2019 Q4 Form 10-K Financial Statement

#000156459021006083 Filed on February 16, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q2
Revenue $186.2M $173.6M $163.3M
YoY Change 29.28% 31.7% 33.19%
Cost Of Revenue $35.98M $33.26M $31.14M
YoY Change 31.47% 29.1% 25.31%
Gross Profit $150.2M $140.4M $132.1M
YoY Change 28.76% 32.34% 35.19%
Gross Profit Margin 80.68% 80.84% 80.92%
Selling, General & Admin $115.1M $114.6M $107.4M
YoY Change 24.43% 26.82% 28.93%
% of Gross Profit 76.63% 81.64% 81.29%
Research & Development $42.80M $39.85M $40.50M
YoY Change 33.75% 29.54% 42.18%
% of Gross Profit 28.49% 28.39% 30.66%
Depreciation & Amortization $7.600M $7.200M $7.000M
YoY Change 10.14% 20.0% 29.63%
% of Gross Profit 5.06% 5.13% 5.3%
Operating Expenses $157.8M $154.4M $147.9M
YoY Change 26.75% 27.51% 419.22%
Operating Profit -$7.589M -$14.07M -$15.79M
YoY Change -3.23% -6.5% -122.8%
Interest Expense -$1.200M $5.760M -$200.0K
YoY Change -53.85% 6.81% -93.75%
% of Operating Profit
Other Income/Expense, Net $400.0K -$664.0K -$700.0K
YoY Change -200.0% -79.59% 40.0%
Pretax Income -$9.000M -$14.74M -$16.60M
YoY Change -17.43% -19.49% -6.74%
Income Tax $1.300M $251.0K $700.0K
% Of Pretax Income
Net Earnings -$10.30M -$14.99M -$17.36M
YoY Change -10.36% -19.7% -4.76%
Net Earnings / Revenue -5.53% -8.63% -10.63%
Basic Earnings Per Share
Diluted Earnings Per Share -$240.1K -$352.9K -$413.3K
COMMON SHARES
Basic Shares Outstanding 42.82M 42.53M 42.13M
Diluted Shares Outstanding 42.53M 42.13M

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $961.5M $948.5M $955.2M
YoY Change 62.35% 68.99% 73.58%
Cash & Equivalents $269.7M $225.8M $238.1M
Short-Term Investments $691.8M $722.8M $717.1M
Other Short-Term Assets $55.70M $55.20M $54.70M
YoY Change 29.53% 31.43% 26.33%
Inventory
Prepaid Expenses
Receivables $92.52M $77.55M $73.00M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.110B $1.081B $1.083B
YoY Change 55.77% 62.23% 67.37%
LONG-TERM ASSETS
Property, Plant & Equipment $83.65M $63.96M $58.47M
YoY Change 59.43% 23.24% 18.6%
Goodwill $30.25M $14.95M
YoY Change 102.34%
Intangibles
YoY Change
Long-Term Investments $53.80M $59.80M $38.60M
YoY Change 367.83% 353.03% 135.37%
Other Assets $9.824M $7.894M $26.70M
YoY Change 42.62% -62.05% 36.92%
Total Long-Term Assets $459.5M $397.6M $380.6M
YoY Change 278.12% 233.87% 223.09%
TOTAL ASSETS
Total Short-Term Assets $1.110B $1.081B $1.083B
Total Long-Term Assets $459.5M $397.6M $380.6M
Total Assets $1.569B $1.479B $1.464B
YoY Change 88.17% 88.25% 91.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.84M $14.88M $13.30M
YoY Change 64.43% 69.11% 133.33%
Accrued Expenses $78.60M $65.20M $64.00M
YoY Change 71.24% 55.24% 57.64%
Deferred Revenue $231.0M $200.8M
YoY Change 26.04% 25.08%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $100.0K $100.0K
YoY Change
Total Short-Term Liabilities $322.5M $280.9M $272.9M
YoY Change 36.07% 32.95% 37.66%
LONG-TERM LIABILITIES
Long-Term Debt $340.6M $335.0M $329.5M
YoY Change 6.84% 6.82% 6.84%
Other Long-Term Liabilities $8.983M $6.182M $243.0M
YoY Change 83.44% 31.11% 696.72%
Total Long-Term Liabilities $8.983M $6.182M $572.5M
YoY Change 83.44% 31.11% 68.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $322.5M $280.9M $272.9M
Total Long-Term Liabilities $8.983M $6.182M $572.5M
Total Liabilities $919.3M $850.5M $845.3M
YoY Change 56.0% 52.91% 57.35%
SHAREHOLDERS EQUITY
Retained Earnings -$398.1M -$387.8M
YoY Change 15.61% 16.5%
Common Stock $1.048B $1.017B
YoY Change 77.77% 80.63%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $650.0M $628.4M $618.1M
YoY Change
Total Liabilities & Shareholders Equity $1.569B $1.479B $1.464B
YoY Change 88.17% 88.24% 91.36%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income -$10.30M -$14.99M -$17.36M
YoY Change -10.36% -19.7% -4.76%
Depreciation, Depletion And Amortization $7.600M $7.200M $7.000M
YoY Change 10.14% 20.0% 29.63%
Cash From Operating Activities $47.90M $19.70M $13.70M
YoY Change 44.28% 71.3% 1.48%
INVESTING ACTIVITIES
Capital Expenditures -$23.50M -$12.90M -$10.30M
YoY Change 190.12% 55.42% 25.61%
Acquisitions
YoY Change
Other Investing Activities $16.60M -$23.10M -$52.80M
YoY Change -244.35% 178.31% -16.32%
Cash From Investing Activities -$6.900M -$36.10M -$63.10M
YoY Change -64.62% 117.47% -11.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.800M 6.100M 3.200M
YoY Change 7.69% 103.33% -11.11%
NET CHANGE
Cash From Operating Activities 47.90M 19.70M 13.70M
Cash From Investing Activities -6.900M -36.10M -63.10M
Cash From Financing Activities 2.800M 6.100M 3.200M
Net Change In Cash 43.80M -10.30M -46.20M
YoY Change 168.71% 390.48% -14.92%
FREE CASH FLOW
Cash From Operating Activities $47.90M $19.70M $13.70M
Capital Expenditures -$23.50M -$12.90M -$10.30M
Free Cash Flow $71.40M $32.60M $24.00M
YoY Change 72.88% 64.65% 10.6%

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IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
7819000
CY2018 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
11920000
CY2020 hubs Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
31621000
CY2019 hubs Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
15781000
CY2018 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-5799000
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
72624000
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
49265000
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
