Qualys (QLYS) 10-Q5 May 212021 Q1 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
Document And Entity Information - shares	Mar. 31, 2021	Apr. 29, 2021
Document Information [Line Items]
Entity Central Index Key	0001107843
Entity Registrant Name	QUALYS, INC.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2021
Document Transition Report	false
Entity File Number	001-35662
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	77-0534145
Entity Address, Address Line One	919 E. Hillsdale Boulevard, 4th Floor
Entity Address, City or Town	Foster City
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94404
City Area Code	650
Local Phone Number	801-6100
Title of 12(b) Security	Common stock, $0.001 par value per share
Trading Symbol	QLYS
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		39,141,887

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 108,753	$ 74,132
Short-term marketable securities	247,982	281,892
Accounts receivable, net of allowance of $809 and $725 as of March 31, 2021 and December 31, 2020, respectively	85,222	100,179
Prepaid expenses and other current assets	22,099	19,142
Total current assets	464,056	475,345
Long-term marketable securities	101,474	98,458
Property and equipment, net	64,143	64,850
Operating leases - right of use asset	42,113	44,838
Deferred tax assets, net	20,786	15,811
Intangible assets, net	10,361	12,006
Goodwill	7,447	7,447
Restricted cash	1,200	1,200
Other noncurrent assets	18,362	16,864
Total assets	729,942	736,819
Current liabilities:
Accounts payable	1,164	731
Accrued liabilities	27,836	29,833
Deferred revenues, current	218,898	213,494
Operating lease liabilities, current	11,846	11,672
Total current liabilities	259,744	255,730
Deferred revenues, noncurrent	29,010	30,540
Operating lease liabilities, noncurrent	42,692	45,700
Other noncurrent liabilities	1,388	367
Total liabilities	332,834	332,337
Commitments and contingencies (Note 8)
Stockholders’ equity:
Preferred stock, $0.001 par value; 20,000 shares authorized, no shares issued and outstanding at March 31, 2021 and December 31, 2020	0	0
Common stock, $0.001 par value; 1,000,000 shares authorized; 39,203 and 39,253 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively	39	39
Additional paid-in capital	420,950	401,359
Accumulated other comprehensive income (loss)	120	(484)
Retained earnings (accumulated deficit)	(24,001)	3,568
Total stockholders’ equity	397,108	404,482
Total liabilities and stockholders’ equity	$ 729,942	$ 736,819

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) shares in Thousands, $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Allowance for doubtful accounts receivable	$ 809	$ 725
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	20,000	20,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par or stated value per share (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	1,000,000	1,000,000
Common stock, shares issued (in shares)	39,203	39,253
Common stock, shares outstanding (in shares)	39,203	39,253

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Revenues	$ 96,756	$ 86,263
Cost of revenues	21,680	18,495
Gross profit	75,076	67,768
Operating expenses:
Research and development	17,749	17,983
Sales and marketing	17,989	18,230
General and administrative	42,043	11,124
Total operating expenses	77,781	47,337
Income (loss) from operations	(2,705)	20,431
Other income (expense), net:
Interest expense	(4)	(3)
Interest income	746	1,924
Other income (expense), net	(244)	(135)
Total other income, net	498	1,786
Income (loss) before income taxes	(2,207)	22,217
Income tax provision (benefit)	(2,435)	3,523
Net income	$ 228	$ 18,694
Net income per share:
Basic (in dollars per share)	$ 0.01	$ 0.48
Diluted (in dollars per share)	$ 0.01	$ 0.46
Weighted average shares used in computing net income per share:
Basic (in shares)	39,209	39,112
Diluted (in shares)	40,430	40,846

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net income	$ 228	$ 18,694
Other comprehensive income, net of tax:
Net change in unrealized gains (losses) on available-for-sale debt securities, net of tax	(389)	266
Net change in unrealized gains (losses) on cash flow hedges, net of tax	993	125
Other comprehensive income, net of tax	604	391
Comprehensive income	$ 832	$ 19,085

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash flow from operating activities:
Net income	$ 228	$ 18,694
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	9,078	7,747
Bad debt expense	138	148
Stock-based compensation	38,202	9,997
Amortization of premiums (accretion of discounts) on marketable securities	967	(64)
Deferred income taxes	(5,162)	1,784
Changes in operating assets and liabilities:
Accounts receivable	14,819	5,190
Prepaid expenses and other assets	(6,083)	(1,629)
Accounts payable	107	(262)
Accrued liabilities	1,686	253
Deferred revenues	3,874	10,577
Net cash provided by operating activities	57,854	52,435
Cash flow from investing activities:
Purchases of marketable securities	(115,610)	(85,567)
Sales and maturities of marketable securities	145,044	129,651
Purchases of property and equipment	(6,259)	(7,271)
Net cash provided by investing activities	23,175	36,813
Cash flow from financing activities:
Repurchases of common stock	(31,029)	(28,926)
Proceeds from exercise of stock options	2,264	4,714
Payments for taxes related to net share settlement of equity awards	(17,643)	(5,000)
Principal payments under finance lease obligations	0	(30)
Net cash used in financing activities	(46,408)	(29,242)
Net increase in cash, cash equivalents and restricted cash	34,621	60,006
Cash, cash equivalents and restricted cash at beginning of period	75,332	88,759
Cash, cash equivalents and restricted cash at end of period	$ 109,953	$ 148,765

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balances (in shares) at Dec. 31, 2019	39,146,000
Balance at Dec. 31, 2019	$ 39	$ 362,408	$ 1,162	$ 23,194	$ 386,803
Net income	0	0	0	18,694	18,694
Other comprehensive income (loss), net of tax	$ 0	0	391	0	391
Issuance of common stock upon exercise of stock options (in shares)	145,000
Issuance of common stock upon exercise of stock options	$ 0	4,714	0	0	4,714
Repurchase of common stock (in shares)	(346,000)
Repurchase of common stock	$ 0	(4,160)	0	(24,766)	(28,926)
Issuance of common stock upon vesting of restricted stock units (in shares)	138,000
Issuance of common stock upon vesting of restricted stock units	$ 0	0	0	0	0
Taxes related to net share settlement of equity awards (in shares)	(58,000)
Taxes related to net share settlement of equity awards	$ 0	(5,000)	0	0	(5,000)
Stock-based compensation	$ 0	10,054	0	0	10,054
Balances (in shares) at Mar. 31, 2020	39,025,000
Balance at Mar. 31, 2020	$ 39	368,016	1,553	17,122	386,730
Balances (in shares) at Dec. 31, 2020	39,253,000
Balance at Dec. 31, 2020	$ 39	401,359	(484)	3,568	404,482
Net income	0	0	0	228	228
Other comprehensive income (loss), net of tax	$ 0	0	604	0	$ 604
Issuance of common stock upon exercise of stock options (in shares)	69,000				69,239
Issuance of common stock upon exercise of stock options	$ 0	2,264	0	0	$ 2,264
Repurchase of common stock (in shares)	(269,000)
Repurchase of common stock	$ 0	(3,232)	0	(27,797)	(31,029)
Issuance of common stock upon vesting of restricted stock units (in shares)	305,000
Issuance of common stock upon vesting of restricted stock units	$ 0	0	0	0	0
Taxes related to net share settlement of equity awards (in shares)	(155,000)
Taxes related to net share settlement of equity awards	$ 0	(17,643)	0	0	(17,643)
Stock-based compensation	$ 0	38,202	0	0	38,202
Balances (in shares) at Mar. 31, 2021	39,203,000
Balance at Mar. 31, 2021	$ 39	$ 420,950	$ 120	$ (24,001)	$ 397,108

