AVALARA, INC.

2019 Q2 Form 10-Q Financial Statement

#000156459019030858 Filed on August 08, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $441.6M $173.1M
YoY Change 155.11%
Cash & Equivalents $441.6M $173.1M
Short-Term Investments
Other Short-Term Assets $604.0K $24.30M
YoY Change -97.51%
Inventory
Prepaid Expenses $9.732M $5.520M
Receivables $43.41M $28.68M
Other Receivables $900.0K $100.0K
Total Short-Term Assets $528.7M $226.2M
YoY Change 133.71%
LONG-TERM ASSETS
Property, Plant & Equipment $34.15M $32.44M
YoY Change 5.27%
Goodwill $78.98M $70.69M
YoY Change 11.73%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $25.80M $94.05M
YoY Change -72.57%
Total Long-Term Assets $163.7M $126.5M
YoY Change 29.44%
TOTAL ASSETS
Total Short-Term Assets $528.7M $226.2M
Total Long-Term Assets $163.7M $126.5M
Total Assets $692.4M $352.7M
YoY Change 96.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.197M $8.500M
YoY Change -3.56%
Accrued Expenses $49.11M $21.40M
YoY Change 129.5%
Deferred Revenue $138.0M
YoY Change
Short-Term Debt $0.00 $4.400M
YoY Change -100.0%
Long-Term Debt Due $4.375M
YoY Change
Total Short-Term Liabilities $220.6M $159.9M
YoY Change 37.94%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $25.22M
YoY Change -100.0%
Other Long-Term Liabilities $1.835M $36.00K
YoY Change 4997.22%
Total Long-Term Liabilities $1.835M $25.25M
YoY Change -92.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $220.6M $159.9M
Total Long-Term Liabilities $1.835M $25.25M
Total Liabilities $240.3M $210.6M
YoY Change 14.13%
SHAREHOLDERS EQUITY
Retained Earnings -$482.4M -$445.1M
YoY Change 8.39%
Common Stock $937.1M $589.3M
YoY Change 59.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $450.0M $142.2M
YoY Change
Total Liabilities & Shareholders Equity $692.4M $352.7M
YoY Change 96.32%

Cashflow Statement

Concept 2019 Q2 2018 Q2

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
75493231
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
441584000
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
us-gaap Operating Income Loss
OperatingIncomeLoss
-23464000
us-gaap Investment Income Interest
InvestmentIncomeInterest
2049000
us-gaap Investment Income Interest
InvestmentIncomeInterest
135000
us-gaap Interest Expense Debt
InterestExpenseDebt
284000
us-gaap Interest Expense Debt
InterestExpenseDebt
1961000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
472000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
33253000
us-gaap Operating Expenses
OperatingExpenses
147091000
us-gaap Operating Expenses
OperatingExpenses
121510000
us-gaap Operating Income Loss
OperatingIncomeLoss
-32395000
dei Entity Shell Company
EntityShellCompany
false
dei Entity File Number
EntityFileNumber
001-38525
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
911995935
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Address Address Line1
EntityAddressAddressLine1
255 South King Street
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1800
dei Entity Address City Or Town
EntityAddressCityOrTown
Seattle
dei Entity Address State Or Province
EntityAddressStateOrProvince
WA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
98104
dei City Area Code
CityAreaCode
206
dei Local Phone Number
LocalPhoneNumber
826-4900
CY2019Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2370000
CY2018Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1589000
CY2019Q2 us-gaap Assets
Assets
692448000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
142322000
CY2019Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
43409000
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
40287000
CY2019Q2 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
7365000
CY2018Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
0
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
11179000
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
11307000
CY2019Q2 avlr Current Assets Before Customer Fund Assets
CurrentAssetsBeforeCustomerFundAssets
503537000
CY2018Q4 avlr Current Assets Before Customer Fund Assets
CurrentAssetsBeforeCustomerFundAssets
193916000
CY2019Q2 us-gaap Funds Held For Clients
FundsHeldForClients
24278000
CY2018Q4 us-gaap Funds Held For Clients
FundsHeldForClients
13113000
CY2019Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
915000
CY2018Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
270000
CY2019Q2 us-gaap Assets Current
AssetsCurrent
528730000
CY2018Q4 us-gaap Assets Current
AssetsCurrent
207299000
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
34148000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
33373000
CY2019Q2 us-gaap Goodwill
Goodwill
78981000
CY2018Q4 us-gaap Goodwill
Goodwill
61300000
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
24765000
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
19371000
CY2018Q4 us-gaap Assets
Assets
322932000
CY2019Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
8197000
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
4847000
CY2019Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
49114000
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
42217000
CY2019Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
137997000
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
125260000
CY2019Q2 avlr Current Liabilities Before Customer Fund Obligations
CurrentLiabilitiesBeforeCustomerFundObligations
195308000
CY2018Q4 avlr Current Liabilities Before Customer Fund Obligations
CurrentLiabilitiesBeforeCustomerFundObligations
172324000
CY2019Q2 avlr Customer Fund Obligations
CustomerFundObligations
25245000
CY2018Q4 avlr Customer Fund Obligations
CustomerFundObligations
13349000
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
220553000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
185673000
CY2019Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
814000
CY2018Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
9393000
CY2019Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
638000
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
560000
CY2019Q2 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
16480000
CY2018Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
17317000
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1835000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
436000
CY2019Q2 us-gaap Liabilities
Liabilities
240320000
CY2018Q4 us-gaap Liabilities
Liabilities
213379000
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
8000
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
7000
CY2019Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
937047000
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
599493000
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2531000
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2345000
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
66769000
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
75445000
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
75445000
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-482396000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-487602000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
452128000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
109553000
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
692448000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
322932000
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
565000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
521000
CY2019Q2 avlr Receivables From Customers Allowance For Doubtful Accounts
ReceivablesFromCustomersAllowanceForDoubtfulAccounts
347000
CY2018Q4 avlr Receivables From Customers Allowance For Doubtful Accounts
ReceivablesFromCustomersAllowanceForDoubtfulAccounts
198000
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
66769000
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
91299000
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
63879000
CY2019Q2 us-gaap Cost Of Revenue
CostOfRevenue
27335000
CY2018Q2 us-gaap Cost Of Revenue
CostOfRevenue
18632000
CY2019Q2 us-gaap Gross Profit
GrossProfit
63964000
CY2018Q2 us-gaap Gross Profit
GrossProfit
45247000
CY2019Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
18996000
CY2018Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12428000
CY2019Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
40678000
CY2018Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
40604000
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18019000
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9341000
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
77693000
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
62373000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-13729000
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-17126000
CY2019Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1282000
CY2018Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
99000
CY2019Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
173000
CY2018Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
1067000
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-381000
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
442000
CY2019Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
728000
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-526000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13001000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-17652000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
172000
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
114000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-13173000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-17766000
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.18
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.24
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
71568000
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
14383000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
176269000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
125256000
us-gaap Cost Of Revenue
CostOfRevenue
52642000
us-gaap Cost Of Revenue
CostOfRevenue
36141000
us-gaap Gross Profit
GrossProfit
123627000
us-gaap Gross Profit
GrossProfit
89115000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
34952000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
25047000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
78886000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
77911000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18552000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
288000
us-gaap Net Income Loss
NetIncomeLoss
-22416000
us-gaap Net Income Loss
NetIncomeLoss
-33015000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.32
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-3.21
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
69983000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
10299000
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
276000
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3048000
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-12897000
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-20814000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-186000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2445000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-22602000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-35460000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7668000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5992000
us-gaap Share Based Compensation
ShareBasedCompensation
15984000
us-gaap Share Based Compensation
ShareBasedCompensation
7074000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
78000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-967000
avlr Amortization Of Deferred Charges Adjustments
AmortizationOfDeferredChargesAdjustments
-392000
avlr Amortization Of Deferred Charges Adjustments
AmortizationOfDeferredChargesAdjustments
263000
avlr Non Cash Change In Earnout Liability
NonCashChangeInEarnoutLiability
476000
avlr Non Cash Change In Earnout Liability
NonCashChangeInEarnoutLiability
-462000
avlr Provision For Bad Debts Expense Recovery
ProvisionForBadDebtsExpenseRecovery
450000
avlr Provision For Bad Debts Expense Recovery
ProvisionForBadDebtsExpenseRecovery
-85000
us-gaap Other Noncash Expense
OtherNoncashExpense
195000
us-gaap Other Noncash Expense
OtherNoncashExpense
241000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3728000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2022000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
596000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