49316000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
88913000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
118973000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
84851000
CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1517357000
CY2019 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1304847000
CY2018 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
681632000
CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1352231000
CY2019 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1066366000
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
644375000
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
10932000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
37274000
CY2019 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
13474000
CY2018 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
11168000
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
23314000
CY2020 hubs Payment For Purchase Of Strategic Investments
PaymentForPurchaseOfStrategicInvestments
2500000
CY2019 hubs Payment For Purchase Of Strategic Investments
PaymentForPurchaseOfStrategicInvestments
553000
CY2018 hubs Payment For Purchase Of Strategic Investments
PaymentForPurchaseOfStrategicInvestments
500000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-215567000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-316194000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-71230000
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
9900000
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
450123000
CY2020 hubs Proceeds From Settlement Of Convertible Notes
ProceedsFromSettlementOfConvertibleNotes
363554000
CY2020 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
327543000
CY2020 hubs Payments For Capped Call Options Related To Convertible Senior Notes
PaymentsForCappedCallOptionsRelatedToConvertibleSeniorNotes
50600000
CY2020 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
365000
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
342628000
CY2019 us-gaap Repayments Of Debt
RepaymentsOfDebt
333000
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7424000
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6247000
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8033000
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
30371000
CY2019 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
23578000
CY2018 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
21555000
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
28000
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
284000
CY2018 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
744000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
222460000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
359342000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
12778000
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6831000
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-720000
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-2069000
CY2020 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
773000
CY2019 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
2014000
CY2018 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
216000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
278515000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
117114000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
92784000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
381152000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
278515000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
117114000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1512000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
1014000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
1036000
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
2306000
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
3090000
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
1842000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
65340000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
105496000
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1038000
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4606000
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
666000
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates<span style="font-weight:normal;"> —The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</span></p>
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-85031000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-53746000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
-63828000
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44757000
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42025000
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38529000
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44757000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42025000
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38529000
CY2020 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.90
CY2019 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.28
CY2018 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.66
CY2020 hubs Average Stock Price
AverageStockPrice
240.59
CY2020 hubs Cash And Cash Equivalents Maturity Description
CashAndCashEquivalentsMaturityDescription
three months or less at the date of purchase, consisting primarily of money-market funds.
