2023 Q2 Form 10-Q Financial Statement

#000101385723000075 Filed on April 26, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $298.3M $325.5M
YoY Change 8.72% -13.51%
Cost Of Revenue $96.14M $97.93M
YoY Change 1.08% 11.04%
Gross Profit $202.1M $227.5M
YoY Change 12.78% -21.02%
Gross Profit Margin 67.77% 69.91%
Selling, General & Admin $152.2M $172.9M
YoY Change -19.85% -12.67%
% of Gross Profit 75.31% 75.99%
Research & Development $73.93M $75.38M
YoY Change -0.55% 5.44%
% of Gross Profit 36.58% 33.13%
Depreciation & Amortization $4.829M $4.724M
YoY Change 20.6% 13.26%
% of Gross Profit 2.39% 2.08%
Operating Expenses $241.3M $249.7M
YoY Change -8.71% -7.33%
Operating Profit -$39.12M -$22.21M
YoY Change -53.99% -219.26%
Interest Expense -$2.581M $1.918M
YoY Change -232.77% -1.44%
% of Operating Profit
Other Income/Expense, Net $5.029M $6.583M
YoY Change 32.87% 140.17%
Pretax Income -$40.20M -$15.53M
YoY Change -59.85% 92.57%
Income Tax $6.601M $5.249M
% Of Pretax Income
Net Earnings -$46.80M -$20.77M
YoY Change -83.65% 5381.27%
Net Earnings / Revenue -15.69% -6.38%
Basic Earnings Per Share -$0.56 -$0.25
Diluted Earnings Per Share -$0.56 -$0.25
COMMON SHARES
Basic Shares Outstanding 82.96M shares 82.47M shares
Diluted Shares Outstanding 83.04M shares 82.60M shares

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $312.8M $323.9M
YoY Change 5.36% -2.5%
Cash & Equivalents $186.9M $168.3M
Short-Term Investments $125.9M $155.6M
Other Short-Term Assets $43.29M $73.98M
YoY Change -38.71% -0.57%
Inventory
Prepaid Expenses
Receivables $360.0M $201.6M
Other Receivables $21.38M $22.34M
Total Short-Term Assets $737.5M $795.7M
YoY Change -0.36% -1.01%
LONG-TERM ASSETS
Property, Plant & Equipment $122.5M $55.78M
YoY Change 251.25% 95.0%
Goodwill $81.59M $81.43M
YoY Change -0.15% -0.73%
Intangibles
YoY Change
Long-Term Investments $13.38M $16.27M
YoY Change
Other Assets $135.7M $325.0M
YoY Change -57.65% -37.1%
Total Long-Term Assets $454.9M $486.1M
YoY Change -12.21% -33.83%
TOTAL ASSETS
Total Short-Term Assets $737.5M $795.7M
Total Long-Term Assets $454.9M $486.1M
Total Assets $1.192B $1.282B
YoY Change -5.24% -16.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.438M $12.57M
YoY Change -60.69% -32.55%
Accrued Expenses $138.8M $45.43M
YoY Change 119.97% -28.34%
Deferred Revenue $311.3M $342.6M
YoY Change 15.68% 17.78%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $461.1M $475.0M
YoY Change 5.89% 9.18%
LONG-TERM LIABILITIES
Long-Term Debt $498.1M $561.7M
YoY Change -15.88% -5.04%
Other Long-Term Liabilities $87.79M $14.64M
YoY Change 584.74% -0.1%
Total Long-Term Liabilities $585.9M $14.64M
YoY Change 4470.08% -0.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $461.1M $475.0M
Total Long-Term Liabilities $585.9M $14.64M
Total Liabilities $1.047B $1.127B
YoY Change -6.9% -0.39%
SHAREHOLDERS EQUITY
Retained Earnings -$144.1M -$97.29M
YoY Change 851.72% -135.56%
Common Stock $310.8M $273.3M
YoY Change 81.71% 91.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $145.4M $154.5M
YoY Change
Total Liabilities & Shareholders Equity $1.192B $1.282B
YoY Change -5.24% -16.68%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income -$46.80M -$20.77M
YoY Change -83.65% 5381.27%
Depreciation, Depletion And Amortization $4.829M $4.724M
YoY Change 20.6% 13.26%
Cash From Operating Activities $45.64M $68.11M
YoY Change -326.13% 350.56%
INVESTING ACTIVITIES
Capital Expenditures $2.446M $11.49M
YoY Change -146.98% 72.56%
Acquisitions
YoY Change
Other Investing Activities $32.84M -$2.926M
YoY Change 236.28% -608.87%
Cash From Investing Activities $30.39M -$14.41M
YoY Change 566.64% 136.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -57.62M -$29.37M
YoY Change 992.66% -18.22%
NET CHANGE
Cash From Operating Activities 45.64M $68.11M
Cash From Investing Activities 30.39M -$14.41M
Cash From Financing Activities -57.62M -$29.37M
Net Change In Cash 18.42M $25.10M
YoY Change -188.14% -192.31%
FREE CASH FLOW
Cash From Operating Activities $45.64M $68.11M
Capital Expenditures $2.446M $11.49M
Free Cash Flow $43.20M $56.62M
YoY Change -388.4% 569.35%

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CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-20774000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-379000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
42557000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
28227000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-126000 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-9295000 usd
CY2023Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
3206000 usd
CY2022Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-30560000 usd
CY2023Q1 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
14277000 usd
CY2022Q1 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
17221000 usd
CY2023Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
4594000 usd
CY2022Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
3919000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4724000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4171000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2675000 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2876000 usd
CY2023Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
5729000 usd
CY2022Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1100000 usd
CY2023Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-29115000 usd
CY2022Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
55332000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
68107000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15116000 usd
CY2023Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
39401000 usd
CY2022Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
33690000 usd
CY2023Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
36475000 usd
CY2022Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
20915000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
CY2022Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
13350000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11487000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6657000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14413000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6082000 usd
CY2023Q1 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
29901000 usd
CY2022Q1 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
CY2023Q1 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
188000 usd
CY2022Q1 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
0 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2474000 usd
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2454000 usd
CY2023Q1 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
2143000 usd
CY2022Q1 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
2446000 usd
CY2023Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1779000 usd
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1107000 usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
35910000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-29372000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-35918000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
782000 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-310000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
25104000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-27194000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
145054000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
159965000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
170158000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
132771000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
168318000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
132771000 usd
CY2023Q1 us-gaap Restricted Cash And Investments
RestrictedCashAndInvestments
1840000 usd
CY2022Q1 us-gaap Restricted Cash And Investments
RestrictedCashAndInvestments
0 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
170158000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
132771000 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
157269000 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
8000 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1713000 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
155564000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
154866000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2699000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
152167000 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Term
DebtSecuritiesAvailableForSaleTerm
P0Y6M
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
201585000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
255150000 usd
CY2023Q1 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
196279000 usd
CY2022Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
213719000 usd
CY2023Q1 pega Unbilled Receivables Non Current
UnbilledReceivablesNonCurrent
79704000 usd
CY2022Q4 pega Unbilled Receivables Non Current
UnbilledReceivablesNonCurrent
95806000 usd
CY2023Q1 pega Accounts Receivable And Unbilled Receivable
AccountsReceivableAndUnbilledReceivable
477568000 usd
CY2022Q4 pega Accounts Receivable And Unbilled Receivable
AccountsReceivableAndUnbilledReceivable
564675000 usd
CY2023Q1 pega Unbilled Receivables Not Billable At Balance Sheet Date Amount Expected To Be Collected Within Year One Or Less
UnbilledReceivablesNotBillableAtBalanceSheetDateAmountExpectedToBeCollectedWithinYearOneOrLess
196279000 usd
CY2023Q1 pega Unbilled Receivables Not Billable At Balance Sheet Date Expected Percentage To Be Collected Within One Year
UnbilledReceivablesNotBillableAtBalanceSheetDateExpectedPercentageToBeCollectedWithinOneYear
0.71
CY2023Q1 pega Unbilled Receivables Not Billable At Balance Sheet Date Amount Expected To Be Collected Within Year One And Two
UnbilledReceivablesNotBillableAtBalanceSheetDateAmountExpectedToBeCollectedWithinYearOneAndTwo
64812000 usd
CY2023Q1 pega Unbilled Receivables Not Billable At Balance Sheet Date Expected Percentage To Be Collected Within Year One And Two
UnbilledReceivablesNotBillableAtBalanceSheetDateExpectedPercentageToBeCollectedWithinYearOneAndTwo
0.24
CY2023Q1 pega Unbilled Receivables Not Billable At Balance Sheet Date Amount Expected To Be Collected Within Year Two And Five
UnbilledReceivablesNotBillableAtBalanceSheetDateAmountExpectedToBeCollectedWithinYearTwoAndFive
14892000 usd
CY2023Q1 pega Unbilled Receivables Not Billable At Balance Sheet Date Expected Percentage To Be Collected Within Year Two And Five
UnbilledReceivablesNotBillableAtBalanceSheetDateExpectedPercentageToBeCollectedWithinYearTwoAndFive
0.05
CY2023Q1 pega Unbilled Receivables Current And Non Current
UnbilledReceivablesCurrentAndNonCurrent
275983000 usd
CY2023Q1 pega Unbilled Receivables Current And Non Current Percentage
UnbilledReceivablesCurrentAndNonCurrentPercentage
1
CY2023Q1 pega Unbilled Receivables Not Billable Contract Date Remainder Of Fiscal Year
UnbilledReceivablesNotBillableContractDateRemainderOfFiscalYear
51895000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
25786000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
34016000 usd
CY2023Q1 pega Percentage Of Unbilled Receivables Not Billable Amount Expected To Be Collected In Remainder Of Fiscal Year
PercentageOfUnbilledReceivablesNotBillableAmountExpectedToBeCollectedInRemainderOfFiscalYear
0.19
CY2023Q1 pega Unbilled Receivables Not Billable Contract Date Year One
UnbilledReceivablesNotBillableContractDateYearOne
96349000 usd
CY2023Q1 pega Percentage Of Unbilled Receivables Not Billable Contract Date Year One
PercentageOfUnbilledReceivablesNotBillableContractDateYearOne
0.34
CY2023Q1 pega Unbilled Receivables Not Billable Contract Date Year Two
UnbilledReceivablesNotBillableContractDateYearTwo
87278000 usd
CY2023Q1 pega Percentage Of Unbilled Receivables Not Billable Contract Date Year Two
PercentageOfUnbilledReceivablesNotBillableContractDateYearTwo
0.32
CY2023Q1 pega Unbilled Receivables Not Billable Contract Date Year Three
UnbilledReceivablesNotBillableContractDateYearThree
27755000 usd
CY2023Q1 pega Percentage Of Unbilled Receivables Not Billable Contract Date Year Three
PercentageOfUnbilledReceivablesNotBillableContractDateYearThree
0.10
CY2023Q1 pega Unbilled Receivables Not Billable Contract Date Year Four And Prior
UnbilledReceivablesNotBillableContractDateYearFourAndPrior
12706000 usd
CY2023Q1 pega Percentage Of Unbilled Receivables Not Billable Contract Date Year Four And Prior
PercentageOfUnbilledReceivablesNotBillableContractDateYearFourAndPrior
0.05
CY2023Q1 pega Unbilled Revenue Total
UnbilledRevenueTotal
275983000 usd
CY2023Q1 pega Total Percentage Of Unbilled Revenue
TotalPercentageOfUnbilledRevenue
1
CY2023Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
14463000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
17546000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
11323000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
16470000 usd
CY2023Q1 us-gaap Deferred Credits And Other Liabilities Current
DeferredCreditsAndOtherLiabilitiesCurrent
342591000 usd
CY2022Q4 us-gaap Deferred Credits And Other Liabilities Current
DeferredCreditsAndOtherLiabilitiesCurrent
325212000 usd
CY2023Q1 us-gaap Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
3323000 usd
CY2022Q4 us-gaap Deferred Credits And Other Liabilities Noncurrent
DeferredCreditsAndOtherLiabilitiesNoncurrent
3552000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
345914000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
328764000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
139700000 usd
CY2023Q1 us-gaap Deferred Costs
DeferredCosts
124069000 usd
CY2022Q4 us-gaap Deferred Costs
DeferredCosts
130195000 usd
CY2023Q1 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
14277000 usd
CY2022Q1 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
17221000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
81399000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
81923000 usd
CY2023Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
35000 usd
CY2022Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
108000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
81434000 usd
CY2022Q1 us-gaap Goodwill
Goodwill
82031000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
136540000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
126679000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9861000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
136493000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
125605000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
10888000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2884000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3163000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2613000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
874000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
327000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9861000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1049000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
972000 usd
CY2023Q1 us-gaap Income Tax Receivable
IncomeTaxReceivable
22344000 usd
CY2022Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
25354000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
14463000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
17546000 usd
CY2023Q1 pega Other Current Assets
OtherCurrentAssets
37175000 usd
CY2022Q4 pega Other Current Assets
OtherCurrentAssets
37488000 usd
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
73982000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
80388000 usd
CY2023Q1 us-gaap Deferred Costs
DeferredCosts
124069000 usd
CY2022Q4 us-gaap Deferred Costs
DeferredCosts
130195000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
72549000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
76114000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
55775000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
55056000 usd
CY2023Q1 pega Venture Investments
VentureInvestments
16265000 usd
CY2022Q4 pega Venture Investments
VentureInvestments
13069000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
11323000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
16470000 usd
CY2023Q1 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
9861000 usd
CY2022Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
10888000 usd
CY2023Q1 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
5600000 usd
CY2022Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
2582000 usd
CY2023Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
4827000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
4795000 usd
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
1840000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
0 usd
CY2023Q1 pega Other Long Term Assets
OtherLongTermAssets
22866000 usd
CY2022Q4 pega Other Long Term Assets
OtherLongTermAssets
24820000 usd
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
324975000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
333989000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
15314000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14976000 usd
CY2023Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
2488000 usd
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
2474000 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
17802000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
17450000 usd
CY2023Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
3323000 usd
CY2022Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
3552000 usd
CY2023Q1 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
3578000 usd
CY2022Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
3207000 usd
CY2023Q1 pega Other Long Term Liabilities
OtherLongTermLiabilities
7743000 usd
CY2022Q4 pega Other Long Term Liabilities
OtherLongTermLiabilities
8369000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14644000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
15128000 usd
CY2023Q1 pega Operating Lease Cost Recovery
OperatingLeaseCostRecovery
5766000 usd
CY2022Q1 pega Operating Lease Cost Recovery
OperatingLeaseCostRecovery
5093000 usd
CY2023Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
781000 usd
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
806000 usd
CY2023Q1 us-gaap Variable Lease Cost
VariableLeaseCost
1975000 usd
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
764000 usd
CY2023Q1 pega Lease Cost Recovery
LeaseCostRecovery
8522000 usd
CY2022Q1 pega Lease Cost Recovery
LeaseCostRecovery
6663000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
72549000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
76114000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
15314000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14976000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
76082000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
79152000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y3M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y6M
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
14003000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
17642000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14562000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
10917000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
9863000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
9290000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
30090000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
106367000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
14971000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
91396000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
5038000 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
3650000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
721000 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3854000 usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
2800000 usd
CY2023Q1 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
33000000 usd
CY2020Q1 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1
CY2020Q1 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
4400000 shares
CY2023Q1 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
200000 shares
CY2023Q1 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
200000 usd
CY2023Q1 pega Debt Conversion Converted Instrument Shares Outstanding
DebtConversionConvertedInstrumentSharesOutstanding
4200000 shares
CY2020Q1 us-gaap Derivative Cap Price
DerivativeCapPrice
196.44
CY2022Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
0 usd
CY2023Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
0 usd
CY2023Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
27300000 usd
CY2022Q4 us-gaap Restructuring Charges
RestructuringCharges
21700000 usd
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
18573000 usd
CY2023Q1 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
220000 usd
CY2023Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
14458000 usd
CY2023Q1 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
181000 usd
CY2023Q1 us-gaap Restructuring Reserve
RestructuringReserve
4516000 usd
CY2023Q1 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
1200000 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
155564000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
152167000 usd
CY2023Q1 us-gaap Derivative Assets
DerivativeAssets
5600000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
2582000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
376307000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
325472000 usd
CY2023Q1 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
507800000 usd
CY2022Q4 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
521100000 usd
CY2023Q1 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
33000000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
325472000 usd
CY2023Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
376307000 usd
CY2022Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
325472000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
376307000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
706758000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.54
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
317620000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.24
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
169449000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.13
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
114257000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.09
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1308084000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
1
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
654211000 usd
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.55
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
304316000 usd
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.26
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
148323000 usd
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.13
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
69487000 usd
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.06
CY2022Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1176337000 usd
CY2022Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
1
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
42557000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
28227000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
672000 usd
CY2022Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5311000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
178600000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5249000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7683000 usd
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.34
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.95
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-20774000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-379000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82604000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
81680000 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-20774000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-379000 usd
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82604000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81680000 shares
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1348000 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4178000 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
4200000 shares
CY2023Q1 pega Debt Conversion Converted Instrument Shares Outstanding
DebtConversionConvertedInstrumentSharesOutstanding
4200000 shares
CY2023Q1 us-gaap Derivative Cap Price
DerivativeCapPrice
196.44

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