$CHGG
CHEGG, INC Stock $chgg

$chgg Overview Financials Valuation SEC Filings Company Website

2017 Q1 Form 10-Q Financial Statement

#000136495417000103 Filed on May 01, 2017

Income Statement

Concept	2017 Q1	2016 Q1
Revenue	$62.60M	$66.65M
YoY Change	-6.08%	-21.47%
Cost Of Revenue	$21.40M	$38.92M
YoY Change	-45.03%	-40.57%
Gross Profit	$41.21M	$27.73M
YoY Change	48.59%	43.1%
Gross Profit Margin	65.82%	41.6%
Selling, General & Admin	$31.31M	$27.11M
YoY Change	15.47%	-18.26%
% of Gross Profit	75.97%	97.77%
Research & Development	$19.30M	$16.96M
YoY Change	13.82%	5.04%
% of Gross Profit	46.84%	61.15%
Depreciation & Amortization	$4.400M	$7.100M
YoY Change	-38.03%	-60.11%
% of Gross Profit	10.68%	25.6%
Operating Expenses	$46.74M	$43.02M
YoY Change	8.65%	-9.7%
Operating Profit	-$5.536M	-$15.29M
YoY Change	-63.79%	-45.9%
Interest Expense	$0.00	-$100.0K
YoY Change	-100.0%	0.0%
% of Operating Profit
Other Income/Expense, Net	-$218.0K	$5.000K
YoY Change	-4460.0%	-66.67%
Pretax Income	-$5.754M	-$15.29M
YoY Change	-62.36%	-45.89%
Income Tax	$647.0K	$400.0K
% Of Pretax Income
Net Earnings	-$6.401M	-$15.69M
YoY Change	-59.19%	-45.05%
Net Earnings / Revenue	-10.22%	-23.53%
Basic Earnings Per Share	-$0.07	-$0.18
Diluted Earnings Per Share	-$0.07	-$176.2K
COMMON SHARES
Basic Shares Outstanding	92.83M shares	89.12M shares
Diluted Shares Outstanding	92.83M shares

Balance Sheet

Concept	2017 Q1	2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$70.30M	$61.50M
YoY Change	14.31%	-22.05%
Cash & Equivalents	$70.29M	$41.50M
Short-Term Investments		$20.00M
Other Short-Term Assets	$16.64M	$43.19M
YoY Change	-61.48%	983.59%
Inventory
Prepaid Expenses	$8.197M	$8.477M
Receivables	$8.787M	$10.96M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$103.9M	$124.1M
YoY Change	-16.29%	21.5%
LONG-TERM ASSETS
Property, Plant & Equipment	$36.78M	$23.36M
YoY Change	57.43%	30.57%
Goodwill	$116.2M	$91.30M
YoY Change	27.31%	0.0%
Intangibles	$19.35M	$8.237M
YoY Change	134.85%	-31.73%
Long-Term Investments		$2.900M
YoY Change
Other Assets	$4.699M	$4.169M
YoY Change	12.71%	140.7%
Total Long-Term Assets	$177.1M	$150.6M
YoY Change	17.58%	-27.45%
TOTAL ASSETS
Total Short-Term Assets	$103.9M	$124.1M
Total Long-Term Assets	$177.1M	$150.6M
Total Assets	$281.0M	$274.7M
YoY Change	2.28%	-11.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.261M	$4.307M
YoY Change	-24.29%	-11.12%
Accrued Expenses	$41.01M	$19.27M
YoY Change	112.75%	-4.52%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$62.37M	$50.35M
YoY Change	23.88%	-28.07%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$4.500M	$4.000M
YoY Change	12.5%	-6.65%
Total Long-Term Liabilities	$4.542M	$3.969M
YoY Change	14.44%	-7.37%
TOTAL LIABILITIES
Total Short-Term Liabilities	$62.37M	$50.35M
Total Long-Term Liabilities	$4.542M	$3.969M
Total Liabilities	$66.91M	$54.32M
YoY Change	23.19%	-26.88%
SHAREHOLDERS EQUITY
Retained Earnings	-$377.7M	-$344.8M
YoY Change	9.56%	15.53%
Common Stock	$591.9M	$565.3M
YoY Change	4.71%	5.89%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$214.1M	$220.4M
YoY Change
Total Liabilities & Shareholders Equity	$281.0M	$274.7M
YoY Change	2.28%	-11.3%