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1584000
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
8501000
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
8092000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1993000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1317000
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
7895000
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
7628000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1584000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
638000
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5514000
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
4835000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1317000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3000000.0
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
8800000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
378123000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
269670000
CY2020Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
3029000
CY2019Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
8845000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
381152000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
278515000
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2020 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1
CY2020Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2019 hubs Maximum Percentage Of Refundable Credit Of Eligible Research And Development Expenses Incurred
MaximumPercentageOfRefundableCreditOfEligibleResearchAndDevelopmentExpensesIncurred
0.25
CY2020 us-gaap Advertising Expense
AdvertisingExpense
21900000
CY2019 us-gaap Advertising Expense
AdvertisingExpense
14900000
CY2018 us-gaap Advertising Expense
AdvertisingExpense
8400000
CY2020 hubs Revenue Subscription Contract Period
RevenueSubscriptionContractPeriod
one year or less
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Concentrations of Credit Risk and Significant Customers<span style="font-weight:normal;"> —Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash, investments and accounts receivable.</span></p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company's cash and cash equivalents are generally held with large financial institutions.  Although the Company's deposits may exceed federally insured limits, the financial institutions that the Company uses have high investment-grade credit ratings and, as a result, the Company believes that, as of December 31, 2020, its risk relating to deposits exceeding federally insured limits was not significant. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company’s investments consist of highly rated corporate debt securities and U.S. Treasury securities<span style="color:#000000;">. The Company limits the amount of investments in any single issuer, except U.S. Treasuries. The Company believes that, as of December 31, 2020, its concentration of credit risk related to investments was not significant.</span></p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company has no significant off-balance sheet risk such as foreign exchange contracts, option contracts, or other hedging arrangements.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company generally does not require collateral from its customers and generally requires payment 30 days from the invoice date. The Company maintains an allowance for doubtful accounts based on its assessment of the collectability of accounts receivable. Credit risk arising from accounts receivable is mitigated as a result of transacting with a large number of geographically dispersed customers spread across various industries.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">At December 31, 2020 and 2019, there were no customers that represented more than 10% of the net accounts receivable balance. There were no customers that individually exceeded 10% of the Company’s revenue in any of the periods presented.</p>
CY2020Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Asset
FairValueDisclosureOffbalanceSheetRisksAmountAsset
0
CY2020 hubs Accounts Receivable Payment Period
AccountsReceivablePaymentPeriod
P30D
CY2020 hubs Minimum Tax Benefit Likely Of Being Realized Upon Ultimate Settlement With Tax Authority Percentage
MinimumTaxBenefitLikelyOfBeingRealizedUponUltimateSettlementWithTaxAuthorityPercentage
0.50
CY2020Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
85630000
CY2019Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
61641000
CY2020Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
60687000
CY2019Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
44848000
CY2020Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
24943000
CY2019Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
16793000
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
16000000.0
CY2019 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
11600000
CY2018 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
9200000
CY2020 hubs Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
82400000
CY2020 hubs Additional Invoice Recognized
AdditionalInvoiceRecognized
965400000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
883000000.0
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
232000000.0
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
255600000
CY2020 hubs Revenue Remaining Performance Obligation Contract Period
RevenueRemainingPerformanceObligationContractPeriod
P1Y
CY2020 hubs Revenue Remaining Performance Obligation Percentage Recognized
RevenueRemainingPerformanceObligationPercentageRecognized
0.93
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P24M
CY2020 hubs Increase Decrease In Deferred Sales Commission
IncreaseDecreaseInDeferredSalesCommission
21700000
CY2020 hubs Incremental Costs Of Deferred Sales Commission
IncrementalCostsOfDeferredSalesCommission
65600000
CY2020 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
43900000
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
44600000
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
32200000
CY2020 us-gaap Sublease Income
SubleaseIncome
5000000
CY2019 us-gaap Sublease Income
SubleaseIncome
2498000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
388962000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
79469000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
309493000
CY2020 hubs Increase In Future Lease Commitments
IncreaseInFutureLeaseCommitments
90800000
CY2020 hubs Operating And Finance Lease Weighted Average Remaining Lease Term
OperatingAndFinanceLeaseWeightedAverageRemainingLeaseTerm
P8Y
CY2020Q4 hubs Operating And Finance Lease Weighted Average Discount Rate Percent
OperatingAndFinanceLeaseWeightedAverageDiscountRatePercent
0.053
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
48800000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
28800000
CY2020Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1079284000
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
910960000
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
903277000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
532000
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
39000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
903770000
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
745180000
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
458000
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
28000
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
745610000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
872637000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
873073000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
691556000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
691834000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
30640000
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
30697000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
53624000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
53776000
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
903277000
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
903770000
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
745180000
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
745610000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
171976000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
132728000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
70853000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
49079000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