144000
avlr Increase Decrease In Deferred Commissions
IncreaseDecreaseInDeferredCommissions
-11552000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
131000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
17113000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-421000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-11276000
avlr Net Increase Decrease In Customer Fund Assets
NetIncreaseDecreaseInCustomerFundAssets
11878000
avlr Net Increase Decrease In Customer Fund Assets
NetIncreaseDecreaseInCustomerFundAssets
4585000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17635000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
274705000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
192510000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
398000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
622000
avlr Increase Decrease In Deferred Commissions
IncreaseDecreaseInDeferredCommissions
0
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
782000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
16000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
2468000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-2248000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3401000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3000000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
15127000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
4881000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
17310000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4950000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8169000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-34269000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
33000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
23000000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
234000
avlr Net Increase Decrease In Customer Fund Obligations
NetIncreaseDecreaseInCustomerFundObligations
11797000
avlr Net Increase Decrease In Customer Fund Obligations
NetIncreaseDecreaseInCustomerFundObligations
4585000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
40417000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5580000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
7664000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
0
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
93000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2217000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1806000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
334092000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
187796000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-140000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
148000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
299262000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
159033000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14075000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
173108000
us-gaap Interest Paid Net
InterestPaidNet
122000
us-gaap Interest Paid Net
InterestPaidNet
1787000
us-gaap Income Taxes Paid
IncomeTaxesPaid
134000
us-gaap Income Taxes Paid
IncomeTaxesPaid
143000
avlr Accrued Purchase Price Related To Acquisitions
AccruedPurchasePriceRelatedToAcquisitions
2984000
avlr Accrued Purchase Price Related To Acquisitions
AccruedPurchasePriceRelatedToAcquisitions
0
CY2019Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
5952000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
652000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3376000
avlr Deferred Offering Costs Accrued Not Yet Paid
DeferredOfferingCostsAccruedNotYetPaid
156000
avlr Deferred Offering Costs Accrued Not Yet Paid
DeferredOfferingCostsAccruedNotYetPaid
1527000
avlr Cashless Exercises Of Options And Warrants
CashlessExercisesOfOptionsAndWarrants
5000
avlr Cashless Exercises Of Options And Warrants
CashlessExercisesOfOptionsAndWarrants
8985000
CY2018Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
0
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
976000
avlr Cashless Redemptions Of Options And Warrants
CashlessRedemptionsOfOptionsAndWarrants
98000
avlr Cashless Redemptions Of Options And Warrants
CashlessRedemptionsOfOptionsAndWarrants
11202000
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
19903000
us-gaap Nature Of Operations
NatureOfOperations
<div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:4.54%;white-space:nowrap"> <p style="margin-top:12pt;margin-bottom:0pt;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1.</font></p></td> <td valign="top"> <p style="margin-top:12pt;margin-bottom:0pt;font-weight:bold;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;"><font style="font-style:italic;">Nature of Operations </font></p></td></tr></table></div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:4.54%;text-indent:-4.54%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:2.13%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Avalara, Inc. (the &#8220;Company&#8221;) provides software solutions that help businesses of all types and sizes comply with transaction tax requirements worldwide. The Company offers a broad and growing suite of compliance solutions for transaction taxes, such as sales and use tax, value-added tax (VAT), excise tax, lodging tax, and communications tax. These solutions enable customers to automate the process of determining taxability, identifying applicable tax rates, determining and collecting taxes, preparing and filing returns, remitting taxes, maintaining tax records, and managing compliance documents. The Company, a Washington corporation, was originally incorporated in 1999 and is headquartered in Seattle, Washington.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:2.27%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:2.13%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company has wholly owned subsidiaries in the United Kingdom, Canada, Belgium, India, and Brazil that provide business development, software development, and support services.</p>
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:2.13%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:2.13%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could materially differ from those estimates.</p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:2.13%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Reclassifications</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:2.13%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-top:2pt;margin-bottom:0pt;text-indent:2.13%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain prior period amounts have been reclassified to conform to current period presentation. Interest income on funds held from customers of $0.2 million in the second quarter of 2018 was reclassified from interest income within total other (income) expense, net to subscription and returns revenue in the accompanying consolidated statements of operations for the three and six months ended June 30, 2018.&nbsp;&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:2.13%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16375000
CY2019Q2 us-gaap Depreciation
Depreciation
2200000
us-gaap Depreciation
Depreciation
4200000
CY2018Q2 us-gaap Depreciation
Depreciation
1600000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
us-gaap Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
greater than 50%
CY2019Q2 avlr Percentage Of Likelihood Of Realization Of Tax Position Upon Ultimate Settlement Minimum
PercentageOfLikelihoodOfRealizationOfTaxPositionUponUltimateSettlementMinimum
0.50
CY2018Q2 avlr Interest Income Earned On Funds Held For Customers
InterestIncomeEarnedOnFundsHeldForCustomers
200000
avlr Interest Income Earned On Funds Held For Customers
InterestIncomeEarnedOnFundsHeldForCustomers
200000
us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
30 days
avlr Revenue Recognition Contractual Renewal Period
RevenueRecognitionContractualRenewalPeriod
P1Y
CY2019Q2 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P6Y
CY2019Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
39482000
CY2019Q1 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
4464000
CY2019Q1 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
14803000
CY2019Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
44307000
CY2019Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
122103000
CY2019Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1300000
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-459980000
avlr Concessions And Cancellations Period Allowed For Standard Subscription Contract Prior To Adoption
ConcessionsAndCancellationsPeriodAllowedForStandardSubscriptionContractPriorToAdoption
P60D
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
54051000
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
49748000
us-gaap Depreciation
Depreciation
3200000
CY2018Q4 avlr Contract Liabilities Current
ContractLiabilitiesCurrent
0
CY2019Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
9732000
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
9578000
CY2019Q2 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
689000
CY2018Q4 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
260000
CY2018Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
643000
CY2019Q2 us-gaap Deposits Assets Current
DepositsAssetsCurrent
154000
CY2018Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
325000
CY2019Q2 us-gaap Other Assets Current
OtherAssetsCurrent
604000
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
501000
CY2019Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3610000
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3800000
CY2019Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
1889000
CY2018Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
1827000
CY2019Q2 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
9212000
CY2018Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
10766000
CY2019Q2 avlr Accrued Employee Stock Purchase Plan Contributions Current
AccruedEmployeeStockPurchasePlanContributionsCurrent
3991000
CY2018Q4 avlr Accrued Employee Stock Purchase Plan Contributions Current
AccruedEmployeeStockPurchasePlanContributionsCurrent
6473000
CY2019Q2 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
3441000
CY2018Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
6889000
CY2019Q2 avlr Accrued Partner Commissions Current
AccruedPartnerCommissionsCurrent
6438000
CY2018Q4 avlr Accrued Partner Commissions Current
AccruedPartnerCommissionsCurrent
5535000
CY2019Q2 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
6485000
CY2018Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
116000
CY2019Q2 avlr Contract Liabilities Current
ContractLiabilitiesCurrent
4508000
CY2019Q2 avlr Business Combination Accrued Liabilities Purchase Price Related To Acquisitions Current
BusinessCombinationAccruedLiabilitiesPurchasePriceRelatedToAcquisitionsCurrent
1584000
CY2018Q4 avlr Business Combination Accrued Liabilities Purchase Price Related To Acquisitions Current
BusinessCombinationAccruedLiabilitiesPurchasePriceRelatedToAcquisitionsCurrent
0
CY2019Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7956000
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6811000
CY2019Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0
avlr Contract With Customer Liabilities Transferred To Deferred Revenue
ContractWithCustomerLiabilitiesTransferredToDeferredRevenue
2394000
avlr Contract With Customer Liabilities Additions
ContractWithCustomerLiabilitiesAdditions
4812000
us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0
CY2019Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
33100000
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
32700000
CY2019Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
56189000
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
31424000
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
47341000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27970000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3500000
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1400000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2800000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-79000
us-gaap Number Of Reporting Units
NumberOfReportingUnits
3
CY2018Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
3100000
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
6000000
CY2018Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2600000
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
4900000
CY2019Q2 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
