10-Q Filing

LEMONADE, INC. CIK: 1691421 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001691421-23-000055`
Period End Date	20230331
Filing Date	20230505
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	lmnd-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 42 Cash Flow Statement 66 Stockholders Equity 20

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Fixed maturities available-for-sale, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss`	$665.70M	USD	Point-in-time
Fixed maturities available-for-sale, amortized cost	`DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss`	$673.50M	USD	Point-in-time
Short -term investments, cost	`ShortTermInvestmentsCost`	$89.50M	USD	Point-in-time
Short -term investments, cost	`ShortTermInvestmentsCost`	$99.90M	USD	Point-in-time
Premium receivable, allowance for doubtful accounts	`PremiumsReceivableAllowanceForDoubtfulAccounts`	$2.70M	USD	Point-in-time
Fixed maturities available-for-sale, at fair value (amortized cost: $665.7 million and $673.5 million as of March 31, 2023 and December 31, 2022, respectively)	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$650.30M	USD	Point-in-time
Fixed maturities available-for-sale, at fair value (amortized cost: $665.7 million and $673.5 million as of March 31, 2023 and December 31, 2022, respectively)	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$648.50M	USD	Point-in-time
Premium receivable, allowance for doubtful accounts	`PremiumsReceivableAllowanceForDoubtfulAccounts`	$2.70M	USD	Point-in-time
Short-term investments (cost: $89.5 million and $99.9 million as of March 31, 2023 and December 31, 2022, respectively)	`ShortTermInvestments`	$99.80M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Short-term investments (cost: $89.5 million and $99.9 million as of March 31, 2023 and December 31, 2022, respectively)	`ShortTermInvestments`	$89.40M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Total investments	`Investments`	$737.90M	USD	Point-in-time
Total investments	`Investments`	$750.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$286.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$254.80M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	69.45M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	69.28M	shares	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$235.00M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	69.45M	shares	Point-in-time
Premium receivable, net of allowance for credit losses of $2.7 million and $2.7 million as of March 31, 2023 and December 31, 2022, respectively	`PremiumsReceivableAtCarryingValue`	$185.00M	USD	Point-in-time
Premium receivable, net of allowance for credit losses of $2.7 million and $2.7 million as of March 31, 2023 and December 31, 2022, respectively	`PremiumsReceivableAtCarryingValue`	$179.60M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	69.28M	shares	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesOnPaidAndUnpaidLosses`	$156.80M	USD	Point-in-time
Reinsurance recoverable	`ReinsuranceRecoverablesOnPaidAndUnpaidLosses`	$153.70M	USD	Point-in-time
Prepaid reinsurance premium	`PrepaidReinsurancePremiums`	$164.50M	USD	Point-in-time
Prepaid reinsurance premium	`PrepaidReinsurancePremiums`	$159.80M	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$6.90M	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$6.90M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.80M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$19.60M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$32.50M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$29.80M	USD	Point-in-time
Goodwill	`Goodwill`	$19.00M	USD	Point-in-time
Goodwill	`Goodwill`	$19.00M	USD	Point-in-time
Other assets	`OtherAssets`	$74.50M	USD	Point-in-time
Other assets	`OtherAssets`	$75.20M	USD	Point-in-time
Total assets	`Assets`	$1.69B	USD	Point-in-time
Total assets	`Assets`	$1.64B	USD	Point-in-time
Unpaid loss and loss adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$107.60M	USD	Point-in-time
Unpaid loss and loss adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$256.20M	USD	Point-in-time
Unpaid loss and loss adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$245.20M	USD	Point-in-time
Unpaid loss and loss adjustment expense	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$97.90M	USD	Point-in-time
Unearned premium	`UnearnedPremiums`	$297.80M	USD	Point-in-time
Unearned premium	`UnearnedPremiums`	$288.00M	USD	Point-in-time
Trade payables	`AccountsPayableTradeCurrentAndNoncurrent`	$1.10M	USD	Point-in-time
Trade payables	`AccountsPayableTradeCurrentAndNoncurrent`	$1.90M	USD	Point-in-time
Funds held for reinsurance treaties	`FundsHeldUnderReinsuranceAgreementsLiability`	$136.00M	USD	Point-in-time
Funds held for reinsurance treaties	`FundsHeldUnderReinsuranceAgreementsLiability`	$129.10M	USD	Point-in-time
Deferred ceding commission	`DeferredCedingCommission`	$39.50M	USD	Point-in-time
Deferred ceding commission	`DeferredCedingCommission`	$39.70M	USD	Point-in-time
Ceded premium payable	`CededPremiumsPayable`	$20.90M	USD	Point-in-time
Ceded premium payable	`CededPremiumsPayable`	$18.40M	USD	Point-in-time
Other liabilities and accrued expenses	`AccruedLiabilitiesAndOtherLiabilities`	$84.50M	USD	Point-in-time
