2022 Q4 Form 10-Q Financial Statement
#000152839622000129 Filed on December 07, 2022
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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-443000 | usd |
CY2021Q4 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-251000 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
216000 | usd |
CY2021Q4 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-69000 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-4118000 | usd |
CY2021Q4 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1522000 | usd |
CY2022Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-73436000 | usd |
CY2021Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-52798000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1451657000 | usd |
CY2022Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-69318000 | usd |
CY2022Q4 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
35249000 | usd |
CY2022Q4 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
200000000 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-2701000 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-1201000 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
216000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1185161000 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1544894000 | usd |
CY2021Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-51276000 | usd |
CY2021Q4 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
17000 | usd |
CY2022Q4 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
847000 | usd |
CY2021Q4 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
32533000 | usd |
CY2021Q4 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
26262000 | usd |
CY2021Q4 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-724000 | usd |
CY2021Q4 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-868000 | usd |
CY2021Q4 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-69000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1498383000 | usd |
CY2022Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-69318000 | usd |
CY2021Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-51276000 | usd |
CY2022Q4 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
7623000 | usd |
CY2021Q4 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
8434000 | usd |
CY2022Q4 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
423000 | usd |
CY2021Q4 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
3524000 | usd |
CY2022Q4 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
4490000 | usd |
CY2021Q4 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
3001000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
35096000 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
32240000 | usd |
CY2022Q4 | gwre |
Accounts Receivable Net Change To Allowance For Credit Losses And Revenue Reserves
AccountsReceivableNetChangeToAllowanceForCreditLossesAndRevenueReserves
|
72000 | usd |
CY2021Q4 | gwre |
Accounts Receivable Net Change To Allowance For Credit Losses And Revenue Reserves
AccountsReceivableNetChangeToAllowanceForCreditLossesAndRevenueReserves
|
-35000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-18035000 | usd |
CY2021Q4 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-17551000 | usd |
CY2022Q4 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-98000 | usd |
CY2021Q4 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-1601000 | usd |
CY2022Q4 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-34000 | usd |
CY2021Q4 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-131000 | usd |
CY2022Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-55245000 | usd |
CY2021Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-24088000 | usd |
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
|
-3768000 | usd |
CY2021Q4 | gwre |
Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
|
-2879000 | usd |
CY2021Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-107042000 | usd |
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
|
-62637000 | usd |
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
|
-3153000 | usd |
CY2022Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-87435000 | usd |
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
|
-54423000 | usd |
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
|
17000 | usd |
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 |