10-Q Filing

ZSCALER, INC. CIK: 1713683 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001713683-21-000238`
Period End Date	20211031
Filing Date	20211208
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	zs-20211031_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 36 Cash Flow Statement 74 Stockholders Equity 23 Comprehensive Income 14

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	138.66M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	140.03M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$275.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$371.70M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$1.23B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	140.03M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	138.66M	shares	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$1.21B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$172.03M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$257.11M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$62.07M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$57.37M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$31.27M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.86B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.85B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$108.58M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$113.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$44.34M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$44.15M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$154.04M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$149.66M	USD	Point-in-time
Acquired intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$32.13M	USD	Point-in-time
Acquired intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$29.90M	USD	Point-in-time
Goodwill	`Goodwill`	$58.98M	USD	Point-in-time
Goodwill	`Goodwill`	$58.98M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$15.65M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$15.61M	USD	Point-in-time
Total assets	`Assets`	$2.27B	USD	Point-in-time
Total assets	`Assets`	$2.26B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.55M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$22.86M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$22.91M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$93.62M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$72.67M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$584.33M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$571.29M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$19.84M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$20.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$715.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$720.21M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$927.01M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$913.54M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$59.31M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$63.49M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$31.23M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$30.53M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$4.45M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$4.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.73B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.74B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock; $0.001 par value; 1,000,000 shares authorized as of October 31, 2021 and July 31, 2021; 140,032 and 138,662 shares issued and outstanding as of October 31, 2021 and July 31, 2021, respectively	`CommonStockValue`	$139.00K	USD	Point-in-time
Common stock; $0.001 par value; 1,000,000 shares authorized as of October 31, 2021 and July 31, 2021; 140,032 and 138,662 shares issued and outstanding as of October 31, 2021 and July 31, 2021, respectively	`CommonStockValue`	$140.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.13B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.23B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.76M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-650.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-601.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-692.40M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$528.89M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$530.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$484.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$492.11M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.27B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.26B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$230.52M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$142.58M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$52.17M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$31.73M	USD	1 Quarter
Gross profit	`GrossProfit`	$178.35M	USD	1 Quarter
Gross profit	`GrossProfit`	$110.85M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$153.79M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$96.89M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$35.77M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$65.22M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$20.86M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$33.72M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$252.72M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$153.52M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-42.67M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-74.37M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$473.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$940.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$13.84M	USD	1 Quarter
Interest expense	`InterestExpense`	$13.05M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-589.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$268.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-54.51M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-88.32M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.48M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$498.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.01M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-90.80M	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.41	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.65	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.41	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.65	USD	1 Quarter
Weighted-average shares used in computing net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	139.30M	shares	1 Quarter
Weighted-average shares used in computing net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	133.45M	shares	1 Quarter
Weighted-average shares used in computing net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	133.45M	shares	1 Quarter
Weighted-average shares used in computing net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	139.30M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-55.01M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-90.80M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$6.09M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$9.02M	USD	1 Quarter
Amortization expense of acquired intangible assets	`AmortizationOfIntangibleAssets`	$1.58M	USD	1 Quarter
Amortization expense of acquired intangible assets	`AmortizationOfIntangibleAssets`	$2.23M	USD	1 Quarter
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$14.91M	USD	1 Quarter
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$8.68M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$12.69M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$13.48M	USD	1 Quarter
Non-cash operating lease costs	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$6.03M	USD	1 Quarter
