10-Q Filing

TYLER TECHNOLOGIES INC CIK: 860731 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0000860731-22-000017`
Period End Date	20220331
Filing Date	20220427
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	tyl-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 28 Cash Flow Statement 68 Stockholders Equity 24 Comprehensive Income 12

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.09M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$13.96M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$10.00	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$10.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$309.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$243.26M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable (less allowance for losses and sales adjustments of $13,965 in 2022 and $12,086 in 2021)	`AccountsReceivableNetCurrent`	$521.06M	USD	Point-in-time
Accounts receivable (less allowance for losses and sales adjustments of $13,965 in 2022 and $12,086 in 2021)	`AccountsReceivableNetCurrent`	$501.20M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$44.97M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$52.30M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$55.51M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$63.59M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	48.15M	shares	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	-	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	48.15M	shares	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	$18.14M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.15M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	48.15M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	48.15M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.88M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	6.83M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	6.70M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$964.33M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$859.90M	USD	Point-in-time
Accounts receivable, long-term	`AccountsReceivableNetNoncurrent`	$14.74M	USD	Point-in-time
Accounts receivable, long-term	`AccountsReceivableNetNoncurrent`	$13.94M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$39.72M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$42.37M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$177.51M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$181.19M	USD	Point-in-time
Software development costs, net	`CapitalizedComputerSoftwareNet`	$28.49M	USD	Point-in-time
Software development costs, net	`CapitalizedComputerSoftwareNet`	$36.31M	USD	Point-in-time
Goodwill	`Goodwill`	$2.44B	USD	Point-in-time
Goodwill	`Goodwill`	$2.36B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$1.05B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$1.07B	USD	Point-in-time
Non-current investments	`LongTermInvestments`	$46.35M	USD	Point-in-time
Non-current investments	`LongTermInvestments`	$34.34M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$45.97M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$45.31M	USD	Point-in-time
Assets, Total	`Assets`	$4.72B	USD	Point-in-time
Assets, Total	`Assets`	$4.73B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$119.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$128.28M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$158.42M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$140.94M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$10.56M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$11.19M	USD	Point-in-time
Current income tax payable	`TaxesPayableCurrent`	$1.37M	USD	Point-in-time
Current income tax payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$454.68M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$510.53M	USD	Point-in-time
Current portion of term loans	`LoansPayableCurrent`	$30.00M	USD	Point-in-time
Current portion of term loans	`LoansPayableCurrent`	$30.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$829.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$766.46M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	-	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	-	USD	Point-in-time
Term loans	`MediumtermNotesNoncurrent`	$718.51M	USD	Point-in-time
Term loans	`MediumtermNotesNoncurrent`	$698.99M	USD	Point-in-time
Convertible senior notes due 2026, net	`ConvertibleDebtNoncurrent`	$592.76M	USD	Point-in-time
Convertible senior notes due 2026, net	`ConvertibleDebtNoncurrent`	$593.19M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$38.00K	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	-	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$230.29M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$228.09M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$38.40M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$36.34M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.73M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.89M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$2.34B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.41B	USD	Point-in-time
Preferred stock, $10.00 par value; 1,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $10.00 par value; 1,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 100,000,000 shares authorized; 48,147,969 shares issued and outstanding as of March 31, 2022 and December 31, 2021	`CommonStockValue`	$481.00K	USD	Point-in-time
Common stock, $0.01 par value; 100,000,000 shares authorized; 48,147,969 shares issued and outstanding as of March 31, 2022 and December 31, 2021	`CommonStockValue`	$481.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.10B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.08B	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-743.00K	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-46.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.27B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.31B	USD	Point-in-time
Treasury stock, at cost; 6,696,638 and 6,832,640 shares in 2022 and 2021, respectively	`TreasuryStockValue`	$25.67M	USD	Point-in-time
Treasury stock, at cost; 6,696,638 and 6,832,640 shares in 2022 and 2021, respectively	`TreasuryStockValue`	$24.54M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.32B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.06B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.39B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.99B	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$4.72B	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$4.73B	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$294.80M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$456.11M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$263.69M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$150.59M	USD	1 Quarter
Gross profit	`GrossProfit`	$144.21M	USD	1 Quarter
Gross profit	`GrossProfit`	$192.42M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$97.89M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$78.77M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$21.81M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$23.94M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfCustomerAndTradeNamesIntangibleAssets`	$14.71M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfCustomerAndTradeNamesIntangibleAssets`	$5.41M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$38.21M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$55.87M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNet`	$-478.00K	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNet`	$-4.80M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$566.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$364.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$51.43M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$38.30M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$1.32M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$11.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.98M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.97	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.88	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.94	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$39.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.98M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.10M	USD	1 Quarter
