10-Q Filing

ZSCALER, INC. CIK: 1713683 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001713683-22-000123`
Period End Date	20221031
Filing Date	20221207
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	zs-20221031_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`	143.04M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	144.21M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.01B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.08B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	143.04M	shares	Point-in-time
Short-term investments	`DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent`	$718.13M	USD	Point-in-time
Short-term investments	`DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent`	$739.85M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	144.21M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$399.75M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$268.72M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$86.21M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$90.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$49.85M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$39.35M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.26B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.23B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$183.43M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$160.63M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$76.20M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$72.36M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$210.79M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$211.47M	USD	Point-in-time
Acquired intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$29.27M	USD	Point-in-time
Acquired intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$31.82M	USD	Point-in-time
Goodwill	`Goodwill`	$78.55M	USD	Point-in-time
Goodwill	`Goodwill`	$78.55M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$21.87M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$23.46M	USD	Point-in-time
Total assets	`Assets`	$2.84B	USD	Point-in-time
Total assets	`Assets`	$2.83B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.72M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.15M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$60.23M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$46.50M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$111.95M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$79.59M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$923.75M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$913.10M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$28.65M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$26.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.13B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.11B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$1.14B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$968.67M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$92.61M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$97.37M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$51.06M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$50.95M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$9.96M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$7.92M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.26B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.40B	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, 2022 and July 31, 2022; 144,210 and 143,038 shares issued and outstanding as of October 31, 2022 and July 31, 2022, respectively	`CommonStockValue`	$143.00K	USD	Point-in-time
Common stock; $0.001 par value; 1,000,000 shares authorized as of October 31, 2022 and July 31, 2022; 144,210 and 143,038 shares issued and outstanding as of October 31, 2022 and July 31, 2022, respectively	`CommonStockValue`	$144.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.43B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.59B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.85M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-37.82M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-991.88M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-956.20M	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`	$573.30M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$431.27M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.84B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.83B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$355.55M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$230.52M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$76.70M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$52.17M	USD	1 Quarter
Gross profit	`GrossProfit`	$178.35M	USD	1 Quarter
Gross profit	`GrossProfit`	$278.85M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$228.84M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$153.79M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$65.22M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$74.95M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$44.16M	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`	$347.94M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-69.09M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-74.37M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$7.87M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$473.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$13.84M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.33M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-863.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-589.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-63.42M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-88.32M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.75M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.48M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-68.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-90.80M	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.48	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`	$-0.65	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.48	USD	1 Quarter
Weighted-average shares used in computing net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	143.48M	shares	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, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	143.48M	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`	$-68.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-90.80M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$9.02M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$11.88M	USD	1 Quarter
Amortization expense of acquired intangible assets	`AmortizationOfIntangibleAssets`	$2.55M	USD	1 Quarter
Amortization expense of acquired intangible assets	`AmortizationOfIntangibleAssets`	$2.23M	USD	1 Quarter
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$22.32M	USD	1 Quarter
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$14.91M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$13.48M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$972.00K	USD	1 Quarter
Non-cash operating lease costs	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$6.03M	USD	1 Quarter
Non-cash operating lease costs	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$7.11M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$89.90M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$105.17M	USD	1 Quarter
Amortization (accretion) of investments purchased at a premium (discount)	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$165.00K	USD	1 Quarter
Amortization (accretion) of investments purchased at a premium (discount)	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-2.67M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-65.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$223.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$13.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-248.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-130.64M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-84.93M	USD	1 Quarter
Deferred contract acquisition costs	`IncreaseDecreaseInContractWithCustomerAsset`	$23.98M	USD	1 Quarter
Deferred contract acquisition costs	`IncreaseDecreaseInContractWithCustomerAsset`	$26.80M	USD	1 Quarter
Prepaid expenses, other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.58M	USD	1 Quarter
Prepaid expenses, other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.13M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.09M	USD	1 Quarter
Accrued expenses, other current and noncurrent liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-192.00K	USD	1 Quarter
Accrued expenses, other current and noncurrent liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$3.63M	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-32.80M	USD	1 Quarter
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-20.95M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-15.34M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$17.38M	USD	1 Quarter
Operating lease liabilities	`OperatingLeasePayments`	$5.89M	USD	1 Quarter
Operating lease liabilities	`OperatingLeasePayments`	$8.29M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$128.46M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$93.27M	USD	1 Quarter
Purchases of property, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.20M	USD	1 Quarter
Purchases of property, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.45M	USD	1 Quarter
Capitalized internal-use software	`PaymentsToDevelopSoftware`	$3.45M	USD	1 Quarter
Capitalized internal-use software	`PaymentsToDevelopSoftware`	$7.64M	USD	1 Quarter
Strategic investments	`PaymentsToAcquireOtherInvestments`	$700.00K	USD	1 Quarter
Strategic investments	`PaymentsToAcquireOtherInvestments`	-	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$210.25M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$312.84M	USD	1 Quarter
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$186.10M	USD	1 Quarter
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$322.68M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-57.70M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.00K	USD	1 Quarter
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.64M	USD	1 Quarter
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$982.00K	USD	1 Quarter
Payment of deferred consideration related to business acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$50.00K	USD	1 Quarter
Payment of deferred consideration related to business acquisitions	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$980.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.59M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$95.80M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$71.73M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.08B	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`	$1.01B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$371.70M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.08B	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`	$1.01B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$371.70M	USD	Point-in-time
Cash paid for income taxes, net of tax refunds	`IncomeTaxesPaidNet`	$3.00M	USD	1 Quarter
Cash paid for income taxes, net of tax refunds	`IncomeTaxesPaidNet`	$2.48M	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
Operating lease right-of-use assets obtained in exchange for operating lease obligations, net of terminations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$10.39M	USD	1 Quarter
Net change in purchased equipment included in accounts payable and accrued expenses	`NetChangeInCapitalExpendituresIncludedInLiabilities`	$1.59M	USD	1 Quarter
Net change in purchased equipment included in accounts payable and accrued expenses	`NetChangeInCapitalExpendituresIncludedInLiabilities`	$2.91M	USD	1 Quarter

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	143.04M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	144.21M	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`	$573.30M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$431.27M	USD	Point-in-time
Issuance of common stock upon exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	109,000.00	shares	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$982.00K	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 restricted stock units and other stock issuances	`StockVestedDuringPeriodValue`	-	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$91.58M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$107.03M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.97M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.11M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-68.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-90.80M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	143.04M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	144.21M	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`	$573.30M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$431.27M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-68.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-90.80M	USD	1 Quarter
Change in net unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-2.65M	USD	1 Quarter
Change in net unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.16M	USD	1 Quarter
Change in net unrealized losses	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-14.04M	USD	1 Quarter
Change in net unrealized losses	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-1.30M	USD	1 Quarter
Net realized losses reclassified into net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-4.71M	USD	1 Quarter
Net realized losses reclassified into net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-354.00K	USD	1 Quarter
Net change on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-9.33M	USD	1 Quarter
Net change on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-950.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.97M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.11M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-80.14M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-92.92M	USD	1 Quarter

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