Document_and_Entity_Informatio
Document and Entity Information | 6 Months Ended | |||
Jun. 30, 2014 | Jul. 15, 2014 | Jul. 15, 2014 | Jul. 15, 2014 | |
Common Class A [Member] | Common Class B [Member] | Common Class C [Member] | ||
Document Information [Line Items] | ' | ' | ' | ' |
Document Type | '10-Q | ' | ' | ' |
Amendment Flag | 'false | ' | ' | ' |
Document Period End Date | 30-Jun-14 | ' | ' | ' |
Document Fiscal Year Focus | '2014 | ' | ' | ' |
Document Fiscal Period Focus | 'Q2 | ' | ' | ' |
Trading Symbol | 'ZNGA | ' | ' | ' |
Entity Registrant Name | 'ZYNGA INC | ' | ' | ' |
Entity Central Index Key | '0001439404 | ' | ' | ' |
Current Fiscal Year End Date | '--12-31 | ' | ' | ' |
Entity Filer Category | 'Large Accelerated Filer | ' | ' | ' |
Entity Common Stock, Shares Outstanding | ' | 753,733,935 | 121,608,864 | 20,517,472 |
Consolidated_Balance_Sheets
Consolidated Balance Sheets (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Current assets: | ' | ' |
Cash and cash equivalents | $135,628 | $465,523 |
Marketable securities | 591,610 | 659,973 |
Accounts receivable, net of allowance of $0 at June 30, 2014 and December 31, 2013 | 84,005 | 65,667 |
Income tax receivable | 8,222 | 6,943 |
Deferred tax assets | 3,698 | 16,293 |
Restricted cash | 50,550 | 3,493 |
Other current assets | 28,938 | 23,507 |
Total current assets | 902,651 | 1,241,399 |
Long-term marketable securities | 421,970 | 416,474 |
Goodwill | 693,814 | 227,989 |
Other intangible assets, net | 85,893 | 18,282 |
Property and equipment, net | 317,258 | 348,793 |
Other long-term assets | 21,021 | 26,148 |
Total assets | 2,442,607 | 2,279,085 |
Current liabilities: | ' | ' |
Accounts payable | 22,942 | 20,973 |
Other current liabilities | 129,529 | 68,866 |
Deferred revenue | 199,545 | 186,663 |
Total current liabilities | 352,016 | 276,502 |
Deferred revenue | 5,578 | 3,252 |
Deferred tax liabilities | 9,568 | ' |
Other non-current liabilities | 105,761 | 122,060 |
Total liabilities | 472,923 | 401,814 |
Stockholders' equity: | ' | ' |
Common stock, $0.00000625 par value, and additional paid in capital - authorized shares: 2,020,517; shares outstanding: 890,194 shares (Class A, 748,027, Class B, 121,650, Class C, 20,517) as of June 30, 2014 and 832,309 (Class A, 685,554, Class B, 126,238, Class C, 20,517) as of December 31, 2013 | 3,022,193 | 2,823,743 |
Accumulated other comprehensive income (loss) | 17,130 | -1,046 |
Accumulated deficit | -1,069,639 | -945,426 |
Total stockholders' equity | 1,969,684 | 1,877,271 |
Total liabilities and stockholders' equity | $2,442,607 | $2,279,085 |
Consolidated_Balance_Sheets_Pa
Consolidated Balance Sheets (Parenthetical) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, except Per Share data, unless otherwise specified | ||
Accounts receivable, allowance | $0 | $0 |
Common stock, par value | $0.00 | $0.00 |
Common stock, shares authorized | 2,020,517 | 2,020,517 |
Common stock, shares outstanding | 890,194 | 832,309 |
Common Class A [Member] | ' | ' |
Common stock, shares outstanding | 748,027 | 685,554 |
Common Class B [Member] | ' | ' |
Common stock, shares outstanding | 121,650 | 126,238 |
Common Class C [Member] | ' | ' |
Common stock, shares outstanding | 20,517 | 20,517 |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Revenue: | ' | ' | ' | ' |
Online game | $130,966 | $203,326 | $263,236 | $432,892 |
Advertising and other | 22,266 | 27,409 | 58,016 | 61,432 |
Total revenue | 153,232 | 230,735 | 321,252 | 494,324 |
Costs and expenses: | ' | ' | ' | ' |
Cost of revenue | 51,288 | 61,077 | 104,792 | 130,471 |
Research and development | 93,722 | 124,322 | 191,306 | 253,503 |
Sales and marketing | 41,608 | 31,163 | 71,461 | 58,470 |
General and administrative | 32,831 | 44,541 | 90,167 | 87,181 |
Total costs and expenses | 219,449 | 261,103 | 457,726 | 529,625 |
Income (loss) from operations | -66,217 | -30,368 | -136,474 | -35,301 |
Interest income | 776 | 1,105 | 1,646 | 2,268 |
Other income (expense), net | 896 | -4,531 | 2,021 | -5,394 |
Income (loss) before income taxes | -64,545 | -33,794 | -132,807 | -38,427 |
Provision for (benefit from) income taxes | -2,012 | -17,989 | -9,091 | -26,755 |
Net income (loss) | ($62,533) | ($15,805) | ($123,716) | ($11,672) |
Net income (loss) per share: | ' | ' | ' | ' |
Basic | ($0.07) | ($0.02) | ($0.14) | ($0.01) |
Diluted | ($0.07) | ($0.02) | ($0.14) | ($0.01) |
Weighted average common shares used to compute net income (loss) per share: | ' | ' | ' | ' |
Basic | 872,784 | 793,541 | 861,591 | 786,784 |
Diluted | 872,784 | 793,541 | 861,591 | 786,784 |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (Loss) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Statement Of Partners Capital [Abstract] | ' | ' | ' | ' |
Net income (loss) | ($62,533) | ($15,805) | ($123,716) | ($11,672) |
Other comprehensive income (loss): | ' | ' | ' | ' |
Change in foreign currency translation adjustment | 13,060 | -617 | 18,313 | -1,459 |
Net change on unrealized gains (losses) on available-for-sale investments, net of tax | -10 | -1,121 | -137 | -1,428 |
Net change on unrealized gains (losses) on derivative instruments | ' | 2,059 | ' | 2,423 |
Other comprehensive income (loss) | 13,050 | 321 | 18,176 | -464 |
Comprehensive income (loss) | ($49,483) | ($15,484) | ($105,540) | ($12,136) |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (USD $) | 6 Months Ended | |
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 |
Operating activities: | ' | ' |
Net income (loss) | ($123,716) | ($11,672) |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ' | ' |
Depreciation and amortization | 45,270 | 62,919 |
Stock-based expense | 57,173 | 55,810 |
(Gain) loss from sales of investments, assets and other, net | 1,278 | 4,932 |
Tax benefits from stock-based awards | ' | -10,617 |
Excess tax benefits from stock-based awards | ' | 10,617 |
Accretion and amortization on marketable securities | 5,398 | 9,585 |
Deferred income taxes | -9,075 | -16,500 |
Changes in operating assets and liabilities: | ' | ' |
Accounts receivable, net | -10,883 | 32,909 |
Income tax receivable | -1,278 | -228 |
Other assets | -7,892 | 4,527 |
Accounts payable | 1,584 | -1,644 |
Deferred revenue | 14,961 | -76,931 |
Other liabilities | 20,740 | -37,907 |
Net cash provided by (used in) operating activities | -6,440 | 25,800 |
Investing activities: | ' | ' |
Purchases of marketable securities | -470,174 | -623,717 |
Sales of marketable securities | 152,949 | 146,123 |
Maturities of marketable securities | 373,471 | 415,161 |
Acquisition of property and equipment | -4,649 | -6,290 |
Business acquisition, net of cash acquired | -390,993 | -18,054 |
Proceeds from sale of property and equipment | 5,056 | ' |
Restricted cash | ' | 227 |
Other investing activities, net | 700 | -661 |
Net cash provided by (used in) investing activities | -333,640 | -87,211 |
Financing activities: | ' | ' |
Taxes paid related to net share settlement of equity awards | -753 | -667 |
Repurchases of common stock | ' | -2,432 |
Proceeds from exercise of stock options | 7,948 | 3,618 |
Proceeds from employee stock purchase plan | 2,975 | 3,506 |
Excess tax benefits from stock-based awards | ' | -10,617 |
Repayment of debt | ' | -100,000 |
Net cash provided by (used in) financing activities | 10,170 | -106,592 |
Effect of exchange rate changes on cash and cash equivalents | 15 | -614 |
Net increase (decrease) in cash and cash equivalents | -329,895 | -168,617 |
Cash and cash equivalents, beginning of period | 465,523 | 385,949 |
Cash and cash equivalents, end of period | $135,628 | $217,332 |
Overview_and_Summary_of_Signif
Overview and Summary of Significant Accounting Policies | 6 Months Ended |
Jun. 30, 2014 | |
Accounting Policies [Abstract] | ' |
Overview and Summary of Significant Accounting Policies | ' |
1. Overview and Summary of Significant Accounting Policies | |
Organization and Description of Business | |
Zynga Inc. (“Zynga,” “we” or “the Company”) develops, markets, and operates online social games as live services played over the Internet and on social networking sites and mobile platforms. We generate revenue through the in-game sale of virtual goods and through advertising. Our operations are headquartered in San Francisco, California, and we have several operating locations in the U.S. as well as various international office locations in Canada, Asia and Europe. | |
We completed our initial public offering in December 2011 and our Class A common stock is listed on the NASDAQ Global Select Market under the symbol “ZNGA.” | |
Basis of Presentation and Consolidation | |
The accompanying consolidated financial statements are presented in accordance with United States generally accepted accounting principles (“U.S. GAAP”). The consolidated financial statements include the operations of us and our wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in the consolidation. | |
Unaudited Interim Financial Information | |
The accompanying interim consolidated balance sheet as of June 30, 2014, the interim consolidated statements of operations and, the interim consolidated statements of comprehensive income (loss) for the three and six months ended June 30, 2014 and 2013, and the interim consolidated statements of cash flows for the six months ended June 30, 2014 and 2013 and the related footnote disclosures are unaudited. These unaudited consolidated interim financial statements have been prepared in accordance with U.S. GAAP. In management’s opinion, the unaudited consolidated interim financial statements have been prepared on the same basis as the audited consolidated financial statements and include all adjustments of a normal recurring nature necessary for the fair presentation of the Company’s statement of financial position and operating results for the periods presented. The results for the three and six months ended June 30, 2014 are not necessarily indicative of the results expected for the full fiscal year or any other future period. | |
Use of Estimates | |
The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts in the consolidated financial statements and notes thereto. Significant estimates and assumptions reflected in the financial statements include, but are not limited to, the estimated lives of virtual goods that we use for revenue recognition, useful lives of property and equipment and intangible assets, accrued liabilities, income taxes, accounting for business combinations, stock-based expense and evaluation of goodwill, intangible assets, and long-lived assets for impairment. Actual results could differ materially from those estimates. | |
Changes in our estimated average life of durable virtual goods during the three and six months ended June 30, 2014 for various games resulted in a decrease in revenue and income from continuing operations of $2.2 million and $1.5 million, respectively, which is the result of adjusting the remaining recognition period of deferred revenue generated in prior periods at the time of a change in estimate. These changes in estimates did not impact our reported earnings per share for the three and six months ended June 30, 2014. | |
Accounting Policy Updates | |
The accompanying interim consolidated financial statements and these related notes should be read in conjunction with the consolidated financial statements and related notes included in our Annual Report on Form 10-K for the year ended December 31, 2013. | |
In June 2013, the Financial Accounting Standards Board ratified Accounting Standards Update 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists” which concludes an unrecognized tax benefit should be presented as a reduction of a deferred tax asset when settlement in this manner is available under the tax law. We adopted this amendment in the first quarter of 2014, which resulted in a reduction of non-current liabilities of $33.3 million. | |
In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers,” which requires revenue to be recognized when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. ASU 2014-09 supersedes the existing revenue recognition guidance in “Revenue Recognition (Topic 605)” and is effective in the first quarter of 2017. Early adoption is not permitted. We are currently in the process of evaluating the impact of the adoption of ASU 2014-09 on our consolidated financial statements. |
Marketable_Securities
Marketable Securities | 6 Months Ended | ||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||
Investments Debt And Equity Securities [Abstract] | ' | ||||||||||||||||
Marketable Securities | ' | ||||||||||||||||
2. Marketable Securities | |||||||||||||||||
The following tables summarize our amortized cost, gross unrealized gains and losses and fair value of our available-for-sale investments in marketable securities (in thousands): | |||||||||||||||||
June 30, 2014 | |||||||||||||||||
Gross | Gross | ||||||||||||||||
Amortized | Unrealized | Unrealized | Aggregate | ||||||||||||||
Cost | Gains | Losses | Fair Value | ||||||||||||||
U.S. government and government agency debt securities | $ | 413,192 | $ | 191 | $ | (142 | ) | $ | 413,241 | ||||||||
Corporate debt securities | 597,926 | 236 | (210 | ) | 597,952 | ||||||||||||
Municipal securities | 2,386 | 1 | — | 2,387 | |||||||||||||
Total | $ | 1,013,504 | $ | 428 | $ | (352 | ) | $ | 1,013,580 | ||||||||
31-Dec-13 | |||||||||||||||||
Gross | Gross | ||||||||||||||||
Amortized | Unrealized | Unrealized | Aggregate | ||||||||||||||
Cost | Gains | Losses | Fair Value | ||||||||||||||
U.S. government and government agency debt securities | $ | 333,632 | $ | 160 | $ | (51 | ) | $ | 333,741 | ||||||||
Corporate debt securities | 731,225 | 356 | (257 | ) | 731,324 | ||||||||||||
Municipal securities | 11,376 | 6 | — | 11,382 | |||||||||||||
Total | $ | 1,076,233 | $ | 522 | $ | (308 | ) | $ | 1,076,447 | ||||||||
For more detail on our method for determining the fair value of our assets, see Note 3 – “Fair Value Measurements” | |||||||||||||||||
The estimated fair value of available-for-sale marketable securities, classified by their contractual maturities was as follows (in thousands): | |||||||||||||||||
June 30, 2014 | |||||||||||||||||
Due within one year | $ | 591,610 | |||||||||||||||
After one year through three years | 421,970 | ||||||||||||||||
Total | $ | 1,013,580 | |||||||||||||||