Gains from sale of investments	`GainLossOnSaleOfInvestments`	-	USD	1 Quarter
Gains from sale of investments	`GainLossOnSaleOfInvestments`	$55.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$25.72M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$25.28M	USD	1 Quarter
Operating lease right-of-use assets expense	`OperatingLeaseRightOfUseAssetsNonCash`	$3.08M	USD	1 Quarter
Operating lease right-of-use assets expense	`OperatingLeaseRightOfUseAssetsNonCash`	$1.55M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-9.44M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-3.27M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-49.32M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-20.64M	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-19.51M	USD	1 Quarter
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-4.53M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.48M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.26M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.29M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.29M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-3.07M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.64M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-30.64M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-8.96M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-42.07M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-56.55M	USD	1 Quarter
Increase in other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$5.84M	USD	1 Quarter
Increase in other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	-	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$71.70M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$53.54M	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.58M	USD	1 Quarter
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.56M	USD	1 Quarter
Purchase of marketable security investments	`PaymentsToAcquireMarketableSecurities`	$4.59M	USD	1 Quarter
Purchase of marketable security investments	`PaymentsToAcquireMarketableSecurities`	$52.76M	USD	1 Quarter
Proceeds and maturities from marketable security investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$35.03M	USD	1 Quarter
Proceeds and maturities from marketable security investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$22.67M	USD	1 Quarter
Investment in software	`PaymentsForSoftware`	$3.48M	USD	1 Quarter
Investment in software	`PaymentsForSoftware`	$7.95M	USD	1 Quarter
Cost of acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.05M	USD	1 Quarter
Cost of acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$116.70M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$29.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-119.00K	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-111.17M	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.69M	USD	1 Quarter
Net borrowings on revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Net borrowings on revolving credit facility	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Payment on term loans	`RepaymentsOfMediumTermNotes`	-	USD	1 Quarter
Payment on term loans	`RepaymentsOfMediumTermNotes`	$20.00M	USD	1 Quarter
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	$600.00M	USD	1 Quarter
Proceeds from issuance of convertible senior notes	`ProceedsFromConvertibleDebt`	-	USD	1 Quarter
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$6.02M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$8.04M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$18.10M	USD	1 Quarter
Contributions from employee stock purchase plan	`ProceedsFromStockPlans`	$3.68M	USD	1 Quarter
Contributions from employee stock purchase plan	`ProceedsFromStockPlans`	$3.04M	USD	1 Quarter
Net cash (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.28M	USD	1 Quarter
Net cash (used) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$615.12M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$647.13M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-65.91M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$309.17M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$243.26M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$603.62M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.25B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$309.17M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$243.26M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$603.62M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.25B	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$2.32B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.39B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.99B	USD	Point-in-time
Net income	`NetIncomeLoss`	$39.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.98M	USD	1 Quarter
Unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-697.00K	USD	1 Quarter
Exercise of stock options and vesting of restricted stock units (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	120,000.00	shares	1 Quarter
Exercise of stock options and vesting of restricted stock units (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	50,000.00	shares	1 Quarter
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$18.10M	USD	1 Quarter
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$8.04M	USD	1 Quarter
Employee taxes paid for withheld shares upon equity award settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.96M	USD	1 Quarter
Employee taxes paid for withheld shares upon equity award settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.59M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.72M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.28M	USD	1 Quarter
Issuance of shares pursuant to employee stock purchase plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans`	8,000.00	shares	1 Quarter
Issuance of shares pursuant to employee stock purchase plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans`	8,000.00	shares	1 Quarter
Issuance of shares pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.68M	USD	1 Quarter
Issuance of shares pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.04M	USD	1 Quarter
Balance	`StockholdersEquity`	$2.32B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.39B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.99B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$39.98M	USD	1 Quarter
Net income	`NetIncomeLoss`	$36.98M	USD	1 Quarter
Change in net unrealized holding losses on available-for-sale securities during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-629.00K	USD	1 Quarter
Change in net unrealized holding losses on available-for-sale securities during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Reclassification adjustment of unrealized losses on securities transferred from held-to-maturity	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIHeldToMaturitySecuritiesNetOfTax`	$27.00K	USD	1 Quarter
Reclassification adjustment of unrealized losses on securities transferred from held-to-maturity	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIHeldToMaturitySecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment for net gain on sale of available-for-sale securities, included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment for net gain on sale of available-for-sale securities, included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$41.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-697.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.29M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$36.98M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.