10-Q Filing

ARISTA NETWORKS, INC. CIK: 1596532 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001596532-23-000104`
Period End Date	20230331
Filing Date	20230502
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	anet-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 32 Cash Flow Statement 74 Stockholders Equity 22 Comprehensive Income 12

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$671.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$956.34M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$2.37B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$2.35B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$862.88M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$923.10M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$1.29B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Inventories	`InventoryNet`	$1.68B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$314.22M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$393.82M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	306.89M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	308.10M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$6.27B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	308.10M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	306.89M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$5.55B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$97.16M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$95.01M	USD	Point-in-time
Acquisition-related intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$122.20M	USD	Point-in-time
Acquisition-related intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$112.89M	USD	Point-in-time
Goodwill	`Goodwill`	$265.92M	USD	Point-in-time
Goodwill	`Goodwill`	$265.92M	USD	Point-in-time
Investments	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$39.47M	USD	Point-in-time
Investments	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$39.40M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$64.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$53.39M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$574.91M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$646.07M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$73.75M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$47.09M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.78B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$7.54B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$232.57M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$330.17M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$292.49M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$351.76M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$671.70M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$637.43M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$131.04M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$231.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.29B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.58B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$94.73M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$89.84M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$43.96M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$55.29M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$420.57M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$403.81M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$58.38M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$58.44M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$2.21B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.89B	USD	Point-in-time
Commitments and contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value100,000 shares authorized and no shares issued and outstanding as of March 31, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value100,000 shares authorized and no shares issued and outstanding as of March 31, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value1,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 308,098 and 306,890 shares issued and outstanding as of March 31, 2023 and December 31, 2022	`CommonStockValue`	$31.00K	USD	Point-in-time
Common stock, $0.0001 par value1,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 308,098 and 306,890 shares issued and outstanding as of March 31, 2023 and December 31, 2022	`CommonStockValue`	$31.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.78B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.86B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.49B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.14B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.50M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-33.91M	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$3.98B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$5.33B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$4.15B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$4.89B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$6.78B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$7.54B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$877.07M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.35B	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$546.84M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$323.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$804.51M	USD	1 Quarter
Gross profit	`GrossProfit`	$553.85M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$201.41M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$172.01M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$93.49M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$80.74M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$23.11M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$25.03M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$275.86M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$319.93M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$484.58M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$277.99M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$12.15M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$31.48M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$309.47M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$496.72M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$37.21M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$60.25M	USD	1 Quarter
Net income	`NetIncomeLoss`	$436.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$272.26M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.88	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.38	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.85	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	306.99M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	308.05M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	315.58M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	319.65M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$272.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$436.47M	USD	1 Quarter
Depreciation, amortization and other	`DepreciationDepletionAndAmortization`	$13.09M	USD	1 Quarter
Depreciation, amortization and other	`DepreciationDepletionAndAmortization`	$20.91M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$62.88M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$50.28M	USD	1 Quarter
Noncash lease expense	`NoncashLeaseExpense`	$4.53M	USD	1 Quarter
Noncash lease expense	`NoncashLeaseExpense`	$4.63M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-81.82M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-71.15M	USD	1 Quarter
Unrealized loss (gain) on equity investments	`UnrealizedGainLossOnInvestments`	$-5.57M	USD	1 Quarter
Unrealized loss (gain) on equity investments	`UnrealizedGainLossOnInvestments`	$28.50M	USD	1 Quarter
Amortization (accretion) of investment premiums (discounts)	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$-7.03M	USD	1 Quarter
Amortization (accretion) of investment premiums (discounts)	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$4.22M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$131.86M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-60.22M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$43.53M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$393.00M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$108.00M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$82.28M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$640.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-26.36M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$94.56M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.48M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-29.67M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$58.66M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$187.19M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$51.03M	USD	1 Quarter
Income taxes, net	`IncreaseDecreaseInIncomeTaxes`	$108.20M	USD	1 Quarter
Income taxes, net	`IncreaseDecreaseInIncomeTaxes`	$106.99M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-2.70M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-4.36M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$374.48M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$217.14M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$824.02M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$404.18M	USD	1 Quarter
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$21.73M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$861.61M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$412.61M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.63M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.88M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$37.61M	USD	1 Quarter
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Investments and notes receivable in privately-held companies	`PaymentsForInvestmentAndNotesReceivableInPrivatelyHeldCompanies`	$11.69M	USD	1 Quarter
Investments and notes receivable in privately-held companies	`PaymentsForInvestmentAndNotesReceivableInPrivatelyHeldCompanies`	$250.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-72.61M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.75M	USD	1 Quarter
Proceeds from issuance of common stock under equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$19.16M	USD	1 Quarter
Proceeds from issuance of common stock under equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$23.10M	USD	1 Quarter
Tax withholding paid on behalf of employees for net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.74M	USD	1 Quarter
Tax withholding paid on behalf of employees for net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.22M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$136.23M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$82.28M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-68.40M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-129.81M	USD	1 Quarter
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-481.00K	USD	1 Quarter
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$314.00K	USD	1 Quarter
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$284.65M	USD	1 Quarter
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$14.23M	USD	1 Quarter
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$675.98M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$639.28M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$960.62M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$625.05M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$675.98M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$625.05M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$639.28M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$960.62M	USD	Point-in-time
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$6.02M	USD	1 Quarter
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$15.23M	USD	1 Quarter
Property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$4.93M	USD	1 Quarter
Property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$2.76M	USD	1 Quarter
Common stock issued for business acquisition	`StockIssued1`	$4.05M	USD	1 Quarter
Common stock issued for business acquisition	`StockIssued1`	-	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$3.98B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.33B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.15B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.89B	USD	Point-in-time
Net income	`NetIncomeLoss`	$272.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$436.47M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-22.20M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$12.40M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$50.28M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$62.88M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$23.10M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$19.16M	USD	1 Quarter
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	735,000.00	shares	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$136.23M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$82.28M	USD	1 Quarter
Tax withholding paid for net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.74M	USD	1 Quarter
Tax withholding paid for net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.22M	USD	1 Quarter
Common stock issued for business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$4.05M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$3.98B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.33B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.15B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.89B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$272.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$436.47M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-373.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$292.00K	USD	1 Quarter
Change in net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-21.83M	USD	1 Quarter
Change in net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$8.25M	USD	1 Quarter
Reclassification adjustment included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-3.86M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-22.20M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$12.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$448.88M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$250.06M	USD	1 Quarter

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