2023 Q4 Form 10-K Financial Statement

#000150629324000018 Filed on February 08, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022
Revenue $981.3M $3.055B $2.803B
YoY Change 11.86% 9.01% 8.71%
Cost Of Revenue $178.1M $688.8M $678.6M
YoY Change -3.75% 1.5% 28.2%
Gross Profit $803.2M $2.366B $2.124B
YoY Change 16.03% 11.41% 3.67%
Gross Profit Margin 81.85% 77.46% 75.79%
Selling, General & Admin $338.9M $1.424B $1.277B
YoY Change -17.33% 11.51% 35.49%
% of Gross Profit 42.2% 60.16% 60.11%
Research & Development $268.0M $1.068B $949.0M
YoY Change 1.03% 12.59% 21.62%
% of Gross Profit 33.37% 45.15% 44.68%
Depreciation & Amortization $5.309M $21.51M $46.49M
YoY Change -72.92% -53.73% 69.05%
% of Gross Profit 0.66% 0.91% 2.19%
Operating Expenses $606.9M $2.492B $2.226B
YoY Change -10.11% 11.97% 29.21%
Operating Profit $196.3M -$125.7M -$101.7M
YoY Change 1056.59% 23.61% -131.17%
Interest Expense $28.96M $105.4M $15.73M
YoY Change 26.43% 570.18% -401.63%
% of Operating Profit 14.76%
Other Income/Expense, Net $5.893M $3.799M -$14.50M
YoY Change -126.2% 74.91%
Pretax Income $231.1M -$16.44M -$85.94M
YoY Change 703.16% -80.87% -126.78%
Income Tax $29.92M $19.17M $10.10M
% Of Pretax Income 12.95%
Net Earnings $201.2M -$35.61M -$96.05M
YoY Change 1050.18% -62.92% -130.35%
Net Earnings / Revenue 20.5% -1.17% -3.43%
Basic Earnings Per Share -$0.05 -$0.14
Diluted Earnings Per Share $0.30 -$0.05 -$0.14
COMMON SHARES
Basic Shares Outstanding 674.6M shares 665.7M shares
Diluted Shares Outstanding 674.6M shares 665.7M shares

Balance Sheet

Concept 2023 Q4 2023 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.511B $2.511B $2.698B
YoY Change -6.94% -6.94% 8.79%
Cash & Equivalents $1.362B $1.141B $1.137B
Short-Term Investments $1.149B $1.149B $1.087B
Other Short-Term Assets $64.32M $64.32M $74.92M
YoY Change -14.15% -14.15% 55.79%
Inventory
Prepaid Expenses
Receivables $763.2M $763.2M $681.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.339B $3.339B $3.455B
YoY Change -3.36% -3.36% 8.58%
LONG-TERM ASSETS
Property, Plant & Equipment $32.23M $124.3M $265.8M
YoY Change -45.91% -53.22% -5.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $14.04M $14.04M $17.40M
YoY Change -19.32% -19.32% 31.37%
Total Long-Term Assets $255.8M $255.8M $408.1M
YoY Change -37.3% -37.3% 14.73%
TOTAL ASSETS
Total Short-Term Assets $3.339B $3.339B $3.455B
Total Long-Term Assets $255.8M $255.8M $408.1M
Total Assets $3.594B $3.594B $3.863B
YoY Change -6.95% -6.95% 9.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $79.06M $79.06M $87.92M
YoY Change -10.08% -10.08% 397.43%
Accrued Expenses $238.0M $238.0M $292.6M
YoY Change -18.65% -18.65% 20.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $317.1M $317.1M $380.5M
YoY Change -16.67% -16.67% 46.47%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $26.02M $186.6M $200.5M
YoY Change 19.07% -6.94% -15.98%
Total Long-Term Liabilities $26.02M $186.6M $200.5M
YoY Change 19.07% -6.94% -15.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $317.1M $317.1M $380.5M
Total Long-Term Liabilities $26.02M $186.6M $200.5M
Total Liabilities $503.7M $503.7M $581.1M
YoY Change -13.31% -13.31% 16.57%
SHAREHOLDERS EQUITY
Retained Earnings -$2.150B
YoY Change 1.68%
Common Stock $7.000K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.091B $3.091B $3.282B
YoY Change
Total Liabilities & Shareholders Equity $3.594B $3.594B $3.863B
YoY Change -6.95% -6.95% 9.2%

Cashflow Statement

Concept 2023 Q4 2023 2022
OPERATING ACTIVITIES
Net Income $201.2M -$35.61M -$96.05M
YoY Change 1050.18% -62.92% -130.35%
Depreciation, Depletion And Amortization $5.309M $21.51M $46.49M
YoY Change -72.92% -53.73% 69.05%
Cash From Operating Activities $258.3M $613.0M $469.2M
YoY Change 343.06% 30.64% -37.68%
INVESTING ACTIVITIES
Capital Expenditures $4.263M $8.063M $28.98M
YoY Change 304.84% -72.18% -420.94%
Acquisitions $0.00 $86.06M
YoY Change -100.0% 133.13%
Other Investing Activities $25.97M -$28.93M $0.00
YoY Change -139.93%
Cash From Investing Activities $21.71M -$36.99M -$128.2M
YoY Change -132.84% -71.15% 395.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $500.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -87.46M -$826.8M -$148.9M
YoY Change 57.94% 455.15% -771.99%
NET CHANGE
Cash From Operating Activities 258.3M $613.0M $469.2M
Cash From Investing Activities 21.71M -$36.99M -$128.2M
Cash From Financing Activities -87.46M -$826.8M -$148.9M
Net Change In Cash 192.5M -$249.1M $190.6M
YoY Change -404.68% -230.71% -74.52%
FREE CASH FLOW
Cash From Operating Activities $258.3M $613.0M $469.2M
Capital Expenditures $4.263M $8.063M $28.98M
Free Cash Flow $254.0M $604.9M $440.2M
YoY Change 343.77% 37.41% -42.22%

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CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
88862000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-18102000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
30214000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
14727000 usd
CY2023 pins Increase Decrease In Operating Lease Right Of Use Assets
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
-55324000 usd
CY2022 pins Increase Decrease In Operating Lease Right Of Use Assets
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
-56024000 usd
CY2021 pins Increase Decrease In Operating Lease Right Of Use Assets
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
-43995000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-9261000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
70777000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-33451000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-43544000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
20627000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
82435000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-66507000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-52832000 usd
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-50710000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
612961000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
469202000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
752907000 usd
CY2023 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
8063000 usd
CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
28984000 usd
CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
9031000 usd
CY2023 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1308020000 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1028480000 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1104087000 usd
CY2023 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
35850000 usd
CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
7417000 usd
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
274654000 usd
CY2023 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1243240000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1007861000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
849520000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
86059000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
36914000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-36993000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-128245000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25858000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8256000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12882000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
23912000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
500000000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
335019000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
161809000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1750000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-826763000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-148927000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
22162000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1667000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1434000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1058000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-249128000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
190596000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
748153000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1617660000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1427064000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
678911000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1368532000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1617660000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1427064000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
19173000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10008000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1494000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
32784000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
31515000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
118977000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1361936000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1611063000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1419630000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
2542000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1067000 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1137000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
4054000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
5530000 usd
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
6297000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1368532000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1617660000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1427064000 usd
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:6pt;margin-top:13pt"><span style="color:#000000;font-family:'Lato',sans-serif;font-size:13pt;font-weight:700;line-height:120%">Reclassifications </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Lato',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">We have reclassified certain amounts in prior periods to conform with current presentation.</span></div>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:13pt"><span style="color:#000000;font-family:'Lato',sans-serif;font-size:13pt;font-weight:700;line-height:120%">Use of estimates</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Lato',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">Preparing our consolidated financial statements in conformity with GAAP requires us to make estimates and judgments that affect amounts reported in the consolidated financial statements and accompanying notes. We base these estimates and judgments on historical experience and various other assumptions that we consider reasonable. GAAP requires us to make estimates and assumptions in several areas, including the fair values of financial instruments, assets acquired and liabilities assumed through business combinations, share-based awards, and contingencies as well as the collectability of our accounts receivable, the useful lives of our intangible assets and property and equipment, the incremental borrowing rate we use to determine our operating lease liabilities, and revenue recognition, among others. Actual results could differ materially from these estimates and judgments.</span></div>
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
15300000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
13200000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
P4Y
CY2023 us-gaap Advertising Expense
AdvertisingExpense
145600000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
139700000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
94700000 usd
CY2023Q4 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y
CY2023 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
117300000 usd
CY2022Q4 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
9400000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:6pt;margin-top:13pt"><span style="color:#000000;font-family:'Lato',sans-serif;font-size:13pt;font-weight:700;line-height:120%">Concentration of credit risk</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Lato',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">Financial instruments that may potentially expose us to concentrations of credit risk primarily consist of cash, cash equivalents, marketable securities and restricted cash. Our investment policy is meant to preserve capital and maintain liquidity. The policy limits our marketable investments to investment-grade securities and limits our credit exposure by limiting our concentration in any one corporate issuer or sector and by establishing a minimum credit rating for marketable investments we purchase. Although we deposit cash and marketable investments with multiple financial institutions, our deposits may exceed insurable limits.</span></div>
CY2023Q4 pins Cash And Cash Equivalents Amortized Cost
CashAndCashEquivalentsAmortizedCost
1361980000 usd
CY2023Q4 pins Cash And Cash Equivalents Accumulated Gross Unrealized Gain Before Tax
CashAndCashEquivalentsAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2023Q4 pins Cash And Cash Equivalents Accumulated Gross Unrealized Loss Before Tax
CashAndCashEquivalentsAccumulatedGrossUnrealizedLossBeforeTax
44000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
1361936000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1149425000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1896000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2173000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1149148000 usd
CY2023Q4 pins Cash Cash Equivalents And Debt Securities Available For Sale Amortized Cost
CashCashEquivalentsAndDebtSecuritiesAvailableForSaleAmortizedCost
2511405000 usd
CY2023Q4 pins Cash Cash Equivalents And Debt Securities Available For Sale Gross Unrealized Gain
CashCashEquivalentsAndDebtSecuritiesAvailableForSaleGrossUnrealizedGain
1896000 usd
CY2023Q4 pins Cash Cash Equivalents And Debt Securities Available For Sale Gross Unrealized Loss
CashCashEquivalentsAndDebtSecuritiesAvailableForSaleGrossUnrealizedLoss
2217000 usd
CY2023Q4 pins Cash Cash Equivalents And Debt Securities Available For Sale Fair Value
CashCashEquivalentsAndDebtSecuritiesAvailableForSaleFairValue
2511084000 usd
CY2022Q4 pins Cash And Cash Equivalents Amortized Cost
CashAndCashEquivalentsAmortizedCost
1611082000 usd
CY2022Q4 pins Cash And Cash Equivalents Accumulated Gross Unrealized Gain Before Tax
CashAndCashEquivalentsAccumulatedGrossUnrealizedGainBeforeTax
2000 usd
CY2022Q4 pins Cash And Cash Equivalents Accumulated Gross Unrealized Loss Before Tax
CashAndCashEquivalentsAccumulatedGrossUnrealizedLossBeforeTax
21000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
1611063000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1097467000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
380000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
10683000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1087164000 usd
CY2022Q4 pins Cash Cash Equivalents And Debt Securities Available For Sale Amortized Cost
CashCashEquivalentsAndDebtSecuritiesAvailableForSaleAmortizedCost
2708549000 usd
CY2022Q4 pins Cash Cash Equivalents And Debt Securities Available For Sale Gross Unrealized Gain
CashCashEquivalentsAndDebtSecuritiesAvailableForSaleGrossUnrealizedGain
382000 usd
CY2022Q4 pins Cash Cash Equivalents And Debt Securities Available For Sale Gross Unrealized Loss
CashCashEquivalentsAndDebtSecuritiesAvailableForSaleGrossUnrealizedLoss
10704000 usd
CY2022Q4 pins Cash Cash Equivalents And Debt Securities Available For Sale Fair Value
CashCashEquivalentsAndDebtSecuritiesAvailableForSaleFairValue
2698227000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
835925000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
313223000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1149148000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
90116000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
116291000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
32225000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
59575000 usd
CY2023 us-gaap Depreciation
Depreciation
14100000 usd
CY2022 us-gaap Depreciation
Depreciation
21600000 usd
CY2021 us-gaap Depreciation
Depreciation
26200000 usd
CY2023Q4 pins Accrued Hosting Expenses Current
AccruedHostingExpensesCurrent
53262000 usd
CY2022Q4 pins Accrued Hosting Expenses Current
AccruedHostingExpensesCurrent
53380000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
48924000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
48146000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
35666000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
50274000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
100180000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
140811000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
238032000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
292611000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
60000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
57607000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
40372000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17235000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
57607000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
33012000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
24595000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7400000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24900000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
7359000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5464000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3424000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
476000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
434000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
78000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17235000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
0 usd
CY2023Q4 pins Lessee Operating Lease And Short Term Lease Liability Payments Due Year One
LesseeOperatingLeaseAndShortTermLeaseLiabilityPaymentsDueYearOne
42906000 usd
CY2023Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
42906000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
33197000 usd
CY2023Q4 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
33197000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
31542000 usd
CY2023Q4 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
31542000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
27919000 usd
CY2023Q4 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
27919000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
22172000 usd
CY2023Q4 us-gaap Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
22172000 usd
CY2023Q4 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
1754553000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
83233000 usd
CY2023Q4 us-gaap Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
1837786000 usd
CY2023Q4 us-gaap Purchase Obligation
PurchaseObligation
1754553000 usd
CY2023Q4 pins Lessee Operating Lease And Short Term Lease Liability Payments Due
LesseeOperatingLeaseAndShortTermLeaseLiabilityPaymentsDue
240969000 usd
CY2023Q4 us-gaap Contractual Obligation
ContractualObligation
1995522000 usd
CY2021Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
3250000000 usd
CY2023Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
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