10-Q Filing

Zoom Communications, Inc. CIK: 1585521 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001585521-20-000238`
Period End Date	20200731
Filing Date	20200903
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	zm-20200731_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 72 Cash Flow Statement 83 Stockholders Equity 41 Comprehensive Income 12

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$748.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$283.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$213.89M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecurities`	$733.00M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecurities`	$572.06M	USD	Point-in-time
Accounts receivable, net of allowances of $26,161 and $7,634 as of July 31, 2020 and January 31, 2020, respectively	`AccountsReceivableNetCurrent`	$120.44M	USD	Point-in-time
Accounts receivable, net of allowances of $26,161 and $7,634 as of July 31, 2020 and January 31, 2020, respectively	`AccountsReceivableNetCurrent`	$295.33M	USD	Point-in-time
Deferred contract acquisition costs, current	`CapitalizedContractCostNetCurrent`	$44.88M	USD	Point-in-time
Deferred contract acquisition costs, current	`CapitalizedContractCostNetCurrent`	$111.55M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$26.16M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.63M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$343.29M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$75.01M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.10B	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
Total current assets	`AssetsCurrent`	$2.23B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$152.59M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$46.24M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$57.14M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$91.29M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$65.30M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$68.61M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Goodwill	`Goodwill`	$24.34M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$22.33M	USD	Point-in-time
Other assets, noncurrent	`OtherAssetsNoncurrent`	$59.32M	USD	Point-in-time
Total assets	`Assets`	$2.62B	USD	Point-in-time
Total assets	`Assets`	$1.29B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.62M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.60M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$122.69M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$560.19M	USD	Point-in-time
Customer deposits liabilities	`ContractWithCustomerLiabilityCurrent`	$209.54M	USD	Point-in-time
Customer deposits liabilities	`ContractWithCustomerLiabilityCurrent`	$714.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$333.83M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.29B	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$20.99M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$28.09M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$63.10M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$64.79M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$36.29M	USD	Point-in-time
Other liabilities, noncurrent	`OtherLiabilitiesNoncurrent`	$47.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$455.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.43B	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value per share, 2,000,000,000 Class A shares authorized as of July 31, 2020 and January 31, 2020; 194,145,480 and 123,391,114 shares issued and outstanding as of July 31, 2020 and January 31, 2020, respectively; 300,000,000 Class B shares authorized as of July 31, 2020 and January 31, 2020; 90,197,239 and 155,336,747 shares issued and outstanding as of July 31, 2020 and January 31, 2020, respectively	`CommonStockValue`	$277.00K	USD	Point-in-time
Common stock, $0.001 par value per share, 2,000,000,000 Class A shares authorized as of July 31, 2020 and January 31, 2020; 194,145,480 and 123,391,114 shares issued and outstanding as of July 31, 2020 and January 31, 2020, respectively; 300,000,000 Class B shares authorized as of July 31, 2020 and January 31, 2020; 90,197,239 and 155,336,747 shares issued and outstanding as of July 31, 2020 and January 31, 2020, respectively	`CommonStockValue`	$283.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$982.54M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$832.71M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$809.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.77M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$213.22M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$152.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$719.73M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$743.80M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-7.44M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$833.94M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$901.63M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.20B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.62B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.29B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$267.81M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$145.83M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$663.52M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$991.69M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$192.27M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$52.00M	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$27.90M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$295.98M	USD	2 Qtrs
Gross profit	`GrossProfit`	$471.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$117.93M	USD	1 Quarter
Gross profit	`GrossProfit`	$695.71M	USD	2 Qtrs
Gross profit	`GrossProfit`	$215.81M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$15.05M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$28.84M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$69.12M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$42.73M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$79.65M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$159.17M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$143.69M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$280.73M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$39.46M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$81.24M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$134.37M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$20.95M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$211.99M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$283.14M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$115.66M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$484.22M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$211.49M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$2.27M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$188.10M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.82M	USD	2 Qtrs
Interest income and other, net	`InterestIncomeExpenseNonoperatingNet`	$4.49M	USD	1 Quarter
Interest income and other, net	`InterestIncomeExpenseNonoperatingNet`	$5.46M	USD	2 Qtrs
Interest income and other, net	`InterestIncomeExpenseNonoperatingNet`	$7.87M	USD	2 Qtrs
Interest income and other, net	`InterestIncomeExpenseNonoperatingNet`	$2.08M	USD	1 Quarter
Net income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.76M	USD	1 Quarter
Net income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$190.19M	USD	1 Quarter
Net income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.29M	USD	2 Qtrs
Net income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$219.36M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.53M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.22M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.30M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$185.99M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.75M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$213.06M	USD	2 Qtrs
Undistributed earnings attributable to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$2.79M	USD	2 Qtrs
Undistributed earnings attributable to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$305.00K	USD	2 Qtrs
Undistributed earnings attributable to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$20.00K	USD	1 Quarter
Undistributed earnings attributable to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$247.00K	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$212.76M	USD	2 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$4.96M	USD	2 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$185.74M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.52M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.76	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.66	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.72	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	281.39M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	282.85M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	271.81M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	192.13M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	215.77M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	296.41M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	297.16M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	292.19M	shares	1 Quarter

