10-Q Filing

PALO ALTO NETWORKS INC CIK: 1327567 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001327567-19-000016`
Period End Date	20190430
Filing Date	20190530
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	panw-20190430.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 60 Cash Flow Statement 76 Stockholders Equity 45 Comprehensive Income 20

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$800.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.31B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$949.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.51B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$896.50M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.73B	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $0.8 and $1.2 at April 30, 2019 and July 31, 2018, respectively	`AccountsReceivableNetCurrent`	$407.50M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $0.8 and $1.2 at April 30, 2019 and July 31, 2018, respectively	`AccountsReceivableNetCurrent`	$467.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$268.10M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$261.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.72B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.14B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$275.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$273.10M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$547.50M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$669.90M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Goodwill	`Goodwill`	$1.03B	USD	Point-in-time
Goodwill	`Goodwill`	$522.80M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$234.20M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$140.80M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$337.90M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	93.60M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$326.20M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	95.90M	shares	Point-in-time
Total assets	`Assets`	$6.26B	USD	Point-in-time
Total assets	`Assets`	$5.95B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	93.60M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	95.90M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$68.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$49.40M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$163.70M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$144.00M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$178.50M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$124.60M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.45B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.21B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtCurrent`	$550.40M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtCurrent`	$158.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.00B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.10B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$1.37B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleDebtNoncurrent`	$1.41B	USD	Point-in-time
Long-term deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$1.18B	USD	Point-in-time
Long-term deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$1.07B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$229.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$211.10M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Temporary equity	`TemporaryEquityCarryingAmountAttributableToParent`	$1.10M	USD	Point-in-time
Temporary equity	`TemporaryEquityCarryingAmountAttributableToParent`	$21.90M	USD	Point-in-time
Preferred stock; $0.0001 par value; 100.0 shares authorized; none issued and outstanding at April 30, 2019 and July 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock; $0.0001 par value; 100.0 shares authorized; none issued and outstanding at April 30, 2019 and July 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock and additional paid-in capital; $0.0001 par value; 1,000.0 shares authorized; 95.9 and 93.6 shares issued and outstanding at April 30, 2019 and July 31, 2018, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$2.34B	USD	Point-in-time
Common stock and additional paid-in capital; $0.0001 par value; 1,000.0 shares authorized; 95.9 and 93.6 shares issued and outstanding at April 30, 2019 and July 31, 2018, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$1.97B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-880.10M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-790.70M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.45B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.16B	USD	Point-in-time
Total liabilities, temporary equity, and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.95B	USD	Point-in-time
Total liabilities, temporary equity, and stockholders equity	`LiabilitiesAndStockholdersEquity`	$6.26B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$726.60M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.09B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$567.70M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.62B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$460.60M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$204.90M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$591.00M	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$159.90M	USD	1 Quarter
Total gross profit	`GrossProfit`	$1.50B	USD	3 Qtrs
Total gross profit	`GrossProfit`	$521.70M	USD	1 Quarter
Total gross profit	`GrossProfit`	$407.80M	USD	1 Quarter
Total gross profit	`GrossProfit`	$1.15B	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$139.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$99.60M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$290.40M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$380.80M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$973.60M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$339.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$271.40M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$784.30M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$62.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$192.60M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$201.10M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$82.10M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.55B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$540.40M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.28B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$453.10M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-18.70M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-45.30M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-121.30M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-44.20M	USD	3 Qtrs
Interest expense	`InterestExpense`	$19.20M	USD	3 Qtrs
Interest expense	`InterestExpense`	$20.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$63.90M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpenseNet`	$18.30M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpenseNet`	$8.60M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpenseNet`	$47.20M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpenseNet`	$18.20M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-60.90M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-43.20M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-122.20M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-21.10M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-2.80M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$7.00M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$200.00K	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-900.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-129.20M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-40.40M	USD	1 Quarter
Net loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.21	USD	1 Quarter
Net loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.42	USD	3 Qtrs
Net loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.65	USD	3 Qtrs
Net loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.44	USD	1 Quarter
Weighted-average shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	94.10M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	94.40M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	91.30M	shares	3 Qtrs
Weighted-average shares used to compute net loss per share, basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	91.90M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-20.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-129.20M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-40.40M	USD	1 Quarter
Share-based compensation for equity-based awards	`ShareBasedCompensation`	$417.50M	USD	3 Qtrs
Share-based compensation for equity-based awards	`ShareBasedCompensation`	$373.10M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$111.60M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$68.00M	USD	3 Qtrs
Cease-use loss related to facility exit	`BusinessExitCosts1`	$41.10M	USD	3 Qtrs
Cease-use loss related to facility exit	`BusinessExitCosts1`	$4.10M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$57.20M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$37.70M	USD	1 Quarter
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$147.60M	USD	3 Qtrs
Amortization of deferred contract costs	`CapitalizedContractCostAmortization`	$101.90M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$53.60M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$19.20M	USD	3 Qtrs
Amortization of investment premiums, net of accretion of purchase discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-600.00K	USD	3 Qtrs
Amortization of investment premiums, net of accretion of purchase discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$13.00M	USD	3 Qtrs
Loss on conversions of convertible senior notes	`GainsLossesOnExtinguishmentOfDebt`	$-2.60M	USD	3 Qtrs
Loss on conversions of convertible senior notes	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Repayments of convertible senior notes attributable to debt discount	`RepaymentsOfConvertibleDebtDebtDiscount`	$67.10M	USD	3 Qtrs
Repayments of convertible senior notes attributable to debt discount	`RepaymentsOfConvertibleDebtDebtDiscount`	-	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-71.80M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-63.80M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$177.10M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$164.40M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$23.20M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.60M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-22.70M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-24.40M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$41.90M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-10.70M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$339.10M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$378.20M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$760.50M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$824.10M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$2.43B	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$387.90M	USD	3 Qtrs
Proceeds from sales of investments	`Proceedsfromthesaleofinvestments`	$3.50M	USD	3 Qtrs
Proceeds from sales of investments	`Proceedsfromthesaleofinvestments`	-	USD	3 Qtrs
Proceeds from maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$1.51B	USD	3 Qtrs
Proceeds from maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$531.00M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$370.10M	USD	3 Qtrs
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$382.80M	USD	3 Qtrs
Purchases of property, equipment, and other assets	`PaymentsToAcquireProductiveAssets`	$78.10M	USD	3 Qtrs
Purchases of property, equipment, and other assets	`PaymentsToAcquireProductiveAssets`	$86.60M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-313.60M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.38B	USD	3 Qtrs
Repayments of convertible senior notes attributable to principal and equity component	`RepaymentsOfConvertibleDebtDebtPrincipalandEquityComponent`	-	USD	3 Qtrs
Repayments of convertible senior notes attributable to principal and equity component	`RepaymentsOfConvertibleDebtDebtPrincipalandEquityComponent`	$348.50M	USD	3 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.70M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$330.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$259.10M	USD	3 Qtrs
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$52.60M	USD	3 Qtrs
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$70.30M	USD	3 Qtrs
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$34.30M	USD	3 Qtrs
Payments for taxes related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$24.60M	USD	3 Qtrs
Payment of deferred consideration related to prior year business acquisition	`PaymentsOfMergerRelatedCostsFinancingActivities`	$1.30M	USD	3 Qtrs
Payment of deferred consideration related to prior year business acquisition	`PaymentsOfMergerRelatedCostsFinancingActivities`	-	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-637.80M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-240.80M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$206.10M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.19B	USD	3 Qtrs
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$951.60M	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.51B	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Cash, cash equivalents, and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$745.50M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$951.60M	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.51B	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Cash, cash equivalents, and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$745.50M	USD	Point-in-time
Equity consideration for business acquisitions	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$225.90M	USD	3 Qtrs
Equity consideration for business acquisitions	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	-	USD	3 Qtrs
Property and equipment acquired through lease incentives	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	3 Qtrs
Property and equipment acquired through lease incentives	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$37.80M	USD	3 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	93.60M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	95.90M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$927.80M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.16B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.45B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$811.40M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$906.70M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-20.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-129.20M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-40.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.60M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$9.20M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-9.80M	USD	3 Qtrs
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$36.60M	USD	1 Quarter
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$53.00M	USD	3 Qtrs
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$70.50M	USD	3 Qtrs
Issuance of common stock in connection with employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$29.40M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$24.60M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$34.30M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.40M	USD	1 Quarter
Taxes paid related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.60M	USD	1 Quarter
Share-based compensation for equity-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$140.40M	USD	1 Quarter
Share-based compensation for equity-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$423.00M	USD	3 Qtrs
Share-based compensation for equity-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$376.90M	USD	3 Qtrs
Share-based compensation for equity-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$117.90M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$250.00M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$330.00M	USD	3 Qtrs
Settlement of convertible notes	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments`	$12.20M	USD	3 Qtrs
Issuance of common and restricted common stock in connection with acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$225.90M	USD	3 Qtrs
Issuance of common and restricted common stock in connection with acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$224.20M	USD	1 Quarter
Temporary equity reclassification	`AdjustmentsToAdditionalPaidInCapitalReclassificationToTemporaryEquityFromConvertibleDebt`	$1.70M	USD	1 Quarter
Temporary equity reclassification	`AdjustmentsToAdditionalPaidInCapitalReclassificationToTemporaryEquityFromConvertibleDebt`	$5.80M	USD	1 Quarter
Temporary equity reclassification	`AdjustmentsToAdditionalPaidInCapitalReclassificationToTemporaryEquityFromConvertibleDebt`	$-27.70M	USD	3 Qtrs
Temporary equity reclassification	`AdjustmentsToAdditionalPaidInCapitalReclassificationToTemporaryEquityFromConvertibleDebt`	$20.80M	USD	3 Qtrs
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	93.60M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	95.90M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$927.80M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.16B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.45B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$811.40M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$906.70M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-20.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-129.20M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.10M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-40.40M	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-9.10M	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$8.10M	USD	3 Qtrs
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.90M	USD	1 Quarter
Change in unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.40M	USD	1 Quarter
Change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-700.00K	USD	3 Qtrs
Change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$1.10M	USD	3 Qtrs
Change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$200.00K	USD	1 Quarter
Change in unrealized gains (losses) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-4.10M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.20M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.80M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.60M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-46.40M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-51.90M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-17.60M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-139.00M	USD	3 Qtrs

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