XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.20.2

Convertible Senior Notes (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | The total net proceeds from the notes are as follows (in thousands):
| 2025 Notes |  | 2023 Notes
Principal amount | $ | 800,000 |  |  | $ | 345,000 |
Less initial purchasers’ discount | (18,998) |  |  | (8,625) |
Less other issuance costs | (822) |  |  | (757) |
Net proceeds | $ | 780,180 |  |  | $ | 335,618 |
Schedule of Debt | The net carrying amount of the liability component of the notes is as follows (in thousands):
| June 30, 2020 |  |  |  | December 31, 2019 |  |
| 2025 Notes |  | 2023 Notes |  | 2025 Notes |  | 2023 Notes
Principal | $ | 800,000 |  |  | $ | 344,998 |  |  | $ | 800,000 |  |  | $ | 345,000 |
Unamortized debt discount | (167,016) |  |  | (36,029) |  |  | (184,698) |  |  | (42,280) |
Unamortized issuance costs | (11,476) |  |  | (4,284) |  |  | (12,691) |  |  | (5,028) |
Net carrying amount (liability) | $ | 621,508 |  |  | $ | 304,685 |  |  | $ | 602,611 |  |  | $ | 297,692 |
The net carrying amount of the equity component of the notes is as follows (in thousands):
| June 30, 2020 |  |  |  | December 31, 2019 |  |
| 2025 Notes |  | 2023 Notes |  | 2025 Notes |  | 2023 Notes
Debt discount for conversion option | $ | 212,000 |  |  | $ | 64,192 |  |  | $ | 212,000 |  |  | $ | 64,193 |
Issuance costs | (5,253) |  |  | (1,749) |  |  | (5,253) |  |  | (1,749) |
Net carrying amount (equity) | $ | 206,747 |  |  | $ | 62,443 |  |  | $ | 206,747 |  |  | $ | 62,444 |
Schedule Of Interest Expense Recognized | The following tables set forth the total interest expense recognized related to the notes (in thousands):
| Three Months Ended June 30, |  |  |  |  |  |
| 2020 |  |  |  | 2019 |  |
| 2025 Notes |  | 2023 Notes |  | 2025 Notes |  | 2023 Notes
Contractual interest expense | $ | 249 |  |  | $ | 215 |  |  | $ | 251 |  |  | $ | 215 |
Amortization of debt discount | 8,842 |  |  | 3,126 |  |  | 8,914 |  |  | 3,125 |
Amortization of issuance costs | 607 |  |  | 371 |  |  | 613 |  |  | 368 |
Total interest expense | $ | 9,698 |  |  | $ | 3,712 |  |  | $ | 9,778 |  |  | $ | 3,708 |
| Six Months Ended June 30, |  |  |  |  |  |
| 2020 |  |  |  | 2019 |  |
| 2025 Notes |  | 2023 Notes |  | 2025 Notes |  | 2023 Notes
Contractual interest expense | $ | 498 |  |  | $ | 430 |  |  | $ | 265 |  |  | $ | 428 |
Amortization of debt discount | 17,683 |  |  | 6,251 |  |  | 9,424 |  |  | 6,216 |
Amortization of issuance costs | 1,215 |  |  | 743 |  |  | 648 |  |  | 737 |
Total interest expense | $ | 19,396 |  |  | $ | 7,424 |  |  | $ | 10,337 |  |  | $ | 7,381 |

X
- Definition Schedule Of Interest Expense Recognized [Table Text Block] + References No definition available. + Details
Name: | chgg_ScheduleOfInterestExpenseRecognizedTableTextBlock
Namespace Prefix: | chgg_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration