10-Q Filing

NUTANIX, INC. CIK: 1618732 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001618732-20-000144`
Period End Date	20201031
Filing Date	20201203
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	ntnx-20201031_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 28 Cash Flow Statement 74 Stockholders Equity 24 Comprehensive Income 6

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$896.00K	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$804.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$504.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$233.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$318.74M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$813.60M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$401.04M	USD	Point-in-time
Accounts receivable, net of allowances of $804 and $896, respectively	`AccountsReceivableNetCurrent`	$183.27M	USD	Point-in-time
Accounts receivable, net of allowances of $804 and $896, respectively	`AccountsReceivableNetCurrent`	$242.52M	USD	Point-in-time
Deferred commissionscurrent	`Deferredcommissionscurrentportion`	$76.05M	USD	Point-in-time
Deferred commissionscurrent	`Deferredcommissionscurrentportion`	$68.69M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$63.03M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$56.72M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.63B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.09B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$143.17M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$133.16M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$127.33M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$126.54M	USD	Point-in-time
Deferred commissionsnon-current	`Deferredsalescommissionsnoncurrent`	$146.83M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred commissionsnon-current	`Deferredsalescommissionsnoncurrent`	$167.71M	USD	Point-in-time
Total intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$45.05M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$49.39M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Goodwill	`Goodwill`	$185.26M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Goodwill	`Goodwill`	$185.26M	USD	Point-in-time
Other assetsnon-current	`OtherAssetsNoncurrent`	$22.54M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	201.35M	shares	Point-in-time
Other assetsnon-current	`OtherAssetsNoncurrent`	$24.04M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	201.95M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	201.95M	shares	Point-in-time
Total assets	`Assets`	$1.77B	USD	Point-in-time
Total assets	`Assets`	$2.32B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	201.35M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$48.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$54.03M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$109.11M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$115.72M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$24.56M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$25.92M	USD	Point-in-time
Deferred revenuecurrent	`ContractWithCustomerLiabilityCurrent`	$534.57M	USD	Point-in-time
Deferred revenuecurrent	`ContractWithCustomerLiabilityCurrent`	$549.94M	USD	Point-in-time
Operating lease liabilitiescurrent	`OperatingLeaseLiabilityCurrent`	$36.57M	USD	Point-in-time
Operating lease liabilitiescurrent	`OperatingLeaseLiabilityCurrent`	$41.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$760.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$779.58M	USD	Point-in-time
Deferred revenuenon-current	`ContractWithCustomerLiabilityNoncurrent`	$656.54M	USD	Point-in-time
Deferred revenuenon-current	`ContractWithCustomerLiabilityNoncurrent`	$648.87M	USD	Point-in-time
Operating lease liabilitiesnon-current	`OperatingLeaseLiabilityNoncurrent`	$116.79M	USD	Point-in-time
Operating lease liabilitiesnon-current	`OperatingLeaseLiabilityNoncurrent`	$113.49M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$490.22M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$994.64M	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$230.91M	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	-	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$295.65M	USD	Point-in-time
Other liabilitiesnon-current	`OtherLiabilitiesNoncurrent`	$33.33M	USD	Point-in-time
Other liabilitiesnon-current	`OtherLiabilitiesNoncurrent`	$27.44M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.04B	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value of $0.000025 per share 200,000 shares authorized as of July 31, 2020 and October 31, 2020; no shares issued and outstanding as of July 31, 2020 and October 31, 2020	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, par value of $0.000025 per share 200,000 shares authorized as of July 31, 2020 and October 31, 2020; no shares issued and outstanding as of July 31, 2020 and October 31, 2020	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, par value of $0.000025 per share1,200,000 (1,000,000 Class A, 200,000 Class B) shares authorized as of July 31, 2020 and October 31, 2020; 201,949 (186,846 Class A and 15,103 Class B) and 201,346 (189,883 Class A and 11,463 Class B) shares issued and outstanding as of July 31, 2020 and October 31, 2020	`CommonStockValue`	$5.00K	USD	Point-in-time
Common stock, par value of $0.000025 per share1,200,000 (1,000,000 Class A, 200,000 Class B) shares authorized as of July 31, 2020 and October 31, 2020; 201,949 (186,846 Class A and 15,103 Class B) and 201,346 (189,883 Class A and 11,463 Class B) shares issued and outstanding as of July 31, 2020 and October 31, 2020	`CommonStockValue`	$5.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.25B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.30B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$880.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.03M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.86B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.52B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$63.53M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-557.36M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-274.98M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$186.89M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$2.32B	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$1.77B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$314.77M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$312.75M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$72.20M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$67.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$242.57M	USD	1 Quarter
Gross profit	`GrossProfit`	$244.79M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$291.84M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$257.29M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$135.80M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$138.21M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$32.86M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$33.77M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$462.90M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$426.87M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-220.34M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-182.07M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-5.04M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-78.73M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-260.81M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-225.38M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.92M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-265.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-229.30M	USD	1 Quarter
Net loss per share attributable to common stockholdersbasic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.21	USD	1 Quarter
Net loss per share attributable to common stockholdersbasic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.31	USD	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholdersbasic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	189.67M	shares	1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholdersbasic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	203.09M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-265.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-229.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.46M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$89.20M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$81.43M	USD	1 Quarter
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeLiabilities`	-	USD	1 Quarter
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeLiabilities`	$64.74M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$11.71M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$7.63M	USD	1 Quarter
Operating lease cost, net of accretion	`IncreaseDecreaseinOperatingLeaseCostNetofAccretion`	$6.67M	USD	1 Quarter
Operating lease cost, net of accretion	`IncreaseDecreaseinOperatingLeaseCostNetofAccretion`	$8.35M	USD	1 Quarter
Impairment of lease-related assets	`OperatingLeaseImpairmentLoss`	-	USD	1 Quarter
Impairment of lease-related assets	`OperatingLeaseImpairmentLoss`	$3.00M	USD	Annual
Impairment of lease-related assets	`OperatingLeaseImpairmentLoss`	$2.82M	USD	1 Quarter
Non-cash interest expense	`NoncashInterestExpense`	-	USD	1 Quarter
Non-cash interest expense	`NoncashInterestExpense`	$1.95M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-1.67M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-103.00K	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-60.09M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-30.59M	USD	1 Quarter
Deferred commissions	`IncreaseDecreaseInDeferredCharges`	$18.31M	USD	1 Quarter
Deferred commissions	`IncreaseDecreaseInDeferredCharges`	$28.23M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.22M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-16.15M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.08M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.21M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$10.04M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.79M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.24M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.77M	USD	1 Quarter
Operating leases, net	`IncreaseDecreaseinOperatingLeasesNet`	$-3.47M	USD	1 Quarter
Operating leases, net	`IncreaseDecreaseinOperatingLeasesNet`	$-7.97M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$65.23M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$22.19M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-26.16M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.07M	USD	1 Quarter
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$97.58M	USD	1 Quarter
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$171.44M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$514.00M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$321.47M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleOfOtherInvestments`	$7.87M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleOfOtherInvestments`	-	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.20M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.25M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-160.37M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-428.67M	USD	1 Quarter
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromStockPlans`	$23.97M	USD	1 Quarter
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromStockPlans`	$19.60M	USD	1 Quarter
Proceeds from the issuance of convertible notes, net of issuance costs	`ProceedsFromIssuanceOfDebt`	-	USD	1 Quarter
Proceeds from the issuance of convertible notes, net of issuance costs	`ProceedsFromIssuanceOfDebt`	$723.76M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$125.08M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$618.28M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.97M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-162.56M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$185.53M	USD	1 Quarter
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.99M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$236.96M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$399.52M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$507.52M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.99M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$236.96M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$399.52M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$507.52M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.14M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.04M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$504.48M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$233.82M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$318.74M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$7.78M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$5.05M	USD	1 Quarter
Purchases of property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$2.95M	USD	1 Quarter
Purchases of property and equipment included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$12.20M	USD	1 Quarter

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Stockholders' equity, beginning balance (in shares)	`CommonStockSharesOutstanding`	201.95M	shares	Point-in-time
Stockholders' equity, beginning balance (in shares)	`CommonStockSharesOutstanding`	201.35M	shares	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$63.53M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-557.36M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-274.98M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$186.89M	USD	Point-in-time
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.61M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.63M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$21.34M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$18.07M	USD	1 Quarter
Repurchase and retirement of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	5.20M	shares	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$125.08M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$89.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$81.43M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$565.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-265.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-229.30M	USD	1 Quarter
Stockholders' equity, ending balance (in shares)	`CommonStockSharesOutstanding`	201.95M	shares	Point-in-time
Stockholders' equity, ending balance (in shares)	`CommonStockSharesOutstanding`	201.35M	shares	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$63.53M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-557.36M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-274.98M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$186.89M	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-265.05M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-229.30M	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$565.00K	USD	1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.15M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-266.20M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-228.74M	USD	1 Quarter

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