10-Q Filing

ZSCALER, INC. CIK: 1713683 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001713683-23-000171`
Period End Date	20231031
Filing Date	20231206
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	zs-20231031_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 36 Cash Flow Statement 76 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`	147.17M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.36B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.26B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	148.31M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	148.31M	shares	Point-in-time
Short-term investments	`DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent`	$838.03M	USD	Point-in-time
Short-term investments	`DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent`	$962.68M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	147.17M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$366.84M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$582.64M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$115.83M	USD	Point-in-time
Deferred contract acquisition costs	`CapitalizedContractCostNetCurrent`	$119.42M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$80.93M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$91.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.89B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.89B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$265.59M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$242.35M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$70.67M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$77.14M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$253.39M	USD	Point-in-time
Deferred contract acquisition costs, noncurrent	`CapitalizedContractCostNetNoncurrent`	$259.41M	USD	Point-in-time
Acquired intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$25.62M	USD	Point-in-time
Acquired intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$25.86M	USD	Point-in-time
Goodwill	`Goodwill`	$89.19M	USD	Point-in-time
Goodwill	`Goodwill`	$92.42M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$29.84M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$30.52M	USD	Point-in-time
Total assets	`Assets`	$3.61B	USD	Point-in-time
Total assets	`Assets`	$3.64B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.23M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$70.95M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$64.97M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$97.57M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$136.80M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.28B	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.24B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$34.47M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$38.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.47B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.54B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$1.13B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$1.13B	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$155.02M	USD	Point-in-time
Deferred revenue, noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$158.53M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$43.61M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$41.92M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$12.73M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$20.99M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.88B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.83B	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock; $0.001 par value; 1,000,000 shares authorized as of October 31, 2023 and July 31, 2023; 148,313 and 147,169 shares issued and outstanding as of October 31, 2023 and July 31, 2023, respectively	`CommonStockValue`	$147.00K	USD	Point-in-time
Common stock; $0.001 par value; 1,000,000 shares authorized as of October 31, 2023 and July 31, 2023; 148,313 and 147,169 shares issued and outstanding as of October 31, 2023 and July 31, 2023, respectively	`CommonStockValue`	$148.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.95B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.82B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-17.95M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.58M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.09B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.12B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$807.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$725.11M	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`	$3.64B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.61B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$496.70M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$355.55M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$76.70M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$111.39M	USD	1 Quarter
Gross profit	`GrossProfit`	$278.85M	USD	1 Quarter
Gross profit	`GrossProfit`	$385.31M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$228.84M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$267.11M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$113.54M	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`	$50.72M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$431.37M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$347.94M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-46.06M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-69.09M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$25.94M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$7.87M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.33M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.16M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-863.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.21M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-24.49M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-63.42M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-68.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-33.48M	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`	$-0.23	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.23	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`	147.62M	shares	1 Quarter
Weighted-average shares used in computing net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	147.62M	shares	1 Quarter
Weighted-average shares used in computing net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	143.48M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-68.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-33.48M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$11.88M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortizationExcludingAmortizationOfDeferredContractCosts`	$13.96M	USD	1 Quarter
Amortization expense of acquired intangible assets	`AmortizationOfIntangibleAssets`	$3.04M	USD	1 Quarter
Amortization expense of acquired intangible assets	`AmortizationOfIntangibleAssets`	$2.55M	USD	1 Quarter
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$22.32M	USD	1 Quarter
Amortization of deferred contract acquisition costs	`CapitalizedContractCostAmortization`	$30.11M	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$977.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$972.00K	USD	1 Quarter
Non-cash operating lease costs	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$7.11M	USD	1 Quarter
Non-cash operating lease costs	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$9.90M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$129.14M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$105.17M	USD	1 Quarter
Accretion of investments purchased at a discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$3.20M	USD	1 Quarter
Accretion of investments purchased at a discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$165.00K	USD	1 Quarter
Unrealized losses on hedging transactions	`UnrealizedGainLossOnDerivatives`	$-1.19M	USD	1 Quarter
Unrealized losses on hedging transactions	`UnrealizedGainLossOnDerivatives`	$-1.56M	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-65.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$43.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$937.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-1.03M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-215.08M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-130.64M	USD	1 Quarter
Deferred contract acquisition costs	`IncreaseDecreaseInContractWithCustomerAsset`	$26.80M	USD	1 Quarter
Deferred contract acquisition costs	`IncreaseDecreaseInContractWithCustomerAsset`	$27.68M	USD	1 Quarter
Prepaid expenses, other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.35M	USD	1 Quarter
Prepaid expenses, other current and noncurrent assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.58M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.60M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.00M	USD	1 Quarter
Accrued expenses, other current and noncurrent liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$4.86M	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`	$-39.23M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-40.15M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-15.34M	USD	1 Quarter
Operating lease liabilities	`OperatingLeasePayments`	$11.01M	USD	1 Quarter
Operating lease liabilities	`OperatingLeasePayments`	$8.29M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$260.81M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$128.46M	USD	1 Quarter
Purchases of property, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.20M	USD	1 Quarter
Purchases of property, equipment and other assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.66M	USD	1 Quarter
Capitalized internal-use software	`PaymentsToDevelopSoftware`	$7.43M	USD	1 Quarter
Capitalized internal-use software	`PaymentsToDevelopSoftware`	$7.64M	USD	1 Quarter
Payments for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Payments for business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.38M	USD	1 Quarter
Purchase of strategic investments	`PaymentsToAcquireOtherInvestments`	-	USD	1 Quarter
Purchase of strategic investments	`PaymentsToAcquireOtherInvestments`	$700.00K	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$210.25M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$375.93M	USD	1 Quarter
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$253.85M	USD	1 Quarter
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$186.10M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-57.70M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-162.54M	USD	1 Quarter
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$982.00K	USD	1 Quarter
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.26M	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`	$1.26M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$71.73M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$99.52M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.26B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.08B	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`	$1.36B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.26B	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`	$1.01B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.36B	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`	$5.29M	USD	1 Quarter
Operating lease right-of-use assets obtained in exchange for operating lease obligations, net of terminations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$15.62M	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`	$489.00K	USD	1 Quarter

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	148.31M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	147.17M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$807.52M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$725.11M	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`	151,000.00	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`	$1.26M	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`	$107.03M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$131.02M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-16.38M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.97M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-68.16M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-33.48M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	148.31M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	147.17M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$807.52M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$725.11M	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`	$-33.48M	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`	$-589.00K	USD	1 Quarter
Change in net unrealized losses	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-15.14M	USD	1 Quarter
Change in net unrealized losses	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-14.04M	USD	1 Quarter
Net realized losses (gains) reclassified into net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$654.00K	USD	1 Quarter
Net realized losses (gains) reclassified into net loss	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-4.71M	USD	1 Quarter
Net change on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-9.33M	USD	1 Quarter
Net change on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-15.79M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-16.38M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.97M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-80.14M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-49.86M	USD	1 Quarter

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