10-Q Filing

TYLER TECHNOLOGIES INC CIK: 860731 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000860731-23-000028`
Period End Date	20230630
Filing Date	20230726
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	tyl-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 60 Cash Flow Statement 72 Stockholders Equity 44 Comprehensive Income 24

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.76M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.64M	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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$118.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$173.86M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Accounts receivable (less allowance for losses and sales adjustments of $19,643 in 2023 and $14,761 in 2022)	`AccountsReceivableNetCurrent`	$577.26M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	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 $19,643 in 2023 and $14,761 in 2022)	`AccountsReceivableNetCurrent`	$638.73M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$37.03M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$19.10M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$50.86M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$70.78M	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	48.15M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$9.51M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	48.15M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.24M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$856.88M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	48.15M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$847.24M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	48.15M	shares	Point-in-time
Accounts receivable, long-term	`AccountsReceivableNetNoncurrent`	$8.27M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	6.08M	shares	Point-in-time
Accounts receivable, long-term	`AccountsReceivableNetNoncurrent`	$8.31M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	6.36M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$46.82M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$50.99M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$165.72M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$172.79M	USD	Point-in-time
Software development costs, net	`CapitalizedComputerSoftwareNet`	$48.19M	USD	Point-in-time
Software development costs, net	`CapitalizedComputerSoftwareNet`	$61.23M	USD	Point-in-time
Goodwill	`Goodwill`	$2.49B	USD	Point-in-time
Goodwill	`Goodwill`	$2.49B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$1.00B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$948.99M	USD	Point-in-time
Non-current investments	`LongTermInvestments`	$10.12M	USD	Point-in-time
Non-current investments	`LongTermInvestments`	$18.51M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$48.40M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$49.96M	USD	Point-in-time
Assets, Total	`Assets`	$4.69B	USD	Point-in-time
Assets, Total	`Assets`	$4.64B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$118.53M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$104.81M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$131.94M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$126.56M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$10.74M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$11.38M	USD	Point-in-time
Current income tax payable	`TaxesPayableCurrent`	$43.67M	USD	Point-in-time
Current income tax payable	`TaxesPayableCurrent`	$1.91M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$565.84M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$568.54M	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`	$889.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$854.22M	USD	Point-in-time
Term loans, net	`MediumtermNotesNoncurrent`	$362.90M	USD	Point-in-time
Term loans, net	`MediumtermNotesNoncurrent`	$243.73M	USD	Point-in-time
Convertible senior notes due 2026, net	`ConvertibleDebtNoncurrent`	$594.48M	USD	Point-in-time
Convertible senior notes due 2026, net	`ConvertibleDebtNoncurrent`	$595.35M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$2.04M	USD	Point-in-time
Deferred revenue, long-term	`ContractWithCustomerLiabilityNoncurrent`	$1.16M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$109.25M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$148.89M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$44.48M	USD	Point-in-time
Operating lease liabilities, long-term	`OperatingLeaseLiabilityNoncurrent`	$48.05M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$16.97M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$19.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.06B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	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 June 30, 2023 and December 31, 2022	`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 June 30, 2023 and December 31, 2022	`CommonStockValue`	$481.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.27B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.21B	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-844.00K	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-785.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.44B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.52B	USD	Point-in-time
Treasury stock, at cost; 6,081,263 and 6,364,991 shares in 2023 and 2022, respectively	`TreasuryStockCommonValue`	$21.62M	USD	Point-in-time
Treasury stock, at cost; 6,081,263 and 6,364,991 shares in 2023 and 2022, respectively	`TreasuryStockCommonValue`	$22.83M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.62B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.77B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.46B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.39B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.32B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.69B	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$4.64B	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$4.69B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$468.69M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$976.13M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$504.28M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$924.79M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$281.10M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$275.24M	USD	1 Quarter
Total cost of revenues	`CostOfGoodsAndServicesSold`	$553.12M	USD	2 Qtrs
Total cost of revenues	`CostOfGoodsAndServicesSold`	$538.93M	USD	2 Qtrs
Gross profit	`GrossProfit`	$223.18M	USD	1 Quarter
Gross profit	`GrossProfit`	$385.87M	USD	2 Qtrs
Gross profit	`GrossProfit`	$423.01M	USD	2 Qtrs
Gross profit	`GrossProfit`	$193.45M	USD	1 Quarter
Sales and marketing expense	`SellingAndMarketingExpense`	$74.21M	USD	2 Qtrs
Sales and marketing expense	`SellingAndMarketingExpense`	$31.88M	USD	1 Quarter
Sales and marketing expense	`SellingAndMarketingExpense`	$37.10M	USD	1 Quarter
Sales and marketing expense	`SellingAndMarketingExpense`	$67.09M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$67.82M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$150.04M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$130.51M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$77.68M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$47.33M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$55.14M	USD	2 Qtrs
Research and development expense	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$23.39M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost`	$28.15M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfCustomerAndTradeNamesIntangibleAssets`	$13.60M	USD	1 Quarter
Amortization of other intangibles	`AmortizationOfCustomerAndTradeNamesIntangibleAssets`	$36.77M	USD	2 Qtrs
Amortization of other intangibles	`AmortizationOfCustomerAndTradeNamesIntangibleAssets`	$28.32M	USD	2 Qtrs
Amortization of other intangibles	`AmortizationOfCustomerAndTradeNamesIntangibleAssets`	$18.37M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$106.85M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$61.87M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$56.76M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$112.62M	USD	2 Qtrs
Interest expense	`InterestIncomeExpenseNet`	$-11.02M	USD	2 Qtrs
Interest expense	`InterestIncomeExpenseNet`	$-14.07M	USD	2 Qtrs
Interest expense	`InterestIncomeExpenseNet`	$-6.39M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNet`	$-6.21M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$216.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$581.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.89M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$643.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$94.67M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$56.13M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.19M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$50.76M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$22.26M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$14.67M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$10.81M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$7.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$79.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$49.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$39.95M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.91	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.93	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.96	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.17	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.87	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.15	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.88	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.94	USD	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$79.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$49.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$39.95M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$75.75M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$75.87M	USD	2 Qtrs
Losses (gains) from sale of investments	`GainLossOnSaleOfInvestments`	$53.00K	USD	2 Qtrs
Losses (gains) from sale of investments	`GainLossOnSaleOfInvestments`	$-2.00K	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$51.08M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$53.92M	USD	2 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$5.10M	USD	2 Qtrs
Amortization of operating lease right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$6.57M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-19.14M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-39.66M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	-	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-445.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$73.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$51.51M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$15.59M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-41.76M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.03M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$20.12M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.72M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.13M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-6.52M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-5.32M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-15.08M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-24.72M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$17.47M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-3.57M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$5.91M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$2.15M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$55.52M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$130.22M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.37M	USD	2 Qtrs
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.76M	USD	2 Qtrs
Purchase of marketable security investments	`PaymentsToAcquireMarketableSecurities`	$10.62M	USD	2 Qtrs
Purchase of marketable security investments	`PaymentsToAcquireMarketableSecurities`	$4.59M	USD	2 Qtrs
Proceeds and maturities from marketable security investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$37.11M	USD	2 Qtrs
Proceeds and maturities from marketable security investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$40.59M	USD	2 Qtrs
Investment in software development	`PaymentsForSoftware`	$16.46M	USD	2 Qtrs
Investment in software development	`PaymentsForSoftware`	$18.75M	USD	2 Qtrs
Cost of acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.88M	USD	2 Qtrs
Cost of acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$117.31M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-16.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-152.00K	USD	2 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-492.00K	USD	2 Qtrs
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-110.38M	USD	2 Qtrs
Payment on term loans	`RepaymentsOfMediumTermNotes`	$120.00M	USD	2 Qtrs
Payment on term loans	`RepaymentsOfMediumTermNotes`	$80.00M	USD	2 Qtrs
Proceeds from exercise of stock options, net of withheld shares for taxes upon equity award settlement	`ProceedsFromStockOptionsExercisedNetOfSharesWithheld`	$-4.11M	USD	2 Qtrs
Proceeds from exercise of stock options, net of withheld shares for taxes upon equity award settlement	`ProceedsFromStockOptionsExercisedNetOfSharesWithheld`	$2.12M	USD	2 Qtrs
Contributions from employee stock purchase plan	`ProceedsFromStockPlans`	$7.75M	USD	2 Qtrs
Contributions from employee stock purchase plan	`ProceedsFromStockPlans`	$8.16M	USD	2 Qtrs
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-75.95M	USD	2 Qtrs
