XML 45 R29.htm IDEA: XBRL DOCUMENT
v3.22.1

Stockholders' Equity (Tables) | 9 Months Ended
--- | ---
Apr. 30, 2022
Equity [Abstract] |
Total share-based compensation expense | The following table summarizes the total share-based compensation expense that we recorded in operating income for the periods shown.
| Three Months Ended |  | Nine Months Ended
(In millions) | April 30, 2022 |  | April 30, 2021 |  | April 30, 2022 |  | April 30, 2021
Cost of revenue | $ | 40 |  |  | $ | 16 |  |  | $ | 105 |  |  | $ | 47 |
Selling and marketing | 85 |  |  | 51 |  |  | 232 |  |  | 127 |
Research and development | 138 |  |  | 82 |  |  | 379 |  |  | 187 |
General and administrative | 83 |  |  | 69 |  |  | 246 |  |  | 148 |
Total share-based compensation expense | $ | 346 |  |  | $ | 218 |  |  | $ | 962 |  |  | $ | 509 |
Summary of share-based awards available for grant | A summary of share-based awards available for grant under our plans for the nine months ended April 30, 2022 was as follows:
(Shares in thousands) | Shares Available for Grant
Balance at July 31, 2021 | 16,851 |
Additional shares authorized | 19,903 |
Restricted stock units granted (1) | (4,519) |
Options granted | — |
Share-based awards canceled/forfeited/expired (1) (2) | 3,339 |
Balance at April 30, 2022 | 35,574 |
(1)RSUs granted from the pool of shares available for grant under our 2005 Equity Incentive Plan reduce the pool by 2.3 shares for each share granted. RSUs forfeited and returned to the pool of shares available for grant under the 2005 Equity Incentive Plan increase the pool by 2.3 shares for each share forfeited. Through January 20, 2022 shares granted from the Credit Karma Plan reduce the pool by one share for each share granted and shares forfeited and returned to the pool from the Credit Karma Plan increase the pool by one share for each share forfeited. Beginning January 20, 2022, shares forfeited and returned to the pool from the Credit Karma Plan increase the pool by 2.3 shares for each share forfeited. No shares were granted from the Credit Karma Plan after January 20, 2022. (2)Stock options and RSUs canceled, expired or forfeited under our 2005 Equity Incentive Plan and Credit Karma Plan are returned to the pool of shares available for grant. Under the 2005 Equity Incentive Plan, shares withheld for income taxes upon vesting of RSUs that were granted on or after July 21, 2016 are also returned to the pool of shares available for grant. Stock options and RSUs canceled, expired or forfeited under older expired plans are not returned to the pool of shares available for grant. Under the Credit Karma Plan, shares withheld for income taxes are also returned to the pool of shares available for grant.
Summary of restricted stock unit activity | A summary of restricted stock unit (RSU) and restricted stock activity for the nine months ended April 30, 2022 was as follows:
(Shares in thousands) | Number of Shares |  | Weighted Average Grant Date Fair Value
Nonvested at July 31, 2021 | 9,038 |  |  | $ | 345.86 |
Granted (1) | 2,134 |  |  | 568.65 |
Vested | (2,205) |  |  | 318.74 |
Forfeited | (813) |  |  | 354.69 |
Nonvested at April 30, 2022 | 8,154 |  |  | $ | 410.63 |
(1)Includes approximately 583,000 RSUs granted to the employees of Mailchimp in substitution of outstanding equity incentive awards with a grant date fair value of $355 million and approximately 325,000 RSUs granted to the employees of Mailchimp in connection with the acquisition with a grant date fair value of $211 million. See Note 5, "Business Combinations."
Summary of stock option activity | A summary of stock option activity for the nine months ended April 30, 2022 was as follows:
| Options Outstanding
(Shares in thousands) | Number of Shares |  | Weighted Average Exercise Price Per Share
Balance at July 31, 2021 | 2,204 |  |  | $ | 251.48 |
Granted | — |  |  | — |
Exercised | (151) |  |  | 166.02 |
Canceled or expired | (20) |  |  | 503.05 |
Balance at April 30, 2022 | 2,033 |  |  | $ | 255.38 |
Exercisable at April 30, 2022 | 1,400 |  |  | $ | 188.29 |

X
- Definition Activity under all share-based compensation plans. + References No definition available. + Details
Name: | intu_ActivityUnderAllShareBasedCompensationPlansTableTextBlock
Namespace Prefix: | intu_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration