2022 Q4 Form 10-Q Financial Statement

#000152839622000129 Filed on December 07, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $195.3M $244.6M
YoY Change 17.69% 6.61%
Cost Of Revenue $123.1M $128.7M
YoY Change 19.34% 28.59%
Gross Profit $72.15M $115.9M
YoY Change 14.97% -10.41%
Gross Profit Margin 36.95% 47.37%
Selling, General & Admin $88.54M $82.78M
YoY Change 29.81% 18.48%
% of Gross Profit 122.71% 71.45%
Research & Development $58.17M $65.29M
YoY Change -2.93% 9.67%
% of Gross Profit 80.62% 56.35%
Depreciation & Amortization $7.623M $7.795M
YoY Change 111.75% -1.67%
% of Gross Profit 10.57% 6.73%
Operating Expenses $146.7M $148.1M
YoY Change 14.5% 14.43%
Operating Profit -$74.55M -$32.21M
YoY Change 14.04% 38244.05%
Interest Expense $1.674M -$1.030M
YoY Change -65.08% -88.44%
% of Operating Profit
Other Income/Expense, Net -$13.82M -$3.305M
YoY Change -1268.55% -203.7%
Pretax Income -$85.41M -$36.54M
YoY Change 25.03% 529.31%
Income Tax -$16.10M -$5.514M
% Of Pretax Income
Net Earnings -$69.32M -$31.03M
YoY Change 35.19% 2906.78%
Net Earnings / Revenue -35.5% -12.69%
Basic Earnings Per Share -$0.83
Diluted Earnings Per Share -$0.83 -$369.6K
COMMON SHARES
Basic Shares Outstanding 83.32M shares 84.08M shares
Diluted Shares Outstanding 83.32M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $705.2M $976.2M
YoY Change -16.23% -12.8%
Cash & Equivalents $263.2M $606.3M
Short-Term Investments $442.0M $369.9M
Other Short-Term Assets $59.36M $61.22M
YoY Change -16.92% 16.11%
Inventory
Prepaid Expenses $24.27M
Receivables $88.27M $215.3M
Other Receivables $0.00 $0.00
Total Short-Term Assets $943.6M $1.253B
YoY Change -12.69% -7.57%
LONG-TERM ASSETS
Property, Plant & Equipment $79.04M $171.0M
YoY Change -4.51% 113.62%
Goodwill $372.2M $372.2M
YoY Change 0.04% 9.19%
Intangibles $18.57M $21.36M
YoY Change -41.38% 8.2%
Long-Term Investments $18.20M $187.5M
YoY Change -93.96% -18.73%
Other Assets $51.16M $248.2M
YoY Change 19.68% 545.01%
Total Long-Term Assets $1.005B $1.014B
YoY Change -8.45% 4.93%
TOTAL ASSETS
Total Short-Term Assets $943.6M $1.253B
Total Long-Term Assets $1.005B $1.014B
Total Assets $1.949B $2.267B
YoY Change -10.55% -2.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $41.65M $40.44M
YoY Change 52.03% 45.31%
Accrued Expenses $43.17M $90.96M
YoY Change 54.18% 187.42%
Deferred Revenue $137.5M $170.8M
YoY Change 24.63% 23.13%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $252.8M $337.5M
YoY Change 23.8% 12.39%
LONG-TERM LIABILITIES
Long-Term Debt $395.9M $358.2M
YoY Change 13.97% 4.19%
Other Long-Term Liabilities $6.923M $119.5M
YoY Change -32.5% 1071.51%
Total Long-Term Liabilities $6.923M $477.7M
YoY Change -32.5% 4583.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $252.8M $337.5M
Total Long-Term Liabilities $6.923M $477.7M
Total Liabilities $763.3M $815.2M
YoY Change 12.26% 4.93%
SHAREHOLDERS EQUITY
Retained Earnings -$473.6M -$284.0M
YoY Change 229.72% 329.62%
Common Stock $1.683B $1.755B
YoY Change 2.0% 8.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.185B $1.452B
YoY Change
Total Liabilities & Shareholders Equity $1.949B $2.267B
YoY Change -10.55% -2.37%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income -$69.32M -$31.03M
YoY Change 35.19% 2906.78%
Depreciation, Depletion And Amortization $7.623M $7.795M
YoY Change 111.75% -1.67%
Cash From Operating Activities -$87.44M $83.59M
YoY Change -18.32% -22.85%
INVESTING ACTIVITIES
Capital Expenditures $604.0K -$4.613M
YoY Change -81.88% -47.72%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$50.12M $202.1M
YoY Change -429.82% 400.46%
Cash From Investing Activities -$54.42M $197.5M
YoY Change -773.47% 525.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $200.0M $0.00
YoY Change 661.56%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$200.0M 0.000
YoY Change 662.05% -100.0%
NET CHANGE
Cash From Operating Activities -$87.44M 83.59M
Cash From Investing Activities -$54.42M 197.5M
Cash From Financing Activities -$200.0M 0.000
Net Change In Cash -$344.9M 281.1M
YoY Change 173.28% 177.78%
FREE CASH FLOW
Cash From Operating Activities -$87.44M $83.59M
Capital Expenditures $604.0K -$4.613M
Free Cash Flow -$88.04M $88.21M
YoY Change -20.24% -24.72%

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CY2021Q4 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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CY2022Q4 us-gaap Other Noncash Income Expense
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CY2022Q4 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-55245000 usd
CY2021Q4 us-gaap Increase Decrease In Accounts Receivable
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CY2022Q4 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
20659000 usd
CY2021Q4 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
6137000 usd
CY2022Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
839000 usd
CY2021Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
7046000 usd
CY2022Q4 gwre Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
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CY2021Q4 gwre Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
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CY2021Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021Q4 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-1333000 usd
CY2022Q4 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-45548000 usd
CY2021Q4 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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CY2022Q4 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-33575000 usd
CY2021Q4 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-30456000 usd
CY2022Q4 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-4441000 usd
CY2021Q4 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-3386000 usd
CY2022Q4 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2572000 usd
CY2021Q4 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
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CY2022Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022Q4 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
169232000 usd
CY2021Q4 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
241247000 usd
CY2022Q4 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
97023000 usd
CY2021Q4 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
27331000 usd
CY2022Q4 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
22268000 usd
CY2021Q4 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
272943000 usd
CY2022Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
604000 usd
CY2021Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3333000 usd
CY2022Q4 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
3697000 usd
CY2021Q4 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
3783000 usd
CY2022Q4 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
181000 usd
CY2021Q4 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0 usd
CY2022Q4 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2021Q4 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
43830000 usd
CY2022Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
8081000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
3000000 usd
CY2022Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2021Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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CY2022Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
200000000 usd
CY2021Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
26262000 usd
CY2022Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-200000000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
258720000 usd
CY2022Q4 us-gaap Interest Paid Net
InterestPaidNet
2500000 usd
CY2021Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-26245000 usd
CY2022Q4 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2992000 usd
CY2021Q4 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-984000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-344850000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-126190000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
614686000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
384910000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
269836000 usd
CY2021Q4 us-gaap Interest Paid Net
InterestPaidNet
2500000 usd
CY2022Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1314000 usd
CY2021Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
717000 usd
CY2022Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
632000 usd
CY2021Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2639000 usd
CY2022Q4 gwre Capitalized Software Costs Incurred But Not Yet Paid
CapitalizedSoftwareCostsIncurredButNotYetPaid
257000 usd
CY2021Q4 gwre Capitalized Software Costs Incurred But Not Yet Paid
CapitalizedSoftwareCostsIncurredButNotYetPaid
287000 usd
CY2022Q4 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-style:italic;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%">Effective as of the beginning of fiscal year 2023, the Company revised its allocation methodology and presentation of certain expenses. The change resulted in facilities expenses, information technology infrastructure and software expenses, and information security infrastructure and software expenses being allocated to all functional departments based on headcount, with the remaining previously allocated costs being recorded within general and administrative expenses. The impact was an increase in general and administrative expenses and a decrease in cost of revenue and other operating expense categories. 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 presented herein.</span></div>
CY2022Q4 us-gaap Use Of Estimates
UseOfEstimates
<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-style:italic;font-weight:700;line-height:120%">Use of Estimates</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%">In preparing the condensed consolidated financial statements and related disclosures in conformity with GAAP and pursuant to the rules and regulations of the SEC, the Company must make estimates and judgments that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results may differ materially from these estimates.</span></div>
CY2022Q3 us-gaap Senior Notes
SeniorNotes
358216000 usd
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
165934000 usd
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
195282000 usd
CY2022Q4 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<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-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</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%">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>
CY2022Q3 gwre Entity Wide Accounts Receivable Major Customer Percentage
EntityWideAccountsReceivableMajorCustomerPercentage
0.10
CY2022Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
191461000 usd
CY2022Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
200405000 usd
CY2022Q3 us-gaap Senior Notes
SeniorNotes
395469000 usd
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
-1755476000 usd
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
-1687473000 usd
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
195282000 usd
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
165934000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
106088000 usd
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
85429000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
41352000 usd
CY2022Q3 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
44235000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
144701000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
26800000 usd
CY2022Q3 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
29400000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
4500000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
178276000 usd
CY2022Q3 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
0 usd
CY2022Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
0 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
14600000 usd
CY2022Q3 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
14800000 usd
CY2022Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
81900000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1100000000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
780848000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
15000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
9617000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
771246000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1066361000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
8000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
7750000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1058619000 usd
CY2022Q4 gwre Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date Less Than12 Months
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateLessThan12Months
607911000 usd
CY2022Q4 gwre Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date Greater Than12 Months
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateGreaterThan12Months
163335000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
771246000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
165888000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
442023000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
163335000 usd
CY2022Q4 gwre Cash Cash Equivalents And Debt Securities Available For Sale
CashCashEquivalentsAndDebtSecuritiesAvailableForSale
771246000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
501247000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
369865000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
187507000 usd
CY2022Q3 gwre Cash Cash Equivalents And Debt Securities Available For Sale
CashCashEquivalentsAndDebtSecuritiesAvailableForSale
1058619000 usd
CY2022Q4 gwre Strategic Investments Noncurrent
StrategicInvestmentsNoncurrent
200000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
18200000 usd
CY2022Q3 us-gaap Equity Method Investments
EquityMethodInvestments
18000000 usd
CY2022Q4 us-gaap Profit Loss
ProfitLoss
-69318000 usd
CY2021Q4 us-gaap Profit Loss
ProfitLoss
-51276000 usd
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.83
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.83
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.62
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.62
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83320967 shares
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83320967 shares
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83225743 shares
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83225743 shares
CY2022Q4 us-gaap Purchase Obligation
PurchaseObligation
600000000 usd
CY2022Q4 gwre Purchase Obligation Period
PurchaseObligationPeriod
P5Y
CY2022Q4 gwre Indemnification Agreement Reimbursement Paid
IndemnificationAgreementReimbursementPaid
0 usd
CY2022Q3 gwre Indemnification Agreement Reimbursement Paid
IndemnificationAgreementReimbursementPaid
0 usd
CY2022Q4 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
0 customer
CY2022Q3 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
0 customer
CY2022Q4 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
226172 shares
CY2022Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
116.12
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
35249000 usd
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
32533000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
153000 usd
CY2021Q4 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
293000 usd
CY2022Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
35096000 usd
CY2021Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
32240000 usd
CY2022Q4 us-gaap Share Based Compensation
ShareBasedCompensation
35096000 usd
CY2021Q4 us-gaap Share Based Compensation
ShareBasedCompensation
32240000 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
355778000 usd
CY2022Q4 us-gaap Share Price
SharePrice
59.41
CY2022Q3 us-gaap Share Price
SharePrice
77.72
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
68.22
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2022Q4 us-gaap Share Price
SharePrice
59.41
CY2022Q3 us-gaap Share Price
SharePrice
77.72

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