10-Q Filing

UPWORK, INC CIK: 1627475 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001627475-23-000033`
Period End Date	20230331
Filing Date	20230503
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	upwk-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 40 Cash Flow Statement 71 Stockholders Equity 22

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.46M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.02M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$101.98M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$129.38M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	490.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$407.64M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	133.46M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$557.23M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	132.37M	shares	Point-in-time
Funds held in escrow, including funds in transit	`EscrowDeposit`	$161.46M	USD	Point-in-time
Funds held in escrow, including funds in transit	`EscrowDeposit`	$179.42M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	132.37M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	133.46M	shares	Point-in-time
Trade and client receivables net of allowance of $9,018 and $12,464 as of March 31, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$64.89M	USD	Point-in-time
Trade and client receivables net of allowance of $9,018 and $12,464 as of March 31, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$59.29M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.95M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.48M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$767.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$930.91M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.06M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$23.10M	USD	Point-in-time
Goodwill	`Goodwill`	$118.22M	USD	Point-in-time
Goodwill	`Goodwill`	$118.22M	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$6.80M	USD	Point-in-time
Operating lease asset	`OperatingLeaseRightOfUseAsset`	$7.60M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$1.45M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$2.12M	USD	Point-in-time
Total assets	`Assets`	$1.08B	USD	Point-in-time
Total assets	`Assets`	$918.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.25M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$161.46M	USD	Point-in-time
Escrow funds payable	`EscrowFundsPayable`	$179.42M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$47.59M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$53.61M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$25.07M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$25.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$247.69M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$256.82M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$564.26M	USD	Point-in-time
Debt, noncurrent	`LongTermDebtNoncurrent`	$354.70M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$9.71M	USD	Point-in-time
Operating lease liability, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$11.18M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$8.24M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$7.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$629.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$831.37M	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par value; 490,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 133,464,264 and 132,368,265 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$13.00K	USD	Point-in-time
Common stock, $0.0001 par value; 490,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 133,464,264 and 132,368,265 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$13.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$592.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$613.89M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.16M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-323.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-340.95M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$248.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$288.96M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$249.35M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$259.52M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$918.07M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.08B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$141.34M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$160.86M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$37.92M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$40.43M	USD	1 Quarter
Gross profit	`GrossProfit`	$120.43M	USD	1 Quarter
Gross profit	`GrossProfit`	$103.42M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$44.48M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$38.16M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$65.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$57.64M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.14M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.29M	USD	1 Quarter
Provision for transaction losses	`ProvisionForTransactionLosses`	$2.13M	USD	1 Quarter
Provision for transaction losses	`ProvisionForTransactionLosses`	$6.70M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$127.07M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$145.47M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-23.65M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-25.04M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.12M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.10M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$68.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$44.10M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.96M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-24.71M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$29.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$795.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$17.17M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-24.74M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.19	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.19	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.15	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	132.84M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	129.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	129.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	135.97M	shares	1 Quarter
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.92M	USD	1 Quarter
Net unrealized holding gain (loss) on marketable securities, net	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.85M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-27.59M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$19.09M	USD	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$17.17M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-24.74M	USD	1 Quarter
Provision for transaction losses	`ProvisionForLoanLeaseAndOtherLosses`	$3.71M	USD	1 Quarter
Provision for transaction losses	`ProvisionForLoanLeaseAndOtherLosses`	$1.92M	USD	1 Quarter
Depreciation	`DepreciationAndAmortizationExcludingAmortizationOfFinancingCosts`	$2.02M	USD	1 Quarter
Depreciation	`DepreciationAndAmortizationExcludingAmortizationOfFinancingCosts`	$2.01M	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$740.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$716.00K	USD	1 Quarter
Amortization of premium (accretion of discount) of purchases of marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$3.49M	USD	1 Quarter
Amortization of premium (accretion of discount) of purchases of marketable securities, net	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-537.00K	USD	1 Quarter
Amortization of operating lease asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$800.00K	USD	1 Quarter
Amortization of operating lease asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$751.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`IncreaseDecreaseInCommonStockWarrant`	$188.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`IncreaseDecreaseInCommonStockWarrant`	$188.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$16.73M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$19.90M	USD	1 Quarter
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$38.95M	USD	1 Quarter
Gain on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$-1.99M	USD	1 Quarter
Trade and client receivables	`IncreaseDecreaseInAccountsReceivable`	$-2.99M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.36M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.39M	USD	1 Quarter
Operating lease liability	`IncreaseDecreaseOperatingLeaseLiability`	$-1.42M	USD	1 Quarter
Operating lease liability	`IncreaseDecreaseOperatingLeaseLiability`	$-1.29M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.38M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.15M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-6.86M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-12.73M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$248.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.66M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.48M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.70M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$156.13M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$160.25M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$106.63M	USD	1 Quarter
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$167.42M	USD	1 Quarter
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$138.20M	USD	Point-in-time
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Proceeds from sale of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$143.71M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$193.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$158.00K	USD	1 Quarter
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$1.23M	USD	1 Quarter
Internal-use software and platform development costs	`PaymentsToDevelopSoftware`	$2.70M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$152.14M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-55.04M	USD	1 Quarter
Changes in escrow funds payable	`ChangesInEscrowFundsPayable`	$17.96M	USD	1 Quarter
Changes in escrow funds payable	`ChangesInEscrowFundsPayable`	$35.57M	USD	1 Quarter
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$488.00K	USD	1 Quarter
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$758.00K	USD	1 Quarter
Net cash paid for early extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	$170.75M	USD	1 Quarter
Net cash paid for early extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	-	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-152.03M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$36.05M	USD	1 Quarter
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-30.46M	USD	1 Quarter
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.60M	USD	1 Quarter
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$352.06M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$286.63M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.59M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$295.23M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$352.06M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$286.63M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.59M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$295.23M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$811.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$763.00K	USD	1 Quarter
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$79.00K	USD	1 Quarter
Property and equipment purchased but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$302.00K	USD	1 Quarter
Internal-use software and platform development costs incurred but not yet paid	`CapitalizedCostsAssetRetirementCosts`	$57.00K	USD	Point-in-time
Internal-use software and platform development costs incurred but not yet paid	`CapitalizedCostsAssetRetirementCosts`	-	USD	Point-in-time
Marketable securities purchased but not yet paid	`MarketableSecuritiesPurchasesNotYetPaid`	$3.98M	USD	1 Quarter
Marketable securities purchased but not yet paid	`MarketableSecuritiesPurchasesNotYetPaid`	-	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	132.37M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	133.46M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$248.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$288.96M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$249.35M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$259.52M	USD	Point-in-time
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$488.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$758.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.04M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.74M	USD	1 Quarter
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$188.00K	USD	1 Quarter
Tides Foundation common stock warrant expense	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$188.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.92M	USD	1 Quarter
Unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.85M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$17.17M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-24.74M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	132.37M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	133.46M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$248.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$288.96M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$249.35M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$259.52M	USD	Point-in-time

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