Changes in market interest rates and bond yields cause certain of our investments to fall below their cost basis, resulting in unrealized losses on marketable securities. As of June 30, 2014, we had unrealized losses of $0.4 million related to marketable securities that had a fair value of $447.9 million. As of December 31, 2013, we had unrealized losses of $0.3 million related to marketable securities that had a fair value of $240.9 million. None of these securities were in a continuous unrealized loss position for more than 12 months. | |||||||||||||||||
As of June 30, 2014 and December 31, 2013, we did not consider any of our marketable securities to be other-than-temporarily impaired. When evaluating our investments for other-than-temporary impairment, we review factors such as the length of time and extent to which fair value has been below its cost basis, the financial condition of the issuer, our ability and intent to hold the security and whether it is more likely than not that we will be required to sell the investment before recovery of its cost basis. |
Fair_Value_Measurements
Fair Value Measurements | 6 Months Ended | ||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Value Measurements | ' | ||||||||||||||||
3. Fair Value Measurements | |||||||||||||||||
Our financial instruments consist of cash equivalents, short-term and long-term marketable securities and accounts receivable. Accounts receivable, net is stated at its carrying value, which approximates fair value. | |||||||||||||||||
Cash equivalents and short-term and long-term marketable securities, consisting of money market funds, U.S. government and government agency debt securities, municipal securities and corporate debt securities, are carried at fair value, which is defined as an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between knowledgeable and willing market participants. | |||||||||||||||||
Our contingent consideration liability represents the estimated fair value of the additional consideration payable in connection with our acquisition of Spooky Cool Labs LLC. The amount payable is contingent upon the achievement of certain performance milestones for each of the years ended June 30, 2014 and June 30, 2015. Under the terms of the agreement the maximum amount that could be earned is $100 million. As of June 30, 2014, based on our updated assessment of Spooky Cool’s expected performance, the maximum currently achievable amount is $60 million. | |||||||||||||||||
We initially estimated the acquisition date fair value of the contingent consideration payable using probability-weighted discounted cash flow models, and applied a discount rate that appropriately captured a market participant’s view of the risk associated with the obligations. In the second quarter of 2014, we updated this analysis based on our updated projections and recorded the change in estimated fair value of the contingent consideration liability as an expense of approximately $12.1 million within research and development expense in our consolidated statement of operations. The significant unobservable inputs used in the fair value measurement of the acquisition-related contingent consideration payable are forecasted future cash flows and the timing of those cash flows. Significant changes in actual and forecasted future cash flows may result in significant charges or benefits to our future operating expenses. | |||||||||||||||||
Fair value is a market-based measurement that should be determined based on assumptions that knowledgeable and willing market participants would use in pricing an asset or liability. We use a three-tier value hierarchy, which prioritizes the inputs used in measuring fair value as follows: | |||||||||||||||||
Level 1 — Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. | |||||||||||||||||
Level 2 — Includes inputs, other than Level 1 inputs, that are directly or indirectly observable in the marketplace. | |||||||||||||||||
Level 3 — Unobservable inputs that are supported by little or no market activity. | |||||||||||||||||
The composition of our financial instruments among the three Levels of the fair value hierarchy are as follows (in thousands): | |||||||||||||||||
June 30, 2014 | |||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Assets: | |||||||||||||||||
Money market funds (1) | $ | 912 | $ | — | $ | — | $ | 912 | |||||||||
U.S. government and government agency debt securities | — | 413,241 | — | 413,241 | |||||||||||||
Corporate debt securities | — | 597,952 | — | 597,952 | |||||||||||||
Municipal securities | — | 2,387 | — | 2,387 | |||||||||||||
Total | $ | 912 | $ | 1,013,580 | $ | — | $ | 1,014,492 | |||||||||
Liabilities: | |||||||||||||||||
Contingent consideration | $ | — | $ | — | $ | 25,070 | $ | 25,070 | |||||||||
31-Dec-13 | |||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Assets: | |||||||||||||||||
Money market funds (1) | $ | 349,421 | $ | — | $ | — | $ | 349,421 | |||||||||
U.S. government and government agency debt securities | — | 333,741 | — | 333,741 | |||||||||||||
Corporate debt securities | — | 731,324 | — | 731,324 | |||||||||||||
Municipal securities | — | 11,382 | — | 11,382 | |||||||||||||
Total | $ | 349,421 | $ | 1,076,447 | $ | — | $ | 1,425,868 | |||||||||
Liabilities: | |||||||||||||||||
Contingent consideration | $ | — | $ | — | $ | 11,720 | $ | 11,720 | |||||||||
-1 | Includes amounts classified as cash and cash equivalents. |
Property_and_Equipment
Property and Equipment | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Property Plant And Equipment [Abstract] | ' | ||||||||
Property and Equipment | ' | ||||||||
4. Property and Equipment | |||||||||
Property and equipment consist of the following (in thousands): | |||||||||
June 30, | December 31, | ||||||||
2014 | 2013 | ||||||||
Computer equipment | $ | 141,637 | $ | 225,063 | |||||
Software | 30,428 | 27,668 | |||||||
Land | 89,130 | 89,130 | |||||||
Building | 194,507 | 192,512 | |||||||
Furniture and fixtures | 10,732 | 11,303 | |||||||
Leasehold improvements | 9,795 | 11,695 | |||||||
476,229 | 557,371 | ||||||||
Less accumulated depreciation | (158,971 | ) | (208,578 | ) | |||||
Total property and equipment, net | $ | 317,258 | $ | 348,793 | |||||
Acquisitions
Acquisitions | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Business Combinations [Abstract] | ' | ||||||||
Acquisitions | ' | ||||||||
5. Acquisitions | |||||||||
On February 11, 2014, we acquired 100% of the outstanding stock of NaturalMotion, a provider of games for mobile phones and tablets domiciled in the U.K. We acquired NaturalMotion to leverage their strong portfolio of technology, assembled workforce and existing mobile games in order to expand and enhance our game offerings particularly on mobile platforms. The acquisition date fair value of the purchase consideration was $522.2 million, which included the following: | |||||||||
Fair Value of Purchase | |||||||||
Consideration, | |||||||||
in thousands | |||||||||
Cash | $ | 391,000 | |||||||
Common stock (28,178,201 shares) | 130,465 | ||||||||
Fair value of stock options assumed | 693 | ||||||||
Total | $ | 522,158 | |||||||
The value of the purchase consideration attributed to the 28.2 million common shares issued was based on a $4.63 closing price of the Company’s Class A Common Stock on the date of the closing of the acquisition. | |||||||||
The following table summarizes the preliminary acquisition date fair value of net tangible assets acquired and liabilities assumed from NaturalMotion (in thousands, unaudited): | |||||||||
Preliminary | Preliminary Estimated | ||||||||
Estimated Fair Value, | Weighted Average Useful Life | ||||||||
in thousands | |||||||||
Tangible net assets (liabilities) assumed | $ | (2,648 | ) | N/A | |||||
Intangible assets | |||||||||
Developed technology | 59,900 | 3 years | |||||||
Branding and trade names | 15,000 | 4.6 years | |||||||
Goodwill | 449,906 | N/A | |||||||
Total | $ | 522,158 | |||||||
Goodwill, which is partially deductible for U.S. income tax purposes, represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired, and is primarily attributable to the assembled workforce of the acquired business and expected synergies at the time of the acquisition. The preliminary fair values of net tangible assets acquired and liabilities assumed are management’s estimates based on the information available at the acquisition date. | |||||||||
The information above provides a reasonable basis for estimating the fair values of assets acquired and liabilities assumed, however, the preliminary measurements of fair value are subject to change including in the area of income taxes payable and deferred taxes which may change subject to the completion of certain tax returns. | |||||||||
On the acquisition date, the Company assumed unvested NaturalMotion employee stock options and exchanged them for options to purchase shares of Zynga’s Class A Common Stock with a preliminary fair value of $29.7 million. $0.7 million of this value was allocated to purchase consideration and the remaining $29.0 million was allocated to future compensation expense which will be recorded as stock-based expense over the vesting period of the awards. Also on the acquisition date, the Company granted to continuing employees 11.6 million shares of Zynga’s Class A Common Stock that vest over a period of three years subject to continued employment with Zynga. The value of these shares on the acquisition date was $53.6 million and will be recorded as stock-based expense over the requisite service period in accordance with the vesting terms. Transaction costs incurred by the Company in connection with the acquisition, including professional fees and transaction taxes, were $6.4 million and are included in the Company’s statement of operations for the six months ended June 30, 2014. | |||||||||
The amounts of revenue and earnings of NaturalMotion included in the Company’s condensed consolidated statement of operations for the post acquisition period February 12, 2014 to the period ending June 30, 2014 are as follows (in thousands): | |||||||||
February 12, 2014 to | |||||||||
June 30, 2014 | |||||||||
Total revenues | $ | 5,945 | |||||||
Net loss | $ | (36,531 | ) | ||||||
This loss includes approximately $12.1 million of stock-based expense. | |||||||||
The following pro forma financial information summarizes the combined results of operations for the Company and NaturalMotion, which was significant for the purposes of unaudited pro forma financial information disclosure, as though the companies were combined as of the beginning of the Company’s fiscal years presented. | |||||||||
The pro forma financial information was as follows (in thousands): | |||||||||
Six Months Ended June 30, | |||||||||
2014 | 2013 | ||||||||
Total revenues | $ | 326,160 | $ | 505,995 | |||||
Net loss | $ | (135,586 | ) | $ | (43,834 | ) | |||
The pro forma financial information for all periods presented has been calculated after adjusting the results of NaturalMotion to reflect the business combination accounting effects resulting from this acquisition including fair value adjustments resulting from purchase accounting, the amortization expenses from acquired intangible assets, the stock-based compensation expense for unvested stock options assumed and restricted stock awards granted and the related tax effects as though the acquisition occurred as of the beginning of the periods presented. The pro forma financial information is for informational purposes only and is not indicative of the results of operations that would have been achieved based on these assumptions. |
Goodwill_and_Other_Intangible_
Goodwill and Other Intangible Assets | 6 Months Ended | ||||||||||||
Jun. 30, 2014 | |||||||||||||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ||||||||||||
Goodwill and Other Intangible Assets | ' | ||||||||||||
6. Goodwill and Other Intangible Assets | |||||||||||||
Changes in the carrying value of goodwill from December 31, 2013 to June 30, 2014 are as follows (in thousands): | |||||||||||||
Goodwill – December 31, 2013 | $ | 227,989 | |||||||||||
Additions | 449,906 | ||||||||||||
Foreign currency translation adjustments | 15,919 | ||||||||||||
Goodwill – June 30, 2014 | $ | 693,814 | |||||||||||
Gross Carrying | Accumulated | Net Book Value | |||||||||||
Value | Amortization | ||||||||||||
Developed technology | $ | 157,128 | $ | (82,656 | ) | $ | 74,472 | ||||||
Trademarks, branding and domain names | 16,199 | (6,781 | ) | 9,418 | |||||||||
Acquired lease intangibles | 5,708 | (3,705 | ) | 2,003 | |||||||||
Total | $ | 179,035 | $ | (93,142 | ) | $ | 85,893 | ||||||
These assets were, and continue to be, amortized on a straight-line basis. As of June 30, 2014, future amortization expense related to the intangible assets is expected to be recognized as shown below (in thousands): | |||||||||||||
Year ending December 31: | |||||||||||||
2014 | $ | 14,818 | |||||||||||
2015 | 28,650 | ||||||||||||
2016 | 26,590 | ||||||||||||
2017 and thereafter | 9,714 | ||||||||||||
Total | $ | 79,772 | |||||||||||
Income_Taxes
Income Taxes | 6 Months Ended |
Jun. 30, 2014 | |
Income Tax Disclosure [Abstract] | ' |
Income Taxes | ' |
7. Income Taxes | |
The benefit from income taxes decreased by $16.0 million and $17.7 million in the three and six months ended June 30, 2014, respectively, as compared to the same period of the prior year. The decrease in the three months ended June 30, 2014 is attributable to the benefit of $16.0 million recorded in the second quarter of 2013 related to changes in the estimated jurisdictional mix of earnings. The decrease in the six months ended June 30, 2014 was attributable primarily to the incremental benefit of $5.0 million recorded in the first quarter of 2013 related to the recognition of Federal research and development tax credits and the net benefit related to changes in the estimated jurisdictional mix of earnings between the two periods of $12.7 million. | |
During 2012, we completed the implementation of our international structure, which resulted in a significant loss outside of the U.S for which no benefit was recorded. If the Company is profitable, we expect our global effective tax rate to be less than the U.S. statutory income tax rate. |
Other_Current_Liabilities
Other Current Liabilities | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Other Liabilities Disclosure [Abstract] | ' | ||||||||
Other Current Liabilities | ' | ||||||||
8. Other Current Liabilities | |||||||||
Other current liabilities consist of the following (in thousands): | |||||||||
June 30, | December 31, | ||||||||
2014 | 2013 | ||||||||
Accrued compensation liability | $ | 19,779 | $ | 10,185 | |||||
Accrued restructuring liability | 11,242 | 6,751 | |||||||
Other current liabilities | 98,508 | 51,930 | |||||||
Total other current liabilities | $ | 129,529 | $ | 68,866 | |||||
Other current liabilities include various expenses that we accrue for transaction taxes, customer deposits, accrued escrow liabilities and accrued accounts payable. |
Restructuring
Restructuring | 6 Months Ended | ||||||||||||
Jun. 30, 2014 | |||||||||||||
Restructuring And Related Activities [Abstract] | ' | ||||||||||||
Restructuring | ' | ||||||||||||
9. Restructuring | |||||||||||||
During the six months ended June 30, 2014, we recorded a total restructuring charge of $27.4 million which was classified within our consolidated statement of operations as follows: Cost of Revenue $1.3 million, Research and Development $9.6 million, Sales and Marketing $1.5 million and General and Administrative $15.0 million. | |||||||||||||
Q1 2014 Restructuring Plan | |||||||||||||
During the three months ended March 31, 2014, our Board of Directors (the “Board”) authorized, and we implemented a restructuring plan that included a reduction in work force and the closure of certain office and data center facilities as part of an overall plan to better align our cost structure against market opportunities. As a result of this restructuring, we recorded a charge of $27.5 million in the six months ended June 30, 2014, which is included in operating expenses in our consolidated statement of operations. The $27.5 million restructuring charge in the six months ended June 30, 2014 is comprised of $13.4 million of employee severance and $14.1 million related to the closure of certain offices and data center facilities. This restructuring charge does not include the impact of $2.4 million of net stock-based expense reversals associated with the net effect of forfeitures from employee terminations and the acceleration of unvested stock awards which were recorded in stock-based expense. The remaining liability related to our Q1 2014 restructuring plan as of June 30, 2014 was $14.0 million and is expected to be paid out over the next 2.5 years. | |||||||||||||
The following table presents the activity for the three months ended March 31, 2014 and the three and six months ended June 30, 2014 related to the Q1 2014 restructuring plan (in thousands): | |||||||||||||
Three Months Ended | Six Months Ended | ||||||||||||
March 31, 2014 | June 30, 2014 | June 30, 2014 | |||||||||||
Restructuring liability - beginning of period | $ | — | $ | 21,036 | $ | — | |||||||
Restructuring expense and adjustments | 29,894 | (2,314 | )(1) | 27,580 | |||||||||
Cash payments | (8,858 | ) | (4,716 | ) | (13,574 | ) | |||||||
Restructuring liability (Q1 2014 Plan) - end of period | $ | 21,036 | $ | 14,006 | $ | 14,006 | |||||||
(1) | A $2.3 million adjustment was recorded in the second quarter of 2014 to reduce our restructuring liability as a result of executing a sublease agreement with a new tenant in a data center facility we had previously vacated in the first quarter of 2014. | ||||||||||||
Other Plans | |||||||||||||
The following table presents the activity for the three months ended March 31, 2014 and the three and six months ended June 30, 2014 related to all other remaining historical restructuring plans from prior years (in thousands): | |||||||||||||
Three Months Ended | Six Months Ended | ||||||||||||
March 31, 2014 | June 30, 2014 | June 30, 2014 | |||||||||||
Restructuring liability - beginning of period | $ | 13,561 | $ | 9,813 | $ | 13,561 | |||||||
Restructuring expense and adjustments | (239 | ) | 44 | (195 | ) | ||||||||
Cash payments | (3,509 | ) | (1,729 | ) | (5,238 | ) | |||||||
Restructuring liability (2013 Plan) - end of period | $ | 9,813 | $ | 8,128 | $ | 8,128 | |||||||
The remaining liability of $8.1 million is expected to be paid out over the next 3.3 years. |
Stockholders_Equity
Stockholders' Equity | 6 Months Ended | ||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] | ' | ||||||||||||||||
Stockholders' Equity | ' | ||||||||||||||||
10. Stockholders’ Equity | |||||||||||||||||
We recorded stock-based expense related to grants of employee and consultant stock options, warrants, restricted stock and ZSUs in our consolidated statements of operations as follows (in thousands): | |||||||||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
Cost of revenue | $ | 1,002 | $ | (1,639 | ) | $ | 2,281 | $ | 294 | ||||||||
Research and development | 17,596 | 15,888 | 36,012 | 36,788 | |||||||||||||
Sales and marketing | 1,860 | 3,973 | 3,318 | 5,386 | |||||||||||||
General and administrative | 8,389 | 7,666 | 15,562 | 13,342 | |||||||||||||
Total stock-based expense | $ | 28,847 | $ | 25,888 | $ | 57,173 | $ | 55,810 | |||||||||
The following table shows stock option activity for the six months ended June 30, 2014 (in thousands, except weighted-average exercise price and weighted-average contractual term): | |||||||||||||||||
Outstanding Options | |||||||||||||||||
Weighted- | Aggregate | Weighted- | |||||||||||||||
Average | Intrinsic Value of | Average | |||||||||||||||
Exercise | Stock Options | Contractual Term | |||||||||||||||
Stock Options | Price | Outstanding | (in years) | ||||||||||||||
Balance as of December 31, 2013 | 41,081 | $ | 2.07 | $ | 83,089 | 7.02 | |||||||||||
Granted | 12,963 | 2.41 | |||||||||||||||
Forfeited and cancelled | (2,898 | ) | 2.77 | ||||||||||||||
Exercised | (6,884 | ) | 1.22 | ||||||||||||||
Balance as of June 30, 2014 | 44,262 | $ | 2.25 | $ | 67,251 | 7.3 | |||||||||||
The following table shows a summary of ZSU activity for the six months ended June 30, 2014 (in thousands, except weighted-average grant date fair value): | |||||||||||||||||
Outstanding ZSUs | |||||||||||||||||
Shares | Weighted- | Aggregate | |||||||||||||||
Average Grant Date | Intrinsic Value of | ||||||||||||||||
Fair Value | Unvested ZSUs | ||||||||||||||||
Unvested as of December 31, 2013 | 66,997 | $ | 4.96 | $ | 254,589 | ||||||||||||
Granted | 17,303 | 4.78 | |||||||||||||||
Vested | (10,448 | ) | 5.85 | ||||||||||||||
Forfeited and cancelled | (17,365 | ) | 4.71 | ||||||||||||||
Unvested as of June 30, 2014 | 56,487 | $ | 4.81 | $ | 181,323 | ||||||||||||
The following table shows a summary of changes in accumulated other comprehensive income by component for the three and six months ended June 30, 2014 (in thousands): | |||||||||||||||||
Foreign Currency | Unrealized Gains | Total | |||||||||||||||
Translation | (Losses) on Available- | ||||||||||||||||
for-Sale Securities | |||||||||||||||||
Balance as of March 31, 2014 | $ | 3,994 | $ | 86 | $ | 4,080 | |||||||||||
Other comprehensive income before reclassifications | 13,060 | (1 | ) | 13,059 | |||||||||||||
Amounts reclassified from accumulated other comprehensive income | — | (9 | ) | (9 | ) | ||||||||||||
Net current-period other comprehensive income | 13,060 | (10 | ) | 13,050 | |||||||||||||
Balance as of June 30, 2014 | $ | 17,054 | $ | 76 | $ | 17,130 | |||||||||||
Foreign Currency | Unrealized Gains | Total | |||||||||||||||
Translation | (Losses) on Available- | ||||||||||||||||
for-Sale Securities | |||||||||||||||||
Balance as of December 31, 2013 | $ | (1,259 | ) | $ | 213 | $ | (1,046 | ) | |||||||||
Other comprehensive income before reclassifications | 18,313 | (120 | ) | 18,193 | |||||||||||||
Amounts reclassified from accumulated other comprehensive income | — | (17 | ) | (17 | ) | ||||||||||||
Net current-period other comprehensive income | 18,313 | (137 | ) | 18,176 | |||||||||||||
Balance as of June 30, 2014 | $ | 17,054 | $ | 76 | $ | 17,130 | |||||||||||
In October 2012, our Board authorized a $200 million stock repurchase program. We initiated purchases under this program in December 2012. As of June 30, 2014, the remaining authorized amount of stock repurchases that may be made under this plan was $178.9 million. The program expires on October 31, 2014. We did not repurchase any shares in the three months ended June 30, 2014. |
Net_Income_Loss_Per_Share_of_C
Net Income (Loss) Per Share of Common Stock | 6 Months Ended | ||||||||||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||||||||||||||
Net Income (Loss) Per Share of Common Stock | ' | ||||||||||||||||||||||||
11. Net Income (Loss) Per Share of Common Stock | |||||||||||||||||||||||||
Basic net income (loss) per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. In computing diluted net income (loss) per share, net income (loss) is re-allocated to reflect the potential impact of dilutive securities, including stock options, warrants, unvested restricted stock and unvested ZSUs. Diluted net income (loss) per share is computed by dividing net income (loss) attributable to common stockholders by the weighted-average number of common shares outstanding, including potential dilutive securities. For periods in which we have generated a net loss, we do not include stock options, warrants, unvested restricted stock and unvested ZSUs in our computation of diluted net income (loss) per share, as the impact of these awards is anti-dilutive. The net per share amounts are the same for Class A, Class B and Class C common stock because the holders of each class are legally entitled to equal per share distributions whether through dividend or distribution. Further, as we assume the conversion of Class B and Class C common shares into Class A common shares for the Class A diluted net income (loss) per share computation, the net income (loss) is equal to total net income (loss) for that computation. | |||||||||||||||||||||||||
The following table sets forth the computation of basic and diluted net income (loss) per share of common stock (in thousands, except per share data): | |||||||||||||||||||||||||
Three Months Ended June 30, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Class | Class | Class | Class | Class | Class | ||||||||||||||||||||
A | B | C | A | B | C | ||||||||||||||||||||
(unaudited) | |||||||||||||||||||||||||
BASIC: | |||||||||||||||||||||||||
Net income (loss) attributable to common stockholders | $ | (52,332 | ) | $ | (8,731 | ) | $ | (1,470 | ) | $ | (12,161 | ) | $ | (3,235 | ) | $ | (409 | ) | |||||||
Weighted-average common shares outstanding | 730,411 | 121,856 | 20,517 | 610,622 | 162,402 | 20,517 | |||||||||||||||||||
Basic net income (loss) per share | $ | (0.07 | ) | $ | (0.07 | ) | $ | (0.07 | ) | $ | (0.02 | ) | $ | (0.02 | ) | $ | (0.02 | ) | |||||||
DILUTED: | |||||||||||||||||||||||||
Net income (loss) attributable to common stockholders | $ | (52,332 | ) | $ | (8,731 | ) | $ | (1,470 | ) | $ | (12,161 | ) | $ | (3,235 | ) | $ | (409 | ) | |||||||
Reallocation of net income (loss) as a result of conversion of Class C shares to Class A shares | (1,470 | ) | — | — | (409 | ) | — | — | |||||||||||||||||
Reallocation of net income (loss) as a result of conversion of Class B shares to Class A shares | (8,731 | ) | — | — | (3,235 | ) | — | — | |||||||||||||||||
Net income (loss) attributable to common stockholders-diluted | $ | (62,533 | ) | $ | (8,731 | ) | $ | (1,470 | ) | $ | (15,805 | ) | $ | (3,235 | ) | $ | (409 | ) | |||||||
Weighted-average common shares outstanding-basic | 730,411 | 121,856 | 20,517 | 610,622 | 162,402 | 20,517 | |||||||||||||||||||
Conversion of Class C to Class A common shares | 20,517 | — | — | 20,517 | — | — | |||||||||||||||||||
Conversion of Class B to Class A common shares | 121,856 | — | — | 162,402 | — | — | |||||||||||||||||||
Weighted-average common shares outstanding-diluted | 872,784 | 121,856 | 20,517 | 793,541 | 162,402 | 20,517 | |||||||||||||||||||
Diluted net income (loss) per share | $ | (0.07 | ) | $ | (0.07 | ) | $ | (0.07 | ) | $ | (0.02 | ) | $ | (0.02 | ) | $ | (0.02 | ) | |||||||
Six Months Ended June 30, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Class | Class | Class | Class | Class | Class | ||||||||||||||||||||
A | B | C | A | B | C | ||||||||||||||||||||
(unaudited) | |||||||||||||||||||||||||
BASIC: | |||||||||||||||||||||||||
Net income (loss) attributable to common stockholders | $ | (103,120 | ) | $ | (17,650 | ) | $ | (2,946 | ) | $ | (8,939 | ) | $ | (2,429 | ) | $ | (304 | ) | |||||||
Weighted-average common shares outstanding | 718,156 | 122,918 | 20,517 | 602,501 | 163,766 | 20,517 | |||||||||||||||||||
Basic net income per share | $ | (0.14 | ) | $ | (0.14 | ) | $ | (0.14 | ) | $ | (0.01 | ) | $ | (0.01 | ) | $ | (0.01 | ) | |||||||
DILUTED: | |||||||||||||||||||||||||
Net income (loss) attributable to common stockholders | $ | (103,120 | ) | $ | (17,650 | ) | $ | (2,946 | ) | $ | (8,939 | ) | $ | (2,429 | ) | $ | (304 | ) | |||||||
Reallocation of net income (loss) as a result of conversion of Class C shares to Class A shares | (2,946 | ) | — | — | (304 | ) | — | — | |||||||||||||||||
Reallocation of net income (loss) as a result of conversion of Class B shares to Class A shares | (17,650 | ) | — | — | (2,429 | ) | — | — | |||||||||||||||||
Net income (loss) attributable to common stockholders-diluted | $ | (123,716 | ) | $ | (17,650 | ) | $ | (2,946 | ) | $ | (11,672 | ) | $ | (2,429 | ) | $ | (304 | ) | |||||||
Weighted-average common shares outstanding-basic | 718,156 | 122,918 | 20,517 | 602,501 | 163,766 | 20,517 | |||||||||||||||||||
Conversion of Class C to Class A common shares outstanding | 20,517 | — | — | 20,517 | — | — | |||||||||||||||||||
Conversion of Class B to Class A common shares outstanding | 122,918 | — | — | 163,766 | — | — | |||||||||||||||||||
Number of shares used in diluted net income (loss) per share | 861,591 | 122,918 | 20,517 | 786,784 | 163,766 | 20,517 | |||||||||||||||||||
Diluted net income (loss) per share | $ | (0.14 | ) | $ | (0.14 | ) | $ | (0.14 | ) | $ | (0.01 | ) | $ | (0.01 | ) | $ | (0.01 | ) | |||||||
The following weighted-average equity awards were excluded from the calculation of diluted net income (loss) per share because their effect would have been anti-dilutive for the periods presented (in thousands): | |||||||||||||||||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||||||||||
Stock options | 44,982 | 64,241 | 43,513 | 68,533 | |||||||||||||||||||||
Warrants | — | 695 | — | 695 | |||||||||||||||||||||
Restricted shares | 14,069 | 5,224 | 11,603 | 5,510 | |||||||||||||||||||||
ZSUs | 59,042 | 64,597 | 58,993 | 60,577 | |||||||||||||||||||||
Total | 118,093 | 134,757 | 114,109 | 135,315 | |||||||||||||||||||||
Commitments_and_Contingencies
Commitments and Contingencies | 6 Months Ended | ||||