Note 1 - Description of Busines

Note 1 - Description of Business and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	NOTE 1. Description of Business and Summary of Significant Accounting Policies Description of Business Qualys, Inc. (the “Company”, "we", "us", "our") was incorporated in the state of Delaware on December 30, 1999. Basis of Presentation The accompanying unaudited condensed consolidated financial statements and condensed footnotes have been prepared in accordance with accounting principles generally accepted in the United States ("U.S. GAAP") for interim financial information as well as the instructions to Form 10 December 31, 2020 not three March 31, 2021 not December 31, 2021 10 December 31, 2020 Risks and Uncertainties In March 2020, 19" 19, may may not 19 19 may Use of Estimates The preparation of the unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of assets and liabilities at the date of the condensed consolidated financial statements and the reported results of operations during the reporting period. The Company’s management regularly assesses these estimates, which primarily affect revenue recognition, the valuation of accounts receivable, goodwill and intangible assets, leases, stock-based compensation and income tax provision. Actual results could differ from those estimates and such differences may Revenue Recognition The Company derives revenues from subscriptions that require customers to pay a fee in order to access the Company’s cloud solutions. Contract period with customers generally ranges from less than a year to five not not not The Company determines revenue recognition through the following steps: • Identification of the contract, or contracts, with a customer; • Identification of the performance obligations in the contract; • Determination of the transaction price • Allocation of the transaction price to the performance obligations in the contract; and • Recognition of revenue when, or as, the Company satisfies a performance obligation. At the inception of a customer contract, the Company makes an assessment as to that customer's ability to pay for the services provided. The Company assesses collectability based on several factors, including credit worthiness of the customer along with past transaction history. In addition, the Company performs periodic evaluations of its customers’ financial condition. Most of the Company’s revenue contracts are subscription based and contain a single performance obligation. The subscription contracts typically do not 606. not As the Company's cloud-based subscription services are delivered to customers electronically and over time, revenue is generally recognized ratably over the contract terms. A cumulative catch-up adjustment is made when there is a change in the estimate of variable consideration. In addition, the Company recognizes revenues for certain limited scan arrangements on an as-used basis. When physical equipment are provided to the customers as part of the subscription service contract, the Company applies the practical expedient allowed under ASC 842 606, Deferred revenues consist of customer contracts billed or cash received that will be recognized in the future under subscriptions existing at the balance sheet date. The current portion of deferred revenues represents amounts that are expected to be recognized within one Costs of shipping and handling charges incurred by the Company associated with physical scanner appliances and other computer equipment are included in cost of revenues. Sales taxes and other taxes collected from customers to be remitted to government authorities are excluded from revenues. Incremental direct costs of obtaining a contract, which consist of sales commissions primarily for new business and upsells, are deferred and amortized over the estimated life of the customer relationship if renewals are expected and the renewal commission is not one five Non-Marketable Securities During the fiscal year ended December 31, 2018, not no may not No not Recently Adopted Accounting Pronouncements In December 2019, No. 2019 12, 2019 12" 740, 2019 12 December 15, 2020. 2019 12 first 2021 no Recently Issued Accounting Pronouncements Not Although there were several other new accounting pronouncements issued by the FASB during the three March 31, 2021 not There have been no 1" 10 December 31, 2020.

Note 2 - Fair Value of Financia

Note 2 - Fair Value of Financial Instruments	3 Months Ended
Note 2 - Fair Value of Financial Instruments	Mar. 31, 2021
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 2. Fair Value of Financial Instruments Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. For certain of the Company’s financial instruments, including certain cash equivalents, accounts receivable, accounts payable and accrued liabilities, the carrying amounts approximate their fair values due to the relatively short maturity of these balances. The Company measures and reports certain cash equivalents, marketable securities, derivative foreign currency forward contracts at fair value in accordance with the provisions of the authoritative accounting guidance that addresses fair value measurements. This guidance establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. The hierarchy is broken down into three Level 1 Level 2 Level 3 The Company's financial instruments consist of assets and liabilities measured using Level 1 2 1 2 The Company's cash and cash equivalents, and marketable securities consist of the following: March 31, 2021 Unrealized Unrealized Amortized Cost Gains Losses Fair Value (in thousands) Cash and cash equivalents: Cash $ 36,632 $ — $ — $ 36,632 Money market funds 67,922 — — 67,922 Commercial paper 4,199 — — 4,199 Total 108,753 — — 108,753 Short-term marketable securities: Commercial paper 10,946 — — 10,946 Corporate bonds 21,821 147 — 21,968 Asset-backed securities 3,092 7 — 3,099 U.S. government agencies 211,724 245 — 211,969 Total 247,583 399 — 247,982 Long-term marketable securities: Asset-backed securities 26,253 88 (10 ) 26,331 U.S. government agencies 11,008 12 (1 ) 11,019 Foreign government agencies 1,001 27 — 1,028 Corporate bonds 62,515 614 (33 ) 63,096 Total 100,777 741 (44 ) 101,474 Total $ 457,113 $ 1,140 $ (44 ) $ 458,209 December 31, 2020 Unrealized Unrealized Amortized Cost Gains Losses Fair Value (in thousands) Cash and cash equivalents: Cash $ 33,105 $ — $ — $ 33,105 Money market funds 38,028 — — 38,028 Commercial paper 2,999 — — 2,999 Total 74,132 — — 74,132 Short-term marketable securities: Commercial paper 6,147 — — 6,147 Corporate bonds 24,368 170 — 24,538 Asset-backed securities 6,263 18 — 6,281 U.S. government agencies 244,568 369 (11 ) 244,926 Total 281,346 557 (11 ) 281,892 Long-term marketable securities: Asset-backed securities 38,456 160 (3 ) 38,613 U.S. government agencies 6,884 17 — 6,901 Foreign government agencies 1,006 31 — 1,037 Corporate bonds 51,068 839 — 51,907 Total 97,414 1,047 (3 ) 98,458 Total $ 452,892 $ 1,604 $ (14 ) $ 454,482 As of March 31, 2021 December 31, 2020, 12 not The following table sets forth by level within the fair value hierarchy the fair value of the Company's cash equivalents and marketable securities measured on a recurring basis: March 31, 2021 Level 1 Level 2 Fair Value (in thousands) Money market funds $ 67,922 $ — $ 67,922 Commercial paper — 15,145 15,145 U.S. government agencies — 222,988 222,988 Foreign government agencies — 1,028 1,028 Corporate bonds — 85,064 85,064 Asset-backed securities — 29,430 29,430 Total $ 67,922 $ 353,655 $ 421,577 December 31, 2020 Level 1 Level 2 Fair Value (in thousands) Money market funds $ 38,028 $ — $ 38,028 Commercial paper — 9,146 9,146 U.S. government agencies — 251,827 251,827 Foreign government agencies — 1,037 1,037 Corporate bonds — 76,445 76,445 Asset-backed securities — 44,894 44,894 Total $ 38,028 $ 383,349 $ 421,377 The following summarizes the fair value of marketable securities by contractual maturity as of March 31, 2021 March 31, 2021 Mature within Mature after One Year Mature over One Year through Two Years Two Years Fair Value (in thousands) Commercial paper $ 15,145 $ — $ — $ 15,145 U.S. government agencies 211,969 11,019 — 222,988 Foreign government agencies — 1,028 — 1,028 Corporate bonds 21,968 43,855 19,241 85,064 Asset-backed securities 3,099 12,112 14,219 29,430 Total $ 252,181 $ 68,014 $ 33,460 $ 353,655 Derivative Financial Instruments Designated cash flow hedges The Company uses a hedging strategy to reduce its exposure to foreign currency exchange rate fluctuations for forecasted subscription renewals and new orders in British Pound ("GBP") and Euro. The Company uses forward currency contracts accounted for as cash flow hedges against a designated portion of forecasted subscription renewals and new orders. Unrealized foreign exchange gains or losses related to those designated cash flow hedge contracts are recorded in Accumulated other comprehensive income ("AOCI") and will be reclassified into revenues in the same periods when the hedged contracts are recognized into revenues. In addition, the Company uses a hedging strategy to reduce its exposure associated with costs incurred in Indian Rupee ("INR"). Unrealized foreign exchange gains or losses related to those designated cash flow hedge contracts are recorded in AOCI and will be reclassified into operating expenses when the associated hedged expenses are incurred. As of March 31, 2021 €23.2 £8.3 Rs.2,200.7 December 31, 2020 €25.9 £8.7 Rs.1,933.5 March 31, 2021 12 March 31, 2021 12 Non-designated forward contracts As of March 31, 2021 €20.9 £6.5 Rs.35.4 December 31, 2020 €17.7 £6.5 Rs.32.8 The following summarizes derivative financial instruments as of March 31, 2021 December 31, 2020 March 31, December 31, 2021 2020 Assets (in thousands) Foreign currency forward contracts designated as cash flow hedge $ 1,015 $ 511 Foreign currency forward contracts not designated as hedging instruments 853 27 Total $ 1,868 $ 538 Liabilities Foreign currency forward contracts designated as cash flow hedge $ (877 ) $ (2,200 ) Foreign currency forward contracts not designated as hedging instruments (161 ) (1,677 ) Total $ (1,038 ) $ (3,877 ) All foreign currency forward contracts were valued at fair value using Level 2 The following summarizes the gains (losses) recognized from forward contracts and other foreign currency transactions in other income (expense), net on the condensed consolidated statements of operations: Three Months Ended March 31, 2021 2020 (in thousands) Net gains from non-designated forward contracts $ 1,085 $ 804 Other foreign currency transactions losses (1,258 ) (871 ) Total foreign exchange losses, net (173 ) (67 ) Other expenses (71 ) (68 ) Other income (expense), net $ (244 ) $ (135 )

Note 3 - Accumulated Other Comp

Note 3 - Accumulated Other Comprehensive Income (Loss)	3 Months Ended
Note 3 - Accumulated Other Comprehensive Income (Loss)	Mar. 31, 2021
Notes to Financial Statements
Accumulated Other Comprehensive Income Disclosure [Text Block]	NOTE 3. Accumulated Other Comprehensive Income (Loss) The components and changes in accumulated other comprehensive income (loss) for the three March 31, 2021 2020 Available-for-sale debt securities Cash flow hedges Total Balances at December 31, 2020 $ 1,224 $ (1,708 ) $ (484 ) Change in unrealized gains (losses) during the period (501 ) 1,092 591 Net losses (gains) reclassified into income during the period 8 192 200 Income tax benefit (provision) 104 (291 ) (187 ) Net change during the period (389 ) 993 604 Balances at March 31, 2021 $ 835 $ (715 ) $ 120 Balances at December 31, 2019 $ 822 $ 340 $ 1,162 Change in unrealized gains (losses) during the period 455 410 865 Net losses (gains) reclassified into income during the period (110 ) (248 ) (358 ) Income tax benefit (provision) (79 ) (37 ) (116 ) Net change during the period 266 125 391 Balances at March 31, 2020 $ 1,088 $ 465 $ 1,553 The effects on income (loss) before income taxes of amounts reclassified from AOCI to the condensed consolidated statements of operations were as follows: Three Months Ended March 31, 2021 2020 (in thousands) Reclassification of AOCI - Available-for-sale debt securities Other income (expense), net $ (8 ) $ 110 Reclassification of AOCI - Cash flow hedges Revenues (217 ) (249 ) Cost of revenues 5 (5 ) Research and development expenses 17 (16 ) Sales and marketing expenses 1 (1 ) General and administrative expenses 2 (2 ) Total $ (192 ) $ (273 )

Note 4 - Property and Equipment

Note 4 - Property and Equipment, Net	3 Months Ended
Note 4 - Property and Equipment, Net	Mar. 31, 2021
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	NOTE 4. Property and Equipment, Net Property and equipment, net, which includes assets under finance leases, consists of the following: March 31, December 31, 2021 2020 (in thousands) Computer equipment $ 141,072 $ 136,286 Computer software 26,157 26,164 Leasehold improvements 21,107 21,107 Scanner appliances 17,348 16,749 Furniture, fixtures and equipment 6,703 6,599 Finance leases - right of use asset 3,503 3,503 Total property and equipment 215,890 210,408 Less: accumulated depreciation and amortization (151,747 ) (145,558 ) Property and equipment, net $ 64,143 $ 64,850 As of March 31, 2021 December 31, 2020 not three March 31, 2021 2020

Note 5 - Revenue from Contracts

Note 5 - Revenue from Contracts with Customers	3 Months Ended
Note 5 - Revenue from Contracts with Customers	Mar. 31, 2021
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	NOTE 5. Revenue from Contracts with Customers The Company records deferred revenue when cash payments are received or due in advance of its performance offset by revenue recognized in the period. Revenues of $83.5 million and $73.8 million were recognized during the three March 31, 2021 2020 December 31, 2020 2019 The Company's payment terms vary by the type and location of its customers and the products or services offered. The term between invoicing and when payment is due is not The following table sets forth the expected revenue from all remaining performance obligations as of March 31, 2021 (in thousands) 2021 (remaining nine months) $ 84,748 2022 82,466 2023 47,585 2024 4,255 2025 1,613 2026 and thereafter 194 Total $ 220,861 Revenues allocated to remaining performance obligations represents the transaction price of noncancelable orders for which service has not one From time to time, the Company enters into contracts with customers that extend beyond one one not Revenues by sales channel are as follows: Three Months Ended March 31, 2021 2020 (in thousands) Direct $ 57,952 $ 50,005 Partner 38,804 36,258 Total $ 96,756 $ 86,263 The Company utilizes partners to enable and accelerate the adoption of its cloud platform by increasing its distribution capabilities and market awareness of its cloud platform as well as by targeting geographic regions outside the reach of its direct sales force. The Company's channel partners maintain relationships with their customers throughout the territories in which they operate and provide their customers with services and third may one not 12, Capitalized costs to obtain contracts, current and noncurrent are as follows: March 31, 2021 December 31, 2020 (in thousands) Commission asset, current $ 3,622 $ 3,459 Commission asset, noncurrent $ 6,886 $ 6,906 For the three March 31, 2021 2020

Note 6 - Intangible Assets, Net

Note 6 - Intangible Assets, Net	3 Months Ended
Note 6 - Intangible Assets, Net	Mar. 31, 2021
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	NOTE 6. Intangible Assets, Net Intangible assets consist primarily of developed technology and patent licenses acquired from business or asset acquisitions. Acquired intangibles are amortized on a straight-line basis over the respective estimated useful lives of the assets. The carrying values of intangible assets are as follows: March 31, 2021 Weighted Weighted Average Average Life Remaining Accumulated Net Book (in thousands) (Years) Life (Years) Cost Amortization Value Developed technology 4.4 1.5 $ 27,356 $ (17,709 ) $ 9,647 Patent licenses 14.0 3.4 1,387 (1,046 ) 341 Non-compete agreements 2.0 1.3 500 (167 ) 333 Total intangibles subject to amortization $ 29,243 $ (18,922 ) 10,321 Intangible assets not subject to amortization 40 Total intangible assets, net $ 10,361 December 31, 2020 Weighted Weighted Average Average Life Remaining Accumulated Net Book (in thousands) (Years) Life (Years) Cost Amortization Value Developed technology 4.4 1.8 $ 27,356 $ (16,152 ) $ 11,204 Patent licenses 14.0 3.7 1,387 (1,021 ) 366 Non-compete agreements 2.0 1.6 500 (104 ) 396 Total intangibles subject to amortization $ 29,243 $ (17,277 ) 11,966 Intangible assets not subject to amortization 40 Total intangible assets, net $ 12,006 Intangible asset amortization expense was $1.6 million and $1.5 million for the three March 31, 2021 2020 As of March 31, 2021 Amortization Expense (in thousands) 2021 (remaining nine months) $ 4,936 2022 4,823 2023 350 2024 212 Total expected future amortization expense $ 10,321

Note 7 - Leases

Note 7 - Leases	3 Months Ended
Note 7 - Leases	Mar. 31, 2021
Notes to Financial Statements
Lessee, Operating Leases and Finance Lease [Text Block]	NOTE 7. Leases The Company leases certain offices, computer equipment and its data center facilities under non-cancelable operating leases for varying periods through 2028. not not three March 31, 2021 2020 Supplemental cash flow information related to operating leases was as follows: Three Months Ended March 31, 2021 2020 (in thousands) Cash payments included in the measurement of lease liabilities: $ 3,308 $ 2,791 Lease liabilities arising from obtaining right-of-use assets: $ 39 $ 562 The weighted average remaining lease term and the weighted average discount rate of the Company's operating leases were as follows: March 31, 2021 December 31, 2020 Weighted average remaining lease term (years) 3.9 4.1 Weighted average discount rates 4.8 % 4.8 %

Note 8 - Commitments and Contin

Note 8 - Commitments and Contingencies	3 Months Ended
Note 8 - Commitments and Contingencies	Mar. 31, 2021
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 8. Commitments and Contingencies Indemnifications The Company from time to time enters into certain types of contracts that contingently require it to indemnify various parties against claims from third may may not not The Company maintains director and officer insurance, which may