101123000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
83649000
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
20600000
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
15000000.0
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
12900000
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
3533000
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
3533000
CY2018Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1424000
CY2018Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1424000
CY2020 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
750000
CY2020 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
750000
CY2019 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
2028000
CY2019 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
2028000
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236000
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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2150000
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2126000
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1673000
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FiniteLivedIntangibleAssetsFutureAmortizationExpense
10282000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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8171000
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236000
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
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103000
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
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103000
CY2020 us-gaap Asset Retirement Obligation Revision Of Estimate
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365000
CY2020 us-gaap Asset Retirement Obligation Revision Of Estimate
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365000
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
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-22000
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
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4884000
CY2020Q4 us-gaap Asset Retirement Obligations Noncurrent
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4884000
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3533000
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
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3533000
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5615000
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10282000
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11752000
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2600000
CY2019 us-gaap Amortization Of Intangible Assets
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3200000
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1400
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1083000
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21800000
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15219000
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81000
CY2019Q4 us-gaap Goodwill
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30250000
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1431000
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-363000
CY2020Q4 us-gaap Goodwill
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31318000
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1
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883026000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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674860000
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377016000
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51933000
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50449000
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49994000
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48617000
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48686000
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139283000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
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388962000
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387000
CY2020 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
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4939000
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500000000
CY2019Q4 us-gaap Common Stock Shares Authorized
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500000000
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2581000
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3023000
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97754000
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76261000
CY2020 us-gaap Allocated Share Based Compensation Expense
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121488000
CY2019 us-gaap Allocated Share Based Compensation Expense
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97754000
CY2018 us-gaap Allocated Share Based Compensation Expense
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76261000
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1494000
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33.09
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187398000
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111000
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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183.25
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
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580000
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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17.16
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5000
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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145.4
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1020000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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57.98
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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345144000
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1020000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
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57.98
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
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345144000
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828000
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34.85
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299266000
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9800000
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P2Y4M24D
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12427000
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7809000
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2020 us-gaap Current Federal Tax Expense Benefit
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406000
CY2019 us-gaap Current Federal Tax Expense Benefit
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238000
CY2020 hubs Percentage Of Discount To Employees On Purchase Of Common Stock Under Employee Stock Purchase Plan
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0.15
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184000
CY2020 us-gaap Current State And Local Tax Expense Benefit
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487000
CY2019 us-gaap Current State And Local Tax Expense Benefit
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241000
CY2018 us-gaap Current State And Local Tax Expense Benefit
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140000
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
5508000
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
3293000
CY2018 us-gaap Current Foreign Tax Expense Benefit
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1508000
CY2020 us-gaap Current Income Tax Expense Benefit
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6401000
CY2019 us-gaap Current Income Tax Expense Benefit
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3772000
CY2018 us-gaap Current Income Tax Expense Benefit
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1832000
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116000
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CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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36000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4216000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2973000
