2024 Q1 Form 10-K Financial Statement

#000179451524000016 Filed on February 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $310.1M $316.4M $1.240B
YoY Change 3.13% 4.91% 12.89%
Cost Of Revenue $43.40M $44.60M $178.1M
YoY Change 4.83% -9.35% -5.37%
Gross Profit $266.7M $271.8M $1.061B
YoY Change 4.51% 7.69% 16.69%
Gross Profit Margin 86.0% 85.9% 85.63%
Selling, General & Admin $174.5M $147.3M $579.9M
YoY Change 23.85% 6.28% 15.4%
% of Gross Profit 65.43% 54.19% 54.64%
Research & Development $43.70M $48.20M $189.8M
YoY Change 3.31% -10.91% -7.5%
% of Gross Profit 16.39% 17.73% 17.88%
Depreciation & Amortization $5.200M $20.10M $80.60M
YoY Change 8.33% -11.06% 357.95%
% of Gross Profit 1.95% 7.4% 7.59%
Operating Expenses $223.7M $200.9M $791.6M
YoY Change 18.42% 1.36% 7.88%
Operating Profit $43.00M $70.90M $269.8M
YoY Change -35.14% 30.81% 53.47%
Interest Expense $10.10M -$11.40M -$45.20M
YoY Change 2.02% -8.8% -194.96%
% of Operating Profit 23.49% -16.08% -16.75%
Other Income/Expense, Net -$3.400M $149.7M $178.8M
YoY Change -124.29% 409.18% 169.28%
Pretax Income $29.50M $206.7M $388.8M
YoY Change -56.74% 108.79% 99.79%
Income Tax $14.40M $212.2M $281.5M
% Of Pretax Income 48.81% 102.66% 72.4%
Net Earnings $15.10M -$5.500M $107.3M
YoY Change -66.07% -123.71% 69.78%
Net Earnings / Revenue 4.87% -1.74% 8.66%
Basic Earnings Per Share $0.04 $0.27
Diluted Earnings Per Share $0.04 -$0.01 $0.27
COMMON SHARES
Basic Shares Outstanding 379.7M shares 389.8M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $440.2M $529.3M $529.3M
YoY Change -28.52% -3.01% -3.01%
Cash & Equivalents $405.9M $447.1M $245.2M
Short-Term Investments $34.30M $82.20M $82.20M
Other Short-Term Assets $62.30M $59.80M $53.90M
YoY Change 3.32% 14.78% 3.45%
Inventory
Prepaid Expenses
Receivables $223.5M $272.0M $277.9M
Other Receivables $4.400M $3.200M $3.200M
Total Short-Term Assets $740.2M $864.3M $864.3M
YoY Change -18.22% 3.88% 3.88%
LONG-TERM ASSETS
Property, Plant & Equipment $74.60M $145.8M $145.8M
YoY Change 39.7% 179.85% 26.67%
Goodwill $1.693B $1.693B
YoY Change 0.0% 0.0%
Intangibles $319.8M $334.6M
YoY Change -15.75% -15.42%
Long-Term Investments
YoY Change
Other Assets $3.820B $3.831B $3.831B
YoY Change -6.23% -6.59% -6.59%
Total Long-Term Assets $6.014B $6.004B $6.004B
YoY Change -3.93% -4.76% -4.76%
TOTAL ASSETS
Total Short-Term Assets $740.2M $864.3M $864.3M
Total Long-Term Assets $6.014B $6.004B $6.004B
Total Assets $6.754B $6.868B $6.868B
YoY Change -5.74% -3.76% -3.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.00M $34.40M $34.40M
YoY Change -30.5% -3.37% -3.37%
Accrued Expenses $123.1M $125.0M $125.0M
YoY Change 55.63% 20.08% 9.27%
Deferred Revenue $443.0M $439.6M
YoY Change -1.34% 5.47%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.000M $6.000M $6.000M
YoY Change 0.0%
Total Short-Term Liabilities $664.1M $638.4M $638.4M
YoY Change 7.63% 11.47% 11.47%
LONG-TERM LIABILITIES
Long-Term Debt $1.225B $1.226B $1.226B
YoY Change -0.29% -0.75% -0.75%
Other Long-Term Liabilities $4.100M $2.882B $2.882B
YoY Change -28.07% 52305.45% -5.66%
Total Long-Term Liabilities $1.230B $4.109B $4.109B
YoY Change -0.42% 231.03% -4.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $664.1M $638.4M $638.4M
Total Long-Term Liabilities $1.230B $4.109B $4.109B
Total Liabilities $4.748B $4.749B $4.749B
YoY Change -2.02% -2.38% -2.38%
SHAREHOLDERS EQUITY
Retained Earnings $298.4M $283.3M
YoY Change 35.33% 60.97%
Common Stock $3.700M $3.800M
YoY Change -7.5% -5.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.006B $2.119B $2.119B
YoY Change
Total Liabilities & Shareholders Equity $6.754B $6.868B $6.868B
YoY Change -5.74% -3.76% -3.76%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $15.10M -$5.500M $107.3M
YoY Change -66.07% -123.71% 69.78%
Depreciation, Depletion And Amortization $5.200M $20.10M $80.60M
YoY Change 8.33% -11.06% 357.95%
Cash From Operating Activities $115.9M $128.8M $434.9M
YoY Change 6.72% 7.24% 4.29%
INVESTING ACTIVITIES
Capital Expenditures $12.80M $8.900M $26.50M
YoY Change 100.0% -175.42% -8.3%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $48.20M $44.40M $50.90M
YoY Change -465.15% -139.43% -120.18%
Cash From Investing Activities $35.40M $35.50M $24.40M
YoY Change -280.61% -135.22% -108.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$392.5M
YoY Change
Debt Paid & Issued, Net $1.500M $6.000M
YoY Change 0.0%
Cash From Financing Activities -$192.7M -160.6M -427.2M
YoY Change 557.68% 2013.16% 1549.42%
NET CHANGE
Cash From Operating Activities $115.9M 128.8M 434.9M
Cash From Investing Activities $35.40M 35.50M 24.40M
Cash From Financing Activities -$192.7M -160.6M -427.2M
Net Change In Cash -$41.40M 3.700M 32.10M
YoY Change -169.35% -68.38% -70.82%
FREE CASH FLOW
Cash From Operating Activities $115.9M $128.8M $434.9M
Capital Expenditures $12.80M $8.900M $26.50M
Free Cash Flow $103.1M $119.9M $408.4M
YoY Change 0.88% -9.1% 5.23%

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<div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We refer to the Reclassification, together with the Blocker Mergers and the ZoomInfo HoldCo Contributions, as the “Reorganization Transactions.” Following the Reorganization Transactions, ZoomInfo Technologies Inc. became a holding company, with its sole material asset being a controlling equity interest in ZoomInfo HoldCo, which became a holding company with its sole material asset being a controlling equity interest in ZoomInfo OpCo. ZoomInfo Technologies Inc. will operate and control all of the business and affairs, and consolidate the financial results, of ZoomInfo OpCo through ZoomInfo HoldCo and, through ZoomInfo OpCo and its subsidiaries, conduct our business. Accordingly, ZoomInfo Technologies Inc. consolidates the financial results of ZoomInfo HoldCo, and therefore ZoomInfo OpCo, and reports the non-controlling interests of the Pre-IPO HoldCo Units and Pre-IPO OpCo Units on its consolidated financial statements.</span></div><div style="margin-bottom:9pt;margin-top:15pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications have been made in the notes to the consolidated financial statements to conform previously reported amounts to current year presentation. These reclassifications had no impact on the previously reported net income or comprehensive income.</span></div>
CY2020Q2 zi Number Of Tax Receivable Agreements
NumberOfTaxReceivableAgreements
2 agreement
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:9pt;margin-top:15pt"><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-align:justify;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 consolidated financial statements in conformity with U.S. GAAP requires us to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements, as well as the reported amounts of revenue and expenses during the reporting period. We base these estimates on historical and anticipated results, trends, and other assumptions with respect to future events that we believe are reasonable and evaluate our estimates on an ongoing basis. Given that estimates and judgments are required, actual results may differ from our estimates and such differences could be material to our consolidated financial position and results of operations.</span></div>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:9pt"><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 Credit Risk and Significant Customers</span></div>Financial instruments that potentially subject us to concentrations of credit risk consist principally of cash and cash equivalents, short-term investments, and accounts receivable. The Company holds cash at major financial institutions that often exceed Federal Deposit Insurance Corporation (“FDIC”) insured limits. The Company manages its credit risk associated with cash concentrations by concentrating its cash deposits in high-quality financial institutions and by periodically evaluating the credit quality of the primary financial institutions holding such deposits. The carrying value of cash approximates fair value. Our investment portfolio is comprised of highly rated securities with a weighted-average maturity of less than 12 months in accordance with our investment policy which seeks to preserve principal and maintain a high degree of liquidity. Historically, the Company has not experienced any losses due to such cash concentrations. The Company does not have any off-balance-sheet credit exposure related to its customers. Concentrations of credit risk with respect to accounts receivable and revenue are limited due to a large, diverse customer base. We do not require collateral from clients. We maintain an allowance for credit losses based upon the expected collectability of accounts receivable. The Company performs ongoing credit evaluations of its customers and maintains allowances for possible losses, which, when realized, have been within the range of management’s expectations.
