2017 Q2 Form 10-Q Financial Statement
#000104869517000022 Filed on August 02, 2017
Income Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
Revenue | $517.8M | $496.5M |
YoY Change | 4.29% | 2.68% |
Cost Of Revenue | $89.77M | $84.34M |
YoY Change | 6.43% | -1.54% |
Gross Profit | $428.1M | $412.2M |
YoY Change | 3.85% | 3.58% |
Gross Profit Margin | 82.66% | 83.01% |
Selling, General & Admin | $200.3M | $190.8M |
YoY Change | 4.99% | 4.0% |
% of Gross Profit | 46.8% | 46.29% |
Research & Development | $88.60M | $83.04M |
YoY Change | 6.7% | 11.71% |
% of Gross Profit | 20.7% | 20.15% |
Depreciation & Amortization | $15.30M | $14.50M |
YoY Change | 5.52% | 12.4% |
% of Gross Profit | 3.57% | 3.52% |
Operating Expenses | $288.9M | $273.3M |
YoY Change | 5.71% | 6.02% |
Operating Profit | $139.1M | $138.9M |
YoY Change | 0.2% | -0.9% |
Interest Expense | ||
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | $2.589M | $978.0K |
YoY Change | 164.72% | 35.83% |
Pretax Income | $141.7M | $139.8M |
YoY Change | 1.35% | -0.72% |
Income Tax | $44.07M | $48.05M |
% Of Pretax Income | 31.09% | 34.36% |
Net Earnings | $97.66M | $91.79M |
YoY Change | 6.4% | -1.48% |
Net Earnings / Revenue | 18.86% | 18.49% |
Basic Earnings Per Share | $1.53 | $1.37 |
Diluted Earnings Per Share | $1.52 | $1.37 |
COMMON SHARES | ||
Basic Shares Outstanding | 63.94M shares | 66.85M shares |
Diluted Shares Outstanding | 64.36M shares | 67.24M shares |
Balance Sheet
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $1.014B | $810.7M |
YoY Change | 25.1% | 1.63% |
Cash & Equivalents | $690.9M | $429.6M |
Short-Term Investments | $323.3M | $381.1M |
Other Short-Term Assets | $51.51M | $50.74M |
YoY Change | 1.52% | 1.05% |
Inventory | $31.05M | $33.81M |
Prepaid Expenses | ||
Receivables | $295.1M | $263.2M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $1.446B | $1.208B |
YoY Change | 19.7% | 1.89% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $125.1M | $115.1M |
YoY Change | 8.69% | 37.87% |
Goodwill | $556.0M | $556.0M |
YoY Change | 0.0% | -0.18% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | $234.6M | $313.5M |
YoY Change | -25.17% | -13.33% |
Other Assets | $54.93M | $60.53M |
YoY Change | -9.25% | -14.93% |
Total Long-Term Assets | $972.7M | $1.046B |
YoY Change | -6.99% | -2.88% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.446B | $1.208B |
Total Long-Term Assets | $972.7M | $1.046B |
Total Assets | $2.419B | $2.254B |
YoY Change | 7.31% | -0.38% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $44.54M | $37.45M |
YoY Change | 18.94% | -23.55% |
Accrued Expenses | $178.7M | $135.1M |
YoY Change | 32.26% | 17.09% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $909.3M | $799.4M |
YoY Change | 13.75% | 11.42% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $41.29M | $30.76M |
YoY Change | 34.24% | 18.7% |
Total Long-Term Liabilities | $304.6M | $267.3M |
YoY Change | 13.96% | 22.73% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $909.3M | $799.4M |
Total Long-Term Liabilities | $304.6M | $267.3M |
Total Liabilities | $1.214B | $1.067B |
YoY Change | 13.8% | 14.06% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $1.203B | $1.190B |
YoY Change | 1.02% | -10.8% |
Common Stock | $17.53M | $9.996M |
YoY Change | 75.39% | 66.96% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.205B | $1.187B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.419B | $2.254B |
YoY Change | 7.31% | -0.38% |
Cashflow Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $97.66M | $91.79M |
YoY Change | 6.4% | -1.48% |
Depreciation, Depletion And Amortization | $15.30M | $14.50M |
YoY Change | 5.52% | 12.4% |
Cash From Operating Activities | $162.5M | $170.5M |
YoY Change | -4.69% | -1.16% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$7.500M | -$16.20M |
YoY Change | -53.7% | -23.58% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $200.0K | $500.0K |
YoY Change | -60.0% | -99.7% |
Cash From Investing Activities | -$7.300M | -$15.50M |
YoY Change | -52.9% | -110.67% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -120.7M | -123.6M |
YoY Change | -2.35% | -0.16% |
NET CHANGE | ||
Cash From Operating Activities | 162.5M | 170.5M |
Cash From Investing Activities | -7.300M | -15.50M |
Cash From Financing Activities | -120.7M | -123.6M |
Net Change In Cash | 34.50M | 31.40M |
YoY Change | 9.87% | -83.81% |
FREE CASH FLOW | ||
Cash From Operating Activities | $162.5M | $170.5M |
Capital Expenditures | -$7.500M | -$16.20M |
Free Cash Flow | $170.0M | $186.7M |
YoY Change | -8.94% | -3.61% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.42 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
1944000 | USD | |
dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
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Entity Central Index Key
EntityCentralIndexKey
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0001048695 | ||
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Entity Common Stock Shares Outstanding
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63546593 | shares |
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Amendment Flag
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false | ||
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Litigation Expense
LitigationExpense
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8421000 | USD | |
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Current Fiscal Year End Date
CurrentFiscalYearEndDate
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--09-30 | ||
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Document Fiscal Period Focus
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Q3 | ||
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Allowance For Doubtful Accounts Receivable Current
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2062000 | USD |
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Allowance For Doubtful Accounts Receivable Current
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1857000 | USD |
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Assets
Assets
|
2306323000 | USD |
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Entity Filer Category
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Large Accelerated Filer | ||
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Entity Registrant Name
EntityRegistrantName
|
F5 NETWORKS INC | ||
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Assets
Assets
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2418572000 | USD |
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Assets Current
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1288801000 | USD |
ffiv |
Earliest Commencementof Lease
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|
2019-04-01 | ||
CY2016Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
38400000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
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Allocated Share Based Compensation Expense
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Litigation Expense
LitigationExpense
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-527000 | USD |
us-gaap |
Effective Income Tax Rate Continuing Operations
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|
0.336 | ||
us-gaap |
Allocated Share Based Compensation Expense
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us-gaap |
Effective Income Tax Rate Continuing Operations
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|
0.324 | ||
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Litigation Expense
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|
1000 | USD |
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Litigation Expense
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Numberof Geographic Regions
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|
4 | geographic_region | |
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Office Space In A Building For Which Lease Agreement Is Entered
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|
515000 | sqft | |
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Product Warranty Period
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P1Y | ||
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Provisions For Doubtful Accounts And Sales Returns
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Provisions For Doubtful Accounts And Sales Returns
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385000 | USD | |
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Realized Gain Loss On Disposition Of Assets And Investments
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Realized Gain Loss On Disposition Of Assets And Investments
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Time After Substantial Completion Dateof Construction Latest Datefor Commencementof Lease
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P10M | ||
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Vsoe Percentage Which Constitutes Substantial Majorityof Transactions Priced Withina Narrow Range
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Vsoe To Median Sales Price Range
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Accounts Payable Current
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Assets Current
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Available For Sale Securities
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents Fair Value Disclosure
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Cash And Cash Equivalents Fair Value Disclosure
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Commitments And Contingencies
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Cost Of Goods And Services Sold
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Cost Of Services
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Cost Of Services
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Deferred Income Taxes And Tax Credits
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Depreciation Depletion And Amortization
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Depreciation Depletion And Amortization
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Earnings Per Share Diluted
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|
1.37 | |
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Earnings Per Share Diluted
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|
3.75 | ||
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Earnings Per Share Diluted
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|
1.52 | |
us-gaap |
Earnings Per Share Diluted
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4.38 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Basic
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|
1.53 | |
CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.37 | |
us-gaap |
Earnings Per Share Basic
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|
3.78 | ||
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Effect Of Exchange Rate On Cash And Cash Equivalents
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Effective Income Tax Rate Continuing Operations
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|
0.344 | |
CY2017Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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P2Y | ||
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Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.311 | |
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Increase Decrease In Restricted Cash
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|
87000 | USD | |
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Inventory Finished Goods
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General And Administrative Expense
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119055000 | USD | |
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Goodwill
Goodwill
|
555965000 | USD |
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Goodwill
Goodwill
|
555965000 | USD |
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Gross Profit
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|
412179000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
1217429000 | USD | |
CY2017Q2 | us-gaap |
Gross Profit
GrossProfit
|
428067000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
1289099000 | USD | |
CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
139840000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
386990000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
141733000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
421655000 | USD | |
CY2016Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
48051000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
130070000 | USD | |
CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
44071000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
136637000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-8922000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
14270000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-15307000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
27295000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
72858000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
73620000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
87000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-3007000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
80000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-1063000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-549000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
425000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-29000 | USD | |
CY2017Q2 | us-gaap |
Inventory Net
InventoryNet
|
31045000 | USD |
CY2016Q3 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
10409000 | USD |
CY2017Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
9962000 | USD |
us-gaap |
Lessee Leasing Arrangements Operating Leases Term Of Contract
LesseeLeasingArrangementsOperatingLeasesTermOfContract
|
P14Y6M | ||
CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2306323000 | USD |
CY2017Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2418572000 | USD |
CY2016Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
844238000 | USD |
CY2017Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
909341000 | USD |
CY2016Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
276823000 | USD |
CY2017Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
304624000 | USD |
CY2017Q2 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
125139000 | USD |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | ||
CY2016Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
273317000 | USD |
CY2016Q3 | us-gaap |
Long Term Investments
LongTermInvestments
|
276375000 | USD |
CY2017Q2 | us-gaap |
Long Term Investments
LongTermInvestments
|
234587000 | USD |
CY2017Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
7000000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-503657000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-396635000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
33385000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
47087000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
507465000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
527216000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
91789000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
256920000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
97662000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
285018000 | USD | |
CY2016Q3 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
123248000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
832685000 | USD | |
CY2017Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
288923000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
873978000 | USD | |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
138862000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
384744000 | USD | |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
139144000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
415121000 | USD | |
CY2017Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
359500000 | USD |
CY2016Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
52579000 | USD |
CY2017Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
51513000 | USD |
CY2016Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
59890000 | USD |
CY2017Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
54930000 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
384000 | USD |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
522000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-432000 | USD |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-959000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-142000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1449000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
444000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1304000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
242000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1971000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
12000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2263000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
9000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-6000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
285000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
310000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
6000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
-3000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
171000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
186000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
393000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
516000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-147000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-649000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
236000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
310000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-88000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-389000 | USD | |
CY2016Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
34138000 | USD |
CY2017Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
41293000 | USD |
CY2016Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
978000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2246000 | USD | |
CY2017Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2589000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
6534000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
550101000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
450065000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
3250000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
4000000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
225226000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
255386000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
45909000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
31175000 | USD | |
CY2016Q3 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0 | |
CY2017Q2 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0 | |
CY2016Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2016Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
44848000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
46959000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
244905000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
271878000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
62836000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
65857000 | USD | |
CY2016Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
123248000 | USD |
CY2017Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
125139000 | USD |
CY2016Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
83042000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
250481000 | USD | |
CY2017Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
88602000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
264886000 | USD | |
CY2016Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1185265000 | USD |
CY2017Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1202533000 | USD |
CY2016Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
231366000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
691485000 | USD | |
CY2017Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
235109000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
715672000 | USD | |
CY2016Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
496522000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1469685000 | USD | |
CY2017Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
517837000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1552043000 | USD | |
CY2016Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
265156000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
778200000 | USD | |
CY2017Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
282728000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
836371000 | USD | |
CY2016Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
156620000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
470545000 | USD | |
CY2017Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
160952000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
490171000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
118443000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
133740000 | USD | |
CY2016Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
367824000 | USD |
CY2017Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
323336000 | USD |
CY2017Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
323700000 | USD |
us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
3301167 | shares | |
CY2016Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1185262000 | USD |
CY2017Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1204607000 | USD |
us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
136.34 | ||
CY2017Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
18600000 | USD |
CY2016Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
384000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
439000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
426000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
577000 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
67235000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
68429000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
64361000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
65116000 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
66851000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
67990000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
63935000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
64539000 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;padding-top:6px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">F5 Networks, Inc. (the “Company”) is the leading developer and provider of software-defined application services. The Company’s core technology is a full-proxy, programmable, highly-scalable software platform called TMOS, which supports a broad array of features and functions designed to ensure that applications delivered over Internet Protocol (IP) networks are secure, fast and available. The Company’s TMOS-based offerings include software products for local and global traffic management, network and application security, access management, web acceleration and a number of other network and application services. These products are available as modules that can run individually or as part of an integrated solution on the Company’s high-performance, scalable, purpose-built BIG-IP appliances and VIPRION chassis-based hardware, or as software-only Virtual Editions. The Company also offers distributed denial-of-service </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(</font><font style="font-family:inherit;font-size:10pt;">DDoS) protection, application security and other application services by subscription on its cloud-based Silverline platform. In connection with its products, the Company offers a broad range of support services including consulting, training, installation and maintenance.</font></div></div> |