Cashflow Statement

Concept	2017 Q1	2016 Q1
OPERATING ACTIVITIES
Net Income	-$6.401M	-$15.69M
YoY Change	-59.19%	-45.05%
Depreciation, Depletion And Amortization	$4.400M	$7.100M
YoY Change	-38.03%	-60.11%
Cash From Operating Activities	$1.194M	-$19.23M
YoY Change	-106.21%	-387.06%
INVESTING ACTIVITIES
Capital Expenditures	$4.770M	$4.800M
YoY Change	-0.63%	223.01%
Acquisitions	$188.0K	$0.00
YoY Change
Other Investing Activities	$6.800M	$5.300M
YoY Change	28.3%	-70.39%
Cash From Investing Activities	$1.985M	$39.00K
YoY Change	4989.74%	-100.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$9.855M	-$6.331M
YoY Change	55.66%
NET CHANGE
Cash From Operating Activities	$1.194M	-$19.23M
Cash From Investing Activities	$1.985M	$39.00K
Cash From Financing Activities	-$9.855M	-$6.331M
Net Change In Cash	-$6.676M	-$25.53M
YoY Change	-73.85%	318.44%
FREE CASH FLOW
Cash From Operating Activities	$1.194M	-$19.23M
Capital Expenditures	$4.770M	$4.800M
Free Cash Flow	-$3.576M	-$24.03M
YoY Change	-85.12%	-560.93%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q1	chgg	Depreciation Textbook Library DepreciationTextbookLibrary	4496000	USD
CY2017Q1	chgg	Depreciation Textbook Library DepreciationTextbookLibrary	0	USD
CY2016Q1	chgg	Loss From Write Offs Of Textbooks LossFromWriteOffsOfTextbooks	224000	USD
CY2017Q1	chgg	Loss From Write Offs Of Textbooks LossFromWriteOffsOfTextbooks	314000	USD
CY2016Q1	chgg	Payments To Acquire Textbooks PaymentsToAcquireTextbooks	442000	USD
CY2017Q1	chgg	Payments To Acquire Textbooks PaymentsToAcquireTextbooks	0	USD
CY2016Q1	chgg	Proceeds From Issuance Of Employee Stock Purchase Plan ProceedsFromIssuanceOfEmployeeStockPurchasePlan	0	USD
CY2017Q1	chgg	Proceeds From Issuance Of Employee Stock Purchase Plan ProceedsFromIssuanceOfEmployeeStockPurchasePlan	2763000	USD
CY2016Q1	chgg	Proceeds From Sale Of Textbooks ProceedsFromSaleOfTextbooks	6120000	USD
CY2017Q1	chgg	Proceeds From Sale Of Textbooks ProceedsFromSaleOfTextbooks	6943000	USD
CY2016Q1	chgg	Rental Revenue Net RentalRevenueNet	14564000	USD
CY2017Q1	chgg	Rental Revenue Net RentalRevenueNet	0	USD
CY2016Q4	chgg	Textbook Library Net TextbookLibraryNet	2575000	USD
CY2017Q1	chgg	Textbook Library Net TextbookLibraryNet	0	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	us-gaap	Common Stock Value CommonStockValue	94000	USD
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	0001364954
CY2017Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	94451185	shares
CY2017Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2017Q1	dei	Entity Registrant Name EntityRegistrantName	CHEGG, INC
CY2016Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	5175000	USD
CY2017Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	3261000	USD
CY2016Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	10451000	USD
CY2017Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	8787000	USD
CY2016Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	44319000	USD
CY2017Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	41005000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-176000	USD
CY2017Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-77000	USD
CY2016Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	593351000	USD
CY2017Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	591774000	USD
CY2016Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11270000	USD
CY2017Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	8278000	USD
CY2016Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	436000	USD
CY2017Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	190000	USD
CY2016Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	14466000	shares
CY2017Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	10063000	shares
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CY2017Q1	us-gaap	Assets Current AssetsCurrent	103915000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	67029000	USD
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CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
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CY2017Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	94244990	shares
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	92000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-15617000	USD
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-6302000	USD
CY2016Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	11535000	USD
CY2017Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	0	USD
CY2016Q1	us-gaap	Cost Of Revenue CostOfRevenue	38923000	USD
CY2017Q1	us-gaap	Cost Of Revenue CostOfRevenue	21396000	USD
CY2016Q1	us-gaap	Cost Of Services CostOfServices	13875000	USD
CY2017Q1	us-gaap	Cost Of Services CostOfServices	21396000	USD
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CY2017Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	18106000	USD
CY2016Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	13513000	USD
CY2017Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	0	USD
CY2016Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.18
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CY2016Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	0	USD
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CY2017Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	17573000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	874000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	3947000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	815000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	2153000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	3510000	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	4446000	USD
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CY2016Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	1005000	USD
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CY2017Q1	us-gaap	Goodwill Goodwill	116239000	USD
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CY2016Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	400000	USD
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CY2017Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	388000	USD
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CY2016Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	11798000	USD
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CY2016Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-60000	USD
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CY2016Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	4383000	USD
CY2017Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	4542000	USD
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CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	68000	USD
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CY2016Q1	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	2577000	USD
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CY2016Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-23000	USD
CY2017Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	46000	USD
CY2016Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	65000	USD
CY2017Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-199000	USD
CY2016	us-gaap	Payments For Restructuring PaymentsForRestructuring	1789000	USD
CY2017Q1	us-gaap	Payments For Restructuring PaymentsForRestructuring	536000	USD
CY2016Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	6331000	USD
CY2017Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	12618000	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	188000	USD
CY2016Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	7633000	USD
CY2017Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	0	USD
CY2016Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4800000	USD
CY2017Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4770000	USD
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2017Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2017Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	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 Current PrepaidExpenseCurrent	2579000	USD
CY2017Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	8197000	USD
CY2016Q1	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	6244000	USD
CY2017Q1	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	0	USD
CY2016Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	550000	USD
CY2017Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	0	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	35305000	USD
CY2017Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	36778000	USD
CY2016Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	16958000	USD
CY2017Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	19302000	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	100000	USD
CY2017Q1	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	500000	USD
CY2016Q1	us-gaap	Restructuring Charges RestructuringCharges	-44000	USD
CY2016	us-gaap	Restructuring Charges RestructuringCharges	-423000	USD
CY2017Q1	us-gaap	Restructuring Charges RestructuringCharges	900000	USD
CY2015Q4	us-gaap	Restructuring Reserve RestructuringReserve	2518000	USD
CY2016Q4	us-gaap	Restructuring Reserve RestructuringReserve	306000	USD
CY2017Q1	us-gaap	Restructuring Reserve RestructuringReserve	670000	USD
CY2017Q1	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	500000	USD
CY2017Q1	us-gaap	Restructuring Reserve Noncurrent RestructuringReserveNoncurrent	200000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-371328000	USD
CY2017Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-377729000	USD
CY2016Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	12338000	USD
CY2017Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	0	USD
CY2016Q1	us-gaap	Sales Revenue Net SalesRevenueNet	66654000	USD
CY2017Q1	us-gaap	Sales Revenue Net SalesRevenueNet	62602000	USD
CY2016Q1	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	39752000	USD
CY2017Q1	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	62602000	USD
CY2016Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	14446000	USD
CY2017Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	15964000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	11270000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	8278000	USD
CY2016Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0	shares
CY2017Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0	shares
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	221939000	USD
CY2017Q1	us-gaap	Stockholders Equity StockholdersEquity	214062000	USD
CY2016Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	89118000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	92830000	shares
CY2017Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassification of Prior Period Presentation</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In order to conform with current period presentation, </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> of sales revenues and </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;"> of sales cost of revenues have been reclassified to services revenues and services cost of revenues, respectively, on our condensed consolidated statements of operations for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March 31, 2016</font><font style="font-family:inherit;font-size:10pt;">. Additionally, we have reclassified </font><font style="font-family:inherit;font-size:10pt;">$1.2 million</font><font style="font-family:inherit;font-size:10pt;"> from other current assets to accounts receivable on our condensed consolidated balance sheet as of </font><font style="font-family:inherit;font-size:10pt;">December 31, 2016</font><font style="font-family:inherit;font-size:10pt;">. These changes in presentation do not affect previously reported results.</font></div></div>
CY2017Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;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:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with generally accepted accounting principles in the United States (U.S. GAAP) requires management to make estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities; the disclosure of contingent liabilities at the date of the financial statements; and the reported amounts of revenues and expenses during the reporting periods. Significant estimates, assumptions, and judgments are used for, but not limited to: revenue recognition, recoverability of accounts receivable, restructuring charges, share-based compensation expense including estimated forfeitures, accounting for income taxes, useful lives assigned to long-lived assets for depreciation and amortization, impairment of goodwill and long-lived assets, and the valuation of acquired intangible assets. We base our estimates on historical experience, knowledge of current business conditions, and various other factors we believe to be reasonable under the circumstances. These estimates are based on management’s knowledge about current events and expectations about actions we may undertake in the future. Actual results could differ from these estimates, and such differences could be material to our financial position and results of operations.</font></div></div>

Files In Submission

Name	View Source	Status
0001364954-17-000103-index-headers.html	Edgar Link	pending
0001364954-17-000103-index.html	Edgar Link	pending
0001364954-17-000103.txt	Edgar Link	pending
0001364954-17-000103-xbrl.zip	Edgar Link	pending
chegg2017-03x3110q.htm	Edgar Link	pending
chgg-20170331.xml	Edgar Link	completed
chgg-20170331.xsd	Edgar Link	pending
chgg-20170331_cal.xml	Edgar Link	unprocessable
chgg-20170331_def.xml	Edgar Link	unprocessable
chgg-20170331_lab.xml	Edgar Link	unprocessable
chgg-20170331_pre.xml	Edgar Link	unprocessable
currentchegglogoa10.jpg	Edgar Link	pending
ex31012017-03x31.htm	Edgar Link	pending
ex31022017-03x31.htm	Edgar Link	pending
ex32012017-03x31.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
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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

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$CHGG
CHEGG, INC Stock $chgg

2017 Q1 Form 10-Q Financial Statement

#000136495417000103 Filed on May 01, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CHGG CHEGG, INC Stock $chgg

2017 Q1 Form 10-Q Financial Statement

#000136495417000103 Filed on May 01, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CHGG
CHEGG, INC Stock $chgg