2018 Q1 Form 10-Q Financial Statement

#000136495418000113 Filed on April 26, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $76.95M $62.60M
YoY Change 22.92% -6.08%
Cost Of Revenue $20.22M $21.40M
YoY Change -5.48% -45.03%
Gross Profit $56.73M $41.21M
YoY Change 37.66% 48.59%
Gross Profit Margin 73.72% 65.82%
Selling, General & Admin $33.59M $31.31M
YoY Change 7.3% 15.47%
% of Gross Profit 59.22% 75.97%
Research & Development $25.53M $19.30M
YoY Change 32.28% 13.82%
% of Gross Profit 45.01% 46.84%
Depreciation & Amortization $5.200M $4.400M
YoY Change 18.18% -38.03%
% of Gross Profit 9.17% 10.68%
Operating Expenses $59.35M $46.74M
YoY Change 26.96% 8.65%
Operating Profit -$2.620M -$5.536M
YoY Change -52.67% -63.79%
Interest Expense $0.00 $0.00
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net $544.0K -$218.0K
YoY Change -349.54% -4460.0%
Pretax Income -$2.076M -$5.754M
YoY Change -63.92% -62.36%
Income Tax $541.0K $647.0K
% Of Pretax Income
Net Earnings -$2.617M -$6.401M
YoY Change -59.12% -59.19%
Net Earnings / Revenue -3.4% -10.22%
Basic Earnings Per Share -$0.02 -$0.07
Diluted Earnings Per Share -$0.02 -$0.07
COMMON SHARES
Basic Shares Outstanding 110.9M shares 92.83M shares
Diluted Shares Outstanding 110.9M shares 92.83M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $189.1M $70.30M
YoY Change 168.99% 14.31%
Cash & Equivalents $106.8M $70.29M
Short-Term Investments $82.30M
Other Short-Term Assets $6.898M $16.64M
YoY Change -58.54% -61.48%
Inventory
Prepaid Expenses $10.80M $8.197M
Receivables $8.055M $8.787M
Other Receivables $0.00 $0.00
Total Short-Term Assets $214.8M $103.9M
YoY Change 106.75% -16.29%
LONG-TERM ASSETS
Property, Plant & Equipment $48.20M $36.78M
YoY Change 31.05% 57.43%
Goodwill $125.5M $116.2M
YoY Change 7.99% 27.31%
Intangibles $19.90M $19.35M
YoY Change 2.88% 134.85%
Long-Term Investments $10.60M
YoY Change
Other Assets $4.383M $4.699M
YoY Change -6.72% 12.71%
Total Long-Term Assets $208.6M $177.1M
YoY Change 17.83% 17.58%
TOTAL ASSETS
Total Short-Term Assets $214.8M $103.9M
Total Long-Term Assets $208.6M $177.1M
Total Assets $423.5M $281.0M
YoY Change 50.72% 2.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.981M $3.261M
YoY Change 22.08% -24.29%
Accrued Expenses $26.42M $41.01M
YoY Change -35.57% 112.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $49.02M $62.37M
YoY Change -21.4% 23.88%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.400M $4.500M
YoY Change -2.22% 12.5%
Total Long-Term Liabilities $4.443M $4.542M
YoY Change -2.18% 14.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $49.02M $62.37M
Total Long-Term Liabilities $4.443M $4.542M
Total Liabilities $53.47M $66.91M
YoY Change -20.1% 23.19%
SHAREHOLDERS EQUITY
Retained Earnings -$394.3M -$377.7M
YoY Change 4.39% 9.56%
Common Stock $764.2M $591.9M
YoY Change 29.11% 4.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $370.0M $214.1M
YoY Change
Total Liabilities & Shareholders Equity $423.5M $281.0M
YoY Change 50.72% 2.28%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income -$2.617M -$6.401M
YoY Change -59.12% -59.19%
Depreciation, Depletion And Amortization $5.200M $4.400M
YoY Change 18.18% -38.03%
Cash From Operating Activities $6.553M $1.194M
YoY Change 448.83% -106.21%
INVESTING ACTIVITIES
Capital Expenditures $4.883M $4.770M
YoY Change 2.37% -0.63%
Acquisitions $0.00 $188.0K
YoY Change -100.0%
Other Investing Activities $9.100M $6.800M
YoY Change 33.82% 28.3%
Cash From Investing Activities $4.236M $1.985M
YoY Change 113.4% 4989.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$30.42M -$9.855M
YoY Change 208.66% 55.66%
NET CHANGE
Cash From Operating Activities $6.553M $1.194M
Cash From Investing Activities $4.236M $1.985M
Cash From Financing Activities -$30.42M -$9.855M
Net Change In Cash -$19.63M -$6.676M
YoY Change 194.02% -73.85%
FREE CASH FLOW
Cash From Operating Activities $6.553M $1.194M
Capital Expenditures $4.883M $4.770M
Free Cash Flow $1.670M -$3.576M
YoY Change -146.7% -85.12%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q1 chgg Available For Sale Securities Weighted Average Maturity
AvailableForSaleSecuritiesWeightedAverageMaturity
P4M
CY2018Q1 chgg Availableforsale Securities Debt Maturities Year One Through Two Amortized Cost Basis
AvailableforsaleSecuritiesDebtMaturitiesYearOneThroughTwoAmortizedCostBasis
10735000 USD
CY2018Q1 chgg Availableforsale Securities Debt Maturities Year One Through Two Fair Value
AvailableforsaleSecuritiesDebtMaturitiesYearOneThroughTwoFairValue
10628000 USD
CY2017 chgg Finite Lived And Indefinite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedAndIndefiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
6000 USD
CY2018Q1 chgg Finite Lived And Indefinite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedAndIndefiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
172000 USD
CY2018Q1 chgg Increase Decrease In Deferred Revenue Percent
IncreaseDecreaseInDeferredRevenuePercent
0.39
CY2018Q1 chgg Increase Decreasein Accounts Receivable Percent
IncreaseDecreaseinAccountsReceivablePercent
-0.26
CY2017Q1 chgg Loss From Write Offs Of Textbooks
LossFromWriteOffsOfTextbooks
314000 USD
CY2018Q1 chgg Loss From Write Offs Of Textbooks
LossFromWriteOffsOfTextbooks
0 USD
CY2017Q1 chgg Proceeds From Issuance Of Employee Stock Purchase Plan
ProceedsFromIssuanceOfEmployeeStockPurchasePlan
2763000 USD
CY2018Q1 chgg Proceeds From Issuance Of Employee Stock Purchase Plan
ProceedsFromIssuanceOfEmployeeStockPurchasePlan
5222000 USD
CY2017Q1 chgg Proceeds From Sale Of Textbooks
ProceedsFromSaleOfTextbooks
6943000 USD
CY2018Q1 chgg Proceeds From Sale Of Textbooks
ProceedsFromSaleOfTextbooks
0 USD
CY2018Q1 chgg Revenuefrom Contractwith Customer Including Assessed Tax Increase Decrease
RevenuefromContractwithCustomerIncludingAssessedTaxIncreaseDecrease
14347000 USD
CY2018Q1 chgg Revenuefrom Contractwith Customer Including Assessed Tax Increase Decrease Percent
RevenuefromContractwithCustomerIncludingAssessedTaxIncreaseDecreasePercent
0.23
CY2018Q1 dei Amendment Flag
AmendmentFlag
false
CY2018Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2018Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2018Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
CY2018Q1 dei Document Period End Date
DocumentPeriodEndDate
2018-03-31
CY2018Q1 dei Document Type
DocumentType
10-Q
CY2018Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001364954
CY2018Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
112148773 shares
CY2018Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2018Q1 dei Entity Registrant Name
EntityRegistrantName
CHEGG, INC
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
7049000 USD
CY2018Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
3981000 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
10855000 USD
CY2018Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
8055000 USD
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
31074000 USD
CY2018Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
26418000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-282000 USD
CY2018Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
138000 USD
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
782845000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
259000 USD
CY2018Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
176000 USD
CY2018Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
764065000 USD
CY2017Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8278000 USD
CY2018Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11642000 USD
CY2017Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10063000 shares
CY2018Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12870000 shares
CY2017Q4 us-gaap Assets
Assets
446930000 USD
CY2018Q1 us-gaap Assets
Assets
423478000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
228942000 USD
CY2018Q1 us-gaap Assets Current
AssetsCurrent
214843000 USD
CY2018Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
130878000 USD
CY2018Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
114951000 USD
CY2018Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
114782000 USD
CY2018Q1 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
5192000 USD
CY2018Q1 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
5192000 USD
CY2018Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
130602000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
70294000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
126457000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
106827000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77433000 USD
CY2017Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
70757000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126963000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107334000 USD
CY2017Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6676000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-19629000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2018Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
109667640 shares
CY2018Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
112748665 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
109667640 shares
CY2018Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
112748665 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
110000 USD
CY2018Q1 us-gaap Common Stock Value
CommonStockValue
113000 USD
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-6302000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2197000 USD
CY2018Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
0 USD
CY2017Q1 us-gaap Cost Of Revenue
CostOfRevenue
21396000 USD
CY2018Q1 us-gaap Cost Of Revenue
CostOfRevenue
20224000 USD
CY2017Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
13440000 USD
CY2018Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
18625000 USD
CY2018Q1 us-gaap Deferred Revenue Period Increase Decrease
DeferredRevenuePeriodIncreaseDecrease
5200000 USD
CY2018Q1 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
9600000 USD
CY2017Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.02
CY2017Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2018Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2017 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P57M
CY2018Q1 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P57M
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
21701000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
23118000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2595000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3893000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1075000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1518000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2874000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4347000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
16302000 USD
CY2017Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
4766000 USD
CY2018Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2017Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15342000 USD
CY2018Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18256000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
116239000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
125272000 USD
CY2018Q1 us-gaap Goodwill
Goodwill
125525000 USD
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
9024000 USD
CY2018Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
9000 USD
CY2018Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
253000 USD
CY2017Q1 us-gaap Gross Profit
GrossProfit
41206000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
56725000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-5754000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2076000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
647000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
541000 USD
CY2017Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
388000 USD
CY2018Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
503000 USD
CY2017Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1139000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3068000 USD
CY2017Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1947000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2800000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2783000 USD
CY2017Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3743000 USD
CY2018Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-4286000 USD
CY2017Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
3270000 USD
CY2018Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
5185000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-72000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
506000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
260000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
138000 USD
CY2017Q1 us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
1241000 USD
CY2018Q1 us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
7894000 USD
CY2017Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
3600000 USD
CY2018Q1 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
3600000 USD
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
42854000 USD
CY2018Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
43020000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
21153000 USD
CY2018Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
19902000 USD
CY2017Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-19000 USD
CY2018Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-20000 USD
CY2017Q1 us-gaap Interest Paid
InterestPaid
30000 USD
CY2018Q1 us-gaap Interest Paid
InterestPaid
19000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
55868000 USD
CY2018Q1 us-gaap Liabilities
Liabilities
53467000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
446930000 USD
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
423478000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
51563000 USD
CY2018Q1 us-gaap Liabilities Current
LiabilitiesCurrent
49024000 USD
CY2017Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
4305000 USD
CY2018Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
4443000 USD
CY2017Q4 us-gaap Long Term Investments
LongTermInvestments
20305000 USD
CY2018Q1 us-gaap Long Term Investments
LongTermInvestments
10628000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9855000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-30418000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1985000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
4236000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1194000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6553000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
-6401000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-2617000 USD
CY2017Q1 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
2022000 USD
CY2018Q1 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
3204000 USD
CY2017Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-218000 USD
CY2018Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
544000 USD
CY2017Q1 us-gaap Operating Expenses
OperatingExpenses
46742000 USD
CY2018Q1 us-gaap Operating Expenses
OperatingExpenses
59345000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-5536000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-2620000 USD
CY2017Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
700000 USD
CY2018Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
600000 USD
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
7845000 USD
CY2018Q1 us-gaap Other Assets Current
OtherAssetsCurrent
6898000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3765000 USD
CY2018Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4383000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-91000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
99000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
511000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
99000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
420000 USD
CY2017Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
4389000 USD
CY2018Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
5217000 USD
CY2017Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
46000 USD
CY2018Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
41000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-199000 USD
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
564000 USD
CY2017 us-gaap Payments For Restructuring
PaymentsForRestructuring
1068000 USD
CY2018Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
66000 USD
CY2017Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12618000 USD
CY2018Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
35640000 USD
CY2017Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
188000 USD
CY2018Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2017Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2018Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
12511000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4770000 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4883000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2018Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2043000 USD
CY2018Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10799000 USD
CY2017Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
0 USD
CY2018Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
21630000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
47493000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48197000 USD
CY2017Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
19302000 USD
CY2018Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
25533000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
500000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
500000 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
0 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
84000 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
463000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
423000 USD
CY2017Q1 us-gaap Restructuring Charges
RestructuringCharges
900000 USD
CY2017 us-gaap Restructuring Charges
RestructuringCharges
1047000 USD
CY2018Q1 us-gaap Restructuring Charges
RestructuringCharges
220000 USD
CY2016Q4 us-gaap Restructuring Reserve
RestructuringReserve
306000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
265000 USD
CY2018Q1 us-gaap Restructuring Reserve
RestructuringReserve
401000 USD
CY2017 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-20000 USD
CY2018Q1 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-18000 USD
CY2018Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
300000 USD
CY2018Q1 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
100000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-391611000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-394305000 USD
CY2017Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
62602000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
76949000 USD
CY2018Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
27100000 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
62602000 USD
CY2018Q1 us-gaap Sales Revenue Net
SalesRevenueNet
76949000 USD
CY2017Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
15964000 USD
CY2018Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
15336000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
8278000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
11642000 USD
CY2017Q4 us-gaap Short Term Investments
ShortTermInvestments
81742000 USD
CY2018Q1 us-gaap Short Term Investments
ShortTermInvestments
82264000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
391062000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
370011000 USD
CY2017Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
92830000 shares
CY2018Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
110904000 shares
CY2018Q1 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 including variable consideration, 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, valuation 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&#8217;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 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%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recent A</font></div></div>

Files In Submission

Name View Source Status
0001364954-18-000113-index-headers.html Edgar Link pending
0001364954-18-000113-index.html Edgar Link pending
0001364954-18-000113.txt Edgar Link pending
0001364954-18-000113-xbrl.zip Edgar Link pending
chegg2018-03x3110q.htm Edgar Link pending
chgg-20180331.xml Edgar Link completed
chgg-20180331.xsd Edgar Link pending
chgg-20180331_cal.xml Edgar Link unprocessable
chgg-20180331_def.xml Edgar Link unprocessable
chgg-20180331_lab.xml Edgar Link unprocessable
chgg-20180331_pre.xml Edgar Link unprocessable
currentchegglogoa14.jpg Edgar Link pending
ex10012018-03x31.htm Edgar Link pending
ex31012018-03x31.htm Edgar Link pending
ex31022018-03x31.htm Edgar Link pending
ex32012018-03x31.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
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending