10-Q Filing

WOLFSPEED, INC. CIK: 895419 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0000895419-15-000028`
Period End Date	20150331
Filing Date	20150422
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	cree-20150329.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 68 Cash Flow Statement 76 Comprehensive Income 24

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	3.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	3.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$190.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$286.82M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$204.73M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$268.84M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$875.64M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$577.31M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total cash, cash equivalents and short-term investments	`CashCashEquivalentsAndShortTermInvestments`	$1.16B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total cash, cash equivalents and short-term investments	`CashCashEquivalentsAndShortTermInvestments`	$782.04M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$225.16M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$216.25M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.52M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	109.93M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	120.11M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	109.93M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	120.11M	shares	Point-in-time
Inventories	`InventoryNet`	$299.36M	USD	Point-in-time
Inventories	`InventoryNet`	$284.78M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$29.34M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$29.41M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$69.95M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$72.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.77B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.40B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$605.71M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$654.25M	USD	Point-in-time
Goodwill	`Goodwill`	$616.35M	USD	Point-in-time
Goodwill	`Goodwill`	$616.35M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$336.42M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$322.23M	USD	Point-in-time
Other long-term investments	`LongTermInvestments`	-	USD	Point-in-time
Other long-term investments	`LongTermInvestments`	$76.86M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.70M	USD	Point-in-time
Total assets	`Assets`	$3.08B	USD	Point-in-time
Total assets	`Assets`	$3.34B	USD	Point-in-time
Accounts payable, trade	`AccountsPayableTradeCurrent`	$202.29M	USD	Point-in-time
Accounts payable, trade	`AccountsPayableTradeCurrent`	$124.97M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$50.53M	USD	Point-in-time
Accrued salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$41.74M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$14.85M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$33.55M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$38.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$306.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$200.26M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	-	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$150.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$12.17M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$14.24M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$24.38M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$35.40M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$188.62M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$47.57M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.01; 3,000 shares authorized at March 29, 2015 and June 29, 2014; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.01; 3,000 shares authorized at March 29, 2015 and June 29, 2014; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.00125; 200,000 shares authorized at March 29, 2015 and June 29, 2014; 109,929 and 120,114 shares issued and outstanding at March 29, 2015 and June 29, 2014, respectively	`CommonStockValue`	$149.00K	USD	Point-in-time
Common stock, par value $0.00125; 200,000 shares authorized at March 29, 2015 and June 29, 2014; 109,929 and 120,114 shares issued and outstanding at March 29, 2015 and June 29, 2014, respectively	`CommonStockValue`	$136.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$2.19B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapitalCommonStock`	$2.26B	USD	Point-in-time
Accumulated other comprehensive income, net of taxes	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.40M	USD	Point-in-time
Accumulated other comprehensive income, net of taxes	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$7.31M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$788.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$422.44M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.99B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.69B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.08B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$3.34B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue, net	`SalesRevenueGoodsNet`	$405.26M	USD	1 Quarter
Revenue, net	`SalesRevenueGoodsNet`	$409.52M	USD	1 Quarter
Revenue, net	`SalesRevenueGoodsNet`	$1.25B	USD	3 Qtrs
Revenue, net	`SalesRevenueGoodsNet`	$1.21B	USD	3 Qtrs
Cost of revenue, net	`CostOfGoodsSold`	$255.26M	USD	1 Quarter
Cost of revenue, net	`CostOfGoodsSold`	$852.34M	USD	3 Qtrs
Cost of revenue, net	`CostOfGoodsSold`	$754.82M	USD	3 Qtrs
Cost of revenue, net	`CostOfGoodsSold`	$284.11M	USD	1 Quarter
Gross profit	`GrossProfit`	$456.53M	USD	3 Qtrs
Gross profit	`GrossProfit`	$149.99M	USD	1 Quarter
Gross profit	`GrossProfit`	$398.01M	USD	3 Qtrs
Gross profit	`GrossProfit`	$125.41M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$43.82M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$132.81M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$137.54M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$46.63M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$213.93M	USD	3 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$197.59M	USD	3 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$65.37M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$71.86M	USD	1 Quarter
Amortization or impairment of acquisition-related intangibles	`Amortizationorimpairmentofacquisitionrelatedintangibles`	$7.26M	USD	1 Quarter
Amortization or impairment of acquisition-related intangibles	`Amortizationorimpairmentofacquisitionrelatedintangibles`	$21.80M	USD	3 Qtrs
Amortization or impairment of acquisition-related intangibles	`Amortizationorimpairmentofacquisitionrelatedintangibles`	$19.74M	USD	3 Qtrs
Amortization or impairment of acquisition-related intangibles	`Amortizationorimpairmentofacquisitionrelatedintangibles`	$6.75M	USD	1 Quarter
Loss on disposal or impairment of long-lived assets	`GainLossOnDispositionOfAssets`	$-1.46M	USD	1 Quarter
Loss on disposal or impairment of long-lived assets	`GainLossOnDispositionOfAssets`	$-364.00K	USD	1 Quarter
Loss on disposal or impairment of long-lived assets	`GainLossOnDispositionOfAssets`	$-1.78M	USD	3 Qtrs
Loss on disposal or impairment of long-lived assets	`GainLossOnDispositionOfAssets`	$-3.64M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$374.85M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$353.98M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$119.61M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$123.89M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$30.38M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.52M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$102.55M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$23.16M	USD	3 Qtrs
Non-operating (expense) income, net	`NonoperatingIncomeExpense`	$-866.00K	USD	1 Quarter
Non-operating (expense) income, net	`NonoperatingIncomeExpense`	$3.77M	USD	3 Qtrs
Non-operating (expense) income, net	`NonoperatingIncomeExpense`	$9.37M	USD	3 Qtrs
Non-operating (expense) income, net	`NonoperatingIncomeExpense`	$3.15M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$33.53M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$111.93M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$26.93M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$651.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.99M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$17.59M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$5.37M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$23.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$28.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$94.34M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$651.00K	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.78	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.21	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.21	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.77	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	110.66M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	120.68M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	115.18M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	121.53M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	116.30M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	123.14M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.59M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	123.69M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$23.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$28.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$94.34M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$651.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$120.22M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$130.39M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$49.26M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$46.26M	USD	3 Qtrs
Excess tax benefit from stock-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$18.40M	USD	3 Qtrs
Excess tax benefit from stock-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.66M	USD	3 Qtrs
Impairment of acquisition-related intangibles	`Impairmentofacquisitionrelatedintangibles`	-	USD	3 Qtrs
Impairment of acquisition-related intangibles	`Impairmentofacquisitionrelatedintangibles`	$254.00K	USD	3 Qtrs
Loss on disposal or impairment of long-lived assets	`GainLossOnDispositionOfAssets`	$-1.46M	USD	1 Quarter
Loss on disposal or impairment of long-lived assets	`GainLossOnDispositionOfAssets`	$-364.00K	USD	1 Quarter
Loss on disposal or impairment of long-lived assets	`GainLossOnDispositionOfAssets`	$-1.78M	USD	3 Qtrs
Loss on disposal or impairment of long-lived assets	`GainLossOnDispositionOfAssets`	$-3.64M	USD	3 Qtrs
Amortization of premium/discount on investments	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$-4.81M	USD	3 Qtrs
Amortization of premium/discount on investments	`InvestmentIncomeNetAmortizationOfDiscountAndPremium`	$-7.67M	USD	3 Qtrs
Loss on equity method investment	`UnrealizedGainLossOnInvestments`	$-3.67M	USD	1 Quarter
Loss on equity method investment	`UnrealizedGainLossOnInvestments`	-	USD	3 Qtrs
Loss on equity method investment	`UnrealizedGainLossOnInvestments`	$-2.99M	USD	3 Qtrs
Loss on equity method investment	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Foreign exchange loss on equity method investment	`ForeignCurrencyTransactionGainLossUnrealized`	$-710.00K	USD	3 Qtrs
Foreign exchange loss on equity method investment	`ForeignCurrencyTransactionGainLossUnrealized`	-	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$29.83M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-7.58M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$53.51M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$15.10M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-800.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-13.01M	USD	3 Qtrs
Accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$29.02M	USD	3 Qtrs
Accounts payable, trade	`IncreaseDecreaseInAccountsPayableTrade`	$-69.33M	USD	3 Qtrs
Accrued salaries and wages and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-44.58M	USD	3 Qtrs
Accrued salaries and wages and other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$17.61M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$228.17M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$93.70M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$158.28M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$119.61M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$254.88M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$510.40M	USD	3 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$365.00M	USD	3 Qtrs
Proceeds from maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$337.33M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$117.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$122.00K	USD	3 Qtrs
Proceeds from sale of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$207.55M	USD	3 Qtrs
Proceeds from sale of short-term investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$22.39M	USD	3 Qtrs
Purchases of patent and licensing rights	`PaymentsToAcquireIntangibleAssets`	$14.76M	USD	3 Qtrs
Purchases of patent and licensing rights	`PaymentsToAcquireIntangibleAssets`	$14.55M	USD	3 Qtrs
Purchase of other long-term investments	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Purchase of other long-term investments	`PaymentsToAcquireEquityMethodInvestments`	$80.57M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$36.73M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-257.26M	USD	3 Qtrs
Proceeds from long-term debt borrowings	`ProceedsFromLongTermLinesOfCredit`	$440.00M	USD	3 Qtrs
Proceeds from long-term debt borrowings	`ProceedsFromLongTermLinesOfCredit`	-	USD	3 Qtrs
Payments on long-term debt borrowings	`RepaymentsOfLongTermLinesOfCredit`	-	USD	3 Qtrs
Payments on long-term debt borrowings	`RepaymentsOfLongTermLinesOfCredit`	$290.00M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromStockOptionsExercised`	$89.48M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromStockOptionsExercised`	$26.83M	USD	3 Qtrs
Excess tax benefit from stock-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$18.40M	USD	3 Qtrs
Excess tax benefit from stock-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.66M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$107.00K	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$390.09M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$107.77M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-211.60M	USD	3 Qtrs
Effects of foreign exchange changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-923.00K	USD	3 Qtrs
Effects of foreign exchange changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$95.00K	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-82.10M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$78.77M	USD	3 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$190.07M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$286.82M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$204.73M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$268.84M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$190.07M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$286.82M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$204.73M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$268.84M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$23.93M	USD	3 Qtrs
Tax (expense) benefit on net unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$741.00K	USD	1 Quarter
Tax (expense) benefit on net unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-86.00K	USD	3 Qtrs
Tax (expense) benefit on net unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$126.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$28.16M	USD	1 Quarter
Tax (expense) benefit on net unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$1.19M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$94.34M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$651.00K	USD	1 Quarter
Currency translation (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-163.00K	USD	1 Quarter
Currency translation (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-28.00K	USD	3 Qtrs
Currency translation (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-3.97M	USD	3 Qtrs
Currency translation (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-2.07M	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale securities, net of tax (expense) benefit of ($741), ($126), $86 and ($1,191), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$191.00K	USD	1 Quarter
Net unrealized gain (loss) on available-for-sale securities, net of tax (expense) benefit of ($741), ($126), $86 and ($1,191), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-126.00K	USD	3 Qtrs
Net unrealized gain (loss) on available-for-sale securities, net of tax (expense) benefit of ($741), ($126), $86 and ($1,191), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.90M	USD	3 Qtrs
Net unrealized gain (loss) on available-for-sale securities, net of tax (expense) benefit of ($741), ($126), $86 and ($1,191), respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.19M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.87M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-885.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$28.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-4.10M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$28.19M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$19.84M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-234.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$96.22M	USD	3 Qtrs

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