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-110.13M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-56.11M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-55.09M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.76M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$309.17M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$253.06M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.86M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$118.76M	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`	$253.06M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$173.86M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$5.72M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$12.29M	USD	2 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$92.93M	USD	2 Qtrs
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$24.29M	USD	2 Qtrs
Non-cash additions to property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$84.00K	USD	2 Qtrs
Non-cash additions to property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$368.00K	USD	2 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$2.62B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.77B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.46B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.39B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.32B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.69B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	48.15M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	48.15M	shares	Point-in-time
Balance (in shares)	`TreasuryStockCommonShares`	6.08M	shares	Point-in-time
Balance (in shares)	`TreasuryStockCommonShares`	6.36M	shares	Point-in-time
Net income	`NetIncomeLoss`	$79.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$49.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$39.95M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-35.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-66.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-763.00K	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$59.00K	USD	2 Qtrs
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$16.22M	USD	2 Qtrs
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$20.87M	USD	2 Qtrs
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$8.18M	USD	1 Quarter
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$12.73M	USD	1 Quarter
Employee taxes paid for withheld shares upon equity award settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.74M	USD	1 Quarter
Employee taxes paid for withheld shares upon equity award settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$20.33M	USD	2 Qtrs
Employee taxes paid for withheld shares upon equity award settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.74M	USD	2 Qtrs
Employee taxes paid for withheld shares upon equity award settlement	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.45M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$26.03M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$51.08M	USD	2 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$53.92M	USD	2 Qtrs
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.80M	USD	1 Quarter
Issuance of shares pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.16M	USD	2 Qtrs
Issuance of shares pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.71M	USD	1 Quarter
Issuance of shares pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$7.75M	USD	2 Qtrs
Issuance of shares pursuant to employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.48M	USD	1 Quarter
Balance	`StockholdersEquity`	$2.62B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.77B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.46B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.39B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.32B	USD	Point-in-time
Balance	`StockholdersEquity`	$2.69B	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	48.15M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	48.15M	shares	Point-in-time
Balance (in shares)	`TreasuryStockCommonShares`	6.08M	shares	Point-in-time
Balance (in shares)	`TreasuryStockCommonShares`	6.36M	shares	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$79.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$49.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$39.95M	USD	1 Quarter
Change in net unrealized holding (loss) gain on available for sale securities during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-114.00K	USD	1 Quarter
Change in net unrealized holding (loss) gain on available for sale securities during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$58.00K	USD	2 Qtrs
Change in net unrealized holding (loss) gain on available for sale securities during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-36.00K	USD	1 Quarter
Change in net unrealized holding (loss) gain on available for sale securities during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-743.00K	USD	2 Qtrs
Reclassification adjustment of unrealized losses on securities transferred from held-to-maturity	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIHeldToMaturitySecuritiesNetOfTax`	-	USD	2 Qtrs
Reclassification adjustment of unrealized losses on securities transferred from held-to-maturity	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIHeldToMaturitySecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment of unrealized losses on securities transferred from held-to-maturity	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIHeldToMaturitySecuritiesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment of unrealized losses on securities transferred from held-to-maturity	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIHeldToMaturitySecuritiesNetOfTax`	$27.00K	USD	2 Qtrs
Reclassification adjustment for net loss on sale of available for sale securities, included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-1.00K	USD	2 Qtrs
Reclassification adjustment for net loss on sale of available for sale securities, included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-1.00K	USD	1 Quarter
Reclassification adjustment for net loss on sale of available for sale securities, included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-48.00K	USD	1 Quarter
Reclassification adjustment for net loss on sale of available for sale securities, included in net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-7.00K	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-35.00K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-66.00K	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-763.00K	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$59.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.88M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$80.06M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$79.17M	USD	2 Qtrs

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