CY2018 us-gaap Income Tax Expense Benefit
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1868000
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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-17575000
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3004000
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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7244000
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-830000
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-693000
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-435000
CY2020 us-gaap Income Tax Reconciliation Tax Credits
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11529000
CY2019 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
24170000
CY2018 us-gaap Income Tax Reconciliation Tax Credits
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1763000
CY2019 hubs Income Tax Reconciliation Tax Cuts And Jobs Act Of2017 Global Intangible Low Taxed Income Inclusion
IncomeTaxReconciliationTaxCutsAndJobsActOf2017GlobalIntangibleLowTaxedIncomeInclusion
1645000
CY2018 hubs Income Tax Reconciliation Tax Cuts And Jobs Act Of2017 Global Intangible Low Taxed Income Inclusion
IncomeTaxReconciliationTaxCutsAndJobsActOf2017GlobalIntangibleLowTaxedIncomeInclusion
1177000
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
478000
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
1208000
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
1411000
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62182000
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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47523000
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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37059000
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IncomeTaxReconciliationOtherAdjustments
-2376000
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
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636000
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
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104000
CY2020 us-gaap Income Tax Expense Benefit
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4216000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2973000
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1868000
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116000
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
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21873000
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36100000
CY2020Q4 us-gaap Deferred Income Tax Liabilities
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41659000
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142512000
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35285000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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9239000
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1756000
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164000
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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7354000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
5451000
CY2020Q4 hubs Deferred Tax Assets Interest Expense
DeferredTaxAssetsInterestExpense
8650000
CY2019Q4 hubs Deferred Tax Assets Interest Expense
DeferredTaxAssetsInterestExpense
3197000
CY2020Q4 us-gaap Deferred Tax Assets Gross
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270953000
CY2019Q4 us-gaap Deferred Tax Assets Gross
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197440000
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2546000
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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2678000
CY2019Q4 hubs Deferred Tax Liabilities Convertible Debt
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3550000
CY2020Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Patent Costs
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17009000
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Patent Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedPatentCosts
11351000
CY2020Q4 hubs Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
231000
CY2019Q4 hubs Deferred Tax Liabilities Depreciation
DeferredTaxLiabilitiesDepreciation
138000
CY2019Q4 us-gaap Deferred Income Tax Liabilities
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17717000
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CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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180092000
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2232000
CY2019 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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47300000
CY2019Q4 us-gaap Deferred Tax Liabilities
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369000
CY2020 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
5900000
CY2020 us-gaap Valuation Allowance Deferred Tax Asset Explanation Of Change
ValuationAllowanceDeferredTaxAssetExplanationOfChange
The Company does not expect any significant changes in its valuation allowance positions within the next 12 months.
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
760000000
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
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508000000
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
568000000
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
379000000
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
8000000
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
6000000
CY2020 hubs Minimum Tax Benefit Likely Of Being Realized Upon Ultimate Settlement With Tax Authority Percentage
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0.50
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5445000
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3925000
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2725000
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3003000
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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2387000
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1200000
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867000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8448000
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5445000
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3925000
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
0
CY2020 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0
CY2020 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Not Possible
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The Company does not expect any significant change in its unrecognized tax benefits within the next 12 months
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4800000
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4000000.0
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
198968000
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
38285000
CY2020Q1 us-gaap Gross Profit
GrossProfit
160683000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-17716000
CY2020Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.41
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
186186000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
173621000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
163255000
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
151798000
CY2019Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
35975000
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
33263000
CY2019Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
31142000
CY2019Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
29578000
CY2019Q4 us-gaap Gross Profit
GrossProfit
150211000
CY2019Q3 us-gaap Gross Profit
GrossProfit
140358000
CY2019Q2 us-gaap Gross Profit
GrossProfit
132113000
CY2019Q1 us-gaap Gross Profit
GrossProfit
122220000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
-10302000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-14987000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-17357000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-11100000
CY2019Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.24
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.35
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.41
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.27

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