2022 Q3 Form 10-Q Financial Statement

#000166607122000108 Filed on August 02, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $72.71M $75.41M $67.93M
YoY Change 11.88% 28.12% 27.61%
Cost Of Revenue $37.56M $40.28M $34.27M
YoY Change 10.19% 37.84% 15.12%
Gross Profit $35.14M $35.13M $33.66M
YoY Change 13.75% 18.55% 43.47%
Gross Profit Margin 48.34% 46.58% 49.55%
Selling, General & Admin $38.26M $42.97M $38.07M
YoY Change 3.95% 26.56% 50.03%
% of Gross Profit 108.87% 122.33% 113.12%
Research & Development $13.76M $13.58M $12.29M
YoY Change 23.53% 52.01% 97.67%
% of Gross Profit 39.16% 38.66% 36.52%
Depreciation & Amortization $10.47M $10.36M $9.871M
YoY Change 24.99% 17.31% 222.06%
% of Gross Profit 29.79% 29.48% 29.33%
Operating Expenses $52.02M $56.55M $50.36M
YoY Change 8.5% 31.86% 59.4%
Operating Profit $11.52M -$122.3M $35.66M
YoY Change -128.95% 176.56% -260.84%
Interest Expense -$5.253M -$5.417M -$2.618M
YoY Change 10.92% 75.99% -14.16%
% of Operating Profit -45.6% -7.34%
Other Income/Expense, Net -$5.253M -$5.417M -$2.618M
YoY Change 10.92% 75.99% -3.96%
Pretax Income $6.267M -$127.7M $33.04M
YoY Change -114.07% 170.02% -232.71%
Income Tax $0.00 -$1.446M $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $6.267M -$126.3M $33.04M
YoY Change -114.07% 166.96% -232.71%
Net Earnings / Revenue 8.62% -167.48% 48.64%
Basic Earnings Per Share $0.19 -$3.75 $0.98
Diluted Earnings Per Share $0.19 -$3.75 $0.91
COMMON SHARES
Basic Shares Outstanding 32.89M shares 34.12M shares 33.74M shares
Diluted Shares Outstanding 33.27M shares 33.64M shares 37.19M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $138.5M $157.0M $208.3M
YoY Change -41.65% -37.34% -66.05%
Cash & Equivalents $138.5M $157.0M $208.3M
Short-Term Investments
Other Short-Term Assets $8.771M $9.739M $8.901M
YoY Change 11.46% 18.15% 14.12%
Inventory
Prepaid Expenses
Receivables $97.17M $92.21M $96.53M
Other Receivables $4.675M $4.955M $5.717M
Total Short-Term Assets $249.1M $263.9M $319.4M
YoY Change -25.75% -22.02% -54.53%
LONG-TERM ASSETS
Property, Plant & Equipment $7.103M $8.619M $9.909M
YoY Change -42.56% -34.18% -29.81%
Goodwill $665.8M $665.8M $747.6M
YoY Change -7.39% -7.33% 267.94%
Intangibles $113.9M $121.0M $128.3M
YoY Change -12.87% -11.76% 62.38%
Long-Term Investments
YoY Change
Other Assets $2.737M $3.106M $2.638M
YoY Change 6.79% 18.69% -1.6%
Total Long-Term Assets $817.2M $825.6M $911.7M
YoY Change -8.08% -7.7% 184.51%
TOTAL ASSETS
Total Short-Term Assets $249.1M $263.9M $319.4M
Total Long-Term Assets $817.2M $825.6M $911.7M
Total Assets $1.066B $1.090B $1.231B
YoY Change -12.92% -11.63% 20.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.768M $2.810M $3.839M
YoY Change 25.28% -46.14% 18.16%
Accrued Expenses $20.56M $20.96M $14.63M
YoY Change 239.54% 155.43% 67.9%
Deferred Revenue $3.004M $4.654M $3.122M
YoY Change 14.35% 67.59% 1105.41%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $37.00K $37.00K $36.00K
YoY Change 5.71% 60.87% 414.29%
Total Short-Term Liabilities $254.9M $293.5M $246.8M
YoY Change -7.12% 11.62% 168.14%
LONG-TERM LIABILITIES
Long-Term Debt $225.7M $225.3M $225.0M
YoY Change 24.15% 25.78% 27.47%
Other Long-Term Liabilities $21.00K $28.00K $4.037M
YoY Change -96.91% -95.88% 494.55%
Total Long-Term Liabilities $21.00K $28.00K $4.037M
YoY Change -96.91% -95.88% 494.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $254.9M $293.5M $246.8M
Total Long-Term Liabilities $21.00K $28.00K $4.037M
Total Liabilities $485.8M $525.4M $519.5M
YoY Change -9.36% 1.33% 86.78%
SHAREHOLDERS EQUITY
Retained Earnings -$598.3M -$604.6M -$478.3M
YoY Change 17.13% 29.66% 14.16%
Common Stock $1.169B $1.163B $1.188B
YoY Change -2.47% -1.54% 2.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $580.5M $564.2M $711.7M
YoY Change
Total Liabilities & Shareholders Equity $1.066B $1.090B $1.231B
YoY Change -12.92% -11.63% 20.35%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $6.267M -$126.3M $33.04M
YoY Change -114.07% 166.96% -232.71%
Depreciation, Depletion And Amortization $10.47M $10.36M $9.871M
YoY Change 24.99% 17.31% 222.06%
Cash From Operating Activities -$14.43M -$6.678M -$19.69M
YoY Change 38.02% -55.42% 57.13%
INVESTING ACTIVITIES
Capital Expenditures -$3.304M -$4.269M $397.0K
YoY Change 15.08% 44.76% -71.17%
Acquisitions $2.274M
YoY Change -98.47%
Other Investing Activities $0.00 $0.00 -$2.274M
YoY Change -100.0% -98.47%
Cash From Investing Activities -$3.304M -$4.269M -$5.034M
YoY Change 15.08% -98.77% -96.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $40.00M $195.0K
YoY Change -99.96%
Debt Paid & Issued, Net $13.00K
YoY Change 116.67%
Cash From Financing Activities -6.000K -39.98M $182.0K
YoY Change -101.62% -5554.84% -99.96%
NET CHANGE
Cash From Operating Activities -14.43M -6.678M -$19.69M
Cash From Investing Activities -3.304M -4.269M -$5.034M
Cash From Financing Activities -6.000K -39.98M $182.0K
Net Change In Cash -17.74M -50.93M -$25.18M
YoY Change 36.92% -85.96% -107.86%
FREE CASH FLOW
Cash From Operating Activities -$14.43M -$6.678M -$19.69M
Capital Expenditures -$3.304M -$4.269M $397.0K
Free Cash Flow -$11.13M -$2.409M -$20.09M
YoY Change 46.7% -79.98% 44.42%

Facts In Submission

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CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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CY2021Q2 us-gaap Comprehensive Income Net Of Tax
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CY2022Q2 us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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CY2021Q4 us-gaap Stockholders Equity
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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5094000 usd
us-gaap Net Income Loss
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CY2022Q2 us-gaap Stockholders Equity
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CY2022Q1 us-gaap Stockholders Equity
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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13321000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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1503000 usd
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
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CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3727000 usd
CY2022Q2 us-gaap Net Income Loss
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CY2022Q2 us-gaap Stockholders Equity
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564157000 usd
CY2020Q4 us-gaap Stockholders Equity
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157192000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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20937000 usd
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2022Q2 us-gaap Common Stock Value Outstanding
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us-gaap Stock Issued During Period Value Acquisitions
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us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
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us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Net Income Loss
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q1 us-gaap Stockholders Equity
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CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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13542000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Acquisitions
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CY2021Q2 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
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CY2021Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021Q2 us-gaap Net Income Loss
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CY2021Q2 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11898000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
20227000 usd
cdlx Capitalized Contract Cost Amortization Interest Expense
CapitalizedContractCostAmortizationInterestExpense
448000 usd
cdlx Capitalized Contract Cost Amortization Interest Expense
CapitalizedContractCostAmortizationInterestExpense
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us-gaap Amortization Of Debt Discount Premium
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4680000 usd
us-gaap Amortization Of Debt Discount Premium
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us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2354000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
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2939000 usd
us-gaap Share Based Compensation
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20585000 usd
us-gaap Share Based Compensation
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us-gaap Goodwill Impairment Loss
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us-gaap Goodwill Impairment Loss
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83149000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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1480000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
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cdlx Contract With Customer Asset Deferred Implementation Costs
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cdlx Contract With Customer Asset Deferred Implementation Costs
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us-gaap Increase Decrease In Income Taxes
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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cdlx Increase Decrease In Financial Institution Share Liability
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cdlx Increase Decrease In Financial Institution Share Liability
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cdlx Increase Decrease In Consumer Incentive Liability
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cdlx Increase Decrease In Consumer Incentive Liability
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Intangible Assets
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us-gaap Payments To Acquire Intangible Assets
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us-gaap Payments To Develop Software
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us-gaap Payments To Develop Software
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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2274000 usd
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Repayments Of Long Term Debt
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us-gaap Repayments Of Long Term Debt
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21000 usd
us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Proceeds From Issuance Of Common Stock
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393000 usd
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PaymentsOfStockIssuanceCosts
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us-gaap Payments Of Stock Issuance Costs
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Payments Of Debt Issuance Costs
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us-gaap Payments Of Debt Issuance Costs
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174000 usd
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
293349000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
233562000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
250714000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
157119000 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
250603000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
157038000 usd
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
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111000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
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81000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
250714000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
157119000 usd
us-gaap Interest Paid Net
InterestPaidNet
1139000 usd
us-gaap Interest Paid Net
InterestPaidNet
1188000 usd
cdlx Noncash Or Part Noncash Acquisition Accrued Consideration
NoncashOrPartNoncashAcquisitionAccruedConsideration
117354000 usd
cdlx Noncash Or Part Noncash Acquisition Accrued Consideration
NoncashOrPartNoncashAcquisitionAccruedConsideration
0 usd
CY2021Q2 cdlx Property And Equipment Incurred But Not Yet Paid
PropertyAndEquipmentIncurredButNotYetPaid
390000 usd
CY2022Q2 cdlx Property And Equipment Incurred But Not Yet Paid
PropertyAndEquipmentIncurredButNotYetPaid
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CY2022Q2 us-gaap Payments For Repurchase Of Common Stock
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40000000 usd
CY2022Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
1405655 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
28.44
CY2022Q2 us-gaap Severance Costs1
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us-gaap Use Of Estimates
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<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP 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. Significant items subject to such estimates and assumptions include revenue recognition, internal-use software development costs, stock-based compensation, allowance for doubtful accounts, valuation of acquired intangible assets, valuation of contingent consideration for Bridg, goodwill impairment, income tax including valuation allowance and contingencies. We base our estimates on historical experience and on assumptions that we believe are reasonable. Changes in facts or circumstances may cause us to change our assumptions and estimates in future periods and it is possible that actual results could differ from our current or revised future estimates.</span></div>
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
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CY2021Q2 us-gaap Finance Lease Liability Noncurrent
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CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2021Q2 us-gaap Operating Lease Right Of Use Asset
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CY2021Q4 us-gaap Finance Lease Right Of Use Asset
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CY2021Q2 us-gaap Finance Lease Right Of Use Asset
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CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
10282000 usd
CY2021Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
10370000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
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6028000 usd
CY2021Q2 us-gaap Operating Lease Liability Current
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CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6801000 usd
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6382000 usd
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
36000 usd
CY2021Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
37000 usd
CY2021Q2 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
12538000 usd
CY2021Q2 cdlx Acquisition And Integration Costs Benefit
AcquisitionAndIntegrationCostsBenefit
14200000 usd
cdlx Acquisition And Integration Costs Benefit
AcquisitionAndIntegrationCostsBenefit
21200000 usd
CY2022Q2 cdlx Acquisition And Integration Costs Benefit
AcquisitionAndIntegrationCostsBenefit
2200000 usd
cdlx Acquisition And Integration Costs Benefit
AcquisitionAndIntegrationCostsBenefit
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CY2022Q2 cdlx Business Combination Proforma Information Revenue Of Acquiree Since Acquisition Date Actual Percent
BusinessCombinationProformaInformationRevenueOfAcquireeSinceAcquisitionDateActualPercent
0.03
CY2021Q4 us-gaap Goodwill
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742516000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
5062000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
665813000 usd
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154500000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
34065000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
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120435000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
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7200000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
14379000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
28695000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
27976000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
27336000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
17596000 usd
CY2022Q2 cdlx Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
4453000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
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120435000 usd
CY2021Q2 cdlx Consumer Incentives Expense
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26500000 usd
CY2022Q2 cdlx Consumer Incentives Expense
ConsumerIncentivesExpense
32300000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56763000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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69270000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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109993000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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133253000 usd
CY2021Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
78000 usd
CY2022Q2 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
58000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1800000 usd
CY2022Q2 us-gaap Contract With Customer Liability
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1193000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
24500000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
17400000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2020Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
230000000 usd
CY2020Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0100
CY2020Q3 us-gaap Proceeds From Convertible Debt
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222700000 usd
CY2020Q3 cdlx Adjustments To Additional Paid In Capital Issuance Of Capped Calls
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26500000 usd
CY2020Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0100
CY2020Q3 us-gaap Debt Instrument Convertible Threshold Consecutive Trading Days1
DebtInstrumentConvertibleThresholdConsecutiveTradingDays1
10000 numberofdays
CY2020Q3 us-gaap Debt Instrument Convertible Threshold Percentage Of Stock Price Trigger
DebtInstrumentConvertibleThresholdPercentageOfStockPriceTrigger
0.98
CY2020Q3 us-gaap Debt Instrument Convertible Conversion Ratio1
DebtInstrumentConvertibleConversionRatio1
11.7457
CY2020Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
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CY2020Q3 cdlx Debt Instrument Convertible Redemption Period Days Before Maturity Date
DebtInstrumentConvertibleRedemptionPeriodDaysBeforeMaturityDate
P36D
CY2020Q3 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1
CY2022Q2 cdlx Debt Instrument Convertible Threshold Principal Outstanding Amount For Partial Redemption
DebtInstrumentConvertibleThresholdPrincipalOutstandingAmountForPartialRedemption
75000000 usd
CY2020Q3 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1
CY2020Q3 cdlx Debt Instrument Required Compliance Period Period After Written Notice
DebtInstrumentRequiredCompliancePeriodPeriodAfterWrittenNotice
P60D
CY2020Q3 cdlx Debt Instrument Convertible Percentage Of Holders To Require Written Notice Of Noncompliance
DebtInstrumentConvertiblePercentageOfHoldersToRequireWrittenNoticeOfNoncompliance
0.25
CY2020Q3 cdlx Debt Instrument Convertible Redemption Requirement Amount Of Other Debt Called Due
DebtInstrumentConvertibleRedemptionRequirementAmountOfOtherDebtCalledDue
35000000 usd
CY2020Q3 cdlx Debt Instrument Convertible Percentage Of Holders To Require Written Notice Of Noncompliance
DebtInstrumentConvertiblePercentageOfHoldersToRequireWrittenNoticeOfNoncompliance
0.25
cdlx Debt Instrument Convertible Percentage Of Holders To Require Written Notice Of Noncompliance
DebtInstrumentConvertiblePercentageOfHoldersToRequireWrittenNoticeOfNoncompliance
0.25
cdlx Debt Instrument Convertible Covenant Noncompliance Period Of Additional Interest
DebtInstrumentConvertibleCovenantNoncompliancePeriodOfAdditionalInterest
P365D
cdlx Debt Instrument Convertible Liability Component Discount Rate
DebtInstrumentConvertibleLiabilityComponentDiscountRate
0.0650
CY2021Q2 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
575000 usd
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
575000 usd
CY2021Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2359000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 usd
CY2021Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
215000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
365000 usd
CY2021Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
3149000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
940000 usd
CY2020Q3 cdlx Adjustments To Additional Paid In Capital Issuance Of Capped Calls
AdjustmentsToAdditionalPaidInCapitalIssuanceOfCappedCalls
26500000 usd
CY2020Q3 us-gaap Option Indexed To Issuers Equity Strike Price1
OptionIndexedToIssuersEquityStrikePrice1
85.14
CY2020Q3 cdlx Option Indexed To Issuers Equity Cap Price
OptionIndexedToIssuersEquityCapPrice
128.51
CY2022Q2 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
60000000 usd
CY2022Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0 usd
CY2022Q2 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
60000000 usd
CY2022Q2 cdlx Line Of Credit Facility Maximum Borrowing Capacity Percentage Of Eligible Accounts Receivable
LineOfCreditFacilityMaximumBorrowingCapacityPercentageOfEligibleAccountsReceivable
0.85
CY2022Q2 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
60000000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2033227 shares
CY2022Q2 cdlx Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized Annual Percentage Increase
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorizedAnnualPercentageIncrease
0.05
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
1676682 shares
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13337000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12842000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20585000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26427000 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
400000 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
800000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
cdlx Sharebased Compensation Arrangementby Sharebased Payment Award Monthly Average Closing Price Common Stock Threshold
SharebasedCompensationArrangementbySharebasedPaymentAwardMonthlyAverageClosingPriceCommonStockThreshold
22.31
cdlx Sharebased Compensation Arrangementby Sharebased Payment Award Monthly Average Closing Price Common Stock Threshold
SharebasedCompensationArrangementbySharebasedPaymentAwardMonthlyAverageClosingPriceCommonStockThreshold
22.31
cdlx Sharebased Compensation Arrangementby Sharebased Payment Award Monthly Average Closing Price Common Stock Threshold
SharebasedCompensationArrangementbySharebasedPaymentAwardMonthlyAverageClosingPriceCommonStockThreshold
22.31
CY2021Q1 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
0 usd
CY2022Q1 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
167245000 usd
CY2020Q4 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
0 usd
CY2021Q4 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
232295000 usd
CY2021Q2 us-gaap Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
230921000 usd
CY2022Q2 us-gaap Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
0 usd
us-gaap Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
230921000 usd
us-gaap Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
0 usd
CY2021Q2 us-gaap Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
1480000 usd
CY2022Q2 us-gaap Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-2968000 usd
us-gaap Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
1480000 usd
us-gaap Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-68018000 usd
CY2021Q2 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
232401000 usd
CY2022Q2 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
164277000 usd
CY2021Q2 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
232401000 usd
CY2022Q2 us-gaap Contingent Consideration Classified As Equity Fair Value Disclosure
ContingentConsiderationClassifiedAsEquityFairValueDisclosure
164277000 usd
cdlx Sharebased Compensation Arrangementby Sharebased Payment Award Monthly Average Closing Price Common Stock Threshold
SharebasedCompensationArrangementbySharebasedPaymentAwardMonthlyAverageClosingPriceCommonStockThreshold
22.31
CY2021Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
2903000 usd
CY2022Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
0 usd
CY2020Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
3785000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
0 usd
CY2021Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
-730000 usd
CY2022Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
0 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
-1612000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
0 usd
CY2021Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
2173000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
0 usd
CY2021Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
2173000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
0 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2021Q2 cdlx Adjusted Contribution
AdjustedContribution
29630000 usd
CY2022Q2 cdlx Adjusted Contribution
AdjustedContribution
35125000 usd
cdlx Adjusted Contribution
AdjustedContribution
53971000 usd
cdlx Adjusted Contribution
AdjustedContribution
67900000 usd
CY2021Q2 cdlx Financial Institution Share And Oth0er Third Party Costs Excluding Non Cash Equity Expense And Deferred Implementation Costs
FinancialInstitutionShareAndOth0erThirdPartyCostsExcludingNonCashEquityExpenseAndDeferredImplementationCosts
29223000 usd
CY2022Q2 cdlx Financial Institution Share And Oth0er Third Party Costs Excluding Non Cash Equity Expense And Deferred Implementation Costs
FinancialInstitutionShareAndOth0erThirdPartyCostsExcludingNonCashEquityExpenseAndDeferredImplementationCosts
40280000 usd
cdlx Financial Institution Share And Oth0er Third Party Costs Excluding Non Cash Equity Expense And Deferred Implementation Costs
FinancialInstitutionShareAndOth0erThirdPartyCostsExcludingNonCashEquityExpenseAndDeferredImplementationCosts
58112000 usd
cdlx Financial Institution Share And Oth0er Third Party Costs Excluding Non Cash Equity Expense And Deferred Implementation Costs
FinancialInstitutionShareAndOth0erThirdPartyCostsExcludingNonCashEquityExpenseAndDeferredImplementationCosts
75433000 usd
CY2021Q2 us-gaap Revenues
Revenues
58853000 usd
CY2022Q2 us-gaap Revenues
Revenues
75405000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
30265000 usd
us-gaap Revenues
Revenues
112083000 usd
us-gaap Revenues
Revenues
143333000 usd
CY2021Q2 cdlx Adjusted Contribution
AdjustedContribution
29630000 usd
CY2022Q2 cdlx Adjusted Contribution
AdjustedContribution
35125000 usd
cdlx Adjusted Contribution
AdjustedContribution
53971000 usd
cdlx Adjusted Contribution
AdjustedContribution
67900000 usd
CY2021Q2 cdlx Contract With Customer Asset Deferred Implementation Costs Amortization
ContractWithCustomerAssetDeferredImplementationCostsAmortization
730000 usd
CY2022Q2 cdlx Contract With Customer Asset Deferred Implementation Costs Amortization
ContractWithCustomerAssetDeferredImplementationCostsAmortization
0 usd
cdlx Contract With Customer Asset Deferred Implementation Costs Amortization
ContractWithCustomerAssetDeferredImplementationCostsAmortization
1612000 usd
cdlx Contract With Customer Asset Deferred Implementation Costs Amortization
ContractWithCustomerAssetDeferredImplementationCostsAmortization
0 usd
CY2021Q2 cdlx Delivery Costs
DeliveryCosts
5748000 usd
CY2022Q2 cdlx Delivery Costs
DeliveryCosts
8162000 usd
cdlx Delivery Costs
DeliveryCosts
9686000 usd
cdlx Delivery Costs
DeliveryCosts
14695000 usd
CY2021Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
17063000 usd
CY2022Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
21983000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
15152000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
39631000 usd
CY2021Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8934000 usd
CY2022Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
13581000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
25872000 usd
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16888000 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20984000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
29063000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
41409000 usd
CY2021Q2 cdlx Acquisition And Integration Costs Benefit
AcquisitionAndIntegrationCostsBenefit
14182000 usd
CY2022Q2 cdlx Acquisition And Integration Costs Benefit
AcquisitionAndIntegrationCostsBenefit
2197000 usd
cdlx Acquisition And Integration Costs Benefit
AcquisitionAndIntegrationCostsBenefit
21212000 usd
cdlx Acquisition And Integration Costs Benefit
AcquisitionAndIntegrationCostsBenefit
-2401000 usd
CY2021Q2 cdlx Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
1480000 usd
CY2022Q2 cdlx Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
-2968000 usd
cdlx Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
1480000 usd
cdlx Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
-68018000 usd
CY2021Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
8833000 usd
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
10356000 usd
CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3078000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
11898000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
20227000 usd
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5417000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5804000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-8034000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-47306000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-127736000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-72201000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-94698000 usd
CY2021Q2 us-gaap Revenues
Revenues
58853000 usd
CY2022Q2 us-gaap Revenues
Revenues
75405000 usd
us-gaap Revenues
Revenues
112083000 usd
us-gaap Revenues
Revenues
143333000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11273000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8619000 usd
us-gaap Severance Costs1
SeveranceCosts1
4000000 usd
CY2022Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
40000000 usd

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