2020 Q4 Form 10-Q Financial Statement

#000152839620000070 Filed on December 09, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4
Revenue $169.8M $157.0M
YoY Change 8.15% -12.62%
Cost Of Revenue $90.97M $80.86M
YoY Change 12.5% -0.92%
Gross Profit $78.84M $76.15M
YoY Change 3.52% -22.8%
Gross Profit Margin 46.43% 48.5%
Selling, General & Admin $57.82M $54.26M
YoY Change 6.58% 7.09%
% of Gross Profit 73.35% 71.24%
Research & Development $52.62M $46.50M
YoY Change 13.16% 2.2%
% of Gross Profit 66.74% 61.06%
Depreciation & Amortization $3.600M $3.500M
YoY Change 2.86% 84.21%
% of Gross Profit 4.57% 4.6%
Operating Expenses $110.4M $100.8M
YoY Change 9.62% 4.77%
Operating Profit -$31.60M -$24.60M
YoY Change 28.49% -1089.02%
Interest Expense $4.620M $4.429M
YoY Change 4.31% 4.36%
% of Operating Profit
Other Income/Expense, Net $2.568M -$251.0K
YoY Change -1123.11% -83.14%
Pretax Income -$30.87M -$21.64M
YoY Change 42.63% -700.31%
Income Tax -$10.70M -$6.700M
% Of Pretax Income
Net Earnings -$20.19M -$14.99M
YoY Change 34.68% -337.61%
Net Earnings / Revenue -11.89% -9.55%
Basic Earnings Per Share -$0.24 -$0.18
Diluted Earnings Per Share -$0.24 -$0.18
COMMON SHARES
Basic Shares Outstanding 83.61M shares 82.36M shares
Diluted Shares Outstanding 83.61M shares 82.36M shares

Balance Sheet

Concept 2020 Q4 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.150B $1.011B
YoY Change 13.75% -6.77%
Cash & Equivalents $293.8M $179.1M
Short-Term Investments $856.4M $832.1M
Other Short-Term Assets $45.80M $39.30M
YoY Change 16.54% 40.36%
Inventory
Prepaid Expenses $16.36M $14.55M
Receivables $78.30M $79.48M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.349B $1.190B
YoY Change 13.4% -4.97%
LONG-TERM ASSETS
Property, Plant & Equipment $67.42M $67.44M
YoY Change -0.04% 254.37%
Goodwill $340.9M $340.9M
YoY Change 0.01% 0.0%
Intangibles $33.39M $59.38M
YoY Change -43.77% -32.79%
Long-Term Investments $258.1M $311.5M
YoY Change -17.14% 100.97%
Other Assets $36.51M $43.32M
YoY Change -15.72% 32.36%
Total Long-Term Assets $989.9M $1.009B
YoY Change -1.93% 40.8%
TOTAL ASSETS
Total Short-Term Assets $1.349B $1.190B
Total Long-Term Assets $989.9M $1.009B
Total Assets $2.339B $2.199B
YoY Change 6.36% 11.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.86M $25.67M
YoY Change -14.85% 12.97%
Accrued Expenses $22.84M $19.68M
YoY Change 16.04% -35.47%
Deferred Revenue $95.93M $85.85M
YoY Change 11.75% 1.24%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $185.6M $164.7M
YoY Change 12.71% 10.44%
LONG-TERM LIABILITIES
Long-Term Debt $333.5M $320.5M
YoY Change 4.06% 4.02%
Other Long-Term Liabilities $20.97M $1.435M
YoY Change 1361.6% 20.08%
Total Long-Term Liabilities $20.97M $1.435M
YoY Change 1361.6% 20.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $185.6M $164.7M
Total Long-Term Liabilities $20.97M $1.435M
Total Liabilities $679.1M $613.5M
YoY Change 10.69% 27.53%
SHAREHOLDERS EQUITY
Retained Earnings $137.8M $175.2M
YoY Change -21.35% 0.35%
Common Stock $1.529B $1.417B
YoY Change 7.91% 7.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.660B $1.586B
YoY Change
Total Liabilities & Shareholders Equity $2.339B $2.199B
YoY Change 6.36% 11.69%

Cashflow Statement

Concept 2020 Q4 2019 Q4
OPERATING ACTIVITIES
Net Income -$20.19M -$14.99M
YoY Change 34.68% -337.61%
Depreciation, Depletion And Amortization $3.600M $3.500M
YoY Change 2.86% 84.21%
Cash From Operating Activities -$15.71M -$18.14M
YoY Change -13.4% -33.43%
INVESTING ACTIVITIES
Capital Expenditures $1.907M $9.625M
YoY Change -80.19% 226.83%
Acquisitions $0.00
YoY Change
Other Investing Activities -$48.90M -$46.50M
YoY Change 5.16% 207.95%
Cash From Investing Activities -$53.40M -$57.50M
YoY Change -7.13% 211.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.000M $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$3.284M $368.0K
YoY Change -992.39% -46.59%
NET CHANGE
Cash From Operating Activities -$15.71M -$18.14M
Cash From Investing Activities -$53.40M -$57.50M
Cash From Financing Activities -$3.284M $368.0K
Net Change In Cash -$73.13M -$75.01M
YoY Change -2.5% 63.72%
FREE CASH FLOW
Cash From Operating Activities -$15.71M -$18.14M
Capital Expenditures $1.907M $9.625M
Free Cash Flow -$17.61M -$27.76M
YoY Change -36.56% -8.05%

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CY2020Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-313000 USD
CY2019Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1446000 USD
CY2020Q4 gwre Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
4581000 USD
CY2019Q4 gwre Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
-2340000 USD
CY2020Q4 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-2198000 USD
CY2019Q4 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-3009000 USD
CY2020Q4 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-13513000 USD
CY2019Q4 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-39780000 USD
CY2020Q4 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-23646000 USD
CY2019Q4 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-24709000 USD
CY2020Q4 gwre Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
6772000 USD
CY2019Q4 gwre Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
285000 USD
CY2020Q4 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-840000 USD
CY2019Q4 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2514000 USD
CY2020Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-15707000 USD
CY2019Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-18138000 USD
CY2020Q4 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
346405000 USD
CY2019Q4 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
406762000 USD
CY2020Q4 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
57903000 USD
CY2019Q4 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
57054000 USD
CY2020Q4 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
241591000 USD
CY2019Q4 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
303183000 USD
CY2020Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1907000 USD
CY2019Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9625000 USD
CY2020Q4 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
2581000 USD
CY2019Q4 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
1346000 USD
CY2020Q4 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
2000000 USD
CY2019Q4 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
CY2020Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-53399000 USD
CY2019Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-57496000 USD
CY2020Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1716000 USD
CY2019Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
368000 USD
CY2020Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5000000 USD
CY2019Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2020Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3284000 USD
CY2019Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
368000 USD
CY2020Q4 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-743000 USD
CY2019Q4 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
254000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-73133000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-75012000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
366969000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
254101000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
293836000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
179089000 USD
CY2020Q4 us-gaap Interest Paid Net
InterestPaidNet
2500000 USD
CY2019Q4 us-gaap Interest Paid Net
InterestPaidNet
2500000 USD
CY2020Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
990000 USD
CY2019Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1061000 USD
CY2020Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
343000 USD
CY2019Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5167000 USD
CY2020Q4 gwre Capitalized Software Costs Incurred But Not Yet Paid
CapitalizedSoftwareCostsIncurredButNotYetPaid
112000 USD
CY2019Q4 gwre Capitalized Software Costs Incurred But Not Yet Paid
CapitalizedSoftwareCostsIncurredButNotYetPaid
95000 USD
CY2020Q4 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassification</span></div><div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Beginning with the Annual Report on Form 10-K for fiscal year 2020, the Company changed the presentation in the consolidated statements of operations for revenue and cost of revenue to include subtotals for "subscription and support," "license," and "services". The Company's previous presentation included subtotals for "license and subscription," "maintenance" (now referred to as "support"), and "services". Accordingly, prior period amounts have been reclassified to conform to the current period presentation in the Company's condensed consolidated financial statements and the accompanying notes.</span></div>
CY2020Q4 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:14pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the accompanying condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions about future events that affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenue and expenses. Significant items subject to such estimates include, but are not limited to, revenue recognition, the useful lives of property and equipment and intangible assets, accounts receivable allowances, valuation allowance for deferred tax assets, stock-based compensation, annual bonus attainment, income tax uncertainties, fair value of convertible senior notes and investments, valuation of goodwill and intangible assets, fair value of acquired assets and assumed liabilities, software development costs to be capitalized, and contingencies. These estimates and assumptions are based on management’s best estimates and judgment. Management regularly evaluates its estimates and assumptions using historical experience and other factors; however, actual results could differ from these estimates.</span></div>
CY2020Q4 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:14pt;text-align:justify;text-indent:18pt"><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 style="margin-top:5pt;text-align:justify;text-indent:18pt"><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 the Company to concentrations of credit risk consist of cash, cash equivalents, investments, accounts receivable and unbilled accounts receivable. The Company maintains its cash, cash equivalents, and investments with high quality financial institutions. The Company is exposed to credit risk for cash held in financial institutions in the event of a default to the extent that such amounts recorded in the condensed consolidated balance sheets are in excess of amounts that are insured by the Federal Deposit Insurance Corporation.</span></div>
CY2020Q4 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.10
CY2019Q4 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.10
CY2020Q4 gwre Entity Wide Accounts Receivable Major Customer Percentage
EntityWideAccountsReceivableMajorCustomerPercentage
0.10
CY2020Q3 gwre Entity Wide Accounts Receivable Major Customer Percentage
EntityWideAccountsReceivableMajorCustomerPercentage
0.10
CY2020Q4 us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
Subscriptions are typically sold with a three-to-five year initial term with a customer option to renew on an annual basis after the initial term. Term licenses generally have a two-year initial term with a customer option to renew on an annual basis after the initial term. In certain circumstances, the Company will enter into term licenses with an initial term of more than two years or a renewal period longer than one year. Support for term licenses follows the same contract periods. Professional services typically are time and materials contracts that last for an average period of approximately one year.
CY2020Q4 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P5Y
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
169802000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
157010000 USD
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
169802000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
157010000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
109442000 USD
CY2020Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
84228000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
33849000 USD
CY2020Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
34809000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
109350000 USD
CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
132996000 USD
CY2020Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
0 USD
CY2020Q3 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
0 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
10000000.0 USD
CY2020Q3 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
9600000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
23800000 USD
CY2020Q3 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
25200000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
2200000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1400000 USD
CY2020Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
47000000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
539000000 USD
CY2020Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
1337279000 USD
CY2020Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2918000 USD
CY2020Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
97000 USD
CY2020Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
1340100000 USD
CY2020Q3 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
1353632000 USD
CY2020Q3 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
4432000 USD
CY2020Q3 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
119000 USD
CY2020Q3 us-gaap Available For Sale Securities
AvailableForSaleSecurities
1357945000 USD
CY2020Q4 gwre Available For Sale Securities Debt Maturities Current
AvailableForSaleSecuritiesDebtMaturitiesCurrent
1086147000 USD
CY2020Q4 gwre Available For Sale Securities Debt Maturities Non Current
AvailableForSaleSecuritiesDebtMaturitiesNonCurrent
253953000 USD
CY2020Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
1340100000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
229770000 USD
CY2020Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
856377000 USD
CY2020Q4 us-gaap Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
253953000 USD
CY2020Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
1340100000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
291647000 USD
CY2020Q3 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
766527000 USD
CY2020Q3 us-gaap Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
299771000 USD
CY2020Q3 us-gaap Available For Sale Securities
AvailableForSaleSecurities
1357945000 USD
CY2020Q2 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
1000000.0 USD
CY2020Q3 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
1000000.0 USD
CY2020Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
1000000.0 USD
CY2020Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
79528000 USD
CY2020Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
115518000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1233000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1276000 USD
CY2020Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
78295000 USD
CY2020Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
114242000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1276000 USD
CY2020Q4 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
CY2020Q4 gwre Accounts Receivable Net Change To Revenue Reserves
AccountsReceivableNetChangeToRevenueReserves
43000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1233000 USD
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
16363000 USD
CY2020Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
16969000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
10011000 USD
CY2020Q3 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
9588000 USD
CY2020Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
7881000 USD
CY2020Q3 us-gaap Deferred Costs Current
DeferredCostsCurrent
8399000 USD
CY2020Q4 gwre Deposits And Other Receivables Current
DepositsAndOtherReceivablesCurrent
11496000 USD
CY2020Q3 gwre Deposits And Other Receivables Current
DepositsAndOtherReceivablesCurrent
11033000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
45751000 USD
CY2020Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
45989000 USD
CY2020Q4 gwre Computer Hardware Gross
ComputerHardwareGross
17051000 USD
CY2020Q3 gwre Computer Hardware Gross
ComputerHardwareGross
16791000 USD
CY2020Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
5843000 USD
CY2020Q3 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
5445000 USD
CY2020Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
14746000 USD
CY2020Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
11620000 USD
CY2020Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
11545000 USD
CY2020Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
11438000 USD
CY2020Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
9762000 USD
CY2020Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
9792000 USD
CY2020Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
48682000 USD
CY2020Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
46165000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
107629000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
101251000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
40213000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
36016000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
67416000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
65235000 USD
CY2020Q4 gwre Property And Equipment Pledged As Collateral
PropertyAndEquipmentPledgedAsCollateral
0 USD
CY2020Q3 gwre Property And Equipment Pledged As Collateral
PropertyAndEquipmentPledgedAsCollateral
0 USD
CY2020Q4 us-gaap Depreciation
Depreciation
3600000 USD
CY2019Q4 us-gaap Depreciation
Depreciation
3500000 USD
CY2020Q4 us-gaap Adjustment For Amortization
AdjustmentForAmortization
600000 USD
CY2019Q4 us-gaap Adjustment For Amortization
AdjustmentForAmortization
300000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
340900000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
140700000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
107315000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
33385000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
140700000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
100992000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
39708000 USD
CY2020Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6300000 USD
CY2019Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7200000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
13642000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
11143000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3799000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2379000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1938000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
484000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
33385000 USD
CY2020Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
4577000 USD
CY2020Q3 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
2830000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
23838000 USD
CY2020Q3 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
25221000 USD
CY2020Q4 us-gaap Deferred Costs
DeferredCosts
4916000 USD
CY2020Q3 us-gaap Deferred Costs
DeferredCosts
5729000 USD
CY2020Q4 gwre Strategic Investments Noncurrent
StrategicInvestmentsNoncurrent
3181000 USD
CY2020Q3 gwre Strategic Investments Noncurrent
StrategicInvestmentsNoncurrent
1164000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
36512000 USD
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
34944000 USD
CY2020Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
2000000.0 USD
CY2019Q4 gwre Strategic Investment Impairment Loss
StrategicInvestmentImpairmentLoss
0 USD
CY2020Q4 gwre Strategic Investment Impairment Loss
StrategicInvestmentImpairmentLoss
0 USD
CY2020Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
10858000 USD
CY2020Q3 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
20188000 USD
CY2020Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
1116000 USD
CY2020Q3 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
7201000 USD
CY2020Q4 us-gaap Accrued Vacation Current
AccruedVacationCurrent
22143000 USD
CY2020Q3 us-gaap Accrued Vacation Current
AccruedVacationCurrent
20637000 USD
CY2020Q4 gwre Other Payroll Accruals Current
OtherPayrollAccrualsCurrent
10883000 USD
CY2020Q3 gwre Other Payroll Accruals Current
OtherPayrollAccrualsCurrent
10521000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
45000000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
58547000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11580000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10936000 USD
CY2020Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
5725000 USD
CY2020Q3 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
6651000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2116000 USD
CY2020Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
3817000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3417000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4302000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
22838000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
25706000 USD
CY2020Q4 us-gaap Profit Loss
ProfitLoss
-20190000 USD
CY2019Q4 us-gaap Profit Loss
ProfitLoss
-14991000 USD
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.18
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.18
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83613287 shares
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82360891 shares
CY2020Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2020Q4 gwre Weighted Average Effect Of Dilutive Restricted Stock Units
WeightedAverageEffectOfDilutiveRestrictedStockUnits
0 shares
CY2019Q4 gwre Weighted Average Effect Of Dilutive Restricted Stock Units
WeightedAverageEffectOfDilutiveRestrictedStockUnits
0 shares
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83613287 shares
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82360891 shares
CY2020Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
4372000 USD
CY2019Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
3909000 USD
CY2020Q4 us-gaap Variable Lease Cost
VariableLeaseCost
1366000 USD
CY2019Q4 us-gaap Variable Lease Cost
VariableLeaseCost
1523000 USD
CY2020Q4 us-gaap Sublease Income
SubleaseIncome
395000 USD
CY2019Q4 us-gaap Sublease Income
SubleaseIncome
380000 USD
CY2020Q4 us-gaap Lease Cost
LeaseCost
5343000 USD
CY2020Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
300000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
16823000 USD
CY2019Q4 us-gaap Lease Cost
LeaseCost
5052000 USD
CY2019Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
300000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
11838000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
18745000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
17198000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
17214000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
84960000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
166778000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
29662000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
137116000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
108378000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
103797000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11580000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10936000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
125536000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
119408000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
137116000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
130344000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y2M1D
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y3M7D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0418
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0434
CY2020Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
5285000 USD
CY2019Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
1383000 USD
CY2020Q4 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9217000 USD
CY2019Q4 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
480000 USD
CY2020Q4 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
0 claim
CY2020Q3 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
0 claim
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
28394000 USD
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
24765000 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
310000 USD
CY2020Q4 us-gaap Share Based Compensation
ShareBasedCompensation
28084000 USD
CY2019Q4 us-gaap Share Based Compensation
ShareBasedCompensation
24558000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
207000 USD
CY2020Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
28084000 USD
CY2019Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24558000 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
296860000 USD
CY2020Q4 us-gaap Share Price
SharePrice
96.11
CY2020Q3 us-gaap Share Price
SharePrice
117.66
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
80332 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
29.80
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y2M12D
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
7058000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2020Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
39169 shares
CY2020Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
43.80
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2461000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
654 shares
CY2020Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
11.23
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
40509 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.56
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y9M18D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3222000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
40509 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
16.56
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y9M18D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
3222000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
34585 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
17.48
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P5Y8M12D
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
2719000 USD
CY2020Q4 us-gaap Share Price
SharePrice
96.11
CY2020Q3 us-gaap Share Price
SharePrice
117.66
CY2020Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2020Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
83791856 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
83791856 shares
CY2020Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
83461925 shares
CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
83461925 shares
CY2020Q4 gwre Share Based Compensation Arrangement By Share Based Payment Award Additional Shares Reserved Percentage
ShareBasedCompensationArrangementByShareBasedPaymentAwardAdditionalSharesReservedPercentage
0.05
CY2020Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
200000000.0 USD
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6700000 USD
CY2020Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
195000000.0 USD
CY2020Q4 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
48997 shares
CY2020Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
102.05
CY2020Q4 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
5000000.0 USD
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10700000 USD
CY2020Q4 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2020Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.35
CY2020Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020Q4 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
300000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
18200000 USD
CY2020Q4 gwre Longlived Assets Property Plantand Equipment Net Including Intangiblesand Goodwill
LonglivedAssetsPropertyPlantandEquipmentNetIncludingIntangiblesandGoodwill
441678000 USD
CY2020Q3 gwre Longlived Assets Property Plantand Equipment Net Including Intangiblesand Goodwill
LonglivedAssetsPropertyPlantandEquipmentNetIncludingIntangiblesandGoodwill
445820000 USD

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