400000
us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
0
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
27311000
us-gaap Loss Contingency Inestimable Loss
LossContingencyInestimableLoss
The Company has not recorded an accrual related to these arrangements as of June 30, 2019 because it has not determined that a loss is probable.
avlr Number Of Classes Of Stock
NumberOfClassesOfStock
2
CY2019Q2 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
620000000
CY2019Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
93000
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6571000
CY2019Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
7664000
us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
700000
CY2018Q2 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
0
CY2019Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
27622000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
142154000
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3571000
CY2018Q2 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
3483000
CY2018Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2752000
CY2018Q2 avlr Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
5783000
CY2018Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
986000
CY2018Q2 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
2555000
CY2019Q1 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
50000
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-462000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-9243000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
168973000
CY2019Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
274705000
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
13106000
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9439000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-393592000
CY2018Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6025000
CY2018Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
7715000
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3517000
CY2018Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
752000
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
603000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-15249000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
-407163000
CY2018Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
192510000
CY2018Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
370854000
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9439000
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3571000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16010000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7088000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
11094070
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
944966
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
4131801
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
167688
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7739547
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3889576
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.17
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
43.95
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
9.78
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
15.92
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
17.25
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
10.53
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y9M21D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y2M1D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y9M21D
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
210523000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
425303000
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
239873000
CY2019Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
7739547
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
192400000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
9900000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
18.93
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
8.09
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
1288099
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
3849971
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.40
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.40
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0177
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14383000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69983000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10299000
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9753000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10299000
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71568000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0255
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0265
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0297
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.013
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.022
avlr Deferred Income Tax Expense Benefit Associated With Indefinite Lived Goodwill
DeferredIncomeTaxExpenseBenefitAssociatedWithIndefiniteLivedGoodwill
-900000
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71568000
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14383000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69983000
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
55730000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10315000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
59208000

Files In Submission

Name View Source Status
0001564590-19-030858-index-headers.html Edgar Link pending
0001564590-19-030858-index.html Edgar Link pending
0001564590-19-030858.txt Edgar Link pending
0001564590-19-030858-xbrl.zip Edgar Link pending
avlr-10q_20190630.htm Edgar Link pending
avlr-20190630.xml Edgar Link completed
avlr-20190630.xsd Edgar Link pending
avlr-20190630_cal.xml Edgar Link unprocessable
avlr-20190630_def.xml Edgar Link unprocessable
avlr-20190630_lab.xml Edgar Link unprocessable
avlr-20190630_pre.xml Edgar Link unprocessable
avlr-ex311_10.htm Edgar Link pending
avlr-ex312_6.htm Edgar Link pending
avlr-ex321_9.htm Edgar Link pending
avlr-ex322_8.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending