10-Q Filing

ARISTA NETWORKS, INC. CIK: 1596532 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001596532-23-000274`
Period End Date	20230930
Filing Date	20231031
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	anet-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 64 Cash Flow Statement 76 Stockholders Equity 43 Comprehensive Income 24

Balance Sheet 84 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$671.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.75B	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
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$2.35B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$2.71B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$833.37M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	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, 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`	$1.29B	USD	Point-in-time
Inventories	`InventoryNet`	$1.89B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$472.48M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$314.22M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	310.97M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	306.89M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$5.55B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.65B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	310.97M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	306.89M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$95.01M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$102.59M	USD	Point-in-time
Acquisition-related intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$122.20M	USD	Point-in-time
Acquisition-related intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$95.46M	USD	Point-in-time
Goodwill	`Goodwill`	$268.53M	USD	Point-in-time
Goodwill	`Goodwill`	$265.92M	USD	Point-in-time
Investments	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$39.47M	USD	Point-in-time
Investments	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$62.29M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$53.39M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$58.89M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$574.91M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$793.01M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$73.75M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$33.27M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.78B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$9.07B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$268.97M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$232.57M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$410.07M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$292.49M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$637.43M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$698.67M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$131.04M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$469.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.29B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.85B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesNoncurrent`	$104.66M	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`	$48.04M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$403.81M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$496.08M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$67.97M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$58.44M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$2.56B	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 September 30, 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 September 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value1,000,000 shares authorized as of September 30, 2023 and December 31, 2022; 310,972 and 306,890 shares issued and outstanding as of September 30, 2023 and December 31, 2022	`CommonStockValue`	$31.00K	USD	Point-in-time
Common stock, $0.0001 par value1,000,000 shares authorized as of September 30, 2023 and December 31, 2022; 310,972 and 306,890 shares issued and outstanding as of September 30, 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`	$2.03B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.50B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.14B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-33.91M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-23.17M	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$6.51B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$4.89B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$4.01B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$3.98B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$4.39B	USD	Point-in-time
TOTAL STOCKHOLDERS EQUITY	`StockholdersEquity`	$5.86B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$6.78B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$9.07B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.11B	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.51B	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.18B	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.32B	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$1.69B	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$1.20B	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$567.04M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$466.82M	USD	1 Quarter
Gross profit	`GrossProfit`	$942.42M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.63B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.91B	USD	3 Qtrs
Gross profit	`GrossProfit`	$709.98M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$187.81M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$537.97M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$643.44M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$212.35M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$81.40M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$293.50M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$102.03M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$241.51M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$69.42M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$25.34M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$76.79M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$23.43M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$848.90M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$339.72M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.01B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$292.63M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$417.35M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$602.70M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.62B	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.06B	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$37.76M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$110.30M	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$41.81M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$6.82M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.10B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$424.16M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$644.51M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.73B	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$253.95M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$99.18M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$70.17M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$170.59M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$925.36M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$545.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$354.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.47B	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.02	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.16	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.76	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.78	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.92	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.66	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.72	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	306.58M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	308.60M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	304.93M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	310.19M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	314.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	316.56M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	317.63M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	316.75M	shares	3 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$354.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.47B	USD	3 Qtrs
Net income	`NetIncomeLoss`	$545.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$925.36M	USD	3 Qtrs
Depreciation, amortization and other	`DepreciationDepletionAndAmortization`	$56.23M	USD	3 Qtrs
Depreciation, amortization and other	`DepreciationDepletionAndAmortization`	$45.17M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$215.40M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$165.98M	USD	3 Qtrs
Noncash lease expense	`NoncashLeaseExpense`	$13.84M	USD	3 Qtrs
Noncash lease expense	`NoncashLeaseExpense`	$13.62M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-217.49M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-148.35M	USD	3 Qtrs
Gain on strategic investments	`GainLossOnInvestments`	$24.12M	USD	3 Qtrs
Gain on strategic investments	`GainLossOnInvestments`	$708.00K	USD	1 Quarter
Gain on strategic investments	`GainLossOnInvestments`	$-473.00K	USD	1 Quarter
Gain on strategic investments	`GainLossOnInvestments`	$18.70M	USD	3 Qtrs
Amortization (accretion) of investment premiums (discounts)	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$-14.17M	USD	3 Qtrs
Amortization (accretion) of investment premiums (discounts)	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$22.39M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-89.72M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$129.95M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$603.83M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$449.79M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$86.89M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$118.62M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$73.48M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$33.74M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$14.69M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$117.48M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.25M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$153.50M	USD	3 Qtrs
Income taxes, net	`IncreaseDecreaseInIncomeTaxes`	$346.17M	USD	3 Qtrs
Income taxes, net	`IncreaseDecreaseInIncomeTaxes`	$41.07M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.06M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-10.97M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$452.34M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.51B	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.56B	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.28B	USD	3 Qtrs
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$49.58M	USD	3 Qtrs
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$186.78M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$1.93B	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$973.49M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.42M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.18M	USD	3 Qtrs
Cash paid for business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-1.80M	USD	3 Qtrs
Cash paid for business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$145.09M	USD	3 Qtrs
Investment in notes and privately-held companies	`PaymentsForInvestmentInNotesAndPrivatelyHeldCompanies`	$12.69M	USD	3 Qtrs
Investment in notes and privately-held companies	`PaymentsForInvestmentInNotesAndPrivatelyHeldCompanies`	$4.25M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-350.50M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$299.15M	USD	3 Qtrs
Proceeds from issuance of common stock under equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$53.80M	USD	3 Qtrs
Proceeds from issuance of common stock under equity plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$43.07M	USD	3 Qtrs
Tax withholding paid on behalf of employees for net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.54M	USD	3 Qtrs
Tax withholding paid on behalf of employees for net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.94M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$667.47M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$112.28M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-82.42M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-649.94M	USD	3 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-934.00K	USD	3 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-6.09M	USD	3 Qtrs
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$95.46M	USD	3 Qtrs
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.07B	USD	3 Qtrs
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.75B	USD	Point-in-time
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`	$720.51M	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`	$1.75B	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`	$720.51M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$625.05M	USD	Point-in-time
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$7.30M	USD	3 Qtrs
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$19.13M	USD	3 Qtrs
Property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$5.70M	USD	3 Qtrs
Property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$3.96M	USD	3 Qtrs
Common stock issued for business acquisition	`StockIssued1`	$2.33M	USD	3 Qtrs
Common stock issued for business acquisition	`StockIssued1`	$4.05M	USD	3 Qtrs

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	310.97M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	306.89M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$6.51B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.89B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.01B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.98B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.39B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.86B	USD	Point-in-time
Net income	`NetIncomeLoss`	$925.36M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$545.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$354.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.47B	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$10.74M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-38.83M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.04M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.81M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$65.48M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$85.39M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$215.40M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$165.98M	USD	3 Qtrs
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$53.80M	USD	3 Qtrs
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$20.08M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$23.39M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$43.07M	USD	3 Qtrs
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	954,000.00	shares	3 Qtrs
Repurchase of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	0.00	shares	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$667.47M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$112.28M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$47.58M	USD	1 Quarter
Tax withholding paid for net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.17M	USD	1 Quarter
Tax withholding paid for net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.74M	USD	1 Quarter
Tax withholding paid for net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.54M	USD	3 Qtrs
Tax withholding paid for net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.94M	USD	3 Qtrs
Common stock issued for business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$4.05M	USD	3 Qtrs
Common stock issued for business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$2.33M	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	310.97M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	306.89M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$4.39B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.51B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.89B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.01B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.98B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.86B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$354.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.47B	USD	3 Qtrs
Net income	`NetIncomeLoss`	$545.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$925.36M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.04M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.38M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.57M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.31M	USD	3 Qtrs
Change in net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.24M	USD	1 Quarter
Change in net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$7.96M	USD	3 Qtrs
Change in net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.45M	USD	1 Quarter
Change in net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-33.52M	USD	3 Qtrs
Reclassification adjustment included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-3.83M	USD	3 Qtrs
Reclassification adjustment included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	3 Qtrs
Reclassification adjustment included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$26.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$10.74M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-38.83M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.04M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.81M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$348.19M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$547.37M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$886.53M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.48B	USD	3 Qtrs

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