2020 Q4 Form 10-Q Financial Statement

#000161873220000144 Filed on December 03, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4
Revenue $312.8M $314.8M
YoY Change -0.64% 0.47%
Cost Of Revenue $67.96M $72.20M
YoY Change -5.88% -2.57%
Gross Profit $244.8M $242.6M
YoY Change 0.92% 1.42%
Gross Profit Margin 78.27% 77.06%
Selling, General & Admin $291.1M $324.7M
YoY Change -10.36% 45.06%
% of Gross Profit 118.9% 133.86%
Research & Development $135.8M $138.2M
YoY Change -1.74% 25.04%
% of Gross Profit 55.48% 56.98%
Depreciation & Amortization $23.50M $22.46M
YoY Change 4.62% 38.8%
% of Gross Profit 9.6% 9.26%
Operating Expenses $426.9M $462.9M
YoY Change -7.78% 38.44%
Operating Profit -$182.1M -$220.3M
YoY Change -17.37% 131.47%
Interest Expense -$8.200M -$7.600M
YoY Change 7.89% 7.04%
% of Operating Profit
Other Income/Expense, Net -$78.73M -$5.040M
YoY Change 1462.14% 86.46%
Pretax Income -$260.8M -$225.4M
YoY Change 15.72% 130.23%
Income Tax $4.200M $3.900M
% Of Pretax Income
Net Earnings -$265.0M -$229.3M
YoY Change 15.59% 143.25%
Net Earnings / Revenue -84.75% -72.85%
Basic Earnings Per Share
Diluted Earnings Per Share -$1.305M -$1.209M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q4 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.318B $889.4M
YoY Change 48.2% -7.83%
Cash & Equivalents $504.5M $233.8M
Short-Term Investments $813.6M $655.6M
Other Short-Term Assets $15.54M $13.90M
YoY Change 11.79% -81.29%
Inventory
Prepaid Expenses
Receivables $183.3M $214.9M
Other Receivables $8.500M $5.600M
Total Short-Term Assets $1.634B $1.218B
YoY Change 34.17% -4.63%
LONG-TERM ASSETS
Property, Plant & Equipment $133.2M $140.5M
YoY Change -5.21% 34.1%
Goodwill $185.3M $185.3M
YoY Change 0.0% 0.14%
Intangibles $45.05M $62.43M
YoY Change -27.84% -21.8%
Long-Term Investments
YoY Change
Other Assets $24.04M $17.26M
YoY Change 39.25% -55.89%
Total Long-Term Assets $681.8M $648.5M
YoY Change 5.13% 30.72%
TOTAL ASSETS
Total Short-Term Assets $1.634B $1.218B
Total Long-Term Assets $681.8M $648.5M
Total Assets $2.316B $1.866B
YoY Change 24.08% 5.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $48.27M $83.38M
YoY Change -42.11% 20.02%
Accrued Expenses $24.56M $17.43M
YoY Change 40.89% -38.94%
Deferred Revenue $549.9M $429.4M
YoY Change 28.06% 39.79%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $779.6M $655.2M
YoY Change 18.98% 39.14%
LONG-TERM LIABILITIES
Long-Term Debt $994.6M $466.5M
YoY Change 113.2% 6.82%
Other Long-Term Liabilities $33.33M $16.83M
YoY Change 98.05% -57.39%
Total Long-Term Liabilities $33.33M $16.83M
YoY Change 98.05% -57.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $779.6M $655.2M
Total Long-Term Liabilities $33.33M $16.83M
Total Liabilities $2.873B $1.803B
YoY Change 59.37% 34.36%
SHAREHOLDERS EQUITY
Retained Earnings -$2.858B -$1.879B
YoY Change 52.14% 67.38%
Common Stock $5.000K $5.000K
YoY Change 0.0% 25.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$557.4M $63.53M
YoY Change
Total Liabilities & Shareholders Equity $2.316B $1.866B
YoY Change 24.08% 5.26%

Cashflow Statement

Concept 2020 Q4 2019 Q4
OPERATING ACTIVITIES
Net Income -$265.0M -$229.3M
YoY Change 15.59% 143.25%
Depreciation, Depletion And Amortization $23.50M $22.46M
YoY Change 4.62% 38.8%
Cash From Operating Activities -$4.073M -$26.16M
YoY Change -84.43% -152.51%
INVESTING ACTIVITIES
Capital Expenditures $12.25M $18.20M
YoY Change -32.69% -38.98%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$416.4M -$142.2M
YoY Change 192.92% -416.05%
Cash From Investing Activities -$428.7M -$160.4M
YoY Change 167.31% -1158.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $125.1M $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 618.3M $23.97M
YoY Change 2479.06% -16.83%
NET CHANGE
Cash From Operating Activities -4.073M -$26.16M
Cash From Investing Activities -428.7M -$160.4M
Cash From Financing Activities 618.3M $23.97M
Net Change In Cash 185.5M -$162.6M
YoY Change -214.13% -273.31%
FREE CASH FLOW
Cash From Operating Activities -$4.073M -$26.16M
Capital Expenditures $12.25M $18.20M
Free Cash Flow -$16.33M -$44.37M
YoY Change -63.2% -321.92%

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65230000 USD
CY2020Q4 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
22194000 USD
CY2019Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-26163000 USD
CY2020Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4073000 USD
CY2019Q4 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
171441000 USD
CY2020Q4 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
97578000 USD
CY2019Q4 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
321474000 USD
CY2020Q4 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
513998000 USD
CY2019Q4 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
7870000 USD
CY2020Q4 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
0 USD
CY2019Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
18203000 USD
CY2020Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12252000 USD
CY2019Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-160366000 USD
CY2020Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-428672000 USD
CY2019Q4 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
23973000 USD
CY2020Q4 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
19600000 USD
CY2019Q4 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
CY2020Q4 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
723757000 USD
CY2019Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2020Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
125079000 USD
CY2019Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
23973000 USD
CY2020Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
618278000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-162556000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
185533000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
399520000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
321991000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
236964000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
507524000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
3144000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
3042000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
233820000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
504482000 USD
CY2019Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7779000 USD
CY2020Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5050000 USD
CY2019Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
12200000 USD
CY2020Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2948000 USD
CY2020Q4 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Helvetica',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Helvetica',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 credit losses; 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 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; the inputs used to determine the fair value of the contingent liability associated with the conversion feature of the convertible senior notes due in 2026; 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><div style="margin-bottom:8pt;margin-top:8pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Helvetica',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In response to the ongoing and rapidly evolving COVID-19 pandemic, we considered the impact of the estimated economic implications on our critical and significant accounting estimates, including assessment of collectibility of customer contracts, valuation of accounts receivable, provision for purchase commitments to our OEMs and impairment of long-lived assets, right-of-use assets, and deferred commissions.</span></div>
CY2020Q4 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentration of RiskConcentration of revenue and accounts receivable—We sell our products primarily through our Partners and occasionally directly to end customers. For the three months ended October 31, 2019 and 2020, no end customer accounted for more than 10% of total revenue or accounts receivable.
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
314768000 USD
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
312754000 USD
CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1183441000 USD
CY2020Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
215528000 USD
CY2020Q4 ntnx Contractwith Customer Liability Additions
ContractwithCustomerLiabilityAdditions
180044000 USD
CY2020Q4 ntnx Contractwith Customer Asset Additions
ContractwithCustomerAssetAdditions
67630000 USD
CY2020Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
-157002000 USD
CY2020Q4 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
-39400000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1206483000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
243758000 USD
CY2019Q4 ntnx Deferred Revenue Revenue Recognized Amount Deferredin Prior Period
DeferredRevenueRevenueRecognizedAmountDeferredinPriorPeriod
109000000.0 USD
CY2020Q4 ntnx Deferred Revenue Revenue Recognized Amount Deferredin Prior Period
DeferredRevenueRevenueRecognizedAmountDeferredinPriorPeriod
142700000 USD
CY2020Q4 ntnx Deferred Revenue Contracted Revenue Not Recognized
DeferredRevenueContractedRevenueNotRecognized
1247200000 USD
CY2020Q4 ntnx Deferred Revenue Contracted Revenue Not Recognized Percent Expectedtobe Recognizedin Next Year
DeferredRevenueContractedRevenueNotRecognizedPercentExpectedtobeRecognizedinNextYear
0.46
CY2020Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
230910000 USD
CY2020Q4 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
64740000 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
295650000 USD
CY2020Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
63032000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
631457000 USD
CY2020Q4 ntnx Availableforsale Securities Debt Maturities Rolling Year Two Through Three Fair Value
AvailableforsaleSecuritiesDebtMaturitiesRollingYearTwoThroughThreeFairValue
182146000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
813603000 USD
CY2020Q3 ntnx Prepaid Operating Expense
PrepaidOperatingExpense
31690000 USD
CY2020Q4 ntnx Prepaid Operating Expense
PrepaidOperatingExpense
32682000 USD
CY2020Q3 ntnx Vat Receivables
VATReceivables
8381000 USD
CY2020Q4 ntnx Vat Receivables
VATReceivables
8497000 USD
CY2020Q3 us-gaap Tenant Improvements
TenantImprovements
8557000 USD
CY2020Q4 us-gaap Tenant Improvements
TenantImprovements
0 USD
CY2020Q3 us-gaap Other Assets Current
OtherAssetsCurrent
14404000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
15540000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
398331000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
56719000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
394397000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
251225000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
265175000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
143172000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
133156000 USD
CY2020 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
1200000 USD
CY2020Q4 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
900000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
92330000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
92330000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
42938000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
47283000 USD
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
49392000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
45047000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
13035000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
16183000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
10856000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3210000 USD
CY2020Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
6666000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1763000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
45047000 USD
CY2020Q3 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
33503000 USD
CY2020Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
39489000 USD
CY2020Q3 us-gaap Accrued Vacation Current
AccruedVacationCurrent
24006000 USD
CY2020Q4 us-gaap Accrued Vacation Current
AccruedVacationCurrent
26022000 USD
CY2020Q3 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
10742000 USD
CY2020Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
13466000 USD
CY2020Q3 ntnx Accrued Benefits Espp Contributions
AccruedBenefitsESPPContributions
16563000 USD
CY2020Q4 ntnx Accrued Benefits Espp Contributions
AccruedBenefitsESPPContributions
10810000 USD
CY2020Q3 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
8426000 USD
CY2020Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
9343000 USD
CY2020Q3 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
5568000 USD
CY2020Q3 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
10301000 USD
CY2020Q4 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
9929000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
109109000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
115725000 USD
CY2020Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
9703000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
8333000 USD
CY2020Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3006000 USD
CY2020Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3528000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
13215000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12702000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
25924000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
24563000 USD
CY2019Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
8700000 USD
CY2020Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
10400000 USD
CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
3000000.0 USD
CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
3000000.0 USD
CY2020 ntnx Operating Lease Rightof Use Asset Impairment Loss
OperatingLeaseRightofUseAssetImpairmentLoss
1800000 USD
CY2020 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
1200000 USD
CY2020Q4 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
2800000 USD
CY2020Q4 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
2800000 USD
CY2020Q4 ntnx Operating Lease Rightof Use Asset Impairment Loss
OperatingLeaseRightofUseAssetImpairmentLoss
1900000 USD
CY2020Q4 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
900000 USD
CY2020Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
9976000 USD
CY2019Q4 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12969000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
36153000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
47715000 USD
CY2020Q4 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9918000 USD
CY2020Q4 ntnx Operating Lease Rightof Use Asset Gross
OperatingLeaseRightofUseAssetGross
166922000 USD
CY2020Q4 ntnx Operating Lease Rightof Use Asset Accumulated Impairment
OperatingLeaseRightofUseAssetAccumulatedImpairment
2382000 USD
CY2020Q4 ntnx Operating Lease Rightof Use Asset Accumulated Amortization
OperatingLeaseRightofUseAssetAccumulatedAmortization
37998000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
126542000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
41080000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
113491000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
154571000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y7M6D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.053
CY2019Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
8750000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
46281000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
31828000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6174000 USD
CY2020Q4 ntnx Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
3798000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
171949000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
17378000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
154571000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
41080000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
113491000 USD
CY2020Q4 ntnx Lessee Operating Lease Lease Not Yet Commenced Undiscounted Amount
LesseeOperatingLeaseLeaseNotYetCommencedUndiscountedAmount
5500000 USD
CY2020Q4 ntnx Common Stock Numberof Classesof Stock
CommonStockNumberofClassesofStock
2 class
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.000025
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.000025
CY2020Q4 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
5200000 shares
CY2020Q4 ntnx Numberof Equity Incentive Plans
NumberofEquityIncentivePlans
3 plan
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
22632000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
3454000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
24.02
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
2819000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
31.23
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
806000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
34.00
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
31.50
CY2020Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
300000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
5.48
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7200000 shares
CY2020Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
5.08
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y4M24D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
139600000 USD
CY2019Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
81426000 USD
CY2020Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
89198000 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
656900000 USD
CY2020Q4 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
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4200000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
-229300000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-265048000 USD
CY2019Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
189671000 shares
CY2020Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
203095000 shares
CY2019Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.21
CY2020Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.31
CY2019Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
33034000 shares
CY2020Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
32786000 shares
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
314768000 USD
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
312754000 USD

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