Non-cash operating lease costs	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$4.51M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$57.19M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$89.90M	USD	1 Quarter
Amortization of investment premiums, net of accretion of purchase discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-2.67M	USD	1 Quarter
Amortization of investment premiums, net of accretion of purchase discounts	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-2.60M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$223.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$520.00K	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of assets	`AssetImpairmentCharges`	$416.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$13.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-29.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-84.93M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-41.63M	USD	1 Quarter
Deferred contract acquisition costs	`IncreaseDecreaseInContractWithCustomerAsset`	$23.98M	USD	1 Quarter
Deferred contract acquisition costs	`IncreaseDecreaseInContractWithCustomerAsset`	$18.04M	USD	1 Quarter
Prepaid expenses, other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-7.88M	USD	1 Quarter
Prepaid expenses, other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.13M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.09M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$76.00K	USD	1 Quarter
Accrued expenses, other current and noncurrent liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.24M	USD	1 Quarter
Accrued expenses, other current and noncurrent liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-192.00K	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-12.35M	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-20.95M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$17.38M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$2.13M	USD	1 Quarter
Operating lease liabilities	`OperatingLeasePayments`	$4.82M	USD	1 Quarter
Operating lease liabilities	`OperatingLeasePayments`	$5.89M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$53.53M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$93.27M	USD	1 Quarter
Purchases of property, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.90M	USD	1 Quarter
Purchases of property, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.45M	USD	1 Quarter
Capitalized internal-use software	`PaymentsToDevelopSoftware`	$2.40M	USD	1 Quarter
Capitalized internal-use software	`PaymentsToDevelopSoftware`	$3.45M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$174.66M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$312.84M	USD	1 Quarter
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$322.68M	USD	1 Quarter
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$76.58M	USD	1 Quarter
Proceeds from sale of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$11.50M	USD	1 Quarter
Proceeds from sale of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-97.89M	USD	1 Quarter
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.52M	USD	1 Quarter
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.64M	USD	1 Quarter
Payment of deferred consideration related to a business acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$50.00K	USD	1 Quarter
Payment of deferred consideration related to a business acquisition	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.59M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.52M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-39.84M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$95.80M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.02M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$371.70M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$275.90M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.85M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.02M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$371.70M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$275.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.85M	USD	Point-in-time
Cash paid for income taxes, net of tax refunds	`IncomeTaxesPaidNet`	$2.48M	USD	1 Quarter
Cash paid for income taxes, net of tax refunds	`IncomeTaxesPaidNet`	$1.50M	USD	1 Quarter
Net change in purchased equipment included in accounts payable and accrued expenses	`NetChangeInCapitalExpendituresIncludedInLiabilities`	$1.88M	USD	1 Quarter
Net change in purchased equipment included in accounts payable and accrued expenses	`NetChangeInCapitalExpendituresIncludedInLiabilities`	$2.91M	USD	1 Quarter
Operating lease right-of-use assets obtained in exchange for operating lease obligations, net of terminations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$13.79M	USD	1 Quarter
Operating lease right-of-use assets obtained in exchange for operating lease obligations, net of terminations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$5.43M	USD	1 Quarter

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	140.03M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	138.66M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$528.89M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$530.20M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$484.83M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$492.11M	USD	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	387,000.00	shares	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.52M	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.64M	USD	1 Quarter
Vesting of restricted stock units and other stock issuances	`StockVestedDuringPeriodValue`	-	USD	1 Quarter
Vesting of early exercised stock options	`AdjustmentsToAdditionalPaidInCapitalEarlyExerciseOfStockOptions`	$70.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$58.42M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$91.58M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.11M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-730.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.01M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-90.80M	USD	1 Quarter
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	140.03M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	138.66M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$528.89M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$530.20M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$484.83M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$492.11M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-55.01M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-90.80M	USD	1 Quarter
Change in net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.16M	USD	1 Quarter
Change in net unrealized gains (losses) on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-730.00K	USD	1 Quarter
Change in net unrealized gains and (losses)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Change in net unrealized gains and (losses)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-1.30M	USD	1 Quarter
Net realized losses (gains) reclassified into net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	1 Quarter
Net realized losses (gains) reclassified into net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-354.00K	USD	1 Quarter
Net change on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Net change on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-950.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.11M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-730.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-92.92M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-55.74M	USD	1 Quarter

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