CHEGG, INC CHGG Balance Sheet

Chegg, inc (CHGG)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13
Assets
Current assets
Cash and cash equivalents
359,101	387,520	450,457	555,792	914,500	374,664	379,020	384,926	106,827	126,457	122,227	66,086	70,294	77,329	90,213	49,679	41,504	67,029	80,941	35,087	50,028	56,117	53,186	30,783	39,440	76,864
Short-term investments
404,794	381,074	345,392	259,399	70,080	93,345	80,898	80,938	82,264	81,742	80,914	-	-	0	0	0	20,002	17,800	21,365	27,409	28,867	33,346	30,035	28,430	54,376	37,071
Accounts receivable, net of allowance of $160 and $56 at March 31, 2020 and December 31, 2019, respectively
6,493	11,529	13,678	5,948	8,870	12,733	8,620	8,096	8,055	10,855	9,843	8,750	8,787	10,451	9,481	12,919	10,955	13,157	9,323	12,131	10,674	14,396	15,758	9,913	9,345	7,091
Prepaid expenses
17,852	10,538	9,654	12,152	15,739	4,673	7,099	8,707	10,799	2,043	3,865	6,950	8,197	2,579	4,018	5,608	8,477	3,117	5,786	7,657	8,611	3,091	3,391	3,652	3,025	2,134
Deferred tax assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39	-
Other current assets
19,528	16,606	24,888	14,608	9,691	9,510	26,651	7,742	6,898	7,845	23,955	7,571	16,637	21,014	35,570	40,224	43,192	31,732	33,834	16,872	3,986	3,864	8,679	1,774	2,181	1,149
Total current assets
807,768	807,267	844,069	847,899	1,018,880	494,925	502,288	490,409	214,843	228,942	240,804	89,357	103,915	111,373	139,282	108,430	124,130	132,835	151,249	99,156	102,166	110,814	111,049	74,552	108,406	124,309
Long-term investments
273,114	310,483	340,118	288,682	12,533	16,052	14,961	15,957	10,628	20,305	17,013	-	-	0	0	0	2,878	4,229	2,935	4,727	0	1,451	14,124	19,295	36,671	24,320
Textbook library, net
31,673	0	-	-	-	-	-	-	-	-	0	0	0	2,575	3,956	11,834	20,640	29,728	44,642	61,260	84,571	80,762	105,205	100,233	113,915	105,108
Property and equipment, net
97,889	87,359	77,667	76,962	72,937	59,904	52,945	51,516	48,197	47,493	45,078	40,294	36,778	35,305	30,766	29,356	23,361	19,971	18,537	18,569	17,892	18,369	18,298	18,933	18,994	18,964
Goodwill
214,323	214,513	149,068	149,466	149,481	149,524	149,762	135,842	125,525	125,272	116,239	116,239	116,239	116,239	114,980	114,980	91,301	91,301	91,301	91,301	91,301	91,301	86,685	86,685	49,605	49,545
Intangible assets, net
32,075	34,667	20,622	22,374	24,097	25,915	27,813	22,591	19,902	21,153	16,599	17,970	19,345	20,748	21,659	23,061	8,237	8,865	9,511	10,629	12,066	13,626	10,972	12,664	3,150	3,311
Right of use assets
14,608	15,931	16,300	14,800	15,875	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
23,554	18,778	15,836	15,544	15,412	14,618	4,523	4,256	4,383	3,765	4,419	4,297	4,699	4,412	5,565	5,227	4,169	4,427	3,882	1,922	1,732	1,804	1,800	2,160	2,024	1,814
Total assets
1,495,004	1,488,998	1,463,692	1,415,683	1,309,215	760,938	752,292	720,571	423,478	446,930	440,152	268,157	280,976	290,652	316,208	292,888	274,716	291,356	322,057	287,564	309,728	318,127	348,133	314,522	332,765	327,371
Liabilities and stockholders' equity
Current liabilities
Accounts payable
13,605	7,362	4,197	3,131	6,341	8,177	4,283	5,337	3,981	7,049	2,109	809	3,261	5,175	7,992	6,260	4,307	5,860	11,982	3,832	4,846	10,945	6,063	9,813	3,742	4,078
Deferred revenue
35,753	18,780	27,457	18,821	26,276	17,418	25,281	13,710	18,625	13,440	21,906	12,457	18,106	14,836	30,004	14,458	26,769	14,971	46,081	19,752	44,969	24,591	72,462	24,175	52,116	22,804
Current operating lease liabilities
5,234	5,283	4,982	4,774	4,640	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued liabilities
47,241	39,964	52,199	37,425	35,706	34,077	46,999	29,460	26,418	31,074	41,940	27,861	41,005	44,319	59,034	46,427	19,274	35,280	39,674	23,903	20,187	31,183	29,563	19,991	19,826	21,270
Total current liabilities
101,833	71,389	88,835	64,151	72,963	59,672	76,563	48,507	49,024	51,563	65,955	41,127	62,372	64,330	97,030	67,145	50,350	56,111	97,737	47,487	70,002	66,719	108,088	53,979	75,684	48,152
Long-term liabilities
Convertible senior notes, net
913,249	900,303	887,215	874,126	789,380	283,668	280,132	276,578	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term operating lease liabilities
13,012	14,513	15,315	14,243	15,424	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
3,983	3,964	3,815	3,592	3,311	6,964	7,016	6,767	-	4,305	-	-	-	-	-	-	-	-	-	-	4,285	-	5,315	5,187	5,153	4,979
Total long-term liabilities
930,244	918,780	906,345	891,961	808,115	290,632	287,148	283,345	4,443	4,305	5,243	4,974	4,542	4,383	4,075	4,010	3,969	4,170	4,261	4,732	4,285	4,365	5,315	5,187	5,153	4,979
Total liabilities
1,032,077	990,169	995,180	956,112	881,078	350,304	363,711	331,852	53,467	55,868	71,198	46,101	66,914	68,713	101,105	71,155	54,319	60,281	101,998	52,219	74,287	71,084	113,403	59,166	80,837	53,131
Commitments and contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stockholders' equity:
Preferred stock, $0.001 par value – 10,000,000 shares authorized, no shares issued and outstanding
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.001 par value 400,000,000 shares authorized; 123,542,833 and 121,583,501 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively
124	122	121	119	118	116	115	114	113	110	108	96	94	92	91	91	90	88	88	88	86	84	84	84	83	82
Additional paid-in capital
890,258	916,095	894,660	873,104	839,924	818,113	801,355	787,480	764,065	782,845	764,097	605,638	591,774	593,351	584,999	575,601	565,179	560,242	552,773	543,789	533,739	516,845	506,208	494,364	482,718	479,279
Accumulated other comprehensive loss
-5,362	-1,096	-1,758	-618	-900	-1,019	-965	-661	138	-282	19	76	-77	-176	-148	-183	-104	-172	-89	14	31	-13	-1	28	1	-6
Accumulated deficit
-422,093	-416,292	-424,511	-413,034	-411,005	-406,576	-411,924	-398,214	-394,305	-391,611	-395,270	-383,754	-377,729	-371,328	-369,839	-353,776	-344,768	-329,083	-332,713	-308,546	-298,415	-269,873	-271,561	-239,120	-230,874	-205,115
Total stockholders' equity
462,927	498,829	468,512	459,571	428,137	410,634	388,581	388,719	370,011	391,062	368,954	222,056	214,062	221,939	215,103	221,733	220,397	231,075	220,059	235,345	235,441	247,043	234,730	255,356	251,928	274,240
Total liabilities and stockholders' equity
1,495,004	1,488,998	1,463,692	1,415,683	1,309,215	760,938	752,292	720,571	423,478	446,930	440,152	268,157	280,976	290,652	316,208	292,888	274,716	291,356	322,057	287,564	309,728	318,127	348,133	314,522	332,765	327,371