10-Q Filing

O REILLY AUTOMOTIVE INC CIK: 898173 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000898173-21-000045`
Period End Date	20210630
Filing Date	20210806
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	orly-20210630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 64 Cash Flow Statement 70 Stockholders Equity 44 Comprehensive Income 16

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	245.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	245.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$631.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$465.64M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$229.68M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$273.15M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	71.12M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	69.13M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	71.12M	shares	Point-in-time
Amounts receivable from suppliers	`NontradeReceivablesCurrent`	$100.61M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	69.13M	shares	Point-in-time
Amounts receivable from suppliers	`NontradeReceivablesCurrent`	$113.17M	USD	Point-in-time
Inventory	`InventoryNet`	$3.65B	USD	Point-in-time
Inventory	`InventoryNet`	$3.65B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$50.66M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$72.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.50B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.74B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$6.77B	USD	Point-in-time
Property and equipment, at cost	`PropertyPlantAndEquipmentGross`	$6.56B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.46B	USD	Point-in-time
Less: accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.60B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$4.16B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$4.09B	USD	Point-in-time
Operating lease, right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.00B	USD	Point-in-time
Operating lease, right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.03B	USD	Point-in-time
Goodwill	`Goodwill`	$881.03M	USD	Point-in-time
Goodwill	`Goodwill`	$881.21M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$125.78M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$137.30M	USD	Point-in-time
Total assets	`Assets`	$11.60B	USD	Point-in-time
Total assets	`Assets`	$11.95B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.18B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.58B	USD	Point-in-time
Self-insurance reserves	`SelfInsuranceReserveCurrent`	$109.20M	USD	Point-in-time
Self-insurance reserves	`SelfInsuranceReserveCurrent`	$118.26M	USD	Point-in-time
Accrued payroll	`AccruedSalariesCurrent`	$88.88M	USD	Point-in-time
Accrued payroll	`AccruedSalariesCurrent`	$129.03M	USD	Point-in-time
Accrued benefits and withholdings	`AccruedBenefitsAndWithholdings`	$242.72M	USD	Point-in-time
Accrued benefits and withholdings	`AccruedBenefitsAndWithholdings`	$221.38M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$16.79M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$29.78M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$322.78M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$333.62M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$297.39M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$355.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.77B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.26B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.12B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.83B	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$1.72B	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$1.75B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$155.90M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$177.12M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$196.16M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$210.47M	USD	Point-in-time
Common stock, $0.01 par value: Authorized shares - 245,000,000 Issued and outstanding shares - 69,132,589 as of June 30, 2021, and 71,123,109 as of December 31, 2020	`CommonStockValue`	$711.00K	USD	Point-in-time
Common stock, $0.01 par value: Authorized shares - 245,000,000 Issued and outstanding shares - 69,132,589 as of June 30, 2021, and 71,123,109 as of December 31, 2020	`CommonStockValue`	$691.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.28B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.30B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.08B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.14B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.59M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.15M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$589.10M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$140.26M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$108.84M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$217.69M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$397.34M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$-6.98M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$11.95B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$11.60B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.09B	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.56B	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.57B	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.47B	USD	1 Quarter
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsAndServicesSold`	$3.09B	USD	2 Qtrs
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsAndServicesSold`	$2.63B	USD	2 Qtrs
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsAndServicesSold`	$1.45B	USD	1 Quarter
Cost of goods sold, including warehouse and distribution expenses	`CostOfGoodsAndServicesSold`	$1.64B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.83B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.64B	USD	1 Quarter
Gross profit	`GrossProfit`	$3.47B	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.93B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.77B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$900.69M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.03B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.98B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$1.49B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$736.49M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$795.58M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.16B	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$37.66M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$41.72M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$81.11M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$75.16M	USD	2 Qtrs
Interest income	`OtherInterestAndDividendIncome`	$456.00K	USD	1 Quarter
Interest income	`OtherInterestAndDividendIncome`	$635.00K	USD	1 Quarter
Interest income	`OtherInterestAndDividendIncome`	$993.00K	USD	2 Qtrs
Interest income	`OtherInterestAndDividendIncome`	$1.31M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$5.01M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$4.64M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$2.95M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-182.00K	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-36.08M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-34.25M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-79.98M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-69.53M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.08B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.42B	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$761.33M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$700.41M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$168.74M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$175.88M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$330.10M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$247.97M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.09B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$832.11M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$585.45M	USD	1 Quarter
Net income	`NetIncomeLoss`	$531.67M	USD	1 Quarter
Earnings per share	`EarningsPerShareBasic`	$8.41	USD	1 Quarter
Earnings per share	`EarningsPerShareBasic`	$7.16	USD	1 Quarter
Earnings per share	`EarningsPerShareBasic`	$11.15	USD	2 Qtrs
Earnings per share	`EarningsPerShareBasic`	$15.53	USD	2 Qtrs
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	69.62M	shares	1 Quarter
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	70.00M	shares	2 Qtrs
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	74.61M	shares	2 Qtrs
Weighted-average common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	74.20M	shares	1 Quarter
Earnings per share	`EarningsPerShareDiluted`	$8.33	USD	1 Quarter
Earnings per share	`EarningsPerShareDiluted`	$7.10	USD	1 Quarter
Earnings per share	`EarningsPerShareDiluted`	$15.39	USD	2 Qtrs
Earnings per share	`EarningsPerShareDiluted`	$11.06	USD	2 Qtrs
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.64M	shares	2 Qtrs
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.83M	shares	1 Quarter
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.25M	shares	2 Qtrs
Weighted-average common shares outstanding - assuming dilution	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.26M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.09B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$832.11M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$585.45M	USD	1 Quarter
Net income	`NetIncomeLoss`	$531.67M	USD	1 Quarter
Depreciation and amortization of property, equipment and intangibles	`DepreciationDepletionAndAmortization`	$158.92M	USD	2 Qtrs
Depreciation and amortization of property, equipment and intangibles	`DepreciationDepletionAndAmortization`	$151.87M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.15M	USD	2 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.21M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitIncludingASUAdoptionAdjustmentImpact`	$14.99M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefitIncludingASUAdoptionAdjustmentImpact`	$21.92M	USD	2 Qtrs
Share-based compensation programs	`ShareBasedCompensation`	$12.57M	USD	2 Qtrs
Share-based compensation programs	`ShareBasedCompensation`	$11.48M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.91M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.38M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$45.36M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$34.97M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-6.36M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$78.09M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$334.50M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$398.79M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$210.85M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$12.41M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-112.27M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-56.58M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.56B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.71B	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$244.47M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$222.61M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.57M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.85M	USD	2 Qtrs
Investment in tax credit equity investments	`PaymentsForProceedsFromInvestments`	$95.29M	USD	2 Qtrs
Investment in tax credit equity investments	`PaymentsForProceedsFromInvestments`	$1.77M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.08M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$311.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-335.23M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-220.89M	USD	2 Qtrs
Proceeds from borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Proceeds from borrowings on revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$1.16B	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$1.42B	USD	2 Qtrs
Proceeds from the issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Proceeds from the issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$499.80M	USD	2 Qtrs
Principal payments on long-term debt	`RepaymentsOfSeniorDebt`	-	USD	2 Qtrs
Principal payments on long-term debt	`RepaymentsOfSeniorDebt`	$300.00M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.30M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.84M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$651.03M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.06B	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromStockPlans`	$25.59M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromStockPlans`	$41.92M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-253.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-313.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.33B	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-390.73M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.10M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-82.00K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$165.98M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$832.02M	USD	2 Qtrs
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$872.42M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$631.62M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$465.64M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.41M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$872.42M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$631.62M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$465.64M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.41M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$20.19M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$292.67M	USD	2 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$76.79M	USD	2 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$73.09M	USD	2 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$589.10M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$140.26M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$108.84M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$217.69M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$397.34M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$-6.98M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	71.12M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	69.13M	shares	Point-in-time
Net income	`NetIncomeLoss`	$1.09B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$832.11M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$585.45M	USD	1 Quarter
Net income	`NetIncomeLoss`	$531.67M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.65M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.71M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-436.00K	USD	2 Qtrs
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$4.82M	USD	1 Quarter
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$5.34M	USD	1 Quarter
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$8.92M	USD	2 Qtrs
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$9.43M	USD	2 Qtrs
Net issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$17.98M	USD	2 Qtrs
Net issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$11.85M	USD	1 Quarter
Net issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$23.93M	USD	1 Quarter
Net issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$33.77M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.89M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.25M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.78M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.80M	USD	2 Qtrs
Share repurchases, including fees	`StockRepurchasedAndRetiredDuringPeriodValue`	$399.64M	USD	1 Quarter
Share repurchases, including fees	`StockRepurchasedAndRetiredDuringPeriodValue`	$76.97M	USD	1 Quarter
Share repurchases, including fees	`StockRepurchasedAndRetiredDuringPeriodValue`	$1.06B	USD	2 Qtrs
Share repurchases, including fees	`StockRepurchasedAndRetiredDuringPeriodValue`	$651.03M	USD	2 Qtrs
Share repurchases, including fees, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	2.22M	shares	2 Qtrs
Share repurchases, including fees, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	743,000.00	shares	1 Quarter
Share repurchases, including fees, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	185,000.00	shares	1 Quarter
Share repurchases, including fees, shares	`StockRepurchasedAndRetiredDuringPeriodShares`	1.67M	shares	2 Qtrs
Balance at end of period	`StockholdersEquity`	$589.10M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$140.26M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$108.84M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$217.69M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$397.34M	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$-6.98M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	71.12M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	69.13M	shares	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.09B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$832.11M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$585.45M	USD	1 Quarter
Net income	`NetIncomeLoss`	$531.67M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.71M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-436.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.65M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-27.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.65M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.71M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-436.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.09B	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$805.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$589.16M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$535.31M	USD	1 Quarter

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