10-Q Filing

MASIMO CORP CIK: 937556 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000937556-23-000222`
Period End Date	20230930
Filing Date	20231108
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	masi-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 68 Cash Flow Statement 84 Stockholders Equity 79 Comprehensive Income 33

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.70M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.30M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	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
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	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`	52.80M	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	52.50M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	52.80M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	52.50M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$219.50M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	19.50M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$124.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$202.90M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	19.50M	shares	Point-in-time
Trade accounts receivable, net of allowance for credit losses of $12.3 million and $7.7 million at September 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$445.90M	USD	Point-in-time
Trade accounts receivable, net of allowance for credit losses of $12.3 million and $7.7 million at September 30, 2023 and December 31, 2022, respectively	`AccountsReceivableNetCurrent`	$356.90M	USD	Point-in-time
Inventories	`InventoryNet`	$584.60M	USD	Point-in-time
Inventories	`InventoryNet`	$501.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$171.60M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$158.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.31B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.24B	USD	Point-in-time
Lease receivable, non-current	`NetInvestmentInLeaseNoncurrent`	$79.90M	USD	Point-in-time
Lease receivable, non-current	`NetInvestmentInLeaseNoncurrent`	$73.10M	USD	Point-in-time
Deferred costs and other contract assets	`DeferredCosts`	$44.70M	USD	Point-in-time
Deferred costs and other contract assets	`DeferredCosts`	$41.90M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$402.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$415.00M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$460.60M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$405.50M	USD	Point-in-time
Trademarks - (Note 9)	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$224.50M	USD	Point-in-time
Trademarks - (Note 9)	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$262.00M	USD	Point-in-time
Goodwill	`Goodwill`	$400.10M	USD	Point-in-time
Goodwill	`Goodwill`	$445.40M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$88.20M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$102.50M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$114.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$100.50M	USD	Point-in-time
Total assets	`Assets`	$3.00B	USD	Point-in-time
Total assets	`Assets`	$3.21B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$276.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$283.50M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$89.30M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$55.90M	USD	Point-in-time
Deferred revenue and other contract liabilities, current	`DeferredRevenueCurrent`	$73.10M	USD	Point-in-time
Deferred revenue and other contract liabilities, current	`DeferredRevenueCurrent`	$80.60M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$166.30M	USD	Point-in-time
Other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$183.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$578.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$630.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$941.60M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$910.10M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$112.10M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$163.60M	USD	Point-in-time
Other non-current liabilities	`DeferredCreditsAndOtherLiabilities`	$136.50M	USD	Point-in-time
Other non-current liabilities	`DeferredCreditsAndOtherLiabilities`	$119.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.72B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.87B	USD	Point-in-time
Commitments and contingencies - (Note 24)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies - (Note 24)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5.0 million shares authorized; 0 shares issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 5.0 million shares authorized; 0 shares issued and outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, $0.001 par value; 100.0 million shares authorized; 52.8 million and 52.5 million shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValueOutstanding`	$100.00K	USD	Point-in-time
Common stock, $0.001 par value; 100.0 million shares authorized; 52.8 million and 52.5 million shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValueOutstanding`	$100.00K	USD	Point-in-time
Treasury stock, 19.5 million and 19.5 million shares at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$1.17B	USD	Point-in-time
Treasury stock, 19.5 million and 19.5 million shares at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$1.17B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$773.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$782.20M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-90.90M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$11.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.76B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.71B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.28B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.34B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.21B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.00B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.42B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.50B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$478.90M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$549.30M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$758.40M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$266.80M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$673.40M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$244.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$745.40M	USD	3 Qtrs
Gross profit	`GrossProfit`	$282.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$740.80M	USD	3 Qtrs
Gross profit	`GrossProfit`	$234.80M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$156.10M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$504.10M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$174.60M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$471.60M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$46.50M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$137.20M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$53.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$137.10M	USD	3 Qtrs
Impairment charge	`AssetImpairmentCharges`	$7.00M	USD	3 Qtrs
Impairment charge	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment charge	`AssetImpairmentCharges`	$7.00M	USD	1 Quarter
Impairment charge	`AssetImpairmentCharges`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$608.70M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$648.30M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$209.60M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$227.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$25.20M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$54.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$136.70M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$92.50M	USD	3 Qtrs
Non-operating (loss) income	`NonoperatingIncomeExpense`	$-27.50M	USD	3 Qtrs
Non-operating (loss) income	`NonoperatingIncomeExpense`	$-2.80M	USD	1 Quarter
Non-operating (loss) income	`NonoperatingIncomeExpense`	$1.00M	USD	3 Qtrs
Non-operating (loss) income	`NonoperatingIncomeExpense`	$-11.20M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$137.70M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.00M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$65.00M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$52.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$35.10M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$17.40M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$102.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$47.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$37.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.60M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.90	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.90	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.72	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.85	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.70	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.88	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.80M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.80M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.60M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	54.20M	shares	3 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$46.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$102.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$15.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$75.80M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$56.60M	USD	3 Qtrs
Stock-based compensation (benefit) expense	`ShareBasedCompensation`	$-2.40M	USD	3 Qtrs
Stock-based compensation (benefit) expense	`ShareBasedCompensation`	$41.70M	USD	3 Qtrs
Gain on disposal of equipment, intangibles and other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-600.00K	USD	3 Qtrs
Gain on disposal of equipment, intangibles and other assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-100.00K	USD	3 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$1.10M	USD	3 Qtrs
Provision for credit losses	`ProvisionForDoubtfulAccounts`	$1.20M	USD	3 Qtrs
Amortization of debt issuance cost	`AmortizationOfFinancingCosts`	$900.00K	USD	3 Qtrs
Amortization of debt issuance cost	`AmortizationOfFinancingCosts`	$1.40M	USD	3 Qtrs
Impairment charge	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment charge	`AssetImpairmentCharges`	$7.00M	USD	1 Quarter
Impairment charge	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment charge	`AssetImpairmentCharges`	$7.00M	USD	3 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-84.80M	USD	3 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$66.70M	USD	3 Qtrs
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$71.00M	USD	3 Qtrs
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$93.10M	USD	3 Qtrs
(Increase) decrease in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$14.60M	USD	3 Qtrs
(Increase) decrease in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-11.70M	USD	3 Qtrs
(Increase) decrease in lease receivable, net	`ProceedsFromLeasePayments`	$-5.90M	USD	3 Qtrs
(Increase) decrease in lease receivable, net	`ProceedsFromLeasePayments`	$-6.80M	USD	3 Qtrs
(Increase) decrease in deferred costs and other contract assets	`IncreaseDecreaseInDeferredCharges`	$31.60M	USD	3 Qtrs
(Increase) decrease in deferred costs and other contract assets	`IncreaseDecreaseInDeferredCharges`	$2.90M	USD	3 Qtrs
(Increase) decrease in other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$22.20M	USD	3 Qtrs
(Increase) decrease in other non-current assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$42.00M	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$69.60M	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.60M	USD	3 Qtrs
Increase (decrease) in accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-6.90M	USD	3 Qtrs
Increase (decrease) in accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-32.80M	USD	3 Qtrs
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-19.50M	USD	3 Qtrs
Increase (decrease) in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-26.50M	USD	3 Qtrs
Increase (decrease) in income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-7.10M	USD	3 Qtrs
Increase (decrease) in income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.40M	USD	3 Qtrs
Increase (decrease) in deferred revenue and other contract-related liabilities	`IncreaseDecreaseInDeferredRevenue`	$-6.20M	USD	3 Qtrs
Increase (decrease) in deferred revenue and other contract-related liabilities	`IncreaseDecreaseInDeferredRevenue`	$19.70M	USD	3 Qtrs
Increase (decrease) in other non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$22.50M	USD	3 Qtrs
Increase (decrease) in other non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-28.90M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.00M	USD	3 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$36.00M	USD	3 Qtrs
Purchases of property and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.10M	USD	3 Qtrs
Increase in intangible assets	`PaymentsToAcquireIntangibleAssets`	$29.30M	USD	3 Qtrs
Increase in intangible assets	`PaymentsToAcquireIntangibleAssets`	$13.90M	USD	3 Qtrs
Business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$985.00M	USD	3 Qtrs
Business combinations, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-7.50M	USD	3 Qtrs
Other strategic investing activities	`PaymentsToAcquireLongtermInvestments`	$1.00M	USD	3 Qtrs
Other strategic investing activities	`PaymentsToAcquireLongtermInvestments`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-55.90M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.03B	USD	3 Qtrs
Borrowings under line of credit	`ProceedsFromLinesOfCredit`	$1.05B	USD	3 Qtrs
Borrowings under line of credit	`ProceedsFromLinesOfCredit`	$139.50M	USD	3 Qtrs
Repayments on line of credit	`RepaymentsOfLinesOfCredit`	$96.30M	USD	3 Qtrs
Repayments on line of credit	`RepaymentsOfLinesOfCredit`	$154.30M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.30M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromStockOptionsExercised`	$6.90M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromStockOptionsExercised`	$6.70M	USD	3 Qtrs
Payroll tax withholdings on behalf of employees for vested equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.70M	USD	3 Qtrs
Payroll tax withholdings on behalf of employees for vested equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.40M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$401.40M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$525.10M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-20.80M	USD	3 Qtrs
Effect of foreign currency exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-52.50M	USD	3 Qtrs
Effect of foreign currency exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-17.60M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-526.30M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-77.30M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$222.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$748.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$132.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$209.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$748.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$132.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$222.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$209.60M	USD	Point-in-time

Stockholders Equity 79 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	52.80M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	52.50M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Beginning balance (in shares)	`TreasuryStockCommonShares`	19.50M	shares	Point-in-time
Beginning balance (in shares)	`TreasuryStockCommonShares`	19.50M	shares	Point-in-time
Stock options exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	200,000.00	shares	3 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.10M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.30M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.70M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.30M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.20M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.20M	USD	1 Quarter
Shares paid for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$25.40M	USD	1 Quarter
Shares paid for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$100.00K	USD	1 Quarter
Shares paid for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.20M	USD	1 Quarter
Shares paid for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$400.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.50M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.90M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-1.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-8.60M	USD	1 Quarter
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	1 Quarter
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	1 Quarter
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	3.00M	shares	3 Qtrs
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	-	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$401.40M	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	-	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$401.40M	USD	1 Quarter
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	-	USD	3 Qtrs
Net income	`NetIncomeLoss`	$47.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$15.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$102.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$37.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.60M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-34.60M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.00M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.90M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-17.80M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-34.70M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-22.80M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-100.60M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-43.20M	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.20M	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$700.00K	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$800.00K	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$700.00K	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$500.00K	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$1.40M	USD	3 Qtrs
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$3.50M	USD	3 Qtrs
Unrealized gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$5.60M	USD	1 Quarter
Unrealized gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$14.70M	USD	3 Qtrs
Unrealized gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-4.30M	USD	1 Quarter
Unrealized gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$14.70M	USD	1 Quarter
Unrealized gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$400.00K	USD	1 Quarter
Unrealized gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$1.70M	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	52.50M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	52.80M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.20B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Ending balance (in shares)	`TreasuryStockCommonShares`	19.50M	shares	Point-in-time
Ending balance (in shares)	`TreasuryStockCommonShares`	19.50M	shares	Point-in-time

Comprehensive Income 33 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$46.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$102.60M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$15.70M	USD	1 Quarter
Unrealized losses from foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-43.20M	USD	1 Quarter
Unrealized losses from foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-100.60M	USD	3 Qtrs
Unrealized losses from foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-22.80M	USD	1 Quarter
Unrealized losses from foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-34.70M	USD	3 Qtrs
Unrealized losses from foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.00M	USD	1 Quarter
Unrealized losses from foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.90M	USD	1 Quarter
Unrealized losses from foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-34.60M	USD	1 Quarter
Unrealized losses from foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-17.80M	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.20M	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$700.00K	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$700.00K	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$1.40M	USD	3 Qtrs
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$3.50M	USD	3 Qtrs
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$500.00K	USD	1 Quarter
Change in pension benefits	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$800.00K	USD	1 Quarter
Unrealized gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$5.60M	USD	1 Quarter
Unrealized gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$14.70M	USD	3 Qtrs
Unrealized gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-4.30M	USD	1 Quarter
Unrealized gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$14.70M	USD	1 Quarter
Unrealized gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$400.00K	USD	1 Quarter
Unrealized gain on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$1.70M	USD	3 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$34.10M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-32.70M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-54.80M	USD	3 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$81.20M	USD	3 Qtrs

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