senior notes, non-current portion, net	`ConvertibleDebtNoncurrent`	$812.06M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$90.86M	USD	Point-in-time
Operating lease liabilities, non-current portion	`OperatingLeaseLiabilityNoncurrent`	$89.47M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$33.06M	USD	Point-in-time
Deferred revenue, non-current portion	`ContractWithCustomerLiabilityNoncurrent`	$33.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$17.34M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$13.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.42B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.43B	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at June 30, 2022 and December 31, 2021; 0 shares issued at June 30, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized at June 30, 2022 and December 31, 2021; 0 shares issued at June 30, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2022 and December 31, 2021; 59,122,773 and 58,181,816 shares issued at June 30, 2022 and December 31, 2021, respectively; 58,635,965 and 57,695,008 shares outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$577.00K	USD	Point-in-time
Common stock, $0.01 par value per share; 100,000,000 shares authorized at June 30, 2022 and December 31, 2021; 59,122,773 and 58,181,816 shares issued at June 30, 2022 and December 31, 2021, respectively; 58,635,965 and 57,695,008 shares outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$586.00K	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at June 30, 2022 and December 31, 2021	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Treasury stock, at cost, 486,808 shares at June 30, 2022 and December 31, 2021	`TreasuryStockValue`	$4.76M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$615.03M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$681.19M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-812.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.54M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-820.63M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-736.03M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$71.54M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-148.16M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-95.39M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-136.55M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-81.22M	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$1.29B	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$1.30B	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`	$167.46M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$126.42M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$324.84M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$39.31M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$75.60M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$105.56M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$54.27M	USD	1 Quarter
Total gross profit	`GrossProfit`	$87.11M	USD	1 Quarter
Total gross profit	`GrossProfit`	$168.28M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$113.18M	USD	1 Quarter
Total gross profit	`GrossProfit`	$219.28M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$98.72M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$35.30M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$68.39M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$48.91M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$153.18M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$56.25M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$78.03M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$111.22M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$17.49M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$42.41M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$33.71M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$20.89M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$213.32M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$294.31M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$109.04M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$147.83M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-45.04M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-34.65M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-75.03M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-21.93M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$218.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$122.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$243.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$355.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.45M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.45M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.06M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.76M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$148.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-919.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-3.01M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.40M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-83.13M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-39.57M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-54.20M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-24.71M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$37.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.47M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.81M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.45M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-39.61M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-84.61M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-34.16M	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`	$-0.68	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.46	USD	2 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.18	USD	2 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.18	USD	2 Qtrs
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`	$-0.68	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.46	USD	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`	57.98M	shares	2 Qtrs
Weighted-average common shares outstanding, basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	58.24M	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`	55.39M	shares	1 Quarter
Weighted-average common shares outstanding, diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.24M	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`	57.98M	shares	2 Qtrs

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-39.61M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-84.61M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-34.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-64.01M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.39M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.77M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.99M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.79M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$61.33M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$44.68M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	-	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$3.92M	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`	$-2.28M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-12.82M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-18.15M	USD	2 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$5.45M	USD	2 Qtrs
Deferred contract acquisition and fulfillment costs	`IncreaseDecreaseInDeferredCharges`	$5.08M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-394.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.53M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.56M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.33M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-12.49M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.59M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$23.18M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$22.22M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$4.39M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-326.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.85M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.78M	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$52.42M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.22M	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`	$8.06M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$59.00M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$59.31M	USD	2 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$60.33M	USD	2 Qtrs
Sales/maturities of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$87.94M	USD	2 Qtrs
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$500.00K	USD	2 Qtrs
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$1.50M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.45M	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 for the six months ended June 30, 2021	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $14,560 for the six months ended June 30, 2021	`ProceedsFromConvertibleDebt`	$585.44M	USD	2 Qtrs
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedtoIssuersEquity`	-	USD	2 Qtrs
Purchase of capped calls related to convertible senior notes	`PaymentsForOptionIndexedtoIssuersEquity`	$76.02M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$71.00K	USD	2 Qtrs
Payments for repurchase and conversion of convertible senior notes	`RepaymentsOfConvertibleDebt`	$12.00K	USD	2 Qtrs
Payments for repurchase and conversion of convertible senior notes	`RepaymentsOfConvertibleDebt`	$184.65M	USD	2 Qtrs
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	$300.00K	USD	2 Qtrs
Payments related to business acquisitions	`PaymentsOfMergerRelatedCostsFinancingActivities`	$2.43M	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`	$5.11M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$4.47M	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromIssuanceOfEmployeeStockPurchasePlan`	$5.71M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.21M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$2.53M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$322.67M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.43M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-293.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.67M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$319.99M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.16M	USD	2 Qtrs
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`	$166.17M	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`	$165.02M	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`	$166.17M	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`	$165.02M	USD	Point-in-time
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$3.34M	USD	2 Qtrs
Cash paid for interest on convertible senior notes	`InterestPaidNet`	$4.03M	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$632.00K	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$564.00K	USD	2 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$493.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$163.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$164.58M	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$37.00K	USD	Point-in-time
Restricted cash included in prepaid expenses and other assets	`RestrictedCashAndCashEquivalents`	$2.71M	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`	$166.17M	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`	$165.02M	USD	Point-in-time

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Common stock, beginning balance (in shares)	`CommonStockSharesIssued`	58.18M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesIssued`	59.12M	shares	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$71.54M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-148.16M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-95.39M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-136.55M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-81.22M	USD	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.77M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$64.36M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$22.49M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.89M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.71M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.47M	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`	$6.67M	USD	2 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.11M	USD	2 Qtrs
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.65M	USD	1 Quarter
Shares withheld for employee taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.35M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$246.00K	USD	1 Quarter
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`	$1.21M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised`	$2.52M	USD	2 Qtrs
Purchase of capped calls related to convertible senior notes	`StockRedeemedOrCalledDuringPeriodValue`	$76.02M	USD	2 Qtrs
Issuance of common stock in connection with conversion of convertible senior notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-3.00K	USD	1 Quarter
Issuance of common stock in connection with conversion of convertible senior notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Issuance of common stock in connection with conversion of convertible senior notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-2.70M	USD	2 Qtrs
Issuance of common stock in connection with conversion of convertible senior notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-3.00K	USD	2 Qtrs
Issuance of common stock in connection with inducement of convertible senior notes	`StockIssuedDuringPeriodValueInducementOfConvertibleSecurities`	-	USD	1 Quarter
Issuance of common stock in connection with inducement of convertible senior notes	`StockIssuedDuringPeriodValueInducementOfConvertibleSecurities`	$2.74M	USD	2 Qtrs
Issuance of common stock related to acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	2 Qtrs
Issuance of common stock related to acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	1 Quarter
Issuance of common stock related to acquisition	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.73M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-591.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-249.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.49M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-39.61M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-84.61M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-34.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-64.01M	USD	2 Qtrs
Common stock, ending balance (in shares)	`CommonStockSharesIssued`	58.18M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesIssued`	59.12M	shares	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	486,808.00	shares	Point-in-time
Ending balance	`StockholdersEquity`	$-126.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$71.54M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-148.16M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-95.39M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-136.55M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-81.22M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-39.61M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-84.61M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-34.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-64.01M	USD	2 Qtrs
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-72.00K	USD	1 Quarter
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-201.00K	USD	2 Qtrs
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-3.92M	USD	2 Qtrs
Change in fair value of cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-3.03M	USD	1 Quarter
Adjustments for net losses (gains) realized and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$378.00K	USD	2 Qtrs
Adjustments for net losses (gains) realized and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-761.00K	USD	1 Quarter
Adjustments for net losses (gains) realized and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$174.00K	USD	1 Quarter
Adjustments for net losses (gains) realized and included in net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.08M	USD	2 Qtrs
Total change in unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.85M	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`	$-2.27M	USD	1 Quarter
Total change in unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-246.00K	USD	1 Quarter
Change in unrealized losses on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-220.00K	USD	1 Quarter
Change in unrealized losses on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-3.00K	USD	1 Quarter
Change in unrealized losses on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-12.00K	USD	2 Qtrs
Change in unrealized losses on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-878.00K	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.49M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-591.00K	USD	2 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-249.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.73M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-64.60M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-34.41M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-42.09M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-88.33M	USD	2 Qtrs

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