Jun. 30, 2014 | |||||
Commitments And Contingencies Disclosure [Abstract] | ' | ||||
Commitments and Contingencies | ' | ||||
12. Commitments and Contingencies | |||||
Lease Commitments | |||||
We have entered into operating leases for facilities, including data center space. As of June 30, 2014, future minimum lease payments related to these leases are as follows (in thousands): | |||||
Year ending December 31: | |||||
2014 | $ | 13,114 | |||
2015 | 28,355 | ||||
2016 | 23,089 | ||||
2017 | 13,633 | ||||
2018 | 11,791 | ||||
2019 and thereafter | 33,964 | ||||
$ | 123,946 | ||||
Credit Facility | |||||
In June 2013, we amended our existing revolving credit agreement which we originally executed in July 2011, reducing our maximum available credit from $1.0 billion to $200 million, and extending the term through June 2018. Per the terms of our amended agreement, we paid additional up-front fees of $0.3 million to be amortized over the remaining extended term of the loan. The interest rate for the amended credit facility is determined based on a formula using certain market rates, as described in the amended credit agreement. Additionally, our minimum quarterly commitment fee was reduced from $0.6 million per quarter to $0.1 million per quarter based on the portion of the credit facility that is not drawn down. The agreement requires us to comply with certain covenants, including maintaining a minimum capitalization ratio, and maintaining a minimum cash balance. As of June 30, 2014, we have not drawn down any amounts under the credit facility and are in compliance with these covenants. | |||||
Legal Matters | |||||
On July 30, 2012, a purported securities class action captioned DeStefano v. Zynga Inc. et al., Case No. 3:12-cv-04007-JSW, was filed in the United States District Court for the Northern District of California against the Company, and certain of our current and former directors, officers, and executives. Additional purported securities class actions containing similar allegations were filed in the Northern District. On September 26, 2012, the court consolidated various of the class actions as In re Zynga Inc. Securities Litigation, Lead Case No. 12-cv-04007-JSW. On January 23, 2013, the court entered an order appointing a lead plaintiff and approving lead plaintiff’s selection of lead counsel. On April 3, 2013, the lead plaintiff and another named plaintiff filed a consolidated complaint. On February 25, 2014, the court granted the defendants’ motion to dismiss the consolidated complaint and provided plaintiffs leave to file an amended complaint. | |||||
The lead plaintiff filed a First Amended Complaint on March 31, 2014. The First Amended Complaint alleges that the defendants violated the federal securities laws by issuing false or misleading statements regarding the Company’s business and financial projections. The plaintiffs seek to represent a class of persons who purchased or otherwise acquired the Company’s securities between February 14, 2012 and July 25, 2012. The First Amended Complaint asserts claims for unspecified damages, and an award of costs and expenses to the putative class, including attorneys’ fees. The Company filed a motion to dismiss the First Amended Complaint on May 2, 2014, and briefing on the motion was completed in June 2014. A hearing on the motion is scheduled for September 19, 2014. | |||||
In addition, a purported securities class action captioned Reyes v. Zynga Inc., et al. was filed on August 1, 2012, in San Francisco County Superior Court. The action was removed to federal court, and was later remanded to San Francisco County Superior Court. The complaint alleges that the defendants violated the federal securities laws by issuing false or misleading statements in connection with an April 2012 secondary offering of Class A common stock. The plaintiff seeks to represent a class of persons who acquired the Company’s common stock pursuant or traceable to the secondary offering. On June 10, 2013, the defendants filed a motion to stay the action and a demurrer arguing that the complaint should be dismissed because the court lacks jurisdiction over the claims. On August 26, 2013, the court issued orders overruling the demurrer and granting the motion to stay all deadlines in the action pending a ruling on the motion to dismiss in the federal securities class action described above. On May 19, 2014, the court set a briefing schedule for the Company to file a motion to stay the action and a demurrer arguing that the complaint should be dismissed because it fails to state a cause of action. Briefing on the motion to stay and demurrer is scheduled to be completed on August 8, 2014, and a hearing is currently scheduled for August 25, 2014. | |||||
On April 4, 2013, a purported class action captioned Lee v. Pincus, et al. was filed in the Court of Chancery of the State of Delaware against the Company, and certain of our current and former directors, officers, and executives. The complaint alleges that the defendants breached fiduciary duties in connection with the release of certain lock-up agreements entered into in connection with the Company’s initial public offering. The plaintiff seeks to represent a class of certain of the Company’s shareholders who were subject to the lock-up agreements and who were not permitted to sell shares in an April 2012 secondary offering. The defendants removed the case to the United States District Court for the District of Delaware on May 10, 2013. On December 23, 2013, the district court granted the plaintiff’s motion to remand the action to the Court of Chancery. On January 8, 2013, the Chancery Court entered a scheduling order. On January 17, 2014, the plaintiff filed an amended complaint. On March 6, 2014, the Company filed a motion to dismiss the amended complaint and a motion to stay discovery while the motion to dismiss is pending. The plaintiff has opposed both motions. Briefing on the motion to stay was completed in March 2014. Briefing on the motion to dismiss was completed in April 2014. A hearing on the motions is currently scheduled for August 22, 2014. | |||||
The Company believes it has meritorious defenses in the above securities class actions and will vigorously defend these actions. | |||||
Since August 3, 2012, nine stockholder derivative lawsuits have been filed in State or Federal courts in California and Delaware purportedly on behalf of the Company against certain current and former directors and executive officers of the Company. The derivative plaintiffs allege that the defendants breached their fiduciary duties and violated California Corporations Code section 25402 in connection with our initial public offering in December 2011, secondary offering in April 2012, and allegedly made false or misleading statements regarding the Company’s business and financial projections. | |||||
Beginning on August 3, 2012, three of the actions were filed in San Francisco County Superior Court. On October 2, 2012, the court consolidated those three actions as In re Zynga Shareholder Derivative Litigation, Lead Case CGC-12-522934. On March 14, 2013, the plaintiffs filed a First Amended Complaint in that consolidated California state action. On March 21, 2013, the court endorsed a stipulation among the parties staying the action pending the ruling on the motion to dismiss in the federal securities class action described above. On March 24, 2014, the court endorsed a stipulation among the parties staying the action pending a ruling on a motion to dismiss the First Amended Complaint in the federal securities class action. | |||||
Beginning on August 16, 2012, four stockholder derivative actions were filed in the United States District Court for the Northern District of California. On December 3, 2012, the court consolidated these four actions as In re Zynga Inc. Derivative Litigation, Lead Case No. 12-CV-4327-JSW. On March 11, 2013, the court endorsed a stipulation among the parties staying the action pending the ruling on the motion to dismiss in the federal securities class action described above. On March 21, 2014, the court issued an order continuing the stay pending a ruling on a motion to dismiss the First Amended Complaint in the federal securities class action. | |||||
A derivative action was also filed in the United States District Court for the District of Delaware. The plaintiff in the District of Delaware action voluntarily dismissed the action on November 19, 2012. | |||||
On April 2, 2014, a derivative action was filed in the Court of Chancery of the State of Delaware entitled Sandys v. Pincus, et al. Case No. 9512-VCN. On May 15, 2014, the court endorsed a stipulation among the parties staying the action until the earlier of October 24, 2014, or thirty days after a decision on the motion to dismiss the First Amended Complaint in the federal securities class action. | |||||
The derivative actions include claims for, among other things, unspecified damages in favor of the Company, certain corporate actions to purportedly improve the Company’s corporate governance, and an award of costs and expenses to the derivative plaintiffs, including attorneys’ fees. We believe that the plaintiffs in the derivative actions lack standing to pursue litigation on behalf of Zynga. | |||||
To date, there has been no discovery or other substantive proceedings in the actions described above. Accordingly, we are not in a position to assess whether any loss or adverse effect on our financial condition is probable or remote or to estimate the range of potential loss, if any. | |||||
The Company is also party to various other legal proceedings and claims which arise in the ordinary course of business. In addition, we may receive notifications alleging infringement of patent or other intellectual property rights. Adverse results in any such litigation, legal proceedings or claims may include awards of substantial monetary damages, costly royalty or licensing agreements, or orders preventing us from offering certain games, features, or services, and may also result in changes in our business practices, which could result in additional costs or a loss of revenue for us and could otherwise harm our business. Although the results of such litigation cannot be predicted with certainty, we believe that the amount or range of reasonably possible losses related to such pending or threatened litigation will not have a material adverse effect on our business, operating results, cash flows, or financial condition should such litigation be resolved unfavorably. We recognize legal expenses as incurred. |
Geographical_Information
Geographical Information | 6 Months Ended | ||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||
Segment Reporting [Abstract] | ' | ||||||||||||||||
Geographical Information | ' | ||||||||||||||||
13. Geographical Information | |||||||||||||||||
The following represents our revenue based on the geographic location of our players (in thousands): | |||||||||||||||||
Revenue | |||||||||||||||||
Three Months Ended | Six Months Ended | ||||||||||||||||
June 30, | June 30, | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
United States | $ | 91,755 | $ | 138,086 | $ | 190,860 | $ | 294,337 | |||||||||
All other countries (1) | 61,477 | 92,649 | 130,392 | 199,987 | |||||||||||||
Total revenue | $ | 153,232 | $ | 230,735 | $ | 321,252 | $ | 494,324 | |||||||||
(1) | No country exceeded 10% of our total revenue for any periods presented. | ||||||||||||||||
The following represents our property and equipment, net by location (in thousands): | |||||||||||||||||
Property and equipment, net | |||||||||||||||||
June 30, | December 31, | ||||||||||||||||
2014 | 2013 | ||||||||||||||||
United States | $ | 313,244 | $ | 345,598 | |||||||||||||
All other countries | 4,014 | 3,195 | |||||||||||||||
Total property and equipment, net | $ | 317,258 | $ | 348,793 | |||||||||||||
Overview_and_Summary_of_Signif1
Overview and Summary of Significant Accounting Policies (Policies) | 6 Months Ended |
Jun. 30, 2014 | |
Fair Value Disclosures [Abstract] | ' |
Basis of Presentation and Consolidation | ' |
Basis of Presentation and Consolidation | |
The accompanying consolidated financial statements are presented in accordance with United States generally accepted accounting principles (“U.S. GAAP”). The consolidated financial statements include the operations of us and our wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in the consolidation. | |
Unaudited Interim Financial Information | ' |
Unaudited Interim Financial Information | |
The accompanying interim consolidated balance sheet as of June 30, 2014, the interim consolidated statements of operations and, the interim consolidated statements of comprehensive income (loss) for the three and six months ended June 30, 2014 and 2013, and the interim consolidated statements of cash flows for the six months ended June 30, 2014 and 2013 and the related footnote disclosures are unaudited. These unaudited consolidated interim financial statements have been prepared in accordance with U.S. GAAP. In management’s opinion, the unaudited consolidated interim financial statements have been prepared on the same basis as the audited consolidated financial statements and include all adjustments of a normal recurring nature necessary for the fair presentation of the Company’s statement of financial position and operating results for the periods presented. The results for the three and six months ended June 30, 2014 are not necessarily indicative of the results expected for the full fiscal year or any other future period. | |
Use of Estimates | ' |
Use of Estimates | |
The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts in the consolidated financial statements and notes thereto. Significant estimates and assumptions reflected in the financial statements include, but are not limited to, the estimated lives of virtual goods that we use for revenue recognition, useful lives of property and equipment and intangible assets, accrued liabilities, income taxes, accounting for business combinations, stock-based expense and evaluation of goodwill, intangible assets, and long-lived assets for impairment. Actual results could differ materially from those estimates. | |
