2020 Q4 Form 10-K Financial Statement

#000136495421000013 Filed on February 22, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q1 2020
Revenue $205.7M $131.6M $644.3M
YoY Change 63.92% 35.09% 56.8%
Cost Of Revenue $57.10M $42.39M $205.4M
YoY Change 117.94% 81.66% 122.84%
Gross Profit $148.6M $89.20M $438.9M
YoY Change 49.58% 20.42% 37.7%
Gross Profit Margin 72.23% 67.79% 68.12%
Selling, General & Admin $52.40M $46.38M $211.3M
YoY Change 19.91% 9.43% 31.09%
% of Gross Profit 35.27% 52.0% 48.13%
Research & Development $46.90M $39.54M $170.9M
YoY Change 21.5% 20.95% 22.27%
% of Gross Profit 31.56% 44.33% 38.94%
Depreciation & Amortization $18.60M $12.80M $32.60M
YoY Change 111.36% 88.24% 34.71%
% of Gross Profit 12.52% 14.35% 7.43%
Operating Expenses $99.40M $85.92M $382.2M
YoY Change 20.92% 14.41% 27.0%
Operating Profit $49.22M $3.276M $56.75M
YoY Change 188.06% -418.99% 218.53%
Interest Expense -$22.00M $4.856M $12.78M
YoY Change 61.76% -215.62% -34.73%
% of Operating Profit -44.7% 148.23% 22.52%
Other Income/Expense, Net $2.300M -$8.467M -$57.61M
YoY Change -58.18% 217.71% 132.43%
Pretax Income $28.50M -$5.191M -$861.0K
YoY Change 216.67% 40.6% -87.65%
Income Tax $2.500M $522.0K $5.360M
% Of Pretax Income 8.77%
Net Earnings $26.04M -$5.713M -$6.221M
YoY Change 216.86% 32.31% -35.23%
Net Earnings / Revenue 12.66% -4.34% -0.97%
Basic Earnings Per Share $0.20 -$0.05 -$0.05
Diluted Earnings Per Share $0.18 -$0.05 -$0.05
COMMON SHARES
Basic Shares Outstanding 129.0M shares 122.4M shares 125.4M shares
Diluted Shares Outstanding 141.3M shares 122.4M shares 125.4M shares

Balance Sheet

Concept 2020 Q4 2020 Q1 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.145B $763.9M $1.145B
YoY Change 49.02% -22.42% 49.02%
Cash & Equivalents $479.9M $359.1M $464.8M
Short-Term Investments $665.6M $404.8M $665.6M
Other Short-Term Assets $11.85M $19.53M $24.60M
YoY Change -28.66% 101.51% -9.23%
Inventory
Prepaid Expenses $12.78M $17.85M
Receivables $12.91M $6.493M $12.90M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.183B $807.8M $1.183B
YoY Change 46.54% -20.72% 46.54%
LONG-TERM ASSETS
Property, Plant & Equipment $125.8M $97.89M $184.2M
YoY Change 44.01% 34.21% 78.32%
Goodwill $285.2M $214.3M
YoY Change 32.96% 43.38%
Intangibles $51.25M $32.08M
YoY Change 47.83% 33.11%
Long-Term Investments $523.6M $273.1M $523.6M
YoY Change 68.63% 2084.8% 68.63%
Other Assets $24.03M $23.55M $24.00M
YoY Change 27.97% 52.83% 27.66%
Total Long-Term Assets $1.068B $687.2M $1.068B
YoY Change 56.7% 136.7% 56.71%
TOTAL ASSETS
Total Short-Term Assets $1.183B $807.8M $1.183B
Total Long-Term Assets $1.068B $687.2M $1.068B
Total Assets $2.251B $1.495B $2.251B
YoY Change 51.19% 14.19% 51.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.547M $13.61M $8.500M
YoY Change 16.1% 114.56% 14.86%
Accrued Expenses $68.57M $47.24M $62.40M
YoY Change 71.57% 32.31% 47.87%
Deferred Revenue $32.62M $35.75M
YoY Change 73.7% 36.07%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $109.7M $101.8M $109.7M
YoY Change 53.71% 39.57% 53.64%
LONG-TERM LIABILITIES
Long-Term Debt $1.507B $913.2M $1.507B
YoY Change 67.38% 15.68% 67.38%
Other Long-Term Liabilities $5.705M $3.983M $25.00M
YoY Change 43.92% 20.3% 35.14%
Total Long-Term Liabilities $1.532B $930.2M $1.532B
YoY Change 66.73% 15.11% 66.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $109.7M $101.8M $109.7M
Total Long-Term Liabilities $1.532B $930.2M $1.532B
Total Liabilities $1.642B $1.032B $1.642B
YoY Change 65.79% 17.14% 65.78%
SHAREHOLDERS EQUITY
Retained Earnings -$422.6M -$422.1M
YoY Change 1.52% 2.7%
Common Stock $1.031B $890.4M
YoY Change 12.5% 5.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $609.6M $462.9M $609.6M
YoY Change
Total Liabilities & Shareholders Equity $2.251B $1.495B $2.251B
YoY Change 51.19% 14.19% 51.2%

Cashflow Statement

Concept 2020 Q4 2020 Q1 2020
OPERATING ACTIVITIES
Net Income $26.04M -$5.713M -$6.221M
YoY Change 216.86% 32.31% -35.23%
Depreciation, Depletion And Amortization $18.60M $12.80M $32.60M
YoY Change 111.36% 88.24% 34.71%
Cash From Operating Activities $67.70M $62.97M $236.4M
YoY Change 152.61% 250.97% 108.5%
INVESTING ACTIVITIES
Capital Expenditures -$32.80M $19.97M $81.32M
YoY Change 203.7% 42.0% 92.12%
Acquisitions $0.00 $92.80M
YoY Change 17.24%
Other Investing Activities $50.90M $9.500M -$592.9M
YoY Change -161.92% -65.07% -10.32%
Cash From Investing Activities $18.10M -$47.26M -$732.8M
YoY Change -119.46% -458.78% 4.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change -100.0% -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -133.8M -$44.17M $588.6M
YoY Change -3530.77% -108.69% -2.47%
NET CHANGE
Cash From Operating Activities 67.70M $62.97M $236.4M
Cash From Investing Activities 18.10M -$47.26M -$732.8M
Cash From Financing Activities -133.8M -$44.17M $588.6M
Net Change In Cash -48.00M -$28.46M $92.28M
YoY Change -22.95% -105.28% 584.24%
FREE CASH FLOW
Cash From Operating Activities $67.70M $62.97M $236.4M
Capital Expenditures -$32.80M $19.97M $81.32M
Free Cash Flow $100.5M $43.00M $155.1M
YoY Change 167.29% 1008.01% 118.25%

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CY2020 chgg Adjustments To Additional Paid In Capital Purchase Of Capped Call
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CY2020 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
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CY2020 chgg Adjustments To Additional Paid In Capital Proceeds From Capped Call
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47018000 USD
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30247000 USD
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CY2019 us-gaap Share Based Compensation
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CY2019 us-gaap Amortization Of Financing Costs And Discounts
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43202000 USD
CY2018 us-gaap Amortization Of Financing Costs And Discounts
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10494000 USD
CY2020 chgg Repayments Of Convertible Senior Notes Attributable To Debt Discount
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20433000 USD
CY2019 chgg Repayments Of Convertible Senior Notes Attributable To Debt Discount
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0 USD
CY2018 chgg Repayments Of Convertible Senior Notes Attributable To Debt Discount
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CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
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1211000 USD
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
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1009000 USD
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CY2019 us-gaap Gain Loss On Disposition Of Assets1
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0 USD
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CY2020 chgg Deferred Income Tax Expense Benefit Acquisitions
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CY2019 chgg Deferred Income Tax Expense Benefit Acquisitions
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CY2019 us-gaap Increase Decrease In Prepaid Expenses Other
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1119000 USD
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3978000 USD
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22444000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
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22444000 USD
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2539000 USD
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236442000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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113403000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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75113000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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81317000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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42326000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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31223000 USD
CY2020 chgg Payment To Purchases Textbooks
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58567000 USD
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0 USD
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0 USD
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0 USD
CY2018 us-gaap Payments To Acquire Equity Method Investments
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10000000 USD
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CY2020 chgg Proceeds From Sale Of Textbooks
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7569000 USD
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0 USD
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0 USD
CY2020 us-gaap Payments To Acquire Marketable Securities
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1045564000 USD
CY2019 us-gaap Payments To Acquire Marketable Securities
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959911000 USD
CY2018 us-gaap Payments To Acquire Marketable Securities
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CY2019 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
53261000 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
1800000 USD
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539889000 USD
CY2019 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
324700000 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
138380000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
92796000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
79149000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
34650000 USD
CY2020 us-gaap Payments To Acquire Equity Method Investments
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2000000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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-703425000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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-82549000 USD
CY2020 chgg Proceeds From Issuance Of Employee Stock Purchase Plan
ProceedsFromIssuanceOfEmployeeStockPurchasePlan
15483000 USD
CY2019 chgg Proceeds From Issuance Of Employee Stock Purchase Plan
ProceedsFromIssuanceOfEmployeeStockPurchasePlan
35100000 USD
CY2018 chgg Proceeds From Issuance Of Employee Stock Purchase Plan
ProceedsFromIssuanceOfEmployeeStockPurchasePlan
29116000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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80680000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2020 us-gaap Proceeds From Debt Net Of Issuance Costs
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CY2019 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
780180000 USD
CY2018 us-gaap Proceeds From Debt Net Of Issuance Costs
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335618000 USD
CY2020 chgg Payments For Convertible Senior Notes Capped Call
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103400000 USD
CY2019 chgg Payments For Convertible Senior Notes Capped Call
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97200000 USD
CY2018 chgg Payments For Convertible Senior Notes Capped Call
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39227000 USD
CY2020 us-gaap Repayments Of Convertible Debt
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303967000 USD
CY2019 us-gaap Repayments Of Convertible Debt
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0 USD
CY2018 us-gaap Repayments Of Convertible Debt
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0 USD
CY2020 us-gaap Proceeds From Convertible Debt
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77095000 USD
CY2019 us-gaap Proceeds From Convertible Debt
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0 USD
CY2018 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
CY2020 chgg Payments For Repurchase Of Common Stock And Vested Stock Options
PaymentsForRepurchaseOfCommonStockAndVestedStockOptions
0 USD
CY2019 chgg Payments For Repurchase Of Common Stock And Vested Stock Options
PaymentsForRepurchaseOfCommonStockAndVestedStockOptions
20000000 USD
CY2018 chgg Payments For Repurchase Of Common Stock And Vested Stock Options
PaymentsForRepurchaseOfCommonStockAndVestedStockOptions
20000000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
588627000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
603509000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
256418000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
92283000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
13487000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
248982000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
389432000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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375945000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126963000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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481715000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
389432000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
375945000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1766000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
1332000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
605000 USD
CY2020 us-gaap Income Taxes Paid
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3436000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
2070000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
2097000 USD
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6790000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
5297000 USD
CY2018 us-gaap Operating Lease Payments
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0 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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13688000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3364000 USD
CY2018 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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0 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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1588000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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10036000 USD
CY2018 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
1210000 USD
CY2020 chgg Noncash Or Part Noncash Acquisition Accrued Escrow
NoncashOrPartNoncashAcquisitionAccruedEscrow
7451000 USD
CY2019 chgg Noncash Or Part Noncash Acquisition Accrued Escrow
NoncashOrPartNoncashAcquisitionAccruedEscrow
0 USD
CY2018 chgg Noncash Or Part Noncash Acquisition Accrued Escrow
NoncashOrPartNoncashAcquisitionAccruedEscrow
0 USD
CY2020 us-gaap Stock Issued1
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327141000 USD
CY2019 us-gaap Stock Issued1
StockIssued1
0 USD
CY2018 us-gaap Stock Issued1
StockIssued1
0 USD
CY2020 chgg Issuance Of Common Stock Related To Prior Acquisition
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0 USD
CY2019 chgg Issuance Of Common Stock Related To Prior Acquisition
IssuanceOfCommonStockRelatedToPriorAcquisition
3003000 USD
CY2018 chgg Issuance Of Common Stock Related To Prior Acquisition
IssuanceOfCommonStockRelatedToPriorAcquisition
0 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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479853000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
387520000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
374664000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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122000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
149000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
84000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
1740000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
1763000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
1197000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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481715000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
389432000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
375945000 USD
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div><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><span><br/></span></div><div style="text-indent:27pt"><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 generally accepted accounting principles in the United States 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, share-based compensation expense including estimated forfeitures, accounting for income taxes, useful lives and salvage value assigned to our textbook library, useful lives assigned to long-lived assets for depreciation and amortization, impairment of goodwill and long-lived assets, the valuation of acquired intangible assets, the valuation of our convertible senior notes, internal-use software and website development costs, operating lease right of use (ROU) assets, and operating lease liabilities. 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.</span></div>
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div><span><br/></span></div><div style="text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject us to concentrations of credit risk consist primarily of cash and cash equivalents, restricted cash, and investments in highly liquid instruments in accordance with our investment policy. We place the majority of our cash and cash equivalents and restricted cash with financial institutions in the United States that we believe to be of high credit quality, and accordingly minimal credit risk exists with respect to these instruments. Certain of our cash balances held with a financial institution are in excess of Federal Deposit Insurance Corporation limits. Our investment portfolio consists of investments diversified among security types, industries and issuers. Our investments were held and managed by recognized financial institutions that followed our investment policy with the main objective of preserving capital and maintaining liquidity.<br/></span></div>
CY2020 us-gaap Advertising Expense
AdvertisingExpense
35300000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
24400000 USD
CY2018 us-gaap Advertising Expense
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17900000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-6221000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-9605000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
-14888000 USD
CY2020 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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125367000 shares
CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
119204000 shares
CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
113251000 shares
CY2020 us-gaap Earnings Per Share Basic And Diluted
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-0.05
CY2019 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
CY2018 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.13
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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9412000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10620000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11991000 shares
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
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644338000 USD
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
410926000 USD
CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
321084000 USD
CY2020 chgg Revenuefrom Contractwith Customer Including Assessed Tax Increase Decrease
RevenuefromContractwithCustomerIncludingAssessedTaxIncreaseDecrease
233412000 USD
CY2020 chgg Revenuefrom Contractwith Customer Including Assessed Tax Increase Decrease Percent
RevenuefromContractwithCustomerIncludingAssessedTaxIncreaseDecreasePercent
0.57
CY2019 chgg Revenuefrom Contractwith Customer Including Assessed Tax Increase Decrease
RevenuefromContractwithCustomerIncludingAssessedTaxIncreaseDecrease
89842000 USD
CY2019 chgg Revenuefrom Contractwith Customer Including Assessed Tax Increase Decrease Percent
RevenuefromContractwithCustomerIncludingAssessedTaxIncreaseDecreasePercent
0.28
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
18300000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
17000000.0 USD
CY2018 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
11700000 USD
CY2019 chgg Contract With Customer Liability Revenue Recognized Prior Period
ContractWithCustomerLiabilityRevenueRecognizedPriorPeriod
3400000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
32600000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
12913000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
11529000 USD
CY2020 chgg Increase Decrease In Accounts Receivable Net
IncreaseDecreaseInAccountsReceivableNet
1384000 USD
CY2020 chgg Increase Decreasein Accounts Receivable Percent
IncreaseDecreaseinAccountsReceivablePercent
0.12
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
32620000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
18780000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
13840000 USD
CY2020 chgg Increase Decreasein Contractwith Customer Liability Percent
IncreaseDecreaseinContractwithCustomerLiabilityPercent
0.74
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
13243000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3531000 USD
CY2020 chgg Increase Decrease In Contract With Customer Assets
IncreaseDecreaseInContractWithCustomerAssets
9712000 USD
CY2020 chgg Increase Decrease In Contract With Customer Assets Percent
IncreaseDecreaseInContractWithCustomerAssetsPercent
2.75
CY2020 chgg Increase Decrease In Accounts Receivable Net
IncreaseDecreaseInAccountsReceivableNet
1400000 USD
CY2020 chgg Increase Decreasein Accounts Receivable Percent
IncreaseDecreaseinAccountsReceivablePercent
0.12
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
13800000 USD
CY2020 chgg Increase Decreasein Contractwith Customer Liability Percent
IncreaseDecreaseinContractwithCustomerLiabilityPercent
0.74
CY2020 chgg Increase Decrease In Contract With Customer Assets
IncreaseDecreaseInContractWithCustomerAssets
9700000 USD
CY2020 chgg Increase Decrease In Contract With Customer Assets Percent
IncreaseDecreaseInContractWithCustomerAssetsPercent
2.75
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
664119000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
665567000 USD
CY2020Q4 chgg Availableforsale Securities Debt Maturities Year One Through Two Amortized Cost Basis
AvailableforsaleSecuritiesDebtMaturitiesYearOneThroughTwoAmortizedCostBasis
523270000 USD
CY2020Q4 chgg Availableforsale Securities Debt Maturities Year One Through Two Fair Value
AvailableforsaleSecuritiesDebtMaturitiesYearOneThroughTwoFairValue
523628000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
464799000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
464799000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1652188000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1653994000 USD
CY2020 chgg Available For Sale Securities Weighted Average Maturity
AvailableForSaleSecuritiesWeightedAverageMaturity
P12M
CY2020 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
10000000.0 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
224417000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
154955000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
98610000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
67596000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
125807000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
87359000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
32600000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24200000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16800000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
214513000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
149524000 USD
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
70167000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
65181000 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
822000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-192000 USD
CY2020 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-288000 USD
CY2019 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
0 USD
CY2020Q4 us-gaap Goodwill
Goodwill
285214000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
214513000 USD
CY2020Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
3600000 USD
CY2020Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
3600000 USD
CY2020 chgg Finite Lived And Indefinite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedAndIndefiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
142000 USD
CY2020 chgg Finite Lived And Indefinite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedAndIndefiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
142000 USD
CY2020 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P64M
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
100191000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
48942000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
51249000 USD
CY2019Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
3600000 USD
CY2019Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
3600000 USD
CY2019 chgg Finite Lived And Indefinite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedAndIndefiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-398000 USD
CY2019 chgg Finite Lived And Indefinite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedAndIndefiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-398000 USD
CY2019 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P58M
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
69331000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
34664000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
34667000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
13320000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
10889000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
8760000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5707000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3893000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
5080000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
47649000 USD
CY2020Q4 chgg Order Fulfillment Fees Liability Current
OrderFulfillmentFeesLiabilityCurrent
11430000 USD
CY2019Q4 chgg Order Fulfillment Fees Liability Current
OrderFulfillmentFeesLiabilityCurrent
6939000 USD
CY2020Q4 chgg Acquisition Related Compensation Liability
AcquisitionRelatedCompensationLiability
9611000 USD
CY2019Q4 chgg Acquisition Related Compensation Liability
AcquisitionRelatedCompensationLiability
4042000 USD
CY2020Q4 chgg Accrued Escrow Related To Acquisition Current
AccruedEscrowRelatedToAcquisitionCurrent
7451000 USD
CY2019Q4 chgg Accrued Escrow Related To Acquisition Current
AccruedEscrowRelatedToAcquisitionCurrent
0 USD
CY2020Q4 chgg Accrued Content Related Costs Current
AccruedContentRelatedCostsCurrent
6273000 USD
CY2019Q4 chgg Accrued Content Related Costs Current
AccruedContentRelatedCostsCurrent
1907000 USD
CY2020Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
6166000 USD
CY2019Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
3046000 USD
CY2020Q4 chgg Payment Processing Fees Liability Current
PaymentProcessingFeesLiabilityCurrent
2130000 USD
CY2019Q4 chgg Payment Processing Fees Liability Current
PaymentProcessingFeesLiabilityCurrent
1137000 USD
CY2020Q4 chgg Accrued Purchases Of Long Lived Assets
AccruedPurchasesOfLongLivedAssets
