10-Q Filing

EXACT SCIENCES CORP CIK: 1124140 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001558370-19-003624`
Period End Date	20190331
Filing Date	20190430
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	exas-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 32 Cash Flow Statement 81 Stockholders Equity 27 Comprehensive Income 11

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, Issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$77.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$148.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$160.43M	USD	Point-in-time
Preferred stock, Issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$285.20M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$963.75M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$997.51M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$56.09M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$44.24M	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventory, net	`InventoryNet`	$39.15M	USD	Point-in-time
Inventory, net	`InventoryNet`	$44.27M	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	129.08M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$24.05M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.50M	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	123.19M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.41B	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	123.19M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	129.08M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.23B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$245.26M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$291.63M	USD	Point-in-time
Goodwill and intangibles, net	`IntangibleAssetsNetIncludingGoodwill`	$45.61M	USD	Point-in-time
Goodwill and intangibles, net	`IntangibleAssetsNetIncludingGoodwill`	$46.28M	USD	Point-in-time
Other long-term assets, net	`OtherAssetsNoncurrent`	$4.42M	USD	Point-in-time
Other long-term assets, net	`OtherAssetsNoncurrent`	$26.19M	USD	Point-in-time
Total assets	`Assets`	$1.77B	USD	Point-in-time
Total assets	`Assets`	$1.52B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$28.14M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$17.55M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$143.13M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$100.64M	USD	Point-in-time
Accrued interest	`AccruedInterest`	$1.07M	USD	Point-in-time
Accrued interest	`AccruedInterest`	$4.17M	USD	Point-in-time
Debt, current portion	`LongTermDebtCurrent`	$21.00K	USD	Point-in-time
Debt, current portion	`LongTermDebtCurrent`	$8.00K	USD	Point-in-time
Other short-term liabilities	`OtherLiabilitiesCurrent`	$3.20M	USD	Point-in-time
Other short-term liabilities	`OtherLiabilitiesCurrent`	$5.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$167.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$136.17M	USD	Point-in-time
Convertible notes, net	`ConvertibleDebtNoncurrent`	$664.75M	USD	Point-in-time
Convertible notes, net	`ConvertibleDebtNoncurrent`	$770.51M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$24.49M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$24.79M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.47M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.82M	USD	Point-in-time
Long-term obligations	`ContractualObligation`	$8.19M	USD	Point-in-time
Long-term obligations	`ContractualObligation`	$23.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$993.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$843.08M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value Authorized5,000,000 shares issued and outstandingno shares at March 31, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value Authorized5,000,000 shares issued and outstandingno shares at March 31, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value Authorized200,000,000 shares issued and outstanding129,083,822 and 123,192,540 shares at March 31, 2019 and December 31, 2018	`CommonStockValue`	$1.29M	USD	Point-in-time
Common stock, $0.01 par value Authorized200,000,000 shares issued and outstanding129,083,822 and 123,192,540 shares at March 31, 2019 and December 31, 2018	`CommonStockValue`	$1.23M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.89B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.72B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-750.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$354.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.34M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.42M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.12B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.04B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$687.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$680.94M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$520.42M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$776.94M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.52B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.77B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$162.04M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$90.30M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$43.25M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$22.91M	USD	1 Quarter
Gross margin	`GrossProfit`	$118.79M	USD	1 Quarter
Gross margin	`GrossProfit`	$67.38M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$32.02M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$14.94M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$64.03M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$35.57M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$53.41M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$90.94M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$186.99M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$103.91M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-36.53M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-68.19M	USD	1 Quarter
Investment income	`InvestmentIncomeInterest`	$3.67M	USD	1 Quarter
Investment income	`InvestmentIncomeInterest`	$6.66M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNet`	$-21.99M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNet`	$-6.51M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-15.34M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-2.84M	USD	1 Quarter
Net loss before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-39.37M	USD	1 Quarter
Net loss before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-83.53M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$59.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-470.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-39.42M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-83.06M	USD	1 Quarter
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.66	USD	1 Quarter
Net loss per share-basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.33	USD	1 Quarter
Weighted average common shares outstanding-basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	121.02M	shares	1 Quarter
Weighted average common shares outstanding-basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	126.25M	shares	1 Quarter

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Issuance of shares of common stock to fund the Company's 401(k) matching contribution	`DeferredCompensationArrangementWithIndividualSharesIssued`	86,828.00	shares	1 Quarter
Issuance of shares of common stock to fund the Company's 401(k) matching contribution	`DeferredCompensationArrangementWithIndividualSharesIssued`	86,532.00	shares	1 Quarter
Net loss	`ProfitLoss`	$-83.06M	USD	1 Quarter
Net loss	`ProfitLoss`	$-39.42M	USD	1 Quarter
Depreciation and amortization of property, plant and equipment	`DepreciationDepletionAndAmortization`	$6.32M	USD	1 Quarter
Depreciation and amortization of property, plant and equipment	`DepreciationDepletionAndAmortization`	$4.28M	USD	1 Quarter
Loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-82.00K	USD	1 Quarter
Loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-98.00K	USD	1 Quarter
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefitRelatedToAcquisitions`	$-520.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$12.46M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$16.17M	USD	1 Quarter
Loss on settlement of convertible notes	`GainLossOnSettlementOfConvertibleNotes`	$-10.56M	USD	1 Quarter
Loss on settlement of convertible notes	`GainLossOnSettlementOfConvertibleNotes`	$-10.60M	USD	Point-in-time
Non-cash lease expense	`OperatingLeaseExpense`	$845.00K	USD	1 Quarter
Amortization of liabilities	`AmortizationOfDebtDiscountPremium`	$4.54M	USD	1 Quarter
Amortization of liabilities	`AmortizationOfDebtDiscountPremium`	$8.42M	USD	1 Quarter
Amortization of premium on short-term investments	`IncreaseDecreaseInAmortizationOfPremiumOnShortTermInvestments`	$-1.31M	USD	1 Quarter
Amortization of premium on short-term investments	`IncreaseDecreaseInAmortizationOfPremiumOnShortTermInvestments`	$-515.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$810.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$612.00K	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-3.11M	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$1.41M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$11.86M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$8.16M	USD	1 Quarter
Inventory, net	`IncreaseDecreaseInInventories`	$5.12M	USD	1 Quarter
Inventory, net	`IncreaseDecreaseInInventories`	$6.35M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.81M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.55M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.59M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-3.86M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-623.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$7.89M	USD	1 Quarter
Other short-term liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-29.00K	USD	1 Quarter
Other short-term liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-60.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-2.09M	USD	1 Quarter
Long-term obligations	`IncreaseDecreaseInLongTermObligations`	$18.49M	USD	1 Quarter
Long-term obligations	`IncreaseDecreaseInLongTermObligations`	$-153.00K	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$22.73M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-74.41M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-38.52M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$628.50M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$262.89M	USD	1 Quarter
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$81.16M	USD	1 Quarter
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$232.62M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.33M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.66M	USD	1 Quarter
Internally developed software	`PaymentsToDevelopSoftware`	$62.00K	USD	1 Quarter
Internally developed software	`PaymentsToDevelopSoftware`	$140.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-562.73M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.07M	USD	1 Quarter
Proceeds from issuance of convertible notes, net	`ProceedsFromConvertibleDebt`	$729.54M	USD	1 Quarter
Proceeds from issuance of convertible notes, net	`ProceedsFromConvertibleDebt`	$671.09M	USD	1 Quarter
Proceeds from exercise of common stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$3.65M	USD	1 Quarter
Proceeds from exercise of common stock options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$1.39M	USD	1 Quarter
Payments on settlement of convertible notes	`RepaymentsOfConvertibleDebt`	$493.36M	USD	1 Quarter
Proceeds from construction loan	`ProceedsFromIssuanceOfSecuredDebt`	$295.00K	USD	1 Quarter
Payments on mortgage payable	`PaymentsOnMortgagePayable`	$45.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$240.13M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$672.44M	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$120.00K	USD	1 Quarter
Effects of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$20.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$124.77M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$71.20M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$77.49M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$148.69M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$160.43M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$285.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$77.49M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$148.69M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$160.43M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$285.20M	USD	Point-in-time
Property, plant and equipment acquired but not paid	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$12.51M	USD	1 Quarter
Property, plant and equipment acquired but not paid	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$42.12M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments, before tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$-1.61M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments, before tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$2.18M	USD	1 Quarter
Issuance of 86,532 and 86,828 shares of common stock to fund the Companys 401(k) matching contribution for 2018 and 2017, respectively	`IssuanceOfStockToFundMatchingContributions`	$7.41M	USD	1 Quarter
Issuance of 86,532 and 86,828 shares of common stock to fund the Companys 401(k) matching contribution for 2018 and 2017, respectively	`IssuanceOfStockToFundMatchingContributions`	$4.30M	USD	1 Quarter
Issuance of 2,158,991 shares of common stock upon settlement of convertible notes	`StockIssued1`	$182.44M	USD	1 Quarter
Retirement of equity component of convertible notes settled	`RetirementOfEquityComponentOfConvertibleNotesSettled`	$-300.77M	USD	1 Quarter
Interest paid	`InterestPaid`	$48.00K	USD	1 Quarter
Interest paid	`InterestPaid`	$5.21M	USD	1 Quarter

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$687.02M	USD	Point-in-time
Balance	`StockholdersEquity`	$680.94M	USD	Point-in-time
Balance	`StockholdersEquity`	$520.42M	USD	Point-in-time
Balance	`StockholdersEquity`	$776.94M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	123.19M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	129.08M	shares	Point-in-time
Equity component of convertible notes, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$268.39M	USD	1 Quarter
Equity component of convertible notes, net of issuance costs	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$189.46M	USD	1 Quarter
Shares issued to settle convertible notes	`StockIssued1`	$182.44M	USD	1 Quarter
Shares issued to settle convertible notes (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	2.16M	shares	1 Quarter
Settlement of convertible notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-300.77M	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.39M	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.65M	USD	1 Quarter
Issuance of common stock to fund the Company's 401(k) match	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$7.41M	USD	1 Quarter
Issuance of common stock to fund the Company's 401(k) match	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$4.30M	USD	1 Quarter
Compensation expense related to issuance of stock options and restricted stock awards	`CompensationExpenseRelatedToIssuanceOfStockOptionsAndRestrictedStockAwardsValues`	$-12.46M	USD	1 Quarter
Compensation expense related to issuance of stock options and restricted stock awards	`CompensationExpenseRelatedToIssuanceOfStockOptionsAndRestrictedStockAwardsValues`	$-16.17M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-39.42M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-83.06M	USD	1 Quarter
Accumulated other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.59M	USD	1 Quarter
Accumulated other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.78M	USD	1 Quarter
Balance	`StockholdersEquity`	$687.02M	USD	Point-in-time
Balance	`StockholdersEquity`	$680.94M	USD	Point-in-time
Balance	`StockholdersEquity`	$520.42M	USD	Point-in-time
Balance	`StockholdersEquity`	$776.94M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	123.19M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	129.08M	shares	Point-in-time

Comprehensive Income 11 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-39.42M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-83.06M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$2.18M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-1.61M	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$120.00K	USD	1 Quarter
Foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$20.00K	USD	1 Quarter
Comprehensive loss, before tax	`ComprehensiveIncomeLossBeforeTax`	$-41.01M	USD	1 Quarter
Comprehensive loss, before tax	`ComprehensiveIncomeLossBeforeTax`	$-80.76M	USD	1 Quarter
Income tax expense related to items of other comprehensive income	`OtherComprehensiveIncomeLossTax`	$520.00K	USD	1 Quarter
Comprehensive loss, net of tax	`ComprehensiveIncomeNetOfTax`	$-41.01M	USD	1 Quarter
Comprehensive loss, net of tax	`ComprehensiveIncomeNetOfTax`	$-81.28M	USD	1 Quarter

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