CY2023Q4 us-gaap Accrued Sales Commission Current And Noncurrent
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37700000 usd
CY2022Q4 us-gaap Accrued Sales Commission Current And Noncurrent
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36200000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Gross
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85500000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
79900000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
61000000 usd
CY2023 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
75300000 usd
CY2022 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
65900000 usd
CY2021 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
41700000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
83300000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
73300000 usd
CY2022 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 usd
CY2023 us-gaap Capitalized Contract Cost Impairment Loss
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CY2021 us-gaap Capitalized Contract Cost Impairment Loss
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0 usd
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31300000 usd
CY2022 us-gaap Advertising Expense
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28800000 usd
CY2021 us-gaap Advertising Expense
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22700000 usd
CY2023 us-gaap Number Of Reporting Units
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1 reporting_unit
CY2023 us-gaap Goodwill Impairment Loss
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0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Goodwill Impairment Loss
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0 usd
CY2023 zi Impairment Long Lived Asset Held For Use Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
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impairment charges
CY2023 us-gaap Impairment Of Long Lived Assets Held For Use
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5200000 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
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0 usd
CY2020Q2 zi Number Of Tax Receivable Agreements
NumberOfTaxReceivableAgreements
2 agreement
CY2020Q2 zi Payment Provided As Percent Of Net Cash Savings
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0.85
CY2020Q2 zi Benefit Retained As Percent Of Net Cash Savings
BenefitRetainedAsPercentOfNetCashSavings
0.15
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
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P4Y
CY2023Q4 us-gaap Accrued Bonuses Current
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25500000 usd
CY2022Q4 us-gaap Accrued Bonuses Current
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21600000 usd
CY2023 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.07
CY2023 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.07
CY2023 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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9000000 usd
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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8000000 usd
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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5400000 usd
CY2023 us-gaap Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
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0.33
CY2023 zi Defined Contribution Plan Employers Matching Contribution Employee Service Period After Fully Vested
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P3Y
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
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1
CY2023 us-gaap Severance Costs1
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7000000 usd
CY2022 us-gaap Severance Costs1
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7200000 usd
CY2021 us-gaap Severance Costs1
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4800000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1239500000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1098000000 usd
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747200000 usd
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CY2021 us-gaap Contract With Customer Liability Revenue Recognized
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CY2022Q4 us-gaap Contract With Customer Asset Net Current
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CY2023Q4 us-gaap Contract With Customer Liability
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441900000 usd
CY2022Q4 us-gaap Contract With Customer Liability
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CY2023Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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CY2023Q4 us-gaap Revenue Remaining Performance Obligation
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CY2023Q4 us-gaap Revenue Remaining Performance Obligation
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CY2022Q4 us-gaap Revenue Remaining Performance Obligation
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CY2022Q4 us-gaap Revenue Remaining Performance Obligation
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CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2022Q4 us-gaap Available For Sale Securities Debt Securities
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CY2022Q4 us-gaap Cash Cash Equivalents And Short Term Investments
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CY2023Q4 us-gaap Cash
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CY2023Q4 us-gaap Cash
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CY2023Q4 zi Cash Equivalents Accumulated Gross Unrealized Loss Before Tax
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CY2023Q4 us-gaap Cash Equivalents At Carrying Value
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245200000 usd
CY2023Q4 zi Cash And Cash Equivalents Amortized Cost
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447100000 usd
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CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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82200000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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0 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
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82200000 usd
CY2023Q4 zi Cash Cash Equivalents And Debt Securities Available For Sale Amortized Cost
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529300000 usd
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0 usd
CY2023Q4 zi Cash Cash Equivalents And Debt Securities Available For Sale Accumulated Gross Unrealized Loss Before Tax
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CY2023Q4 us-gaap Cash Cash Equivalents And Short Term Investments
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529300000 usd
CY2022Q4 us-gaap Cash
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235600000 usd
CY2022Q4 us-gaap Cash
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235600000 usd
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182500000 usd
CY2022Q4 zi Cash Equivalents Accumulated Gross Unrealized Loss Before Tax
CashEquivalentsAccumulatedGrossUnrealizedLossBeforeTax
100000 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
182400000 usd
CY2022Q4 zi Cash And Cash Equivalents Amortized Cost
CashAndCashEquivalentsAmortizedCost
418100000 usd
CY2022Q4 zi Cash Equivalents Accumulated Gross Unrealized Loss Before Tax
CashEquivalentsAccumulatedGrossUnrealizedLossBeforeTax
100000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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0 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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0 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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127800000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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662900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
328300000 usd
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334600000 usd
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629900000 usd
