2023 Q3 Form 10-Q Financial Statement

#000128613923000111 Filed on August 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $167.3M $168.9M
YoY Change 8.33% 3.04%
Cost Of Revenue $59.21M $63.75M
YoY Change 18.31% 11.07%
Gross Profit $108.1M $105.1M
YoY Change 3.54% -1.28%
Gross Profit Margin 64.6% 62.25%
Selling, General & Admin $74.10M $78.37M
YoY Change -20.19% -21.04%
% of Gross Profit 68.57% 74.56%
Research & Development $21.49M $19.06M
YoY Change 23.11% 17.67%
% of Gross Profit 19.89% 18.13%
Depreciation & Amortization $6.700M $5.837M
YoY Change 27.52% 5.38%
% of Gross Profit 6.2% 5.55%
Operating Expenses $97.81M $100.3M
YoY Change -14.16% -15.12%
Operating Profit $10.26M $4.852M
YoY Change -207.1% -141.69%
Interest Expense $2.623M $2.153M
YoY Change 390.28% 7324.14%
% of Operating Profit 25.58% 44.37%
Other Income/Expense, Net -$882.0K $624.0K
YoY Change -65.22% -130.86%
Pretax Income $12.00M $7.522M
YoY Change -203.63% -155.19%
Income Tax $4.500M $6.127M
% Of Pretax Income 37.51% 81.45%
Net Earnings $7.534M $1.395M
YoY Change -174.54% -110.59%
Net Earnings / Revenue 4.5% 0.83%
Basic Earnings Per Share $0.04 $0.01
Diluted Earnings Per Share $0.04 $0.01
COMMON SHARES
Basic Shares Outstanding 191.8M shares 191.1M shares
Diluted Shares Outstanding 197.5M shares 194.8M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $212.1M $238.9M
YoY Change 0.14% 10.86%
Cash & Equivalents $212.1M $238.9M
Short-Term Investments
Other Short-Term Assets $2.162M $34.28M
YoY Change -1.82% 2068.12%
Inventory
Prepaid Expenses $11.20M $8.611M
Receivables $14.42M $13.50M
Other Receivables $600.0K $1.752M
Total Short-Term Assets $266.8M $288.5M
YoY Change 0.77% 19.01%
LONG-TERM ASSETS
Property, Plant & Equipment $43.76M $48.77M
YoY Change 50.84% -1.16%
Goodwill $63.32M $63.27M
YoY Change 0.21% 5.56%
Intangibles $15.03M $16.32M
YoY Change 10.88% 11.99%
Long-Term Investments $1.200M $1.004M
YoY Change 1.44% -15.06%
Other Assets $8.620M $30.82M
YoY Change -33.06% 131.4%
Total Long-Term Assets $159.7M $160.2M
YoY Change 0.41% -6.33%
TOTAL ASSETS
Total Short-Term Assets $266.8M $288.5M
Total Long-Term Assets $159.7M $160.2M
Total Assets $426.5M $448.6M
YoY Change 0.64% 8.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $32.31M $33.31M
YoY Change 25.21% 80.98%
Accrued Expenses $55.38M $46.84M
YoY Change -7.58% -16.08%
Deferred Revenue $176.9M $179.4M
YoY Change 4.84% 9.99%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $266.8M $267.5M
YoY Change 4.03% 11.97%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.443M $12.80M
YoY Change 51.85% 350.37%
Total Long-Term Liabilities $4.443M $12.80M
YoY Change 51.85% 350.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $266.8M $267.5M
Total Long-Term Liabilities $4.443M $12.80M
Total Liabilities $279.2M $280.3M
YoY Change 3.4% 13.14%
SHAREHOLDERS EQUITY
Retained Earnings -$940.6M -$902.6M
YoY Change 8.62% 8.63%
Common Stock $1.086B $1.071B
YoY Change 7.01% 7.63%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $147.3M $168.3M
YoY Change
Total Liabilities & Shareholders Equity $426.5M $448.6M
YoY Change 0.64% 8.53%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $7.534M $1.395M
YoY Change -174.54% -110.59%
Depreciation, Depletion And Amortization $6.700M $5.837M
YoY Change 27.52% 5.38%
Cash From Operating Activities $27.40M $45.17M
YoY Change 0.52% 309.85%
INVESTING ACTIVITIES
Capital Expenditures $8.000M $7.799M
YoY Change -193.09% -242.63%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$8.000M -$7.799M
YoY Change -6.91% 42.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -46.30M -2.568M
YoY Change 106.72% -93.14%
NET CHANGE
Cash From Operating Activities 27.40M 45.17M
Cash From Investing Activities -8.000M -7.799M
Cash From Financing Activities -46.30M -2.568M
Net Change In Cash -26.90M 34.80M
YoY Change 620.6% -209.18%
FREE CASH FLOW
Cash From Operating Activities $27.40M $45.17M
Capital Expenditures $8.000M $7.799M
Free Cash Flow $19.40M $37.37M
YoY Change -45.89% 126.63%

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Description of the Business<div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">LegalZoom.com, Inc. was initially formed as a California corporation in 1999 and reincorporated as a Delaware corporation in 2007. LegalZoom.com, Inc. and its wholly owned subsidiaries are referred to herein as the “Company”, “we,” “us,” or “our”. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> We are a provider of services that meet the legal needs of small businesses and consumers. Our position at business inception allows us to become a trusted business advisor, supporting the evolving needs of a new business across its lifecycle. Along with business formation, our offerings include ongoing compliance and tax advice and filings, bookkeeping, virtual mailbox and e-signature solutions, trademark filings, and estate plans. Additionally, we have insights into our customers and leverage our offerings as a channel to introduce small businesses to leading brands in our partner ecosystem, solving even more of their business needs.</span></div>
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CY2022Q2 us-gaap Assets Current
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CY2022Q2 us-gaap Property Plant And Equipment Net
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CY2022Q2 us-gaap Goodwill
Goodwill
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CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14570000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6961000 usd
CY2022Q2 us-gaap Deferred Income Tax Assets Net
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29749000 usd
CY2022Q2 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
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CY2022Q2 us-gaap Other Assets Noncurrent
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CY2022Q2 us-gaap Assets
Assets
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CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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CY2022Q2 us-gaap Operating Lease Liability Current
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CY2022Q2 us-gaap Operating Lease Liability Noncurrent
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CY2022Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
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CY2022Q2 us-gaap Other Liabilities Noncurrent
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CY2022Q2 us-gaap Liabilities
Liabilities
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CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000 shares
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
196079 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
196079 shares
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
196000 usd
CY2022Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
994558000 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1854000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
170948000 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
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417439000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
57151000 usd
us-gaap Cost Of Revenue
CostOfRevenue
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CY2022Q2 us-gaap Gross Profit
GrossProfit
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us-gaap Gross Profit
GrossProfit
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CY2022Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
71721000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
148595000 usd
CY2022Q2 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
16197000 usd
us-gaap Communications And Information Technology
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CY2022Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
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us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
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CY2022Q2 us-gaap Operating Expenses
OperatingExpenses
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us-gaap Operating Expenses
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CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
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us-gaap Operating Income Loss
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CY2022Q2 us-gaap Interest Income Expense Nonoperating Net
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us-gaap Interest Income Expense Nonoperating Net
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CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
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CY2022Q2 us-gaap Earnings Per Share Basic
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CY2022Q2 us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
197819000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
197819000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
198040000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
198040000 shares
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2022Q2 us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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CY2022Q2 us-gaap Stockholders Equity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
10933000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
852000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
112000 usd
lz Impairment Of Other Equity Securities
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170000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2357000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
417000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
338000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-13553000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
6921000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
15000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
16700000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
24757000 usd
lz Proceeds From Acquisition Of Business Working Capital Adjustments
ProceedsFromAcquisitionOfBusinessWorkingCapitalAdjustments
307000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
600000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
39155000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
30000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1487000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-38298000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-23760000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
239297000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
215537000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:12pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-weight:400;line-height:112%">The preparation of financial statements in conformity with GAAP requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses, and related disclosures of contingent liabilities in the consolidated financial statements and accompanying notes. Estimates are used for, but not limited to, revenue recognition, sales allowances and expected credit loss allowances, available-for-sale debt securities, other equity securities, recoverability of long-lived assets and goodwill, income taxes, commitments and contingencies, and stock-based compensation. Actual results could differ materially from those estimates. On an ongoing basis, we evaluate the estimates compared to historical experience and other factors including the current economic and regulatory environment, which form the basis for our judgments about the carrying value of assets and liabilities.</span></div>
us-gaap Number Of Operating Segments
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ForeignCurrencyTransactionGainLossBeforeTax
500000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1100000 usd
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Concentration Risk Credit Risk
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<div style="margin-bottom:6pt;margin-top:12pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We maintain accounts in U.S. and U.K. banks with funds insured by the Federal Deposit Insurance Corporation, or FDIC, and the Financial Services Compensation Scheme, or FSCS, respectively. Our bank accounts may, at times, exceed the FDIC and FSCS insured limits. Financial instruments that potentially subject us to credit risk consist principally of cash and cash equivalents. Management believes that we are not exposed to any significant credit risk related to our cash or cash equivalents and have not experienced any losses in such accounts.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Due to a large and diverse customer base, no individual customer represented more t</span><span style="background-color:#ffffff;color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">han 10% of total r</span><span style="color:#000000;font-family:'Work Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">evenue for the three and six months ended June 30, 2023 and 2022. At June 30, 2023 and December 31, 2022, there were no customers with an outstanding balance of 10% or more of our total accounts receivable balance.</span></div>
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5700000 usd
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
5900000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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318076000 usd
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CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2023Q2 us-gaap Provision For Doubtful Accounts
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CY2022Q2 us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
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CY2023Q2 lz Accounts Receivable Bad Debt Expense Recognized In General And Administrative Expense
AccountsReceivableBadDebtExpenseRecognizedInGeneralAndAdministrativeExpense
425000 usd
CY2022Q2 lz Accounts Receivable Bad Debt Expense Recognized In General And Administrative Expense
AccountsReceivableBadDebtExpenseRecognizedInGeneralAndAdministrativeExpense
68000 usd
lz Accounts Receivable Bad Debt Expense Recognized In General And Administrative Expense
AccountsReceivableBadDebtExpenseRecognizedInGeneralAndAdministrativeExpense
489000 usd
lz Accounts Receivable Bad Debt Expense Recognized In General And Administrative Expense
AccountsReceivableBadDebtExpenseRecognizedInGeneralAndAdministrativeExpense
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CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
3523000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1664000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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5563000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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3885000 usd
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CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
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5734000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4508000 usd
CY2023Q2 us-gaap Prepaid Expense Current
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CY2022Q4 us-gaap Prepaid Expense Current
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10624000 usd
CY2023Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1929000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
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1915000 usd
CY2023Q2 us-gaap Capitalized Computer Software Net
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1177000 usd
CY2022Q4 us-gaap Capitalized Computer Software Net
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1407000 usd
CY2023Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
575000 usd
CY2022Q4 us-gaap Income Taxes Receivable
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760000 usd
CY2023Q2 us-gaap Other Assets Current
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1016000 usd
CY2022Q4 us-gaap Other Assets Current
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1993000 usd
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
13308000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
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CY2023Q2 us-gaap Employee Related Liabilities Current
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CY2022Q4 us-gaap Employee Related Liabilities Current
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CY2023Q2 lz Accrued Vendor Payables
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CY2022Q4 lz Accrued Vendor Payables
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15531000 usd
CY2023Q2 us-gaap Accrued Advertising Current
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CY2022Q4 us-gaap Accrued Advertising Current
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1071000 usd
CY2023Q2 lz Accrued Sales Allowances Current
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CY2022Q4 lz Accrued Sales Allowances Current
AccruedSalesAllowancesCurrent
4426000 usd
CY2023Q2 us-gaap Sales And Excise Tax Payable Current
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3544000 usd
CY2022Q4 us-gaap Sales And Excise Tax Payable Current
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CY2023Q2 us-gaap Accounts Payable And Accrued Liabilities Current
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CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
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CY2023Q2 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
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5837000 usd
CY2022Q2 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
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5539000 usd
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
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us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
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CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
180100000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
165100000 usd
CY2023Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
88500000 usd
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
92400000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
128200000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
123900000 usd
CY2023Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
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CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
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CY2022Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
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CY2023Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
378363 shares
CY2023Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
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CY2023Q2 us-gaap Stock Repurchased During Period Value
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us-gaap Stock Repurchased During Period Shares
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us-gaap Treasury Stock Acquired Average Cost Per Share
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us-gaap Stock Repurchased During Period Value
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9800000 usd
CY2023Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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CY2023Q2 us-gaap Allocated Share Based Compensation Expense
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CY2022Q2 us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
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us-gaap Allocated Share Based Compensation Expense
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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P5Y10M13D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
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1.107
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.039
CY2023Q2 us-gaap Unrecognized Tax Benefits
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9400000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
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8900000 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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9400000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
1395000 usd
CY2022Q2 us-gaap Net Income Loss
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us-gaap Net Income Loss
NetIncomeLoss
-963000 usd
us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1395000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1395000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-38496000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191342000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
197819000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
191318000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
198040000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
194826000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
197819000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
191318000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
198040000 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15197000 shares
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
25647000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
36533000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
25647000 shares
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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