$AKAM
AKAMAI TECHNOLOGIES INC Stock $akam

$akam Overview Financials Valuation SEC Filings Company Website

2017 Q1 Form 10-Q Financial Statement

#000108622217000143 Filed on May 09, 2017

Income Statement

Concept	2017 Q1	2016 Q1
Revenue	$600.3M	$567.7M
YoY Change	5.74%	7.82%
Cost Of Revenue	$205.7M	$194.7M
YoY Change	5.64%	15.03%
Gross Profit	$394.6M	$373.0M
YoY Change	5.78%	4.41%
Gross Profit Margin	65.73%	65.7%
Selling, General & Admin	$229.5M	$204.5M
YoY Change	12.23%	5.92%
% of Gross Profit	58.17%	54.83%
Research & Development	$52.16M	$40.84M
YoY Change	27.72%	13.99%
% of Gross Profit	13.22%	10.95%
Depreciation & Amortization	$86.53M	$80.67M
YoY Change	7.27%	14.49%
% of Gross Profit	21.93%	21.63%
Operating Expenses	$281.7M	$245.3M
YoY Change	14.81%	7.18%
Operating Profit	$105.3M	$114.1M
YoY Change	-7.7%	-6.09%
Interest Expense	$4.597M	$4.653M
YoY Change	-1.2%	1.68%
% of Operating Profit	4.36%	4.08%
Other Income/Expense, Net	-$684.0K	-$189.0K
YoY Change	261.9%	-37.21%
Pretax Income	$104.7M	$112.6M
YoY Change	-7.03%	-5.89%
Income Tax	$30.09M	$37.74M
% Of Pretax Income	28.75%	33.52%
Net Earnings	$74.58M	$74.86M
YoY Change	-0.37%	-3.71%
Net Earnings / Revenue	12.42%	13.19%
Basic Earnings Per Share	$0.43	$0.42
Diluted Earnings Per Share	$0.43	$0.42
COMMON SHARES
Basic Shares Outstanding	173.2M shares	176.4M shares
Diluted Shares Outstanding	175.2M shares	177.5M shares

Balance Sheet

Concept	2017 Q1	2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$845.1M	$837.9M
YoY Change	0.86%	17.47%
Cash & Equivalents	$522.3M	$312.9M
Short-Term Investments	$322.8M	$525.0M
Other Short-Term Assets	$152.6M	$127.9M
YoY Change	19.31%	-25.47%
Inventory
Prepaid Expenses
Receivables	$400.8M	$365.1M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.398B	$1.331B
YoY Change	5.08%	7.19%
LONG-TERM ASSETS
Property, Plant & Equipment	$824.7M	$770.2M
YoY Change	7.08%	15.63%
Goodwill	$1.230B	$1.152B
YoY Change	6.69%	8.29%
Intangibles	$141.9M	$149.4M
YoY Change	-5.01%	14.44%
Long-Term Investments	$739.1M	$685.4M
YoY Change	7.83%	-14.53%
Other Assets	$109.0M	$92.12M
YoY Change	18.34%	13.99%
Total Long-Term Assets	$3.052B	$2.853B
YoY Change	6.96%	3.92%
TOTAL ASSETS
Total Short-Term Assets	$1.398B	$1.331B
Total Long-Term Assets	$3.052B	$2.853B
Total Assets	$4.450B	$4.184B
YoY Change	6.36%	4.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$90.18M	$63.82M
YoY Change	41.3%	-5.64%
Accrued Expenses	$218.0M	$197.5M
YoY Change	10.4%	37.03%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$381.9M	$333.2M
YoY Change	14.6%	23.73%
LONG-TERM LIABILITIES
Long-Term Debt	$645.7M	$623.5M
YoY Change	3.56%	2.28%
Other Long-Term Liabilities	$119.4M	$97.51M
YoY Change	22.5%	25.83%
Total Long-Term Liabilities	$119.4M	$97.51M
YoY Change	22.5%	25.83%
TOTAL LIABILITIES
Total Short-Term Liabilities	$381.9M	$333.2M
Total Long-Term Liabilities	$119.4M	$97.51M
Total Liabilities	$1.191B	$1.070B
YoY Change	11.33%	6.46%
SHAREHOLDERS EQUITY
Retained Earnings	-$879.8M	-$1.202B
YoY Change	-26.81%	-20.95%
Common Stock	$1.743M	$1.783M
YoY Change	-2.24%	-0.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$72.47M	$108.7M
YoY Change	-33.35%	73.46%
Treasury Stock Shares	1.102M shares	2.220M shares
Shareholders Equity	$3.259B	$3.114B
YoY Change
Total Liabilities & Shareholders Equity	$4.450B	$4.184B
YoY Change	6.36%	4.94%

Cashflow Statement

Concept	2017 Q1	2016 Q1
OPERATING ACTIVITIES
Net Income	$74.58M	$74.86M
YoY Change	-0.37%	-3.71%
Depreciation, Depletion And Amortization	$86.53M	$80.67M
YoY Change	7.27%	14.49%
Cash From Operating Activities	$142.6M	$191.4M
YoY Change	-25.48%	91.89%
INVESTING ACTIVITIES
Capital Expenditures	$45.22M	$41.81M
YoY Change	8.18%	-54.52%
Acquisitions	$10.00K	$0.00
YoY Change		-100.0%
Other Investing Activities	$335.0K	$2.354M
YoY Change	-85.77%	2770.73%
Cash From Investing Activities	$140.3M	-$55.43M
YoY Change	-353.13%	-197.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$72.47M	$108.7M
YoY Change	-33.35%	73.46%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$88.86M	-$116.9M
YoY Change	-23.97%	107.91%
NET CHANGE
Cash From Operating Activities	$142.6M	$191.4M
Cash From Investing Activities	$140.3M	-$55.43M
Cash From Financing Activities	-$88.86M	-$116.9M
Net Change In Cash	$199.1M	$19.07M
YoY Change	943.75%	-81.05%
FREE CASH FLOW
Cash From Operating Activities	$142.6M	$191.4M
Capital Expenditures	$45.22M	$41.81M
Free Cash Flow	$97.39M	$149.6M
YoY Change	-34.88%	1816.3%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q4	akam	Availableforsale Securities Current Excluding Restricted Trading Securities AvailableforsaleSecuritiesCurrentExcludingRestrictedTradingSecurities	512572000	USD
CY2017Q1	akam	Availableforsale Securities Current Excluding Restricted Trading Securities AvailableforsaleSecuritiesCurrentExcludingRestrictedTradingSecurities	322540000	USD
CY2014Q1	akam	Debt Instrument Convertible Threshold Consecutive Trading Days Not Exceeding DebtInstrumentConvertibleThresholdConsecutiveTradingDaysNotExceeding	P5D
CY2014Q1	akam	Debt Instrument Convertible Threshold Less Than Percentageof Stock Price Trigger DebtInstrumentConvertibleThresholdLessThanPercentageofStockPriceTrigger	0.98
CY2014Q1	akam	Debt Instrument Convertible Threshold Trading Days Not Exceeding DebtInstrumentConvertibleThresholdTradingDaysNotExceeding	P5D
CY2014Q1	akam	Note Hedge Shares Outstanding NoteHedgeSharesOutstanding	7700000	shares
CY2017Q1	akam	Number Of Countries Servers Are In NumberOfCountriesServersAreIn	130	country
CY2017Q1	akam	Number Of Servers NumberOfServers	200000	server
CY2014Q1	akam	Paymentsfor Purchaseof Convertible Note Hedgeand Warrant Transactions PaymentsforPurchaseofConvertibleNoteHedgeandWarrantTransactions	23300000	USD
CY2014Q1	akam	Potential Conversion Shares Of Convertible Debt PotentialConversionSharesOfConvertibleDebt	7700000	shares
CY2016Q4	akam	Reserve For Cash Basis Customers ReserveForCashBasisCustomers	5316000	USD
CY2017Q1	akam	Reserve For Cash Basis Customers ReserveForCashBasisCustomers	347000	USD
CY2016Q1	akam	Share Based Compensation Arrangement By Share Based Payment Award Amortization Of Capitalized Amounts ShareBasedCompensationArrangementByShareBasedPaymentAwardAmortizationOfCapitalizedAmounts	3300000	USD
CY2017Q1	akam	Share Based Compensation Arrangement By Share Based Payment Award Amortization Of Capitalized Amounts ShareBasedCompensationArrangementByShareBasedPaymentAwardAmortizationOfCapitalizedAmounts	3500000	USD
CY2016Q4	akam	Total Accounts Receivable Reserves TotalAccountsReceivableReserves	6145000	USD
CY2017Q1	akam	Total Accounts Receivable Reserves TotalAccountsReceivableReserves	1134000	USD
CY2014Q1	akam	Value Per Conversionof Convertible Debt ValuePerConversionofConvertibleDebt	1000	USD
CY2017Q1	dei	Amendment Flag AmendmentFlag	false
CY2017Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2017Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2017Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
CY2017Q1	dei	Document Period End Date DocumentPeriodEndDate	2017-03-31
CY2017Q1	dei	Document Type DocumentType	10-Q
CY2017Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001086222
CY2017Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	172873380	shares
CY2017Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2017Q1	dei	Entity Registrant Name EntityRegistrantName	AKAMAI TECHNOLOGIES INC
CY2016Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	374741000	USD
CY2016Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	76120000	USD
CY2017Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	90179000	USD
CY2017Q1	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	401926000	USD
CY2016Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	368596000	USD
CY2017Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	400792000	USD
CY2016Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	238777000	USD
CY2017Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	218028000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-56222000	USD
CY2017Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-45913000	USD
CY2016Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	4239588000	USD
CY2017Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	4254982000	USD
CY2016Q1	us-gaap	Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	2752000	USD
CY2017Q1	us-gaap	Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-129000	USD
CY2016Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	31741000	USD
CY2017Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	38986000	USD
CY2016Q1	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	19608000	USD
CY2017Q1	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	21001000	USD
CY2016Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	829000	USD
CY2017Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	787000	USD
CY2016Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	4653000	USD
CY2017Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	4597000	USD
CY2016Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6716000	USD
CY2017Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7569000	USD
CY2016Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	21522000	shares
CY2017Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	19345000	shares
CY2016Q4	us-gaap	Assets Assets	4373146000	USD
CY2017Q1	us-gaap	Assets Assets	4449995000	USD
CY2016Q4	us-gaap	Assets Current AssetsCurrent	1309917000	USD
CY2017Q1	us-gaap	Assets Current AssetsCurrent	1398461000	USD
CY2016Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	1288138000	USD
CY2017Q1	us-gaap	Available For Sale Securities AvailableForSaleSecurities	1055939000	USD
CY2016Q4	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	158000	USD
CY2017Q1	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	135000	USD
CY2016Q4	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	5108000	USD
CY2017Q1	us-gaap	Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	3787000	USD
CY2016Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	1293088000	USD
CY2017Q1	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	1059591000	USD
CY2016Q4	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	512849000	USD
CY2017Q1	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	322750000	USD
CY2016Q4	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	775566000	USD
CY2017Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	733399000	USD
CY2016Q4	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	512572000	USD
CY2017Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	322540000	USD
CY2016Q4	us-gaap	Available For Sale Securities Noncurrent AvailableForSaleSecuritiesNoncurrent	775566000	USD
CY2017Q1	us-gaap	Available For Sale Securities Noncurrent AvailableForSaleSecuritiesNoncurrent	733399000	USD
CY2016Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	19518000	USD
CY2017Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	39200000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	289473000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	312912000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	324169000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	522319000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	23439000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	198150000	USD
CY2014Q1	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	104.49
CY2014Q1	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	7700000	shares
CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	700000000	shares
CY2017Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	700000000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	173254797	shares
CY2017Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	174290998	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	173254797	shares
CY2017Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	173189385	shares
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	1733000	USD
CY2017Q1	us-gaap	Common Stock Value CommonStockValue	1743000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	87519000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	91239000	USD
CY2016Q4	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	640087000	USD
CY2017Q1	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	645719000	USD
CY2016Q4	us-gaap	Convertible Preferred Stock Shares Reserved For Future Issuance ConvertiblePreferredStockSharesReservedForFutureIssuance	700000	shares
CY2017Q1	us-gaap	Convertible Preferred Stock Shares Reserved For Future Issuance ConvertiblePreferredStockSharesReservedForFutureIssuance	700000	shares
CY2016Q1	us-gaap	Cost Of Revenue CostOfRevenue	194736000	USD
CY2017Q1	us-gaap	Cost Of Revenue CostOfRevenue	205703000	USD
CY2016Q1	us-gaap	Costs And Expenses CostsAndExpenses	453606000	USD
CY2017Q1	us-gaap	Costs And Expenses CostsAndExpenses	494009000	USD
CY2014Q1	us-gaap	Debt Instrument Convertible Conversion Price1 DebtInstrumentConvertibleConversionPrice1	89.56
CY2014Q1	us-gaap	Debt Instrument Convertible Conversion Ratio1 DebtInstrumentConvertibleConversionRatio1	0.0111651
CY2014Q1	us-gaap	Debt Instrument Convertible Threshold Consecutive Trading Days DebtInstrumentConvertibleThresholdConsecutiveTradingDays	P30D
CY2014Q1	us-gaap	Debt Instrument Convertible Threshold Percentage Of Stock Price Trigger DebtInstrumentConvertibleThresholdPercentageOfStockPriceTrigger	1.3
CY2014Q1	us-gaap	Debt Instrument Convertible Threshold Trading Days DebtInstrumentConvertibleThresholdTradingDays	20	D
CY2016Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	690000000	USD
CY2017Q1	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	690000000	USD
CY2014Q1	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	690000000	USD
CY2014Q1	us-gaap	Debt Instrument Interest Rate Effective Percentage DebtInstrumentInterestRateEffectivePercentage	0.032
CY2016Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	49913000	USD
CY2017Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	44281000	USD
CY2016Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1072000	USD
CY2017Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	31972000	USD
CY2016Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	52972000	USD
CY2017Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	63434000	USD
CY2016Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	3758000	USD
CY2017Q1	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	4505000	USD
CY2016Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	8982000	USD
CY2017Q1	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	7332000	USD
CY2016Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	11652000	USD
CY2017Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	39902000	USD
CY2016Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	80669000	USD
CY2017Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	86533000	USD
CY2016Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.42
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.47
CY2016Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.42
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.46
CY2016Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	4365000	USD
CY2017Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	4979000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	178287000	USD
CY2016Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.335
CY2017Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.294
CY2016Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	5203000	USD
CY2017Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	6411000	USD
CY2016Q1	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	12133000	USD
CY2017Q1	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	17985000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	171658000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	21600000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	16600000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	21100000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	25000000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	26400000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	321121000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	320181000	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	149463000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	141894000	USD
CY2016Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	102283000	USD
CY2017Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	115009000	USD
CY2016Q4	us-gaap	Goodwill Goodwill	1228503000	USD
CY2017Q1	us-gaap	Goodwill Goodwill	1229504000	USD
CY2017Q1	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	1091000	USD
CY2017Q1	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	-90000	USD
CY2016Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	112597000	USD
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	114571000	USD
CY2016Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	37739000	USD
CY2017Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	33641000	USD
CY2016Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	28010000	USD
CY2017Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	41133000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-32377000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-23940000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-15906000	USD
CY2017Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	30146000	USD
CY2016Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	10653000	USD
CY2017Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	10876000	USD
CY2016Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	1949000	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	13512000	USD
CY2016Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3481000	USD
CY2017Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	47065000	USD
CY2016Q1	us-gaap	Increase Decrease In Restructuring Reserve IncreaseDecreaseInRestructuringReserve	6876000	USD
CY2017Q1	us-gaap	Increase Decrease In Restructuring Reserve IncreaseDecreaseInRestructuringReserve	3516000	USD
CY2016Q1	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	0	shares
CY2017Q1	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	0	shares
CY2016Q1	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
CY2017Q1	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
CY2016Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	149463000	USD
CY2017Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	141894000	USD
CY2016Q1	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	785000	USD
CY2017Q1	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	1035000	USD
CY2016Q1	us-gaap	Interest Costs Incurred InterestCostsIncurred	5438000	USD
CY2017Q1	us-gaap	Interest Costs Incurred InterestCostsIncurred	5632000	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	4653000	USD
CY2017Q1	us-gaap	Interest Expense InterestExpense	4597000	USD
CY2016Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	3320000	USD
CY2017Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	4624000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	1148776000	USD
CY2017Q1	us-gaap	Liabilities Liabilities	1191449000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4373146000	USD
CY2017Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4449995000	USD
CY2016Q4	us-gaap	Liabilities Current LiabilitiesCurrent	374588000	USD
CY2017Q1	us-gaap	Liabilities Current LiabilitiesCurrent	381876000	USD
CY2017Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	684300000	USD
CY2016Q4	us-gaap	Marketable Securities Noncurrent MarketableSecuritiesNoncurrent	779311000	USD
CY2017Q1	us-gaap	Marketable Securities Noncurrent MarketableSecuritiesNoncurrent	739065000	USD
CY2015	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-297029000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-116871000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-205025000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-291088000	USD
CY2016	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-359779000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-88858000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-55428000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	139411000	USD
CY2015	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	793452000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	191373000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	435742000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	687590000	USD
CY2016	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	871812000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	142618000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	74858000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	80930000	USD
CY2017Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2016Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	114119000	USD
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	115228000	USD
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	95953000	USD
CY2017Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	109015000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	9653000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	9499000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	12661000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	10309000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	3008000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	810000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	1783000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	488000	USD
CY2016Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	6719000	USD
CY2017Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	10235000	USD
CY2016Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	118691000	USD
CY2017Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	119447000	USD
CY2016Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-189000	USD
CY2017Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-684000	USD
CY2014Q1	us-gaap	Payments For Hedge Financing Activities PaymentsForHedgeFinancingActivities	101300000	USD
CY2016Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	2354000	USD
CY2017Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	1230000	USD
CY2014Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	62000000	USD
CY2016Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	108725000	USD
CY2017Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	72467000	USD
CY2016Q1	us-gaap	Payments For Software PaymentsForSoftware	40534000	USD
CY2017Q1	us-gaap	Payments For Software PaymentsForSoftware	45957000	USD
CY2016Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	26496000	USD
CY2017Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	33921000	USD
CY2016Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	95843000	USD
CY2017Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	92306000	USD
CY2016Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2017Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	10000	USD
CY2016Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	41806000	USD
CY2017Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	45224000	USD
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2017Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	104303000	USD
CY2017Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	152600000	USD
CY2017Q1	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	800000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	18350000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	17530000	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	78000000	USD
CY2016Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	125109000	USD
CY2017Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	143881000	USD
CY2016Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	0	USD
CY2017Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	180257000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	801017000	USD
CY2017Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	824724000	USD
CY2016Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	40842000	USD
CY2017Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	52162000	USD
CY2016Q1	us-gaap	Restructuring Charges RestructuringCharges	6818000	USD
CY2017Q1	us-gaap	Restructuring Charges RestructuringCharges	0	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-960729000	USD
CY2017Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-879799000	USD
CY2016Q1	us-gaap	Revenues Revenues	567725000	USD
CY2017Q1	us-gaap	Revenues Revenues	609237000	USD
CY2016Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	102211000	USD
CY2017Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	113566000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	31741000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	38986000	USD
CY2017Q1	us-gaap	Share Price SharePrice	59.7
CY2016Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	1000000000.0	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	3224370000	USD
CY2017Q1	us-gaap	Stockholders Equity StockholdersEquity	3258546000	USD
CY2016Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	0	shares
CY2017Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	1101613	shares
CY2016Q4	us-gaap	Treasury Stock Value TreasuryStockValue	0	USD
CY2017Q1	us-gaap	Treasury Stock Value TreasuryStockValue	72467000	USD
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	177539000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	175171000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	176403000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	173158000	shares
CY2017Q1	us-gaap	Loss Contingency Disclosures LossContingencyDisclosures	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Commitments and Contingencies</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Legal Matters</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2016, as part of the resolution of a patent infringement lawsuit filed by the Company against Limelight Networks, Inc. (“Limelight”) in 2006, the Company agreed to license to Limelight technology covered by certain of the Company’s patents.  The terms of the agreement require Limelight to pay the Company </font><font style="font-family:inherit;font-size:10pt;">$54.0 million</font><font style="font-family:inherit;font-size:10pt;"> in </font><font style="font-family:inherit;font-size:10pt;">12</font><font style="font-family:inherit;font-size:10pt;"> equal installments over </font><font style="font-family:inherit;font-size:10pt;">three years</font><font style="font-family:inherit;font-size:10pt;">, beginning in August 2016. During the three months ended </font><font style="font-family:inherit;font-size:10pt;">March 31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company received </font><font style="font-family:inherit;font-size:10pt;">$4.5 million</font><font style="font-family:inherit;font-size:10pt;"> under this agreement, of which </font><font style="font-family:inherit;font-size:10pt;">$4.0 million</font><font style="font-family:inherit;font-size:10pt;"> was recorded as a reduction to general and administrative expenses in the consolidated statement of income and </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> recorded as interest income.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In November 2015, Limelight filed a complaint in the U.S. District Court for the Eastern District of Virginia against the Company and XO Communications LLC (“XO”), alleging patent infringement by the </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> companies.  The complaint alleges that the Company and XO infringed </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> of Limelight’s content delivery patents. The complaint seeks to recover from the Company and XO monetary damages based upon lost revenue due to infringing technology used by the companies.  The Company has agreed to indemnify XO for damages it incurs in this matter. The Company has made counterclaims in the action against Limelight alleging that Limelight has infringed </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;"> of the Company’s content delivery patents, and the Company is seeking monetary damages based upon lost revenue due to the infringing technology used by Limelight.  </font><font style="font-family:inherit;font-size:10pt;">No</font><font style="font-family:inherit;font-size:10pt;"> provision with respect to this matter has been made in the Company’s consolidated financial statements.  An estimate of the possible loss or range of loss cannot be made.</font></div></div>

Files In Submission

Name	View Source	Status
0001086222-17-000143-index-headers.html	Edgar Link	pending
0001086222-17-000143-index.html	Edgar Link	pending
0001086222-17-000143.txt	Edgar Link	pending
0001086222-17-000143-xbrl.zip	Edgar Link	pending
akam-20170331.xml	Edgar Link	completed
akam-20170331.xsd	Edgar Link	pending
akam-20170331_cal.xml	Edgar Link	unprocessable
akam-20170331_def.xml	Edgar Link	unprocessable
akam-20170331_lab.xml	Edgar Link	unprocessable
akam-20170331_pre.xml	Edgar Link	unprocessable
akam10q3312017.htm	Edgar Link	pending
akam10q3312017ex311.htm	Edgar Link	pending
akam10q3312017ex312.htm	Edgar Link	pending
akam10q3312017ex321.htm	Edgar Link	pending
akam10q3312017ex322.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
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$AKAM
AKAMAI TECHNOLOGIES INC Stock $akam

2017 Q1 Form 10-Q Financial Statement

#000108622217000143 Filed on May 09, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AKAM AKAMAI TECHNOLOGIES INC Stock $akam

2017 Q1 Form 10-Q Financial Statement

#000108622217000143 Filed on May 09, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AKAM
AKAMAI TECHNOLOGIES INC Stock $akam