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$5.54M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$185.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$7.75M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$213.06M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$24.74M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$85.63M	USD	2 Qtrs
Amortization of deferred contract acquisition costs	`AmortizationOfAcquisitionCosts`	$16.03M	USD	2 Qtrs
Amortization of deferred contract acquisition costs	`AmortizationOfAcquisitionCosts`	$40.78M	USD	2 Qtrs
Charitable donation of common stock	`DonationOfCommonStockToCharitableFoundation`	$23.31M	USD	2 Qtrs
Charitable donation of common stock	`DonationOfCommonStockToCharitableFoundation`	-	USD	2 Qtrs
Provision for accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$14.96M	USD	2 Qtrs
Provision for accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$2.69M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.17M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.81M	USD	2 Qtrs
Non-cash operating lease cost	`OperatingLeaseRightOfUseAssetAmortization`	$4.60M	USD	2 Qtrs
Non-cash operating lease cost	`OperatingLeaseRightOfUseAssetAmortization`	$3.12M	USD	2 Qtrs
Remeasurement gain on equity investment	`EquityMethodInvestmentRealizedGainLossOnRemeasurement`	$2.54M	USD	2 Qtrs
Remeasurement gain on equity investment	`EquityMethodInvestmentRealizedGainLossOnRemeasurement`	-	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$2.03M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-514.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$196.93M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$35.36M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$23.60M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$53.73M	USD	2 Qtrs
Deferred contract acquisition costs	`IncreaseDecreaseInDeferredContractAcquisitionCosts`	$213.79M	USD	2 Qtrs
Deferred contract acquisition costs	`IncreaseDecreaseInDeferredContractAcquisitionCosts`	$33.70M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.87M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.78M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$202.07M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$34.92M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$56.23M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$519.15M	USD	2 Qtrs
Operating lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiabilitiesNet`	$-979.00K	USD	2 Qtrs
Operating lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiabilitiesNet`	$-3.29M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$53.41M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$660.31M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$484.88M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$478.49M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$50.94M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$287.34M	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$36.90M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$35.25M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.94M	USD	2 Qtrs
Cash paid for acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$26.49M	USD	2 Qtrs
Cash paid for acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Purchase of equity investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Purchase of equity investment	`PaymentsToAcquireEquityMethodInvestments`	$8.00M	USD	2 Qtrs
Purchase of convertible promissory note	`PurchaseOfConvertiblePromissoryNote`	-	USD	2 Qtrs
Purchase of convertible promissory note	`PurchaseOfConvertiblePromissoryNote`	$5.00M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.49M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	2 Qtrs
Collections of employee loans	`ProceedsForLoansToEmployees`	-	USD	2 Qtrs
Collections of employee loans	`ProceedsForLoansToEmployees`	$1.32M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-235.56M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-448.48M	USD	2 Qtrs
Proceeds from employee equity transactions to be remitted to employees and tax authorities, net	`IncreaseDecreaseInEmployeeRelatedLiabilities`	-	USD	2 Qtrs
Proceeds from employee equity transactions to be remitted to employees and tax authorities, net	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$234.47M	USD	2 Qtrs
Proceeds from issuance of common stock for employee stock purchase plan	`ProceedsFromStockPlans`	$20.76M	USD	2 Qtrs
Proceeds from issuance of common stock for employee stock purchase plan	`ProceedsFromStockPlans`	-	USD	2 Qtrs
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$17.42M	USD	2 Qtrs
Proceeds from exercise of stock options, net of repurchases	`ProceedsFromStockOptionsExercised`	$2.19M	USD	2 Qtrs
Proceeds from initial public offering and private placement, net of underwriting discounts and commissions and other offering costs	`ProceedsFromIssuanceInitialPublicOfferingAndPrivatePlacement`	$542.95M	USD	2 Qtrs
Proceeds from initial public offering and private placement, net of underwriting discounts and commissions and other offering costs	`ProceedsFromIssuanceInitialPublicOfferingAndPrivatePlacement`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$545.14M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$272.64M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$150.06M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$697.39M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.97M	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$216.03M	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$334.08M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.97M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$216.03M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$334.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$748.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$283.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$213.89M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.97M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$216.03M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$334.08M	USD	Point-in-time

