10-Q Filing

VEEVA SYSTEMS INC CIK: 1393052 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001628279-20-000207`
Period End Date	20200731
Filing Date	20200908
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	veev-20200731_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 80 Cash Flow Statement 146 Stockholders Equity 35 Comprehensive Income 4

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$698.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$617.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$795.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$476.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$827.47M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$699.71M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$610.01M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $698 and $617, respectively	`AccountsReceivableNetCurrent`	$389.69M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $698 and $617, respectively	`AccountsReceivableNetCurrent`	$220.80M	USD	Point-in-time
Unbilled accounts receivable	`UnbilledReceivablesCurrent`	$32.82M	USD	Point-in-time
Unbilled accounts receivable	`UnbilledReceivablesCurrent`	$36.65M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.87M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$32.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.79B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.53B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$52.58M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$54.75M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$34.65M	USD	Point-in-time
Deferred costs, net	`DeferredCosts`	$35.59M	USD	Point-in-time
Lease right-of-use-assets	`OperatingLeaseRightOfUseAsset`	$49.13M	USD	Point-in-time
Lease right-of-use-assets	`OperatingLeaseRightOfUseAsset`	$51.29M	USD	Point-in-time
Goodwill	`Goodwill`	$438.53M	USD	Point-in-time
Goodwill	`Goodwill`	$438.53M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$124.42M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$134.60M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxAssetsNet`	$12.17M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxAssetsNet`	$11.87M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$16.18M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$17.35M	USD	Point-in-time
Total assets	`Assets`	$2.27B	USD	Point-in-time
Total assets	`Assets`	$2.52B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.42M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$27.49M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$25.62M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$22.76M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$21.62M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$2.46M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$5.61M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$421.17M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$468.89M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$10.01M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$11.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$551.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$501.48M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$2.42M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$1.82M	USD	Point-in-time
Lease liabilities, noncurrent	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$46.19M	USD	Point-in-time
Lease liabilities, noncurrent	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$44.81M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$10.19M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$606.18M	USD	Point-in-time
Total liabilities	`Liabilities`	$559.68M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$745.48M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$850.78M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$460.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.17M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$919.66M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.10B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.80B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.24B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.67B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.34B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.45B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.96B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.27B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.52B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$353.68M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$690.79M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$511.65M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$266.90M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$135.72M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$97.20M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$192.08M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$70.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$375.93M	USD	2 Qtrs
Gross profit	`GrossProfit`	$196.68M	USD	1 Quarter
Gross profit	`GrossProfit`	$256.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$498.70M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$70.05M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$132.29M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$51.15M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$96.12M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$85.44M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$114.93M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$59.17M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$45.82M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$73.84M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$37.17M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$49.35M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$25.86M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$166.40M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$122.83M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$321.06M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$230.91M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$145.03M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$90.08M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$73.86M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$177.65M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$6.29M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$7.33M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.88M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$13.49M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$92.96M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$183.94M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$81.19M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$158.52M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$1.95M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$5.83M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-589.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$3.82M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$152.69M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$180.12M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$93.55M	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.24M	USD	1 Quarter
Net income, basic and diluted	`NetIncomeLossAttributableToCommonStockholdersBasicAndDiluted`	$79.24M	USD	1 Quarter
Net income, basic and diluted	`NetIncomeLossAttributableToCommonStockholdersBasicAndDiluted`	$152.69M	USD	2 Qtrs
Net income, basic and diluted	`NetIncomeLossAttributableToCommonStockholdersBasicAndDiluted`	$93.55M	USD	1 Quarter
Net income, basic and diluted	`NetIncomeLossAttributableToCommonStockholdersBasicAndDiluted`	$180.12M	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.62	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.54	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.04	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.20	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.50	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.96	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.58	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.12	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	149.98M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	147.12M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	150.41M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	147.51M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	158.34M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	158.68M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	160.31M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	160.84M	shares	1 Quarter
Net change in unrealized gain on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.42M	USD	2 Qtrs
Net change in unrealized gain on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.13M	USD	1 Quarter
Net change in unrealized gain on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$461.00K	USD	1 Quarter
Net change in unrealized gain on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.43M	USD	2 Qtrs
Net change in cumulative foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.44M	USD	2 Qtrs
Net change in cumulative foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.74M	USD	1 Quarter
Net change in cumulative foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$3.28M	USD	2 Qtrs
Net change in cumulative foreign currency translation loss	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$2.89M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$185.83M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$97.58M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$77.96M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$151.67M	USD	2 Qtrs

Cash Flow Statement 146 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$180.12M	USD	2 Qtrs
Net income	`ProfitLoss`	$93.55M	USD	1 Quarter
Net income	`ProfitLoss`	$152.69M	USD	2 Qtrs
Net income	`ProfitLoss`	$79.24M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$3.88M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$7.32M	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$7.78M	USD	2 Qtrs
Depreciation and amortization	`OtherDepreciationAndAmortization`	$15.20M	USD	2 Qtrs
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortization`	$3.09M	USD	1 Quarter
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortization`	$3.22M	USD	2 Qtrs
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortization`	$6.09M	USD	2 Qtrs
Reduction of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortization`	$1.68M	USD	1 Quarter
Accretion of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$2.27M	USD	2 Qtrs
Accretion of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-496.00K	USD	1 Quarter
Accretion of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$1.10M	USD	1 Quarter
Accretion of discount on short-term investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-485.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$86.27M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$49.37M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$49.13M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$28.37M	USD	1 Quarter
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$10.07M	USD	2 Qtrs
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$9.69M	USD	2 Qtrs
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$4.84M	USD	1 Quarter
Amortization of deferred costs	`AmortizationOfDeferredCostsExcludingRightOfUseAssets`	$5.32M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.64M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$921.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.34M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-504.00K	USD	1 Quarter
(Gain) Loss on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$5.00K	USD	2 Qtrs
(Gain) Loss on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$-42.00K	USD	1 Quarter
(Gain) Loss on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$38.00K	USD	2 Qtrs
(Gain) Loss on foreign currency from mark-to-market derivative	`ForeignCurrencyTransactionGainLossBeforeTax`	$98.00K	USD	1 Quarter
Bad debt expense (recovery)	`ProvisionForDoubtfulAccounts`	$121.00K	USD	2 Qtrs
Bad debt expense (recovery)	`ProvisionForDoubtfulAccounts`	$-159.00K	USD	1 Quarter
Bad debt expense (recovery)	`ProvisionForDoubtfulAccounts`	$-312.00K	USD	2 Qtrs
Bad debt expense (recovery)	`ProvisionForDoubtfulAccounts`	$514.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-158.31M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-14.61M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-18.80M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-168.77M	USD	2 Qtrs
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$-619.00K	USD	1 Quarter
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$-1.98M	USD	1 Quarter
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$3.26M	USD	2 Qtrs
Unbilled accounts receivable	`IncreaseDecreaseInUnbilledAccountsReceivable`	$3.83M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$4.43M	USD	1 Quarter
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$9.03M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$9.13M	USD	2 Qtrs
Deferred costs	`IncreaseDecreaseInDeferredCharges`	$5.79M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$611.00K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$949.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.14M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-4.99M	USD	2 Qtrs
Prepaid expenses and other current and long-term assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$11.13M	USD	2 Qtrs
Prepaid expenses and other current and long-term assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.34M	USD	1 Quarter
Prepaid expenses and other current and long-term assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.10M	USD	2 Qtrs
Prepaid expenses and other current and long-term assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$11.68M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$379.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-37.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$914.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.52M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$125.00K	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.91M	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.67M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.82M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-35.23M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-27.31M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-47.69M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-49.17M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-3.52M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-2.46M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-1.89M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInLeaseLiabilities`	$-5.27M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.62M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.18M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$4.76M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$2.24M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$336.76M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$100.47M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$387.49M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$105.32M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$438.09M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$456.57M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$267.75M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$209.19M	USD	1 Quarter
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$229.22M	USD	1 Quarter
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$369.57M	USD	2 Qtrs
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$376.74M	USD	2 Qtrs
Maturities and sales of short-term investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$187.77M	USD	1 Quarter
Long-term assets	`PaymentsForSoftware`	$2.99M	USD	2 Qtrs
Long-term assets	`PaymentsForSoftware`	$1.38M	USD	1 Quarter
Long-term assets	`PaymentsForSoftware`	$5.14M	USD	2 Qtrs
Long-term assets	`PaymentsForSoftware`	$5.41M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.80M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-92.14M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.93M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-64.34M	USD	2 Qtrs
Reduction of lease liabilities - finance leases	`FinanceLeasePrincipalPayments`	$239.00K	USD	1 Quarter
Reduction of lease liabilities - finance leases	`FinanceLeasePrincipalPayments`	$251.00K	USD	1 Quarter
Reduction of lease liabilities - finance leases	`FinanceLeasePrincipalPayments`	$488.00K	USD	2 Qtrs
Reduction of lease liabilities - finance leases	`FinanceLeasePrincipalPayments`	$499.00K	USD	2 Qtrs
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	$9.28M	USD	1 Quarter
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	$3.62M	USD	1 Quarter
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	$7.01M	USD	2 Qtrs
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	$19.06M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$9.03M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$18.56M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.38M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.52M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.73M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.28M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.44M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.74M	USD	1 Quarter
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$317.19M	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$276.50M	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$73.15M	USD	1 Quarter
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$79.31M	USD	1 Quarter
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$796.99M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.18M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$723.84M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$479.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$828.68M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$749.37M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$796.99M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.18M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$723.84M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$479.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$828.68M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$749.37M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$796.99M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.18M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$723.84M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$479.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$828.68M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$749.37M	USD	Point-in-time
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$9.09M	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$14.96M	USD	2 Qtrs
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$882.00K	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$3.27M	USD	2 Qtrs
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$41.74M	USD	2 Qtrs
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$22.12M	USD	1 Quarter
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$30.58M	USD	2 Qtrs
Excess tax benefits from employee stock plans	`ExcessTaxBenefitFromEmployeeStockPlans`	$17.03M	USD	1 Quarter
Changes in accounts payable and accrued expenses related to property and equipment purchases	`IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid`	$184.00K	USD	1 Quarter
Changes in accounts payable and accrued expenses related to property and equipment purchases	`IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid`	$-537.00K	USD	2 Qtrs
Changes in accounts payable and accrued expenses related to property and equipment purchases	`IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid`	$774.00K	USD	2 Qtrs
Changes in accounts payable and accrued expenses related to property and equipment purchases	`IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid`	$97.00K	USD	1 Quarter

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.45B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.96B	USD	Point-in-time
Cumulative effect adjustment for Topic 842 adoption	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-657.00K	USD	Point-in-time
Cumulative effect adjustment for Topic 842 adoption	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	-	USD	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.11M	shares	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$8.75M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$19.03M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.92M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.48M	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	2 Qtrs
Issuance of common stock upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Issuance of common stock upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	2 Qtrs
Issuance of common stock upon vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$49.34M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$28.48M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$49.37M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$86.27M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.28M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.02M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$4.02M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$5.71M	USD	2 Qtrs
Net income	`NetIncomeLossIncludingCumulativeEffectOfChangeOnEquityDueToNewAccountingPronouncementOrChangeInAccountingPrinciple`	$152.69M	USD	2 Qtrs
Net income	`NetIncomeLossIncludingCumulativeEffectOfChangeOnEquityDueToNewAccountingPronouncementOrChangeInAccountingPrinciple`	$180.12M	USD	2 Qtrs
Net income	`NetIncomeLossIncludingCumulativeEffectOfChangeOnEquityDueToNewAccountingPronouncementOrChangeInAccountingPrinciple`	$93.55M	USD	1 Quarter
Net income	`NetIncomeLossIncludingCumulativeEffectOfChangeOnEquityDueToNewAccountingPronouncementOrChangeInAccountingPrinciple`	$79.24M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.24B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.67B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.34B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.45B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.96B	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Total stock-based compensation	`AllocatedShareBasedCompensationExpense`	$49.13M	USD	2 Qtrs
Total stock-based compensation	`AllocatedShareBasedCompensationExpense`	$49.37M	USD	1 Quarter
Total stock-based compensation	`AllocatedShareBasedCompensationExpense`	$28.37M	USD	1 Quarter
Total stock-based compensation	`AllocatedShareBasedCompensationExpense`	$86.27M	USD	2 Qtrs

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