Changes in our estimated average life of durable virtual goods during the three and six months ended June 30, 2014 for various games resulted in a decrease in revenue and income from continuing operations of $2.2 million and $1.5 million, respectively, which is the result of adjusting the remaining recognition period of deferred revenue generated in prior periods at the time of a change in estimate. These changes in estimates did not impact our reported earnings per share for the three and six months ended June 30, 2014. | |
Accounting Policy Updates | ' |
Accounting Policy Updates | |
The accompanying interim consolidated financial statements and these related notes should be read in conjunction with the consolidated financial statements and related notes included in our Annual Report on Form 10-K for the year ended December 31, 2013. | |
In June 2013, the Financial Accounting Standards Board ratified Accounting Standards Update 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists” which concludes an unrecognized tax benefit should be presented as a reduction of a deferred tax asset when settlement in this manner is available under the tax law. We adopted this amendment in the first quarter of 2014, which resulted in a reduction of non-current liabilities of $33.3 million. | |
In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers,” which requires revenue to be recognized when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. ASU 2014-09 supersedes the existing revenue recognition guidance in “Revenue Recognition (Topic 605)” and is effective in the first quarter of 2017. Early adoption is not permitted. We are currently in the process of evaluating the impact of the adoption of ASU 2014-09 on our consolidated financial statements. | |
Fair Value of Financial Instruments | ' |
Our financial instruments consist of cash equivalents, short-term and long-term marketable securities and accounts receivable. Accounts receivable, net is stated at its carrying value, which approximates fair value. | |
Cash equivalents and short-term and long-term marketable securities, consisting of money market funds, U.S. government and government agency debt securities, municipal securities and corporate debt securities, are carried at fair value, which is defined as an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between knowledgeable and willing market participants. | |
Our contingent consideration liability represents the estimated fair value of the additional consideration payable in connection with our acquisition of Spooky Cool Labs LLC. The amount payable is contingent upon the achievement of certain performance milestones for each of the years ended June 30, 2014 and June 30, 2015. Under the terms of the agreement the maximum amount that could be earned is $100 million. As of June 30, 2014, based on our updated assessment of Spooky Cool’s expected performance, the maximum currently achievable amount is $60 million. | |
We initially estimated the acquisition date fair value of the contingent consideration payable using probability-weighted discounted cash flow models, and applied a discount rate that appropriately captured a market participant’s view of the risk associated with the obligations. In the second quarter of 2014, we updated this analysis based on our updated projections and recorded the change in estimated fair value of the contingent consideration liability as an expense of approximately $12.1 million within research and development expense in our consolidated statement of operations. The significant unobservable inputs used in the fair value measurement of the acquisition-related contingent consideration payable are forecasted future cash flows and the timing of those cash flows. Significant changes in actual and forecasted future cash flows may result in significant charges or benefits to our future operating expenses. | |
Fair Value Measurement | ' |
Fair value is a market-based measurement that should be determined based on assumptions that knowledgeable and willing market participants would use in pricing an asset or liability. We use a three-tier value hierarchy, which prioritizes the inputs used in measuring fair value as follows: | |
Level 1 — Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. | |
Level 2 — Includes inputs, other than Level 1 inputs, that are directly or indirectly observable in the marketplace. | |
Level 3 — Unobservable inputs that are supported by little or no market activity. |
Marketable_Securities_Tables
Marketable Securities (Tables) | 6 Months Ended | ||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||
Investments Debt And Equity Securities [Abstract] | ' | ||||||||||||||||
Summary of Available-for-Sale Investments | ' | ||||||||||||||||
The following tables summarize our amortized cost, gross unrealized gains and losses and fair value of our available-for-sale investments in marketable securities (in thousands): | |||||||||||||||||
June 30, 2014 | |||||||||||||||||
Gross | Gross | ||||||||||||||||
Amortized | Unrealized | Unrealized | Aggregate | ||||||||||||||
Cost | Gains | Losses | Fair Value | ||||||||||||||
U.S. government and government agency debt securities | $ | 413,192 | $ | 191 | $ | (142 | ) | $ | 413,241 | ||||||||
Corporate debt securities | 597,926 | 236 | (210 | ) | 597,952 | ||||||||||||
Municipal securities | 2,386 | 1 | — | 2,387 | |||||||||||||
Total | $ | 1,013,504 | $ | 428 | $ | (352 | ) | $ | 1,013,580 | ||||||||
31-Dec-13 | |||||||||||||||||
Gross | Gross | ||||||||||||||||
Amortized | Unrealized | Unrealized | Aggregate | ||||||||||||||
Cost | Gains | Losses | Fair Value | ||||||||||||||
U.S. government and government agency debt securities | $ | 333,632 | $ | 160 | $ | (51 | ) | $ | 333,741 | ||||||||
Corporate debt securities | 731,225 | 356 | (257 | ) | 731,324 | ||||||||||||
Municipal securities | 11,376 | 6 | — | 11,382 | |||||||||||||
Total | $ | 1,076,233 | $ | 522 | $ | (308 | ) | $ | 1,076,447 | ||||||||
Fair Value of Available-for-Sale Marketable Securities by Contractual Maturities | ' | ||||||||||||||||
The estimated fair value of available-for-sale marketable securities, classified by their contractual maturities was as follows (in thousands): | |||||||||||||||||
June 30, 2014 | |||||||||||||||||
Due within one year | $ | 591,610 | |||||||||||||||
After one year through three years | 421,970 | ||||||||||||||||
Total | $ | 1,013,580 | |||||||||||||||
Fair_Value_Measurements_Tables
Fair Value Measurements (Tables) | 6 Months Ended | ||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Value Assets Measured on Recurring Basis | ' | ||||||||||||||||
The composition of our financial instruments among the three Levels of the fair value hierarchy are as follows (in thousands): | |||||||||||||||||
June 30, 2014 | |||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Assets: | |||||||||||||||||
Money market funds (1) | $ | 912 | $ | — | $ | — | $ | 912 | |||||||||
U.S. government and government agency debt securities | — | 413,241 | — | 413,241 | |||||||||||||
Corporate debt securities | — | 597,952 | — | 597,952 | |||||||||||||
Municipal securities | — | 2,387 | — | 2,387 | |||||||||||||
Total | $ | 912 | $ | 1,013,580 | $ | — | $ | 1,014,492 | |||||||||
Liabilities: | |||||||||||||||||
Contingent consideration | $ | — | $ | — | $ | 25,070 | $ | 25,070 | |||||||||
31-Dec-13 | |||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | ||||||||||||||
Assets: | |||||||||||||||||
Money market funds (1) | $ | 349,421 | $ | — | $ | — | $ | 349,421 | |||||||||
U.S. government and government agency debt securities | — | 333,741 | — | 333,741 | |||||||||||||
Corporate debt securities | — | 731,324 | — | 731,324 | |||||||||||||
Municipal securities | — | 11,382 | — | 11,382 | |||||||||||||
Total | $ | 349,421 | $ | 1,076,447 | $ | — | $ | 1,425,868 | |||||||||
Liabilities: | |||||||||||||||||
Contingent consideration | $ | — | $ | — | $ | 11,720 | $ | 11,720 | |||||||||
-1 | Includes amounts classified as cash and cash equivalents. |
Property_and_Equipment_Tables
Property and Equipment (Tables) | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Property Plant And Equipment [Abstract] | ' | ||||||||
Components of Property and Equipment | ' | ||||||||
Property and equipment consist of the following (in thousands): | |||||||||
June 30, | December 31, | ||||||||
2014 | 2013 | ||||||||
Computer equipment | $ | 141,637 | $ | 225,063 | |||||
Software | 30,428 | 27,668 | |||||||
Land | 89,130 | 89,130 | |||||||
Building | 194,507 | 192,512 | |||||||
Furniture and fixtures | 10,732 | 11,303 | |||||||
Leasehold improvements | 9,795 | 11,695 | |||||||
476,229 | 557,371 | ||||||||
Less accumulated depreciation | (158,971 | ) | (208,578 | ) | |||||
Total property and equipment, net | $ | 317,258 | $ | 348,793 | |||||
Acquisitions_Tables
Acquisitions (Tables) | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Fair Value of Purchase Consideration | ' | ||||||||
The acquisition date fair value of the purchase consideration was $522.2 million, which included the following: | |||||||||
Fair Value of Purchase | |||||||||
Consideration, in | |||||||||
thousands | |||||||||
Cash | $ | 391,000 | |||||||
Common stock (28,178,201 shares) | 130,465 | ||||||||
Fair value of stock options assumed | 693 | ||||||||
Total | $ | 522,158 | |||||||
Schedule of Purchase Price Allocation | ' | ||||||||
The following table summarizes the preliminary acquisition date fair value of net tangible assets acquired and liabilities assumed from NaturalMotion (in thousands, unaudited): | |||||||||
Preliminary | Preliminary Estimated | ||||||||
Estimated Fair | Weighted Average Useful | ||||||||
Value, in thousands | Life | ||||||||
Tangible net assets (liabilities) assumed | $ | (2,648 | ) | N/A | |||||
Intangible assets | |||||||||
Developed technology | 59,900 | 3 years | |||||||
Branding and trade names | 15,000 | 4.6 years | |||||||
Goodwill | 449,906 | N/A | |||||||
Total | $ | 522,158 | |||||||
Pro Forma Financial Information | ' | ||||||||
The pro forma financial information was as follows (in thousands): | |||||||||
Six Months Ended June 30, | |||||||||
2014 | 2013 | ||||||||
Total revenues | $ | 326,160 | $ | 505,995 | |||||
Net loss | $ | (135,586 | ) | $ | (43,834 | ) | |||
NaturalMotion, Ltd. [Member] | ' | ||||||||
Schedule of Revenues and Earnings of Acquired Entity Post Acquisition Period | ' | ||||||||
The amounts of revenue and earnings of NaturalMotion included in the Company’s condensed consolidated statement of operations for the post acquisition period February 12, 2014 to the period ending June 30, 2014 are as follows (in thousands): | |||||||||
February 12, 2014 to | |||||||||
June 30, 2014 | |||||||||
Total revenues | $ | 5,945 | |||||||
Net loss | $ | (36,531 | ) |
Goodwill_and_Other_Intangible_1
Goodwill and Other Intangible Assets (Tables) | 6 Months Ended | ||||||||||||
Jun. 30, 2014 | |||||||||||||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ||||||||||||
Schedule of Goodwill | ' | ||||||||||||
Changes in the carrying value of goodwill from December 31, 2013 to June 30, 2014 are as follows (in thousands): | |||||||||||||
Goodwill – December 31, 2013 | $ | 227,989 | |||||||||||
Additions | 449,906 | ||||||||||||
Foreign currency translation adjustments | 15,919 | ||||||||||||
Goodwill – June 30, 2014 | $ | 693,814 | |||||||||||
Acquisition-Related Intangible Assets | ' | ||||||||||||
Gross Carrying | Accumulated | Net Book Value | |||||||||||
Value | Amortization | ||||||||||||
Developed technology | $ | 157,128 | $ | (82,656 | ) | $ | 74,472 | ||||||
Trademarks, branding and domain names | 16,199 | (6,781 | ) | 9,418 | |||||||||
Acquired lease intangibles | 5,708 | (3,705 | ) | 2,003 | |||||||||
Total | $ | 179,035 | $ | (93,142 | ) | $ | 85,893 | ||||||
Schedule of Finite Lived Intangible Assets Future Amortization Expense | ' | ||||||||||||
As of June 30, 2014, future amortization expense related to the intangible assets is expected to be recognized as shown below (in thousands): | |||||||||||||
Year ending December 31: | |||||||||||||
2014 | $ | 14,818 | |||||||||||
2015 | 28,650 | ||||||||||||
2016 | 26,590 | ||||||||||||
2017 and thereafter | 9,714 | ||||||||||||
Total | $ | 79,772 | |||||||||||
Other_Current_Liabilities_Tabl
Other Current Liabilities (Tables) | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Other Liabilities Disclosure [Abstract] | ' | ||||||||
Schedule of Other Current Liabilities | ' | ||||||||
Other current liabilities consist of the following (in thousands): | |||||||||
June 30, | December 31, | ||||||||
2014 | 2013 | ||||||||
Accrued compensation liability | $ | 19,779 | $ | 10,185 | |||||
Accrued restructuring liability | 11,242 | 6,751 | |||||||
Other current liabilities | 98,508 | 51,930 | |||||||
Total other current liabilities | $ | 129,529 | $ | 68,866 | |||||
Restructuring_Tables
Restructuring (Tables) | 6 Months Ended | ||||||||||||
Jun. 30, 2014 | |||||||||||||
Restructuring And Related Activities [Abstract] | ' | ||||||||||||
Summary of Historical Restructuring Liability | ' | ||||||||||||
The following table presents the activity for the three months ended March 31, 2014 and the three and six months ended June 30, 2014 related to the Q1 2014 restructuring plan (in thousands): | |||||||||||||
Three Months Ended | Six Months Ended | ||||||||||||
March 31, 2014 | June 30, 2014 | June 30, 2014 | |||||||||||
Restructuring liability - beginning of period | $ | — | $ | 21,036 | $ | — | |||||||
Restructuring expense and adjustments | 29,894 | (2,314 | )(1) | 27,580 | |||||||||
Cash payments | (8,858 | ) | (4,716 | ) | (13,574 | ) | |||||||
Restructuring liability (Q1 2014 Plan) - end of period | $ | 21,036 | $ | 14,006 | $ | 14,006 | |||||||
(1) | A $2.3 million adjustment was recorded in the second quarter of 2014 to reduce our restructuring liability as a result of executing a sublease agreement with a new tenant in a data center facility we had previously vacated in the first quarter of 2014. | ||||||||||||
Other Plans | |||||||||||||
The following table presents the activity for the three months ended March 31, 2014 and the three and six months ended June 30, 2014 related to all other remaining historical restructuring plans from prior years (in thousands): | |||||||||||||
Three Months Ended | Six Months Ended | ||||||||||||
March 31, 2014 | June 30, 2014 | June 30, 2014 | |||||||||||
Restructuring liability - beginning of period | $ | 13,561 | $ | 9,813 | $ | 13,561 | |||||||
Restructuring expense and adjustments | (239 | ) | 44 | (195 | ) | ||||||||
Cash payments | (3,509 | ) | (1,729 | ) | (5,238 | ) | |||||||
Restructuring liability (2013 Plan) - end of period | $ | 9,813 | $ | 8,128 | $ | 8,128 | |||||||
Stockholders_Equity_Tables
Stockholders' Equity (Tables) | 6 Months Ended | ||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] | ' | ||||||||||||||||
Stock-Based Expense Related to Grants of Employee and Consultant Stock Options, Warrants, Restricted Stock and ZSUs | ' | ||||||||||||||||
We recorded stock-based expense related to grants of employee and consultant stock options, warrants, restricted stock and ZSUs in our consolidated statements of operations as follows (in thousands): | |||||||||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
Cost of revenue | $ | 1,002 | $ | (1,639 | ) | $ | 2,281 | $ | 294 | ||||||||
Research and development | 17,596 | 15,888 | 36,012 | 36,788 | |||||||||||||
Sales and marketing | 1,860 | 3,973 | 3,318 | 5,386 | |||||||||||||
General and administrative | 8,389 | 7,666 | 15,562 | 13,342 | |||||||||||||
Total stock-based expense | $ | 28,847 | $ | 25,888 | $ | 57,173 | $ | 55,810 | |||||||||
Schedule of Share Based Compensation Stock Option Activity | ' | ||||||||||||||||
The following table shows stock option activity for the six months ended June 30, 2014 (in thousands, except weighted-average exercise price and weighted-average contractual term): | |||||||||||||||||
Outstanding Options | |||||||||||||||||
Weighted- | Aggregate | Weighted- | |||||||||||||||
Average | Intrinsic Value of | Average | |||||||||||||||
Exercise | Stock Options | Contractual Term | |||||||||||||||
Stock Options | Price | Outstanding | (in years) | ||||||||||||||
Balance as of December 31, 2013 | 41,081 | $ | 2.07 | $ | 83,089 | 7.02 | |||||||||||
Granted | 12,963 | 2.41 | |||||||||||||||
Forfeited and cancelled | (2,898 | ) | 2.77 | ||||||||||||||
Exercised | (6,884 | ) | 1.22 | ||||||||||||||
Balance as of June 30, 2014 | 44,262 | $ | 2.25 | $ | 67,251 | 7.3 | |||||||||||
Schedule of Share Based Compensation Restricted Stock Units Award Activity | ' | ||||||||||||||||
The following table shows a summary of ZSU activity for the six months ended June 30, 2014 (in thousands, except weighted-average grant date fair value): | |||||||||||||||||
Outstanding ZSUs | |||||||||||||||||
Shares | Weighted- | Aggregate | |||||||||||||||
Average Grant Date | Intrinsic Value of | ||||||||||||||||
Fair Value | Unvested ZSUs | ||||||||||||||||
Unvested as of December 31, 2013 | 66,997 | $ | 4.96 | $ | 254,589 | ||||||||||||
Granted | 17,303 | 4.78 | |||||||||||||||
Vested | (10,448 | ) | 5.85 | ||||||||||||||
Forfeited and cancelled | (17,365 | ) | 4.71 | ||||||||||||||
Unvested as of June 30, 2014 | 56,487 | $ | 4.81 | $ | 181,323 | ||||||||||||
Schedule of Accumulated Other Comprehensive Income Loss | ' | ||||||||||||||||
The following table shows a summary of changes in accumulated other comprehensive income by component for the three and six months ended June 30, 2014 (in thousands): | |||||||||||||||||
Foreign Currency | Unrealized Gains | Total | |||||||||||||||
Translation | (Losses) on Available- | ||||||||||||||||
for-Sale Securities | |||||||||||||||||
Balance as of March 31, 2014 | $ | 3,994 | $ | 86 | $ | 4,080 | |||||||||||
Other comprehensive income before reclassifications | 13,060 | (1 | ) | 13,059 | |||||||||||||
Amounts reclassified from accumulated other comprehensive income | — | (9 | ) | (9 | ) | ||||||||||||
Net current-period other comprehensive income | 13,060 | (10 | ) | 13,050 | |||||||||||||
Balance as of June 30, 2014 | $ | 17,054 | $ | 76 | $ | 17,130 | |||||||||||
Foreign Currency | Unrealized Gains | Total | |||||||||||||||
Translation | (Losses) on Available- | ||||||||||||||||
for-Sale Securities | |||||||||||||||||
Balance as of December 31, 2013 | $ | (1,259 | ) | $ | 213 | $ | (1,046 | ) | |||||||||
Other comprehensive income before reclassifications | 18,313 | (120 | ) | 18,193 | |||||||||||||
Amounts reclassified from accumulated other comprehensive income | — | (17 | ) | (17 | ) | ||||||||||||
Net current-period other comprehensive income | 18,313 | (137 | ) | 18,176 | |||||||||||||
Balance as of June 30, 2014 | $ | 17,054 | $ | 76 | $ | 17,130 | |||||||||||
Net_Income_Loss_Per_Share_of_C1
Net Income (Loss) Per Share of Common Stock (Tables) | 6 Months Ended | ||||||||||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||||||||||||||
Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share of Common Stock | ' | ||||||||||||||||||||||||
The following table sets forth the computation of basic and diluted net income (loss) per share of common stock (in thousands, except per share data): | |||||||||||||||||||||||||
Three Months Ended June 30, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Class | Class | Class | Class | Class | Class | ||||||||||||||||||||
A | B | C | A | B | C | ||||||||||||||||||||
(unaudited) | |||||||||||||||||||||||||
BASIC: | |||||||||||||||||||||||||
Net income (loss) attributable to common stockholders | $ | (52,332 | ) | $ | (8,731 | ) | $ | (1,470 | ) | $ | (12,161 | ) | $ | (3,235 | ) | $ | (409 | ) | |||||||
Weighted-average common shares outstanding | 730,411 | 121,856 | 20,517 | 610,622 | 162,402 | 20,517 | |||||||||||||||||||
Basic net income (loss) per share | $ | (0.07 | ) | $ | (0.07 | ) | $ | (0.07 | ) | $ | (0.02 | ) | $ | (0.02 | ) | $ | (0.02 | ) | |||||||
DILUTED: | |||||||||||||||||||||||||
Net income (loss) attributable to common stockholders | $ | (52,332 | ) | $ | (8,731 | ) | $ | (1,470 | ) | $ | (12,161 | ) | $ | (3,235 | ) | $ | (409 | ) | |||||||
Reallocation of net income (loss) as a result of conversion of Class C shares to Class A shares | (1,470 | ) | — | — | (409 | ) | — | — | |||||||||||||||||
Reallocation of net income (loss) as a result of conversion of Class B shares to Class A shares | (8,731 | ) | — | — | (3,235 | ) | — | — | |||||||||||||||||
Net income (loss) attributable to common stockholders-diluted | $ | (62,533 | ) | $ | (8,731 | ) | $ | (1,470 | ) | $ | (15,805 | ) | $ | (3,235 | ) | $ | (409 | ) | |||||||
Weighted-average common shares outstanding-basic | 730,411 | 121,856 | 20,517 | 610,622 | 162,402 | 20,517 | |||||||||||||||||||
Conversion of Class C to Class A common shares | 20,517 | — | — | 20,517 | — | — | |||||||||||||||||||
Conversion of Class B to Class A common shares | 121,856 | — | — | 162,402 | — | — | |||||||||||||||||||
Weighted-average common shares outstanding-diluted | 872,784 | 121,856 | 20,517 | 793,541 | 162,402 | 20,517 | |||||||||||||||||||
Diluted net income (loss) per share | $ | (0.07 | ) | $ | (0.07 | ) | $ | (0.07 | ) | $ | (0.02 | ) | $ | (0.02 | ) | $ | (0.02 | ) | |||||||
Six Months Ended June 30, | |||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||
Class | Class | Class | Class | Class | Class | ||||||||||||||||||||
A | B | C | A | B | C | ||||||||||||||||||||
(unaudited) | |||||||||||||||||||||||||
BASIC: | |||||||||||||||||||||||||
Net income (loss) attributable to common stockholders | $ | (103,120 | ) | $ | (17,650 | ) | $ | (2,946 | ) | $ | (8,939 | ) | $ | (2,429 | ) | $ | (304 | ) | |||||||
Weighted-average common shares outstanding | 718,156 | 122,918 | 20,517 | 602,501 | 163,766 | 20,517 | |||||||||||||||||||
Basic net income per share | $ | (0.14 | ) | $ | (0.14 | ) | $ | (0.14 | ) | $ | (0.01 | ) | $ | (0.01 | ) | $ | (0.01 | ) | |||||||
DILUTED: | |||||||||||||||||||||||||
Net income (loss) attributable to common stockholders | $ | (103,120 | ) | $ | (17,650 | ) | $ | (2,946 | ) | $ | (8,939 | ) | $ | (2,429 | ) | $ | (304 | ) | |||||||
Reallocation of net income (loss) as a result of conversion of Class C shares to Class A shares | (2,946 | ) | — | — | (304 | ) | — | — | |||||||||||||||||
Reallocation of net income (loss) as a result of conversion of Class B shares to Class A shares | (17,650 | ) | — | — | (2,429 | ) | — | — | |||||||||||||||||
Net income (loss) attributable to common stockholders-diluted | $ | (123,716 | ) | $ | (17,650 | ) | $ | (2,946 | ) | $ | (11,672 | ) | $ | (2,429 | ) | $ | (304 | ) | |||||||
Weighted-average common shares outstanding-basic | 718,156 | 122,918 | 20,517 | 602,501 | 163,766 | 20,517 | |||||||||||||||||||
Conversion of Class C to Class A common shares outstanding | 20,517 | — | — | 20,517 | — | — | |||||||||||||||||||
Conversion of Class B to Class A common shares outstanding | 122,918 | — | — | 163,766 | — | — | |||||||||||||||||||
Number of shares used in diluted net income (loss) per share | 861,591 | 122,918 | 20,517 | 786,784 | 163,766 | 20,517 | |||||||||||||||||||
Diluted net income (loss) per share | $ | (0.14 | ) | $ | (0.14 | ) | $ | (0.14 | ) | $ | (0.01 | ) | $ | (0.01 | ) | $ | (0.01 | ) | |||||||
Weighted Average Employee Equity Awards | ' | ||||||||||||||||||||||||
The following weighted-average equity awards were excluded from the calculation of diluted net income (loss) per share because their effect would have been anti-dilutive for the periods presented (in thousands): | |||||||||||||||||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||||||||||
Stock options | 44,982 | 64,241 | 43,513 | 68,533 | |||||||||||||||||||||
Warrants | — | 695 | — | 695 | |||||||||||||||||||||
Restricted shares | 14,069 | 5,224 | 11,603 | 5,510 | |||||||||||||||||||||
ZSUs | 59,042 | 64,597 | 58,993 | 60,577 | |||||||||||||||||||||
Total | 118,093 | 134,757 | 114,109 | 135,315 | |||||||||||||||||||||
Commitments_and_Contingencies_
Commitments and Contingencies (Tables) | 6 Months Ended | ||||
Jun. 30, 2014 | |||||
Commitments And Contingencies Disclosure [Abstract] | ' | ||||
Schedule of Future Minimum Lease Payments for Operating Leases | ' | ||||
As of June 30, 2014, future minimum lease payments related to these leases are as follows (in thousands): | |||||
Year ending December 31: | |||||
2014 | $ | 13,114 | |||
2015 | 28,355 | ||||
2016 | 23,089 | ||||
2017 | 13,633 | ||||
2018 | 11,791 | ||||
2019 and thereafter | 33,964 | ||||
$ | 123,946 | ||||
Geographical_Information_Table
Geographical Information (Tables) | 6 Months Ended | ||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||
Segment Reporting [Abstract] | ' | ||||||||||||||||
Revenue by Geographical Area | ' | ||||||||||||||||
The following represents our revenue based on the geographic location of our players (in thousands): | |||||||||||||||||
Revenue | |||||||||||||||||
Three Months Ended | Six Months Ended | ||||||||||||||||
June 30, | June 30, | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
United States | $ | 91,755 | $ | 138,086 | $ | 190,860 | $ | 294,337 | |||||||||
All other countries (1) | 61,477 | 92,649 | 130,392 | 199,987 | |||||||||||||
Total revenue | $ | 153,232 | $ | 230,735 | $ | 321,252 | $ | 494,324 | |||||||||
(1) | No country exceeded 10% of our total revenue for any periods presented. | ||||||||||||||||
Property and Equipment, Net | ' | ||||||||||||||||
The following represents our property and equipment, net by location (in thousands): | |||||||||||||||||
Property and equipment, net | |||||||||||||||||
June 30, | December 31, | ||||||||||||||||
2014 | 2013 | ||||||||||||||||
United States | $ | 313,244 | $ | 345,598 | |||||||||||||
All other countries | 4,014 | 3,195 | |||||||||||||||
Total property and equipment, net | $ | 317,258 | $ | 348,793 | |||||||||||||
Overview_and_Summary_of_Signif2
Overview and Summary of Significant Accounting Policies - Additional Information (Detail) (USD $) | 3 Months Ended | 6 Months Ended | |
In Millions, except Per Share data, unless otherwise specified | Jun. 30, 2014 | Mar. 31, 2014 | Jun. 30, 2014 |
Organization Consolidation And Presentation Of Financial Statements [Abstract] | ' | ' | ' |
Initial offering period | ' | ' | 'December 2011 |
Decrease in revenue and income from continuing operations | $2.20 | ' | $1.50 |
Impact on reported earnings per share | $0 | ' | $0 |
Reduction of non-current liabilities | ' | $33.30 | ' |
Marketable_Securities_Summary_
Marketable Securities - Summary of Available-for-Sale Investments (Detail) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | $1,013,504 | $1,076,233 |
Gross Unrealized Gains | 428 | 522 |
Gross Unrealized Losses | -352 | -308 |
Aggregate Fair Value | 1,013,580 | 1,076,447 |
Municipal securities [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 2,386 | 11,376 |
Gross Unrealized Gains | 1 | 6 |
Gross Unrealized Losses | ' | ' |
Aggregate Fair Value | 2,387 | 11,382 |
U.S. government and government agency debt securities [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 413,192 | 333,632 |
Gross Unrealized Gains | 191 | 160 |
Gross Unrealized Losses | -142 | -51 |
Aggregate Fair Value | 413,241 | 333,741 |
Corporate debt securities [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 597,926 | 731,225 |
Gross Unrealized Gains | 236 | 356 |
Gross Unrealized Losses | -210 | -257 |
Aggregate Fair Value | $597,952 | $731,324 |
Marketable_Securities_Fair_Val
Marketable Securities - Fair Value of Available-for-Sale Marketable Securities by Contractual Maturities (Detail) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Marketable Securities [Abstract] | ' | ' |
Due within one year | $591,610 | ' |
After one year through three years | 421,970 | ' |
Aggregate Fair Value | $1,013,580 | $1,076,447 |
Marketable_Securities_Addition
Marketable Securities - Additional Information (Detail) (USD $) | 6 Months Ended | 12 Months Ended |
In Millions, unless otherwise specified | Jun. 30, 2014 | Dec. 31, 2013 |
Marketable Securities [Abstract] | ' | ' |
Unrealized losses | $0.40 | $0.30 |
Fair value | 447.9 | 240.9 |
Available-for-sale securities, continuous unrealized loss position, less than twelve months, fair value | $0 | $0 |
Fair_Value_Measurements_Additi
Fair Value Measurements - Additional Information (Detail) (USD $) | 6 Months Ended | 0 Months Ended | 3 Months Ended |
In Millions, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2014 | Jun. 30, 2014 |
Maximum [Member] | Research and development [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' |
Maximum amount to be earned | $100 | ' | ' |
Maximum achievable amount | ' | 60 | ' |
Change in fair value of contingent consideration liability | ' | ' | $12.10 |
Fair_Value_Measurements_Fair_V
Fair Value Measurements - Fair Value Assets Measured on Recurring Basis (Detail) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | $1,014,492 | $1,425,868 |
Contingent consideration [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Liabilities Fair Value Disclosure Recurring | 25,070 | 11,720 |
Municipal securities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | 2,387 | 11,382 |
Money market funds [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | 912 | 349,421 |
U.S. government and government agency debt securities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | 413,241 | 333,741 |
Corporate debt securities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | 597,952 | 731,324 |
Fair value, inputs, Level 1 [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | 912 | 349,421 |
Fair value, inputs, Level 1 [Member] | Contingent consideration [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Liabilities Fair Value Disclosure Recurring | ' | ' |
Fair value, inputs, Level 1 [Member] | Municipal securities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | ' | ' |
Fair value, inputs, Level 1 [Member] | Money market funds [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | 912 | 349,421 |
Fair value, inputs, Level 1 [Member] | U.S. government and government agency debt securities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | ' | ' |
Fair value, inputs, Level 1 [Member] | Corporate debt securities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | ' | ' |
Fair value, inputs, Level 2 [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | 1,013,580 | 1,076,447 |
Fair value, inputs, Level 2 [Member] | Contingent consideration [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Liabilities Fair Value Disclosure Recurring | ' | ' |
Fair value, inputs, Level 2 [Member] | Municipal securities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | 2,387 | 11,382 |
Fair value, inputs, Level 2 [Member] | Money market funds [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | ' | ' |
Fair value, inputs, Level 2 [Member] | U.S. government and government agency debt securities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | 413,241 | 333,741 |
Fair value, inputs, Level 2 [Member] | Corporate debt securities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | 597,952 | 731,324 |
Fair value, inputs, Level 3 [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | ' | ' |
Fair value, inputs, Level 3 [Member] | Contingent consideration [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Liabilities Fair Value Disclosure Recurring | 25,070 | 11,720 |
Fair value, inputs, Level 3 [Member] | Municipal securities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | ' | ' |
Fair value, inputs, Level 3 [Member] | Money market funds [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | ' | ' |
Fair value, inputs, Level 3 [Member] | U.S. government and government agency debt securities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | ' | ' |
Fair value, inputs, Level 3 [Member] | Corporate debt securities [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Assets Fair Value Disclosure Recurring | ' | ' |
Property_and_Equipment_Compone
Property and Equipment - Components of Property and Equipment (Detail) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Property, Plant and Equipment [Line Items] | ' | ' |
Property and equipment, gross | $476,229 | $557,371 |
Less accumulated depreciation | -158,971 | -208,578 |
Total property and equipment, net | 317,258 | 348,793 |
Computer equipment [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Property and equipment, gross | 141,637 | 225,063 |
Land [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Property and equipment, gross | 89,130 | 89,130 |
Building [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Property and equipment, gross | 194,507 | 192,512 |
Furniture and fixtures [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Property and equipment, gross | 10,732 | 11,303 |
Leasehold improvements [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Property and equipment, gross | 9,795 | 11,695 |
Software [Member] | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' |
Property and equipment, gross | $30,428 | $27,668 |
Acquisitions_Additional_Inform
Acquisitions - Additional Information (Detail) (USD $) | 6 Months Ended | 6 Months Ended | 0 Months Ended | ||||
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2014 | Feb. 11, 2014 | Feb. 11, 2014 | Feb. 11, 2014 | |
Common Class A [Member] | NaturalMotion, Ltd. [Member] | NaturalMotion, Ltd. [Member] | NaturalMotion, Ltd. [Member] | NaturalMotion, Ltd. [Member] | |||
Common Class A [Member] | Common Class A [Member] | ||||||
Business Acquisition [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Business acquisition effective date of acquisition | ' | ' | ' | 11-Feb-14 | ' | ' | ' |
Business acquisition percentage of voting interests acquired | ' | ' | ' | ' | 100.00% | ' | ' |
Business acquisition, cost of acquired entity, cash paid | ' | ' | ' | $522,158,000 | $522,200,000 | ' | ' |
Common stock, shares | 28,200,000 | ' | ' | 28,178,201 | ' | ' | ' |
Class A Common Stock closing price | ' | ' | $4.63 | ' | ' | ' | ' |
Preliminary fair value of stock options | ' | ' | ' | ' | ' | ' | 29,700,000 |
Purchase consideration | ' | ' | ' | ' | ' | 700,000 | ' |
Allocation for future compensation expense | ' | ' | ' | ' | ' | 29,000,000 | ' |
Common stock granted to continuing employees | ' | ' | ' | ' | ' | 11,600,000 | ' |
Common stock vesting period | ' | ' | ' | ' | ' | '3 years | ' |
Common stock value as on acquisition date | ' | ' | ' | ' | ' | 53,600,000 | ' |
Professional fees and transaction taxes | ' | ' | ' | 6,400,000 | ' | ' | ' |
Stock-based expense | $57,173,000 | $55,810,000 | ' | $12,100,000 | ' | ' | ' |
Acquisitions_Fair_Value_of_Pur
Acquisitions - Fair Value of Purchase Consideration (Detail) (NaturalMotion, Ltd. [Member], USD $) | 6 Months Ended | |
In Thousands, unless otherwise specified | Jun. 30, 2014 | Feb. 11, 2014 |
NaturalMotion, Ltd. [Member] | ' | ' |
Business Acquisition [Line Items] | ' | ' |
Cash | $391,000 | ' |
Common stock | 130,465 | ' |
Fair value of stock options assumed | 693 | ' |
Total | $522,158 | $522,200 |
Acquisitions_Fair_Value_of_Pur1
Acquisitions - Fair Value of Purchase Consideration (Parenthetical) (Detail) | 6 Months Ended |
Jun. 30, 2014 | |
Business Acquisition [Line Items] | ' |
Common stock, shares | 28,200,000 |
NaturalMotion, Ltd. [Member] | ' |
Business Acquisition [Line Items] | ' |
Common stock, shares | 28,178,201 |
Acquisitions_Schedule_of_Purch
Acquisitions - Schedule of Purchase Price Allocation (Detail) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 | Jun. 30, 2014 | Feb. 11, 2014 | Jun. 30, 2014 | Jun. 30, 2014 |
In Thousands, unless otherwise specified | NaturalMotion, Ltd. [Member] | NaturalMotion, Ltd. [Member] | NaturalMotion, Ltd. [Member] | NaturalMotion, Ltd. [Member] | ||
Developed technology [Member] | Branding and trade names [Member] | |||||
Business Acquisition [Line Items] | ' | ' | ' | ' | ' | ' |
Preliminary Estimated Fair Value, Tangible assets net of (liabilities) assumed | ' | ' | ($2,648) | ' | ' | ' |
Preliminary Estimated Fair Value, Intangible assets | ' | ' | ' | ' | 59,900 | 15,000 |
Preliminary Estimated Fair Value, Goodwill | 693,814 | 227,989 | 449,906 | ' | ' | ' |
Preliminary Estimated Fair Value, Total | ' | ' | $522,158 | $522,200 | ' | ' |
Preliminary Estimated Weighted Average Useful Life | ' | ' | ' | ' | '3 years | '4 years 7 months 6 days |
Acquisitions_Schedule_of_Reven
Acquisitions - Schedule of Revenues and Earnings of Acquired Entity Post Acquisition Period (Detail) (NaturalMotion, Ltd. [Member], USD $) | 5 Months Ended |
In Thousands, unless otherwise specified | Jun. 30, 2014 |
NaturalMotion, Ltd. [Member] | ' |
Business Combination, Separately Recognized Transactions [Line Items] | ' |
Total revenues | $5,945 |
Net loss | ($36,531) |
Acquisitions_Pro_Forma_Financi
Acquisitions - Pro Forma Financial Information (Detail) (USD $) | 6 Months Ended | |
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 |
Business Acquisition Pro Forma Information [Abstract] | ' | ' |
Total revenues | $326,160 | $505,995 |
Net loss | ($135,586) | ($43,834) |
Goodwill_and_Other_Intangible_2
Goodwill and Other Intangible Assets - Schedule of Goodwill (Detail) (USD $) | 6 Months Ended |
In Thousands, unless otherwise specified | Jun. 30, 2014 |
Goodwill [Roll Forward] | ' |
Goodwill, beginning balance | $227,989 |
Additions | 449,906 |
Foreign currency translation adjustments | 15,919 |
Goodwill, ending balance | $693,814 |
Goodwill_and_Other_Intangible_3
Goodwill and Other Intangible Assets - Acquisition-Related Intangible Assets (Detail) (USD $) | Jun. 30, 2014 |
In Thousands, unless otherwise specified | |
Finite-Lived Intangible Assets [Line Items] | ' |
Gross Carrying Value | $179,035 |
Accumulated Amortization | -93,142 |
Net Book Value | 85,893 |
Developed technology [Member] | ' |
Finite-Lived Intangible Assets [Line Items] | ' |
Gross Carrying Value | 157,128 |
Accumulated Amortization | -82,656 |
Net Book Value | 74,472 |
Trademarks, branding and domain names [Member] | ' |
Finite-Lived Intangible Assets [Line Items] | ' |
Gross Carrying Value | 16,199 |
Accumulated Amortization | -6,781 |
Net Book Value | 9,418 |
Acquired lease intangibles [Member] | ' |
Finite-Lived Intangible Assets [Line Items] | ' |
Gross Carrying Value | 5,708 |
Accumulated Amortization | -3,705 |
Net Book Value | $2,003 |
Goodwill_and_Other_Intangible_4
Goodwill and Other Intangible Assets - Schedule of Finite Lived Intangible Assets Future Amortization Expense (Detail) (USD $) | Jun. 30, 2014 |
In Thousands, unless otherwise specified | |
Finite Lived Intangible Assets Future Amortization Expense Current And Five Succeeding Fiscal Years [Abstract] | ' |
2014 | $14,818 |
2015 | 28,650 |
2016 | 26,590 |
2017 and thereafter | 9,714 |
Total | $79,772 |
Income_Taxes_Additional_Inform
Income Taxes - Additional Information (Detail) (USD $) | 3 Months Ended | 6 Months Ended | 3 Months Ended | 12 Months Ended | ||
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | |
Federal research and development tax credit [Member] | Foreign [Member] | |||||
Schedule Of Allocation Of Income Tax Expense Benefit [Line Items] | ' | ' | ' | ' | ' | ' |
Decrease in income tax expense benefit | $16,000,000 | ' | $17,700,000 | ' | ' | ' |
Incremental benefit | ' | ' | ' | ' | 5,000,000 | ' |
Changes in estimated jurisdictional mix of earnings | ' | 16,000,000 | 12,700,000 | ' | ' | ' |
Provision for (benefit from) income taxes | ($2,012,000) | ($17,989,000) | ($9,091,000) | ($26,755,000) | ' | $0 |
Other_Current_Liabilities_Sche
Other Current Liabilities - Schedule of Other Current Liabilities (Detail) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Other Liabilities Disclosure [Abstract] | ' | ' |
Accrued compensation liability | $19,779 | $10,185 |
Accrued restructuring liability | 11,242 | 6,751 |
Other current liabilities | 98,508 | 51,930 |
Total other current liabilities | $129,529 | $68,866 |
Restructuring_Additional_Infor
Restructuring - Additional Information (Detail) (USD $) | 6 Months Ended | ||
Jun. 30, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Total restructuring charge | $27,400,000 | ' | ' |
Restructuring liability | 8,128,000 | 9,813,000 | 13,561,000 |
Restructuring liability, expected paid out period | '3 years 3 months 18 days | ' | ' |
Cost of revenue [Member] | ' | ' | ' |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Total restructuring charge | 1,300,000 | ' | ' |
Research and development [Member] | ' | ' | ' |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Total restructuring charge | 9,600,000 | ' | ' |
Sales and marketing [Member] | ' | ' | ' |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Total restructuring charge | 1,500,000 | ' | ' |
General and administrative [Member] | ' | ' | ' |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Total restructuring charge | 15,000,000 | ' | ' |
2014 Restructuring Plan [Member] | ' | ' | ' |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Total restructuring charge | 27,500,000 | ' | ' |
Employee severance pay and related costs | 13,400,000 | ' | ' |
Reversal of accumulated deferred rent liability | 14,100,000 | ' | ' |
Stock-based expense reversals | 2,400,000 | ' | ' |
Restructuring liability | $14,006,000 | $21,036,000 | $0 |
Restructuring liability, expected paid out period | '2 years 6 months | ' | ' |
Restructuring_Summary_of_Histo
Restructuring - Summary of Historical Restructuring Liability (Detail) (USD $) | 3 Months Ended | 6 Months Ended | |
In Thousands, unless otherwise specified | Jun. 30, 2014 | Mar. 31, 2014 | Jun. 30, 2014 |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Restructuring liability, Beginning balance | $9,813 | $13,561 | $13,561 |
Restructuring expense and adjustments | 44 | -239 | -195 |
Cash payments | -1,729 | -3,509 | -5,238 |
Restructuring liability, Ending balance | 8,128 | 9,813 | 8,128 |
2014 Restructuring Plan [Member] | ' | ' | ' |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Restructuring liability, Beginning balance | 21,036 | 0 | 0 |
Restructuring expense and adjustments | -2,314 | 29,894 | 27,580 |
Cash payments | -4,716 | -8,858 | -13,574 |
Restructuring liability, Ending balance | $14,006 | $21,036 | $14,006 |
Restructuring_Summary_of_Histo1
Restructuring - Summary of Historical Restructuring Liability (Parenthetical) (Detail) (USD $) | 3 Months Ended | 6 Months Ended | |
In Thousands, unless otherwise specified | Jun. 30, 2014 | Mar. 31, 2014 | Jun. 30, 2014 |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Restructuring expense and adjustments | $44 | ($239) | ($195) |
2014 Restructuring Plan [Member] | ' | ' | ' |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Restructuring expense and adjustments | ($2,314) | $29,894 | $27,580 |
Stockholders_Equity_StockBased
Stockholders' Equity - Stock-Based Expense Related to Grants of Employee and Consultant Stock Options, Warrants, Restricted Stock and ZSUs (Detail) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ' | ' | ' | ' |
Total stock-based expense | $28,847 | $25,888 | $57,173 | $55,810 |
Cost of revenue [Member] | ' | ' | ' | ' |
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ' | ' | ' | ' |
Total stock-based expense | 1,002 | -1,639 | 2,281 | 294 |
Research and development [Member] | ' | ' | ' | ' |
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ' | ' | ' | ' |
Total stock-based expense | 17,596 | 15,888 | 36,012 | 36,788 |
Sales and marketing [Member] | ' | ' | ' | ' |
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ' | ' | ' | ' |
Total stock-based expense | 1,860 | 3,973 | 3,318 | 5,386 |
General and administrative [Member] | ' | ' | ' | ' |
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ' | ' | ' | ' |
Total stock-based expense | $8,389 | $7,666 | $15,562 | $13,342 |
Stockholders_Equity_Schedule_o
Stockholders' Equity - Schedule of Share Based Compensation Stock Option Activity (Detail) (USD $) | 6 Months Ended | 12 Months Ended |
In Thousands, except Per Share data, unless otherwise specified | Jun. 30, 2014 | Dec. 31, 2013 |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding [Roll Forward] | ' | ' |
Stock Options Outstanding, Beginning balance | 41,081 | ' |
Stock Options, Granted | 12,963 | ' |
Stock Options, Forfeited and cancelled | -2,898 | ' |
Stock Options, Exercised | -6,884 | ' |
Stock Options Outstanding, Ending balance | 44,262 | 41,081 |
Outstanding Options, Weighted Average Exercise Price, Beginning Balance | $2.07 | ' |
Weighted Average Exercise Price, Granted | $2.41 | ' |
Weighted Average Exercise Price, Forfeited and cancelled | $2.77 | ' |
Weighted Average Exercise Price, Exercised | $1.22 | ' |
Outstanding Options, Weighted Average Exercise Price, Ending Balance | $2.25 | $2.07 |
Outstanding Options, Aggregate Value of Stock Options Outstanding | $67,251 | $83,089 |
Weighted Average Contractual Term (in years) | '7 years 3 months 18 days | '7 years 7 days |
Stockholders_Equity_Schedule_o1
Stockholders' Equity - Schedule of Share Based Compensation Restricted Stock Units Award Activity (Detail) (USD $) | 6 Months Ended |
In Thousands, except Per Share data, unless otherwise specified | Jun. 30, 2014 |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested [Roll Forward] | ' |
Nonvested Outstanding Shares, Beginning balance | 66,997 |
Nonvested Shares, Granted | 17,303 |
Nonvested Shares, Vested | -10,448 |
Nonvested Shares, Forfeited and cancelled | -17,365 |
Nonvested Outstanding Shares, Ending balance | 56,487 |
Weighted Average Grant Date Fair Value, Beginning balance | $4.96 |
Weighted Average Grant Date Fair Value, Granted | $4.78 |
Weighted Average Grant Date Fair Value, Vested | $5.85 |
Weighted Average Grant Date Fair Value, Forfeited and cancelled | $4.71 |
Weighted Average Grant Date Fair Value, Ending balance | $4.81 |
Nonvested Aggregated intrinsic value, Beginning balance | $254,589 |
Nonvested Aggregated intrinsic value, Ending balance | $181,323 |
Stockholders_Equity_Schedule_o2
Stockholders' Equity - Schedule of Accumulated Other Comprehensive Income Loss (Detail) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' |
Accumulated other comprehensive income (loss), net of tax, Beginning balance | $4,080 | ' | ($1,046) | ' |
Other comprehensive income loss before reclassifications net of tax | 13,059 | ' | 18,193 | ' |
Reclassification from accumulated other comprehensive income current period net of tax | -9 | ' | -17 | ' |
Other comprehensive income (loss) | 13,050 | 321 | 18,176 | -464 |
Accumulated other comprehensive income (loss), net of tax, Ending balance | 17,130 | ' | 17,130 | ' |
Foreign Currency Translation [Member] | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' |
Accumulated other comprehensive income (loss), net of tax, Beginning balance | 3,994 | ' | -1,259 | ' |
Other comprehensive income loss before reclassifications net of tax | 13,060 | ' | 18,313 | ' |
Reclassification from accumulated other comprehensive income current period net of tax | ' | ' | ' | ' |
Other comprehensive income (loss) | 13,060 | ' | 18,313 | ' |
Accumulated other comprehensive income (loss), net of tax, Ending balance | 17,054 | ' | 17,054 | ' |
Unrealized Gains (Losses) on Available-for-Sale Securities [Member] | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' |
Accumulated other comprehensive income (loss), net of tax, Beginning balance | 86 | ' | 213 | ' |
Other comprehensive income loss before reclassifications net of tax | -1 | ' | -120 | ' |
Reclassification from accumulated other comprehensive income current period net of tax | -9 | ' | -17 | ' |
Other comprehensive income (loss) | -10 | ' | -137 | ' |
Accumulated other comprehensive income (loss), net of tax, Ending balance | $76 | ' | $76 | ' |
Stockholders_Equity_Additional
Stockholders' Equity - Additional Information (Detail) (USD $) | 1 Months Ended | 3 Months Ended | 6 Months Ended |
In Millions, except Share data, unless otherwise specified | Oct. 31, 2012 | Jun. 30, 2014 | Jun. 30, 2014 |
Equity [Abstract] | ' | ' | ' |
Stock repurchase program authorized amount | $200 | ' | ' |
Stock repurchase program remaining authorized repurchase amount | ' | ' | $178.90 |
Stock repurchase program number of shares repurchased | ' | 0 | ' |
Stock repurchase program expiry date | ' | ' | 31-Oct-14 |
Net_Income_Loss_Per_Share_of_C2
Net Income (Loss) Per Share of Common Stock - Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share of Common Stock (Detail) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
BASIC: | ' | ' | ' | ' |
Net income (loss) attributable to common stockholders | ($62,533) | ($15,805) | ($123,716) | ($11,672) |
Weighted-average common shares outstanding | 872,784 | 793,541 | 861,591 | 786,784 |
Basic net income (loss) per share | ($0.07) | ($0.02) | ($0.14) | ($0.01) |
DILUTED: | ' | ' | ' | ' |
Weighted-average common shares outstanding-basic | 872,784 | 793,541 | 861,591 | 786,784 |
Weighted-average common shares outstanding-diluted | 872,784 | 793,541 | 861,591 | 786,784 |
Diluted net income (loss) per share | ($0.07) | ($0.02) | ($0.14) | ($0.01) |
Common Class A [Member] | ' | ' | ' | ' |
BASIC: | ' | ' | ' | ' |
Net income (loss) attributable to common stockholders | -52,332 | -12,161 | -103,120 | -8,939 |
Weighted-average common shares outstanding | 730,411 | 610,622 | 718,156 | 602,501 |
Basic net income (loss) per share | ($0.07) | ($0.02) | ($0.14) | ($0.01) |
DILUTED: | ' | ' | ' | ' |
Net income (loss) attributable to common stockholders | -52,332 | -12,161 | -103,120 | -8,939 |
Net income (loss) attributable to common stockholders-diluted | -62,533 | -15,805 | -123,716 | -11,672 |
Weighted-average common shares outstanding-basic | 730,411 | 610,622 | 718,156 | 602,501 |
Weighted-average common shares outstanding-diluted | 872,784 | 793,541 | 861,591 | 786,784 |
Diluted net income (loss) per share | ($0.07) | ($0.02) | ($0.14) | ($0.01) |
Common Class A [Member] | Class C Convert To Class A [Member] | ' | ' | ' | ' |
DILUTED: | ' | ' | ' | ' |
Reallocation of net income (loss) as a result of common stock class conversion | -1,470 | -409 | -2,946 | -304 |
Conversion of common stock class | 20,517 | 20,517 | 20,517 | 20,517 |
Common Class A [Member] | Class B Convert to Class A [Member] | ' | ' | ' | ' |
DILUTED: | ' | ' | ' | ' |
Reallocation of net income (loss) as a result of common stock class conversion | -8,731 | -3,235 | -17,650 | -2,429 |
Conversion of common stock class | 121,856 | 162,402 | 122,918 | 163,766 |
Common Class B [Member] | ' | ' | ' | ' |
BASIC: | ' | ' | ' | ' |
Net income (loss) attributable to common stockholders | -8,731 | -3,235 | -17,650 | -2,429 |
Weighted-average common shares outstanding | 121,856 | 162,402 | 122,918 | 163,766 |
Basic net income (loss) per share | ($0.07) | ($0.02) | ($0.14) | ($0.01) |
DILUTED: | ' | ' | ' | ' |
Net income (loss) attributable to common stockholders | -8,731 | -3,235 | -17,650 | -2,429 |
Net income (loss) attributable to common stockholders-diluted | -8,731 | -3,235 | -17,650 | -2,429 |
Weighted-average common shares outstanding-basic | 121,856 | 162,402 | 122,918 | 163,766 |
Weighted-average common shares outstanding-diluted | 121,856 | 162,402 | 122,918 | 163,766 |
Diluted net income (loss) per share | ($0.07) | ($0.02) | ($0.14) | ($0.01) |
Common Class B [Member] | Class C Convert To Class A [Member] | ' | ' | ' | ' |
DILUTED: | ' | ' | ' | ' |
Reallocation of net income (loss) as a result of common stock class conversion | ' | ' | ' | ' |
Conversion of common stock class | ' | ' | ' | ' |
Common Class B [Member] | Class B Convert to Class A [Member] | ' | ' | ' | ' |
DILUTED: | ' | ' | ' | ' |
Reallocation of net income (loss) as a result of common stock class conversion | ' | ' | ' | ' |
Conversion of common stock class | ' | ' | ' | ' |
Common Class C [Member] | ' | ' | ' | ' |
BASIC: | ' | ' | ' | ' |
Net income (loss) attributable to common stockholders | -1,470 | -409 | -2,946 | -304 |
Weighted-average common shares outstanding | 20,517 | 20,517 | 20,517 | 20,517 |
Basic net income (loss) per share | ($0.07) | ($0.02) | ($0.14) | ($0.01) |
DILUTED: | ' | ' | ' | ' |
Net income (loss) attributable to common stockholders | -1,470 | -409 | -2,946 | -304 |
Net income (loss) attributable to common stockholders-diluted | -1,470 | -409 | -2,946 | -304 |
Weighted-average common shares outstanding-basic | 20,517 | 20,517 | 20,517 | 20,517 |
Weighted-average common shares outstanding-diluted | 20,517 | 20,517 | 20,517 | 20,517 |
Diluted net income (loss) per share | ($0.07) | ($0.02) | ($0.14) | ($0.01) |
Common Class C [Member] | Class C Convert To Class A [Member] | ' | ' | ' | ' |
DILUTED: | ' | ' | ' | ' |
Reallocation of net income (loss) as a result of common stock class conversion | ' | ' | ' | ' |
Conversion of common stock class | ' | ' | ' | ' |
Common Class C [Member] | Class B Convert to Class A [Member] | ' | ' | ' | ' |
DILUTED: | ' | ' | ' | ' |
Reallocation of net income (loss) as a result of common stock class conversion | ' | ' | ' | ' |
Conversion of common stock class | ' | ' | ' | ' |
Net_Income_Loss_Per_Share_of_C3
Net Income (Loss) Per Share of Common Stock - Weighted Average Employee Equity Awards (Detail) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' |
Anti-dilutive securities excluded from computation of earnings per share amount | 118,093 | 134,757 | 114,109 | 135,315 |
Warrants [Member] | ' | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' |
Anti-dilutive securities excluded from computation of earnings per share amount | ' | 695 | ' | 695 |
Restricted shares [Member] | ' | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' |
Anti-dilutive securities excluded from computation of earnings per share amount | 14,069 | 5,224 | 11,603 | 5,510 |
ZSUs [Member] | ' | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' |
Anti-dilutive securities excluded from computation of earnings per share amount | 59,042 | 64,597 | 58,993 | 60,577 |
Zynga Stock options [Member] | ' | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' |
Anti-dilutive securities excluded from computation of earnings per share amount | 44,982 | 64,241 | 43,513 | 68,533 |
Commitments_and_Contingencies_1
Commitments and Contingencies - Schedule of Future Minimum Lease Payments for Operating Leases (Detail) (USD $) | Jun. 30, 2014 |
In Thousands, unless otherwise specified | |
Operating Leases Future Minimum Payments Due [Abstract] | ' |
2014 | $13,114 |
2015 | 28,355 |
2016 | 23,089 |
2017 | 13,633 |
2018 | 11,791 |
2019 and thereafter | 33,964 |
Total operating leases, future minimum payments | $123,946 |
Commitments_and_Contingencies_2
Commitments and Contingencies - Additional Information (Detail) (USD $) | 1 Months Ended | 6 Months Ended | 0 Months Ended | 11 Months Ended | 0 Months Ended | 1 Months Ended | 6 Months Ended | ||||||
In Millions, unless otherwise specified | Jun. 30, 2013 | Jun. 30, 2014 | Apr. 02, 2014 | Nov. 19, 2012 | Mar. 11, 2012 | Jul. 30, 2012 | Aug. 01, 2012 | Apr. 04, 2013 | Jun. 30, 2013 | Aug. 03, 2012 | Aug. 16, 2012 | Jun. 30, 2013 | Jun. 30, 2014 |
Delaware [Member] | Delaware [Member] | Delaware [Member] | Case one [Member] | Reyes v. Zynga Inc. [Member] | Lee v. Pincus [Member] | Stockholder Derivative Lawsuits [Member] | Zynga Shareholder Derivative Litigation [Member] | Zynga Inc. Derivative Litigation [Member] | Amended Credit Facility [Member] | Amended Credit Facility [Member] | |||
Cases | Cases | Cases | Northern California [Member] | San Francisco [Member] | Delaware [Member] | Cases | San Francisco [Member] | Northern California [Member] | |||||
Cases | Cases | Cases | Cases | Cases | |||||||||
Loss Contingencies [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of credit facility, initiation date | ' | 31-Jul-11 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt instrument issuance date | '2018-06 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of credit facility maximum borrowing capacity | $1,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $200 | ' |
Line of credit facility additional up-front fees | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.3 | ' |
Line of credit facility frequency of commitment fee payment | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'Quarterly |
Line of credit facility commitment fee amount | $0.60 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0.10 | ' |
Line of credit facility, interest rate description | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'The interest rate for the amended credit facility is determined based on a formula using certain market rates, as described in the amended credit agreement. |
Claims filed | ' | ' | 1 | ' | 1 | 1 | 1 | 1 | 9 | 3 | 4 | ' | ' |
Claims settled | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Geographical_Information_Reven
Geographical Information - Revenue by Geographical Area (Detail) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Revenues from External Customers and Long-Lived Assets [Line Items] | ' | ' | ' | ' |
Revenues | $153,232 | $230,735 | $321,252 | $494,324 |
United States [Member] | ' | ' | ' | ' |
Revenues from External Customers and Long-Lived Assets [Line Items] | ' | ' | ' | ' |
Revenues | 91,755 | 138,086 | 190,860 | 294,337 |
All other countries [Member] | ' | ' | ' | ' |
Revenues from External Customers and Long-Lived Assets [Line Items] | ' | ' | ' | ' |
Revenues | $61,477 | $92,649 | $130,392 | $199,987 |
Geographical_Information_Reven1
Geographical Information - Revenue by Geographical Area (Parenthetical) (Detail) | 6 Months Ended |
Jun. 30, 2014 | |
Segment Reporting [Abstract] | ' |
Percentage of total revenue | 10.00% |
Geographical_Information_Prope
Geographical Information - Property and Equipment, Net (Detail) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Revenues from External Customers and Long-Lived Assets [Line Items] | ' | ' |
Property plant and equipment, net | $317,258 | $348,793 |
United States [Member] | ' | ' |
Revenues from External Customers and Long-Lived Assets [Line Items] | ' | ' |
Property plant and equipment, net | 313,244 | 345,598 |
All other countries [Member] | ' | ' |
Revenues from External Customers and Long-Lived Assets [Line Items] | ' | ' |
Property plant and equipment, net | $4,014 | $3,195 |