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$719.73M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$743.80M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-7.44M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$833.94M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$901.63M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.20B	USD	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	4.83M	shares	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.96M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$159.55M	USD	2 Qtrs
Issuance of common stock upon release of restricted stock units	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	-	USD	1 Quarter
Issuance of common stock for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$20.76M	USD	2 Qtrs
Issuance of common stock for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$20.76M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$15.34M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$421.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$17.68M	USD	2 Qtrs
Issuance of common stock upon initial public offering and private placement, net of underwriting discounts and commissions and other offering costs	`StockIssuedDuringPeriodValueNewIssues`	$541.50M	USD	2 Qtrs
Issuance of common stock upon release of restricted stock units	`StockIssuedDuringPeriodValueConversionOfConvertiblePromissoryNotesAndAccruedInterestToCommonStockUponInitialPublicOffering`	-	USD	2 Qtrs
Issuance of common stock upon release of restricted stock units	`StockIssuedDuringPeriodValueConversionOfConvertiblePromissoryNotesAndAccruedInterestToCommonStockUponInitialPublicOffering`	-	USD	1 Quarter
Issuance of common stock upon exercise of stock options, net of repurchases	`StockIssuedDuringPeriodValueIssuanceOfCommonStockUponExerciseOfStockOptionsNetOfRepurchases`	$23.31M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options, net of repurchases	`StockIssuedDuringPeriodValueIssuanceOfCommonStockUponExerciseOfStockOptionsNetOfRepurchases`	$2.17M	USD	2 Qtrs
Issuance of common stock reserved for charitable donation (in shares)	`StockIssuedDuringPeriodSharesCharitableDonation`	500,000.00	shares	2 Qtrs
Charitable donation of common stock	`StockIssuedDuringPeriodValueCharitableDonation`	-	USD	2 Qtrs
Charitable donation of common stock	`StockIssuedDuringPeriodValueCharitableDonation`	$22.31M	USD	1 Quarter
Charitable donation of common stock	`StockIssuedDuringPeriodValueCharitableDonation`	$88.09M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.18M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.96M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.84M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$59.28M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-76.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$67.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$885.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.54M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$185.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$7.75M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$213.06M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$719.73M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$743.80M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-7.44M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$833.94M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$901.63M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.20B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$5.54M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$185.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$7.75M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$213.06M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$885.00K	USD	1 Quarter
Unrealized gain (loss) on available-for-sale marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$67.00K	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-76.00K	USD	1 Quarter
Unrealized gain (loss) on available-for-sale marketable securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.96M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.46M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.82M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$186.87M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$215.03M	USD	2 Qtrs

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