2022 Q2 Form 10-Q Financial Statement

#000136656122000081 Filed on June 07, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q2
Revenue $168.3M $157.4M $117.1M
YoY Change 43.75% 43.21% 36.96%
Cost Of Revenue $37.16M $33.02M $26.57M
YoY Change 39.84% 35.33% 44.09%
Gross Profit $131.2M $124.4M $90.51M
YoY Change 44.9% 45.46% 35.0%
Gross Profit Margin 77.92% 79.02% 77.3%
Selling, General & Admin $148.4M $115.3M $92.40M
YoY Change 60.65% 40.07% 32.22%
% of Gross Profit 113.18% 92.69% 102.08%
Research & Development $52.52M $48.74M $36.47M
YoY Change 43.99% 50.89% 40.33%
% of Gross Profit 40.04% 39.19% 40.3%
Depreciation & Amortization $6.078M $14.10M $4.792M
YoY Change 26.84% 191.95% 60.37%
% of Gross Profit 4.63% 11.34% 5.29%
Operating Expenses $201.0M $176.5M $128.9M
YoY Change 55.93% 54.16% 34.42%
Operating Profit -$69.80M -$52.15M -$38.36M
YoY Change 81.96% 79.81% 33.09%
Interest Expense $388.0K $13.00K $11.00K
YoY Change 3427.27% -99.15%
% of Operating Profit
Other Income/Expense, Net -$828.0K -$925.0K $1.327M
YoY Change -162.4% -331.25% -720.09%
Pretax Income -$70.24M -$53.06M -$37.02M
YoY Change 89.73% 85.51% 33.6%
Income Tax $200.0K $82.00K $49.00K
% Of Pretax Income
Net Earnings -$70.46M -$53.14M -$37.07M
YoY Change 90.05% 85.15% 33.43%
Net Earnings / Revenue -41.86% -33.76% -31.66%
Basic Earnings Per Share -$0.55 -$0.30
Diluted Earnings Per Share -$0.55 -$418.2K -$0.30
COMMON SHARES
Basic Shares Outstanding 128.5M shares 128.6M shares 124.1M shares
Diluted Shares Outstanding 128.5M shares 124.1M shares

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $446.7M $449.1M $439.7M
YoY Change 1.59% 1.55% -19.21%
Cash & Equivalents $239.7M $449.1M $439.7M
Short-Term Investments $207.0M
Other Short-Term Assets $46.01M $34.39M $17.45M
YoY Change 163.6% 154.74% 74.54%
Inventory
Prepaid Expenses
Receivables $119.5M $151.1M $89.31M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $612.1M $634.6M $546.4M
YoY Change 12.03% 13.65% -9.48%
LONG-TERM ASSETS
Property, Plant & Equipment $37.79M $36.84M $32.39M
YoY Change 16.67% 28.74% 19.72%
Goodwill $125.6M $125.6M $125.6M
YoY Change 0.0% 0.0% 661.38%
Intangibles $41.61M $44.10M $51.62M
YoY Change -19.39% -18.55% 260.81%
Long-Term Investments
YoY Change
Other Assets $2.930M $3.194M $3.167M
YoY Change -7.48% -6.93% 21.16%
Total Long-Term Assets $369.8M $368.2M $357.1M
YoY Change 3.57% 4.19% 99.5%
TOTAL ASSETS
Total Short-Term Assets $612.1M $634.6M $546.4M
Total Long-Term Assets $369.8M $368.2M $357.1M
Total Assets $982.0M $1.003B $903.5M
YoY Change 8.69% 9.99% 15.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.366M $1.506M $2.832M
YoY Change 160.1% -47.18% -53.63%
Accrued Expenses $90.05M $103.6M $64.86M
YoY Change 38.82% 26.09% 60.16%
Deferred Revenue $344.7M $332.3M $238.7M
YoY Change 44.39% 49.21% 46.67%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $442.1M $437.4M $306.4M
YoY Change 44.28% 42.15% 44.79%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $58.91M $0.00 $3.904M
YoY Change 1409.07% -100.0% 155.0%
Total Long-Term Liabilities $58.91M $0.00 $3.904M
YoY Change 1409.07% -100.0% 155.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $442.1M $437.4M $306.4M
Total Long-Term Liabilities $58.91M $0.00 $3.904M
Total Liabilities $501.0M $498.1M $380.0M
YoY Change 31.85% 29.41% 39.57%
SHAREHOLDERS EQUITY
Retained Earnings -$613.0M -$542.5M -$408.5M
YoY Change 50.06% 46.06% 43.72%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $481.0M $504.8M $523.5M
YoY Change
Total Liabilities & Shareholders Equity $982.0M $1.003B $903.5M
YoY Change 8.69% 9.99% 15.44%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q2
OPERATING ACTIVITIES
Net Income -$70.46M -$53.14M -$37.07M
YoY Change 90.05% 85.15% 33.43%
Depreciation, Depletion And Amortization $6.078M $14.10M $4.792M
YoY Change 26.84% 191.95% 60.37%
Cash From Operating Activities -$5.053M -$152.0K -$2.961M
YoY Change 70.65% -101.0% -87.81%
INVESTING ACTIVITIES
Capital Expenditures $1.691M -$2.622M $3.220M
YoY Change -47.48% -16.5% 216.31%
Acquisitions
YoY Change
Other Investing Activities -$206.6M $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$210.6M -$2.622M -$5.237M
YoY Change 3920.85% 38.0% -111.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $6.808M 13.11M $5.327M
YoY Change 27.8% 70.08% -0.86%
NET CHANGE
Cash From Operating Activities -$5.053M -152.0K -$2.961M
Cash From Investing Activities -$210.6M -2.622M -$5.237M
Cash From Financing Activities $6.808M 13.11M $5.327M
Net Change In Cash -$209.6M 10.34M -$2.424M
YoY Change 8548.43% -50.79% -108.62%
FREE CASH FLOW
Cash From Operating Activities -$5.053M -$152.0K -$2.961M
Capital Expenditures $1.691M -$2.622M $3.220M
Free Cash Flow -$6.744M $2.470M -$6.181M
YoY Change 9.11% -86.53% -75.57%

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CY2022Q2 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
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CY2021Q2 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
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CY2022Q2 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2021Q2 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2022Q2 smar Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
3867000 USD
CY2021Q2 smar Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
3005000 USD
CY2022Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2021Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022Q2 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
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CY2021Q2 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 USD
CY2022Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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CY2021Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3220000 USD
CY2022Q2 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
622000 USD
CY2021Q2 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2022Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2021Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2022Q2 us-gaap Payments For Software
PaymentsForSoftware
2323000 USD
CY2021Q2 us-gaap Payments For Software
PaymentsForSoftware
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CY2022Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-210572000 USD
CY2021Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1370000 USD
CY2021Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3403000 USD
CY2022Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1366000 USD
CY2021Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2763000 USD
CY2022Q2 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
6804000 USD
CY2021Q2 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
4687000 USD
CY2022Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6808000 USD
CY2021Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5327000 USD
CY2022Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-821000 USD
CY2021Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
447000 USD
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-209638000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
449680000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
240042000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
439924000 USD
CY2022Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
68000 USD
CY2021Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
27000 USD
CY2022Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4464000 USD
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2022Q2 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
789000 USD
CY2021Q2 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1505000 USD
CY2022Q2 smar Share Based Compensation Capitalized Software Development Costs
ShareBasedCompensationCapitalizedSoftwareDevelopmentCosts
748000 USD
CY2021Q2 smar Share Based Compensation Capitalized Software Development Costs
ShareBasedCompensationCapitalizedSoftwareDevelopmentCosts
384000 USD
CY2022Q2 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt;margin-top:6pt;padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of estimates</span></div><div style="margin-bottom:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. The Company bases its estimates on historical experience and on other assumptions that its management believes are reasonable under the circumstances. Actual results could differ from those estimates. The Company’s most significant estimates and judgments involve revenue recognition with respect to the allocation of transaction consideration for the Company’s offerings; determination of the amortization period for capitalized sales commission costs; and the measurement of fair values of share-based compensation award grants, among others.</span></div>
CY2022Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
239683000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
439656000 USD
CY2022Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
343000 USD
CY2021Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
250000 USD
CY2022Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
16000 USD
CY2021Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
18000 USD
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
240042000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
439924000 USD
CY2022Q2 smar Capitalized Software Development Costs For Internal Use Software
CapitalizedSoftwareDevelopmentCostsForInternalUseSoftware
2600000 USD
CY2021Q2 smar Capitalized Software Development Costs For Internal Use Software
CapitalizedSoftwareDevelopmentCostsForInternalUseSoftware
1800000 USD
CY2022Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1900000 USD
CY2021Q2 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1200000 USD
CY2022Q2 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:9pt;margin-top:6pt;padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of risk and significant customers</span></div><div style="margin-bottom:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk are primarily cash, cash equivalents, short-term investments, and accounts receivable. The Company maintains its cash accounts with financial institutions where deposits, at times, exceed the Federal Deposit Insurance Corporation (“FDIC”) limits.</span></div>
CY2022Q2 smar Deferred Sales Commissions Amortization Period
DeferredSalesCommissionsAmortizationPeriod
P3Y
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-70457000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-37072000 USD
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
401000000 USD
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.91
CY2022Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2022Q2 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
94100000 USD
CY2022Q1 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
91300000 USD
CY2022Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
13100000 USD
CY2021Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
9200000 USD
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
128519000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128519000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
124110000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
124110000 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.55
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.55
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.30
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.30
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11785000 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12104000 shares
CY2022Q2 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
378011000 USD
CY2022Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2000 USD
CY2022Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
344000 USD
CY2022Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
377669000 USD
CY2022Q2 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss
500000 USD
CY2022Q2 smar Debt Securities Trading Amortized Cost Maturity Allocated And Single Maturity Date Year One
DebtSecuritiesTradingAmortizedCostMaturityAllocatedAndSingleMaturityDateYearOne
184237000 USD
CY2022Q2 smar Debt Securities Trading Fair Value Maturity Allocated And Single Maturity Date Year One
DebtSecuritiesTradingFairValueMaturityAllocatedAndSingleMaturityDateYearOne
184027000 USD
CY2022Q2 smar Debt Securities Trading Amortized Cost Maturity Allocated And Single Maturity Date After Year One Through Five
DebtSecuritiesTradingAmortizedCostMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughFive
23086000 USD
CY2022Q2 smar Debt Securities Trading Fair Value Maturity Allocated And Single Maturity Date After Year One Through Five
DebtSecuritiesTradingFairValueMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughFive
22954000 USD
CY2022Q2 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
207323000 USD
CY2022Q2 us-gaap Trading Securities Debt
TradingSecuritiesDebt
206981000 USD
CY2022Q2 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
0 USD
CY2022Q2 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2022Q2 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P4Y8M12D
CY2022Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
44009000 USD
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
61864000 USD
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
20254000 USD
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
41610000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
61864000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
17768000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
44096000 USD
CY2022Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
41525000 USD
CY2022 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P4Y10M24D
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2500000 USD
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2500000 USD
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
7456000 USD
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
9942000 USD
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
8740000 USD
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7023000 USD
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4858000 USD
CY2022Q2 smar Finite Lived Intangible Assets Expected Amortization After Year Four
FiniteLivedIntangibleAssetsExpectedAmortizationAfterYearFour
3547000 USD
CY2022Q2 smar Finite Lived Intangible Assets Amortization Expense
FiniteLivedIntangibleAssetsAmortizationExpense
41566000 USD
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
43900000 USD
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23859000 USD
CY2022Q2 smar Capitalized Software Development Costs Excluded From Share Based Compensation Expense
CapitalizedSoftwareDevelopmentCostsExcludedFromShareBasedCompensationExpense
700000 USD
CY2021Q2 smar Capitalized Software Development Costs Excluded From Share Based Compensation Expense
CapitalizedSoftwareDevelopmentCostsExcludedFromShareBasedCompensationExpense
400000 USD
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 USD
CY2022Q2 smar Lessee Leases Renewal Term
LesseeLeasesRenewalTerm
P5Y
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y10M24D
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2021Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
4100000 USD
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.049
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
4879000 USD
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
4532000 USD
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
129000 USD
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
343000 USD
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
567000 USD
CY2021Q2 us-gaap Variable Lease Cost
VariableLeaseCost
588000 USD
CY2022Q2 us-gaap Lease Cost
LeaseCost
5575000 USD
CY2021Q2 us-gaap Lease Cost
LeaseCost
5463000 USD
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
4652000 USD
CY2022Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4464000 USD
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.051
CY2022Q2 smar Lessee Lease Payments Accretion Of Liability
LesseeLeasePaymentsAccretionOfLiability
900000 USD
CY2021Q2 smar Lessee Lease Payments Accretion Of Liability
LesseeLeasePaymentsAccretionOfLiability
1100000 USD
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
14746000 USD
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
20115000 USD
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
16037000 USD
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
13298000 USD
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
9991000 USD
CY2022Q2 smar Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
11467000 USD
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
85654000 USD
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
9176000 USD
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
76478000 USD
CY2022Q2 us-gaap Noncurrent Assets
NoncurrentAssets
85107000 USD
CY2022Q1 us-gaap Noncurrent Assets
NoncurrentAssets
84287000 USD
CY2022Q1 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
10000000 USD
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
168310000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
117082000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
117082000 USD

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