Other liabilities and accrued expenses	`AccruedLiabilitiesAndOtherLiabilities`	$85.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$823.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$819.40M	USD	Point-in-time
Contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.00001 par value, 200,000,000 shares authorized; 69,449,348 and 69,275,030 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.00001 par value, 200,000,000 shares authorized; 69,449,348 and 69,275,030 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.77B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.75B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-925.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-859.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-27.60M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$866.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$912.70M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$821.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$988.20M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.64B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.69B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net earned premium	`PremiumsEarnedNet`	$68.20M	USD	1 Quarter
Net earned premium	`PremiumsEarnedNet`	$27.40M	USD	1 Quarter
Ceding commission income	`CededCommissionIncome`	$17.20M	USD	1 Quarter
Ceding commission income	`CededCommissionIncome`	$14.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$5.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$900.00K	USD	1 Quarter
Commission and other income	`InsuranceCommissionsAndFees`	$2.00M	USD	1 Quarter
Commission and other income	`InsuranceCommissionsAndFees`	$4.80M	USD	1 Quarter
Total revenue	`Revenues`	$44.30M	USD	1 Quarter
Total revenue	`Revenues`	$95.20M	USD	1 Quarter
Loss and loss adjustment expense, net	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$63.60M	USD	1 Quarter
Loss and loss adjustment expense, net	`LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1`	$24.40M	USD	1 Quarter
Other insurance expense	`OtherInsuranceExpense`	$13.60M	USD	1 Quarter
Other insurance expense	`OtherInsuranceExpense`	$9.10M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$28.20M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$38.30M	USD	1 Quarter
Technology development	`ResearchAndDevelopmentExpense`	$16.90M	USD	1 Quarter
Technology development	`ResearchAndDevelopmentExpense`	$21.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$32.70M	USD	1 Quarter
Total expense	`BenefitsLossesAndExpenses`	$159.90M	USD	1 Quarter
Total expense	`BenefitsLossesAndExpenses`	$116.90M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-64.70M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-72.60M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.20M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-74.80M	USD	1 Quarter
Unrealized gain (loss) on investments in fixed maturities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-14.30M	USD	1 Quarter
Unrealized gain (loss) on investments in fixed maturities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$6.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-700.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.10M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-90.20M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-60.50M	USD	1 Quarter
Net loss per share attributable to common stockholdersbasic (usd per share)	`EarningsPerShareBasic`	$-1.21	USD	1 Quarter
Net loss per share attributable to common stockholdersbasic (usd per share)	`EarningsPerShareBasic`	$-0.95	USD	1 Quarter
Net loss per share attributable to common stockholdersdiluted (usd per share)	`EarningsPerShareDiluted`	$-0.95	USD	1 Quarter
Net loss per share attributable to common stockholdersdiluted (usd per share)	`EarningsPerShareDiluted`	$-1.21	USD	1 Quarter
Weighted average common shares outstandingbasic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	69.33M	shares	1 Quarter
Weighted average common shares outstandingbasic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.70M	shares	1 Quarter
Weighted average common shares outstandingdiluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.70M	shares	1 Quarter
Weighted average common shares outstandingdiluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.33M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-65.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-74.80M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.50M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$15.40M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$14.10M	USD	1 Quarter
Amortization of discount on bonds	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-2.50M	USD	1 Quarter
Amortization of discount on bonds	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-200.00K	USD	1 Quarter
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$2.00M	USD	1 Quarter
Provision for bad debt	`ProvisionForDoubtfulAccounts`	$2.30M	USD	1 Quarter
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$7.70M	USD	1 Quarter
Premium receivable	`IncreaseDecreaseInPremiumsReceivable`	$10.60M	USD	1 Quarter
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$-3.10M	USD	1 Quarter
Reinsurance recoverable	`IncreaseDecreaseInReinsuranceRecoverable`	$22.70M	USD	1 Quarter
Prepaid reinsurance premium	`IncreaseDecreaseInPrepaidReinsurancePremiums`	$7.10M	USD	1 Quarter
Prepaid reinsurance premium	`IncreaseDecreaseInPrepaidReinsurancePremiums`	$-4.70M	USD	1 Quarter
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$500.00K	USD	1 Quarter
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	-	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.20M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-700.00K	USD	1 Quarter
Unpaid loss and loss adjustment expense	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-11.00M	USD	1 Quarter
Unpaid loss and loss adjustment expense	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$9.70M	USD	1 Quarter
Unearned premium	`IncreaseDecreaseInUnearnedPremiumsNet`	$-14.70M	USD	1 Quarter
Unearned premium	`IncreaseDecreaseInUnearnedPremiumsNet`	$-9.80M	USD	1 Quarter
Trade payables	`IncreaseDecreaseInAccountsPayable`	$1.60M	USD	1 Quarter
Trade payables	`IncreaseDecreaseInAccountsPayable`	$800.00K	USD	1 Quarter
Funds held for reinsurance treaties	`IncreaseDecreaseInReinsurancePayables`	$5.10M	USD	1 Quarter
Funds held for reinsurance treaties	`IncreaseDecreaseInReinsurancePayables`	$-6.90M	USD	1 Quarter
Deferred ceding commissions	`IncreaseDecreaseInDeferredCedingCommissions`	$-200.00K	USD	1 Quarter
Deferred ceding commissions	`IncreaseDecreaseInDeferredCedingCommissions`	$2.30M	USD	1 Quarter
Ceded premium payable	`IncreaseDecreaseInCededPremiumsPayable`	$16.10M	USD	1 Quarter
Ceded premium payable	`IncreaseDecreaseInCededPremiumsPayable`	$2.50M	USD	1 Quarter
Other liabilities and accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$10.80M	USD	1 Quarter
Other liabilities and accrued expenses	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$600.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-46.40M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-39.50M	USD	1 Quarter
Proceeds from short-term investments sold or matured	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$44.70M	USD	1 Quarter
Proceeds from short-term investments sold or matured	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$36.60M	USD	1 Quarter
Proceeds from bonds sold or matured	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$106.90M	USD	1 Quarter
Proceeds from bonds sold or matured	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$9.20M	USD	1 Quarter
Cost of short-term investments acquired	`PaymentsToAcquireMarketableSecurities`	$23.20M	USD	1 Quarter
Cost of short-term investments acquired	`PaymentsToAcquireMarketableSecurities`	$17.90M	USD	1 Quarter
Cost of bonds acquired	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$102.30M	USD	1 Quarter
Cost of bonds acquired	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$29.10M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.70M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.80M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.10M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$15.30M	USD	1 Quarter
Proceeds from stock exercises	`ProceedsFromStockOptionsExercised`	$600.00K	USD	1 Quarter
Proceeds from stock exercises	`ProceedsFromStockOptionsExercised`	$100.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$100.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$600.00K	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-800.00K	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-700.00K	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.70M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-35.60M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$286.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$254.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$235.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$286.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$254.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$235.00M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$1.10M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$200.00K	USD	1 Quarter

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	69.45M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	69.28M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$866.80M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$912.70M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$821.80M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$988.20M	USD	Point-in-time
Exercise of stock options and distribution of restricted stock units	`StockIssuedDuringPeriodValueStockOptionsAndRestrictedStockExercised`	$100.00K	USD	1 Quarter
Exercise of stock options and distribution of restricted stock units	`StockIssuedDuringPeriodValueStockOptionsAndRestrictedStockExercised`	$600.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.40M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-65.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-74.80M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-15.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$5.30M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	69.45M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	69.28M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$866.80M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$912.70M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$821.80M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$988.20M	USD	Point-in-time

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