Note 9 - Stockholders' Equity a

Note 9 - Stockholders' Equity and Stock-based Compensation	3 Months Ended
Note 9 - Stockholders' Equity and Stock-based Compensation	Mar. 31, 2021
Notes to Financial Statements
Shareholders' Equity and Share-based Payments [Text Block]	NOTE 9. Stockholders' Equity and Stock-Based Compensation Equity Incentive Plans 2012 Under the 2012 "2012 March 31, 2021 three March 31, 2021 may March 31, 2021 2012 2000 Under the 2000 "2000 2000 2000 2000 Stock-Based Compensation The following table shows a summary of the stock-based compensation expense included in the condensed consolidated statements of operations: Three Months Ended March 31, 2021 2020 (in thousands) Cost of revenues $ 875 $ 614 Research and development 2,215 3,437 Sales and marketing 1,628 1,560 General and administrative 33,484 4,386 Total stock-based compensation $ 38,202 $ 9,997 As of March 31, 2021 ad $13.6 million Performance-Based Stock Options and Restricted Stock Units On December 10, 2020, 2021 first November 1, 2020. second three January 2021 December 2023. On November 2, 2019, 2020 first December 1, 2019. second three January 2020 December 2022. On December 21, 2018, 2019 first January 1, 2019. second three January 2019 December 2021. three January 2019 December 2021 2021. third one third 2019, 2020 2021. The vesting of these awards is conditioned on Mr. Courtot’s continued service through the vesting dates or, for PSOs and PSUs, the dates that performance is certified in addition to the achievement of performance goals. If Mr. Courtot’s employment is terminated (a) by reason of death or disability or (b) by the Company for reasons other than cause or good reason within 12 months following a change in control, then 100% of any unvested portions of these awards will vest. The PSOs will be exercisable for 12 3 In February 2021 February 2020, 2019 2020 2019, On March 19, 2021, 2021, 2020 2019, 100% three March 31, 2021. Stock Option Plan Activity A summary of the Company’s stock option activity is as follows: Weighted Average Weighted Remaining Outstanding Average Contractual Aggregate Options Exercise Price Life (Years) Intrinsic Value (in thousands) Balance as of December 31, 2020 2,215,442 $ 59.07 6.5 $ 139,121 Granted 86,150 $ 124.64 Exercised (69,239 ) $ 32.69 Canceled (30,229 ) $ 95.57 Balance as of March 31, 2021 2,202,124 $ 61.97 5.1 $ 97,555 Vested and expected to vest - March 31, 2021 2,059,134 $ 59.05 4.8 $ 96,419 Exercisable - March 31, 2021 1,632,597 $ 48.58 3.8 $ 91,751 Restricted Stock A summary of the Company’s RSU activity is as follows: Weighted Average Grant Outstanding Date Fair Value RSUs Per Share Balance as of December 31, 2020 1,046,702 $ 86.78 Granted 70,590 $ 122.04 Vested (304,828 ) $ 85.29 Canceled (59,408 ) $ 62.79 Balance as of March 31, 2021 753,056 $ 92.58 Outstanding and expected to vest - March 31, 2021 663,811 $ 91.14 Share Repurchase Program On February 5, 2018, two February 12, 2018. October 30, 2018, October 30, 2019, May 7, 2020 February 10, 2021, may 10b 18 1934, 10b5 1 February 14, 2022. Repurchased shares are retired and reclassified as authorized and unissued shares of common stock. On retirement of the repurchased shares, common stock is reduced by an amount equal to the number of shares being retired multiplied by the par value. The excess amount that is retired over its par value is first During the three March 31, 2021 March 31, 2021

Note 10 - Net Income Per Share

Note 10 - Net Income Per Share	3 Months Ended
Note 10 - Net Income Per Share	Mar. 31, 2021
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 10. Net Income Per Share The computations for basic and diluted net income per share are as follows: Three Months Ended March 31, 2021 2020 (in thousands, except per share data) Numerator: Net income $ 228 $ 18,694 Denominator: Basic weighted average shares 39,209 39,112 Effect of potentially dilutive shares: Common stock options 870 1,423 Restricted stock units 351 311 Diluted weighted average shares 40,430 40,846 Net income per share: Basic $ 0.01 $ 0.48 Diluted $ 0.01 $ 0.46 Potentially dilutive shares not Three Months Ended March 31, 2021 2020 (in thousands) Common stock options 373 582 Restricted stock units 40 66 Total anti-dilutive shares 413 648

Note 11 - Income Taxes

Note 11 - Income Taxes	3 Months Ended
Note 11 - Income Taxes	Mar. 31, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 11. Income Taxes The Company's income tax provision for interim periods is determined using an estimate of its annual effective tax rate, adjusted for discrete items, if any, that arise during the period. Each quarter, the Company updates its estimate of the annual effective tax rate, and if the estimated annual effective tax rate changes, the Company makes a cumulative adjustment in such period. The Company's quarterly tax provision, and estimate of its annual effective tax rate, is subject to variation due to several factors, including variability in pre-tax income (or loss), the mix of jurisdictions to which such income relates, changes in how the Company does business, and tax law developments. The Company's estimated effective tax rate for the year differs from the U.S. statutory rate of 21% The Company recorded an income tax benefit of $2.4 million and an income tax provision of $3.5 million for the three March 31, 2021 2020 three March 31, 2021 three March 31, 2020 As of March 31, 2021 December 31, 2020 not 12 On June 29, 2020, 2020 $5 2020, 2021 2022. 2020 not

Note 12 - Segment Information a

Note 12 - Segment Information and Information About Geographic Area	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 12. Segment Information and Information about Geographic Area Under ASC 280 one one Revenue by geographic area, based on the customer's billing address, is as follows: Three Months Ended March 31, 2021 2020 (in thousands) United States $ 60,132 $ 54,963 Foreign 36,624 31,300 Total revenues $ 96,756 $ 86,263 Property and equipment, net, by geographic area, is as follows: March 31, December 31, 2021 2020 (in thousands) United States $ 42,947 $ 43,791 India 12,306 12,465 Rest of world 8,890 8,594 Total property and equipment, net $ 64,143 $ 64,850

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
Significant Accounting Policies (Policies)	Mar. 31, 2021
Accounting Policies [Abstract]
Description Of Business Policy [Policy Text Block]	Description of Business Qualys, Inc. (the “Company”, "we", "us", "our") was incorporated in the state of Delaware on December 30, 1999.
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying unaudited condensed consolidated financial statements and condensed footnotes have been prepared in accordance with accounting principles generally accepted in the United States ("U.S. GAAP") for interim financial information as well as the instructions to Form 10 December 31, 2020 not three March 31, 2021 not December 31, 2021 10 December 31, 2020
Risk and Uncertainties, Policy [Policy Text Block]	Risks and Uncertainties In March 2020, 19" 19, may may not 19 19 may
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of the unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of assets and liabilities at the date of the condensed consolidated financial statements and the reported results of operations during the reporting period. The Company’s management regularly assesses these estimates, which primarily affect revenue recognition, the valuation of accounts receivable, goodwill and intangible assets, leases, stock-based compensation and income tax provision. Actual results could differ from those estimates and such differences may
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition The Company derives revenues from subscriptions that require customers to pay a fee in order to access the Company’s cloud solutions. Contract period with customers generally ranges from less than a year to five not not not The Company determines revenue recognition through the following steps: • Identification of the contract, or contracts, with a customer; • Identification of the performance obligations in the contract; • Determination of the transaction price • Allocation of the transaction price to the performance obligations in the contract; and • Recognition of revenue when, or as, the Company satisfies a performance obligation. At the inception of a customer contract, the Company makes an assessment as to that customer's ability to pay for the services provided. The Company assesses collectability based on several factors, including credit worthiness of the customer along with past transaction history. In addition, the Company performs periodic evaluations of its customers’ financial condition. Most of the Company’s revenue contracts are subscription based and contain a single performance obligation. The subscription contracts typically do not 606. not As the Company's cloud-based subscription services are delivered to customers electronically and over time, revenue is generally recognized ratably over the contract terms. A cumulative catch-up adjustment is made when there is a change in the estimate of variable consideration. In addition, the Company recognizes revenues for certain limited scan arrangements on an as-used basis. When physical equipment are provided to the customers as part of the subscription service contract, the Company applies the practical expedient allowed under ASC 842 606, Deferred revenues consist of customer contracts billed or cash received that will be recognized in the future under subscriptions existing at the balance sheet date. The current portion of deferred revenues represents amounts that are expected to be recognized within one Costs of shipping and handling charges incurred by the Company associated with physical scanner appliances and other computer equipment are included in cost of revenues. Sales taxes and other taxes collected from customers to be remitted to government authorities are excluded from revenues. Incremental direct costs of obtaining a contract, which consist of sales commissions primarily for new business and upsells, are deferred and amortized over the estimated life of the customer relationship if renewals are expected and the renewal commission is not one five
Securities Owned Not Readily Marketable, Policy [Policy Text Block]	Non-Marketable Securities During the fiscal year ended December 31, 2018, not no may not No not
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Adopted Accounting Pronouncements In December 2019, No. 2019 12, 2019 12" 740, 2019 12 December 15, 2020. 2019 12 first 2021 no Recently Issued Accounting Pronouncements Not Although there were several other new accounting pronouncements issued by the FASB during the three March 31, 2021 not There have been no 1" 10 December 31, 2020.

Note 2 - Fair Value of Financ_2

Note 2 - Fair Value of Financial Instruments (Tables)	3 Months Ended
Note 2 - Fair Value of Financial Instruments (Tables)	Mar. 31, 2021
Notes Tables
Cash and Cash Equivalents and Debt Securities, Available-for-sale, Amortized Cost to Fair Value [Table Text Block]	March 31, 2021 Unrealized Unrealized Amortized Cost Gains Losses Fair Value (in thousands) Cash and cash equivalents: Cash $ 36,632 $ — $ — $ 36,632 Money market funds 67,922 — — 67,922 Commercial paper 4,199 — — 4,199 Total 108,753 — — 108,753 Short-term marketable securities: Commercial paper 10,946 — — 10,946 Corporate bonds 21,821 147 — 21,968 Asset-backed securities 3,092 7 — 3,099 U.S. government agencies 211,724 245 — 211,969 Total 247,583 399 — 247,982 Long-term marketable securities: Asset-backed securities 26,253 88 (10 ) 26,331 U.S. government agencies 11,008 12 (1 ) 11,019 Foreign government agencies 1,001 27 — 1,028 Corporate bonds 62,515 614 (33 ) 63,096 Total 100,777 741 (44 ) 101,474 Total $ 457,113 $ 1,140 $ (44 ) $ 458,209 December 31, 2020 Unrealized Unrealized Amortized Cost Gains Losses Fair Value (in thousands) Cash and cash equivalents: Cash $ 33,105 $ — $ — $ 33,105 Money market funds 38,028 — — 38,028 Commercial paper 2,999 — — 2,999 Total 74,132 — — 74,132 Short-term marketable securities: Commercial paper 6,147 — — 6,147 Corporate bonds 24,368 170 — 24,538 Asset-backed securities 6,263 18 — 6,281 U.S. government agencies 244,568 369 (11 ) 244,926 Total 281,346 557 (11 ) 281,892 Long-term marketable securities: Asset-backed securities 38,456 160 (3 ) 38,613 U.S. government agencies 6,884 17 — 6,901 Foreign government agencies 1,006 31 — 1,037 Corporate bonds 51,068 839 — 51,907 Total 97,414 1,047 (3 ) 98,458 Total $ 452,892 $ 1,604 $ (14 ) $ 454,482
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	March 31, 2021 Level 1 Level 2 Fair Value (in thousands) Money market funds $ 67,922 $ — $ 67,922 Commercial paper — 15,145 15,145 U.S. government agencies — 222,988 222,988 Foreign government agencies — 1,028 1,028 Corporate bonds — 85,064 85,064 Asset-backed securities — 29,430 29,430 Total $ 67,922 $ 353,655 $ 421,577 December 31, 2020 Level 1 Level 2 Fair Value (in thousands) Money market funds $ 38,028 $ — $ 38,028 Commercial paper — 9,146 9,146 U.S. government agencies — 251,827 251,827 Foreign government agencies — 1,037 1,037 Corporate bonds — 76,445 76,445 Asset-backed securities — 44,894 44,894 Total $ 38,028 $ 383,349 $ 421,377
Investments Classified by Contractual Maturity Date [Table Text Block]	March 31, 2021 Mature within Mature after One Year Mature over One Year through Two Years Two Years Fair Value (in thousands) Commercial paper $ 15,145 $ — $ — $ 15,145 U.S. government agencies 211,969 11,019 — 222,988 Foreign government agencies — 1,028 — 1,028 Corporate bonds 21,968 43,855 19,241 85,064 Asset-backed securities 3,099 12,112 14,219 29,430 Total $ 252,181 $ 68,014 $ 33,460 $ 353,655
Schedule of Derivative Instruments [Table Text Block]	March 31, December 31, 2021 2020 Assets (in thousands) Foreign currency forward contracts designated as cash flow hedge $ 1,015 $ 511 Foreign currency forward contracts not designated as hedging instruments 853 27 Total $ 1,868 $ 538 Liabilities Foreign currency forward contracts designated as cash flow hedge $ (877 ) $ (2,200 ) Foreign currency forward contracts not designated as hedging instruments (161 ) (1,677 ) Total $ (1,038 ) $ (3,877 )
Derivative Instruments, Gain (Loss) [Table Text Block]	Three Months Ended March 31, 2021 2020 (in thousands) Net gains from non-designated forward contracts $ 1,085 $ 804 Other foreign currency transactions losses (1,258 ) (871 ) Total foreign exchange losses, net (173 ) (67 ) Other expenses (71 ) (68 ) Other income (expense), net $ (244 ) $ (135 )

Note 3 - Accumulated Other Co_2

Note 3 - Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Available-for-sale debt securities Cash flow hedges Total Balances at December 31, 2020 $ 1,224 $ (1,708 ) $ (484 ) Change in unrealized gains (losses) during the period (501 ) 1,092 591 Net losses (gains) reclassified into income during the period 8 192 200 Income tax benefit (provision) 104 (291 ) (187 ) Net change during the period (389 ) 993 604 Balances at March 31, 2021 $ 835 $ (715 ) $ 120 Balances at December 31, 2019 $ 822 $ 340 $ 1,162 Change in unrealized gains (losses) during the period 455 410 865 Net losses (gains) reclassified into income during the period (110 ) (248 ) (358 ) Income tax benefit (provision) (79 ) (37 ) (116 ) Net change during the period 266 125 391 Balances at March 31, 2020 $ 1,088 $ 465 $ 1,553
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Three Months Ended March 31, 2021 2020 (in thousands) Reclassification of AOCI - Available-for-sale debt securities Other income (expense), net $ (8 ) $ 110 Reclassification of AOCI - Cash flow hedges Revenues (217 ) (249 ) Cost of revenues 5 (5 ) Research and development expenses 17 (16 ) Sales and marketing expenses 1 (1 ) General and administrative expenses 2 (2 ) Total $ (192 ) $ (273 )

Note 4 - Property and Equipme_2

Note 4 - Property and Equipment, Net (Tables)	3 Months Ended
Note 4 - Property and Equipment, Net (Tables)	Mar. 31, 2021
Notes Tables
Property, Plant and Equipment [Table Text Block]	March 31, December 31, 2021 2020 (in thousands) Computer equipment $ 141,072 $ 136,286 Computer software 26,157 26,164 Leasehold improvements 21,107 21,107 Scanner appliances 17,348 16,749 Furniture, fixtures and equipment 6,703 6,599 Finance leases - right of use asset 3,503 3,503 Total property and equipment 215,890 210,408 Less: accumulated depreciation and amortization (151,747 ) (145,558 ) Property and equipment, net $ 64,143 $ 64,850

Note 5 - Revenue from Contrac_2

Note 5 - Revenue from Contracts with Customers (Tables)	3 Months Ended
Note 5 - Revenue from Contracts with Customers (Tables)	Mar. 31, 2021
Notes Tables
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]	(in thousands) 2021 (remaining nine months) $ 84,748 2022 82,466 2023 47,585 2024 4,255 2025 1,613 2026 and thereafter 194 Total $ 220,861
Disaggregation of Revenue [Table Text Block]	Three Months Ended March 31, 2021 2020 (in thousands) Direct $ 57,952 $ 50,005 Partner 38,804 36,258 Total $ 96,756 $ 86,263
Contract With Customer, Commission Asset Balances [Table Text Block]	March 31, 2021 December 31, 2020 (in thousands) Commission asset, current $ 3,622 $ 3,459 Commission asset, noncurrent $ 6,886 $ 6,906

Note 6 - Intangible Assets, N_2

Note 6 - Intangible Assets, Net (Tables)	3 Months Ended
Note 6 - Intangible Assets, Net (Tables)	Mar. 31, 2021
Notes Tables
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]	March 31, 2021 Weighted Weighted Average Average Life Remaining Accumulated Net Book (in thousands) (Years) Life (Years) Cost Amortization Value Developed technology 4.4 1.5 $ 27,356 $ (17,709 ) $ 9,647 Patent licenses 14.0 3.4 1,387 (1,046 ) 341 Non-compete agreements 2.0 1.3 500 (167 ) 333 Total intangibles subject to amortization $ 29,243 $ (18,922 ) 10,321 Intangible assets not subject to amortization 40 Total intangible assets, net $ 10,361 December 31, 2020 Weighted Weighted Average Average Life Remaining Accumulated Net Book (in thousands) (Years) Life (Years) Cost Amortization Value Developed technology 4.4 1.8 $ 27,356 $ (16,152 ) $ 11,204 Patent licenses 14.0 3.7 1,387 (1,021 ) 366 Non-compete agreements 2.0 1.6 500 (104 ) 396 Total intangibles subject to amortization $ 29,243 $ (17,277 ) 11,966 Intangible assets not subject to amortization 40 Total intangible assets, net $ 12,006
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Amortization Expense (in thousands) 2021 (remaining nine months) $ 4,936 2022 4,823 2023 350 2024 212 Total expected future amortization expense $ 10,321

Note 7 - Leases (Tables)

Note 7 - Leases (Tables)	3 Months Ended
Note 7 - Leases (Tables)	Mar. 31, 2021
Notes Tables
Lessee, Operating Lease, Supplemental Cash Flow Disclosure [Table Text Block]	Three Months Ended March 31, 2021 2020 (in thousands) Cash payments included in the measurement of lease liabilities: $ 3,308 $ 2,791 Lease liabilities arising from obtaining right-of-use assets: $ 39 $ 562
Lessee, Weighted Average Remaining Lease Term and Weighted Average Discount Rate [Table Text Block]	March 31, 2021 December 31, 2020 Weighted average remaining lease term (years) 3.9 4.1 Weighted average discount rates 4.8 % 4.8 %

Note 9 - Stockholders' Equity_2

Note 9 - Stockholders' Equity and Stock-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	Three Months Ended March 31, 2021 2020 (in thousands) Cost of revenues $ 875 $ 614 Research and development 2,215 3,437 Sales and marketing 1,628 1,560 General and administrative 33,484 4,386 Total stock-based compensation $ 38,202 $ 9,997
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Weighted Average Weighted Remaining Outstanding Average Contractual Aggregate Options Exercise Price Life (Years) Intrinsic Value (in thousands) Balance as of December 31, 2020 2,215,442 $ 59.07 6.5 $ 139,121 Granted 86,150 $ 124.64 Exercised (69,239 ) $ 32.69 Canceled (30,229 ) $ 95.57 Balance as of March 31, 2021 2,202,124 $ 61.97 5.1 $ 97,555 Vested and expected to vest - March 31, 2021 2,059,134 $ 59.05 4.8 $ 96,419 Exercisable - March 31, 2021 1,632,597 $ 48.58 3.8 $ 91,751
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	Weighted Average Grant Outstanding Date Fair Value RSUs Per Share Balance as of December 31, 2020 1,046,702 $ 86.78 Granted 70,590 $ 122.04 Vested (304,828 ) $ 85.29 Canceled (59,408 ) $ 62.79 Balance as of March 31, 2021 753,056 $ 92.58 Outstanding and expected to vest - March 31, 2021 663,811 $ 91.14

Note 10 - Net Income Per Share

Note 10 - Net Income Per Share (Tables)	3 Months Ended
Note 10 - Net Income Per Share (Tables)	Mar. 31, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, 2021 2020 (in thousands, except per share data) Numerator: Net income $ 228 $ 18,694 Denominator: Basic weighted average shares 39,209 39,112 Effect of potentially dilutive shares: Common stock options 870 1,423 Restricted stock units 351 311 Diluted weighted average shares 40,430 40,846 Net income per share: Basic $ 0.01 $ 0.48 Diluted $ 0.01 $ 0.46
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three Months Ended March 31, 2021 2020 (in thousands) Common stock options 373 582 Restricted stock units 40 66 Total anti-dilutive shares 413 648

Note 12 - Segment Information_2

Note 12 - Segment Information and Information About Geographic Area (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	Three Months Ended March 31, 2021 2020 (in thousands) United States $ 60,132 $ 54,963 Foreign 36,624 31,300 Total revenues $ 96,756 $ 86,263 March 31, December 31, 2021 2020 (in thousands) United States $ 42,947 $ 43,791 India 12,306 12,465 Rest of world 8,890 8,594 Total property and equipment, net $ 64,143 $ 64,850

Note 1 - Description of Busin_2

Note 1 - Description of Business and Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Mar. 31, 2021
Capitalized Contract Cost, Amortization Period (Year)		5 years
Proceeds from Dividends Received	$ 0
Preferred Stock [Member]
Investments, Total	2,500
Other than Temporary Impairment Losses, Investments, Total	$ 0

Note 2 - Fair Value of Financ_3

Note 2 - Fair Value of Financial Instruments (Details Textual) Pure in Thousands, € in Millions, ₨ in Millions, £ in Millions, $ in Millions	Mar. 31, 2021USD ($)	Mar. 31, 2021EUR (€)	Mar. 31, 2021GBP (£)	Mar. 31, 2021INR (₨)	Dec. 31, 2020EUR (€)	Dec. 31, 2020GBP (£)	Dec. 31, 2020INR (₨)
Marketable Securities In Unrealized Loss Positions, More Than 12 Months Qualitative Disclosure, Number Of Positions	0	0	0	0	0	0	0
Foreign Exchange Contract [Member] \| Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member]
Derivative, Notional Amount		€ 23.2	£ 8.3	₨ 2,200.7	€ 25.9	£ 8.7	₨ 1,933.5
Foreign Exchange Contract [Member] \| Not Designated as Hedging Instrument [Member]
Derivative, Notional Amount		€ 20.9	£ 6.5	₨ 35.4	€ 17.7	£ 6.5	₨ 32.8
Foreign Exchange Contracts for GBP and Euro [Member] \| Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member]
Foreign Currency Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months	$ (1.5)
Foreign Exchange Contracts for INR [Member] \| Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member]
Foreign Currency Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months	$ 0.5

Note 2 - Fair Value of Financ_4

Note 2 - Fair Value of Financial Instruments - Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Cash and cash equivalents	$ 108,753	$ 74,132
Short-term marketable securities, amortization cost	247,583	281,346
Unrealized gains, short-term securities	399	557
Short-term marketable securities, unrealized loss	0	(11)
Short-term marketable securities	247,982	281,892
Long-term marketable securities, amortization cost	100,777	97,414
Unrealized gains, long-term securities	741	1,047
Long-term marketable securities, unrealized loss	(44)	(3)
Long-term marketable securities	101,474	98,458
Cash and cash equivalents and marketable securities, amortization cost	457,113	452,892
Unrealized gains, securities	1,140	1,604
Unrealized loss, securities	(44)	(14)
Cash and cash equivalents and short-term and long-term Marketable Securities, fair value	458,209	454,482
Commercial Paper, Not Included with Cash and Cash Equivalents [Member]
Short-term marketable securities, amortization cost	10,946	6,147
Unrealized gains, short-term securities	0	0
Short-term marketable securities, unrealized loss	0	0
Short-term marketable securities	10,946	6,147
Corporate Debt Securities [Member]
Short-term marketable securities, amortization cost	21,821	24,368
Unrealized gains, short-term securities	147	170
Short-term marketable securities, unrealized loss	0	0
Short-term marketable securities	21,968	24,538
Long-term marketable securities, amortization cost	62,515	51,068
Unrealized gains, long-term securities	614	839
Long-term marketable securities, unrealized loss	(33)	0
Long-term marketable securities	63,096	51,907
Asset-backed Securities [Member]
Short-term marketable securities, amortization cost	3,092	6,263
Unrealized gains, short-term securities	7	18
Short-term marketable securities, unrealized loss	0	0
Short-term marketable securities	3,099	6,281
Long-term marketable securities, amortization cost	26,253	38,456
Unrealized gains, long-term securities	88	160
Long-term marketable securities, unrealized loss	(10)	(3)
Long-term marketable securities	26,331	38,613
US Government Agencies Debt Securities [Member]
Short-term marketable securities, amortization cost	211,724	244,568
Unrealized gains, short-term securities	245	369
Short-term marketable securities, unrealized loss	0	(11)
Short-term marketable securities	211,969	244,926
Long-term marketable securities, amortization cost	11,008	6,884
Unrealized gains, long-term securities	12	17
Long-term marketable securities, unrealized loss	(1)	0
Long-term marketable securities	11,019	6,901
Foreign Government Agencies [Member]
Long-term marketable securities, amortization cost	1,001	1,006
Unrealized gains, long-term securities	27	31
Long-term marketable securities, unrealized loss	0	0
Long-term marketable securities	1,028	1,037
Cash [Member]
Cash and cash equivalents	36,632	33,105
Money Market Funds [Member]
Cash and cash equivalents	67,922	38,028
Commercial Paper [Member]
Cash and cash equivalents	$ 4,199	$ 2,999

Note 2 - Fair Value of Financ_5

Note 2 - Fair Value of Financial Instruments - Fair Value Hierarchy (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Money market funds	$ 67,922	$ 38,028
Commercial paper	15,145	9,146
U.S. government agencies	222,988	251,827
Foreign government agencies	1,028	1,037
Corporate bonds	85,064	76,445
Asset-backed securities	29,430	44,894
Total	421,577	421,377
Fair Value, Inputs, Level 1 [Member]
Money market funds	67,922	38,028
Commercial paper	0	0
U.S. government agencies	0	0
Foreign government agencies	0	0
Corporate bonds	0	0
Asset-backed securities	0	0
Total	67,922	38,028
Fair Value, Inputs, Level 2 [Member]
Money market funds	0	0
Commercial paper	15,145	9,146
U.S. government agencies	222,988	251,827
Foreign government agencies	1,028	1,037
Corporate bonds	85,064	76,445
Asset-backed securities	29,430	44,894
Total	$ 353,655	$ 383,349

Note 2 - Fair Value of Financ_6

Note 2 - Fair Value of Financial Instruments - Summary of the Fair Value of Marketable Securities (Details) $ in Thousands	Mar. 31, 2021USD ($)
Available-for-sale Securities, Debt and Equity Maturities, Next Twelve Months, Fair Value	$ 252,181
Available-for-sale Securities, Debt and Equity Maturities, Year One through Two, Fair Value	68,014
Available-for-sale Securities, Debt and Equity Maturities, Year over two years, Fair Value	33,460
Debt Securities, Available-for-sale	353,655
Commercial Paper [Member]
Available-for-sale Securities, Debt and Equity Maturities, Next Twelve Months, Fair Value	15,145
Available-for-sale Securities, Debt and Equity Maturities, Year One through Two, Fair Value	0
Available-for-sale Securities, Debt and Equity Maturities, Year over two years, Fair Value	0
Debt Securities, Available-for-sale	15,145
US Government Agencies Debt Securities [Member]
Available-for-sale Securities, Debt and Equity Maturities, Next Twelve Months, Fair Value	211,969
Available-for-sale Securities, Debt and Equity Maturities, Year One through Two, Fair Value	11,019
Available-for-sale Securities, Debt and Equity Maturities, Year over two years, Fair Value	0
Debt Securities, Available-for-sale	222,988
Foreign Government Agencies [Member]
Available-for-sale Securities, Debt and Equity Maturities, Next Twelve Months, Fair Value	0
Available-for-sale Securities, Debt and Equity Maturities, Year One through Two, Fair Value	1,028
Available-for-sale Securities, Debt and Equity Maturities, Year over two years, Fair Value	0
Debt Securities, Available-for-sale	1,028
Corporate Bond Securities [Member]
Available-for-sale Securities, Debt and Equity Maturities, Next Twelve Months, Fair Value	21,968
Available-for-sale Securities, Debt and Equity Maturities, Year One through Two, Fair Value	43,855
Available-for-sale Securities, Debt and Equity Maturities, Year over two years, Fair Value	19,241
Debt Securities, Available-for-sale	85,064
Asset-backed Securities [Member]
Available-for-sale Securities, Debt and Equity Maturities, Next Twelve Months, Fair Value	3,099
Available-for-sale Securities, Debt and Equity Maturities, Year One through Two, Fair Value	12,112
Available-for-sale Securities, Debt and Equity Maturities, Year over two years, Fair Value	14,219
Debt Securities, Available-for-sale	$ 29,430

Note 2 - Fair Value of Financ_7

Note 2 - Fair Value of Financial Instruments - Summary of Derivative Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Foreign currency forward contracts	$ 1,868	$ 538
Foreign currency forward contracts	(1,038)	(3,877)
Designated as Hedging Instrument [Member]
Foreign currency forward contracts	1,015	511
Foreign currency forward contracts	(877)	(2,200)
Not Designated as Hedging Instrument [Member]
Foreign currency forward contracts	853	27
Foreign currency forward contracts	$ (161)	$ (1,677)

Note 2 - Fair Value of Financ_8

Note 2 - Fair Value of Financial Instruments - Amounts Recognized In Statement Of Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net gains from non-designated forward contracts	$ 1,085	$ 804
Other foreign currency transactions losses	(1,258)	(871)
Total foreign exchange losses, net	(173)	(67)
Other expenses	(71)	(68)
Other income (expense), net	$ (244)	$ (135)

Note 3 - Accumulated Other Co_3

Note 3 - Accumulated Other Comprehensive Income (Loss) - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Balance	$ 404,482	$ 386,803
Net change during the period	604	391
Balance	397,108	386,730
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Balance	1,224	822
Change in unrealized gains (losses) during the period	(501)	455
Net losses (gains) reclassified into income during the period	8	(110)
Income tax benefit (provision)	104	79
Net change during the period	(389)	266
Income tax benefit (provision)	(104)	(79)
Balance	835	1,088
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Balance	(1,708)	340
Change in unrealized gains (losses) during the period	1,092	410
Net losses (gains) reclassified into income during the period	192	(248)
Income tax benefit (provision)	(291)	37
Net change during the period	993	125
Income tax benefit (provision)	291	(37)
Balance	(715)	465
AOCI Attributable to Parent [Member]
Balance	(484)	1,162
Change in unrealized gains (losses) during the period	591	865
Net losses (gains) reclassified into income during the period	200	(358)
Income tax benefit (provision)	(187)	116
Net change during the period	604	391
Income tax benefit (provision)	187	(116)
Balance	$ 120	$ 1,553

Note 3 - Accumulated Other Co_4

Note 3 - Accumulated Other Comprehensive Income (Loss) - Amounts Reclassified from AOCI (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Other income (expense), net	$ 244	$ 135
Revenues	96,756	86,263
Cost of revenues	21,680	18,495
Research and development	17,749	17,983
Sales and marketing	17,989	18,230
General and administrative	42,043	11,124
Total	(2,207)	22,217
Reclassification out of Accumulated Other Comprehensive Income [Member] \| AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Other income (expense), net	(8)	110
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Revenues	(217)	(249)
Cost of revenues	5	(5)
Research and development	17	(16)
Sales and marketing	1	(1)
General and administrative	2	(2)
Total	$ (192)	$ (273)

Note 4 - Property and Equipme_3

Note 4 - Property and Equipment, Net (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Property, Plant and Equipment, Net, Ending Balance	$ 64,143	$ 64,850	$ 64,850
Depreciation, Depletion And Amortization, Excluding Intangible Asset Amortization	7,300	$ 6,100
Scanner Appliances and Other Computer Equipment Subject To Subscription [Member]
Property, Plant and Equipment, Net, Ending Balance	7,300		7,500
Scanner Appliances and Other Computer Equipment Not Placed In Service [Member]
Property, Plant and Equipment, Net, Ending Balance	$ 1,700		$ 1,900

Note 4 - Property and Equipme_4

Note 4 - Property and Equipment, Net - Property and Equipment, Net (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Property and equipment and finance lease	$ 215,890	$ 210,408
Less: accumulated depreciation and amortization	(151,747)	(145,558)
Property and equipment and finance lease, net	64,143	64,850	$ 64,850
Computer Equipment [Member]
Property and equipment and finance lease	141,072	136,286
Computer Software, Intangible Asset [Member]
Property and equipment and finance lease	26,157	26,164
Leasehold Improvements [Member]
Property and equipment and finance lease	21,107	21,107
Scanner Appliances [Member]
Property and equipment and finance lease	17,348	16,749
Furniture and Fixtures [Member]
Property and equipment and finance lease	6,703	6,599
Assets Held under Capital Leases [Member]
Property and equipment and finance lease	$ 3,503	$ 3,503

Note 5 - Revenue from Contrac_3

Note 5 - Revenue from Contracts with Customers (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Contract with Customer, Liability, Revenue Recognized	$ 83,500	$ 73,800
Amortization of Deferred Sales Commissions	900	700
Capitalized Contract Cost, Impairment Loss	$ 0	$ 0

Note 5 - Revenue from Contrac_4

Note 5 - Revenue from Contracts with Customers - Expected Revenue from All Remaining Performance Obligations (Details) $ in Thousands	Mar. 31, 2021USD ($)
Remaining performance obligations	$ 220,861

Note 5 - Revenue from Contrac_5

Note 5 - Revenue from Contracts with Customers - Expected Revenue from All Remaining Performance Obligations 2 (Details) $ in Thousands	Mar. 31, 2021USD ($)
Remaining performance obligations	$ 220,861
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-04-01
Remaining performance obligations, period (Year)	9 months
Remaining performance obligations	$ 84,748
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Remaining performance obligations, period (Year)	1 year
Remaining performance obligations	$ 82,466
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Remaining performance obligations, period (Year)	1 year
Remaining performance obligations	$ 47,585
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Remaining performance obligations, period (Year)	1 year
Remaining performance obligations	$ 4,255
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Remaining performance obligations, period (Year)	1 year
Remaining performance obligations	$ 1,613
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Remaining performance obligations, period (Year)	1 year
Remaining performance obligations	$ 194

Note 5 - Revenue from Contrac_6

Note 5 - Revenue from Contracts with Customers - Revenue by Sales Channel (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Revenues	$ 96,756	$ 86,263
Sales Channel, Directly to Consumer [Member]
Revenues	57,952	50,005
Sales Channel, Through Intermediary [Member]
Revenues	$ 38,804	$ 36,258

Note 5 - Revenue from Contrac_7

Note 5 - Revenue from Contracts with Customers - Capitalized Cost to Obtain Contracts, Current and Noncurrent (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Commission asset, current	$ 3,622	$ 3,459
Commission asset, noncurrent	$ 6,886	$ 6,906

Note 6 - Intangible Assets, N_3

Note 6 - Intangible Assets, Net (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Amortization of Intangible Assets, Total	$ 1.6	$ 1.5

Note 6 - Intangible Assets, N_4

Note 6 - Intangible Assets, Net - Carrying Value of Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Cost	$ 29,243	$ 29,243
Amortization of intangible assets	(18,922)	(17,277)
Net Book Value	10,321	11,966
Intangible assets, net	10,361	12,006
Intangible Assets Not Subject to Amortization [Member]
Intangible assets not subject to amortization	$ 40	$ 40
Developed Technology Rights [Member]
Weighted Average Life (Year)	4 years 4 months 24 days	4 years 4 months 24 days
Weighted Average Remaining Life (Year)	1 year 6 months	1 year 9 months 18 days
Cost	$ 27,356	$ 27,356
Amortization of intangible assets	(17,709)	(16,152)
Net Book Value	$ 9,647	$ 11,204
Patents [Member]
Weighted Average Life (Year)	14 years	14 years
Weighted Average Remaining Life (Year)	3 years 4 months 24 days	3 years 8 months 12 days
Cost	$ 1,387	$ 1,387
Amortization of intangible assets	(1,046)	(1,021)
Net Book Value	$ 341	$ 366
Noncompete Agreements [Member]
Weighted Average Life (Year)	2 years	2 years
Weighted Average Remaining Life (Year)	1 year 3 months 18 days	1 year 7 months 6 days
Cost	$ 500	$ 500
Amortization of intangible assets	(167)	(104)
Net Book Value	$ 333	$ 396

Note 6 - Intangible Assets, N_5

Note 6 - Intangible Assets, Net - Expected Amortization Expense in Future Periods (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
2021 (remaining nine months)	$ 4,936
2022	4,823
2023	350
2024	212
Total expected future amortization expense	$ 10,321	$ 11,966

Note 7 - Leases (Details Textua

Note 7 - Leases (Details Textual) - USD ($) $ in Millions	3 Months Ended
Note 7 - Leases (Details Textual) - USD ($) $ in Millions	Mar. 31, 2021	Mar. 31, 2020
Operating Lease, Expense	$ 3.6	$ 4.4

Note 7 - Leases - Supplemental

Note 7 - Leases - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash payments included in the measurement of lease liabilities:	$ 3,308	$ 2,791
Lease liabilities arising from obtaining right-of-use assets:	$ 39	$ 562

Note 7 - Leases - Weighted Aver

Note 7 - Leases - Weighted Average Remaining Lease Term and Weighted Average Discount Rate (Details)	Mar. 31, 2021	Dec. 31, 2020
Weighted average remaining lease term (years) (Year)	3 years 10 months 24 days	4 years 1 month 6 days
Weighted average discount rates	4.80%	4.80%

Note 9 - Stockholders' Equity_3

Note 9 - Stockholders' Equity and Stock-based Compensation (Details Textual) $ in Millions

Mar. 19, 2021shares

Feb. 10, 2021USD ($)

Dec. 10, 2020shares

May 07, 2020USD ($)

Nov. 02, 2019shares

Oct. 30, 2019USD ($)

Dec. 21, 2018shares

Oct. 30, 2018USD ($)

Feb. 05, 2018USD ($)

Feb. 28, 2021shares

Feb. 29, 2020shares

Mar. 31, 2021USD ($)shares

Share-based Payment Arrangement, Accelerated Cost | $

$ 27.3

Stock Repurchase Program, Authorized Amount | $

$ 500

$ 100

$ 170.8

Stock Repurchase Program, Period in Force (Year)

2 years

Stock Repurchase Program, Additional Authorized Amount | $

$ 100

Stock Repurchased and Retired During Period, Shares (in shares)

269,000

Stock Repurchased and Retired During Period, Value | $

$ 31

Share-based Payment Arrangement, Option [Member]

Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total | $

$ 13.6

Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)

2 years 8 months 12 days

Share-based Payment Arrangement, Option [Member] | Performance Shares [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)

223,744

123,856

Share-based Compensation Arrangement by Share-based Payment Award, Accelerated Vesting, Number (in shares)

347,600

Restricted Stock Units (RSUs) [Member]

Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total | $

$ 54.4

Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)

2 years 9 months 18 days

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)

304,828

Restricted Stock Units (RSUs) [Member] | Time based Shared Based Compensation [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)

69,401

48,683

Share based Compensation Arrangement by Share based Payment Award, Vesting Period, Number Of Quarterly Periods

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)

56,250

Share-based Compensation Arrangement by Share-based Payment Award, Accelerated Vesting, Number (in shares)

126,659

Restricted Stock Units (RSUs) [Member] | Performance Shares [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)

33,089

33,088

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares)

22,060

14,684

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)

3 years

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

33.33%

Share-Based Compensation Arrangement By Share-based Payment Award, Equity Instruments Other Than Options, Target Number Of Shares (in shares)

11,030

Share-based Compensation Termination Period Trigger (Month)

12 months

Share-Based Compensation, Percentage Of Shares That Will Vest Upon Trigger

100.00%

Share-Based Compensation Arrangement By Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period As A Percentage Of Target

200.00%

135.00%

Share-based Compensation Arrangement by Share-based Payment Award, Accelerated Vesting, Number (in shares)

44,119

Maximum [Member] | Share-based Payment Arrangement, Option [Member] | Performance Shares [Member]