10-Q Filing

Stride, Inc. CIK: 1157408 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001558370-20-011754`
Period End Date	20200930
Filing Date	20201027
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	lrn-20200930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 95 Income Statement 30 Cash Flow Statement 69 Stockholders Equity 22 Comprehensive Income 6

Balance Sheet 95 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance (in dollars)	`AllowanceForDoubtfulAccountsReceivable`	$6.81M	USD	Point-in-time
Accounts receivable, allowance (in dollars)	`AllowanceForDoubtfulAccountsReceivable`	$18.48M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$308.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$165.94M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$212.30M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable, net of allowance of $18,483 and $6,808	`AccountsReceivableNetCurrent`	$419.62M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $18,483 and $6,808	`AccountsReceivableNetCurrent`	$236.13M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories, net	`InventoryNet`	$28.30M	USD	Point-in-time
Inventories, net	`InventoryNet`	$24.01M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$33.34M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$13.06M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.75M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.48M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.87M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$805.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$501.27M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.34M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	41.01M	shares	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$107.75M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$111.77M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	41.54M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$38.67M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$70.15M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	5.33M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	5.33M	shares	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$48.49M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$49.26M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$48.85M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$48.93M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$77.45M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$75.36M	USD	Point-in-time
Goodwill	`Goodwill`	$174.94M	USD	Point-in-time
Goodwill	`Goodwill`	$174.52M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$73.01M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$71.82M	USD	Point-in-time
Total assets	`Assets`	$1.07B	USD	Point-in-time
Total assets	`Assets`	$1.40B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$40.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$91.96M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$25.78M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$27.35M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$47.23M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$27.60M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$24.42M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$55.37M	USD	Point-in-time
Credit facility	`LinesOfCreditCurrent`	$100.00M	USD	Point-in-time
Current portion of finance lease liability	`FinanceLeaseLiabilityCurrent`	$14.63M	USD	Point-in-time
Current portion of finance lease liability	`FinanceLeaseLiabilityCurrent`	$13.30M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$20.69M	USD	Point-in-time
Current portion of operating lease liability	`OperatingLeaseLiabilityCurrent`	$20.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$273.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$235.99M	USD	Point-in-time
Long-term finance lease liability	`FinanceLeaseLiabilityNoncurrent`	$4.63M	USD	Point-in-time
Long-term finance lease liability	`FinanceLeaseLiabilityNoncurrent`	$18.16M	USD	Point-in-time
Long-term operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$91.62M	USD	Point-in-time
Long-term operating lease liability	`OperatingLeaseLiabilityNoncurrent`	$96.54M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$287.81M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$35.87M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$13.77M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$16.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$397.93M	USD	Point-in-time
Total liabilities	`Liabilities`	$685.46M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.0001; 10,000,000 shares authorized; zero shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.0001; 10,000,000 shares authorized; zero shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 46,872,975 and 46,341,627 shares issued; and 41,538,232 and 41,006,884 shares outstanding	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 46,872,975 and 46,341,627 shares issued; and 41,538,232 and 41,006,884 shares outstanding	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$768.23M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$730.76M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$93.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-99.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$53.37M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$46.95M	USD	Point-in-time
Treasury stock of 5,334,743 shares at cost	`TreasuryStockValue`	$102.48M	USD	Point-in-time
Treasury stock of 5,334,743 shares at cost	`TreasuryStockValue`	$102.48M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$719.02M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$624.71M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$633.37M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$675.33M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.07B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.40B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$257.12M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerIncludingAssessedTax`	$370.96M	USD	1 Quarter
Instructional costs and services	`CostOfGoodsAndServicesSold`	$241.07M	USD	1 Quarter
Instructional costs and services	`CostOfGoodsAndServicesSold`	$169.36M	USD	1 Quarter
Gross margin	`GrossProfit`	$129.89M	USD	1 Quarter
Gross margin	`GrossProfit`	$87.76M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$107.15M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$117.83M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-19.39M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$12.06M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-2.11M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$910.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-8.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$429.00K	USD	1 Quarter
Income (loss) before income taxes and loss from equity method investments	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-18.49M	USD	1 Quarter
Income (loss) before income taxes and loss from equity method investments	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.39M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-8.82M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-2.38M	USD	1 Quarter
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-96.00K	USD	1 Quarter
Loss from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-62.00K	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-9.73M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$12.67M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.25	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.25	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.99M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.29M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.19M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.29M	shares	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$12.67M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-9.73M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$18.28M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$17.15M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$8.89M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$5.52M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$8.06M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.78M	USD	1 Quarter
Provision for (recovery of) doubtful accounts	`ProvisionForDoubtfulAccounts`	$4.88M	USD	1 Quarter
Provision for (recovery of) doubtful accounts	`ProvisionForDoubtfulAccounts`	$-280.00K	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$308.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$165.94M	USD	Point-in-time
Amortization of discount and fees on debt	`AmortizationOfFinancingCostsAndDiscounts`	$1.22M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$212.30M	USD	Point-in-time
Other	`OtherOperatingActivitiesCashFlowStatement`	$4.14M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$10.79M	USD	1 Quarter
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$284.62M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.44M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$309.78M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$213.30M	USD	Point-in-time
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$196.95M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$75.77M	USD	1 Quarter
Inventories, prepaid expenses, deposits and other current and long-term assets	`IncreaseDecreaseInInventoriesPrepaidExpensesAndOtherAssets`	$8.94M	USD	1 Quarter
Inventories, prepaid expenses, deposits and other current and long-term assets	`IncreaseDecreaseInInventoriesPrepaidExpensesAndOtherAssets`	$23.98M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.40M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$30.89M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-266.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.88M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-19.63M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-23.04M	USD	1 Quarter
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.07M	USD	1 Quarter
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-5.17M	USD	1 Quarter
Deferred revenue and other liabilities	`IncreaseDecreaseInContractWithCustomerLiabilityAndOtherLiabilities`	$5.09M	USD	1 Quarter
Deferred revenue and other liabilities	`IncreaseDecreaseInContractWithCustomerLiabilityAndOtherLiabilities`	$37.39M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-86.81M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-114.53M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.11M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.25M	USD	1 Quarter
Capitalized software development costs	`PaymentsForSoftware`	$7.20M	USD	1 Quarter
Capitalized software development costs	`PaymentsForSoftware`	$7.20M	USD	1 Quarter
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$8.53M	USD	1 Quarter
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$4.49M	USD	1 Quarter
Sale of long-lived assets	`ProceedsFromSaleOfProductiveAssets`	$223.00K	USD	1 Quarter
Other acquisitions and investments, net of distributions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.28M	USD	1 Quarter
Other acquisitions and investments, net of distributions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.11M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.69M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.25M	USD	1 Quarter
Repayments on finance lease obligations	`FinanceLeasePrincipalPayments`	$5.67M	USD	1 Quarter
Repayments on finance lease obligations	`FinanceLeasePrincipalPayments`	$7.46M	USD	1 Quarter
Repayments on credit facility	`RepaymentsOfLinesOfCredit`	$100.00M	USD	1 Quarter
Issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	$409.39M	USD	1 Quarter
Purchases of capped calls in connection with convertible senior notes	`PurchasesOfCappedCallsInConnectionWithConvertibleSeniorNotes`	$60.35M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$32.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$42.00K	USD	1 Quarter
Withholding of stock options for tax withholding	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.88M	USD	1 Quarter
Repurchase of restricted stock for income tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$4.70M	USD	1 Quarter
Repurchase of restricted stock for income tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$5.81M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$226.71M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.12M	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$96.48M	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-117.18M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$284.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$309.78M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$213.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$284.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$309.78M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$213.30M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$719.02M	USD	Point-in-time
Balance	`StockholdersEquity`	$624.71M	USD	Point-in-time
Balance	`StockholdersEquity`	$633.37M	USD	Point-in-time
Balance	`StockholdersEquity`	$675.33M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-9.73M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$12.67M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$139.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-192.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.01M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.59M	USD	1 Quarter
Exercise of stock options	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$32.00K	USD	1 Quarter
Exercise of stock options	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$42.00K	USD	1 Quarter
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	948,867.00	shares	1 Quarter
Withholding of stock options and repurchase of restricted stock for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.88M	USD	1 Quarter
Equity component of convertible senior notes, net of issuance costs and taxes	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$105.48M	USD	1 Quarter
Purchases of capped calls in connection with convertible senior notes	`PurchasesOfCappedCallsInConnectionWithConvertibleSeniorNotes`	$60.35M	USD	1 Quarter
Repurchase of restricted stock for tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$4.70M	USD	1 Quarter
Repurchase of restricted stock for tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$5.81M	USD	1 Quarter
Balance	`StockholdersEquity`	$719.02M	USD	Point-in-time
Balance	`StockholdersEquity`	$624.71M	USD	Point-in-time
Balance	`StockholdersEquity`	$633.37M	USD	Point-in-time
Balance	`StockholdersEquity`	$675.33M	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$12.67M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-9.73M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-192.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$139.00K	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$12.47M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-9.59M	USD	1 Quarter

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