2019 Q4 Form 10-Q Financial Statement

#000161873219000123 Filed on December 05, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4
Revenue $314.8M $313.3M
YoY Change 0.47% 13.69%
Cost Of Revenue $72.20M $74.11M
YoY Change -2.57% -31.78%
Gross Profit $242.6M $239.2M
YoY Change 1.42% 43.28%
Gross Profit Margin 77.06% 76.35%
Selling, General & Admin $324.7M $223.8M
YoY Change 45.06% 38.64%
% of Gross Profit 133.86% 93.59%
Research & Development $138.2M $110.5M
YoY Change 25.04% 71.33%
% of Gross Profit 56.98% 46.21%
Depreciation & Amortization $22.46M $16.18M
YoY Change 38.8% 42.8%
% of Gross Profit 9.26% 6.77%
Operating Expenses $462.9M $334.4M
YoY Change 38.44% 47.97%
Operating Profit -$220.3M -$95.19M
YoY Change 131.47% 61.23%
Interest Expense -$7.600M -$7.100M
YoY Change 7.04%
% of Operating Profit
Other Income/Expense, Net -$5.040M -$2.703M
YoY Change 86.46% 1330.16%
Pretax Income -$225.4M -$97.89M
YoY Change 130.23% 65.28%
Income Tax $3.900M -$3.628M
% Of Pretax Income
Net Earnings -$229.3M -$94.27M
YoY Change 143.25% 53.31%
Net Earnings / Revenue -72.85% -30.09%
Basic Earnings Per Share
Diluted Earnings Per Share -$1.209M -$601.4K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $889.4M $965.0M
YoY Change -7.83% 163.69%
Cash & Equivalents $233.8M $399.8M
Short-Term Investments $655.6M $565.2M
Other Short-Term Assets $13.90M $74.30M
YoY Change -81.29% 34.12%
Inventory
Prepaid Expenses
Receivables $214.9M $237.7M
Other Receivables $5.600M $0.00
Total Short-Term Assets $1.218B $1.277B
YoY Change -4.63% 115.39%
LONG-TERM ASSETS
Property, Plant & Equipment $140.5M $104.8M
YoY Change 34.1% 55.01%
Goodwill $185.3M $185.0M
YoY Change 0.14% 1009.61%
Intangibles $62.43M $79.83M
YoY Change -21.8% 220.67%
Long-Term Investments
YoY Change
Other Assets $17.26M $39.13M
YoY Change -55.89% 432.56%
Total Long-Term Assets $648.5M $496.1M
YoY Change 30.72% 188.4%
TOTAL ASSETS
Total Short-Term Assets $1.218B $1.277B
Total Long-Term Assets $648.5M $496.1M
Total Assets $1.866B $1.773B
YoY Change 5.26% 131.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $83.38M $69.47M
YoY Change 20.02% 1.23%
Accrued Expenses $17.43M $28.55M
YoY Change -38.94% 202.75%
Deferred Revenue $429.4M $307.2M
YoY Change 39.79%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $655.2M $470.9M
YoY Change 39.14% 47.65%
LONG-TERM LIABILITIES
Long-Term Debt $466.5M $436.7M
YoY Change 6.82%
Other Long-Term Liabilities $16.83M $39.49M
YoY Change -57.39% 274.14%
Total Long-Term Liabilities $16.83M $39.49M
YoY Change -57.39% 274.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $655.2M $470.9M
Total Long-Term Liabilities $16.83M $39.49M
Total Liabilities $1.803B $1.342B
YoY Change 34.36% 144.7%
SHAREHOLDERS EQUITY
Retained Earnings -$1.879B -$1.122B
YoY Change 67.38% 41.63%
Common Stock $5.000K $4.000K
YoY Change 25.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $63.53M $431.3M
YoY Change
Total Liabilities & Shareholders Equity $1.866B $1.773B
YoY Change 5.26% 131.8%

Cashflow Statement

Concept 2019 Q4 2018 Q4
OPERATING ACTIVITIES
Net Income -$229.3M -$94.27M
YoY Change 143.25% 53.31%
Depreciation, Depletion And Amortization $22.46M $16.18M
YoY Change 38.8% 42.8%
Cash From Operating Activities -$26.16M $49.82M
YoY Change -152.51% 393.4%
INVESTING ACTIVITIES
Capital Expenditures $18.20M $29.83M
YoY Change -38.98% 66.06%
Acquisitions $0.00 $18.66M
YoY Change -100.0%
Other Investing Activities -$142.2M $44.98M
YoY Change -416.05% -293.96%
Cash From Investing Activities -$160.4M $15.15M
YoY Change -1158.59% -136.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $23.97M $28.82M
YoY Change -16.83% 14.63%
NET CHANGE
Cash From Operating Activities -$26.16M $49.82M
Cash From Investing Activities -$160.4M $15.15M
Cash From Financing Activities $23.97M $28.82M
Net Change In Cash -$162.6M $93.80M
YoY Change -273.31% -1687.36%
FREE CASH FLOW
Cash From Operating Activities -$26.16M $49.82M
Capital Expenditures $18.20M $29.83M
Free Cash Flow -$44.37M $19.99M
YoY Change -321.92% -354.12%

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IncreaseDecreaseInContractWithCustomerLiability
65230000 USD
CY2018Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
49824000 USD
CY2019Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-26163000 USD
CY2018Q4 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
143409000 USD
CY2019Q4 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
171441000 USD
CY2018Q4 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
79766000 USD
CY2019Q4 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
321474000 USD
CY2018Q4 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
18662000 USD
CY2019Q4 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2018Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
15149000 USD
CY2019Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-160366000 USD
CY2018Q4 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
29890000 USD
CY2019Q4 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
23973000 USD
CY2018Q4 us-gaap Repayments Of Assumed Debt
RepaymentsOfAssumedDebt
991000 USD
CY2019Q4 us-gaap Repayments Of Assumed Debt
RepaymentsOfAssumedDebt
0 USD
CY2018Q4 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
75000 USD
CY2019Q4 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2018Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
28824000 USD
CY2019Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
23973000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
93797000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-162556000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
307098000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
399520000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
400895000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
236964000 USD
CY2018Q4 us-gaap Restricted Cash
RestrictedCash
1109000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
3144000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
399786000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
233820000 USD
CY2018Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3910000 USD
CY2019Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7779000 USD
CY2018Q4 us-gaap Stock Issued1
StockIssued1
102978000 USD
CY2019Q4 us-gaap Stock Issued1
StockIssued1
0 USD
CY2018Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
15717000 USD
CY2019Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
12200000 USD
CY2018Q4 ntnx Noncash Vestingof Early Exercised Stock Options
NoncashVestingofEarlyExercisedStockOptions
70000 USD
CY2019Q4 ntnx Noncash Vestingof Early Exercised Stock Options
NoncashVestingofEarlyExercisedStockOptions
0 USD
CY2019Q4 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><span style="font-family:Helvetica,sans-serif;font-size:10pt;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:30px;font-size:10pt;"><span style="font-family:Helvetica,sans-serif;font-size:10pt;">The preparation of interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Such management estimates and assumptions include, but are not limited to, the best estimate of selling prices for products and related support; useful lives and recoverability of intangible assets and property and equipment; allowance for doubtful accounts; determination of fair value of stock-based awards; accounting for income taxes, including the valuation allowance on deferred tax assets and uncertain tax positions; warranty liability; purchase commitment liabilities to our contract manufacturers and OEMs; sales commissions expense and the period of benefit for deferred commissions; whether an arrangement is or contains a lease; the incremental borrowing rate to measure the present value of operating right-of-use assets and lease liabilities; and contingencies and litigation. Management evaluates these estimates and assumptions on an ongoing basis using historical experience and other factors and makes adjustments when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could materially differ from those estimates and assumptions.</span></div>
CY2019Q4 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
39533000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
975274000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
172025000 USD
CY2019Q4 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="line-height:120%;padding-bottom:8px;padding-top:10px;text-align:left;font-size:10pt;"><span style="font-family:Helvetica,sans-serif;font-size:10pt;font-weight:bold;">Concentration of Risk</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:10px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Helvetica,sans-serif;font-size:10pt;font-style:italic;">Concentration of revenue and accounts receivable</span><span style="font-family:Helvetica,sans-serif;font-size:10pt;">—We sell our products primarily through our Partners and occasionally directly to end customers. For the </span><span style="font-family:Helvetica,sans-serif;font-size:10pt;">three</span><span style="font-family:Helvetica,sans-serif;font-size:10pt;"> months ended </span><span style="font-family:Helvetica,sans-serif;font-size:10pt;">October 31, 2018</span><span style="font-family:Helvetica,sans-serif;font-size:10pt;"> and </span><span style="font-family:Helvetica,sans-serif;font-size:10pt;">2019</span><span style="font-family:Helvetica,sans-serif;font-size:10pt;">, no end customer accounted for more than 10% of total revenue or accounts receivable. </span></div>
CY2019Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
910044000 USD
CY2019Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
153712000 USD
CY2019Q4 ntnx Contractwith Customer Liability Additions
ContractwithCustomerLiabilityAdditions
187554000 USD
CY2019Q4 ntnx Contractwith Customer Asset Additions
ContractwithCustomerAssetAdditions
57846000 USD
CY2019Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
122324000 USD
CY2018Q4 ntnx Deferred Revenue Revenue Recognized Amount Deferredin Prior Period
DeferredRevenueRevenueRecognizedAmountDeferredinPriorPeriod
78800000 USD
CY2019Q4 ntnx Deferred Revenue Revenue Recognized Amount Deferredin Prior Period
DeferredRevenueRevenueRecognizedAmountDeferredinPriorPeriod
109000000.0 USD
CY2019Q4 ntnx Deferred Revenue Contracted Revenue Not Recognized
DeferredRevenueContractedRevenueNotRecognized
1005600000 USD
CY2019Q4 ntnx Deferred Revenue Contracted Revenue Not Recognized Percent Expectedtobe Recognizedin Next Year
DeferredRevenueContractedRevenueNotRecognizedPercentExpectedtobeRecognizedinNextYear
0.45
CY2019Q4 ntnx Availableforsale Securities Debt Maturities Rolling Year Two Through Three Fair Value
AvailableforsaleSecuritiesDebtMaturitiesRollingYearTwoThroughThreeFairValue
153462000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
502122000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
655584000 USD
CY2019Q3 ntnx Prepaid Operating Expense
PrepaidOperatingExpense
37864000 USD
CY2019Q4 ntnx Prepaid Operating Expense
PrepaidOperatingExpense
33126000 USD
CY2019Q3 us-gaap Tenant Improvements
TenantImprovements
0 USD
CY2019Q4 us-gaap Tenant Improvements
TenantImprovements
7354000 USD
CY2019Q3 ntnx Vat Receivables
VATReceivables
5068000 USD
CY2019Q4 ntnx Vat Receivables
VATReceivables
5644000 USD
CY2019Q3 us-gaap Prepaid Taxes
PrepaidTaxes
19690000 USD
CY2019Q4 us-gaap Prepaid Taxes
PrepaidTaxes
1629000 USD
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
12043000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
13901000 USD
CY2019Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
74665000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
61654000 USD
CY2019Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
18000000.0 USD
CY2019Q4 us-gaap Tenant Improvements
TenantImprovements
7400000 USD
CY2019Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
320131000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
339470000 USD
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
183169000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
199000000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
136962000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
140470000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
92330000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
92330000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
25557000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
29902000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
66773000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
62428000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
13035000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
17380000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
16183000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
10856000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3210000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1764000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
62428000 USD
CY2019Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
35862000 USD
CY2019Q3 us-gaap Accrued Vacation Current
AccruedVacationCurrent
15475000 USD
CY2019Q4 us-gaap Accrued Vacation Current
AccruedVacationCurrent
17429000 USD
CY2019Q3 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
8504000 USD
CY2019Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
10693000 USD
CY2019Q3 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
20778000 USD
CY2019Q3 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
31703000 USD
CY2019Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
10515000 USD
CY2019Q3 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
11413000 USD
CY2019Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
7486000 USD
CY2019Q3 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
11931000 USD
CY2019Q4 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
13033000 USD
CY2019Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
99804000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
95018000 USD
CY2019Q3 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
458910000 USD
CY2019Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
466545000 USD
CY2018Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
11800000 shares
CY2018Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
11800000 shares
CY2018Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
73.46
CY2018Q1 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
88000000.0 USD
CY2018Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
73.46
CY2019Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
8700000 USD
CY2018Q4 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
7200000 USD
CY2018Q1 us-gaap Payments For Hedge Financing Activities
PaymentsForHedgeFinancingActivities
143200000 USD
CY2019Q4 ntnx Net Transaction Costofthe Note Hedgesand Warrants
NetTransactionCostoftheNoteHedgesandWarrants
55200000 USD
CY2019Q4 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
3900000 shares
CY2019Q4 ntnx Share Price Thresholdfor Dilutive Effectof Convertible Debt
SharePriceThresholdforDilutiveEffectofConvertibleDebt
73.46
CY2018Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
73.46
CY2019Q4 ntnx Incremental Common Shares Attributableto Dilutive Effectof Call Optionsand Warrants10 Increasein Share Price
IncrementalCommonSharesAttributabletoDilutiveEffectofCallOptionsandWarrants10IncreaseinSharePrice
4900000 shares
CY2019Q4 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
1400000 shares
CY2019Q4 ntnx Share Price Thresholdfor Dilutive Effectof Warrants
SharePriceThresholdforDilutiveEffectofWarrants
83.46
CY2019Q4 ntnx Operating Lease Rightof Use Asset Gross
OperatingLeaseRightofUseAssetGross
129673000 USD
CY2019Q4 ntnx Operating Lease Rightof Use Asset Accumulated Amortization
OperatingLeaseRightofUseAssetAccumulatedAmortization
6671000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
123002000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
29968000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
118410000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
148378000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y3M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.056
CY2019Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
8750000 USD
CY2019Q4 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12969000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
37903000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
36083000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
27473000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
38901000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
25177000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3227000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
168764000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
20386000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
148378000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
29968000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
118410000 USD
CY2019Q4 ntnx Lessee Operating Lease Lease Not Yet Commenced Undiscounted Amount
LesseeOperatingLeaseLeaseNotYetCommencedUndiscountedAmount
32700000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
39540000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
41909000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
41332000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
40695000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
30240000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
3511000 USD
CY2019Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
197227000 USD
CY2019Q4 ntnx Common Stock Numberof Classesof Stock
CommonStockNumberofClassesofStock
2 class
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.000025
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.000025
CY2019Q4 ntnx Numberof Equity Incentive Plans
NumberofEquityIncentivePlans
3 plan
CY2019Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
500000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
5.35
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
8300000 shares
CY2019Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
5.19
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y4M24D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
198700000 USD
CY2018Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
65925000 USD
CY2019Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
81426000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
720100000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y6M
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3900000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
-94265000 USD
CY2018Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3600000 USD
CY2018Q4 us-gaap Deferred Taxes Business Combination Valuation Allowance Available To Reduce Income Tax Expense
DeferredTaxesBusinessCombinationValuationAllowanceAvailableToReduceIncomeTaxExpense
5900000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
-229300000 USD
CY2018Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
175446000 shares
CY2019Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
189671000 shares
CY2018Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.54
CY2019Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.21
CY2018Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
36277000 shares
CY2019Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
33034000 shares
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
313283000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
314768000 USD

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