1588000 USD
CY2019Q4 chgg Accrued Purchases Of Long Lived Assets
AccruedPurchasesOfLongLivedAssets
10036000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
17313000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
12857000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
61962000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
39964000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
24200000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
15900000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
25900000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
19800000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13700000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.048
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.047
CY2020 us-gaap Lease Cost
LeaseCost
5600000 USD
CY2019 us-gaap Lease Cost
LeaseCost
5000000.0 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
7702000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7590000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5604000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2559000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1823000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3618000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
28896000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3029000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
25867000 USD
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
627317 shares
CY2020Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
43289612 shares
CY2020Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000.0 USD
CY2020Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
350400000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
84055000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
64909000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
52030000 USD
CY2020 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
173992 shares
CY2020 chgg Employee Stock Purchase Plan Espp Weighted Average Purchase Priceof Shares Purchased
EmployeeStockPurchasePlanESPPWeightedAveragePurchasePriceofSharesPurchased
38.85
CY2019 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
201581 shares
CY2019 chgg Employee Stock Purchase Plan Espp Weighted Average Purchase Priceof Shares Purchased
EmployeeStockPurchasePlanESPPWeightedAveragePurchasePriceofSharesPurchased
25.55
CY2018 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
253301 shares
CY2018 chgg Employee Stock Purchase Plan Espp Weighted Average Purchase Priceof Shares Purchased
EmployeeStockPurchasePlanESPPWeightedAveragePurchasePriceofSharesPurchased
15.77
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1611385 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.64
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y7M6D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
47171160 USD
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
984068 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
9.13
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
627317 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.86
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y5M23D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
51733285 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
53500000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
90800000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
57200000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5400000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2600000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1400000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-185000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-91000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
459000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
264000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-73000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
5010000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2594000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1374000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5469000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2673000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1210000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
187000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-17000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
155000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
255000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
42000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
76000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-551000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-64000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-11000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-109000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-39000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
220000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5360000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2634000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1430000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-10369000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-12497000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-18617000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
9508000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5526000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5159000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-861000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-6971000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-13458000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-1.695
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.763
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.148
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-2.859
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.194
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.03
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
29.015
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
6.954
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
1.787
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
-0.503
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.004
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
-0.044
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-3.516
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.193
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.267
CY2020 chgg Effective Income Tax Rate Reconciliation Acquisition Percent
EffectiveIncomeTaxRateReconciliationAcquisitionPercent
0
CY2019 chgg Effective Income Tax Rate Reconciliation Acquisition Percent
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0.318
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