10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000882835-18-000020 |
| Period End Date | 20180331 |
| Filing Date | 20180504 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | rop-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$671.30M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$366.20M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$730.70M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$757.20M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$631.20M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$641.70M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$216.70M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$204.90M | USD | Point-in-time |
| Income taxes receivable |
PrepaidTaxes
|
$24.40M | USD | Point-in-time |
| Income taxes receivable |
PrepaidTaxes
|
$46.20M | USD | Point-in-time |
| Unbilled receivables |
UnbilledReceivablesCurrent
|
$143.60M | USD | Point-in-time |
| Unbilled receivables |
UnbilledReceivablesCurrent
|
$157.60M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$73.50M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$84.10M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.50B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.76B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$142.50M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$140.90M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$8.87B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$8.82B | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.44B | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.48B | USD | Point-in-time |
| Deferred taxes |
DeferredTaxAssetsNetNoncurrent
|
$30.70M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxAssetsNetNoncurrent
|
$31.40M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$88.30M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$92.20M | USD | Point-in-time |
| Total assets |
Assets
|
$14.32B | USD | Point-in-time |
| Total assets |
Assets
|
$14.07B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$171.10M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$171.10M | USD | Point-in-time |
| Accrued compensation |
DeferredCompensationCashBasedArrangementsLiabilityCurrent
|
$149.00M | USD | Point-in-time |
| Accrued compensation |
DeferredCompensationCashBasedArrangementsLiabilityCurrent
|
$198.00M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$566.40M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$584.70M | USD | Point-in-time |
| Other accrued liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$266.60M | USD | Point-in-time |
| Other accrued liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$274.20M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$67.20M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$26.40M | USD | Point-in-time |
| Current portion of long-term debt, net |
LongTermDebtCurrent
|
$800.90M | USD | Point-in-time |
| Current portion of long-term debt, net |
LongTermDebtCurrent
|
$801.30M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.03B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.05B | USD | Point-in-time |
| Long-term debt, net of current portion |
LongTermDebtNoncurrent
|
$4.35B | USD | Point-in-time |
| Long-term debt, net of current portion |
LongTermDebtNoncurrent
|
$3.82B | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$829.80M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$829.60M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$239.20M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$220.60M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$7.45B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$6.92B | USD | Point-in-time |
| Commitments and contingencies (Note 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.00M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.60B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.65B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$5.65B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$5.46B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-186.20M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-128.40M | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$18.60M | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$18.70M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$6.86B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$7.16B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$14.07B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$14.32B | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenues |
SalesRevenueNet
|
$1.20B | USD | 1 Quarter |
| Net revenues |
SalesRevenueNet
|
$1.09B | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$452.00M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$418.70M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$667.60M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$750.50M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$450.30M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$409.30M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$258.30M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$300.20M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$45.90M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$43.20M | USD | 1 Quarter |
| Other expense, net |
NonoperatingIncomeExpense
|
$-1.10M | USD | 1 Quarter |
| Other expense, net |
NonoperatingIncomeExpense
|
$-1.70M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$211.30M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$255.30M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$44.00M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$53.20M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$158.10M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$211.30M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$2.05 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$1.55 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$2.03 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.53 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
101.90M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
102.90M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
104.20M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
103.10M | shares | 1 Quarter |
| Dividends declared per common share (in usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.41 | USD | 1 Quarter |
| Dividends declared per common share (in usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.35 | USD | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$158.10M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$211.30M | USD | 1 Quarter |
| Depreciation and amortization of property, plant and equipment |
Depreciation
|
$12.40M | USD | 1 Quarter |
| Depreciation and amortization of property, plant and equipment |
Depreciation
|
$12.60M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$75.30M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$73.00M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$1.80M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$1.60M | USD | 1 Quarter |
| Non-cash stock compensation |
ShareBasedCompensation
|
$21.00M | USD | 1 Quarter |
| Non-cash stock compensation |
ShareBasedCompensation
|
$26.00M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$-17.30M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$-73.10M | USD | 1 Quarter |
| Unbilled receivables |
IncreaseDecreaseInUnbilledReceivablesCurrent
|
$10.50M | USD | 1 Quarter |
| Unbilled receivables |
IncreaseDecreaseInUnbilledReceivablesCurrent
|
$13.50M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$9.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$7.90M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-2.20M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-45.90M | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$34.30M | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$26.30M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-13.80M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$39.00M | USD | 1 Quarter |
| Other, net |
PaymentsForOtherOperatingActivities
|
$9.50M | USD | 1 Quarter |
| Other, net |
PaymentsForOtherOperatingActivities
|
$10.90M | USD | 1 Quarter |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$281.70M | USD | 1 Quarter |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$378.20M | USD | 1 Quarter |
| Acquisitions of businesses |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$2.80M | USD | 1 Quarter |
| Acquisitions of businesses |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$38.90M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$14.90M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$9.70M | USD | 1 Quarter |
| Capitalized software expenditures |
PaymentsToDevelopSoftware
|
$3.20M | USD | 1 Quarter |
| Capitalized software expenditures |
PaymentsToDevelopSoftware
|
$1.90M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$400.00K | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$1.00M | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-51.50M | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-21.30M | USD | 1 Quarter |
| Payments under revolving line of credit, net |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-535.00M | USD | 1 Quarter |
| Payments under revolving line of credit, net |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-370.00M | USD | 1 Quarter |
| Cash dividends to stockholders |
PaymentsOfDividends
|
$35.40M | USD | 1 Quarter |
| Cash dividends to stockholders |
PaymentsOfDividends
|
$42.10M | USD | 1 Quarter |
| Proceeds from stock-based compensation, net |
ProceedsFromStockBasedCompensationNet
|
$23.80M | USD | 1 Quarter |
| Proceeds from stock-based compensation, net |
ProceedsFromStockBasedCompensationNet
|
$7.60M | USD | 1 Quarter |
| Treasury stock sales |
ProceedsFromSaleOfTreasuryStock
|
$1.60M | USD | 1 Quarter |
| Treasury stock sales |
ProceedsFromSaleOfTreasuryStock
|
$1.00M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-300.00K | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$100.00K | USD | 1 Quarter |
| Cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-397.10M | USD | 1 Quarter |
| Cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-551.60M | USD | 1 Quarter |
| Effect of foreign currency exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$13.70M | USD | 1 Quarter |
| Effect of foreign currency exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$16.30M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-305.10M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-26.50M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$671.30M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$366.20M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$730.70M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$757.20M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$671.30M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$366.20M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$730.70M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$757.20M | USD | Point-in-time |
Stockholders Equity
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balances at December 31, 2017 |
StockholdersEquity
|
$6.86B | USD | Point-in-time |
| Balances at December 31, 2017 |
StockholdersEquity
|
$7.16B | USD | Point-in-time |
| Adoption of ASC 606 |
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
|
$14.30M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$158.10M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$211.30M | USD | 1 Quarter |
| Stock option exercises |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$29.10M | USD | 1 Quarter |
| Treasury stock sold |
StockIssuedDuringPeriodValueTreasuryStockReissued
|
$1.60M | USD | 1 Quarter |
| Currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$57.80M | USD | 1 Quarter |
| Currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$30.40M | USD | 1 Quarter |
| Stock-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$25.70M | USD | 1 Quarter |
| Restricted stock activity |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
$-5.30M | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStock
|
$42.60M | USD | 1 Quarter |
| Balances at March 31, 2018 |
StockholdersEquity
|
$6.86B | USD | Point-in-time |
| Balances at March 31, 2018 |
StockholdersEquity
|
$7.16B | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$158.10M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$211.30M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$57.80M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$30.40M | USD | 1 Quarter |
| Total other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$30.40M | USD | 1 Quarter |
| Total other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$57.80M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$269.10M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$188.50M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.