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267300000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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362600000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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33000000.0 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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33000000.0 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost After Allowance For Credit Loss
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82200000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
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82200000 usd
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CY2022Q4 us-gaap Available For Sale Securities Debt Securities
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CY2022Q4 us-gaap Property Plant And Equipment Gross
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94100000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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60600000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
42000000.0 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
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65100000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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52100000 usd
CY2023 us-gaap Depreciation
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19600000 usd
CY2022 us-gaap Depreciation
Depreciation
17600000 usd
CY2021 us-gaap Depreciation
Depreciation
13700000 usd
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629900000 usd
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FiniteLivedIntangibleAssetsAccumulatedAmortization
328300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
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301600000 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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33000000.0 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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33000000.0 usd
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662900000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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267300000 usd
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395600000 usd
CY2023 us-gaap Amortization Of Intangible Assets
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61000000 usd
CY2022 us-gaap Amortization Of Intangible Assets
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70200000 usd
CY2021 us-gaap Amortization Of Intangible Assets
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55600000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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59000000.0 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
58300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
48600000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
38300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
21900000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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75500000 usd
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CY2021Q4 us-gaap Goodwill
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1575100000 usd
CY2022 us-gaap Goodwill Purchase Accounting Adjustments
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-1800000 usd
CY2022 us-gaap Goodwill Acquired During Period
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119400000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
1692700000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
1692700000 usd
CY2022 us-gaap Goodwill Impairment Loss
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CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023Q4 us-gaap Long Term Debt
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1232400000 usd
CY2022Q4 us-gaap Long Term Debt
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1235700000 usd
CY2023Q4 us-gaap Long Term Debt Current
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6000000.0 usd
CY2022Q4 us-gaap Long Term Debt Current
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0 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
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1226400000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
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1235700000 usd
CY2023Q4 us-gaap Recorded Unconditional Purchase Obligation Due After Fifth Year
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0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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6000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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6000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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6000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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6000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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6000000.0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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1214000000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
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1244000000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
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11600000 usd
CY2023Q4 us-gaap Long Term Debt
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1232400000 usd
CY2023Q4 us-gaap Recorded Unconditional Purchase Obligation Due Within One Year
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47300000 usd
CY2023Q4 us-gaap Recorded Unconditional Purchase Obligation Due In Second Year
RecordedUnconditionalPurchaseObligationDueInSecondYear
9300000 usd
CY2023Q4 us-gaap Recorded Unconditional Purchase Obligation Due In Third Year
RecordedUnconditionalPurchaseObligationDueInThirdYear
1600000 usd
CY2023Q4 us-gaap Recorded Unconditional Purchase Obligation Due In Fourth Year
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0 usd
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0 usd
CY2023Q4 us-gaap Recorded Unconditional Purchase Obligation
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58200000 usd
CY2023Q4 us-gaap Income Tax Examination Penalties Accrued
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7000000 usd
CY2022Q4 us-gaap Income Tax Examination Penalties Accrued
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4900000 usd
CY2023 us-gaap Stock Repurchased And Retired During Period Shares
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22627664 shares
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17.68
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400100000 usd
CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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199900000 usd
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021 us-gaap Payments Of Capital Distribution
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19900000 usd
CY2023 us-gaap Profit Loss
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107300000 usd
CY2022 us-gaap Profit Loss
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CY2021 us-gaap Profit Loss
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CY2023Q4 us-gaap Operating Lease Liability
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CY2022Q4 us-gaap Operating Lease Liability
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CY2022 zi Operating Lease Tenant Incentive Reimbursement
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CY2021 zi Operating Lease Tenant Incentive Reimbursement
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2023Q4 us-gaap Operating Lease Liability
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CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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213600000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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104200000 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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59200000 usd
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CY2023 us-gaap Number Of Operating Segments
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1239500000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1098000000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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747200000 usd
CY2023 zi Tax Receivable Agreement Tax Benefits Realized Which Must Then Be Paid Percentage
TaxReceivableAgreementTaxBenefitsRealizedWhichMustThenBePaidPercentage
0.850
CY2023 zi Tax Receivable Agreement Cash Savings Realized Percentage
TaxReceivableAgreementCashSavingsRealizedPercentage
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CY2023Q4 zi Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
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CY2022Q4 zi Tax Receivable Agreement Liability
TaxReceivableAgreementLiability
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CY2023 zi Payments For Tax Receivable Agreements
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CY2022 zi Payments For Tax Receivable Agreements
PaymentsForTaxReceivableAgreements
12200000 usd
CY2021 zi Payments For Tax Receivable Agreements
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CY2023 zi Tax Receivable Agreement Remeasurement
TaxReceivableAgreementRemeasurement
160700000 usd
CY2022 zi Tax Receivable Agreement Remeasurement
TaxReceivableAgreementRemeasurement
65600000 usd
CY2021 zi Tax Receivable Agreement Remeasurement
TaxReceivableAgreementRemeasurement
39500000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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378000000.0 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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184200000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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93200000 usd
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10800000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
10400000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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194600000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2023 us-gaap Current Foreign Tax Expense Benefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
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CY2023 us-gaap Current Income Tax Expense Benefit
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CY2022 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
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CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2023 us-gaap Deferred Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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CY2023 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2023 zi Effective Income Tax Rate Reconciliation Changes In State Tax Law And Apportionment
EffectiveIncomeTaxRateReconciliationChangesInStateTaxLawAndApportionment
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CY2022 zi Effective Income Tax Rate Reconciliation Changes In State Tax Law And Apportionment
EffectiveIncomeTaxRateReconciliationChangesInStateTaxLawAndApportionment
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CY2021 zi Effective Income Tax Rate Reconciliation Changes In State Tax Law And Apportionment
EffectiveIncomeTaxRateReconciliationChangesInStateTaxLawAndApportionment
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2023 zi Effective Income Tax Rate Reconciliation Shift Of Gaap Basis To Taxable Entity Percent
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CY2022 zi Effective Income Tax Rate Reconciliation Shift Of Gaap Basis To Taxable Entity Percent
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CY2021 zi Effective Income Tax Rate Reconciliation Shift Of Gaap Basis To Taxable Entity Percent
EffectiveIncomeTaxRateReconciliationShiftOfGAAPBasisToTaxableEntityPercent
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Deductions Dividends
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Deductions Dividends
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2023 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021 zi Effective Income Tax Rate Reconciliation Change In Tax Status Amount
EffectiveIncomeTaxRateReconciliationChangeInTaxStatusAmount
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CY2021 zi Effective Income Tax Rate Reconciliation Shift Of Gaap Basis To Taxable Entity Amount
EffectiveIncomeTaxRateReconciliationShiftOfGAAPBasisToTaxableEntityAmount
87800000 usd
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CY2022Q4 zi Deferred Tax Assets Capitalized Research Expenditures
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39700000 usd
CY2023Q4 zi Deferred Tax Assets Operating Lease Liabilities
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CY2022Q4 zi Deferred Tax Assets Operating Lease Liabilities
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CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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CY2023Q4 zi Deferred Tax Assets Interest Expense Carryforward
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CY2022Q4 zi Deferred Tax Assets Interest Expense Carryforward
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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14600000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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CY2023Q4 us-gaap Deferred Tax Assets Other
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9900000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
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CY2023Q4 us-gaap Deferred Tax Assets Gross
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CY2022Q4 us-gaap Deferred Tax Assets Gross
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CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
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5700000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022Q4 us-gaap Deferred Tax Assets Net
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CY2022Q4 zi Deferred Tax Liabilities Deferred Commissions
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CY2023Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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15900000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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15700000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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44300000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
58200000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Derivatives
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9200000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
14100000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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CY2022Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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CY2023Q4 us-gaap Deferred Tax Liabilities Other
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CY2022Q4 us-gaap Deferred Tax Liabilities Other
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CY2023Q4 us-gaap Deferred Income Tax Liabilities
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CY2022Q4 us-gaap Deferred Income Tax Liabilities
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CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2023Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability
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CY2022Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability
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CY2022Q4 us-gaap Unrecognized Tax Benefits
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
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CY2023 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
5300000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
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CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3800000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12600000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5100000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12600000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5100000 usd
CY2022Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0 usd
CY2023Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0 usd
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001794515-24-000016-index-headers.html Edgar Link pending
0001794515-24-000016-index.html Edgar Link pending
0001794515-24-000016.txt Edgar Link pending
0001794515-24-000016-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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zi-20231231_cal.xml Edgar Link unprocessable
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zi-20231231_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable