10-Q Filing

MAGNITE, INC. CIK: 1595974 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001595974-22-000059`
Period End Date	20220930
Filing Date	20221109
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	mgni-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 80 Cash Flow Statement 109 Stockholders Equity 63 Comprehensive Income 24

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	-	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$253.55M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$188.18M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$230.40M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$804.35M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$927.78M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.36M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.93M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.18B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.08B	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	133.35M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$34.07M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$45.49M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	132.55M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	133.35M	shares	Point-in-time
Right-of-use lease asset	`OperatingLeaseRightOfUseAsset`	$74.41M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	132.20M	shares	Point-in-time
Right-of-use lease asset	`OperatingLeaseRightOfUseAsset`	$76.99M	USD	Point-in-time
Internal use software development costs, net	`InternalUseSoftwareDevelopmentCostsNet`	$23.05M	USD	Point-in-time
Internal use software development costs, net	`InternalUseSoftwareDevelopmentCostsNet`	$20.09M	USD	Point-in-time
Treasury stock, common (in shares)	`TreasuryStockCommonShares`	349,000.00	shares	Point-in-time
Treasury stock, common (in shares)	`TreasuryStockCommonShares`	0.00	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$322.55M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$426.62M	USD	Point-in-time
Goodwill	`Goodwill`	$969.87M	USD	Point-in-time
Goodwill	`Goodwill`	$978.22M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$6.86M	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$6.11M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.53B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.71B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.00B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$890.07M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$19.14M	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$19.45M	USD	Point-in-time
Debt, current	`DebtCurrent`	$3.60M	USD	Point-in-time
Debt, current	`DebtCurrent`	$3.60M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$5.70M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$5.88M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$919.01M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.03B	USD	Point-in-time
Debt, non-current, net of debt issuance costs	`LongTermDebtNoncurrent`	$720.02M	USD	Point-in-time
Debt, non-current, net of debt issuance costs	`LongTermDebtNoncurrent`	$722.08M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$13.30M	USD	Point-in-time
Deferred tax liability, net	`DeferredIncomeTaxLiabilitiesNet`	$11.51M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$66.49M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$64.29M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$1.70M	USD	Point-in-time
Other liabilities, non-current	`OtherLiabilitiesNoncurrent`	$2.65M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.72B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.83B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.00001 par value, 10,000 shares authorized at September 30, 2022 and December 31, 2021; 0 shares issued and outstanding at September 30, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.00001 par value, 10,000 shares authorized at September 30, 2022 and December 31, 2021; 0 shares issued and outstanding at September 30, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.00001 par value; 500,000 shares authorized at September 30, 2022 and December 31, 2021; 133,349 and 132,553 shares issued at September 30, 2022 and December 31, 2021, respectively, and 133,349 and 132,204 shares outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock, $0.00001 par value; 500,000 shares authorized at September 30, 2022 and December 31, 2021; 133,349 and 132,553 shares issued at September 30, 2022 and December 31, 2021, respectively, and 133,349 and 132,204 shares outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.30B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.28B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.38M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.29M	USD	Point-in-time
Treasury stock at cost, 0 and 349 shares outstanding at September 30, 2022 and December 31, 2021, respectively	`TreasuryStockCommonValue`	$6.01M	USD	Point-in-time
Treasury stock at cost, 0 and 349 shares outstanding at September 30, 2022 and December 31, 2021, respectively	`TreasuryStockCommonValue`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-488.39M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-394.45M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$381.61M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$880.76M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$876.76M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$887.69M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$342.36M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$821.38M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$837.91M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$810.50M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$2.53B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$2.71B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$131.87M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$307.13M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$401.67M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$145.81M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$134.82M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$63.54M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$196.15M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$71.75M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$118.12M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$52.26M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$49.85M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$151.68M	USD	3 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$21.06M	USD	1 Quarter
Technology and development	`ResearchAndDevelopmentExpense`	$53.44M	USD	3 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$71.21M	USD	3 Qtrs
Technology and development	`ResearchAndDevelopmentExpense`	$25.13M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$20.23M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$16.54M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$47.67M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$59.41M	USD	3 Qtrs
Merger, acquisition, and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$37.78M	USD	3 Qtrs
Merger, acquisition, and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$2.42M	USD	1 Quarter
Merger, acquisition, and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$7.47M	USD	3 Qtrs
Merger, acquisition, and restructuring costs	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$391.83M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$155.82M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$166.97M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$485.91M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-84.24M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-21.16M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-84.70M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-23.95M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-21.27M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-7.28M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-12.60M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-7.02M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$1.37M	USD	1 Quarter
Other income	`OtherOperatingIncome`	$955.00K	USD	1 Quarter
Other income	`OtherOperatingIncome`	$3.99M	USD	3 Qtrs
Other income	`OtherOperatingIncome`	$3.32M	USD	3 Qtrs
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.25M	USD	1 Quarter
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$5.04M	USD	3 Qtrs
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.98M	USD	1 Quarter
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.36M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-5.08M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-3.67M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-12.24M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-7.92M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-96.48M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-92.62M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-29.03M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-24.83M	USD	1 Quarter
Benefit for income taxes	`IncomeTaxExpenseBenefit`	$-435.00K	USD	1 Quarter
Benefit for income taxes	`IncomeTaxExpenseBenefit`	$-2.54M	USD	3 Qtrs
Benefit for income taxes	`IncomeTaxExpenseBenefit`	$-92.24M	USD	3 Qtrs
Benefit for income taxes	`IncomeTaxExpenseBenefit`	$-4.71M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.95M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-93.94M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-12.88M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-388.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$36.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.39M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.71	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.71	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	133.14M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	132.61M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	124.33M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	131.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	131.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	133.14M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	132.61M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	124.33M	shares	3 Qtrs

Cash Flow Statement 109 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-24.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.95M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-93.94M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-12.88M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-388.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$36.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.39M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$138.64M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$97.08M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$50.19M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$28.52M	USD	3 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsFinitelived`	-	USD	3 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsFinitelived`	$3.32M	USD	3 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-78.00K	USD	3 Qtrs
(Gain) loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$59.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-357.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$300.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$400.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$217.00K	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$5.09M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.22M	USD	3 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$1.34M	USD	3 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$1.82M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-91.54M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.63M	USD	3 Qtrs
Unrealized foreign currency gains, net	`ForeignCurrencyTransactionGainLossUnrealized`	$5.23M	USD	3 Qtrs
Unrealized foreign currency gains, net	`ForeignCurrencyTransactionGainLossUnrealized`	$2.58M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$92.13M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-125.27M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.75M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$297.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$113.80M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-116.58M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-472.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$191.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$58.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$103.84M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.98M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.00M	USD	3 Qtrs
Capitalized internal use software development costs	`PaymentsToDevelopSoftware`	$11.18M	USD	3 Qtrs
Capitalized internal use software development costs	`PaymentsToDevelopSoftware`	$8.53M	USD	3 Qtrs
Mergers and acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$653.06M	USD	3 Qtrs
Mergers and acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$20.75M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-49.94M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-675.57M	USD	3 Qtrs
Proceeds from Convertible Senior Notes offering	`ProceedsFromConvertibleDebt`	$400.00M	USD	3 Qtrs
Proceeds from Convertible Senior Notes offering	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Proceeds from issuance of debt, net of debt discount	`ProceedsFromIssuanceOfOtherLongTermDebt`	$349.20M	USD	3 Qtrs
Proceeds from issuance of debt, net of debt discount	`ProceedsFromIssuanceOfOtherLongTermDebt`	-	USD	3 Qtrs
Payment for capped call options	`PaymentsForCappedCallOptions`	$38.96M	USD	3 Qtrs
Payment for capped call options	`PaymentsForCappedCallOptions`	-	USD	3 Qtrs
Payment for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payment for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$30.38M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.77M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$8.75M	USD	3 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$1.15M	USD	3 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$2.14M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfDebt`	$2.70M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfDebt`	$900.00K	USD	3 Qtrs
Repayment of financing lease	`FinanceLeasePrincipalPayments`	-	USD	3 Qtrs
Repayment of financing lease	`FinanceLeasePrincipalPayments`	$602.00K	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$15.66M	USD	3 Qtrs
Taxes paid related to net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Taxes paid related to net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.86M	USD	3 Qtrs
Payment of indemnification claims holdback	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.41M	USD	3 Qtrs
Payment of indemnification claims holdback	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$688.86M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-28.32M	USD	3 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-591.00K	USD	3 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.48M	USD	3 Qtrs
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$70.70M	USD	3 Qtrs
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$23.10M	USD	3 Qtrs
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.43M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.73M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$230.69M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$253.80M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.43M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.73M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$230.69M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$253.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$253.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$188.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$230.40M	USD	Point-in-time
Restricted cash included in prepaid expenses and other current assets	`RestrictedCashCurrent`	$245.00K	USD	Point-in-time
Restricted cash included in prepaid expenses and other current assets	`RestrictedCashCurrent`	-	USD	Point-in-time
Restricted cash included in other assets, non-current	`RestrictedCashNoncurrent`	$251.00K	USD	Point-in-time
Restricted cash included in other assets, non-current	`RestrictedCashNoncurrent`	-	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.43M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.73M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$230.69M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$253.80M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$4.36M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$1.22M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$18.62M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$7.67M	USD	3 Qtrs
Capitalized assets financed by accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$1.51M	USD	3 Qtrs
Capitalized assets financed by accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$10.20M	USD	3 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$956.00K	USD	3 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.02M	USD	3 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$22.65M	USD	3 Qtrs
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$11.54M	USD	3 Qtrs
Purchase consideration - indemnification claims holdback	`BusinessCombinationConsiderationTransferredIndemnificationClaimsHoldback`	$2.29M	USD	3 Qtrs
Purchase consideration - indemnification claims holdback	`BusinessCombinationConsiderationTransferredIndemnificationClaimsHoldback`	$1.41M	USD	3 Qtrs
Common stock and options issued for mergers and acquisitions	`StockIssued1`	-	USD	3 Qtrs
Common stock and options issued for mergers and acquisitions	`StockIssued1`	$495.59M	USD	3 Qtrs
Debt discount, non-cash	`DebtDiscountReceivedDuringNoncashOrPartialNoncashTransaction`	-	USD	3 Qtrs
Debt discount, non-cash	`DebtDiscountReceivedDuringNoncashOrPartialNoncashTransaction`	$10.80M	USD	3 Qtrs

Stockholders Equity 63 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	133.35M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	132.20M	shares	Point-in-time
Beginning Balance (in shares)	`TreasuryStockCommonShares`	349,000.00	shares	Point-in-time
Beginning Balance (in shares)	`TreasuryStockCommonShares`	0.00	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$381.61M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$880.76M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$876.76M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$887.69M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$342.36M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$821.38M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$837.91M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$810.50M	USD	Point-in-time
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$163.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.11M	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.79M	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$501.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.48M	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.48M	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.14M	USD	1 Quarter
Issuance of common stock related to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.15M	USD	1 Quarter
Issuance of common stock associated with the SpotX Acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$495.59M	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.40M	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.20M	USD	1 Quarter
Shares withheld related to net share settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.26M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$3.52M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$12.14M	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	1 Quarter
Retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.56M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.44M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.72M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.93M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.11M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.93M	USD	1 Quarter
Capped call options	`APICShareBasedPaymentArrangementDecreaseForCappedCalls`	$38.96M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-469.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-313.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-525.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$110.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$369.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.97M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.92M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.06M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.95M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-93.94M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-12.88M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-388.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$36.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.39M	USD	1 Quarter
Ending Balance (in shares)	`TreasuryStockCommonShares`	349,000.00	shares	Point-in-time
Ending Balance (in shares)	`TreasuryStockCommonShares`	0.00	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	133.35M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	132.20M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$381.61M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$880.76M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$876.76M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$887.69M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$342.36M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$821.38M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$837.91M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$810.50M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-24.32M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.95M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-93.94M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-12.88M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-44.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-388.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$36.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.39M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.97M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-3.92M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-469.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-525.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-469.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-313.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-525.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$110.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$369.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.97M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.92M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.06M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-26.36M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-24.84M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-857.00K	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-97.86M	USD	3 Qtrs

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