XML 17 R3.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Total revenues $ 1,360,000 $ 1,046,000
Cost of revenues:    
Total cost of revenues [1] 299,000 223,000
Gross profit 1,061,000 823,000
Operating expenses:    
Sales and marketing [1] 524,000 441,000
Research and development [1] 314,000 227,000
General and administrative [1] 126,000 106,000
Total operating expenses [1] 964,000 774,000
Income from operations 97,000 49,000
Interest expense (7,000) (9,000)
Other income, net 9,000 8,000
Income before income taxes 99,000 48,000
Provision for income taxes 17,000 0
Net income $ 82,440 $ 48,231
Net income (loss) per share - basic (in dollars per share) $ 0.42 $ 0.25
Net income (loss) per share - diluted (in dollars per share) $ 0.41 $ 0.24
Weighted-average shares used to compute net income (loss) per share - basic (in shares) 196,624 190,163
Weighted-average shares used to compute net income (loss) per share - diluted (in shares) 202,268 199,938
Other comprehensive income:    
Foreign currency translation adjustments $ (31,000) $ (20,000)
Unrealized losses on investments, net of tax (7,000) (20,000)
Other comprehensive income (38,000) (40,000)
Comprehensive income 44,000 8,000
Subscription    
Revenues:    
Total revenues 1,293,000 995,000
Cost of revenues:    
Total cost of revenues [1] 228,000 160,000
Professional services and other    
Revenues:    
Total revenues 67,000 51,000
Cost of revenues:    
Total cost of revenues [1] $ 71,000 $ 63,000
[1] Includes stock-based compensation as follows:
 Three Months Ended March 31,
20212020
Cost of revenues:
Subscription$29 $22 
Professional services and other13 12 
Operating expenses:
Sales and marketing93 70 
Research and development88 59 
General and administrative33 26